1 week ago - globenewswire.com

Narwhal Studios, a wholly owned subsidiary of Arctic7, reveals its role in the highly anticipated David Ayer TV project ‘Lollipop' and Francis Ford Coppola movie ‘Megalopolis' Narwhal Studios, a wholly owned subsidiary of Arctic7, reveals its role in the highly anticipated David Ayer TV project ‘Lollipop' and Francis Ford Coppola movie ‘Megalopolis'

1 month ago - globenewswire.com

BOCA RATON, Fla., May 22, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM Gromsocial.com , a leading provider of family-friendly media, and technology solutions, today announced that its redesigned Grom Social app – for kids under the age of 13, brand-safe and debuting this summer – will feature a new, updated version of Grom Educational's proprietary Digital Citizenship License (DCL) course, offered to schools nationwide, as part of the app's new offerings.

1 month ago - https://www.defenseworld.net

Grom Social Enterprises (NASDAQ:GROM – Get Free Report) is one of 115 public companies in the “Computer programming, data processing, & other computer related” industry, but how does it compare to its rivals? We will compare Grom Social Enterprises to similar businesses based on the strength of its earnings, institutional ownership, profitability, risk, analyst recommendations, dividends and valuation. Risk & Volatility Grom Social Enterprises has a beta of 1.57, meaning that its share price is 57% more volatile than the S&P 500. Comparatively, Grom Social Enterprises’ rivals have a beta of 1.41, meaning that their average share price is 41% more volatile than the S&P 500. Analyst Recommendations This is a summary of current ratings and recommmendations for Grom Social Enterprises and its rivals, as reported by MarketBeat. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Grom Social Enterprises 0 0 0 0 N/A Grom Social Enterprises Competitors 1056 4486 10307 290 2.61 As a group, “Computer programming, data processing, & other computer related” companies have a potential upside of 10.63%. Given Grom Social Enterprises’ rivals higher probable upside, analysts clearly believe Grom Social Enterprises has less favorable growth aspects than its rivals. Valuation & Earnings This table compares Grom Social Enterprises and its rivals revenue, earnings per share (EPS) and valuation. Gross Revenue Net Income Price/Earnings Ratio Grom Social Enterprises $4.04 million -$12.53 million -0.03 Grom Social Enterprises Competitors $17.42 billion $1.89 billion -36,762.41 Grom Social Enterprises’ rivals have higher revenue and earnings than Grom Social Enterprises. Grom Social Enterprises is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry. Profitability This table compares Grom Social Enterprises and its rivals’ net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Grom Social Enterprises -309.92% -71.55% -57.60% Grom Social Enterprises Competitors -151.08% -18.77% -8.31% Insider & Institutional Ownership 15.9% of Grom Social Enterprises shares are held by institutional investors. Comparatively, 50.8% of shares of all “Computer programming, data processing, & other computer related” companies are held by institutional investors. 0.0% of Grom Social Enterprises shares are held by insiders. Comparatively, 16.5% of shares of all “Computer programming, data processing, & other computer related” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth. Summary Grom Social Enterprises rivals beat Grom Social Enterprises on 8 of the 10 factors compared. Grom Social Enterprises Company Profile (Get Free Report) Grom Social Enterprises, Inc., through its subsidiaries, operates as a media, technology, and entertainment company that focuses on delivering content in the United States. The company operates a social media network for children under the age of 13 years. It also produces animated films and televisions series; and provides web filtering services to schools and government agencies, as well as acquires, develops, and builds commercial potential of kids and family entertainment properties and associated business opportunities. Grom Social Enterprises, Inc. was founded in 2012 and is headquartered in Boca Raton, Florida.

2 months ago - globenewswire.com

BOCA RATON, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that its subsidiary, Top Draw Animation (“TDA”), a leading source of premium animation production services for programming shown throughout the world, will lend its animation expertise to over $2.9MM in new assignments, one of which represents the largest single order in Top Draw's 25-year history.

