SMG Industries, Inc. (SMGI)
|Net Income (ttm)||-16.12M|
|Trading Day||May 14|
|Day's Range||0.1450 - 0.1780|
|52-Week Range||0.0589 - 0.4500|
Transportation Services Company Reports $26.6 million in revenue for 2020, net of discontinued operations, an increase of $26.1 million from 2019
SMG Industries, Inc. Announces Preliminary Unaudited Year End 2020 Revenue Results and Strategy Update
SMG Reports Preliminary Unaudited Revenues of approximately $30.6 million for the Year Ended December 31, 2020, an Increase of about 370% From the Year Ended 2019
HOUSTON, TX, Dec. 21, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- SMG Industries, Inc. (the “Company”) (OTCQB:SMGI), a growth-oriented transportation services business operating in the Southwest United...
SMG Industries Inc., an oilfield service company, provides detergents, surfactants, and degreasers for the drilling rig operators, exploration and production companies, and distribution and supply companies in the United States. The company offers degreaser under the Miracle Blue name; aluminum brightener and descaler under the Luma Brite name; and emulsifier under the Wicked Green name that are used in oil remediation jobs. It also sells equipment and parts, such as industrial and oilfield pressure washers, compressors, heaters, water pumps an... [Read more...]
Oil & Gas Equipment & Services
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In 2020, SMG Industries's revenue was $26.67 million, an increase of 5,142.36% compared to the previous year's $508,659. Losses were -$15.87 million, 298.3% more than in 2019.