What is SMG INDUSTRIES INC's earnings per share (EPS)?

SMG INDUSTRIES INC (SMGI) reported diluted earnings per share of -$0.32 for fiscal year 2022. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SMG INDUSTRIES INC (SMGI) Financials

SMGI

Trailing 12 months to September 30, 2023

Revenue $93.4M +31.4% YoY

Net Income -$8.3M +37.2% YoY

EPS (Diluted) -$0.32 FY2022 annual

Free Cash Flow -$144K +95.9% YoY

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2023, ended Sep 30, 2023 Reported Nov 14, 2023 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2023, filed Nov 14, 2023. Each column of the statement tables below links to the filing it was taken from.

SMG INDUSTRIES INC (SMGI) reported $93.4M in revenue over the twelve months to Sep 30, 2023, up 31.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SMGI FY2022 2026-08-30

Scale restored gross margin in FY2022, but interest burden and a liability-heavy balance sheet kept earnings and cash conversion negative.

Gross margin moved from -1.2% in FY2021 to 8.1% in FY2022, reversing the prior year's negative gross economics. EBITDA turned positive, but net income was -$11.6M as interest expense reached $9.4M; the operating improvement did not translate into bottom-line earnings.

Free cash flow narrowed from -$8.3M in FY2021 to -$1.0M in FY2022, marking a major improvement in cash conversion. Operating cash flow was still -$725K, so FY2022 reduced cash destruction rather than producing internally generated cash.

Liabilities of $48.7M exceeded assets of $22.2M in FY2022, leaving equity negative and making balance-sheet leverage more informative than headline revenue growth. The 0.5 current ratio indicates current assets did not cover current liabilities, while the reported liquidity measure was 2.1 months of latest annual operating outflow.

Financial Health Signals

Financial health score not available

SMG INDUSTRIES INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-1.09

SMG INDUSTRIES INC scores -1.09, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($348K) relative to total liabilities ($48.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

3/9

SMG INDUSTRIES INC passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

SMG INDUSTRIES INC reported a net loss of $11.6M while operations used $725K of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

SMG INDUSTRIES INC reported an operating loss of $3.0M against $9.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$33.3M

YoY+72.2%

QoQ+52.8%

SMG INDUSTRIES INC generated $33.3M in revenue in Q3 2023. This represents an increase of 72.2% from the same quarter a year earlier. Against the prior quarter it is up 52.8%.

EBITDA

-$35K

YoY-113.8%

QoQ-103.7%

SMG INDUSTRIES INC's EBITDA was -$35K in Q3 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 113.8% from the same quarter a year earlier. Against the prior quarter it is down 103.7%.

Net Income

-$1.2M

YoY+61.4%

QoQ+29.9%

SMG INDUSTRIES INC reported -$1.2M in net income in Q3 2023. This represents an increase of 61.4% from the same quarter a year earlier. Against the prior quarter it is up 29.9%.

EPS (Diluted)

-$0.01

SMG INDUSTRIES INC earned -$0.01 per diluted share (EPS) in Q3 2023.

Cash & Balance Sheet

Free Cash Flow

-$666K

YoY-209.2%

QoQ-1440.2%

SMG INDUSTRIES INC recorded an outflow of $666K in free cash flow in Q3 2023, representing a cash shortfall after capex. This represents a decrease of 209.2% from the same quarter a year earlier. Against the prior quarter it is down 1440.2%.

Cash & Debt

$3.7M

YoY+827.7%

QoQ+1648.4%

5Y CAGR+71.0%

10Y CAGR-9.9%

SMG INDUSTRIES INC held $3.7M in cash against $50.0M in long-term debt as of Q3 2023.

Shares Outstanding

268M

5Y CAGR+88.2%

10Y CAGR+40.7%

SMG INDUSTRIES INC had 268M shares outstanding in Q3 2023.

Dividends Per Share

Not reported for Q3 2023.

Margins & Returns

Gross Margin

6.9%

YoY+0.3pp

QoQ-6.6pp

SMG INDUSTRIES INC's gross margin was 6.9% in Q3 2023, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.6 percentage points.

