Schmitt Industries, Inc. (SMIT): BCG Matrix [Dec-2025 Updated]

You're trying to map the current business units of Schmitt Industries, Inc. (SMIT) using the classic BCG Matrix, but honestly, analyzing a non-reporting shell company whose registration was revoked by the SEC is an exercise in looking for what simply isn't there. We found zero Stars and no segment providing the stable, recurring cash flow you'd expect from a Cash Cow, especially since the Ice Cream Segment is now shuttered. The portfolio is dominated by Dogs-the failed Ample Hills Creamery and the low-revenue Measurement unit-leaving the corporate shell itself as the primary Question Mark, its entire potential value tied to a high-risk reverse merger, reflected in the stock trading around $0.0150$ per share. Keep reading to see the full, stark breakdown of this speculative structure.

Background of Schmitt Industries, Inc. (SMIT)

Schmitt Industries, Inc. (SMIT), headquartered in Portland, Oregon, is a company that designs, manufactures, and sells test and measurement products globally, alongside operating an ice cream business. The company was incorporated in 1984. As of December 3, 2025, the stock was trading at $0.0150, reflecting a market capitalization of approximately $56,798.

Schmitt Industries, Inc. operates through two distinct segments: Measurement and Ice Cream. The Measurement segment is where the core technology business resides. This division focuses on high precision test and measurement solutions, including its Acuity product line, which offers laser and confocal chromatic white light sensors used for distance measurement and dimensional sizing across industries like manufacturing, steel casting, and medical imaging.

Also within the Measurement segment is the Xact product line, which provides ultrasonic-based remote tank monitoring products and related monitoring services, targeting the Internet of Things environment. For the last reported fiscal year ending May 31, 2022, Schmitt Industries, Inc. reported total revenue of $9.89 million, a significant increase from the prior year's $5.6 million.

The second segment is the Ice Cream division, which operates under the brand name Ample Hills Creamery. This unit manufactures, wholesales, and retails ice creams and related products, including ice cream cakes, both through its website and at its Brooklyn, NY, retail locations. This segment also hosts community-building events like ice cream classes and live performances.

Financially, the company has faced challenges; for the fiscal year ending May 2022, the reported earnings were a loss of $-3.71 million, and the trailing twelve months (TTM) Return on Equity (ROE) was reported at -169.56%. The company has 3.79 million shares outstanding as of the latest data available.

Schmitt Industries, Inc. (SMIT) - BCG Matrix: Stars

You're looking at the Stars quadrant for Schmitt Industries, Inc. (SMIT) as of late 2025, and the picture is quite clear: no operating segment currently qualifies as a Star.

A Star, by definition, needs both high market share and high market growth. Based on the latest available figures, Schmitt Industries, Inc. simply does not possess a product line exhibiting this dual characteristic in the current environment. Honestly, the financial reality suggests significant challenges that would prevent any segment from meeting the investment threshold required for Star status.

For context on the overall financial health that informs this assessment, consider these recent figures from the trailing twelve months:

The company's core measurement business, featuring the Acuity® and Xact® product lines, which historically contributed significant sales-for example, Measurement products accounted for 35% of total sales in Fiscal 2018-is not currently positioned in a high-growth market where Schmitt Industries, Inc. commands a leading share.

The strategic reality for Schmitt Industries, Inc. in late 2025 points away from nurturing organic segment growth that would create a Star. Instead, the management focus has clearly pivoted. Here's what that shift looks like:

• Core focus shifted to corporate transactions.
• Investment priority is on M&A activity.
• Organic segment growth is secondary to deal-making.
• The company lacks a high-growth, high-market-share product line.

This means that any capital deployment is likely channeled toward evaluating or executing acquisitions, rather than funding the heavy promotion and placement spending a true Star product would demand to maintain its growth trajectory. If market share is kept, Stars are likely to grow into cash cows, but without that high-growth market presence, that transition is not on the immediate horizon for any existing unit of Schmitt Industries, Inc. The immediate action here is recognizing the absence of Stars and reallocating analytical resources to the other three quadrants.

Schmitt Industries, Inc. (SMIT) - BCG Matrix: Cash Cows

You're analyzing Schmitt Industries, Inc. (SMIT) portfolio, and right now, the data suggests a challenge in identifying a clear Cash Cow business unit. A Cash Cow needs to be a market leader in a mature, low-growth market, generating substantial, stable cash flow that funds the rest of the enterprise. Based on the latest available figures, Schmitt Industries, Inc. currently shows no segment providing the significant, stable, recurring cash flow required to fund other units.

Prior real estate sales, like the $5.1 million 28th Street property sale in 2021, were one-time capital events, not a business segment generating operating cash flow for ongoing support.

The Measurement Segment (SMS), which includes the Acuity™ and Xact^TM product lines, reported revenue of only $1.58 million in Fiscal Year 2022. This figure is too small to qualify as a Cash Cow, which typically requires a dominant market share in a large, established market to produce outsized cash returns.

