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

Income Statement · Annual · Millions · USD
Line item	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022
Total revenues	12	12	13	12	12	14	5	4	6	10
Cost of revenue	6	7	7	7	8	8	3	2	4	5
Gross profit	6	6	6	5	5	6	2	2	2	5
Research and development	1	0	0	0	0	0	0	0	0	0
Selling, general and administrative	6	6	6	6	6	6	3	4	11	16
Total operating expenses	7	6	6	6	6	6	3	4	12	16
Operating income	(1)	(1)	(0)	(1)	(1)	0	(1)	(2)	(10)	(11)
Interest expense	–	–	–	–	–	–	–	0	0	0
Other non-operating income (expense)	0	(0)	(0)	(0)	(0)	0	0	0	–	–
Income before taxes	(1)	(1)	(0)	(1)	(1)	0	(1)	(2)	(9)	(4)
Income tax expense	(0)	0	0	0	0	0	0	(0)	(0)	0
Net income from continuing operations	(1)	(1)	(0)	(2)	(1)	0	(1)	(2)	(9)	(4)
Net income	(1)	(1)	(0)	(2)	(1)	0	(1)	4	(8)	(3)
Net income to common shareholders	(1)	(1)	(0)	(2)	(1)	0	(1)	(2)	(9)	(4)