Schmitt Industries, Inc. (SMIT)

Schmitt Industries Income Statement

Financials in millions USD. Fiscal year is June - May.

Year Ending	TTM	May 31, 2022	May 31, 2021	May 31, 2020	May 31, 2019	May 31, 2018
Revenue	9.89	9.89	7.86	4.19	13.81	13.89
Revenue Growth (YoY)	25.80%	25.80%	87.70%	-69.66%	-0.56%	12.02%
Cost of Revenue	4.82	4.82	4.59	2.24	8.82	7.82
Gross Profit	5.07	5.07	3.27	1.95	4.99	6.07
Selling, General & Admin	15.64	15.64	12.05	4.06	5.86	5.58
Research & Development	0.04	0.04	0.08	0.07	0.13	0.33
Other Operating Expenses	0.9	0.32	0.27	0.32	-0.08	0.08
Operating Expenses	15.68	15.68	12.13	4.13	5.99	5.91
Operating Income	-10.62	-10.62	-8.86	-2.18	-1	0.16
Interest Income	0	0	0	0.07	0.02	0
Interest Expense	0.05	0.05	0.02	0	-0.11	0
Other Expense / Income	-7.4	-6.97	-0.38	-0.26	0.21	-0.08
Pretax Income	-3.69	-3.69	-8.49	-1.86	-1.08	0.24
Income Tax	0.02	0.02	-0.4	-0.01	0.03	0.03
Net Income	-3.28	-3.71	-8.09	-1.84	-1.11	0.21
Shares Outstanding (Basic)	4	4	4	4	4	3
Shares Outstanding (Diluted)	4	4	4	4	4	3
Shares Change	2.63%	1.13%	-4.42%	-2.71%	17.03%	15.50%
EPS (Basic)	-0.85	-0.97	-2.15	-0.47	-0.28	0.06
EPS (Diluted)	-0.86	-0.97	-2.15	-0.47	-0.27	0.06
Free Cash Flow	-9.04	-9.04	-8.34	-0	-0.72	-1.01
Free Cash Flow Per Share	-2.34	-2.37	-2.22	-0.00	-0.18	-0.29
Gross Margin	51.23%	51.23%	41.59%	46.55%	36.13%	43.67%
Operating Margin	-107.30%	-107.30%	-112.63%	-52.03%	-7.27%	1.12%
Profit Margin	-33.19%	-37.49%	-102.87%	-43.97%	-8.02%	1.52%
Free Cash Flow Margin	-91.42%	-91.42%	-106.11%	-0.10%	-5.24%	-7.28%
Effective Tax Rate	-	-	-	-	-	10.96%
EBITDA	-9.42	-9.86	-8.58	-2.18	-1	0.16
EBITDA Margin	-95.26%	-99.70%	-109.16%	-52.03%	-7.27%	1.12%
Depreciation & Amortization	0.44	0.44	0.55	0.16	0.19	0.21
EBIT	-9.86	-10.3	-9.13	-2.34	-1.19	-0.05
EBIT Margin	-99.68%	-104.12%	-116.14%	-55.87%	-8.63%	-0.36%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.