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Last Updated: Sunday, October 13, 2013 03:55:04 AM
Singing Machine Company, Inc. (The) SMDM Current Price and Quotes
Last Price 0.31
Previous Close 0.27 Open 0.28
Daily Range 0.31 - 0.27 52wk Range 0.385 - 0.08
Volume 15,500 Dividend N/A
Average Vol (3m) 8,779 Yield N/A
Singing Machine Company, Inc. (The) SMDM
Company Information
6301 NW 5th Way
Suite 2900
Fort Lauderdale, FL 33309
Website: http://www.singingmachine.com
Phone: 954-596-1000
Email: investors@singingmachine.com
Singing Machine Company, Inc. (The) SMDM
Incorporated in 1982, The Singing Machine Company develops and distributes a full line of consumer-oriented karaoke machines and music under The Singing Machine(TM), SMDigital(TM), SoundX(TM), and Sound X Kids(TM) and other brand names. The first to provide karaoke systems for home entertainment in the United States, The Singing Machine sells its products in North America, Europe and Australia. The Singing Machine is also the first to offer digital music downloads for play on home karaoke machi...
Singing Machine Company, Inc. (The) SMDM
Financial Reportings and Disclosures
Reporting Status U.S. Reporting: SEC Filer
Audited Financials Not Available
Latest Report Jun 30, 2013 10-Q
CIK 0000923601
Fiscal Year End 3/31
OTC Marketplace OTCQB
Profile Data
SIC - Industry Classification 3652 - Prerecorded records and tapes
Incorporated In: DE, USA
Year of Inc. Not Available
Employees Not Available
Company Officers/Contacts
Carol Lau CFO
Bernardo Melo VP, Sales & Mktg.
Gary Atkinson General Counsel, Secretary, Interim CEO
Lionel Marquis Corporate Controller
Company Directors
Not Available
Company Notes
Note=4-97 Company filed petition under Chapter XI of the Federal Bankruptcy Code
Service Providers
Auditor/Accountant
Mallah Furman & Co
900 S Pine Island
# 110
Fort Lauderdale, FL, 33325
United States
Legal Counsel
Not Available
Investor Relations Firm
Not Available
Singing Machine Company, Inc. (The) SMDM
SMDM Security Details
Share Structure
Market Value1 $11,788,982 a/o Oct 11, 2013
Shares Outstanding 38,028,975 a/o Aug 19, 2013
Float Not Available
Authorized Shares Not Available
Par Value 0.01
Shareholders
Shareholders of Record 334 a/o Jun 29, 2012
Security Notes
Capital Change=Capital Change=shs decreased by 1 for 10 split.. Ex-date=04/02/1998. Rec date=04/02/1998. Pay date=04/02/1998.
Stk. Div.=20% Ex-date=01-31-95. Rec date=02-06-95. Pay date=03-10-95
Note = delisted from NYSE AMEX on 7/07/2009
Capital Change=shs increased by 3 for 2 split. Ex-date=03/18/2002. Rec date=03/04/2002. Pay date=03/15/2002.
Short Selling Data
Short Interest 2,450 (12.9%)
Sep 30, 2013
Significant Failures to Deliver No
Transfer Agent(s)
Continental Stock Transfer & Trust Company
Singing Machine Company, Inc. (The) SMDM Financials
Period Ending Mar 31, 2013 Mar 31, 2012 Mar 31, 2011 Mar 31, 2010
Total Revenue 34,438 25,944 19,166 21,277
Cost of Revenue 26,369 20,293 14,921 17,291
Gross Profit 8,069 5,651 4,245 3,986
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 6,389 5,008 4,413 6,503
Non-Recurring Items - - - -
Other 110 172 430 439
Operating Income 1,570 471 (599) (2,956)
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 1,570 471 (599) (2,956)
Interest Expense 48 8 21 95
Earnings Before Tax 1,521 463 (620) (3,051)
Income Tax (1,619) - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 3,141 463 (620) (3,051)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 3,141 463 (620) (3,051)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 3,141 463 (620) (3,051)
Singing Machine Company, Inc. (The) SMDM Recent News
Oct 10, 2013 Singing Machine Introduces Home, the World's First Smart Bluetooth Speaker that Turns into a Party-Starting Karaoke Machine
Oct 1, 2013 Singlepoint, Inc. (SING) Announces Engagement of QualityStocks Investor Relations Services
Sept 20, 2013 This Week on MoneyTV with Donald Baillargeon, 9/20
Sept 17, 2013 SinglePoint, Inc. Acquires Assets, $1m+ in Revenues of Six Sigma Services, Inc.
Aug 30, 2013 MoneyTV with Donald Baillargeon, 8/30
Aug 27, 2013 Singlepoint, Inc. Secures Partnership, Sales Rights with Mobile Auction Expert, Text2Bid(TM)
Aug 21, 2013 OtcbbJournal.com Issues New Micro-Cap Stock Watch List
Aug 20, 2013 OtcbbJournal.com Issues Feature Research Report on Singlepointe, Inc. (OTCPINK: SING) and Other Micro-Cap's on Watch
Aug 19, 2013 Singing Machine Announces 1st Quarter Earnings Release
Aug 15, 2013 SinglePoint, Inc. Partners with iATS Payments
SMDM Singing Machine Company, Inc. (The) Research DD Guide
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