Schmitt Industries Income Statement

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

Millions USD. Fiscal year is Jun - May.

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	May '22 May 31, 2022	May '21 May 31, 2021	May '20 May 31, 2020	May '19 May 31, 2019	May '18 May 31, 2018
Revenue	9.89	5.6	4.19	4.73	13.89
Revenue Growth (YoY)	76.65%	33.66%	-11.41%	-65.95%	12.02%
Cost of Revenue	4.82	3.54	2.24	2.96	7.82
Gross Profit	5.07	2.06	1.95	1.77	6.07
Selling, General & Admin	15.64	11.4	4.06	3.18	5.58
Research & Development	0.04	0.07	0.07	0.06	0.33
Operating Expenses	15.68	11.47	4.13	3.24	5.91
Operating Income	-10.62	-9.4	-2.18	-1.47	0.16
Interest Expense	-0.05	-0.02	-0	-0.01	-0
Interest & Investment Income	-	-	0.07	0.02	0.01
Currency Exchange Gain (Loss)	-	-	0	-0	0.07
Other Non Operating Income (Expenses)	0.32	0.25	0.25	0	-0
EBT Excluding Unusual Items	-10.35	-9.17	-1.86	-1.46	0.24
Merger & Restructuring Charges	-	-0.13	-	-	-
Gain (Loss) on Sale of Assets	4.6	0.02	-	-	-
Asset Writedown	-	-0.9	-	-	-
Other Unusual Items	2.06	1.14	-	-	-
Pretax Income	-3.69	-9.04	-1.86	-1.46	0.24
Income Tax Expense	0.02	-0.4	-0.01	0.01	0.03
Earnings From Continuing Operations	-3.71	-8.64	-1.84	-1.47	0.21
Earnings From Discontinued Operations	0.43	0.55	5.72	0.26	-
Net Income	-3.28	-8.09	3.88	-1.21	0.21
Net Income to Common	-3.28	-8.09	3.88	-1.21	0.21
Shares Outstanding (Basic)	4	4	4	4	3
Shares Outstanding (Diluted)	4	4	4	4	3
Shares Change (YoY)	1.13%	-4.42%	-1.65%	15.76%	15.50%
EPS (Basic)	-0.86	-2.15	0.98	-0.30	0.06
EPS (Diluted)	-0.86	-2.15	0.98	-0.31	0.06
Free Cash Flow	-9.04	-8.34	-0	-0.7	-1.01
Free Cash Flow Per Share	-2.38	-2.22	-0.00	-0.17	-0.29
Gross Margin	51.23%	36.87%	46.55%	37.40%	43.67%
Operating Margin	-107.31%	-167.90%	-52.03%	-31.05%	1.12%
Profit Margin	-33.19%	-144.45%	92.62%	-25.61%	1.52%
Free Cash Flow Margin	-91.42%	-149.00%	-0.10%	-14.85%	-7.28%
EBITDA	-10.18	-8.96	-2.02	-1.3	0.36
EBITDA Margin	-102.89%	-159.97%	-48.18%	-27.39%	2.60%
D&A For EBITDA	0.44	0.44	0.16	0.17	0.21
EBIT	-10.62	-9.4	-2.18	-1.47	0.16
EBIT Margin	-107.31%	-167.90%	-52.03%	-31.05%	1.12%
Effective Tax Rate	-	-	-	-	10.96%
Advertising Expenses	0.04	0.06	0.01	0.02	0.07

Updated Oct 13, 2022. Source: S&P Global Market Intelligence. Standard template. Financial Sources.