Grom Social Enterprises Profit Margin

Grom Social Enterprises posts a profit margin of -386.06% as of March 2024. That compares with -293.69% in the prior-year period — down 31.5% year over year. That is below the Consumer Discretionary sector average of 10.32%. 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 profit margin was -293.69%. The latest reading is -386.06% — a 31.5% year-over-year decrease (period ending March 2024). Use the history and growth charts on this page for a longer lookback.

For Consumer Discretionary stocks, a profit margin near 10.32% is typical. Grom Social Enterprises's -386.06% is lower that level. That is roughly 3841.8% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Grom Social Enterprises's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -386.06% as of March 2024; use YoY and peer views to separate noise from signal.

Context for GROM's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 10.32%), 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.