The Singing Machine Company, Inc. (SMDM) is in a Rhythm following Fourth Straight Year of Profitability
The Singing Machine Company, Inc. (OTCQB: SMDM) is the North American leader in consumer karaoke products. The company offers the industry’s widest selection of consumer-oriented karaoke systems, youth electronics and related accessories under The Singing Machine®, SoundX®, Home™ and SMDigital™ brands. SMDM’s proven reputation for customer satisfaction has helped it establish a distribution network of more than 10,000 brick-and-mortar stores throughout North America, in addition to an increasingly expansive online presence. In recent months, SMDM has leveraged its extensive retail network to post strong financial growth. During the company’s 2015 fiscal year, it realized a 25 percent increase in annual…