Smith-Midland Corporation
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.6M | $16.8M | $16.4M | $15.7M | $14.7M | $12.8M | $14.5M | $12.0M |
| Cost of Revenue | $14.5K | $12.8M | $13.3M | $12.1M | $12.9M | $10.7M | $12.0M | $9.9M |
| Gross Profit | $5.1K | $3.9M | $3.1M | $3.6M | $1.8M | $2.2M | $2.5M | $2.1M |
| Gross Margin | 0.0% | 23.3% | 19.1% | 22.9% | 12.2% | 16.9% | 17.3% | 17.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.7K | $1.5M | $1.6M | $1.2M | $1.9M | $1.4M | $1.8M | $1.2M |
| Operating Income | $2.7K | $1.5M | $543.0K | $1.5M | $-981.0K | $54.0K | $-73.0K | $4.0K |
| Operating Margin | 0.0% | 9.0% | 3.3% | 9.6% | -6.7% | 0.4% | -0.5% | 0.0% |
| Interest Expense | $59 | $60.0K | $63.0K | $64.0K | $64.0K | $64.0K | $72.0K | $69.0K |
| Pretax Income | $2.6K | $1.5M | $599.0K | $1.5M | $-892.0K | $103.0K | $-106.0K | $-7.0K |
| Income Tax Expense | $632 | $357.0K | $368.0K | $247.0K | $-110.0K | $23.0K | $-110.0K | $-12.0K |
| Net Income | $2.0M | $1.1M | $231.0K | $1.3M | $-782.0K | $80.0K | $4.0K | $5.0K |
| Net Margin | 10.1% | 6.8% | 1.4% | 8.1% | -5.3% | 0.6% | 0.0% | 0.0% |
| EPS (Basic) | $0.37 | $0.22 | $0.04 | $0.24 | $-0.15 | $0.02 | $0.00 | $0.00 |
| EPS (Diluted) | $0.37 | $0.21 | — | — | $-0.15 | $0.02 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 5.3M | 5.3M | 5.3M | 5.3M | 5.3M | 5.3M | 5.2M | 5.2M |
| Shares Outstanding (Diluted) | 5.3M | 5.4M | 5.3M | 5.3M | 5.3M | 5.3M | 5.3M | 5.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |