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    Schmitt Industries, Inc. (SMIT)

    -NasdaqCM
    2.18 Down 0.07(3.11%) Feb 12, 1:15PM EST
    Income StatementGet Income Statement for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingNov 30, 2015Aug 31, 2015May 31, 2015Feb 28, 2015
    Total Revenue 3,074   3,104   3,858   3,011  
    Cost of Revenue1,797  1,662  2,085  1,660  
    Gross Profit 1,276   1,442   1,773   1,350  
    Operating Expenses
    Research Development73  87  85  96  
    Selling General and Administrative1,582  1,538  1,583  1,405  
    Non Recurring -   -   -   -  
    Others -   -   -   -  
    Total Operating Expenses -   -   -   -  
    Operating Income or Loss (378) (182) 104   (151)
    Income from Continuing Operations
    Total Other Income/Expenses Net(19)(6) -  (16)
    Earnings Before Interest And Taxes(397)(188)96  (166)
    Interest Expense -   -   -   -  
    Income Before Tax(397)(188)96  (166)
    Income Tax Expense7  7  3  2  
    Minority Interest -   -   -   -  
    Net Income From Continuing Ops(404)(195)93  (168)
    Non-recurring Events
    Discontinued Operations -   -   -   -  
    Extraordinary Items -   -   -   -  
    Effect Of Accounting Changes -   -   -   -  
    Other Items -   -   -   -  
    Net Income (404) (195) 93   (168)
    Preferred Stock And Other Adjustments -   -   -   -  
    Net Income Applicable To Common Shares (404) (195) 93   (168)

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    Currency in USD.