Grom Social Enterprises, Inc. (GROM)

NASDAQ: GROM · IEX Real-Time Price · USD
0.363
-0.027 (-6.92%)
At close: Jul 2, 2024, 4:00 PM
0.374
+0.011 (3.14%)
After-hours: Jul 2, 2024, 5:26 PM EDT
-6.92%
Market Cap 3.27M
Revenue (ttm) 3.72M
Net Income (ttm) -15.09M
Shares Out 9.02M
EPS (ttm) -11.67
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,745
Open 0.365
Previous Close 0.390
Day's Range 0.362 - 0.430
52-Week Range 0.331 - 9.000
Beta 1.11
Analysts Strong Buy
Price Target 12.00 (+3,205.79%)
Earnings Date Aug 16, 2024

About GROM

Grom Social Enterprises, Inc., through its subsidiaries, operates as a media, technology, and entertainment company in the United States and Philippines. It operates through three segments: Animation, Original Content, and Social and Technology. The company operates a social media network for children under the age of 13 years. It also produces animated films and televisions series; and provides web filtering services to schools and government agencies, as well as acquires, develops, and builds commercial potential of kids and family entertainm... [Read more]

Founded 2012
Employees 86
Stock Exchange NASDAQ
Ticker Symbol GROM
Full Company Profile

Financial Performance

In 2023, GROM's revenue was $4.04 million, a decrease of -25.53% compared to the previous year's $5.43 million. Losses were -$13.27 million, -22.25% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for GROM stock is "Strong Buy" and the 12-month stock price forecast is $12.0.

Price Target
$12.0
(3,205.79% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Arctic7 Announces Involvement in Major 2024 Film & TV Releases

Narwhal Studios, a wholly owned subsidiary of Arctic7, reveals its role in the highly anticipated David Ayer TV project ‘Lollipop' and Francis Ford Coppola movie ‘Megalopolis' Narwhal Studios, a wholl...

8 days ago - GlobeNewsWire

Redesigned Grom Social App, Debuting This Summer, to Feature Custom Avatars Offering Kids Tips on Responsible Social Media Behavior Utilizing Grom Educational's Digital Citizenship License (DCL) Course

BOCA RATON, Fla., May 22, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM Gromsocial.com , a leading provider of family-friendly media, and technology solutions, today announced t...

5 weeks ago - GlobeNewsWire

Top Draw Animation Secures New Assignments – Including Largest Single Contract Ever – as Grom Subsidiary Earns Over $2.9MM to Bring Animated Series' to Life

BOCA RATON, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly pro...

2 months ago - GlobeNewsWire

Grom Social Enterprises Working Towards Definitive Documents Phase of Acquisition of Texas-based Arctic7 Full Gaming Developer

BOCA RATON, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM), a leading provider of family-friendly media and technology solutions, today announced that it has ent...

2 months ago - GlobeNewsWire

Former Technicolor Animation & Games Production VP Cyrus Mistry Named Chief Operating Officer for Grom's Award-winning Manila-based Studio, Top Draw Animation

BOCA RATON, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- Top Draw Animation (TDA), a leading global supplier of  premium 2D animation production services, and award-winning division of Grom Social Enterpr...

2 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. and Arctic7 Launch Synergy Council to Explore Cross-Division Gaming Production Opportunities

BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc (NASDAQ: GROM), which recently announced that it has entered into a Letter of Intent (LOI) to acquire Arctic7, the Aus...

3 months ago - GlobeNewsWire

Arctic7 Set To Be Acquired By Media, Technology & Entertainment Company Grom Social Enterprises, Inc

Florida-based, NASDAQ-listed entertainment provider enters into Letter of Intent to  acquire Arctic7 to broaden its portfolio of offerings Arctic7 bolsters strategy to become a leader in the intersect...

3 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. to Further Expand Entertainment Offerings Through Gaming as it Enters Into Letter of Intent to Acquire Leading Gaming Company, Arctic7

BOCA RATON, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) ("Grom" or the "Company"), a media, technology, and entertainment company dedicated to family-friendly...

4 months ago - GlobeNewsWire

Grom Social Enterprises To Spotlight Curiosity Ink Media's Catalog of Original IP and Top Draw Animation's Award-Winning Animation Production Services During Kidscreen 2024

BOCA RATON, Fla. , Jan. 31, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) confirmed today that it will deploy key executives from its Curiosity Ink Media and Top Draw Animation...