Operating Margin

-8.7%

YoY-2.8pp

QoQ-9.6pp

SMG INDUSTRIES INC's operating margin was -8.7% in Q3 2023, reflecting core business profitability. This is down 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 9.6 percentage points.

Net Margin

-3.7%

YoY+12.8pp

QoQ+4.4pp

SMG INDUSTRIES INC's net profit margin was -3.7% in Q3 2023, showing the share of revenue converted to profit. This is up 12.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.

Return on Equity

-8.2%

SMG INDUSTRIES INC's ROE was -8.2% in Q3 2023, measuring profit generated per dollar of shareholder equity.

Capital Allocation

Capital Expenditures

$1.3M

YoY+10017.6%

QoQ+16308.8%

SMG INDUSTRIES INC invested $1.3M in capex in Q3 2023, funding long-term assets and infrastructure. This represents an increase of 10017.6% from the same quarter a year earlier. Against the prior quarter it is up 16308.8%.

R&D Spending

Not reported for Q3 2023.

Share Buybacks

Not reported for Q3 2023.

SMGI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SMGI quarterly income statement

Metric	TTM	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Revenue	$93.4M	$71.0M+36.3%	$52.1M+95.4%	$26.7M+5142.4%	$509K-88.5%	$4.4M+79.3%	$2.5M+53.8%	$1.6M	$0-100.0%	$21.1M+121.8%	$9.5M	$0	N/A	N/A
Cost of Revenue	$83.7M	$65.3M+23.8%	$52.7M+78.8%	$29.5M+2947.4%	$967K-65.1%	$2.8M+91.5%	$1.4M+53.9%	$940K	$0-100.0%	$15.3M+105.7%	$7.4M+174.8%	$2.7M	N/A	N/A
Gross Profit	$9.7M	$5.7M+1055.2%	-$601K+78.6%	-$2.8M-513.0%	-$459K-127.7%	$1.7M+62.1%	$1.0M+53.7%	$664K	$0-100.0%	$5.8M+179.3%	$2.1M+177.2%	-$2.7M	N/A	N/A
SG&A Expenses	$12.9M	$9.1M+8.4%	$8.4M+59.1%	$5.3M+208.4%	$1.7M-29.9%	$2.4M+104.9%	$1.2M+226.9%	$364K	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	-$2.8M	-$3.0M+66.3%	-$8.9M+16.1%	-$10.6M-279.9%	-$2.8M-232.7%	-$842K-44.6%	-$583K-365.3%	$220K+146.9%	-$468K-109.8%	$4.8M+460.8%	$851K+121.5%	-$3.9M	N/A	N/A
EBITDA	N/A	$2.3M+165.5%	-$3.5M+38.5%	-$5.7M-148.0%	-$2.3M-214.4%	-$737K-44.4%	-$511K-271.8%	$297K	N/A	$4.8M+460.4%	$851K+121.6%	-$3.9M	N/A	N/A
Interest Expense	$8.2M	$9.4M+23.8%	$7.6M+100.4%	$3.8M+563.3%	$573K+84.8%	$310K+99.4%	$155K+195.6%	$53K	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$90K+260.0%	$25K	$0	$0	N/A
Net Income	-$8.3M	-$11.6M-4.2%	-$11.1M+29.8%	-$15.9M-298.3%	-$4.0M-248.5%	-$1.1M-56.4%	-$731K-510.7%	$178K+138.6%	-$461K-109.7%	$4.8M+384.6%	$982K+125.3%	-$3.9M+18.6%	-$4.8M-8715.1%	-$54K
EPS (Basic)	N/A	-$0.32+34.7%	-$0.49+45.6%	-$0.90-210.3%	-$0.29-163.6%	-$0.11+47.6%	-$0.21-261.5%	$0.13+152.0%	-$0.25-142.4%	$0.59+436.4%	$0.11+125.0%	-$0.44	N/A	N/A
EPS (Diluted)	—	-$0.32	-$0.49+45.6%	-$0.90-210.3%	-$0.29-163.6%	-$0.11	-$0.21	$0.13+152.0%	-$0.25	$0.59	$0.11+125.0%	-$0.44	N/A	N/A
Diluted Shares (Avg)	N/A	36M	23M+30.5%	18M+29.2%	14M+33.4%	10M	3M	1M-23.7%	2M	8M	9M0.0%	9M	N/A	N/A

