SMG Industries Inc. (SMGI)

OTCMKTS: SMGI · Delayed Price · USD
0.0510
0.00 (0.00%)
Apr 15, 2024, 3:16 PM EDT - Market closed
Market Cap 13.67M
Revenue (ttm) 93.38M
Net Income (ttm) -11.40M
Shares Out 268.06M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 48,709
Open 0.0550
Previous Close 0.0510
Day's Range 0.0510 - 0.0550
52-Week Range 0.0500 - 0.4900
Beta 0.58
Analysts n/a
Price Target n/a
Earnings Date Aug 29, 2023

About SMGI

SMG Industries Inc. operates as a transportation services company in the United States. It engages in the transportation of infrastructure components, such as bridge beams and power generation transformers; wind energy components; and midstream compressors. The company is also involved in the heavy haul of production equipment, heat exchangers, coolers, construction equipment, and refinery components; transportation of natural gas compressors; flatbed freight; and crane activities used to set equipment on compressor stations, pipeline infrastru... [Read more]

Sector Energy
Founded 2008
Employees 269
Stock Exchange OTCMKTS
Ticker Symbol SMGI
Full Company Profile

Financial Performance

In 2022, SMG Industries's revenue was $71.02 million, an increase of 36.28% compared to the previous year's $52.11 million. Losses were -$10.71 million, -43.03% less than in 2021.

Financial Statements

News

SMG Industries Inc. Announces Voluntary SEC Deregistration

HOUSTON, TX, March 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – SMG Industries Inc. (“SMG” or the “Company”) (OTCQB: SMGI), a growth-oriented transportation services company specializing in the ful...

6 weeks ago - GlobeNewsWire

SMG Industries Inc. Releases Financial Information Recently Filed in a Current Report on Form 8-K and Stockholder Update

HOUSTON, TX, Oct. 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- SMG Industries Inc. (“SMG” or the “Company”) (OTCQB: SMGI), a growth-oriented transportation services company specializing in the ful...

7 months ago - GlobeNewsWire

SMG Industries Inc. Reports Record Revenues of $21.8 Million for the Second Quarter 2023 (Excludes Contribution from the Barnhart Acquisition Completed July 2023)

HOUSTON, TX, Aug. 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – SMG Industries Inc. (“SMG” or the “Company”) (OTCQB: SMGI), a growth-oriented transportation services company specializing in the full...

8 months ago - GlobeNewsWire

Great Rock Capital Closes $31.7 Million Term Loan Facility with SMG Industries, Inc.

Capital to support strategic acquisition WESTPORT, Conn. , July 25, 2023 /PRNewswire/ -- Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announce...

9 months ago - PRNewsWire

Generational Capital Markets Advises Barnhart Transportation in its Recapitalization by SMG Industries

DALLAS--(BUSINESS WIRE)--Barnhart Transportation, a Generational Capital Markets client, was acquired by SMG Industries (OTCQB: SMGI).

9 months ago - Business Wire

SMGI Announces Successful Recapitalization and Acquisition of Barnhart Transportation, a Leading Logistics Services Provider Based in Pennsylvania

HOUSTON, Texas, July 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- SMG Industries Inc. (“SMGI” or the “Company”) (OTCQB: SMGI), a growth-oriented transportation services company focused on the dome...

10 months ago - GlobeNewsWire

SMGI Announces Non-Binding Letter of Intent to Acquire Diversified Transportation Business in Northeastern United States

HOUSTON, TX, June 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – SMG Industries Inc. (“SMG” or the "Company") (OTCQB: SMGI), a growth-oriented transportation services company focused on the domestic ...

11 months ago - GlobeNewsWire

SMG Industries, Inc. Reports Record First Quarter 2023 Revenue Results of $20.86 Million, a 29% Increase Over Q1 2022, and Positive Adjusted EBITDA

HOUSTON, TX, May 17, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – SMG Industries, Inc. (“SMG” or the "Company") (OTCQB: SMGI), a growth-oriented transportation services company focused on the domestic ...

1 year ago - GlobeNewsWire

SMG Reports Preliminary Unaudited Revenues of Approximately $20.5 Million for Q1, 2023, an Increase of Approximately 27% From Q1, 2022

HOUSTON, TX, May 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – SMG Industries, Inc. ("SMG" or the "Company") (OTCQB: SMGI), a growth-oriented transportation services company focused on the domestic ...

