SMIT RSI Chart
Trailing 12 Months
-92.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2022 | 9.0M | 9.9M | 0 | 0 |
2021 | 6.2M | 5.6M | 7.9M | 8.8M |
2020 | 4.4M | 4.2M | 4.6M | 5.6M |
2019 | 9.5M | 6.9M | 4.6M | 4.5M |
2018 | 13.7M | 13.9M | 14.2M | 11.6M |
2017 | 11.7M | 12.4M | 12.6M | 13.7M |
2016 | 12.6M | 11.7M | 11.5M | 11.1M |
2015 | 12.2M | 13.1M | 13.1M | 13.0M |
2014 | 12.4M | 12.1M | 12.3M | 12.3M |
2013 | 13.5M | 12.5M | 11.7M | 12.1M |
2012 | 13.4M | 14.4M | 14.6M | 13.9M |
2011 | 10.3M | 11.5M | 12.6M | 13.1M |
2010 | 0 | 6.8M | 8.0M | 9.1M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 23, 2023 | henderson dustin | acquired | 130 | 0.013 | 10,000 | - |
Nov 15, 2022 | smaha kristi michelle | acquired | - | - | 43,103 | - |
Oct 12, 2022 | zapata michael r. | acquired | - | - | 3,788 | chief executive officer |
Oct 12, 2022 | zyngier alexandre | acquired | - | - | 3,346 | - |
Apr 14, 2022 | zapata michael r. | sold (taxes) | -2,999 | 4.87 | -616 | chief executive officer |
Apr 14, 2022 | tung lillian | acquired | - | - | 1,258 | - |
Apr 14, 2022 | tung lillian | sold (taxes) | -2,449 | 4.87 | -503 | - |
Apr 14, 2022 | zyngier alexandre | acquired | - | - | 1,361 | - |
Apr 14, 2022 | zapata michael r. | acquired | - | - | 1,541 | chief executive officer |
Mar 14, 2022 | bosco philip | acquired | - | - | 1,527 | chief financial officer |
Which funds bought or sold SMIT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 01, 2024 | CONCOURSE FINANCIAL GROUP SECURITIES, INC. | sold off | - | - | - | -% |
Nov 12, 2021 | Knott David M | new | - | 11,000 | 11,000 | -% |
Unveiling Schmitt Industries Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Schmitt Industries Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 | 2018Q1 | 2017Q4 | 2017Q3 | 2017Q2 |
Revenue | -28.4% | 1,323,157 | 1,848,913 | 2,961,965 | 3,759,175 | 394,818 | 1,668,444 | 2,029,712 | 1,507,485 | 967,078 | 1,094,967 | 1,033,102 | 1,094,778 | 1,204,776 | 1,120,545 | 1,157,999 | 3,440,453 | 3,794,677 | 3,238,858 | 3,770,880 | 3,083,648 | 3,650,428 |
Cost Of Revenue | -4.3% | 984,989 | 1,029,221 | 1,341,279 | 1,469,150 | 731,084 | 837,254 | 1,067,599 | 899,841 | 487,260 | 491,346 | 643,348 | 617,423 | 145,504 | 705,259 | 675,872 | 2,100,655 | 2,177,377 | 1,916,345 | 2,044,898 | 1,684,129 | 2,387,322 |
Gross Profit | -58.7% | 338,169 | 819,692 | 1,620,686 | 2,290,025 | -336,266 | 831,190 | 962,113 | 607,644 | 479,818 | 603,621 | 389,754 | 477,355 | -37,893 | 415,286 | 482,127 | 1,339,798 | 1,617,300 | 1,322,513 | 1,725,982 | 1,399,519 | 1,263,106 |
Operating Expenses | 11.9% | 3,765,814 | 3,366,100 | 3,892,728 | 4,659,817 | 3,821,924 | 3,335,650 | 3,109,393 | 2,229,336 | 1,350,793 | 1,035,322 | 998,607 | 707,238 | 464,147 | 831,602 | 825,503 | 1,453,600 | 1,377,430 | 1,362,508 | 1,625,203 | 1,544,801 | 1,684,783 |
S&GA Expenses | 11.9% | 3,753,474 | 3,352,829 | 3,887,148 | 4,650,552 | 2,905,963 | 3,313,918 | 3,091,516 | 2,086,716 | 1,314,315 | 1,011,414 | 993,230 | 704,152 | 473,050 | 826,105 | 800,671 | 1,405,363 | 1,303,120 | 1,286,718 | 1,524,443 | 1,468,344 | 1,617,454 |
