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Grom Social Enterprises, Inc.

GROM•NASDAQ
Communication Services
Internet Content & Information
$0.00
$0.00(0.00%)
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Over the last four quarters, Grom Social Enterprises, Inc. achieved steady financial progress, growing revenue from $956498.00 in Q2 2023 to $874232.00 in Q1 2024. Gross profit stayed firm with margins at 30% in Q1 2024 versus 24% in Q2 2023. Operating income totaled -$1.76M in Q1 2024, maintaining a -201% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$502148.00. Net income rose to -$3.96M, with EPS at -$1.47. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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