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Revenue	$33.3M+72.2%	$21.8M+20.5%	$20.9M+29.0%	$17.4M-0.4%	$19.3M+30.9%	$18.1M+47.6%	$16.2M+112.8%	$17.5M+118.8%
Cost of Revenue	$31.0M+71.6%	$18.9M+11.4%	$18.2M+23.9%	$15.6M-1.3%	$18.1M+18.2%	$16.9M+30.7%	$14.7M+69.2%	$15.8M+106.1%
Gross Profit	$2.3M+81.0%	$2.9M+156.5%	$2.6M+80.6%	$1.9M+8.7%	$1.3M+342.9%	$1.1M+260.3%	$1.5M+232.6%	$1.7M+402.5%
SG&A Expenses	$5.2M+115.1%	$2.7M+19.0%	$3.1M+24.3%	$1.9M-49.3%	$2.4M+65.3%	$2.3M+41.5%	$2.5M+62.9%	$3.8M+209.1%
Operating Income	-$2.9M-152.8%	$203K+117.7%	-$433K+57.0%	$286K+114.2%	-$1.1M+42.1%	-$1.1M+50.8%	-$1.0M+61.4%	-$2.0M+41.5%
EBITDA	-$35K-113.8%	$942K+276.0%	$354K+1.3%	$1.5M+309.7%	$255K+140.0%	$251K+124.8%	$349K+129.3%	-$697K+66.6%
Interest Expense	$1.3M-51.1%	$2.0M-9.5%	$2.9M+10.6%	$2.0M-33.1%	$2.6M+28.0%	$2.2M+64.8%	$2.6M+109.7%	$3.0M+141.5%
Net Income	-$1.2M+61.4%	-$1.8M+41.7%	-$3.5M+2.9%	-$1.8M+47.4%	-$3.2M+11.4%	-$3.0M-844.9%	-$3.6M+6.1%	-$3.3M+36.1%
EPS (Basic)	-$0.01+88.9%	-$0.04+50.0%	-$0.08+27.3%	-$0.04+66.7%	-$0.09+43.8%	-$0.08-300.0%	-$0.11+45.0%	-$0.12+55.6%
EPS (Diluted)	-$0.01	-$0.04	-$0.07	-$0.04	-$0.09	-$0.08	-$0.11	-$0.12+55.6%
Diluted Shares (Avg)	252M	49M	46M	N/A	37M	35M	34M	N/A

Not reported in any period shown, so not listed: R&D Expenses, Income Tax.

