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Schmitt Industries Inc (SMIT)

Schmitt Industries Inc (SMIT)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Schmitt Industries, Inc. designs, assembles and markets computer-controlled balancing equipment for use primarily by the machine toolindustry. Through its wholly owned subsidiary, Schmitt Measurement Systems,Inc., a Montana corporation, the company designs, manufactures andmarkets precision laser measurement systems.

Fiscal Year End Date: 05/31

(Values in U.S. Thousands) May, 2022 Feb, 2022 Nov, 2021 Aug, 2021 May, 2021
Sales 1,320 1,850 2,960 3,760 2,660
Sales Growth -28.65% -37.50% -21.28% +41.35% +59.28%
Net Income -3,530 -890 2,190 -1,050 -3,450
Net Income Growth -296.63% -140.64% +308.57% +69.57% -42.56%
(Values in U.S. Thousands) May, 2022 Feb, 2022 Nov, 2021 Aug, 2021 May, 2021
Total Assets 22,840 20,350 23,290 19,960 21,170
Total Assets Growth +12.24% -12.62% +16.68% -5.72% -5.62%
Total Liabilities 22,230 16,240 18,310 17,210 17,400
Total Liabilities Growth +36.88% -11.31% +6.39% -1.09% +13.65%
(Values in U.S. Thousands) May, 2022 Feb, 2022 Nov, 2021 Aug, 2021 May, 2021
Operating Cash Flow -8,050 -6,910 -4,340 -1,450 -6,940
Operating Cash Flow Growth -16.50% -59.22% -199.31% +79.11% -22.61%
Net Cash Flow -2,980 -2,030 540 -1,310 -6,530
Change in Net Cash Flow -46.80% -475.93% +141.22% +79.94% -2.03%
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