SMITH MIDLAND CORPSMID
Market cap
$178.71M
P/E ratio
| Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Product sales | - | - | - | - | - | - | - | - | - | - | - | - | 46 |
| Barrier rentals | - | - | - | - | - | - | - | - | - | - | - | - | 12 |
| Royalty income | - | - | - | - | - | - | - | - | - | - | - | - | 3 |
| Shipping and installation revenue | - | - | - | - | - | - | - | - | - | - | - | - | 18 |
| Total revenue | 25 | 28 | 22 | 29 | 40 | 42 | 40 | 47 | 44 | 51 | 50 | 60 | 79 |
| Cost of sales | 19 | 21 | 19 | 22 | 30 | 30 | 30 | 37 | 33 | 36 | 41 | 49 | 58 |
| Gross profit | 5 | 7 | 4 | 7 | 10 | 12 | 10 | 10 | 11 | 14 | 9 | 11 | 20 |
| General and administrative expenses | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 | 5 | 5 | 6 | 6 | 7 |
| Selling expenses | - | - | - | - | - | - | - | - | - | - | - | - | 4 |
| Total operating expenses | 5 | 5 | 5 | 6 | 6 | 8 | 8 | 7 | 7 | 8 | 9 | 10 | 10 |
| Operating income | 687,762 | 1 | -1,194,936 | 2 | 4 | 4 | 2 | 3 | 4 | 6 | 1 | 1 | 10 |
| Interest expense | 134,828 | 132,026 | 116,229 | 103,086 | 162,529 | 184,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest income | 5,757 | 3,538 | 8,327 | 35,720 | 36,684 | 37,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gain on sale of assets | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
| Other income, net | -1,002 | 57,362 | 157,540 | 74,410 | 54,459 | 122,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total other income (expense), net | - | - | - | - | -39,246 | 26,000 | 0 | -0 | 0 | 3 | 0 | 0 | -0 |
| Income before income tax expense | - | - | - | - | - | - | - | - | - | - | 1 | 1 | 10 |
| Income tax expense | 182,000 | 391,000 | -498,000 | 557,000 | 1 | 1 | 1 | 1 | 1 | 2 | 0 | 1 | 2 |
| Net income | 376,691 | 691,502 | -804,838 | 1 | 3 | 3 | 2 | 2 | 3 | 8 | 1 | 1 | 8 |
| Basic and diluted earnings per share | 0.08 | 0.14 | -0.16 | 0.21 | 0.57 | 0.53 | 0.33 | - | - | 1.45 | 0.15 | 0.15 | 1.45 |