R&D Expenses | -7.0% | 12,340 | 13,271 | 5,580 | 9,265 | 12,539 | 21,732 | 17,877 | 17,453 | 39,167 | 23,908 | - | 3,086 | -8,902 | 5,497 | 24,832 | 48,237 | 74,310 | 75,790 | 100,760 | 76,457 | 67,329 |
EBITDA Margin | 19.0% | -0.32 | -0.40 | -0.56 | -1.28 | -1.53 | -0.88 | -0.60 | -0.32 | -0.40 | -0.31 | -0.34 | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | 9.5% | 9,017 | 8,232 | 18,303 | 11,276 | 8,013 | 5,400 | 1,285 | 2,511 | -2,435 | - | 362 | 2,073 | 3,175 | 8,523 | 199 | 263 | 287 | 329 | 372 | 413 | 555 |
Income Taxes | -59.7% | 3,329 | 8,268 | -1,825 | 9,425 | 1,001 | -1,637 | 1,637 | -404,667 | -13,622 | -4,206 | -4,439 | 2,325 | 21,398 | 2,189 | 2,114 | 6,366 | 6,680 | 6,267 | 6,609 | 6,359 | 6,637 |
Earnings Before Taxes | -236.6% | -3,517,272 | -1,045,062 | 2,481,024 | -1,608,378 | -3,998,555 | -2,421,434 | -2,364,832 | -254,008 | -744,924 | -244,483 | -603,497 | -225,539 | -451,228 | -421,774 | -337,370 | -205,453 | 232,616 | 21,820 | 109,857 | -127,739 | -427,295 |
EBT Margin | 19.8% | -0.37 | -0.47 | -0.63 | -1.32 | -1.61 | -0.94 | -0.64 | -0.40 | -0.43 | -0.34 | -0.38 | - | - | - | - | - | - | - | - | - | - |
Net Income | -193.9% | -3,095,493 | -1,053,330 | 2,482,849 | -1,617,803 | -3,454,065 | -2,419,797 | -2,366,469 | 150,659 | -676,045 | -131,170 | 4,517,947 | 169,808 | -268,711 | -475,189 | -255,272 | -211,819 | 225,936 | 15,553 | 103,248 | -134,098 | -433,932 |
Net Income Margin | 18.3% | -0.33 | -0.41 | -0.57 | -1.26 | -1.44 | -0.86 | -0.54 | 0.84 | 0.93 | 0.97 | 0.89 | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | 24.3% | -1,948,331 | -2,573,533 | -2,950,793 | -1,571,523 | -2,176,566 | -3,126,169 | -2,072,231 | -969,826 | -377,462 | -304,138 | 585,798 | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 | 2018Q1 | 2017Q4 | 2017Q3 | 2017Q2 |
Assets | 11.4% | 22,839 | 20,493 | 23,373 | 20,029 | 21,174 | 22,433 | 25,176 | 27,276 | 13,201 | 13,731 | 15,043 | 10,113 | 9,865 | 10,530 | 10,938 | 11,153 | 11,286 | 11,049 | 9,004 | 8,715 | 9,006 |
Current Assets | -22.7% | 4,006 | 5,182 | 7,926 | 6,006 | 6,957 | 7,259 | 10,025 | 12,154 | 12,261 | 12,758 | 14,046 | 8,826 | 8,634 | 9,249 | 9,759 | 9,927 | 10,018 | 9,733 | 7,636 | 7,293 | 7,540 |
Cash Equivalents | -47.4% | 1,051 | 1,999 | 4,573 | 2,726 | 4,033 | 4,166 | 7,337 | 9,471 | 10,567 | 10,964 | 12,525 | 1,648 | 1,467 | 1,226 | 1,356 | 1,801 | 2,112 | 2,047 | 587 | 529 | 868 |
Inventory | -34.3% | 1,444 | 2,198 | 1,830 | 1,829 | 1,251 | 2,004 | 1,752 | 1,857 | 1,059 | 1,057 | 1,078 | 5,019 | 1,241 | 5,751 | 6,077 | 6,135 | 5,711 | 5,450 | 4,792 | 4,545 | 4,205 |
Net PPE | - | - | - | - | - | - | - | - | 2,164 | 652 | 659 | 657 | 817 | 753 | 863 | 735 | 755 | 771 | 794 | 819 | 846 | 865 |
Liabilities | 32.2% | 22,234 | 16,817 | 18,669 | 17,850 | 17,404 | 15,312 | 15,482 | 15,283 | 1,308 | 1,172 | 1,162 | 1,338 | 1,392 | - | - | - | - | - | - | - | - |