SMGI Balance Sheet

SMGI quarterly balance sheet

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Total Assets	$22.2M-24.1%	$29.2M+6.6%	$27.4M+326.4%	$6.4M+82.4%	$3.5M+312.3%	$855K+57.3%	$544K-45.8%	$1.0M-79.2%	$4.8M-72.3%	$17.4M-39.8%	$28.9M+14.3%	$25.3M+377.7%	$5.3M
Current Assets	$15.7M+4.9%	$15.0M+93.6%	$7.7M+354.6%	$1.7M+73.0%	$985K+33.8%	$737K+130.7%	$319K	N/A	N/A	$17.4M+181.3%	$6.2M+73.6%	$3.6M+410.8%	$697K
Cash & Equivalents	$127K-50.6%	$258K-2.3%	$264K+792.2%	$30K+1738.8%	$2K-98.1%	$86K+281.0%	$22K+5615.3%	$393-100.0%	$4.8M+129.5%	$2.1M-66.0%	$6.2M+74.0%	$3.5M+409.6%	$694K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	$130K-7.6%	$141K-1.0%	$142K+1197.5%	$11K	N/A	$0-100.0%	$14.3M	$0	N/A	N/A
Accounts Receivable	$12.2M+4.1%	$11.7M+137.8%	$4.9M+319.6%	$1.2M+66.6%	$704K+59.5%	$441K+54.4%	$286K	N/A	N/A	$0	$0	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	$0	$0-100.0%	$186K	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$48.7M+7.3%	$45.4M+18.7%	$38.2M+420.1%	$7.4M+102.9%	$3.6M+152.1%	$1.4M+59.5%	$902K+1131.9%	$73K-61.3%	$189K-85.7%	$1.3M+482.6%	$227K+16.0%	$196K-39.1%	$321K
Current Liabilities	$34.8M+37.6%	$25.3M+33.9%	$18.9M+227.6%	$5.8M+139.6%	$2.4M+104.1%	$1.2M+76.7%	$667K	N/A	N/A	$1.3M+482.6%	$227K+16.0%	$196K-39.1%	$321K
Non-Current Liabilities	$13.9M-30.9%	$20.1M+3.8%	$19.4M+1120.3%	$1.6M+30.3%	$1.2M+371.2%	$258K+10.3%	$234K	N/A	N/A	$0	$0	$0	$0
Long-Term Debt	$42.3M+10.8%	$38.2M+28.2%	$29.8M+869.1%	$3.1M+100.0%	$1.5M+75.1%	$877K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$26.5M-64.2%	-$16.2M-49.3%	-$10.8M-1074.0%	-$921K-840.7%	-$98K+83.2%	-$582K-62.8%	-$358K-138.4%	$930K-79.9%	$4.6M-71.2%	$16.1M-43.9%	$28.6M+14.2%	$25.1M+404.6%	$5.0M
Retained Earnings	-$44.6M-35.1%	-$33.0M-51.4%	-$21.8M-283.2%	-$5.7M-239.4%	-$1.7M-214.1%	-$534K-371.0%	$197K+103.2%	-$6.1M-8.1%	-$5.7M+45.6%	-$10.4M+8.6%	-$11.4M-51.5%	-$7.5M-1746.9%	-$408K

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Total Assets	$76.1M+209.2%	$20.6M-22.1%	$21.9M-31.7%	$22.2M-24.1%	$24.6M-21.4%	$26.4M-12.9%	$32.0M+17.6%	$29.2M+6.6%
Current Assets	$28.1M+68.3%	$15.7M-6.8%	$16.1M-11.5%	$15.7M+4.9%	$16.7M+9.7%	$16.8M+38.8%	$18.2M+104.6%	$15.0M+93.6%
Cash & Equivalents	$3.7M+827.7%	$210K-87.4%	$314K-86.7%	$127K-50.6%	$395K+75.7%	$1.7M+210676.9%	$2.4M+569.7%	$258K-2.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$787K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$17.0M+45.5%	$13.2M+12.7%	$12.6M-0.1%	$12.2M+4.1%	$11.7M+3.4%	$11.7M+26.4%	$12.6M+98.8%	$11.7M+137.8%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$2.3M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$61.1M+23.7%	$51.8M+6.2%	$51.4M0.0%	$48.7M+7.3%	$49.4M+7.6%	$48.8M+11.1%	$51.4M+23.1%	$45.4M+18.7%
Current Liabilities	$56.0M+84.5%	$39.5M+42.1%	$37.9M+34.8%	$34.8M+37.6%	$30.3M+4.9%	$27.8M+11.2%	$28.1M+22.8%	$25.3M+33.9%
Non-Current Liabilities	$5.1M-73.0%	$12.4M-41.2%	$13.5M-42.1%	$13.9M-30.9%	$19.1M+12.0%	$21.1M+11.0%	$23.3M+23.4%	$20.1M+3.8%
Long-Term Debt	$50.0M+17.2%	$42.7M-1.6%	$42.9M-4.3%	$42.3M+10.8%	$42.7M+16.8%	$43.4M+33.5%	$44.8M+38.2%	$38.2M+28.2%
Total Equity	$15.0M+160.6%	-$31.3M-39.7%	-$29.5M-52.3%	-$26.5M-64.2%	-$24.8M-69.7%	-$22.4M-65.1%	-$19.4M-33.5%	-$16.2M-49.3%
Retained Earnings	-$47.8M-11.5%	-$46.4M-17.0%	-$44.7M-21.9%	-$44.6M-35.1%	-$42.9M-44.5%	-$39.7M-52.3%	-$36.7M-42.6%	-$33.0M-51.4%

