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SCHMITT INDUSTRIES INC

Delisted

CIK 922612fmd_088S781A56P8E19BW9X2N6C0GNManufacturing · Industrial Instruments For Measurement, Display, and ControlTemplate: Standard

Coverage: Jun 01, 2009 to May 31, 2022, 49 periods

Latest annual · FY2022

Millions
Total revenues
10
Gross profit
5
Operating income
(11)
Net income
(3)
Free cash flow
(9)

Latest quarter · Q4 FY2022

Millions
Total revenues
1
Gross profit
0
Operating income
(3)
Net income
(3)
Free cash flow
(2)
Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2019 to FY2022
+27.9%
Revenue, 5 yearsFY2017 to FY2022
-4.4%
Net income, 5 yearsFY2017 to FY2022
n/m

SCHMITT INDUSTRIES INC financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2022FY2021ChangeSource
Revenue$9.9 million$5.6 million+76.6%10-K 2022-10-13 · proof
Gross profit$5.1 million$2.1 million+145.5%10-K 2022-10-13 · proof
Operating income-$10.6 million-$10.4 million10-K 2022-10-13 · proof
Net income-$3.3 million-$8.1 million10-K 2022-10-13 · proof
Cash from operating activities-$8 million-$6.9 million10-K 2022-10-13 · proof
Free cash flow-$9 million-$8.3 million10-K 2022-10-13 · proof
Total assets$22.8 million$21.2 million+7.9%10-K 2022-10-13 · proof
Total liabilities$22.2 million$17.4 million+27.8%10-K 2022-10-13 · proof
Cash and cash equivalents$1.1 million$4 million-73.9%10-K 2022-10-13 · proof
Total debt$3 million$3.8 million-21%10-K 2022-10-13 · proof
What was SCHMITT INDUSTRIES INC's revenue in fiscal 2022?
SCHMITT INDUSTRIES INC reported revenue of $9.9 million for fiscal 2022 (the year ended May 31, 2022), against $5.6 million the year before (+76.6%). Source: the 10-K filed with the SEC on Oct 13, 2022. SEC
What was SCHMITT INDUSTRIES INC's gross profit in fiscal 2022?
SCHMITT INDUSTRIES INC reported gross profit of $5.1 million for fiscal 2022 (the year ended May 31, 2022), against $2.1 million the year before (+145.5%). Source: the 10-K filed with the SEC on Oct 13, 2022. SEC
What was SCHMITT INDUSTRIES INC's operating income in fiscal 2022?
SCHMITT INDUSTRIES INC reported operating income of -$10.6 million for fiscal 2022 (the year ended May 31, 2022), against -$10.4 million the year before. Source: the 10-K filed with the SEC on Oct 13, 2022. SEC
What was SCHMITT INDUSTRIES INC's net income in fiscal 2022?
SCHMITT INDUSTRIES INC reported net income of -$3.3 million for fiscal 2022 (the year ended May 31, 2022), against -$8.1 million the year before. Source: the 10-K filed with the SEC on Oct 13, 2022. SEC
What was SCHMITT INDUSTRIES INC's cash from operating activities in fiscal 2022?
SCHMITT INDUSTRIES INC reported cash from operating activities of -$8 million for fiscal 2022 (the year ended May 31, 2022), against -$6.9 million the year before. Source: the 10-K filed with the SEC on Oct 13, 2022. SEC
What was SCHMITT INDUSTRIES INC's free cash flow in fiscal 2022?
SCHMITT INDUSTRIES INC reported free cash flow of -$9 million for fiscal 2022 (the year ended May 31, 2022), against -$8.3 million the year before. Source: the 10-K filed with the SEC on Oct 13, 2022. SEC
What are SCHMITT INDUSTRIES INC's total assets?
As of May 31, 2022, SCHMITT INDUSTRIES INC reported total assets of $22.8 million, against $21.2 million a year earlier (+7.9%). Source: the 10-K filed with the SEC on Oct 13, 2022. SEC
What are SCHMITT INDUSTRIES INC's total liabilities?
As of May 31, 2022, SCHMITT INDUSTRIES INC reported total liabilities of $22.2 million, against $17.4 million a year earlier (+27.8%). Source: the 10-K filed with the SEC on Oct 13, 2022. SEC
What are SCHMITT INDUSTRIES INC's cash and cash equivalents?
As of May 31, 2022, SCHMITT INDUSTRIES INC reported cash and cash equivalents of $1.1 million, against $4 million a year earlier (-73.9%). Source: the 10-K filed with the SEC on Oct 13, 2022. SEC
What is SCHMITT INDUSTRIES INC's total debt?
As of May 31, 2022, SCHMITT INDUSTRIES INC reported total debt of $3 million, against $3.8 million a year earlier (-21%). Source: the 10-K filed with the SEC on Oct 13, 2022. SEC

Read from the FinancialMD API on Nov 14, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:922612&period_type=annual&limit=5"

Information only, not investment advice.