The Singing Machine Company, Inc.

The Singing Machine Company, Inc.

SMDM
The Singing Machine Company, Inc.US flagOther OTC
0.19
USD
-0.01
- -
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Gary Atkinson
Full Time Employees
33
Sector
Technology
Industry
Consumer Electronics
Address
6301 NW 5th Way Fort Lauderdale FL United States of America 33309
IPO Date
Nov 11, 1994
Business
The Singing Machine Company, Inc. (SMDM) designs, manufactures, and distributes consumer karaoke systems and related entertainment products worldwide. Founded in 1982 and headquartered in Fort Lauderdale, Florida, the company offers an extensive portfolio of at-home and in-car karaoke machines, wireless microphones, Bluetooth speakers, digital music accessories, and music-oriented toys; products feature WiFi connectivity, mobile app integration for streaming over 100,000 licensed songs across genres including pop, rock, country, R&B, hip-hop, K-pop, and Disney, advanced vocal effects like real-time pitch correction via proprietary PitchLab technology, and licensed brands such as Carpool Karaoke, Sesame Street, Motown, and Bratz; additional offerings include electronic drum sets under the SoundX brand, plush karaoke microphones, and innovative portable systems like SingCast One and Move Mic. The company sells through over 25,000 retail locations globally, including Amazon, Costco, Sam's Club, Target, and Walmart, targeting families, children, and entertainment enthusiasts in North America, Europe, and Asia. In August 2025, Stingray Group acquires the company's global home karaoke assets, including intellectual property, contracts, and inventory, to integrate its hardware with Stingray's karaoke library and accelerate in-car microphone solutions; earlier, in July 2024, Singing Machine completes the acquisition of SemiCab, an AI logistics firm, adding projected revenue from its Indian subsidiary and diversifying into technology services; ongoing partnerships with Stingray yield automotive karaoke launches for BYD vehicles featuring scoring modes and Perfect Pitch microphones, alongside expansions like at-the-market stock offerings reaching $3.1 million in 2024.

Company News

APIChat
  • Singing Machine (OTCMKTS:SMDM) Stock Crosses Below 50-Day Moving Average – Should You Sell?

  • Singing Machine (OTCMKTS:SMDM) Shares Cross Below 50-Day Moving Average – What’s Next?

  • Singing Machine Completes Acquisition of Leading AI Logistics Company

  • The Singing Machine's (SMDM) CEO Gary Atkinson on Q3 2021 Results - Earnings Call Transcript

  • Singing Machine to Announce its Financial Results for the Third Quarter Fiscal 2022

  • [UPDATED] Singing Machine to Reschedule Second Quarter 2022 Earnings Release and Conference Call

  • The Singing Machine Company, Inc. (SMDM) CEO Gary Atkinson on Q1 2022 Results - Earnings Call Transcript

  • Singing Machine Announces Complete Stock Repurchase of Former Majority Shareholder

  • Singing Machine Announces 98% Increase in First Quarter Revenues

  • Singing Machine to Announce its Financial Results for the First Quarter Fiscal 2022

  • Singing Machine Announces Minority Investment by Stingray Group

  • Singing Machine Announces Pricing of $10 Million Private Placement

  • Singing Machine Announces 19% Revenue Growth, $0.06 Earnings Per Share in Full Year Fiscal 2021 Results

  • Singing Machine to Announce its Full Year Fiscal 2021 Results

  • Singing Machine to Announce its Financial Results for the Third Quarter Fiscal 2021

  • Singing Machine Pays Off Revolving Loan with Crestmark Bank