SMG Industries, Inc. (SMGI)
|Net Income (ttm)||-12.58M|
|Trading Day||February 23|
|Day's Range||0.2020 - 0.2238|
|52-Week Range||0.0589 - 0.45|
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 Southw...
SMG Industries, 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 and com... [Read more...]
Oil & Gas Equipment & Services
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In 2019, SMG Industries's revenue was $6.47 million, an increase of 46.40% compared to the previous year's $4.42 million. Losses were -$3.98 million, 248.5% more than in 2018.