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Financial Highlights |
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2005 |
2006 |
2007 |
| Revenues |
10,591,229 |
11,503,360 |
11,882,076 |
| Operating Income |
1,216,460 |
1,733,596 |
1,768,450 |
| Net Income After Taxes |
1,608,140 |
1,350,129 |
1,284,825 |
| Net Income Per Share, Diluted |
0.59 |
0.49 |
0.47 |
| Stockholders Equity |
7,978,821 |
9,814,431 |
11,364,532 |
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Schmitt Industries designs, manufactures and markets two distinct
types of precision measurement systems. Schmitt's automatic balancing
systems for rotating machinery are used by many of the world's leading
automotive, aerospace and bearing manufacturers. The second Schmitt
product line, non-contact measurement laser systems, are targeted
to high-tech manufacturers worldwide and ensure that silicon wafers
and computer hard disks meet exacting standards for surface microroughness.
The company's mission is to provide the best possible products
and quality for its customers, to provide challenging and rewarding
employee opportunities and to provide the greatest possible return
to shareholders.
The company currently employs 34 people in Coventry, England and at
its corporate headquarters in Portland, Oregon.
Company shares are traded on the NASDAQ Market under the symbol,
SMIT.
For detailed financial information on Schmitt Industries,
please download our 2007 Annual
Report. 
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All of the operations manuals are available in PDF document format. To view the
PDF file you will need an Acrobat
Reader. If you do not have an Acrobat Reader one can be downloaded for free
from Adobe. |
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