Schmitt industries inc (SMIT)
Income statement / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10
Net revenue

1,094

1,033

3,341

8,091

1,120

1,157

3,440

3,794

3,238

3,770

3,083

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

3,199

2,655

2,892

-

2,528

3,073

3,104

3,857

3,010

3,151

3,049

3,025

3,066

3,143

2,899

3,272

2,796

2,702

3,680

4,332

3,156

3,476

3,471

3,253

2,920

2,914

2,404

Cost of revenue

491

643

1,781

5,355

705

675

2,100

2,177

1,916

2,044

1,684

2,387

1,984

1,623

1,516

1,893

1,465

1,797

1,661

2,085

1,660

1,597

1,585

1,656

1,608

1,675

1,568

1,951

1,438

1,160

1,806

2,704

1,616

2,009

1,763

1,485

1,611

1,485

1,304

Gross profit

603

389

1,560

2,736

415

482

1,339

1,617

1,322

1,725

1,399

1,263

1,214

1,032

1,375

1,085

1,063

1,276

1,442

1,772

1,350

1,554

1,463

1,369

1,457

1,467

1,331

1,321

1,357

1,542

1,873

1,628

1,539

1,466

1,707

1,768

1,308

1,428

1,099

Operating expenses:
General, administration and sales

1,011

993

1,279

2,919

826

800

1,405

1,303

1,286

1,524

1,468

1,617

1,263

1,324

1,412

1,490

1,405

1,581

1,537

1,583

1,405

1,500

1,338

1,416

1,387

1,507

1,351

1,560

1,366

1,523

1,632

1,485

1,448

1,520

1,512

1,619

1,294

1,276

1,107

Research and development

23

5

12

50

5

24

48

74

75

100

76

67

49

60

78

60

68

72

86

85

95

124

72

84

151

112

126

162

164

131

115

120

91

44

61

83

198

113

108

Total operating expenses

1,035

998

1,291

2,970

831

825

1,453

1,377

1,362

1,625

1,544

1,684

1,313

1,384

1,491

1,551

1,473

1,654

1,624

1,668

1,500

1,624

1,410

1,501

1,539

1,619

1,478

1,722

1,531

1,655

1,748

1,606

1,540

1,564

1,573

1,703

1,492

1,389

1,216

Operating (loss)

-431

-608

269

-234

-416

-343

-113

239

-39

100

-145

-421

-98

-352

-115

-466

-410

-377

-182

103

-150

-70

53

-132

-81

-151

-147

-401

-173

-113

125

22

-0

-98

134

65

-184

39

-116

Other income, net

187

5

-83

14

-5

6

-91

-7

61

9

17

-5

-25

-23

-1

0

-34

-19

-5

-7

-15

3

1

-23

11

-9

3

8

-2

7

0

4

6

16

9

-4

-3

5

-5

(Loss) before income taxes

-244

-603

185

-219

-421

-337

-205

232

21

109

-127

-427

-124

-376

-117

-465

-444

-396

-188

95

-166

-67

54

-

-70

-160

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-143

-

-176

-105

126

26

6

-81

143

61

-187

44

-121

(Benefit) for income taxes

-4

-4

15

15

2

2

6

6

6

6

6

6

6

6

8

-0

6

6

6

3

2

2

2

2

1

2

2

-29

15

-0

6

20

-6

-3

6

3

3

3

-9

Net loss from continuing operations

-240

-599

-

-

-423

-339

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, including gain on sale, net of tax

109

5,117

-

-

-51

84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-131

4,517

169

-268

-475

-255

-211

225

15

103

-134

-433

-131

-382

-125

-465

-450

-403

-195

92

-168

-69

51

-157

-72

-163

-146

-364

-191

-104

120

5

12

-78

137

58

-191

40

-112

Net (loss) per common share from continuing operations:
Net loss per common share, basic

-0.06

-0.15

-

-

-0.11

-0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of common shares, basic

3,858

4,083

4,032

4,033

4,000

3,994

3,994

3,993

3,706

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,995

3,010

2,990

2,990

2,990

2,990

2,990

2,990

2,990

2,989

2,939

2,896

2,895

2,895

2,894

2,894

2,894

Net loss per common share, diluted

-0.06

-0.15

-

-

-0.11

-0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of common shares, diluted

3,858

4,083

4,059

4,033

4,000

3,994

3,994

4,051

3,769

3,024

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,995

2,992

2,995

2,995

2,999

3,010

2,990

2,990

2,990

2,976

2,990

2,990

3,005

2,947

2,964

2,896

2,967

2,842

2,894

2,948

2,894

Net income per common share from discontinued operations:
Net income per common share, basic

0.03

1.25

-

-

-0.01

0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of common shares, basic

3,858

4,083

-

-

4,000

3,994

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income per common share, diluted

0.03

1.25

-

-

-0.01

0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of common shares, diluted

3,858

4,083

-

-

4,000

3,994

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-0.03

1.11

0.04

-0.07

-0.12

-0.06

-0.05

0.07

0.00

0.03

-0.04

-0.15

-0.04

-0.13

-0.04

-

-0.15

-0.13

-0.07

0.03

-0.06

-0.02

0.02

-0.06

-0.02

-0.05

-0.05

-0.13

-0.06

-0.03

0.04

0.01

0.00

-0.03

0.05

0.03

-0.07

0.01

-0.04

Weighted average number of common shares, basic

3,858

4,083

-

-

4,000

3,994

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) per common share, diluted

-0.03

1.11

0.04

-0.07

-0.12

-0.06

-0.05

0.07

0.00

0.03

-0.04

-0.15

-0.04

-0.13

-0.04

-0.16

-0.15

-0.13

-0.07

0.03

-0.06

-0.02

0.02

-0.06

-0.02

-0.05

-0.05

-0.13

-0.06

-0.03

0.04

0.01

0.00

-0.03

0.05

0.03

-0.07

0.01

-0.04

Weighted average number of common shares, diluted

3,858

4,083

-

-

4,000

3,994

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income (loss)
Net income (loss)

-131

4,517

169

-268

-475

-255

-211

225

15

103

-134

-433

-131

-382

-125

-465

-450

-403

-195

92

-168

-69

51

-157

-72

-163

-146

-364

-191

-104

120

5

12

-78

137

58

-191

40

-112

Foreign currency translation adjustment

0

527

60

-18

-47

-5

79

-57

-51

15

-14

51

-20

-19

-44

20

-39

-15

6

11

-36

-50

-28

6

9

49

3

-3

-24

-1

11

-

-

-

-

-

-

-

-

Total comprehensive income (loss)

-131

5,045

230

-286

-522

-261

-132

168

-36

118

-148

-382

-151

-401

-170

-444

-490

-419

-188

104

-204

-120

23

-151

-62

-113

-142

-367

-215

-106

131

-

-

-

-

-

-

-

-