1 year ago - GlobeNewsWire

SMG Industries, Inc. Announces Fiscal Year 2022 Earnings and Record Revenues for 2022

SMG Reports Record Revenues of $71 Million for Fiscal Year ended December 31, 2022, an Increase of 36% From 2021 Revenues, and a 2022 Positive Adjusted EBITDA of $4.8 Million

1 year ago - GlobeNewsWire

SMG Industries, Inc. Announces Preliminary Unaudited Revenue Results for the Year 2022

SMG Reports Preliminary Unaudited Revenues of Approximately $70.95 Million for the Fiscal Year Ended December 31, 2022, an Increase of Approximately 36% From 2021

1 year ago - GlobeNewsWire

SMG Industries, Inc. Reports Record Revenues of $19.3 Million for the Third Quarter and Significantly Expanding EBITDA

A Record $53.5 Million for the Nine Months Ended September 30, 2022 with Year to Date 2022 Revenues Up 55% from the Comparable Period in 2021

1 year ago - GlobeNewsWire

SMG Industries, Inc. Announces Preliminary Unaudited Revenue Results for the Third Quarter 2022

SMG Reports Preliminary Unaudited Revenues of Approximately $18.8 Million for the Third Quarter Ended September 30, 2022, an Increase of Approximately 27% From the Third Quarter 2021

1 year ago - GlobeNewsWire

SMG Industries, Inc. Reports $18.07 Million in Revenue for the Second Quarter and $34.2 Million for the Six-Months Ended June 30, 2022

Fiscal Year 2022 Six-Month Revenues up 73% From the Comparable Year Ago Period

1 year ago - GlobeNewsWire

SMG Industries, Inc. Announces Preliminary Unaudited Revenue Results for the Second Quarter 2022

SMG Reports Preliminary Unaudited Revenues of Approximately $17.7 Million for the Second Quarter Ended June 30, 2022, an Increase of Approximately 44.5% From the Second Quarter 2021

1 year ago - GlobeNewsWire

SMG Industries, Inc. Reports Financial Results for Its First Quarter 2022

Transportation Services Company Reports $16.1 million in Revenues for First Quarter 2022, an Increase of approximately 112% from Q1, 2021

2 years ago - GlobeNewsWire

SMG Industries, Inc. Reports Financial Results for Fiscal Year 2021

Transportation Services Company Reports $52.1 million in annual revenue for 2021, net of discontinued operations, an increase of $25.4 million, or 95% from 2020

2 years ago - GlobeNewsWire

SMG Industries, Inc. Announces Preliminary Unaudited Revenue Results for the Year 2021

SMG Reports Preliminary Unaudited Revenues of approximately $51.7 million for the Year Ended December 31, 2021, an Increase of approximately 93% From the Previous Year

2 years ago - GlobeNewsWire

CORRECTION: SMG Industries, Inc. Reports 2021 $14.77 Million Revenue Third Quarter and $34.61 Million for the Nine Month Financial Results

HOUSTON, TX, Nov. 17, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- SMG Industries, Inc. (the “Company”) (OTCQB:SMGI), a growth-oriented transportation services company focused on the domestic infrastr...

2 years ago - GlobeNewsWire

SMG Industries, Inc. Reports 2021 $12.77 Million Revenue Third Quarter and $34.61 Million for the Nine Month Financial Results

HOUSTON, TX, Nov. 17, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- SMG Industries, Inc. (the “Company”) (OTCQB:SMGI), a growth-oriented transportation services company focused on the domestic infrastr...

2 years ago - GlobeNewsWire

SMG Industries, Inc. Announces Senior Management Team Additions and Changes

Experienced transportation leaders join SMGI to drive next phase of growth and margins

2 years ago - GlobeNewsWire

SMG Industries, Inc. Reports $12.2 Million in Revenues for the Second Quarter 2021 and Six-Month Financial Results

HOUSTON, TX, Aug. 24, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- SMG Industries, Inc. (the “Company”) (OTCQB:SMGI), a growth-oriented transportation services company focused on the domestic infrastr...

2 years ago - GlobeNewsWire

SMG Industries, Inc. Announces Preliminary Unaudited Revenue Results for the Second Quarter 2021

SMG Reports Preliminary Unaudited Revenues of Approximately $11.75 Million for the Second Quarter Ended June 30, 2021, a Sequential Increase of Approximately 55% From the First Quarter 2021

3 years ago - GlobeNewsWire

SMG Industries, Inc. Announces Terminal Expansion and New Business Unit in Houston

5J Transportation LLC, a wholly owned subsidiary of SMGI, diversifying revenues further with Flatbed and Industrial Freight

3 years ago - GlobeNewsWire

SMG Industries, Inc. Reports Financial Results for Fiscal Year 2020

Transportation Services Company Reports $26.6 million in revenue for 2020, net of discontinued operations, an increase of $26.1 million from 2019

3 years ago - GlobeNewsWire