The Singing Machine Company, Inc.

The Singing Machine Company, Inc.verified

MICS

Price:

$0.74

Market Cap:

$7.21M

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 music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The...[Read more]

Industry

Consumer Electronics

IPO Date

2022-05-24

Stock Exchange

NASDAQ

Ticker

MICS

The ROE as of September 2024 (TTM) for The Singing Machine Company, Inc. (MICS) is -229.93%

According to The Singing Machine Company, Inc.’s latest financial reports and current stock price. The company's current ROE is -229.93%. This represents a change of -252.22% compared to the average of 151.05% of the last 4 quarters.

The Singing Machine Company, Inc. (MICS) Historical ROE (quarterly & annually)

How has MICS ROE performed in the past?

The mean historical ROE of The Singing Machine Company, Inc. over the last ten years is -11.12%. The current -229.93% ROE has changed 1.97% with respect to the historical average. Over the past ten years (40 quarters), MICS's ROE was at its highest in in the June 2024 quarter at 701.72%. The ROE was at its lowest in in the December 2023 quarter at -53.26%.

Quarterly (TTM)
Annual

Average

-11.12%

Median

3.31%

Minimum

-112.57%

Maximum

30.13%

The Singing Machine Company, Inc. (MICS) ROE by Quarter and Year

Discovering the peaks and valleys of The Singing Machine Company, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 595.16%

Maximum Annual ROE = 30.13%

Minimum Annual Increase = -2059.21%

Minimum Annual ROE = -112.57%

Quarterly (TTM)
Annual
YearROEChange
2023-112.57%150.73%
2023-44.90%-2059.21%
20222.29%-91.66%
202127.47%-154.68%
2020-50.23%-776.03%
20197.43%280.33%
20181.95%-91.48%
201722.93%-23.90%
201630.13%595.16%
20154.33%-83.99%

The Singing Machine Company, Inc. (MICS) Average ROE

How has MICS ROE performed in the past?

The current ROE of The Singing Machine Company, Inc. (MICS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-51.73%

5-year avg

-35.59%

10-year avg

-11.12%

The Singing Machine Company, Inc. (MICS) ROE vs. Peers

How is MICS’s ROE compared to its peers?

The Singing Machine Company, Inc.’s ROE is greater than Koss Corporation (-3.04%), less than Emerson Radio Corp. (1.39%), greater than Wearable Devices Ltd. (-118.69%), greater than Zepp Health Corporation (-6.29%), greater than Wearable Devices Ltd. (-118.69%), less than Apple Inc. (147.15%), greater than Sonos, Inc. (-3.15%), greater than United Time Technology Co., Ltd. (-160.65%), greater than LG Display Co., Ltd. (-25.45%), greater than GoPro, Inc. (-103.12%), less than Sony Group Corporation (0%), less than VIZIO Holding Corp. (13.18%), less than Universal Electronics Inc. (3.38%), greater than null (-25.11%),

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