Schmitt Industries Past Earnings Performance
Past criteria checks 0/6
Schmitt Industries's earnings have been declining at an average annual rate of -50.1%, while the Electronic industry saw earnings growing at 3.1% annually. Revenues have been declining at an average rate of 11.3% per year.
Key information
-50.1%
Earnings growth rate
-48.4%
EPS growth rate
| Electronic Industry Growth | 1.0% |
| Revenue growth rate | -11.3% |
| Return on equity | -612.8% |
| Net Margin | -37.5% |
| Last Earnings Update | 31 May 2022 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Schmitt Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 May 22 | 10 | -4 | 16 | 0 |
| 28 Feb 22 | 11 | -4 | 15 | 0 |
| 30 Nov 21 | 11 | -5 | 16 | 0 |
| 31 Aug 21 | 10 | -10 | 15 | 0 |
| 31 May 21 | 6 | -9 | 11 | 0 |
| 28 Feb 21 | 6 | -5 | 10 | 0 |
| 30 Nov 20 | 6 | -3 | 8 | 0 |
| 31 Aug 20 | 5 | -1 | 5 | 0 |
| 31 May 20 | 4 | -2 | 4 | 0 |
| 29 Feb 20 | 4 | -2 | 4 | 0 |
| 30 Nov 19 | 4 | -2 | 3 | 0 |
| 31 Aug 19 | 5 | -1 | 3 | 0 |
| 31 May 19 | 5 | -1 | 3 | 0 |
| 28 Feb 19 | 7 | -1 | 4 | 0 |
| 30 Nov 18 | 9 | 0 | 4 | 0 |
| 31 Aug 18 | 12 | 0 | 5 | 0 |
| 31 May 18 | 14 | 0 | 6 | 0 |
| 28 Feb 18 | 14 | 0 | 6 | 0 |
| 30 Nov 17 | 14 | -1 | 6 | 0 |
| 31 Aug 17 | 13 | -1 | 6 | 0 |
| 31 May 17 | 12 | -1 | 6 | 0 |
| 28 Feb 17 | 12 | -1 | 5 | 0 |
| 30 Nov 16 | 11 | -1 | 6 | 0 |
| 31 Aug 16 | 11 | -1 | 6 | 0 |
| 31 May 16 | 12 | -2 | 6 | 0 |
Quality Earnings: SI1A is currently unprofitable.
Growing Profit Margin: SI1A is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SI1A is unprofitable, and losses have increased over the past 5 years at a rate of 50.1% per year.
Accelerating Growth: Unable to compare SI1A's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SI1A is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (8.4%).
Return on Equity
High ROE: SI1A has a negative Return on Equity (-612.83%), as it is currently unprofitable.