Current Liabilities | 30.8% | 5,828 | 4,456 | 4,715 | 4,908 | 4,009 | 3,443 | 3,026 | 2,557 | 1,308 | 1,172 | 1,162 | 1,244 | 1,364 | 1,824 | 1,807 | 1,764 | 1,770 | 1,711 | 2,016 | 1,865 | 2,029 |
Long Term Debt | 63.4% | 2,497 | 1,528 | 2,595 | 2,801 | 3,253 | 1,477 | 1,791 | 1,797 | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Current | - | - | - | - | - | - | - | - | 626 | - | - | - | 21.00 | 21.00 | 21.00 | - | - | - | - | - | - | - |
LT Debt, Non Current | 63.4% | 2,497 | 1,528 | 2,595 | 2,801 | 3,253 | 1,477 | 1,791 | 1,797 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | -83.5% | 605 | 3,676 | 4,704 | 2,179 | 3,770 | 7,121 | 9,694 | 11,992 | 11,893 | 12,559 | 13,881 | 8,775 | 8,473 | 8,671 | 9,131 | 9,389 | 9,516 | 9,339 | 6,988 | 6,850 | 6,977 |
Retained Earnings | -35.8% | -11,737 | -8,642 | -7,588 | -10,071 | -8,453 | -4,999 | -2,579 | -213 | -364 | 312 | 443 | -4,074 | -4,244 | -3,975 | -3,500 | -3,245 | -3,033 | -3,259 | -3,275 | -3,378 | -3,244 |
Shares Outstanding | 0.2% | 3,826 | 3,819 | 3,811 | 3,800 | 3,787 | 3,765 | 3,763 | 3,764 | 3,785 | 3,993 | 4,031 | 4,033 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 17,796 | - | - | - | 20,469 | - | - | - | 8,803 | - | - | - | 6,820 | - | - | - | 5,042 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 | 2018Q1 | 2017Q4 | 2017Q3 | 2017Q2 |
Cashflow From Operations | 52.2% | -1,203 | -2,515 | -2,882 | -1,445 | -1,282 | -2,874 | -1,947 | -836 | -372 | -290 | 600 | 92.00 | 267 | -111 | -450 | -402 | 93.00 | -861 | 80.00 | -315 | 361 |
Share Based Compensation | -4.9% | 24.00 | 26.00 | 42.00 | 27.00 | 103 | -87.88 | 69.00 | 183 | 27.00 | 134 | 121 | 72.00 | 89.00 | -3.31 | 3.00 | 6.00 | 8.00 | 1.00 | 19.00 | 21.00 | 61.00 |
Cashflow From Investing | -1190.8% | -744 | -57.70 | 4,730 | -126 | -846 | -218 | -167 | -1,802 | -7.68 | 93.00 | 10,292 | 12.00 | 1* | 843* | -267* | -5.25 | - | - | 611* | -7.58 | -4.12 |
Cashflow From Financing | - | 1,000 | - | - | 264 | 1,995 | -78.16 | -19.32 | 1,543 | -17.31 | -1,364 | -5.15 | -5.05 | -7.06 | 57.00 | - | - | - | - | - | - | - |
Buy Backs | - | - | - | - | - | 66.00 | - | - | 235 | 17.00 | 1,333 | - | - | - | - | - | - | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) | 12 Months Ended | |
---|---|---|
May 31, 2022 | May 31, 2021 | |
Income Statement [Abstract] | ||
Net sales | $ 9,893,210 | $ 5,600,459 |
Cost of revenue | 4,824,639 | 3,535,778 |
Gross profit | 5,068,571 | 2,064,681 |
Operating expenses: | ||
General, administrative and sales | 15,644,001 | 11,398,113 |
Impairment of intangible assets | 0 | 903,422 |
Transaction costs | 125,167 | |
Research & development | 40,456 | 69,601 |
Total operating expenses | 15,684,457 | 12,496,303 |
Operating loss | (10,615,886) | (10,431,622) |
Gain on sale of property and equipment | 4,598,095 | 24,208 |
Bargain purchase gain | 1,138,808 | |
Forgiveness of PPP loans | 2,059,556 | 0 |
Interest Expense | (46,828) | (19,038) |
Other income, net | 315,376 | 248,815 |
Loss before income taxes for continuing operations | (3,689,687) | (9,038,829) |
