Smith-Midland Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $41.7M | $40.1M | $29.2M | $22.5M | $27.7M | $24.9M | $26.7M |
| Cost of Revenue | $30.3M | $29.7M | $22.1M | $18.6M | $21.1M | $19.4M | $22.1M |
| Gross Profit | $11.5M | $10.3M | $7.1M | $3.8M | $6.6M | $5.4M | $4.6M |
| Gross Margin | 27.5% | 25.8% | 24.3% | 17.1% | 23.7% | 21.9% | 17.2% |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $5.3M | $3.9M | $3.4M | $3.0M | $3.1M | $2.7M | $2.9M |
| Operating Income | $3.7M | $4.3M | $1.6M | $-1.2M | $1.3M | $687.8K | $-364.8K |
| Operating Margin | 8.9% | 10.8% | 5.4% | -5.3% | 4.6% | 2.8% | -1.4% |
| Interest Expense | $184.0K | $162.0K | $103.1K | $116.2K | $132.0K | $134.8K | $136.1K |
| Pretax Income | $3.7M | $4.3M | $1.6M | $-1.3M | $1.1M | $558.7K | $-487.7K |
| Income Tax Expense | $1.1M | $1.5M | $557.0K | $-498.0K | $391.0K | $182.0K | $-136.0K |
| Net Income | $2.7M | $2.8M | $1.0M | $-804.8K | $691.5K | $376.7K | $-351.7K |
| Net Margin | 6.4% | 7.1% | 3.6% | -3.6% | 2.5% | 1.5% | -1.3% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 5.08B | 4.97B | 4.93B | 4.92B | 4.88B | 4.86B | 4.83B |
| Shares Outstanding (Diluted) | 5.12B | 5.11B | 4.99B | 4.92B | 4.92B | 4.91B | 4.83B |
| Dividends Per Share | — | — | — | — | — | — | — |