Smith-Midland Corporation (SMID)

Smith-Midland Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	76.37	59.58	50.13	50.64	43.86	46.69
Revenue Growth (YoY)	32.40%	18.85%	-1.01%	15.46%	-6.06%	16.09%
Cost of Revenue	57.62	48.93	40.66	36.22	32.82	36.72
Gross Profit	18.75	10.65	9.47	14.42	11.04	9.97
Selling, General & Admin	10.17	9.53	8.62	8.25	7.28	7.42
Operating Expenses	10.17	9.53	8.62	8.25	7.28	7.42
Operating Income	8.57	1.12	0.85	6.17	3.76	2.55
Interest Expense	-0.24	-0.26	-0.26	-0.19	-0.22	-0.18
Interest & Investment Income	0.04	0.02	0.01	0.04	0.04	0.04
Other Non Operating Income (Expenses)	0.07	0.09	0.23	0.07	0.08	0.05
EBT Excluding Unusual Items	8.45	0.98	0.84	6.09	3.66	2.45
Gain (Loss) on Sale of Assets	0.11	0.35	0.11	0.32	0.13	0.05
Other Unusual Items	-	-	-	2.69	-	-
Pretax Income	8.56	1.32	0.95	9.09	3.79	2.5
Income Tax Expense	2.05	0.53	0.15	1.52	1.13	0.55
Net Income	6.51	0.8	0.8	7.57	2.67	1.95
Net Income to Common	6.51	0.8	0.8	7.57	2.67	1.95
Net Income Growth	1043.76%	-0.63%	-89.43%	184.05%	36.74%	15.53%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
Shares Change (YoY)	0.43%	0.74%	0.40%	0.87%	0.78%	1.00%
EPS (Basic)	1.23	0.15	0.15	1.45	0.51	0.38
EPS (Diluted)	1.22	0.15	0.15	1.45	0.51	0.38
EPS Growth	1025.92%	-	-89.66%	184.31%	34.55%	14.86%
Free Cash Flow	3.65	2.72	-9.08	3.76	4.86	-0.58
Free Cash Flow Per Share	0.69	0.51	-1.73	0.72	0.94	-0.11
Gross Margin	24.55%	17.88%	18.89%	28.47%	25.17%	21.35%
Operating Margin	11.23%	1.88%	1.70%	12.18%	8.57%	5.45%
Profit Margin	8.52%	1.33%	1.60%	14.95%	6.08%	4.17%
Free Cash Flow Margin	4.78%	4.57%	-18.12%	7.42%	11.08%	-1.24%
EBITDA	11.17	3.52	3.74	8.84	6.17	4.34
EBITDA Margin	14.63%	5.90%	7.45%	17.45%	14.07%	9.29%
D&A For EBITDA	2.6	2.4	2.88	2.67	2.41	1.79
EBIT	8.57	1.12	0.85	6.17	3.76	2.55
EBIT Margin	11.23%	1.88%	1.70%	12.18%	8.57%	5.45%
Effective Tax Rate	23.96%	39.91%	15.34%	16.76%	29.72%	21.98%
Revenue as Reported	76.37	59.58	50.13	50.64	43.86	46.69
Advertising Expenses	-	0.49	0.42	0.46	0.38	0.39

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q