Company Quick10K Filing
Grom Social Enterprises
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 147 $29
10-Q 2019-11-19 Quarter: 2019-09-30
10-Q 2019-08-14 Quarter: 2019-06-30
10-Q 2019-05-20 Quarter: 2019-03-31
10-K 2019-04-16 Annual: 2018-12-31
10-Q 2018-11-13 Quarter: 2018-09-30
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-15 Quarter: 2018-03-31
10-K 2018-04-17 Annual: 2017-12-31
10-Q 2017-11-20 Quarter: 2017-09-30
10-Q 2017-08-11 Quarter: 2017-06-30
10-Q 2017-05-10 Quarter: 2017-03-31
10-K 2017-03-27 Annual: 2016-12-31
10-Q 2016-11-09 Quarter: 2016-09-30
10-Q 2016-08-12 Quarter: 2016-06-30
10-Q 2016-05-11 Quarter: 2016-03-31
8-K 2020-03-16 Enter Agreement, Off-BS Arrangement, Sale of Shares, Regulation FD, Exhibits
8-K 2019-11-11 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-05-31 Amend Bylaw, Shareholder Vote, Other Events, Exhibits
8-K 2019-01-15 Enter Agreement, Sale of Shares, Exhibits
8-K 2018-10-15 Sale of Shares, Exhibits
8-K 2018-09-20 Sale of Shares, Exhibits
8-K 2018-09-17 Other Events, Exhibits
8-K 2018-06-01 Officers, Other Events, Exhibits
8-K 2018-05-21 Earnings, Exhibits
8-K 2018-01-10 Amendment
8-K 2017-12-29 Enter Agreement, Sale of Shares, Other Events, Exhibits
8-K 2017-12-27 Enter Agreement, Regulation FD, Exhibits

Grom Social Enterprises Financials

GRMM Metrics, Comps, Filings

Annual | Quarterly

Business

We were incorporated under the laws of the State of Florida on April 14, 2014, as Illumination America, Inc. and changed our name to Grom Social Enterprises, Inc. on August 17, 2017.

Effective August 17, 2017, we consummated the acquisition of Grom Holdings, Inc., a Delaware corporation (“Grom Holdings”) pursuant to the terms of a share exchange agreement (“Share Exchange”) entered into on May 15, 2017. In connection with the Share Exchange, the Company amended its Articles of Incorporation to increase its authorized capital from 100,000,000 shares to 200,000,000 shares of common stock and to change its name to “Grom Social Enterprises, Inc.” At the closing of the Share Exchange, the Company issued an aggregate of 110,853,883 shares of its common stock to the Grom Holdings shareholders, pro rata to their respective ownership percentage. Each share of Grom Holdings was exchanged for 4.17 shares of our common stock. As a result, the stockholders of Grom Holdings owned approximately 92% of the Company's issued and outstanding shares of common stock at such time.

We operate our business through the following five wholly-owned subsidiaries:


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
theGlobe.com (TGLO) 30,904 -176.9 17,456,800% 0 0 -175 -175 30,877
Endurance Exploration (EXPL) 30,652 -75.6 -65% 607 698 0 0 -392 -406 30,651
West End Indiana Bancshares (WEIN) 30,596 4.9 0% 299,130 268,461 0 0 1,072 3,747 18,280
Learning Tree (LTRE) 30,416 43% -47.1 -9% 22,648 36,564 64,318 27,676 -2,059 -593 27,957
Yinfu Gold (ELRE) 29,852 -141.2 -4,499% 5 1,503 0 0 -211 -211 29,852
Qrons (QRON) 30,084 -32.3 -1,163% 80 460 0 -27 -933 -930 30,036
Kaya Holdings (KAYS) 25,921 53% 2.7 334% 2,709 17,268 722 384 9,036 9,641 25,920
Grom Social Enterprises (GRMM) 24,371 54% -8.0 -19% 19,218 13,325 6,276 3,382 -3,636 -2,971 23,788
MicroChannel Technologies (MCTC) 1,127 -2.5 -181% 215 153 0 0 -390 -390 975
MobileSmith (MOST) 29,402 63% -16.5 -445% 1,788 50,989 2,180 1,371 -7,954 -4,314 71,177
Butler National (BUKS) 29,341 0% 1.2 7% 95,267 56,460 66,462 0 6,448 12,592 15,293
Reviv3 Procare (RVIV) 22,707 45% -142.5 -21% 749 173 977 443 -157 -157 22,370
Greenway Technologies (UMED) 28,886 -7.1 -2,498% 165 6,716 0 0 -4,130 -4,130 29,391
Oncobiologics (ONS) 73,665 0% -2.7 -135% 22,283 43,094 3,088 0 -30,092 -26,795 72,112
JetPay (JTPY) 28,637 41% 6.8 -1% 171,416 107,921 66,457 26,994 -1,047 4,875 33,287
Pivot Pharmaceuticals (PVOTF) 28,605 -4.6 -70% 9,549 6,181 0 0 -6,666 -6,195 28,560
SMG Industries (SMGI) 29,047 19% -24.0 -31% 7,464 6,968 4,911 912 -2,297 -1,314 31,523
Sanuwave Health (SNWV) 41,781 42% -5.8 -467% 1,644 14,962 693 290 -7,680 -7,149 41,378
Two Rivers Water & Farming (TURV) 17,173 100% -100.2 -3% 45,499 22,453 145 145 -1,142 -176 17,640
United Cannabis (CNAB) 28,154 4% -1.6 -193% 9,051 14,945 13,098 487 -17,423 -16,727 27,588

Balance Sheet ($'000)2016-12-312017-12-312018-12-31
Cash2437634
Accounts Receivable1164451,123
Inventory4279
PP&E8501,036
Assets12419,04718,810
Accounts Payable225883682
Long-Term Debt
Liabilities49611,94212,028
Stockholders' Equity-3727,1056,782
Income Statement ($'000)2016-12-312017-12-312018-12-31
Revenue7357,6938,644
Cost of Revenue5924,2484,379
Gross Profit1423,4454,266
R&D
SG&A1054,5825,776
Tax03415
Net Income-651-6,046-4,877
Cash Flow ($'000)2016-12-312017-12-312018-12-31
Cash Operating-247-1,410-1,866
Cash Investing-25-562-582
Cash Financing1681,9892,500