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Schmitt Industries SMIT · USD

Information Technology · US listing · 🇺🇸 United States

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0.03

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Close of 30 Oct 2026, in USD

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About Schmitt Industries

Its shares trade under the ticker SMIT. It has been listed since 27 October 1993. In the fiscal year to 31 May 2022, it reported revenue of $9.9m and a net loss of $3.3m. At that date it held total assets of $22.8m and shareholders' equity of $605,205.

Schmitt Industries, Inc. designs, manufactures and markets measurement and process control systems. The company is headquartered in Portland, Oregon. The firm designs and assembles laser-based test and measurement systems (Measurement). The firm through its subsidiary, Schmitt Measurement Systems, Inc., designs, manufactures and sells laser and white light sensors, laser-based micro roughness measurement products, laser-based surface analysis and measurement products, and ultrasonic measurement products. The firm provides sales and service for Europe and Asia through its subsidiary, Schmitt Europe Limited. The firm offers surface roughness measurement products, which use a technology using laser light scatterometry to perform surface measurement tests that quantify surface micro-roughness. The firm's Complete Angle Scatter Instrument (CASI) Scatterometers are sold to companies and institutions involved in scientific research and development.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Listed since
27 Oct 1993
Employees
54

Leadership

Pay as last reported

  • Mr. Michael ZapataExecutive Chairman of the Board, President, Chief Executive Officer, since 2018$280,008
  • Mr. Charles DavidsonIndependent Director$24,750
  • Ms. Kristi FrankIndependent Director
  • Mr. Alexandre ZyngierIndependent Director$28,256

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Schmitt Industries Inc has a strong reputation in the industry, built on their long-standing presence and track record of delivering high-quality products and solutions.
  • The company possesses advanced technological capabilities, allowing them to stay ahead of competitors and provide innovative solutions to their customers.
  • Schmitt Industries has a diverse product portfolio, which helps them cater to the varying needs of different market segments and reduce dependence on specific products.

Weaknesses

  • The company may face challenges in terms of limited financial resources, which could hinder their ability to invest in research and development or expand into new markets.
  • Schmitt Industries Inc has a relatively small market share compared to some of its larger competitors, which can present challenges in terms of market penetration and brand recognition.
  • The company's geographical presence is mainly focused in certain regions, limiting their exposure to other potential markets.

Opportunities

  • Schmitt Industries can explore opportunities in emerging markets, where there is a growing demand for their products and services.
  • The increasing adoption of advanced technologies in various industries presents an opportunity for the company to offer new and improved solutions to their customers.
  • The strategic partnerships and collaborations with other industry players can help Schmitt Industries expand its reach and access new markets.

Threats

  • The competitive landscape in the industry is intense, with the presence of several established players and the constant emergence of new competitors.
  • Changes in regulations and compliance requirements can pose challenges for the company, leading to additional costs and potential disruptions in their operations.
  • Economic uncertainties and fluctuations can affect consumer spending and reduce demand for the company's products, impacting their revenue and profitability.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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