Schmitt Industries Inc. (SMIT)
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Income Statement (Annual)

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Year FY22 FY21 FY20 FY19 FY18 FY17 FY16 FY15 FY14 FY13 FY12 FY11 FY10 FY09 FY08 FY07 FY06 FY05 FY04 FY03 FY02 FY01 FY00 FY99 FY98 FY97 FY96 FY95 FY94
Revenue 9.89M 7.86M 4.19M 13.81M 13.89M 12.40M 11.69M 13.07M 12.13M 12.45M 14.44M 11.49M 6.81M 9.50M 11.42M 11.88M 11.50M 10.53M 7.92M 7.42M 6.87M 7.58M 8.85M 8.00M 10.60M 10.50M 7.10M 4.40M 2.50M
Cost of Revenue 4.82M 4.59M 2.24M 8.82M 7.82M 7.51M 6.82M 6.93M 6.51M 6.36M 8.09M 5.89M 3.76M 5.36M 5.31M 5.25M 5.03M 4.46M 3.41M 3.49M 2.84M 5.18M 3.63M 3.80M 4.30M 3.60M 2.10M 1.50M 1.00M
Gross Profit 5.07M 3.27M 1.95M 4.99M 6.07M 4.89M 4.87M 6.14M 5.63M 6.09M 6.34M 5.61M 3.04M 4.14M 6.12M 6.63M 6.47M 6.07M 4.52M 3.93M 4.03M 2.40M 5.23M 4.20M 6.30M 6.90M 5.00M 2.90M 1.50M
Operating Income -10.62M -8.86M -2.18M -1.00M 155.37K -988.68K -1.44M -64.46K -512.40K -562.27K 57.28K -195.68K -1.73M -1.91M 859.96K 1.77M 1.73M 1.21M 437.27K -402.42K -44.08K -2.34M 768.33K -400.00K 1.30M 2.20M 1.60M 700.00K 400.00K
Interest Income - - 67.13K 24.22K - - - - - - - 4.00K 11.00K 74.00K - - - - - - 4.67K - - - - - - - -
Pretax Income -3.69M -8.49M -1.86M -1.08M 236.55K -1.05M -1.50M -83.58K -530.29K -548.17K 94.54K -203.72K -1.70M -1.86M 1.11M 1.99M 1.78M 1.00M 516.59K -851.13K -1.60M -2.37M 763.66K -400.00K 1.70M 2.30M 1.40M 400.00K 500.00K
Net Income -3.28M -8.09M -1.84M -1.11M 210.64K -1.07M -1.52M -93.67K -539.62K -539.88K 77.42K -205.38K -1.71M -2.15M 1.10M 1.28M 1.35M 1.61M 516.59K -1.49M -1.60M -2.37M 561.46K -300.00K 1.30M 1.70M 1.20M 200.00K 300.00K
Selling & General & Admin 15.64M 12.05M 4.06M 5.86M 5.58M 5.62M 6.02M 5.83M 5.66M 6.08M 5.97M 5.30M 4.18M 5.03M 4.63M 4.77M 4.66M 4.81M 4.05M 4.14M 3.86M 4.30M 3.81M 3.80M 4.30M 4.30M 3.00M 2.00M 1.10M
Research & Development 40.46K 83.13K 68.85K 129.04K 327.32K 256.16K 287.67K 378.31K 475.43K 573.46K 317.99K 504.25K 584.58K 1.02M 628.15K 88.42K 81.81K 42.40K 30.37K 192.69K 217.44K 327.47K 380.60K 500.00K 400.00K 100.00K - - -
Other Expenses - 273.02K 322.98K -77.05K 81.18K -56.67K -58.71K -19.12K -17.89K 14.11K 5.97B 5.30B 420.34M - 4.63B 4.77B 4.74B - - - - - 267.58K 300.00K 300.00K 300.00K 400.00K 200.00K -
Operating Expenses 15.68M 12.13M 4.13M 5.99M 5.91M 5.87M 6.30M 6.21M 6.14M 6.66M 6.29M 5.80M 4.77M 6.05M 5.26M 4.86M 4.74M 4.86M 4.08M 4.33M 4.07M 4.62M 4.46M 4.60M 5.00M 4.70M 3.40M 2.20M 1.10M
Interest Expense 46.83K 19.04K 2.44K 12.16K - - - - - - - 4.00K 11.00K 74.00K - - - - - - 53.47K - - - - - - - -
Selling & Marketing Expenses - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Cost & Expenses 20.51M 16.72M 6.37M 14.81M 13.73M 13.39M 13.12M 13.13M 12.65M 13.01M 14.38M 11.69M 8.53M 11.41M 10.56M 10.11M 9.77M 9.32M 7.49M 7.82M 6.92M 9.80M 8.09M 8.40M 9.30M 8.30M 5.50M 3.70M 2.10M
Income Tax 19.20K -403.67K -14.64K 26.44K 25.91K 28.01K 20.00K 10.09K 9.33K -8.28K 17.12K 1.66K 15.43K 290.27K 8.14K 710.00K 433.54K -606.00K -79.32K 636.01K 1.55M 146.00K 202.20K -100.00K 400.00K 600.00K 200.00K 200.00K 200.00K
Shares Outstanding (Basic) 3.81M 3.77M 3.94M 4.01M 3.42M 3.00M 3.00M 3.00M 3.00M 2.99M 2.93M 2.90M 2.89M 2.87M 2.73M 2.65M 2.61M 2.53M 2.44M 2.47M 2.49M 2.63M 2.67M 3.33M 2.36M 2.27M 2.50M 1.67M 1.67M
Shares Outstanding (Diluted) 3.81M 3.77M 3.94M 4.05M 3.46M 3.00M 3.00M 3.00M 3.00M 3.00M 2.94M 2.90M 2.89M 2.87M 2.83M 2.76M 2.75M 2.71M 2.52M 2.47M 2.49M 2.63M 2.67M 3.33M 2.49M 2.46M 2.50M 1.67M 1.67M
EPS (Basic) -0.86 -2.15 -0.47 -0.28 0.06 -0.36 -0.51 -0.03 -0.18 -0.18 0.03 -0.07 -0.59 -0.75 0.40 0.49 0.52 0.64 0.21 -0.6 -0.64 -0.9 0.21 -0.09 0.54 0.75 0.48 0.12 0.18
EPS (Diluted) -0.86 -2.15 -0.47 -0.27 0.06 -0.36 -0.51 -0.03 -0.18 -0.18 0.03 -0.07 -0.59 -0.75 0.39 0.47 0.49 0.59 0.20 -0.6 -0.64 -0.9 0.21 -0.09 0.51 0.69 0.48 0.12 0.09
EBITDA -3.21M -8.58M -1.70M -1.27M 155.37K -769.60K -1.19M 202.11K -184.11K -214.56K 401.84K 145.01K -1.36M -1.50M 1.10M 1.97M 1.94M 1.43M 625.58K -162.15K 201.06K -1.95M 1.04M -100.00K 1.60M 2.50M 2.00M 900.00K 400.00K
Depreciation & Amortization 437.18K 443.93K 161.14K 173.22K 205.24K 219.08K 245.82K 266.57K 328.29K 347.71K 344.55K 340.69K 362.03K 410.65K 238.98K 205.91K 210.61K 214.93K 188.31K 240.26K 245.14K 269.63K 267.58K 300.00K 300.00K 300.00K 400.00K 200.00K -