SMGI Cash Flow Statement

SMGI quarterly cash flow statement

Metric	TTM	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Operating Cash Flow	$1.4M	-$725K+91.1%	-$8.2M-105.8%	-$4.0M-1164.0%	-$314K+18.2%	-$384K+7.7%	-$417K-289.7%	$220K+137.3%	-$589K-103.1%	$18.9M+99.0%	$9.5M+296.7%	-$4.8M+77.4%	-$21.4M-518.3%	-$3.5M
Depreciation & Amortization	N/A	$5.3M-1.3%	$5.4M+10.1%	$4.9M+910.2%	$485K+360.9%	$105K+45.9%	$72K-6.8%	$77K	N/A	$0-100.0%	$597+79.8%	$332+300.0%	$83	$0
Stock-Based Compensation	N/A	$61K-9.5%	$67K+1.3%	$67K-73.0%	$246K+201.4%	$82K-61.4%	$211K	$0-100.0%	$5K+2.9%	$5K-11.9%	$6K-53.0%	$13K	N/A	N/A
Capital Expenditures	$1.6M	$301K+210.7%	$97K-76.0%	$404K+1338.1%	$28K-75.9%	$117K+204.8%	$38K+516.9%	$6K	N/A	N/A	N/A	$0-100.0%	$1K	$0
Free Cash Flow	-$144K	-$1.0M+87.6%	-$8.3M-89.0%	-$4.4M-1178.3%	-$342K+31.6%	-$501K-10.1%	-$455K-313.1%	$213K	N/A	N/A	N/A	-$4.8M+77.4%	-$21.4M-518.4%	-$3.5M
Investing Cash Flow	-$25.1M	$594K+550.0%	-$132K+98.1%	-$6.8M-1158.2%	-$543K-35.0%	-$403K-2256.5%	-$17K-228.5%	-$5K	N/A	N/A	N/A	$0+100.0%	-$1K	$0
Financing Cash Flow	$27.0M	$248K-97.1%	$8.4M-28.2%	$11.8M+1227.3%	$886K+26.0%	$703K+41.5%	$497K+358.2%	-$192K	N/A	N/A	-$13.6M-282.1%	$7.4M-69.3%	$24.2M+4346.0%	$545K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$3.1M	$0-100.0%	$12.9M	$0	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$16.2M	$0	N/A	N/A	N/A

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Operating Cash Flow	$654K+5.0%	$58K-94.0%	$878K+140.5%	-$145K+94.9%	$623K+154.3%	$964K+130.9%	-$2.2M-105.2%	-$2.9M-794.2%
Depreciation & Amortization	$2.9M+104.2%	$739K-47.1%	$787K-42.0%	$1.2M-10.6%	$1.4M+4.6%	$1.4M+5.9%	$1.4M-4.3%	$1.3M-9.8%
Stock-Based Compensation	N/A	N/A	$31K+95.8%	N/A	N/A	N/A	$16K-13.2%	N/A
Capital Expenditures	$1.3M+10017.6%	$8K-65.4%	$6K-83.3%	$254K	-$13K	$23K	$37K	$0-100.0%
Free Cash Flow	-$666K-209.2%	$50K-94.7%	$872K+139.6%	-$399K+86.0%	$610K+153.2%	$940K	-$2.2M	-$2.9M-419.8%
Investing Cash Flow	-$25.4M-194700.6%	-$8K-102.6%	-$5K+87.3%	$312K	$13K	$306K+415.4%	-$37K-5.8%	$0+100.0%
Financing Cash Flow	$28.2M+1739.5%	-$153K+92.2%	-$687K-115.7%	-$435K-114.4%	-$1.7M-225.5%	-$2.0M-168.9%	$4.4M+270.2%	$3.0M+216.1%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