2 months ago - globenewswire.com

BOCA RATON, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM), a leading provider of family-friendly media and technology solutions, today announced that it has entered the definitive documents draft phase for its slated acquisition of Arctic7, Inc. (Arctic7.com), the emerging Texas-based gaming industry service provider.

2 months ago - globenewswire.com

BOCA RATON, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- Top Draw Animation (TDA), a leading global supplier of  premium 2D animation production services, and award-winning division of Grom Social Enterprises Inc. (NASDAQ: GROM), today announced that the former VP of Technicolor's Animation Games & Production (India), Cyrus Mistry, has been named TDA's Chief Operating Officer, effective immediately.

3 months ago - headlinesoftoday.com

BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) — Grom Social Enterprises, Inc (NASDAQ: GROM), which recently announced that it has entered into a Letter of Intent (LOI) to acquire Arctic7, the Austin, Texas-based game and co-development services provider, today announced the formation of a synergy council that will, upon completion of the acquisition, explore … The post Grom Social Enterprises, Inc. and Arctic7 Launch Synergy appeared first on Headlines of Today...

3 months ago - globenewswire.com

BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc (NASDAQ: GROM), which recently announced that it has entered into a Letter of Intent (LOI) to acquire Arctic7, the Austin, Texas-based game and co-development services provider, today announced the formation of a synergy council that will, upon completion of the acquisition, explore gaming production and other opportunities for ancillary revenue growth.

3 months ago - globenewswire.com

Florida-based, NASDAQ-listed entertainment provider enters into Letter of Intent to  acquire Arctic7 to broaden its portfolio of offerings Arctic7 bolsters strategy to become a leader in the intersection of game development,  co-development, virtual production, transmedia IP extension AUSTIN, Texas, March 14, 2024 (GLOBE NEWSWIRE) --  Arctic7, which provides a  robust suite of full game and co-development services together with own intellectual property  development within gaming, and virtual production services for the movie and TV industry, has  today announced it has agreed to be acquired by Grom Social Enterprises, Inc (NASDAQ: GROM).  Grom – a media, technology, and entertainment company focused on family-friendly programming,  web filtering technology and safe social media for kids – has entered into a non-binding letter of  intent to acquire Arctic7.

4 months ago - investorplace.com

Family-focused social media platform and entertainment content provider Grom Social (NASDAQ: GROM ) is seeing shares rise on Thursday. Earlier today, the company disclosed that it intends to acquire Arctic7, an emerging gaming industry service provider.

4 months ago - globenewswire.com

BOCA RATON, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) ("Grom" or the "Company"), a media, technology, and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today announced that it has entered into a non-binding letter of intent to acquire Arctic7, Inc. ( www.Arctic7.com ), an emerging gaming industry service provider, in a 100% equity transaction.

4 months ago - investorplace.com

Though small-cap stocks tend to outperform large-caps as a collective investment class, that truism hides a key risk when investing in small-cap stocks. There's little barrier to entry, practically speaking, to public listing (and the few barriers are easily avoided, as in the case of SPAC mergers).

5 months ago - globenewswire.com

BOCA RATON, Fla. , Jan. 31, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) confirmed today that it will deploy key executives from its Curiosity Ink Media and Top Draw Animation subsidiaries at next week's Kidscreen Summit – widely considered the premier kids' entertainment industry gathering – to showcase its growing catalog of Grom-owned kid and family-centered intellectual property (IP) and animation production services.

5 months ago - globenewswire.com

Year-Over-Year Growth Positions Grom's Digital Holiday Platform for Share of Record $222 Billion Domestic E-commerce Holiday Sales BOCA RATON, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM), and Curiosity Ink Media, its original storytelling and Intellectual Property (IP)-generating subsidiary announced that Santa.com – its high-utility e-commerce and editorial site designed to guide consumers through the busiest and most stressful time of the year (the Christmas season) – saw double- and triple-digit growth across several key metrics for the 2023 holiday season.

