The Singing Machine Company, Inc. (MICS)

NASDAQ: MICS · IEX Real-Time Price · USD
2.13
-0.27 (-11.25%)
Mar 21, 2023, 3:57 PM EDT - Market closed
-11.25%
Market Cap 6.72M
Revenue (ttm) 38.75M
Net Income (ttm) -3.42M
Shares Out 3.15M
EPS (ttm) -1.61
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 26,932
Open 2.49
Previous Close 2.40
Day's Range 2.10 - 2.49
52-Week Range 2.10 - 10.10
Beta -0.15
Analysts n/a
Price Target n/a
Earnings Date Feb 21, 2023

About MICS

The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Europe, and Australia. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone accessories and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; and karaoke mu... [Read more]

Sector Technology
IPO Date Nov 10, 1994
Employees 32
Stock Exchange NASDAQ
Ticker Symbol MICS
Full Company Profile

Financial Performance

In 2022, MICS's revenue was $47.51 million, an increase of 3.73% compared to the previous year's $45.80 million. Earnings were $230,471, a decrease of -89.39%.

Financial Statements

News

Singing Machine's Products Announced as Winners in Rolling Stone Audio Awards

Fort Lauderdale, FL, March 20, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Compa ny, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products – tod...

1 day ago - GlobeNewsWire

Singing Machine to Announce its Financial Results for the Third Quarter Fiscal 2023

Fort Lauderdale, FL, Feb. 16, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -...

1 month ago - GlobeNewsWire

Stingray Reports Third Quarter Results for Fiscal 2023 Adjusted EBITDA(2) for the Broadcasting and Commercial Music Division up by 54.8%

MONTREAL, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Stingray Group Inc. (TSX: RAY.A; RAY.B) (the “Corporation”; “Stingray”), a leading distributor of audio and video music brands in the world, announced today...

1 month ago - GlobeNewsWire

Singing Machine and Stingray Announce First Globally Available Fully-Integrated Automotive Karaoke System

The In-Car Karaoke Solution Will Debut in Booth #17293 at CES

2 months ago - GlobeNewsWire

Singing Machine to Announce its Financial Results for the Second Quarter Fiscal 2023

Fort Lauderdale, FL, Nov. 10, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -...

4 months ago - GlobeNewsWire

Singing Machine Company Secures $15.0 Million Senior Secured Financing with Fifth Third Bank.

Fort Lauderdale, FL, Oct. 18, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company (“Singing Machine” or the “Company”) (NASDAQ: MICS) has entered into an agreement for senior secured financing with F...

5 months ago - GlobeNewsWire

Singing Machine Announces Key New Updates to Subscription Karaoke App for Fall and Holidays

New Update to Karaoke Music Subscription App to include Official Cover Art and Thousands of New Karaoke Songs

5 months ago - GlobeNewsWire

NERV, FAZE: The Top 5 Short Squeeze Stocks This Week

Source: Shutterstock Short squeeze stocks are still worth keeping track of as traders look for potential gains this week! This has us turning to Fintel and its Short Squeeze Leaderboard for the latest...

Other symbols: FAZENERVGETYPETZ
6 months ago - InvestorPlace

Singing Machine Announces New Fall Partnership with Sam's Club for Fall 2022

Showcases Market Leading Karaoke Product Offerings, Best-in-Class Technology; Positioned to Enhance Holiday Retail Sales

6 months ago - GlobeNewsWire

ATHX, PETS: The Top 5 Short Squeeze Stocks to Watch This Week

Source: g0d4ather / Shutterstock.com We're starting off another week with a deep dive into the short squeeze stocks to watch! Short squeeze stocks have been popular with traders in recent months as th...

