Grom Social Enterprises EBIT

Grom Social Enterprises (GROM) currently reports a EBIT of $-8.4M as of March 2024. That compares with $-7.2M in the prior-year period — down 16.4% year over year. That is below the Consumer Discretionary sector average of $150B. Use the charts on this page to explore Grom Social Enterprises's EBIT history and peer comparisons.

Grom Social Enterprises's EBIT decreased from $-7.2M to $-8.4M — a 16.4% year-over-year decrease (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Grom Social Enterprises's EBIT of $-8.4M is lower than the Consumer Discretionary sector average of $150B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Grom Social Enterprises reported $-8.4M in EBIT as of March 2024. That compares with $-7.2M in the prior-year period — down 16.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $-8.4M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Consumer Discretionary average is $150B. From there, open related valuation or income-statement pages for Grom Social Enterprises, and consider following GROM for alerts when major investors trade the stock.