Grom Social Enterprises Net Income

Grom Social Enterprises posts a net income of $-14M as of March 2024. That compares with $-16M in the prior-year period — up 9.5% year over year. That is below the Consumer Discretionary sector average of $140B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Grom Social Enterprises's net income was $-16M. The latest reading is $-14M — a 9.5% year-over-year increase (period ending March 2024). Use the history and growth charts on this page for a longer lookback.

For Consumer Discretionary stocks, a net income near $140B is typical. Grom Social Enterprises's $-14M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Net Income is one piece of Grom Social Enterprises's financial statement story. At $-14M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for GROM's net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $140B), and (3) consistency with growth and profitability. This page covers the first two; Grom Social Enterprises's other metric pages and overview cover the third.