5 months ago - GlobeNewsWire

Santa.com Wraps Up 2023 Christmas Season With Gains Across Several Key Visitor Metrics

Year-Over-Year Growth Positions Grom's Digital Holiday Platform for Share of Record $222 Billion Domestic E-commerce Holiday Sales BOCA RATON, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Grom Social Enter...

5 months ago - GlobeNewsWire

Olympic Surfer Caroline Marks to Ride Wave of Support From Grom Social as Premiere App for Kids Cheers its Original Ambassador on to the Paris 2024 Games!

Marks Returns to US Women's Olympic Surfing Team as Americans Look to Make Waves at French Polynesia During Summer Olympics Marks Returns to US Women's Olympic Surfing Team as Americans Look to Make W...

6 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. Announces Closing of $4.0 Million Private Placement

BOCA RATON, Fla., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-fri...

6 months ago - GlobeNewsWire

Curiosity Ink Media's Santa.com Partners With Leading Holiday Consumer Products Brand, American Greetings

BOCA RATON, Fla., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Curiosity Ink Media , the original storytelling and Intellectual Property (IP)-generating subsidiary of Grom Social Enterprises, Inc. (NASDAQ: GROM)...

7 months ago - GlobeNewsWire

CORRECTION - Grom Social Enterprises, Inc. Signs $8.0 Million Convertible Notes Financing Agreement

BOCA RATON, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW), please note that information in th...

7 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. Signs $8.0 Million Convertible Notes Financing Agreement

BOCA RATON, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (“Grom” or the “Company”), a media, technology, and entertainment company dedicated to family-fr...

7 months ago - GlobeNewsWire

Curiosity Ink Media's Santa.com Simplifies Prep for Holiday Festivities With Countdown Planning Calendar

BOCA RATON, Fla., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Curiosity Ink Media , the original storytelling and Intellectual Property (IP)-generating subsidiary of Grom Social Enterprises, Inc. (NASDAQ: GROM)...

8 months ago - GlobeNewsWire

Curiosity Ink Media and Dynamite Entertainment Spread Joy This Holiday Season With Four New, Family-Friendly Publishing Titles

BOCA RATON, Fla., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Curiosity Ink Media , the original storytelling and Intellectual Property (IP)-generating subsidiary of Grom Social Enterprises, Inc. (NASDAQ: GROM)...

8 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. Announces Strategic Alliance with the Joint Commission on Interdenominational Relations

BOCA RATON, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM), a media, technology, and entertainment company dedicated to family-friendly programming, web filtering...

8 months ago - GlobeNewsWire

Curiosity Ink Media Lays Foundation for Fun: Announces Major Cats vs Pickles Licensing Deal With Well Played Toys

Licensing Agreement to Construct a Diverse Collection, Expanding the Cats vs Pickles Universe with Innovative Construction, Non-plush Collectibles, and Novelty Toy Lines in Q2 2024 Licensing Agreement...

9 months ago - GlobeNewsWire

Top 4 Tech And Telecom Stocks That May Rocket Higher This Quarter - Cuentas (NASDAQ:CUEN), Grom Social Enterprises (NASDAQ:GROM)

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: CUENLQRLYT
9 months ago - Benzinga

Grom's Award-winning Top Draw Animation Division Featured in CNN Philippines' Creative PH Special Examining Global Influence of Filipino Creative Industries

BOCA RATON, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Top Draw Animation (TDA), a leading source of premium animation production services for programming shown around the world, and a division of Grom ...

9 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. Announces Closing of $3.0 Million Public Offering

BOCA RATON, Fla., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (the “Company”), today closed its previously announced underwritten public offering of 946,000 ...

10 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. Announces Pricing of $3.0 Million Public Offering

BOCA RATON, Fla., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (the “Company”), today announced the pricing of a public offering of 946,000 units (the “Units”...

10 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. Announces 1-for-20 Reverse Stock Split

BOCA RATON, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (the “Company”), a media, technology, and entertainment company dedicated to family-friendly programmi...

10 months ago - GlobeNewsWire

Grom's Top Draw Animation Subsidiary Secures Over $1.2 MM in New Production Assignments

Adds to the Value of the Manila-Based Studio's Production Assignments Already Underway of $2.2MM as of June 30, 2023 Adds to the Value of the Manila-Based Studio's Production Assignments Already Under...

11 months ago - GlobeNewsWire