5 months ago - investorplace.com

According to Fidelity the global business cycle during the fourth quarter can be characterized as an uneven global expansion. That unevenness makes it somewhat difficult to predict where the economy is headed but in general cyclical stocks make sense.

5 months ago - globenewswire.com

Marks Returns to US Women's Olympic Surfing Team as Americans Look to Make Waves at French Polynesia During Summer Olympics Marks Returns to US Women's Olympic Surfing Team as Americans Look to Make Waves at French Polynesia During Summer Olympics

6 months ago - globenewswire.com

BOCA RATON, Fla., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today announced the first closing of its previously announced private placement of a convertible promissory note with an initial principal amount of $4,000,000 (the “Notes”). The Notes are being issued pursuant to the securities purchase agreement, dated as of November 9, 2023 (as amended) with a single institutional investor (the “Investor”). In connection with the purchase and sale of the Notes, the Company has agreed to issue to the Investor, warrants to acquire a total of 1,514,072 shares of Common Stock consisting of (1) 757,036 shares of Common Stock with an exercise price of $1.78 per share of Common Stock and (ii) 757,036 shares of Common Stock with an exercise price of $.001 per share of Common Stock.

7 months ago - globenewswire.com

BOCA RATON, Fla., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Curiosity Ink Media , the original storytelling and Intellectual Property (IP)-generating subsidiary of Grom Social Enterprises, Inc. (NASDAQ: GROM), and its e-commerce platform, Santa.com have reached an agreement with American Greetings, one of the world's largest greeting cards companies, to offer holiday-related products in its highly trafficked Gift Shop.

7 months ago - globenewswire.com

BOCA RATON, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW), please note that information in the first and third paragraphs has been updated, along with other minor edits.

7 months ago - globenewswire.com

BOCA RATON, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (“Grom” or the “Company”), a media, technology, and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today announced that it has entered into a securities purchase agreement (the “SPA”) with a single institutional investor (the “Investor”) pursuant to which the Company has agreed to sell two convertible promissory notes of the Company (each, a “Note” and collectively, the “Notes”), with each Note having an initial principal amount of $4,000,000, for a price of $3,640,000 per Note.

8 months ago - globenewswire.com

BOCA RATON, Fla., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Curiosity Ink Media , the original storytelling and Intellectual Property (IP)-generating subsidiary of Grom Social Enterprises, Inc. (NASDAQ: GROM), is strengthening its e-commerce platform, Santa.com , for families by providing holiday planning solutions to help reduce stress during the busiest time of the year.

8 months ago - globenewswire.com

BOCA RATON, Fla., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Curiosity Ink Media , the original storytelling and Intellectual Property (IP)-generating subsidiary of Grom Social Enterprises, Inc. (NASDAQ: GROM) and publishing partner Dynamite Entertainment, will release four publishing titles inspired by modern holiday magic with a contemporary twist.

8 months ago - globenewswire.com

BOCA RATON, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM), a media, technology, and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that it has entered into an advisory agreement with the Joint Commission on Interdenominational Relations (“JCIR”) to analyze, strengthen and achieve the highest possible social impact by utilizing all metrics available for values-based investors, including a biblically responsible investing (“BRI”) impact score for the Company and its operations on a best efforts basis. The agreement was announced today by Mr. Darren Marks, Chairman and Chief Executive Officer for GROM, and Mr. Christopher Castillo, President for the JCIR.

9 months ago - globenewswire.com

Licensing Agreement to Construct a Diverse Collection, Expanding the Cats vs Pickles Universe with Innovative Construction, Non-plush Collectibles, and Novelty Toy Lines in Q2 2024 Licensing Agreement to Construct a Diverse Collection, Expanding the Cats vs Pickles Universe with Innovative Construction, Non-plush Collectibles, and Novelty Toy Lines in Q2 2024

9 months ago - benzinga.com

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.