Singing Machine Company Stock

Singing Machine Company EBIT 2024

Singing Machine Company EBIT

1.43 M USD

Ticker

SMDM

ISIN

US8293223041

WKN

893475

In 2024, Singing Machine Company's EBIT was 1.43 M USD, a -144.14% increase from the -3.24 M USD EBIT recorded in the previous year.

The Singing Machine Company EBIT history

YEAREBIT (undefined USD)
20211.43
2020-3.24
20191.05
20181
20172.99
20161.94
20150.57
20140.28
20131.57
20120.47
2011-0.6
2010-2.96
2009-2.02
20080.16
2007-1.7
2006-2.15
2005-1.62
2004-19.76
20031.61
20028.23

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.

EBIT Details

Analyzing Singing Machine Company's EBIT

Singing Machine Company's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Singing Machine Company's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Singing Machine Company's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Singing Machine Company’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Singing Machine Company stock

How much did Singing Machine Company achieve in EBIT for the current year?

In the current year, Singing Machine Company has achieved an EBIT of 1.43 M USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Singing Machine Company.

How has the EBIT of Singing Machine Company developed in recent years?

The EBIT of Singing Machine Company has increased by -144.136% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Singing Machine Company?

The EBIT of Singing Machine Company is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

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 12/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/21/2024.

When did Singing Machine Company pay the last dividend?

The last dividend was paid out on 12/21/2024.

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.