Income tax provision (benefit) from continuing operations | 19,197 | (403,666) |
Net loss from continuing operations | (3,708,884) | (8,635,163) |
Income from discontinued operations, net of tax | 425,108 | 545,491 |
Net loss | $ (3,283,776) | $ (8,089,672) |
Net loss per common share from continuing operations: | ||
Basic | $ (0.97) | $ (2.29) |
Weighted average number of common shares, basic | 3,808,446 | 3,765,783 |
Diluted | $ (0.97) | $ (2.29) |
Weighted average number of common shares, diluted | 3,808,446 | 3,765,783 |
Net income per common share from discontinued operations: | ||
Basic | $ 0.11 | $ 0.15 |
Weighted average number of common shares, basic | 3,808,446 | 3,765,783 |
Diluted | $ 0.11 | $ 0.15 |
Weighted average number of common shares, diluted | 3,808,446 | 3,765,783 |
Net loss per common share: | ||
Basic | $ (0.86) | $ (2.15) |
Weighted average number of common shares, basic | 3,808,446 | 3,765,783 |
Diluted | $ (0.86) | $ (2.15) |
Weighted average number of common shares, diluted | 3,808,446 | 3,765,783 |
Consolidated Balance Sheets - USD ($) | May 31, 2022 | May 31, 2021 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 1,050,910 | $ 4,032,690 |
Accounts receivable, net | 751,551 | 728,867 |
Inventories, net | 1,443,529 | 1,251,422 |
Prepaid expenses | 94,648 | 198,345 |
Income tax receivable | 0 | 18,057 |
Current portion of assets held for sale as discontinued operations | 665,206 | 727,666 |
Total current assets | 4,005,844 | 6,957,047 |
Leasehold assets | 14,282,286 | 10,448,486 |
Property and equipment, net | 2,947,628 | 2,823,366 |
Property and equipment held for sale, net | 433,410 | 174,847 |
Non-current assets held for sale as discontinued operations | 482,279 | 298,507 |
Leasehold, utilities, and ERP deposits | 560,660 | 321,555 |
Other assets | ||
Intangible assets, net | 127,189 | 150,122 |
TOTAL ASSETS | 22,839,296 | 21,173,930 |
Current liabilities | ||
Accounts payable | 844,494 | 581,967 |
Accrued commissions | 66,083 | 60,614 |
Accrued payroll liabilities | 540,895 | 514,660 |
Accrued liabilities | 429,003 | 465,146 |
Customer deposits and prepayments | 116,309 | 93,364 |
Other accrued liabilities | 1,668,298 | 694,590 |
Current portion of long-term lease liabilities | 1,474,463 | 1,042,331 |
Current portion of long-term debt | 503,219 | 541,691 |
Liabilities held for sale as discontinued operations | 185,158 | 14,731 |
Total current liabilities | 5,827,922 | 4,009,094 |
Long-term debt | 2,496,781 | 3,253,389 |
Long-term leasehold liabilities | 13,909,388 | 10,141,864 |
Total liabilities | 22,234,091 | 17,404,347 |
Stockholders' equity | ||
Common stock, no par value, 20,000,000 shares authorized, 4,243,775 and 3,825,724 shares issued and outstanding at May 31, 2022, respectively; and 4,204,553 and 3,786,502 shares issued and outstanding at May 31, 2021, respectively | 12,342,757 | 12,223,359 |
Accumulated deficit | (11,737,552) | (8,453,776) |
Total stockholders' equity | 605,205 | 3,769,583 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 22,839,296 | $ 21,173,930 |