Companies/Schmitt Industries, Inc.
Company profile

Schmitt Industries, Inc.

OTC: SMIT · Technology · Hardware, Equipment & Parts
#633 of 1,161 Technology companies by revenuetop-quartile growth
EA Score
Revenue TTM
$9.9M
Rev growth YoY (TTM)
+25.8%
Net income (FY)
-$3.3M
Employees
157
as of 2026-08-28
Market cap
$58.1k
as of 2026-08-28

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$9.9M$9.9M2022
Net income-$3.3M-$3.3M2022
Operating income-$10.6M-$10.6M2022
Total assets$22.8M$22.8M2022
Liabilities$22.2M$22.2M2022
Equity$605.2k$605.2k2022

Revenue trend

FY2015 – FY2022 · USD
FY15
FY16
FY17
FY18
FY19
FY20
FY21
FY22

Revenue by segment

Filed disclosures · FY2022
By product
Ice Cream84%
Measurement16%
By geography

Not disclosed.

The read

What is Schmitt Industries, Inc.’s revenue?

Schmitt Industries, Inc. booked $9.9M in FY2022 revenue, growing 77% year over yearfaster than most Technology companies we track, at a -33.2% net margin.

Key facts
CEOMichael R. Zapata
SectorTechnology
IndustryHardware, Equipment & Parts
HeadquartersPortland, OR
ExchangeOTC: SMIT
Employees157
IPO date1995-01-30
Latest filings

No filings loaded — no CIK (non-SEC filer).

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.