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XNAS
RIME
Market cap1mUSD
Oct 08, Last price  
0.14USD
1D
-14.73%
1Q
-73.23%
Jan 2017
-100.00%
Name

Singing Machine Company Inc

Chart & performance

D1W1MN
XNAS:RIME chart
P/E
1.91
P/S
0.30
EPS
0.07
Div yield, %
—
Shrs. gr., 5y
13.67%
Rev. gr., 5y
-37.43%
Revenues
4m
-81.31%
26,732,14434,067,87131,780,70921,277,37019,165,97925,943,83234,437,77431,379,62939,308,28148,856,54452,919,22860,808,05046,482,99841,418,30445,802,57447,512,16139,299,28038,930,65723,494,0004,391,000
Net income
701k
-36.85%
738,5881,712-2,191,215-3,050,807-619,548463,1163,140,9351,004,316170,1581,703,3901,706,198152,486631,547-2,857,0002,172,365230,000-4,638,462-8,530,6651,110,000701,000
CFO
-7m
L-14.57%
-2,118,126-1,352,2241,027,810-754,722930,962-237,4841,682,35364,428-1,105,9482,552,0361,016,587-710,000187,454444,765171,017-2,011,930-330,272548,000-8,556,000-7,309,000

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Profile

The Singing Machine Company, Inc., operating with its various subsidiaries, specializes in the design, promotion, and distribution of consumer karaoke sound systems, related accessories, and digital music content. Its market reach spans North America, Europe, and Australia. The company's diverse product portfolio includes its flagship 'Singing Machine' branded karaoke devices, licensed 'Carpool Karaoke' microphones, and 'Party Machine' microphone accessories and portable Bluetooth microphones. For younger enthusiasts, it provides 'Singing Machine Kids' entertainment systems. Beyond hardware, it offers comprehensive digital karaoke services, such as subscription platforms for iOS and Android, a dedicated web download store, and integrated streaming capabilities for its devices. Its sales strategy largely targets a wide array of retail channels, encompassing major national chains, wholesale clubs, department stores, lifestyle boutiques, and specialized outlets. Additionally, it reaches customers through direct mail catalogs and showrooms. Established in 1982, the enterprise maintains its corporate headquarters in Fort Lauderdale, Florida.

Key people

Bernardo Melo
Vice President - Global Sales and Marketing · since 2008
Lionel Marquis
Chief Financial Officer, Controller · since 2012
Peter Hon
Director · since 2007
Joseph Kling
Director · since 2017
Yat Tung Tung Lau
Director · since 2007
Phillip Lau
Chairman of the Board · since 2015
Harvey Judkowitz
Independent Director · since 2004
IPO date
Nov 10, 1994
Employees
32
Domiciled in
US
Incorporated in
US

Valuation

Title
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