SMGI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SMGI quarterly financial ratios

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Gross Margin	8.1%+9.2pp	-1.1%+9.4pp	-10.5%+79.6pp	-90.2%-127.6pp	37.4%-4.0pp	41.4%0.0pp	41.4%	N/A	27.6%+5.7pp	21.9%	N/A	N/A	N/A
Operating Margin	-4.2%+12.9pp	-17.1%+22.8pp	-39.9%	-551.1%	-19.1%+4.6pp	-23.6%-37.3pp	13.7%	N/A	22.6%+13.7pp	8.9%	N/A	N/A	N/A
Net Margin	-16.4%+5.0pp	-21.4%+38.1pp	-59.5%	-783.3%	-25.9%+3.8pp	-29.6%-40.8pp	11.1%	N/A	22.6%+12.2pp	10.3%	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-49.5%-152.3pp	102.7%+96.6pp	6.1%+19.7pp	-13.6%+5.5pp	-19.0%-18.0pp	-1.1%
Return on Assets	-52.3%-14.2pp	-38.1%+19.7pp	-57.9%+4.1pp	-62.0%-29.5pp	-32.4%+53.0pp	-85.5%-118.2pp	32.7%+78.7pp	-45.9%-144.6pp	98.7%+93.0pp	5.7%+19.1pp	-13.5%+5.4pp	-18.9%-17.9pp	-1.0%
Current Ratio	0.45-0.1x	0.59+0.2x	0.41+0.1x	0.30-0.1x	0.41-0.2x	0.62+0.1x	0.48	N/A	N/A	13.15-14.1x	27.23+9.0x	18.19+16.0x	2.17
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.080.0x	0.040.0x	0.08+0.1x	0.010.0x	0.01-0.1x	0.06
Asset Turnover	3.20+1.4x	1.78+0.8x	0.97+0.9x	0.08-1.2x	1.25-1.6x	2.88-0.1x	2.95+2.9x	0.00-4.4x	4.37+3.8x	0.55+0.5x	0.00	N/A	N/A
FCF Margin	-1.5%+14.4pp	-15.9%+0.5pp	-16.4%+50.9pp	-67.3%-56.0pp	-11.3%+7.1pp	-18.4%-31.8pp	13.3%	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Gross Margin	6.9%+0.3pp	13.4%+7.1pp	12.6%+3.6pp	10.8%+0.9pp	6.5%+10.0pp	6.3%+12.1pp	9.0%+23.4pp	9.9%+5.6pp
Operating Margin	-8.7%-2.8pp	0.9%+7.3pp	-2.1%+4.2pp	1.6%+13.2pp	-5.9%+7.5pp	-6.3%+12.7pp	-6.2%+28.1pp	-11.6%+31.6pp
Net Margin	-3.7%+12.8pp	-8.1%+8.6pp	-16.9%+5.5pp	-10.1%+9.0pp	-16.6%+7.9pp	-16.7%-14.1pp	-22.4%+28.4pp	-19.1%+46.3pp
Return on Equity	-8.2%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-1.6%+11.4pp	-8.6%+2.9pp	-16.1%-4.8pp	-7.9%+3.5pp	-13.0%-1.5pp	-11.4%-10.4pp	-11.3%+2.8pp	-11.5%+7.6pp
Current Ratio	0.500.0x	0.40-0.2x	0.42-0.2x	0.45-0.1x	0.550.0x	0.61+0.1x	0.65+0.3x	0.59+0.2x
Debt-to-Equity	3.33	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover	0.44-0.3x	1.06+0.4x	0.95+0.4x	0.79+0.2x	0.79+0.3x	0.68+0.3x	0.51+0.2x	0.60+0.3x
FCF Margin	-2.0%-5.2pp	0.2%-5.0pp	4.2%+17.8pp	-2.3%+14.0pp	3.2%+10.9pp	5.2%	-13.6%	-16.3%-9.5pp

Note: Shareholder equity is negative (-$26.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.45), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
SMG INDUSTRIES INC SMGI	FY2022	$71.0M	-$11.6M	-16.4%	$348K	—
VICTORY OILFIELD TECH INC VYEY	FY2023	$0	-$539K	N/A	$212K	—
ENSERVCO CORP ENSV	FY2023	$22.1M	-$8.5M	-38.6%	$3.7M	—
GENOIL INC GNOLF	FY2024	$0	N/A	N/A	$20.0M	—

Where SMG INDUSTRIES INC Ranks

Frequently Asked Questions

What is SMG INDUSTRIES INC's annual revenue?

