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GROM (Grom Social Enterprises) Net Margin % : -453.20% (As of Mar. 2024)


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What is Grom Social Enterprises Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grom Social Enterprises's Net Income for the three months ended in Mar. 2024 was $-3.96 Mil. Grom Social Enterprises's Revenue for the three months ended in Mar. 2024 was $0.87 Mil. Therefore, Grom Social Enterprises's net margin for the quarter that ended in Mar. 2024 was -453.20%.

The historical rank and industry rank for Grom Social Enterprises's Net Margin % or its related term are showing as below:

GROM' s Net Margin % Range Over the Past 10 Years
Min: -579.71   Med: -161.21   Max: -55.33
Current: -386.11


GROM's Net Margin % is ranked worse than
95.64% of 573 companies
in the Interactive Media industry
Industry Median: -0.65 vs GROM: -386.11

Grom Social Enterprises Net Margin % Historical Data

The historical data trend for Grom Social Enterprises's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Grom Social Enterprises Net Margin % Chart

Grom Social Enterprises Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only -55.33 -93.23 -161.21 -300.96 -310.00

Grom Social Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -178.67 -231.59 -190.31 -691.04 -453.20

Competitive Comparison of Grom Social Enterprises's Net Margin %

For the Internet Content & Information subindustry, Grom Social Enterprises's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grom Social Enterprises's Net Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Grom Social Enterprises's Net Margin % distribution charts can be found below:

* The bar in red indicates where Grom Social Enterprises's Net Margin % falls into.



Grom Social Enterprises Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Grom Social Enterprises's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-12.527/4.041
=-310.00 %

Grom Social Enterprises's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-3.961/0.874
=-453.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grom Social Enterprises  (OTCPK:GROM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Grom Social Enterprises Net Margin % Related Terms

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Grom Social Enterprises Business Description

Traded in Other Exchanges
N/A
Address
2060 NW Boca Raton Boulevard, Suite 6, Boca Raton, FL, USA, 33431
Grom Social Enterprises Inc is a social media, technology, and entertainment company for kids focused on producing original content. In addition to providing a social media platform, the company creates content consisting of animated characters, interactive charts, videos, blogs, and games. It has three reportable business segments: Animation, which includes TDH; Original Content, which includes CIM; and Social & Technology, which includes GSOC and GEDU. The majority of its revenue is from the Animation segment.
Executives
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Jason Allen Williams officer: CFO, Secretary and Treasurer 1649 NORTHWEST 136TH AVENUE, SUNRISE FL 33323
Robert Stevens director C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD., #6, BOCA RATON FL 33431
Norman Steven Rosenthal director 14 TRAILS END ROAD, WILTON CT 06897-3330
Wayne Dearing officer: President of TD Holdings Ltd. C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, #6, BOCA RATON FL 33431
Thomas J. Rutherford director 16205 TALAVERA DE AVILA, TAMPA FL 33613
Melvin Leiner director, 10 percent owner C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE 6, BOCA RATON FL 33431
Darren Marks director, 10 percent owner C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE #6, BOCA RATON FL 33431
Ismael Llera officer: CEO and CFO 2060 NW BOCA RATON BLVD, #6, BOCA RATON FL 33431
William Frederick Andrews officer: Chief Operating Officer 4721 NW 27TH AVENUE, BOCA RATON FL 33434