SMDM - The Singing Machine Company, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.1595
-0.0071 (-4.29%)
At close: 3:20PM EST
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Previous Close0.1666
Open0.1571
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.1571 - 0.1600
52 Week Range0.1300 - 0.4400
Volume108,152
Avg. Volume18,604
Market Cap6.15M
Beta (5Y Monthly)0.38
PE Ratio (TTM)31.90
EPS (TTM)0.0050
Earnings DateFeb 13, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.00
  • GlobeNewswire

    Singing Machine Announces Third Quarter 2020 Earnings Report

    The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the North American leader in consumer karaoke products – today announced its financial results for its third quarter ended December 31, 2019. Reported net sales of $15.5 million for the quarter; $40.4 million for the nine-months year-to-date period. Operating expenses increased by approximately $1.1 million, of which approximately $0.6 million was due to more promotions run during the holiday quarter with the balance due to higher freight expenses on product returns.

  • GlobeNewswire

    Singing Machine to Announce its Financial Results for the Third Quarter Fiscal 2020

    Fort Lauderdale, FL, Feb. 11, 2020 -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) -- the North American leader in consumer karaoke.

  • GlobeNewswire

    Singing Machine Announces Second Quarter 2020 Earnings Report

    The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the North American leader in consumer karaoke products – today announced its financial results for its second quarter ended September 30, 2019. During the quarter, the Company recognized a loss of goods due to moisture damage during ocean transport while goods were en route to a major customer for the holidays. Reported net sales of $20.1 million for the quarter; $24.9 million for the six-months year-to-date period.

  • GlobeNewswire

    Singing Machine to Announce its Financial Results for the Second Quarter Fiscal 2020

    Fort Lauderdale, FL, Nov. 13, 2019 -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) -- the North American leader in consumer karaoke.

  • GlobeNewswire

    Singing Machine Awarded Trademark Protection in China; Enters China Market

    The Singing Machine Company, Inc.  (“Singing Machine” or the “Company”) (SMDM) - the North American leader in home karaoke consumer products - today announced it has been formally granted trademark protection in China by the China Trademark Office for its Singing Machine brand. Having this trademark protection now allows the Company to enter the China market.

  • GlobeNewswire

    Parents Magazine Names Carpool Karaoke the Mic One of the Best Toys of 2019

    Inspired by the hit segment that has become a global, viral sensation on THE LATE LATE SHOW WITH JAMES CORDEN, Carpool Karaoke The Mic lets friends and families sing along to their favorite songs in their cars and recreate their favorite moments from the show. With the Parents stamp of approval, there’s no excuse to not bring Carpool Karaoke the Mic along for the road trip (or the car line). James Corden’s “Carpool Karaoke: When Corden Met McCartney” recently won a Creative Arts Emmy – the segment’s third win in four years! With Carpool Karaoke the Mic, you can channel your inner James and Paul (or James and Migos or James and Adele) to create your own vehicular hits.

  • ACCESSWIRE

    Singing Machine to Present at the MicroCap Leadership Summit

    FORT LAUDERDALE, FL / ACCESSWIRE / September 18, 2019 / The Singing Machine Company, Inc. ("Singing Machine" or the "Company") (SMDM) - the North American leader in home karaoke consumer products - announced today it has been selected to present at the fourth annual MicroCap Leadership Summit, hosted by MicroCapClub, on Friday, September 27, 2019, at the Westin Chicago Northwest Hotel in Itasca, Illinois. The Singing Machine presentation will be made by CEO Gary Atkinson. The MicroCap Leadership Summit utilizes a small group format whereby the company will present to approximately 50 retail and institutional microcap investors throughout the day.

  • GlobeNewswire

    Singing Machine Provides Guidance on Impact from Tariffs

    On May 17, 2019 the United States Trade Representative published a list of products imported from China that would be potentially subject to an additional 10% tariff.  This new tariff will go into effect on September 1 as announced by President Trump on August 1 (“List 4A”). Singing Machine reports that its microphones are on List 4A and will be subject to the 10% tariff beginning on September 1, 2019.

  • GlobeNewswire

    Singing Machine Announces 166% Increase in Sales in First Quarter 2020 Earnings Report

    The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the North American leader in consumer karaoke products – today announced its financial results for its first quarter ended June 30, 2019. Net sales increased 166% to $4.8 million from $1.8 million in the first quarter of the prior year. Singing Machine reports net sales of approximately $4.8 million for the quarter ended June 30, 2019 period compared to $1.8 million in the comparable quarter of the prior year.  The increase in net sales was primarily due to earlier shipments of goods to a major retailer for its upcoming holiday promotions.

  • GlobeNewswire

    Singing Machine to Announce its Financial Results for the First Quarter Fiscal 2020

    The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) -- the North American leader in consumer karaoke products -- today announced that its earnings for its first quarter ended June 30, 2019 will be released the morning of Wednesday, August 14, 2019. Singing Machine® is the worldwide leader in consumer karaoke products.

  • GlobeNewswire

    Singing Machine Announces Presale and Retail Launch of Carpool Karaoke The Mic

    Fort Lauderdale, FL, July 01, 2019 (GLOBE NEWSWIRE) --  The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the worldwide leader in consumer karaoke products – announces Carpool Karaoke The Mic is now available online for presale at most places where electronics are sold. The Mic will also be available starting July 15, 2019, at select Best Buy® stores nationwide.

  • GlobeNewswire

    Singing Machine Reports Fiscal 2019 Annual Earnings Report

    Fort Lauderdale, FL, July 01, 2019 -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the North American leader in consumer karaoke.

  • GlobeNewswire

    Singing Machine to Announce its Financial Results for the Full Fiscal Year Ended March 31, 2019 – Updated Date

    Fort Lauderdale, FL, June 24, 2019 -- UPDATE ON DATE The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) -- the North American leader in.

  • GlobeNewswire

    Singing Machine to Announce its Financial Results for the Full Fiscal Year Ended March 31, 2019

    Fort Lauderdale, FL, June 24, 2019 -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) -- the North American leader in consumer karaoke.

  • GlobeNewswire

    Singing Machine Signs License Agreement with Talpa Global for ‘The Voice’

    The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the worldwide leader in consumer karaoke products – announces it has entered into a three-year multi-country licensing agreement with Talpa Global for the hit show THE VOICE. Under the terms of the Agreement, Singing Machine will be launching a range of consumer karaoke products for distribution in multiple countries around the world, starting in Fall 2019.

  • GlobeNewswire

    Singing Machine Announces Distribution Partnership with Proxy for Nordic Countries

    The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (SMDM) - the worldwide leader in home karaoke consumer products - today announced it has signed a new distribution deal with Proxy A/S to exclusively distribute Singing Machine products to Finland, Sweden, Norway, Iceland and Denmark. Proxy is one of the largest wholesale distributors of toy and youth electronics products in the Nordic territories and is majority owned by The Character Group PLC, the UK’s largest independent toy group.