Schmitt Industries logo

Schmitt Industries(OTC) SMIT

Market Cap$107.30KMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1995)-100%
5 Year-99%
1 Year+85%
1 Month+85%
$0.03
+84.67%
+0.01Today
Schmitt Industries last closing stock price
MetricPriceDate
Last closeUSD 0.032026-10-07
Schmitt Industries stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+84.67%USD 0.022026-09-30
1 month+84.67%USD 0.022026-08-25
3 month+0%USD 0.032026-06-16
Year to date+56.5%USD 0.022025-12-31
1 year+84.67%USD 0.022025-09-29
3 year-12.34%USD 0.032023-10-06
5 year-99.29%USD 3.912021-10-08
Since inception-99.66%USD 8.251995-01-30

Schmitt Industries Financials at a Glance

Market Cap

$107.30KMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$9.89M

Net Income (TTM)

-$3.28M

EPS (TTM)

$0.00

P/E Ratio

0.00

Dividend

$0.00

Beta (Volatility)

-0.18 (Low)

Price

$0.03

Volume

12

Open

$0.03

Previous Close

$0.03

Daily Range

$0.03 - $0.03

52-Week Range

$0.02 - $0.04

Estimated Earnings Date

N/A

SMIT News

No articles available.

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About Schmitt Industries

Schmitt Industries, Inc. is a technology company that designs, manufactures, and sells test and measurement products globally. The company operates through two segments: Measurement and Ice Cream, focusing on innovative solutions in both fields.

Products and Services
  • Measurement products under the Acuity and Xact brands
  • Investment in creamery manufacturing through Ample Hills Creamery
  • Consumer retailing of ice cream products
Growth Outlook
  • Recent quarterly revenue peaked at $3.76 million, indicating strong market demand
  • Gross profit margin improved to 64% in Q1 2022, showcasing operational efficiency
  • Investment in innovative product lines aims to capture new market segments
Financial Highlights
  • Trailing twelve months (TTM) revenue of $13.2 million reflects a solid performance
  • Net income for the latest quarter was -$3.5 million, highlighting ongoing challenges
  • Current ratio of 0.69 suggests potential liquidity concerns
Schmitt Industries, Inc. has established itself as a player in the hardware and equipment industry, with a diverse product portfolio that includes both measurement tools and ice cream products. The company’s recent financial performance indicates a mixed outlook, with significant revenue generation but also notable net losses. The improvement in gross profit margins suggests that operational efficiencies are being realized, which may bode well for future profitability. However, the current ratio indicates potential liquidity issues that could impact short-term operations. Overall, Schmitt Industries presents a unique investment opportunity with its dual focus on technology and consumer goods, appealing to investors interested in innovative companies with growth potential.
AI Generated • Sep 18, 2026

Industry

Electronic Equipment, Instruments and Components

Employees

157

CEO

Michael R. Zapata, MBA

Headquarters

Portland, OR 97210, US

SMIT Financials

Key Financial Metrics (TTM)

Gross Margin

51.23%

Operating Margin

-107.30%

Net Income Margin

-33.19%

Return on Equity

-150.12%

Return on Capital

-55.91%

Return on Assets

-14.38%

Earnings Yield

N/A

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$107.30KMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

3.87M

Volume

12

Avg. Volume

149.477

Financials (TTM)

Gross Profit

$5.07M

Operating Income

-$10.62M

EBITDA

-$3.93M

Operating Cash Flow

-$8.05M

Capital Expenditure

-$996.91K

Free Cash Flow

-$9.04M

Cash & ST Invst.

$1.05M

Total Debt

$18.38M

Schmitt Industries Performance Analysis

Schmitt Industries annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-05-31USD 9,893,210N/A
Schmitt Industries sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12021-08-3141.4%
Q22021-11-30-21.2%
Q32022-02-28-37.6%
Q42022-05-31-28.4%
Schmitt Industries annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-05-31USD -0.86N/A
Schmitt Industries sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12021-08-3169.6%
Q22021-11-30303.6%
Q32022-02-28-142.1%
Q42022-05-31-279.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Currently no data to display.

Quarterly Performance

Name
Q4 2022YOY CHG

Revenue

$1.32M

-50.2%

Gross Profit

$117.44K

-86.5%

Gross Margin

8.88%

N/A

Market Cap

$107.30KMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$683.44

N/A

Employees

157

N/A

Net Income

-$3.53M

-2.3%

EBITDA

-$3.91M

-87.5%

Quarterly Fundamentals

Name
Q4 2022YOY CHG

Total Cash

$1.05M

-73.9%

Total Debt

$18.38M

+280.0%

Accounts Receivable

$751.55K

+0.6%

Inventory

$1.44M

-7.1%

Long Term Debt

$16.41M

+22.5%

Short Term Debt

$1.98M

+24.9%

Return on Assets

-14.38%

N/A

Return on Invested Capital

-62.40%

N/A

Free Cash Flow

-$1.95M

+10.5%

Operating Cash Flow

-$1.14M

+11.1%

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Questions About SMIT

What is the current price of Schmitt Industries?

Schmitt Industries is trading at $0.03 per share.

What is the 52-week range for Schmitt Industries?

Over the past 52 weeks, Schmitt Industries has traded between $0.02 and $0.04.

How much debt does Schmitt Industries have?

As of the most recent reporting period, Schmitt Industries reported total debt of $18.38M.

How much cash does Schmitt Industries have on hand?

Schmitt Industries reported $1.05M in cash and cash equivalents in its most recent financial results.

What is Schmitt Industries’s dividend yield?

Schmitt Industries does not currently have a dividend yield.

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