Singing Machine (SMDM) Stock Price, News & Analysis

Company Overview

The Singing Machine Company, Inc. is a specialty consumer electronics provider focused on the design, marketing and distribution of home karaoke products and complementary audio accessories. Through its flagship Singing Machine™ brand, the company offers a broad array of dedicated karaoke players, portable audio systems, microphones, and lighting accessories that bring professional-style karaoke entertainment into consumer homes. Its product portfolio also includes licensed karaoke discs, CDs, and digital downloadable content featuring popular music catalogs, enabling users to sing along with on-screen lyrics.

In addition to traditional hardware offerings, the company has developed smartphone and tablet applications that allow seamless streaming of karaoke content, lyric synchronization and cloud-based music management. Its line of portable Bluetooth-enabled karaoke speakers and personal audio devices targets a growing market for at-home entertainment and social gatherings. The Singing Machine’s accessories, such as professional-grade microphones and disco light attachments, are designed to enhance the user experience and differentiate its product range from generic audio equipment.

Founded in the early 1980s, The Singing Machine Company has evolved from a single karaoke machine manufacturer into a global provider of home entertainment solutions. It serves markets in North America, Europe and select regions of Asia and Latin America through major retail partnerships, e-commerce platforms and distribution agreements. Over the years, the company has secured licensing arrangements with leading music publishers to expand its karaoke library and has leveraged digital channels to meet shifting consumer preferences for downloadable and streaming content.

Led by an experienced management team with backgrounds in consumer electronics, audio technology and entertainment licensing, The Singing Machine Company continues to pursue product innovation and strategic collaborations. Its ongoing investment in digital content delivery, combined with a focus on user-friendly design and home entertainment trends, positions the company to capitalize on the increasing demand for interactive audiovisual experiences.

Key Stats

• Today's Range: $0.19 to $0.21
• 50-Day Range: $0.19 to $0.19
• 52-Week Range: $0.13 to $0.49
• Volume: 426,400 shs
• Average Volume: 101,517 shs
• Market Capitalization: $6.83 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SMDM Stock Analysis - Frequently Asked Questions

How have SMDM shares performed this year?

Singing Machine's stock was trading at $0.1865 at the start of the year. Since then, SMDM stock has increased by 0.0% and is now trading at $0.1865.

How were Singing Machine's earnings last quarter?

The Singing Machine Company, Inc. (OTCMKTS:SMDM) announced its quarterly earnings results on Tuesday, August, 14th. The company reported ($0.90) earnings per share for the quarter. The firm earned $1.84 million during the quarter. Singing Machine had a net margin of 1.67% and a trailing twelve-month return on equity of 8.48%.

When did Singing Machine's stock split?

Singing Machine's stock reverse split on the morning of Tuesday, May 24th 2022.The 1-30 reverse split was announced on Tuesday, May 24th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 24th 2022. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

How do I buy shares of Singing Machine?

Shares of SMDM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Singing Machine own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Singing Machine investors own include Aerogrow International (AERO), Amyris (AMRS), Alpine Immune Sciences (ALPN), Bloom Energy (BE), Bedrocan Cannabis (BED), GE Aerospace (GE) and Groupon (GRPN).

Company Calendar

• Last Earnings: 8/14/2018
• Today: 7/14/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Discretionary
• Industry: Prerecorded Records & Tapes
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:SMDM
• CIK: 923601
• Web: www.singingmachine.com
• Phone: (954) 596-1000
• Fax: 954-596-2000
• Employees: 33
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $2.17 million
• Net Margins: 1.67%
• Pretax Margin: 1.04%
• Return on Equity: 8.48%
• Return on Assets: 2.98%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.46
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $45.80 million
• Price / Sales: 0.15
• Cash Flow: $0.06 per share
• Price / Cash Flow: 3.08
• Book Value: $0.20 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 36,636,000
• Free Float: 34,328,000
• Market Cap: $6.83 million
• Optionable: Not Optionable
• Beta: 0.81