RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Singing Machine Company Stock

Singing Machine Company Net Income 2024

Singing Machine Company Net Income

2.17 M USD

Ticker

SMDM

ISIN

US8293223041

WKN

893475

In 2024, Singing Machine Company's profit amounted to 2.17 M USD, a -175.87% increase from the -2.86 M USD profit recorded in the previous year.

The Singing Machine Company Net Income history

YEARNET INCOME (undefined USD)
20212.17
2020-2.86
20190.63
20180.15
20171.71
20161.7
20150.17
20141
20133.14
20120.46
2011-0.62
2010-3.05
2009-2.19
2008-
20070.74
2006-1.91
2005-3.59
2004-22.68
20031.22
20028.07

Singing Machine Company Revenue, EBIT, Net Income

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

ⓘ

Understanding Revenue, EBIT, and Income

Gain insights into Singing Machine Company, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Singing Machine Company from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Singing Machine Company’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Singing Machine Company. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Singing Machine Company’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Singing Machine Company’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Singing Machine Company’s growth potential.

Singing Machine Company Revenue, EBIT and net profit per share

DateSinging Machine Company RevenueSinging Machine Company EBITSinging Machine Company Net Income
202145.8 M undefined1.43 M undefined2.17 M undefined
202038.5 M undefined-3.24 M undefined-2.86 M undefined
201946.48 M undefined1.05 M undefined630,000 undefined
201860.81 M undefined1 M undefined150,000 undefined
201752.92 M undefined2.99 M undefined1.71 M undefined
201648.86 M undefined1.94 M undefined1.7 M undefined
201539.31 M undefined568,610 undefined170,160 undefined
201431.38 M undefined280,000 undefined1 M undefined
201334.44 M undefined1.57 M undefined3.14 M undefined
201225.94 M undefined470,000 undefined460,000 undefined
201119.17 M undefined-600,000 undefined-620,000 undefined
201021.28 M undefined-2.96 M undefined-3.05 M undefined
200931.78 M undefined-2.02 M undefined-2.19 M undefined
200834.07 M undefined160,000 undefined0 undefined
200726.73 M undefined-1.7 M undefined740,000 undefined
200632.31 M undefined-2.15 M undefined-1.91 M undefined
200538.21 M undefined-1.62 M undefined-3.59 M undefined
200470.54 M undefined-19.76 M undefined-22.68 M undefined
200395.61 M undefined1.61 M undefined1.22 M undefined
200261.83 M undefined8.23 M undefined8.07 M undefined

Singing Machine Company stock margins

The Singing Machine Company margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Singing Machine Company. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Singing Machine Company.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details

Margin

ⓘ

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Singing Machine Company's sales revenue. A higher gross margin percentage indicates that the Singing Machine Company retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Singing Machine Company's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Singing Machine Company's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Singing Machine Company's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Singing Machine Company. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Singing Machine Company's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Singing Machine Company Margin History

Singing Machine Company Gross marginSinging Machine Company Profit marginSinging Machine Company EBIT marginSinging Machine Company Profit margin
202126.86 %3.12 %4.74 %
202021.25 %-8.42 %-7.43 %
201925.32 %2.26 %1.36 %
201825.77 %1.64 %0.25 %
201726.15 %5.64 %3.22 %
201624.4 %3.96 %3.49 %
201521.14 %1.45 %0.43 %
201422.66 %0.89 %3.19 %
201323.43 %4.56 %9.12 %
201221.78 %1.81 %1.77 %
201122.12 %-3.13 %-3.23 %
201018.75 %-13.91 %-14.33 %
200918.69 %-6.36 %-6.89 %
200822.54 %0.47 %0 %
200722.9 %-6.36 %2.77 %
200621.91 %-6.65 %-5.91 %
200524.26 %-4.24 %-9.4 %
20043.2 %-28.01 %-32.15 %
200324.36 %1.68 %1.28 %
200232.96 %13.31 %13.05 %

Singing Machine Company Aktienanalyse

What does Singing Machine Company do?

The Singing Machine Company Inc. is a company that produces and distributes karaoke systems and accessories. It was founded in 1982 and is headquartered in Fort Lauderdale, Florida. The company has branches in Canada, Europe, and Asia. It started as a small family business and quickly became a leading provider of karaoke products. Over the years, the company has adapted and evolved its business model. In the 1990s, it focused on manufacturing CD players and karaoke systems for the consumer market. In the 2000s, it expanded to international markets and added professional karaoke systems for DJs and bars to its range. Today, it is a leading provider of karaoke products for both the consumer and professional markets. The company offers a wide range of karaoke systems, including all-in-one systems, portable CD players, Bluetooth speakers, and microphones. It also offers various accessories and software, such as karaoke songs, songbooks, and karaoke apps. The Singing Machine Company is divided into different business divisions that reflect its various product ranges. Its consumer division focuses on karaoke systems and accessories for home use, while its professional division offers DJ and bar karaoke systems, stage lighting, and audio equipment. The company also has a division for the A/V market, providing professional audio and video products for businesses, schools, and communities. One example of a Singing Machine Company product is the SML385BTBK karaoke system, which is an all-in-one system with a CD player, Bluetooth features, and a second microphone. It also has a USB port that allows users to store and play their favorite music on a USB drive. Overall, the Singing Machine Company Inc. has become a leading provider of karaoke products and accessories in America and international markets. By manufacturing high-quality products and constantly adapting to the changing needs of customers, the company has established itself as a market leader. Singing Machine Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Singing Machine Company's Profit Margins

The profit margins of Singing Machine Company represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Singing Machine Company's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Singing Machine Company's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Singing Machine Company's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Singing Machine Company’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Singing Machine Company stock

How much profit has Singing Machine Company made this year?

Singing Machine Company has made 2.17 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -175.87% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Singing Machine Company publish its earnings?

Singing Machine Company publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Singing Machine Company?

The profits of Singing Machine Company are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Singing Machine Company?

You can learn more about the earnings of Singing Machine Company by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Singing Machine Company pay?

Over the past 12 months, Singing Machine Company paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Singing Machine Company is expected to pay a dividend of 0 USD.

What is the dividend yield of Singing Machine Company?

The current dividend yield of Singing Machine Company is .

When does Singing Machine Company pay dividends?

Singing Machine Company pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Singing Machine Company?

Singing Machine Company paid dividends every year for the past 0 years.

What is the dividend of Singing Machine Company?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Singing Machine Company located?

Singing Machine Company is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Singing Machine Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Singing Machine Company from 12/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/20/2024.

When did Singing Machine Company pay the last dividend?

The last dividend was paid out on 12/20/2024.

What was the dividend of Singing Machine Company in the year 2023?

In the year 2023, Singing Machine Company distributed 0 USD as dividends.

In which currency does Singing Machine Company pay out the dividend?

The dividends of Singing Machine Company are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Singing Machine Company

Our stock analysis for Singing Machine Company Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Singing Machine Company Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.