SMID
Income statement / Annual
Last year (2023), Smith-Midland Corporation's total revenue was $59.58 M,
an increase of 18.85% from the previous year.
In 2023, Smith-Midland Corporation's net income was $795,000.00.
See Smith-Midland Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$59.58 M
|
$50.13 M
|
$50.64 M
|
$43.86 M
|
$46.69 M
|
$40.22 M
|
$41.72 M
|
$40.05 M
|
$29.20 M
|
$22.47 M
|
| Cost of Revenue |
$48.93 M |
$40.66 M |
$36.22 M |
$32.82 M |
$36.72 M |
$29.73 M |
$30.14 M |
$29.70 M |
$22.09 M |
$18.63 M |
| Gross Profit |
$10.65 M |
$9.47 M |
$14.42 M |
$11.04 M |
$9.97 M |
$10.49 M |
$11.58 M |
$10.35 M |
$7.11 M |
$3.85 M |
| Gross Profit Ratio |
0.18 |
0.19 |
0.28 |
0.25 |
0.21 |
0.26 |
0.28 |
0.26 |
0.24 |
0.17 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$5.99 M
|
$5.55 M
|
$5.42 M
|
$4.99 M
|
$4.89 M
|
$5.68 M
|
$5.37 M
|
$3.89 M
|
$3.37 M
|
$2.98 M
|
| Selling & Marketing
Expenses |
$3.54 M
|
$3.06 M
|
$2.84 M
|
$2.29 M
|
$2.54 M
|
$2.60 M
|
$2.50 M
|
$2.12 M
|
$2.17 M
|
$2.22 M
|
| Selling, General &
Administrative Expenses |
$9.53 M
|
$8.62 M
|
$8.25 M
|
$7.28 M
|
$7.42 M
|
$8.27 M
|
$7.87 M
|
$6.01 M
|
$5.53 M
|
$5.20 M
|
| Other Expenses |
$0.00 |
$228,000.00 |
$72,000.00 |
$82,000.00 |
$55,000.00 |
$51,000.00 |
$122,000.00 |
$54,459.00 |
$74,410.00 |
$157,540.00 |
| Operating Expenses |
$9.53 M |
$8.62 M |
$8.25 M |
$7.28 M |
$7.42 M |
$8.27 M |
$7.87 M |
$6.01 M |
$5.53 M |
$5.20 M |
| Cost And Expenses |
$58.46 M |
$49.28 M |
$44.47 M |
$40.10 M |
$44.15 M |
$38.00 M |
$38.00 M |
$35.71 M |
$27.63 M |
$23.82 M |
| Interest Income |
$24,000.00 |
$14,000.00 |
$35,000.00 |
$35,000.00 |
$40,000.00 |
$42,000.00 |
$37,000.00 |
$36,684.00 |
$35,720.00 |
$8,327.00 |
| Interest Expense |
$255,000.00 |
$260,000.00 |
$190,000.00 |
$217,000.00 |
$179,000.00 |
$176,000.00 |
$184,000.00 |
$162,529.00 |
$103,086.00 |
$116,229.00 |
| Depreciation &
Amortization |
$2.38 M
|
$2.89 M
|
$2.67 M
|
$2.41 M
|
$1.79 M
|
$1.25 M
|
$926,000.00
|
$821,000.00
|
$667,900.00
|
$636,644.00
|
| EBITDA |
$3.96 M
|
$4.10 M
|
$8.84 M
|
$6.17 M
|
$4.34 M
|
$3.46 M
|
$4.64 M
|
$5.16 M
|
$2.24 M
|
-$549,961.00
|
| EBITDA Ratio |
0.07 |
0.08 |
0.18 |
0.14 |
0.09 |
0.09 |
0.11 |
0.13 |
0.08 |
-0.03 |
| Operating Income Ratio
|
0.02
|
0.02
|
0.12
|
0.09
|
0.05
|
0.06
|
0.09
|
0.11
|
0.06
|
-0.05
|
| Total Other
Income/Expenses Net |
$205,000.00
|
$91,000.00
|
$2.93 M
|
$33,000.00
|
-$48,000.00
|
$43,000.00
|
$26,000.00
|
-$39,000.00
|
$24,425.00
|
-$107,902.00
|
| Income Before Tax |
$1.32 M |
$945,000.00 |
$9.09 M |
$3.79 M |
$2.51 M |
$2.26 M |
$3.74 M |
$4.30 M |
$1.60 M |
-$1.30 M |
| Income Before Tax Ratio
|
0.02
|
0.02
|
0.18
|
0.09
|
0.05
|
0.06
|
0.09
|
0.11
|
0.05
|
-0.06
|
| Income Tax Expense |
$528,000.00 |
$145,000.00 |
$1.52 M |
$1.13 M |
$549,000.00 |
$572,000.00 |
$1.06 M |
$1.46 M |
$557,000.00 |
-$498,000.00 |
| Net Income |
$795,000.00 |
$800,000.00 |
$7.57 M |
$2.67 M |
$1.95 M |
$1.69 M |
$2.68 M |
$2.84 M |
$1.04 M |
-$804,838.00 |
| Net Income Ratio |
0.01 |
0.02 |
0.15 |
0.06 |
0.04 |
0.04 |
0.06 |
0.07 |
0.04 |
-0.04 |
| EPS |
0.15 |
0.15 |
1.45 |
0.51 |
0.38 |
0.33 |
0.53 |
0.57 |
0.21 |
-0.16 |
| EPS Diluted |
0.15 |
0.15 |
1.45 |
0.51 |
0.38 |
0.33 |
0.53 |
0.56 |
0.21 |
-0.16 |
| Weighted Average Shares
Out |
$5.26 M
|
$5.23 M
|
$5.21 M
|
$5.19 M
|
$5.14 M
|
$5.08 M
|
$5.04 M
|
$4.93 M
|
$4.90 M
|
$4.88 M
|
| Weighted Average Shares
Out Diluted |
$5.29 M
|
$5.25 M
|
$5.23 M
|
$5.19 M
|
$5.15 M
|
$5.10 M
|
$5.08 M
|
$5.07 M
|
$4.95 M
|
$4.88 M
|
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