Schmitt Industries, Inc. (SMIT)

OTCMKTS · Delayed Price · Currency is USD
0.0150
0.00 (0.00%)
At close: Mar 25, 2026
Market Cap56.80K -98.5%
Revenue (ttm)9.89M +76.7%
Net Income-3.28M
EPS-0.86
Shares Out3.79M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume670
Average Volume33,769
Open0.0150
Previous Closen/a
Day's Range0.0150 - 0.0150
52-Week Range0.0003 - 0.0400
Beta-0.65
RSI45.91
Earnings Daten/a

About Schmitt Industries

Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. It operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells test and measurement products through its Acuity and Xact product lines. The Ice Cream segment invests in creamery manufacturing and consumer retailing through its Ample Hills Creamery product line. Schmitt Industries, Inc. was incorporated in 1984 and is headquartered in Portland, Oregon. [Read more]

Sector Technology
Founded 1984
Employees 157
Stock Exchange OTCMKTS
Ticker Symbol SMIT
Full Company Profile

Financial Performance

In fiscal year 2022, Schmitt Industries's revenue was $9.89 million, an increase of 76.65% compared to the previous year's $5.60 million. Losses were -$3.28 million, -59.41% less than in 2021.

Financial Statements

News

Schmitt Investor Alert

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Schmitt To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile C...

3 years ago - Newsfile Corp

SCHMITT INDUSTRIES ANNOUNCES AMPLE HILLS FURLOUGH

PORTLAND, Ore. , Dec. 19, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced that Ample Hills Creamery will be shutting down operations for at least a week, effective immedia...

3 years ago - PRNewsWire

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES , Dec. 12, 2022 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Schmitt Industries, Inc. ("Schmi...

3 years ago - PRNewsWire

DEADLINE TODAY: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 12, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Schmitt Industries, Inc. (...

3 years ago - Accesswire

MONDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 9, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Schmitt Industries, Inc. ("...

3 years ago - Accesswire

DEADLINE MONDAY NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 8, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Schmitt Industries, Inc. ("...

3 years ago - Accesswire

DEADLINE MONDAY REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - December 8, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Schmitt Indust...

3 years ago - Newsfile Corp

MONDAY DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - December 7, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Schmitt Indust...

3 years ago - Newsfile Corp

7-DAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 5, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Schmitt Industries, Inc. ("...

3 years ago - Accesswire

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 1, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Schmitt Industries, Inc. ("...

3 years ago - Accesswire

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 23, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Schmitt Industries, Inc. (...

3 years ago - Accesswire

SCHMITT INDUSTRIES APPOINTS KRISTI FRANK TO ITS BOARD

PORTLAND, Ore. , Nov. 16, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the appointment of Kristi Frank as the fourth member of the Company's Board of Directors (the "Bo...

3 years ago - PRNewsWire

SCHMITT INDUSTRIES PROVIDES COMPANY UDPATES AND INFORMATION ON NASDAQ DEFICIENCY NOTICES

PORTLAND, Ore. , Oct. 20, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") provides updates following its recent 10-K filing, and discusses its proposed rights...

3 years ago - PRNewsWire

ONGOING INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - October 10, 2022) -  The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ...

3 years ago - Newsfile Corp

ONGOING INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - September 26, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of...

3 years ago - Newsfile Corp

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $SMIT #SMIT--The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm

3 years ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Schmitt Industries, Inc. (SMIT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Schmitt Industrie...

3 years ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Schmitt Industries, Inc. (SMIT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Schmitt Industries, Inc. (“Schmitt” or the “Company”) (NASDAQ: SMIT) on behalf of investors concerning the ...

3 years ago - Business Wire

SCHMITT INDUSTRIES DISCLOSES NOTICE FROM NASDAQ, RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS AS OF AND FOR EACH OF THE FIRST THREE QUARTERLY PERIODS OF FISCAL 2022 AND THE TERMINATION OF TERM SHEET

PORTLAND, Ore. , Sept. 20, 2022 /PRNewswire/ -- On September 14, 2022, Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") received written notice from the Listing Qualifications Depa...

3 years ago - PRNewsWire

SCHMITT INDUSTRIES COMMENTS ON POTENTIAL TRANSACTION WITH PROTON GREEN

PORTLAND, Ore. , July 25, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") in response to certain questions regarding the announcement of the potential reverse...

3 years ago - PRNewsWire

VVC Portfolio Company, Proton Green, Plans for "Reverse Merger" with Nasdaq Listed Company

Poised To Be One of The Leading Helium and Hydrogen Production and Carbon Sequestration Hubs in North America Poised To Be One of The Leading Helium and Hydrogen Production and Carbon Sequestration Hu...

4 years ago - GlobeNewsWire

SCHMITT INDUSTRIES ENTERS INTO TERM SHEET WITH PROTON GREEN

Term sheet for reverse takeover transaction for one of the leading helium and hydrogen production and carbon sequestration hubs in North America PORTLAND, Ore. , July 20, 2022 /PRNewswire/ -- Schmitt ...

4 years ago - PRNewsWire

SCHMITT INDUSTRIES CLOSES SALE AGREEMENT FOR NICOLAI STREET PROPERTY

PORTLAND, Ore. , July 18, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") announces that it has closed the Real Estate Purchase and Sale Agreement (the "Sale ...

4 years ago - PRNewsWire

SCHMITT INDUSTRIES PROVIDES AMPLE HILLS AND CORPORATE UPDATES

PORTLAND, Ore. , June 16, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today provided an update on Ample Hills and strategic transactions.

4 years ago - PRNewsWire

SCHMITT INDUSTRIES ENTERS INTO SALE AGREEMENT FOR NICOLAI STREET PROPERTY

PORTLAND, Ore. , June 7, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") announces that it has entered into a Real Estate Purchase and Sale Agreement (the "Sa...

4 years ago - PRNewsWire