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Schmitt Industries, Inc. Stock Price

OTCPK:SMIT Community·US$58.7k Market Cap
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SMIT Share Price Performance

US$0.015
-0.00 (-8.82%)
US$0.015
-0.00 (-8.82%)
Price US$0.015

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Snowflake Analysis

Slight risk with weak fundamentals.

4 Risks
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Schmitt Industries, Inc. Key Details

US$9.9m

Revenue

US$4.8m

Cost of Revenue

US$5.1m

Gross Profit

US$8.8m

Other Expenses

-US$3.7m

Earnings

Last Reported Earnings
May 31, 2022
Next Reporting Earnings
n/a
0
0%
0%
0%
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About SMIT

Founded
1984
Employees
n/a
CEO
Michael Zapata
WebsiteView website
www.schmittindustries.com

Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells laser and confocal chromatic white light sensors for distance measurement and dimensional sizing products under the Acuity brand name for various industrial applications, including manufacturing, lumber production, steel casting, glass and paper production, medical imaging, crane control and micron-level part, and surface inspection. It also offers AR2700 high speed long range sensor for application in bridge crane monitoring, trolley positioning, and altitude measurements; 8-inch touch panel display, a full suite of connection ports; and satellite focused remote tank monitoring products under the Xact brand that measure the fill levels of tanks holding propane, diesel, and other tank-based liquids, as well as related monitoring services, including transmission of fill data from the tanks via satellite to a secure website for display. The Ice Cream segment manufactures, wholesales, and retails ice creams, ice cream cakes, and related products, as well as sells through its website; and serves ice cream at catering events and holds various community-building events comprising ice cream classes, and live comedy and music performances through Ample Hills Creamery brand. Schmitt Industries, Inc. was incorporated in 1984 and is headquartered in Portland, Oregon.

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