MARKET COMPOSITE
SMID - Smith-Midland Corp.7:59:47 PM 4/25/2024
Price
$36.89
+ 0.10 (0.27%)
Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries. It offers SlenderWall, a lightweight construction panels for the exterior walls of building; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers for use on roadways to separate lanes of traffic in construction work zone or traffic control purposes; and Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations. The company also provides Easi-Set utility vaults for house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as custom-built utility vaults for special needs; SoftSound soundwall panels to absorb highway noise; Beach Prisms, an erosion control modules for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding. In addition, it offers licenses its proprietary products and non-proprietary products in the United States, Canada, Belgium, New Zealand, Australia, Mexico, Trinidad, Spain, and Chile. It markets its products through in-house sales force, independent sales representatives, and direct mail to contractors performing public and private construction contracts, such as the public and private roads and highways, and airports; municipal utilities; and federal, state, and local transportation authorities. Smith-Midland Corporation was founded in 1960 and is based in Midland, Virginia.
Financials
Quarterly financials
(USD)Jun 2023Q/Q
Revenue14.7MM+14%
Gross Profit1.8MM-18%
Cost Of Revenue12.9MM+21%
Operating Income-981K-1917%
Operating Expenses2.8MM+31%
Net Income-782K-1078%
G&A1.9MM+40%
Marketing--
Interest Expense64K-
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