Grom Social Enterprises, Inc. (GROM)

NASDAQ: GROM · IEX Real-Time Price · USD
1.22
+0.08 (7.02%)
Nov 29, 2023, 10:00 AM EST - Market open
7.02%
Market Cap 1.66M
Revenue (ttm) 4.70M
Net Income (ttm) -14.78M
Shares Out 1.40M
EPS (ttm) -181.20
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 20,460
Open 1.15
Previous Close 1.14
Day's Range 1.15 - 1.22
52-Week Range 1.01 - 108.00
Beta 0.97
Analysts Strong Buy
Price Target 12.00 (+883.61%)
Earnings Date Dec 12, 2023

About GROM

Grom Social Enterprises, Inc., through its subsidiaries, operates as a media, technology, and entertainment company that focuses on delivering content in the United States. 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 entertainment properties and associated business opportunities. Grom Social Enterpr... [Read more]

Founded 2012
Employees 90
Stock Exchange NASDAQ
Ticker Symbol GROM
Full Company Profile

Financial Performance

In 2022, GROM's revenue was $5.43 million, a decrease of -13.84% compared to the previous year's $6.30 million. Losses were -$17.07 million, 60.8% more than in 2021.

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
(883.61% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

6 days 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 days 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)...

20 days 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)...

4 weeks 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...

5 weeks 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...

7 weeks 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
2 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 ...

2 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 ...

2 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”...

2 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...

2 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...

3 months ago - GlobeNewsWire

Curiosity Ink Media Enhances Holiday-Focused E-Commerce Destination, SANTA.COM

Innovative Digital Platform Provides Solutions to Holiday  Planning, Decorating, Cooking and Entertaining

3 months ago - GlobeNewsWire

Grom's Curiosity Ink Media Enters Production on New Global Preschool Entertainment Franchise, Hey Fuzzy Yellow!

Curiosity Ink Media Commences Production on Season One of Groundbreaking Preschool Series with Broad Brand Extension Opportunities – for Early 2025 Release Curiosity Ink Media Commences Production on ...

4 months ago - GlobeNewsWire

Grom's Curiosity Ink Media and Dynamite Entertainment Bring Four Children's Titles to Booksellers Everywhere in Time for the Holidays!

BOCA RATON, Fla., June 26, 2023 (GLOBE NEWSWIRE) -- Curiosity Ink Media – Grom Social Enterprises, Inc.'s (NASDAQ: GROM) storytelling division, and its printed content partner, Dynamite Entertainment ...

5 months ago - GlobeNewsWire

Grom's Curiosity Ink Media and Toon2Tango Earn Prestigious Award Nominations at Stuttgart International Festival of Animated Film for Santa.com Screenplay

BOCA RATON, Fla., April 27, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly ...

7 months ago - GlobeNewsWire

Grom's Curiosity Ink Media & WEP Announce Co-Production Partnership on Denver, The Last Dinosaur Feature Film

Denver Family Film Stomps its way onto Curiosity's Growing Movie Slate Denver Family Film Stomps its way onto Curiosity's Growing Movie Slate

7 months ago - GlobeNewsWire

Grom's Curiosity Ink Media Named Exclusive Licensing Agent for WEP's Beloved & Iconic Entertainment Property Denver, The Last Dinosaur

BOCA RATON, Fla., March 29, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly ...

8 months ago - GlobeNewsWire

Grom's Curiosity Ink Media Names Marketing & Tech Executive Savannah Brentnall to Lead Santa.com as Newly-Appointed General Manager

BOCA RATON, Fla., March 16, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ: GROM) (“Grom” or the “Company”), and Curiosity Ink Media, its Hollywood-based original intellectual property ...

9 months ago - GlobeNewsWire

Grom's Top Draw Animation Secures Assignment to Animate Bidaya Media's Hit Series, Mansour

Grom Subsidiary Tapped to Bring Animation Production Expertise to Second Season of Hit Emirati Kids' Comedy Series

9 months ago - GlobeNewsWire

Grom's Curiosity Ink Media & Toon2Tango Get Into the Holiday Spirit to Prepare Production on Animated Feature Film, Santa.com!

Action-Packed Adventure to Save Christmas Slated to Commence Production This Year Action-Packed Adventure to Save Christmas Slated to Commence Production This Year

10 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. Announces Pricing of $3.0 Million Private Placement Priced At-the-Market Per Nasdaq Rules

BOCA RATON, Fla., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-fri...

11 months ago - GlobeNewsWire

Grom's Curiosity Ink Media Secures Equity Stake in Emerging Global Franchise Entertainment Brand - Hey Fuzzy Yellow!

Curiosity and Global Production & Distribution Group – Toon2Tango – to Co-Produce Groundbreaking New Preschool Series with Broad Brand Extension Opportunities Curiosity and Global Production & Distrib...

11 months ago - GlobeNewsWire

Grom Social Enterprises Issues Shareholder Letter and Provides Corporate Update

BOCA RATON, Fla, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly pr...

11 months ago - GlobeNewsWire

Grom Social Enterprises, Inc. Announces Closing of $5.0 Million Public Offering

BOCA RATON, Fla., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (the “Company”), a media, technology and entertainment company dedicated to family-friendly prog...

1 year ago - GlobeNewsWire