MICS Stock Overview
The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
The Singing Machine Company, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.88 |
| 52 Week High | US$2.66 |
| 52 Week Low | US$0.61 |
| Beta | -0.0089 |
| 1 Month Change | -16.98% |
| 3 Month Change | 17.44% |
| 1 Year Change | -40.23% |
| 3 Year Change | -93.38% |
| 5 Year Change | -91.85% |
| Change since IPO | -99.90% |
Recent News & Updates
Recent updates
Market Might Still Lack Some Conviction On The Singing Machine Company, Inc. (NASDAQ:MICS) Even After 46% Share Price Boost
Feb 28
The Singing Machine Company, Inc.'s (NASDAQ:MICS) Share Price Could Signal Some Risk
Nov 14Singing Machine to secure up to $15M financing from Fifth Third Bank
Oct 18Singing Machine announces new fall partnership with Sam’s Club for Fall 2022
Sep 20Singing Machine GAAP EPS of -$0.01, revenue of $11.69M
Aug 22Singing Machine GAAP EPS of $0.14, revenue of $47.51M
Jul 14Shareholder Returns
| MICS | US Consumer Durables | US Market | |
|---|---|---|---|
| 7D | 12.2% | -4.6% | -3.2% |
| 1Y | -40.2% | 29.2% | 19.3% |
Return vs Industry: MICS underperformed the US Consumer Durables industry which returned 29.2% over the past year.
Return vs Market: MICS underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| MICS volatility | |
|---|---|
| MICS Average Weekly Movement | 16.5% |
| Consumer Durables Industry Average Movement | 5.9% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: MICS's share price has been volatile over the past 3 months.
Volatility Over Time: MICS's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 27 | Gary Atkinson | singingmachine.com |
The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and accessories, and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; connected vehicle karaoke devices; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms.
The Singing Machine Company, Inc. Fundamentals Summary
| MICS fundamental statistics | |
|---|---|
| Market cap | US$5.65m |
| Earnings (TTM) | -US$8.53m |
| Revenue (TTM) | US$38.93m |
0.1x
P/S Ratio-0.7x
P/E RatioIs MICS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MICS income statement (TTM) | |
|---|---|
| Revenue | US$38.93m |
| Cost of Revenue | US$30.68m |
| Gross Profit | US$8.25m |
| Other Expenses | US$16.78m |
| Earnings | -US$8.53m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.33 |
| Gross Margin | 21.20% |
| Net Profit Margin | -21.91% |
| Debt/Equity Ratio | 0% |
How did MICS perform over the long term?
See historical performance and comparison