Schmitt industries inc (SMIT)
Income statement / Yearly
May'19May'18May'17May'16May'15May'14May'13May'12May'11May'10
Net revenue

13,810

13,888

12,397

11,685

-

-

-

-

-

-

Net sales

-

-

-

-

13,069

12,134

12,452

14,437

11,492

6,805

Cost of revenue

8,836

7,822

7,511

6,818

6,928

6,508

6,357

8,094

5,887

3,763

Gross profit

4,973

6,065

4,885

4,867

6,140

5,626

6,094

6,342

5,605

3,041

Operating expenses:
General, administration and sales

5,951

5,582

5,618

6,016

5,826

5,663

6,083

5,967

5,297

4,184

Research and development

129

327

256

287

378

475

573

317

504

584

Total operating expenses

6,080

5,909

5,874

6,303

6,205

6,138

6,657

6,285

5,801

4,768

Operating (loss)

-1,107

155

-988

-1,436

-64

-512

-562

57

-195

-1,726

Other income, net

-77

81

-56

-58

-19

-17

14

37

-8

31

(Loss) before income taxes

-1,184

236

-1,045

-1,495

-83

-530

-548

-

-

-

Income (loss) before income taxes

-

-

-

-

-

-

-

94

-203

-1,695

(Benefit) for income taxes

26

25

28

20

10

9

-8

17

1

15

Net income (loss)

-1,210

210

-1,073

-1,515

-93

-539

-539

77

-205

-1,711

Net (loss) per common share from continuing operations:
Weighted average number of common shares, basic

4,005

3,422

2,995

2,995

2,995

2,995

2,990

2,930

2,895

2,886

Weighted average number of common shares, diluted

4,005

3,460

2,995

2,995

2,995

2,995

2,990

2,944

2,895

2,886

Net income (loss) per common share:
Net income (loss) per common share, basic

-0.30

0.06

-0.36

-

-0.03

-0.18

-0.18

0.03

-0.07

-0.59

Net income (loss) per common share, diluted

-0.30

0.06

-0.36

-0.51

-0.03

-0.18

-0.18

0.03

-0.07

-0.59

Comprehensive income (loss)
Net income (loss)

-1,210

210

-1,073

-1,515

-93

-539

-539

77

-205

-1,711

Foreign currency translation adjustment

8

-108

-33

-27

-103

68

-18

-86

37

-

Total comprehensive income (loss)

-1,202

101

-1,106

-1,542

-197

-471

-558

-9

-167

-