SMG INDUSTRIES INC (SMGI) reported $71.0M in total revenue for fiscal year 2022. This represents a 36.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SMG INDUSTRIES INC's revenue growing?

SMG INDUSTRIES INC (SMGI) revenue grew by 36.3% year-over-year, from $52.1M to $71.0M in fiscal year 2022.

Is SMG INDUSTRIES INC profitable?

No, SMG INDUSTRIES INC (SMGI) reported a net income of -$11.6M in fiscal year 2022, with a net profit margin of -16.4%.

What is SMG INDUSTRIES INC's EBITDA?

SMG INDUSTRIES INC (SMGI) had EBITDA of $2.3M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does SMG INDUSTRIES INC have?

As of fiscal year 2022, SMG INDUSTRIES INC (SMGI) had $127K in cash and equivalents against $42.3M in long-term debt.

What is SMG INDUSTRIES INC's gross margin?

SMG INDUSTRIES INC (SMGI) had a gross margin of 8.1% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.

What is SMG INDUSTRIES INC's operating margin?

SMG INDUSTRIES INC (SMGI) had an operating margin of -4.2% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.

What is SMG INDUSTRIES INC's net profit margin?

SMG INDUSTRIES INC (SMGI) had a net profit margin of -16.4% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.

What is SMG INDUSTRIES INC's free cash flow?

SMG INDUSTRIES INC (SMGI) recorded an outflow of $1.0M in free cash flow during fiscal year 2022. This represents a 87.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is SMG INDUSTRIES INC's operating cash flow?

SMG INDUSTRIES INC (SMGI) recorded an outflow of $725K in operating cash flow during fiscal year 2022, representing cash used by core business activities.

What are SMG INDUSTRIES INC's total assets?

SMG INDUSTRIES INC (SMGI) had $22.2M in total assets as of fiscal year 2022, including both current and long-term assets.

What are SMG INDUSTRIES INC's capital expenditures?

SMG INDUSTRIES INC (SMGI) invested $301K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.

How many shares does SMG INDUSTRIES INC have outstanding?

SMG INDUSTRIES INC (SMGI) had 48M shares outstanding as of fiscal year 2022.

What is SMG INDUSTRIES INC's current ratio?

SMG INDUSTRIES INC (SMGI) had a current ratio of 0.45 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.

What is SMG INDUSTRIES INC's return on assets (ROA)?

SMG INDUSTRIES INC (SMGI) had a return on assets of -52.3% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

How does SMG INDUSTRIES INC's liquidity compare with its operating cash outflow?

At the end of fiscal year 2022, SMG INDUSTRIES INC (SMGI) held $127K in cash, cash equivalents and investments, and reported an operating cash outflow of $725K over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Why is SMG INDUSTRIES INC's debt-to-equity ratio negative or not reported?

SMG INDUSTRIES INC (SMGI) has negative shareholder equity of -$26.5M as of fiscal year 2022, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is SMG INDUSTRIES INC's Altman Z-Score?

SMG INDUSTRIES INC (SMGI) has an Altman Z-Score of -1.09, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is SMG INDUSTRIES INC's Piotroski F-Score?

SMG INDUSTRIES INC (SMGI) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SMG INDUSTRIES INC's earnings high quality?

SMG INDUSTRIES INC (SMGI) reported a net loss of $11.6M while operations used $725K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SMG INDUSTRIES INC cover its interest payments?

SMG INDUSTRIES INC (SMGI) reported an operating loss of $3.0M against $9.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.