Smith-Midland Corporation / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€66.96M +31.8%	€6.55M +865.4%	9.8% +0.084 pp	€9.69M -10.8%	14.5% -0.069 pp
2023	€50.82M +18.8%	€678.10K -0.6%	1.3% -0.0026 pp	€10.87M -455.4%	21.4% +0.29 pp
2022	€42.76M -1.0%	€682.36K -89.4%	1.6% -0.13 pp	-€3.06M -124.7%	-7.2% -0.36 pp
2021	€43.20M +15.5%	€6.46M +184.1%	14.9% +0.089 pp	€12.36M +43.3%	28.6% +0.056 pp
2020	€37.41M -6.1%	€2.27M +36.7%	6.1% +0.019 pp	€8.63M +14.9%	23.1% +0.042 pp
2019	€39.83M +16.1%	€1.66M +15.5%	4.2% -0.00020 pp	€7.51M -54.2%	18.9% -0.29 pp
2018	€34.31M -3.6%	€1.44M -37.1%	4.2% -0.022 pp	€16.39M +239.0%	47.8% +0.34 pp
2017	€35.58M +4.2%	€2.29M -5.3%	6.4% -0.0065 pp	€4.83M -26.8%	13.6% -0.057 pp
2016	€34.16M +37.1%	€2.42M +171.5%	7.1% +0.035 pp	€6.60M +367.8%	19.3% +0.14 pp
2015	€24.91M +30.0%	€890.74K -229.8%	3.6% +0.072 pp	€1.41M -12.6%	5.7% -0.028 pp
2014	€19.17M -18.9%	-€686.49K -216.4%	-3.6% -0.061 pp	€1.61M +9.5%	8.4% +0.022 pp
2013	€23.64M +11.3%	€589.82K +83.6%	2.5% +0.0098 pp	€1.47M -42.4%	6.2% -0.058 pp
2012	€21.23M -6.8%	€321.30K -207.1%	1.5% +0.028 pp	€2.56M +354.7%	12.0% +0.096 pp
2011	€22.77M -15.8%	-€299.97K -114.6%	-1.3% -0.089 pp	€562.63K -71.3%	2.5% -0.048 pp
2010	€27.05M +7.4%	€2.06M +33.3%	7.6% +0.015 pp	€1.96M -40.5%	7.2% -0.058 pp
2009	€25.18M -1.1%	€1.54M +329.7%	6.1% +0.047 pp	€3.29M +66.4%	13.1% +0.053 pp
2008	€25.47M -5.3%	€359.09K -66.4%	1.4% -0.026 pp	€1.98M +63.4%	7.8% +0.033 pp
2007	€26.89M +7.4%	€1.07M -253.5%	4.0% +0.068 pp	€1.21M +59.4%	4.5% +0.015 pp
2006	€25.04M +23.4%	-€695.85K -160.4%	-2.8% -0.085 pp	€758.62K -54.5%	3.0% -0.052 pp
2005	€20.29M +7.6%	€1.15M +174.3%	5.7% +0.035 pp	€1.67M +92.0%	8.2% +0.036 pp
2004	€18.86M +21.8%	€420.04K -125.9%	2.2% +0.13 pp	€869.19K -884.8%	4.6% +0.053 pp
2003	€15.49M -19.6%	-€1.62M -416.6%	-10.5% -0.13 pp	-€110.76K -109.3%	-0.7% -0.069 pp
2002	€19.28M -13.1%	€512.21K -69.9%	2.7% -0.050 pp	€1.20M -10.5%	6.2% +0.0018 pp
2001	€22.18M +62.5%	€1.70M +236.0%	7.7% +0.040 pp	€1.34M +219.0%	6.0% +0.030 pp
2000	€13.65M +10.9%	€506.12K +1,303.6%	3.7% +0.034 pp	€418.78K -45.0%	3.1% -0.031 pp
1999	€12.31M -0.0%	€36.06K -105.4%	0.3% +0.057 pp	€760.74K -6.4%	6.2% -0.0042 pp
1998	€12.31M +20.2%	-€668.61K -397.1%	-5.4% -0.076 pp	€812.81K -9.3%	6.6% -0.021 pp
1997	€10.24M +5.2%	€225.01K -188.4%	2.2% +0.048 pp	€895.80K -1,939.3%	8.7% +0.092 pp
1996	€9.73M +1.9%	-€254.58K -80.1%	-2.6% +0.11 pp	-€48.70K -95.6%	-0.5% +0.11 pp
1995	€9.55M -8.2%	-€1.28M -850.0%	-13.4% -0.15 pp	-€1.11M -425.0%	-11.6% -0.15 pp
1994	€10.41M	€170.59K	1.6%	€341.18K	3.3%