The Singing Machine Company, Inc. (MICS)

USD 0.74

(1.89%)

Annual Income Statements

(In USD)
Breakdown 2023 2023 2022 2021 2020 2019
Revenue 38.93 Million 39.29 Million 47.51 Million 45.8 Million 41.41 Million 46.48 Million
Cost of Revenue 30.67 Million 30.09 Million 36.69 Million 33.5 Million 30.32 Million 34.7 Million
Gross Profit 8.25 Million 9.2 Million 10.81 Million 12.29 Million 11.09 Million 11.77 Million
Operating Expenses 16.38 Million 12.9 Million 10.74 Million 10.8 Million 14.03 Million 11.16 Million
Selling, General and Administrative Expenses 16.44 Million 12.67 Million 10.49 Million 10.5 Million 13.76 Million 10.9 Million
Research and Development Expenses - 100 Thousand 100 Thousand 100 Thousand 100 Thousand 100 Thousand
Other Expenses - 228 Thousand 245.89 Thousand 298.35 Thousand 269.1 Thousand 259.66 Thousand
Cost and Expenses 47.06 Million 42.99 Million 47.44 Million 44.31 Million 44.36 Million 45.87 Million
Operating Income -8.19 Million -3.69 Million 35.42 Thousand 1.42 Million -2.94 Million 1.04 Million
Interest Expense - 432.7 Thousand 535.2 Thousand 412.27 Thousand 240.7 Thousand 244.59 Thousand
Income Tax Expense 1.03 Million 1.03 Million 57.3 Thousand 456.86 Thousand -641.81 Thousand 159.48 Thousand
Earnings before Tax -8.53 Million -3.6 Million 287.77 Thousand 2.62 Million -3.49 Million 791.02 Thousand
Net Income -8.53 Million -4.63 Million 230 Thousand 2.17 Million -2.85 Million 631.54 Thousand
Earnings Per Share Basic -1.76 -1.65 0.14 1.68 -2.22 0.49
Earnings Per Share Diluted -1.75 -1.65 0.14 1.67 -2.22 0.48
Weighted Average Shares Outstanding 4.84 Million 2.81 Million 1.61 Million 1.29 Million 1.28 Million 1.27 Million
Weighted Average Shares Outstanding (Diluted) 4.86 Million 2.81 Million 1.62 Million 1.3 Million 1.28 Million 1.3 Million
Gross Margin 0.21 0.23 0.23 0.27 0.27 0.25
EBIT Margin -0.20 -0.07 0.01 0.04 -0.06 0.02
Profit Margin -0.22 -0.12 0.00 0.05 -0.07 0.01
EBITDA -7.8 Million -3.47 Million 281.31 Thousand 3.33 Million -2.97 Million 1.29 Million
Earnings Before Tax Margin -0.21 -0.09 0.00 0.03 -0.07 0.02

Income Statement Charts