CSIMarket
 
Smartmetric Inc   (SMME)
Other Ticker:  
 
 
Price: $0.0004 $0.00 -20.000%
Day's High: $0.0005 Week Perf: -20 %
Day's Low: $ 0.00 30 Day Perf: 0.00
Volume (M): 1,632 52 Wk High: $ 0.00
Volume (M$): $ 1 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 2,581
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Smartmetric Inc
Smartmetric Inc is a technology company that specializes in the development and production of biometric security solutions. They have created a unique smartcard that incorporates a fingerprint scanner, allowing for secure and convenient access to sensitive data. The company's technology is targeted towards industries such as financial services, healthcare, and government, where security is of utmost importance. The smartcards are designed to be compatible with existing card infrastructure, making it easy for organizations to adopt this advanced security solution.


   Company Address: 3960 Howard Hughes Parkway Las Vegas 89169 NV
   Company Phone Number: 990-3687   Stock Exchange / Ticker: SMME
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Smartmetric Inc

Smartmetric Inc Faces Operating Loss in Second Quarter of 2024


As an industry insider in the Miscellaneous Manufacturing sector, I am closely monitoring the financial performance of companies within the sector. The second quarter of 2024 has been an eventful period, with a focus on understanding the operating loss and net loss figures.
For the October to December 31, 2023 reporting season, the Miscellaneous Manufacturing industry's operating loss stands at -$0.185661 million. Unfortunately, no top-line data has been provided yet, making it challenging to fully evaluate the overall performance during this time. However, it is crucial to frame the financial period ending Q2 2024 accurately and consider the company's prevailing situation.

Smartmetric Inc

Smartmetric Inc Delivers Encouraging First Quarter Results with Reduced Operating Loss in 2024

The Miscellaneous Manufacturing sector is eagerly analyzing the first quarter financial results of Smartmetric Inc for 2024. Insiders in the industry have noted an operating loss of $-0.157005 million for the company. It is worth mentioning that Smartmetric Inc has not reported any revenue thus far, making the improvement in operating loss a sign of good news amidst the lack of comparisons.
Comparing this operating loss with the corresponding period of the previous year, which stood at $-0.27929 million, analysts are optimistic about the prospects of Smartmetric Inc. This optimism stems from the company's efforts to expand its revenue sources, resulting in a reduction of the financial deficit. In the financial period ending on September 30, 2023, the deficit was lowered to $-0.171 million from the $-0.292 million recorded in the first quarter of 2023.

Smartmetric Inc

Smartmetric Inc's Operating Losses Raise Concerns, But Potential for Growth Evident in Fourth Quarter Outlook

Financial News Report: Smartmetric Inc Reports Mixed Results during Earnings Season
During the earnings season for the period of April to June 30, 2023, several companies in the Miscellaneous Manufacturing industry have been reporting their financial results. One such company, Smartmetric Inc (SMME), has posted a significant operating loss of $-0.229801 million for the same period.
Considering the current stage of the organization, it is essential to analyze the situation based on the fiscal time-frame ending in the fourth quarter of 2023. By comparing the operating income from the fourth quarter of 2022, which amounted to $0.07408 million, it is evident that Smartmetric Inc has managed to maintain profitability. Moreover, there is potential for growth as the net income is expected to improve from $-0.246 million in the fourth quarter of 2022 to $0.047 million from April to June 30, 2023.

Smartmetric Inc

Smartmetric Inc Shows Promise with Reduced Operating Loss in Q1 2023



The financial results of Smartmetric Inc for the January to March 31, 2023 reporting cycle have provided a mixed bag of optimism and concerns for shareholders. While adjustments at the top-line were unexpected, the company's operating loss showed a positive decline compared to the previous quarter. This article aims to outline the facts surrounding these financial results and put them into perspective.
Positive Operating Loss Improvement:
During the first quarter of 2023, Smartmetric Inc's operating loss amounted to $-0.187023 million. This figure represents a significant improvement compared to the operating loss of $-0.284202 million in the third quarter of 2022. The reduction in operating loss is indicative of the company's efforts to become more economically efficient, a crucial factor for small businesses like Smartmetric Inc aiming to reach the next level.






 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com