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Grom Social Enterprises, Inc.

GROMW•NASDAQ
Communication Services
Internet Content & Information
$0.001
$-0.00(-76.19%)
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Financial performance has remained strong, with revenue growing from $956498.00 in Q2 2023 to $874232.00 in Q1 2024. Gross profit continued to perform well, with margins at 30% in the latest quarter. Operating income reached -$1.76M in Q1 2024, holding a steady -201% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$1.61M. Net income rose to -$3.96M, keeping EPS at -$1.47. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.

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