Singing Machine Revenue, Profits - SMDM Annual Income Statement

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$0.43 $0.01 (2.27%) SMDM stock closing price Sep 18, 2017 (Closing)

Financial analysis of Singing Machine involves more than just checking the Singing Machine stock price, by looking at the financial statements of the company in detail. The income statement is a summary of the revenue or sales, expenses and profitability (shown as Net Income) or lack of it. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the SMDM stock is bound to reflect the impact of the YoY growth of $4.06M. The operating expenses (also check: Singing Machine assets and Singing Machine free cash flow) as shown in the Singing Machine profit and loss statement 2017 total to $49.92M. This line item shows increased from $46.9M compared with last year. Singing Machine revenue for 2017 is 52.91M. View revenue and profit details for latest and last 10 financial years.

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Quarterly
Annual
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Fiscal year is Apr - Mar.2017201620152014201320122011201020092008
Singing Machine Net Sales or Revenues
52.91M48.85M39.3M31.37M34.43M25.94M19.16M21.27M31.78M34.06M
Cost Of Goods Sold (COGS)39.08M36.93M30.99M24.27M26.36M20.29M14.92M17.29M25.83M26.38M
Singing Machine Gross Profit
13.83M11.91M8.31M7.1M8.06M5.65M4.24M3.98M5.94M7.67M
Research & Development Expense----------
Selling General & Admin Expense10.68M9.8M7.61M6.65M6.38M5M4.41M6.5M7.5M7.21M
Income Before Depreciation Depletion Amortization3.15M2.1M0.69M0.44M1.68M0.64M-0.16M-2.51M-1.56M0.46M
Depreciation Depletion Amortization0.16M0.17M0.13M0.16M0.11M0.17M0.43M0.43M0.45M0.31M
Non Operating Income-0.07M-0.07M-0.05M-------0.02M
Interest Expense0.18M0.26M0.25M0.05M0.04M0.01M0.02M0.09M0.13M0.12M
Singing Machine Pretax Income
2.72M1.6M0.26M0.22M1.52M0.46M-0.61M-3.05M-2.15M-
Provision for Income Taxes1.01M-0.1M0.09M-0.77M-1.61M---0.03M-
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.7M1.7M0.17M1M3.14M0.46M-0.61M-3.05M-2.19M-
Extraordinary Items & Discontinued Operations----------
Singing Machine Net Income (Profit/Loss)
1.7M1.7M0.17M1M3.14M0.46M-0.61M-3.05M-2.19M-
Average Shares used to compute Diluted EPS39.42M38.6M38.6M-38.36M37.88M37.75M37.52M32.71M30.91B
Average Shares used to compute Basic EPS38.24M38.15M38.1M-37.97M37.88M37.73M37.52M32.71M29.93B
Income Before Nonrecurring Items1.71M1.7M0.17M-3.14M0.46M-0.62M-3.05M-2.19M1.71M
Income from Nonrecurring Items----------
Singing Machine Earnings Per Share Basic Net
0.040.04-0.030.080.01-0.02-0.08-0.07-
Singing Machine Earnings Per Share Diluted Net
0.040.04--0.080.01-0.02-0.08-0.07-
EPS Diluted Before Nonrecurring Items0.040.04--0.080.01-0.02-0.08-0.07-
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common----------
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Singing Machine stock analysis. An investor must check the following items in an income statement:
  • Topline: A growing topline, as seen from the Singing Machine revenue chart, as is the case with Singing Machine indicates a growing business. One needs to compare the QoQ or YoY topline or sales growth of SMDM stock with its peers like LRAD stock and MSN stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $1.7M for Singing Machine for 2017. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called the profit and loss statement. Apart from the SMDM income statement, one can check the Singing Machine historical stock prices to check how the price has moved with time .

Singing Machine Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
10.75
PS Ratio (price sales ratio)
0.32
Dividend Yield
0%