Companies: 10,795·Total market cap: $144.5T
SMG Industries Inc.

SMG Industries Inc.

SMGIOTCEnergy● Active
$0.00
+$0.00(+0.00%)
Market Cap$348471
P/E Ratio
52W High$0.0021
52W Low$0.0011

SMG Industries Inc. (SMGI) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

SMGI · net income · updated Jun 16, 2026

Core profitability metrics

Net income was −$11.6M for FY2022 (fiscal year ending 2022-12-31), down 4.2% year-over-year. Net profit margin was -16.4%. Based on available data, SMG Industries Inc. has been profitable since at least 2013.

FY2022 Net Income−$11.6M▼ -4.2% YoY
Trailing 12M (TTM)−$8.3Mtrailing 4 quarters sum
Net Profit Margin-16.4%−$11.6M ÷ $71.0M
YoY Change-4.2%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 16, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2013

▸ FMP /income-statement · Annual · SMGI net income history · SMGI profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2022Loss−$11.6M▼ 4.2%-16.4%
FY2021Loss−$11.1M▲ +32.2%-21.4%
FY2020Loss−$16.4M▼ 312.7%-61.7%
FY2019Loss−$4.0M▼ 248.5%-61.5%
FY2018Loss−$1.1M▼ 56.4%-25.9%

Net income vs peers (Energy)

#CompanyNet IncomeYoY
#1
SMG Industries Inc.
SMG Industries Inc.YOU
SMGI
−$11.6M-4.2%
#2
Exxon Mobil Corporation
Exxon Mobil Corporation
XOM
$28.84B-14.4%
#3
Shell plc
Shell plc
SHEL
$17.84B+10.8%
#4
TotalEnergies SE
TotalEnergies SE
TTE
$13.13B-16.7%
#5
Chevron Corporation
Chevron Corporation
CVX
$12.30B-30.4%
#6
Enbridge Inc.
Enbridge Inc.
ENB-PFA.TO
$7.49B+37.7%
Energy · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

SMG Industries Inc. (SMGI) reported net income of −$11.6M for FY2022 (fiscal year ending 2022-12-31), down 4.2% year-over-year. The net profit margin was -16.4% — meaning the company kept $-0.16 of every dollar of revenue as profit.

Based on available data, SMG Industries Inc. has been profitable since at least 2013. Net income reached a peak of $4.8M in FY2014. Data available for 15 fiscal years.

SMG Industries Inc.'s net profit margin was -16.4% for FY2022, based on the latest annual results.

Investors sometimes search for "SMG Industries Inc. net worth" — the company's market capitalization is a separate figure from SMGI net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

SMGI net income · 4 questions

SMG Industries Inc. is not currently profitable on an annual basis. The company reported a net loss of $11.6M for FY2022.

is SMGI profitabledoes SMGI make a profitSMGI profitabilitySMGI profitable company

Source: FMP /income-statement · GAAP · SMG Industries Inc. · SMG Industries Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 16, 2026