Singing Machine Company

Singing Machine Company Gross Margin

Delisted

The Gross Margin of Singing Machine Company (SMDM) as of Oct 10, 2026 is 26.86 %. In the previous year, Gross Margin was 21.25 % — a change of 26.40% (higher).

Gross Margin

26.86 %

YoY

26.40%

Last updated:

Gross Margin of Singing Machine Company is 2021 26.86 % . Gross Margin of Singing Machine Company was 2020 21.25 % . It decreases by 26.40% higher compared to the previous year.

Singing Machine Company's gross margin stands at 26.9%, broadly stable from 26.1% several years earlier.

The Singing Machine Company Gross Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2014
22.66 USD
Jan 1, 2015
21.14 USD
Jan 1, 2016
24.40 USD
Jan 1, 2017
26.15 USD
Jan 1, 2018
25.77 USD
Jan 1, 2019
25.32 USD
Jan 1, 2020
21.25 USD
Jan 1, 2021
26.86 USD
The Singing Machine Company Gross Margin history
YEARGross MarginYoY
26.86 %+26.40%
21.25 %-16.10%
25.32 %-1.73%
25.77 %-1.44%
26.15 %+7.18%
24.40 %+15.38%
21.14 %-6.68%
22.66 %+9,569.55%
0.23 %+7.58%
0.22 %-1.52%
0.22 %+17.96%
0.19 %+0.32%
0.19 %-17.08%
0.23 %-1.55%
0.23 %+4.49%
0.22 %-9.68%
0.24 %+657.23%
0.03 %-86.85%
0.24 %-26.10%
0.33 %—
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Singing Machine Company Stock analysis

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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Singing Machine Company stock

Gross Margin of Singing Machine Company is 26.86 % in 2021.

Gross Margin of Singing Machine Company changed from 21.25 % to 26.86 %, representing a 26.40% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin Singing Machine Company since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's Singing Machine Company with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

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Margins — Singing Machine Company

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