Other symbols: ATHXPETZGLSIWEBR
6 months ago - InvestorPlace

Singing Machine Announces Associate Sponsorship of Paretta Autosport for INDYCAR's Firestone Grand Prix of Monterey

Paretta Autosport Welcomes Worldwide Leader in Home Karaoke, Singing Machine, to the Firestone Grand Prix

6 months ago - GlobeNewsWire

FAZE, PETZ: The Top 5 Short Squeeze Stocks to Watch This Week

Source: Shutterstock Short squeeze stocks continue to be of interest to traders and we've got a list of the latest they need to know about this week. Our list comes from Fintel and its Short Squeeze L...

Other symbols: FAZEAPRNPETZWEBR
7 months ago - InvestorPlace

MICS, REV: The Top 5 Short Squeeze Stocks to Watch This Week

Source: Shutterstock Investors looking for the most likely short squeeze stocks to watch this week are in the right place! We're going over a list of the top five short squeeze stocks that investors w...

7 months ago - InvestorPlace

Singing Machine Announces 92% Increase in First Quarter Revenues

Company delivers over $11 million of karaoke products in first quarter despite challenging retail environment

7 months ago - GlobeNewsWire

Singing Machine to Announce its Financial Results for the First Quarter Fiscal 2023

Fort Lauderdale, FL, Aug. 16, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -...

7 months ago - GlobeNewsWire

TBLT, USWS: The Top 5 Short Squeeze Stocks to Watch This Week

Source: Shutterstock We're diving into the top short squeeze stocks that traders will want to keep an eye on this week! Short-squeeze stocks are popular with a certain brand of traders.

Other symbols: TBLTHOURNN
7 months ago - InvestorPlace

Singing Machine Elects to Expand its Board of Directors

The Company adds two officers from its majority shareholder, BitNile Holdings , and one member from its management team to the Board

8 months ago - GlobeNewsWire

Singing Machine Announces Launch of Proprietary Pitch Lab™ Technology

Professional Quality Vocal Enhancements Designed for Diverse, Higher-End Karaoke Experiences

8 months ago - GlobeNewsWire

REV, CSSE: The Top 5 Short Squeeze Stocks to Watch This Week

Short squeeze stocks are still hot among retail traders and we're helping them out with a list of companies to watch this week! The post REV, CSSE: The Top 5 Short Squeeze Stocks to Watch This Week ap...

Other symbols: BHATCSSEHTGM
8 months ago - InvestorPlace

Singing Machine Announces Full Year Fiscal 2022 Results

Singing Machine Reports $47.5 million in net sales; $ 0. 14 EPS

8 months ago - GlobeNewsWire

Singing Machine to Announce its Financial Results for the Full Fiscal 2022 Year

Fort Lauderdale, FL, July 11, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products -...

9 months ago - GlobeNewsWire

MICS, AERC: 5 Top Short Squeeze Stocks to Watch

With a new week comes all of the latest short-squeeze stocks that investors are going to want to keep an eye on and we've got a list to help! The post MICS, AERC: 5 Top Short Squeeze Stocks to Watch a...

Other symbols: AUVIBHAT
9 months ago - InvestorPlace

Aegis Capital Corp. Acted as Sole Bookrunner on a $4 Million Underwritten Public Offering & Uplisting for The Singing Machine Company, Inc. (NASDAQ:MICS)

NEW YORK, NY / ACCESSWIRE / May 26, 2022 / Aegis Capital Corp. acted as Sole Bookrunner on a $4 Million Underwritten Public Offering & Uplisting for The Singing Machine Company, Inc. (NASDAQ:MICS). Ab...

10 months ago - Accesswire

Jay Foreman Joins Singing Machine Board of Directors

Fort Lauderdale, FL, May 26, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS) -- the North American leader in consumer karaoke products – ...

10 months ago - GlobeNewsWire

Singing Machine Announces Closing of $4 Million Public Offering and Uplisting to the Nasdaq Capital Market

Fort Lauderdale, FL, May 26, 2022 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (Nasdaq: MICS) – the worldwide leader in consumer karaoke products, today a...

10 months ago - GlobeNewsWire