The Singing Machine Company Inc. (MICS)

NASDAQ: MICS · IEX Real-Time Price · USD
7.54
+0.12 (1.62%)
At close: Aug 10, 2022 3:46 PM
7.50
-0.04 (-0.53%)
After-hours: Aug 10, 2022 5:55 PM EDT

Total Valuation

MICS has a market cap or net worth of $22.75 million. The enterprise value is $24.88 million.

Market Cap 22.75M
Enterprise Value 24.88M

Important Dates

The next earnings date is Monday, August 15, 2022, before market open.

Estimated Earnings Date Aug 15, 2022
Ex-Dividend Date May 24, 2022

Share Statistics

MICS has 3.02 million shares outstanding. The number of shares has increased by 35.76% in one year.

Shares Outstanding 3.02M
Shares Change (YoY) +35.76%
Shares Change (QoQ) -0.06%
Owned by Insiders (%) 68.99%
Owned by Institutions (%) 7.45%
Float 600,975

Valuation Ratios

PE Ratio 53.86
Forward PE n/a
PS Ratio 0.48
Forward PS n/a
PB Ratio 2.27
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 107.96
EV / Sales 0.52
EV / EBITDA 23.28
EV / EBIT 30.23
EV / FCF n/a

Financial Position

The company has a current ratio of 1.65, with a Debt / Equity ratio of 0.44.

Current Ratio 1.65
Quick Ratio 0.44
Debt / Equity 0.44
Debt / EBITDA 4.13
Debt / FCF n/a

Financial Efficiency

Return on equity (ROE) is 2.30% and return on invested capital (ROIC) is 6.30%.

Return on Equity (ROE) 2.30%
Return on Assets (ROA) 0.80%
Return on Capital (ROIC) 6.30%
Revenue Per Employee $1.48M
Profits Per Employee $7,202
Employee Count 32
Asset Turnover 1.67
Inventory Turnover 3.73

Taxes

In the past 12 months, MICS has paid $57,304 in taxes.

Income Tax 57,304
Effective Tax Rate 19.91%

Stock Price Statistics

The stock price has increased by +2,400.00% in the last 52 weeks. The beta is -0.41, so MICS's price volatility has been lower than the market average.

Beta (1Y) -0.41
52-Week Price Change +2,400.00%
50-Day Moving Average 8.08
200-Day Moving Average 6.83
Average Volume (30 Days) 365,933

Short Selling Information

The latest short interest is 158,231, so 5.24% of the outstanding shares have been sold short.

Short Interest 158,231
Short % of Shares Out 5.24%
Short % of Float 26.33%
Short Ratio (days to cover) 1.97

Income Statement

In the last 12 months, MICS had revenue of $47.51 million and earned 230,471 in profits. Earnings per share was $0.14.

Revenue 47.51M
Gross Profit 10.81M
Operating Income 69,235
Pretax Income 287,775
Net Income 230,471
EBITDA 1.07M
EBIT 822,977
Earnings Per Share (EPS) $0.14
Full Income Statement

Balance Sheet

The company has $2.29 million in cash and $4.42 million in debt, giving a net cash position of -$2.13 million or -$0.70 per share.

Cash & Cash Equivalents 2.29M
Total Debt 4.42M
Net Cash -2.13M
Net Cash Per Share -$0.70
Book Value 10.04M
Book Value Per Share 3.33
Working Capital 7.82M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$2.01 million and capital expenditures -$117,573, giving a free cash flow of -$2.13 million.

Operating Cash Flow -2.01M
Capital Expenditures -117,573
Free Cash Flow -2.13M
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 22.76%, with operating and profit margins of 0.15% and 0.49%.

Gross Margin 22.76%
Operating Margin 0.15%
Pretax Margin 0.61%
Profit Margin 0.49%
EBITDA Margin 2.25%
EBIT Margin 1.73%
FCF Margin -4.48%

Dividends & Yields

MICS does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 1.01%
FCF Yield -9.36%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -24.47%
Shareholder Yield -24.47%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Stock Forecasts

Stock Splits

The last stock split was on May 24, 2022. It was a reverse split with a ratio of 1:30.

Last Split Date May 24, 2022
Split Type Reverse
Split Ratio 1:30