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 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 -138.7 22,235,900% 0 0 -222 -222 30,834
Endurance Exploration (EXPL) 30,652 -75.6 -65% 607 698 0 0 -392 -406 30,651
West End Indiana Bancshares (WEIN) 30,596 3.7 0% 299,130 268,461 0 0 1,351 4,930 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 -126.6 -2,216% 11 1,480 0 0 -236 -236 29,851
Qrons (QRON) 29,825 -9.2 -3,524% 92 273 0 -18 -3,228 -3,219 29,758
Kaya Holdings (KAYS) 29,656 72% 6.6 50% 3,067 18,368 817 592 1,548 4,471 29,545
Grom Social Enterprises (GRMM) 29,454 46% -6.6 -27% 19,446 13,565 8,875 4,078 -5,189 -4,321 28,598
MicroChannel Technologies (MCTC) 29,418 42,086.3 0 158 0 0 1 1 29,418
MobileSmith (MOST) 29,402 65% -14.1 -594% 1,573 49,351 2,839 1,846 -9,354 -4,902 68,914
Butler National (BUKS) 29,356 0% 2.1 7% 92,739 56,200 62,322 0 6,589 10,666 22,526
Reviv3 Procare (RVIV) 28,900 44% -191.0 -20% 741 64 993 440 -150 -150 28,554
Greenway Technologies (UMED) 28,876 -6.5 -1,086% 407 7,147 0 0 -4,422 -4,411 28,708
Oncobiologics (ONS) 28,798 0% -0.5 -110% 33,214 34,572 3,064 0 -36,627 -30,243 15,882
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 -3.2 -98% 9,549 6,181 0 0 -9,396 -8,833 28,560
SMG Industries (SMGI) 28,311 22% -16.0 -34% 8,009 7,185 5,104 1,117 -2,706 -1,904 30,494
Sanuwave Health (SNWV) 28,298 59% -3.1 -517% 1,513 17,869 1,548 906 -7,818 -9,193 28,143
Two Rivers Water & Farming (TURV) 28,133 43% -4.6 -24% 30,687 21,475 86 37 -7,320 -6,266 29,055
United Cannabis (CNAB) 28,061 23% -2.6 -73% 15,085 9,919 13,490 3,056 -10,992 -10,194 26,934

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