Singing Machine Company - Stock

Singing Machine Company EBIT 2024

Singing Machine Company EBIT

204,000 USD

Ticker

MICS

ISIN

US8293224031

In 2024, Singing Machine Company's EBIT was 204,000 USD, a -103.32% increase from the -6.14 M USD EBIT recorded in the previous year.

The Singing Machine Company EBIT history

YEAREBIT (undefined USD)
2024e0.2
2023-6.14
2022-3.7
20210.07
20201.43
2019-3.24
20181.05
20171
20162.99
20151.94
20140.57
20130.28
20121.57
20110.47
2010-0.6
2009-2.96
2008-2.02
20070.16
2006-1.7
2005-2.15
2004-1.62

Singing Machine Company Revenue, EBIT, Net Income

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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, Profit, and EBIT History

DateSinging Machine Company RevenueSinging Machine Company EBITSinging Machine Company Net Income
2024e39.78 M undefined204,000 undefined261,936 undefined
202329.2 M undefined-6.14 M undefined-6.4 M undefined
202239.3 M undefined-3.7 M undefined-4.64 M undefined
202147.51 M undefined70,000 undefined230,000 undefined
202045.8 M undefined1.43 M undefined2.17 M undefined
201938.5 M undefined-3.24 M undefined-2.86 M undefined
201846.48 M undefined1.05 M undefined630,000 undefined
201760.81 M undefined1 M undefined150,000 undefined
201652.92 M undefined2.99 M undefined1.71 M undefined
201548.86 M undefined1.94 M undefined1.7 M undefined
201439.31 M undefined570,000 undefined170,000 undefined
201331.38 M undefined280,000 undefined1 M undefined
201234.44 M undefined1.57 M undefined3.14 M undefined
201125.94 M undefined470,000 undefined460,000 undefined
201019.17 M undefined-600,000 undefined-620,000 undefined
200921.28 M undefined-2.96 M undefined-3.05 M undefined
200831.78 M undefined-2.02 M undefined-2.19 M undefined
200734.07 M undefined160,000 undefined0 undefined
200626.73 M undefined-1.7 M undefined740,000 undefined
200532.31 M undefined-2.15 M undefined-1.9 M undefined
200438.21 M undefined-1.62 M undefined-3.59 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.
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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
2024e21.2 %0.51 %0.66 %
202321.2 %-21.04 %-21.91 %
202223.44 %-9.41 %-11.81 %
202122.75 %0.15 %0.48 %
202026.86 %3.12 %4.74 %
201921.25 %-8.42 %-7.43 %
201825.32 %2.26 %1.36 %
201725.77 %1.64 %0.25 %
201626.15 %5.65 %3.23 %
201524.4 %3.97 %3.48 %
201421.14 %1.45 %0.43 %
201322.66 %0.89 %3.19 %
201223.43 %4.56 %9.12 %
201121.78 %1.81 %1.77 %
201022.12 %-3.13 %-3.23 %
200918.75 %-13.91 %-14.33 %
200818.69 %-6.36 %-6.89 %
200722.54 %0.47 %0 %
200622.9 %-6.36 %2.77 %
200521.91 %-6.65 %-5.88 %
200424.26 %-4.24 %-9.4 %

Singing Machine Company Aktienanalyse

What does Singing Machine Company do?

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 204,000 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 -103.321% 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 6/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/27/2024.

When did Singing Machine Company pay the last dividend?

The last dividend was paid out on 6/27/2024.

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.

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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.