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Singing Machine Company Inc
OTC:SMDM

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Singing Machine Company Inc Logo
Singing Machine Company Inc
OTC:SMDM
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Price: 7.6 USD -2.94%
Updated: May 2, 2024

Gross Margin
Singing Machine Company Inc

22.3%
Current
25%
Average
31.4%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.3%
=
Gross Profit
10.8m
/
Revenue
48.2m

Gross Margin Across Competitors

Country US
Market Cap 455.2m USD
Gross Margin
22%
Country JP
Market Cap 16.1T JPY
Gross Margin
32%
Country CH
Market Cap 31.4B USD
Gross Margin
57%
Country JP
Market Cap 3.2T JPY
Gross Margin
29%
Country CN
Market Cap 89.8B CNY
Gross Margin
13%
Country KR
Market Cap 14.9T KRW
Gross Margin
24%
Country IN
Market Cap 501B INR
Gross Margin
10%
Country CN
Market Cap 36.3B CNY
Gross Margin
17%
Country JP
Market Cap 566.8B JPY
Gross Margin
43%
Country CN
Market Cap 25.8B CNY
Gross Margin
12%
Country JP
Market Cap 541.8B JPY
Gross Margin
14%

Profitability Report

View the profitability report to see the full profitability analysis for Singing Machine Company Inc.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.3%
=
Gross Profit
10.8m
/
Revenue
48.2m
What is the Gross Margin of Singing Machine Company Inc?

Based on Singing Machine Company Inc's most recent financial statements, the company has Gross Margin of 22.3%.