OverviewSuggest Edit

SMG Industries (formerly known as SMG Indium Resources) is an oilfield services company that offers products and services across the market segments of drilling, completions and production. It sells detergents, surfactants and degreasers, as well as hole assembly (BHA) tools such as stabilizers, drill collars, crossovers and bit subs. The Company also provides equipment and temporary infrastructure to route water used on location for fracing.

TypePublic
Founded2008
HQStaten Island, US
Websitesmgindustries.com
Employee Ratings3

Latest Updates

Employees (est.) (Feb 2019)34
Revenue (FY, 2018)$4.4 M(+80%)

Key People/Management at SMG Industries

Matthew C. Flemming

Matthew C. Flemming

Chief Executive Officer and Chairman
Stephen Christian

Stephen Christian

Executive Vice President and Secretary
Show more

SMG Industries Office Locations

SMG Industries has an office in Staten Island
Staten Island, US (HQ)
176 Laguardia Ave
Show all (1)

SMG Industries Financials and Metrics

SMG Industries Revenue

SMG Industries's revenue was reported to be $4.42 m in FY, 2018
USD

Revenue (Q1, 2019)

1.8m

Gross profit (Q1, 2019)

272.0k

Gross profit margin (Q1, 2019), %

15.5%

Net income (Q1, 2019)

(710.3k)

EBIT (Q1, 2019)

(566.6k)

Market capitalization (8-Oct-2018)

5.1m

Cash (31-Mar-2019)

70.4k
SMG Industries's current market capitalization is $5.1 m.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

9.5m2.5m4.4m

Cost of goods sold

1.4m2.8m

Gross profit

1.0m1.7m

Gross profit Margin, %

41%37%
Quarterly
USDQ3, 2013Q2, 2014Q3, 2014Q3, 2016Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

6.4m5.4m4.8m620.1k998.2k1.2m1.0m1.8m

Cost of goods sold

3.7m3.5m234.4k510.1k649.4k582.9k1.5m

Gross profit

1.6m1.3m385.7k488.1k517.9k444.0k272.0k

Gross profit Margin, %

30%26%62%49%44%43%16%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.1m960.4k614.5k85.6k1.6k

Inventories

142.1k140.7k

Current Assets

17.4m736.6k985.4k

Goodwill

185.8k
Quarterly
USDQ3, 2013Q2, 2014Q3, 2014Q3, 2016Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

10.4m10.4m17.4m701.3k98.0k42.6k128.3k251.2k70.4k

Accounts Receivable

668.5k2.4m

Inventories

115.0k128.9k145.5k148.5k128.4k

Current Assets

17.3m790.3k889.5k1.1m1.2m1.3m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

982.0k(460.9k)(386.3k)(731.1k)(1.1m)

Depreciation and Amortization

597.072.2k105.3k

Inventories

(131.1k)1.4k

Accounts Payable

231.0k551.8k
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

(342.4k)19.7k(128.4k)(408.1k)(710.3k)

Depreciation and Amortization

57.2k15.4k34.2k66.9k80.6k

Inventories

(104.0k)13.1k(3.4k)(6.4k)12.2k

Accounts Payable

333.6k(84.0k)23.5k207.9k626.4k
USDY, 2019

Revenue/Employee

51.6k

Financial Leverage

-7.8 x
Show all financial metrics

SMG Industries Blogs

SMG Industries, Inc. Announces Corporate Alliance with Christopher Equipment and Rentals LLC

For marketing and sales of SMG’s downhole oil tools in the Permian Basin HOUSTON, TX and ODESSA, TX / ACCESSWIRE / February 28, 2019 / SMG Industries, Inc. (OTCQB: SMGI) an oilfield services company headquartered in Houston, Texas announced today that it has established a corporate alliance through …

SMG Industries, Inc. Announces Preliminary 2018 Annual Revenue Results and Operational Update

Oilfield Services Company SMG Reporting Preliminary Revenues of Over $4.4 Million for the Fiscal Year Ended December 31, 2018, Representing an Increase of Approximately 78% From the Fiscal Year Ended 2017 HOUSTON, TX / ACCESSWIRE / February 11, 2019 / SMG Industries, Inc. (the “Company”) (OTCQB: SMG…

SMG Industries, Inc. Announces the Opening of a New Location in South Texas Serving the Eagle Ford Shale

HOUSTON, Texas, June 04, 2018 (GLOBE NEWSWIRE) — SMG Industries, Inc. (the “Company”) (OTCQB:SMGI), an oilfield services company headquartered in Houston, Texas, focused on selling products and services to drilling rig operators, E&P companies and other oilfield related businesses, today announc…

SMG Industries Frequently Asked Questions

  • When was SMG Industries founded?

    SMG Industries was founded in 2008.

  • Who are SMG Industries key executives?

    SMG Industries's key executives are Matthew C. Flemming and Stephen Christian.

  • How many employees does SMG Industries have?

    SMG Industries has 34 employees.

  • What is SMG Industries revenue?

    Latest SMG Industries annual revenue is $4.4 m.

  • What is SMG Industries revenue per employee?

    Latest SMG Industries revenue per employee is $130.1 k.

  • Who are SMG Industries competitors?

    Competitors of SMG Industries include Metal Supermarkets, Rockler Woodworking and Hardware and Klockner.

  • Where is SMG Industries headquarters?

    SMG Industries headquarters is located at 176 Laguardia Ave, Staten Island.

  • Where are SMG Industries offices?

    SMG Industries has an office in Staten Island.

  • How many offices does SMG Industries have?

    SMG Industries has 1 office.