Here's a look at the latest reported segment revenue breakdown for context:

If a segment were a true Cash Cow, you would expect it to be a market leader generating more cash than it consumes, allowing for passive 'milking' of gains. For Schmitt Industries, Inc., the implications based on the current structure are:

• No segment currently demonstrates the high market share in a mature market needed for high profit margins.
• Operating Income for the entire company in the fiscal year ending May 31, 2022, was a loss of -$10.62 million (in thousands USD), indicating consumption of cash rather than generation.
• The company's Free Cash Flow for the last twelve months ending May 31, 2022, was -$9.04 million (in thousands USD).
• The company's Debt / Equity ratio stood at 30.38 as of the latest reported metrics, suggesting reliance on debt or external funding rather than internal Cash Cow generation.

Finance: draft 13-week cash view by Friday.

Schmitt Industries, Inc. (SMIT) - BCG Matrix: Dogs

You're looking at the units within Schmitt Industries, Inc. (SMIT) that are stuck in low-growth markets and have failed to capture significant market share. These are the Dogs, and honestly, they're where capital goes to die if you don't act decisively.

Ice Cream Segment (Ample Hills Creamery)

The Ice Cream Segment, Ample Hills Creamery, is a clear Dog candidate. Its operational status confirms the low-growth, low-share reality. You saw the writing on the wall when the company announced the immediate furlough of its employees and the temporary shutdown of all 12 locations on December 19, 2022.

This action wasn't a temporary pause; it was a direct consequence of the failure to sustain itself while seeking additional investment capital, with management noting there was no assurance capital would be obtained, leading to a potential indefinite shutdown.

• Operations for Ample Hills Creamery shut down starting December 19, 2022.
• The shutdown was explicitly tied to the need to seek additional investment capital.
• The segment was acquired after a March 2020 bankruptcy filing by the original owners.

Measurement Segment (Acuity/Xact)

The Measurement Segment, encompassing Acuity and Xact products, also fits the Dog profile, characterized by low revenue contribution relative to the overall operating losses. While the segment saw some revenue fluctuation, the overall performance drags the consolidated results down significantly.

Here's the quick math on the segment's context within the overall company performance for the fiscal year ending May 31, 2022 (FY 2022):

What this estimate hides is that the negative operating income of -$10.62 million for Consolidated FY 2022 indicates that even with revenue from this segment, the core business wasn't covering its costs, confirming the Dog status where cash is consumed rather than generated.

The segment's low market share is further evidenced by the revenue volatility, such as the 20.1% year-over-year decline in revenue to $0.80 million in Q1 FY2022, even though it saw a slight sequential uptick later.

Corporate Status as a Low-Activity Entity

The broader corporate structure confirms a low-activity status, which is typical for units that are candidates for divestiture or are being wound down. The company's public reporting status is a major red flag for market confidence and liquidity.

• Schmitt Industries, Inc. had its Common Stock trading symbol SMIT on the NASDAQ Capital Market.
• The company filed a Form 25, Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, on January 25, 2023.
• The latest reported consolidated revenue was $9.89 million for FY 2022.
• As of the latest quarter reported, total liabilities were $5.83 million against total assets of $22.84 million.
• The trailing twelve months (TTM) net profit margin, as of September 2025, stood at a negative -33.19%.

This deregistration and continued losses suggest that expensive turn-around plans for these units are unlikely to succeed, making divestiture the most logical path forward for any remaining assets.

Schmitt Industries, Inc. (SMIT) - BCG Matrix: Question Marks

The corporate shell itself is the primary Question Mark for Schmitt Industries, Inc. (SMIT). This entity exists in a state of high potential growth tied to an external event, yet currently possesses minimal internal market strength, consuming resources without generating commensurate returns.

Low relative market share is starkly evidenced by the stock trading at approximately $0.0150 per share in late 2025, with a 52-week range showing a high of $0.0250 and a low of $0.0150 as of December 1, 2025. This valuation translates to a Market Cap of only $56.8 thousand as of December 4, 2025, based on approximately 3.87 million shares outstanding. You see the cash burn reflected in the Trailing Twelve Months (TTM) figures.

High market growth potential is tied solely to a high-risk, high-reward reverse merger or acquisition. The company's historical performance metrics confirm the cash-consuming nature of this quadrant, as these units lose money while waiting for a strategic pivot. The prior attempt at a reverse merger with Proton Green, LLC was cancelled in September 2022, underscoring the inherent execution risk in this strategy.

Future value hinges entirely on a new management team finding a viable private company to merge with the public shell. This is the single path to transforming this Question Mark into a Star, or letting it devolve into a Dog.

Here's a quick look at the financial reality that defines this Question Mark status:

The current operational performance shows significant negative returns, demanding immediate strategic action, whether that is heavy investment in a new direction or divestiture of the shell itself. The low market share is a direct result of the lack of a core, high-growth business unit to anchor the public listing.

These are the key characteristics defining Schmitt Industries, Inc. (SMIT) as a Question Mark:

• Primary asset is the public shell listing on OTCMKTS.
• Stock price volatility is low, with a 52-week Beta of -0.56.
• The company reported $22.84 million in total assets against $5.83 million in total liabilities in the latest quarter.
• Interest Coverage ratio stands at -226.70.
• The company has a Current Ratio of 0.69, indicating liquidity challenges.
• The path forward requires a successful merger to secure a viable private company.