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About Grom Social Enterprises
Its shares trade under the ticker GROM. It has been listed since 10 October 2016. In the fiscal year to 31 December 2023, it reported revenue of $4.0m and a net loss of $12.5m. At that date it held total assets of $18.1m and shareholders' equity of $11.4m.
Grom Social Enterprises Inc is a US-based company operating in Entertainment industry. The company is headquartered in Boca Raton, Florida. The company went IPO on 2016-10-10. Grom Social Enterprises, Inc. is a media, technology and entertainment company. The firm focuses on delivering content to children under the age of 13 years in a safe secure platform that can be monitored by parents or guardians. The firm conducts its business through subsidiaries, including Grom Social, Inc. (Grom Social), TD Holdings Limited (TD Holdings), Grom Educational Services, Inc. (GES), Grom Nutritional Services, Inc. (GNS) and Curiosity Ink Media, LLC (Curiosity). Grom Social operates its social media network designed for children under the age of 13 years. TD Holdings operates through two subsidiaries: Top Draw Animation Hong Kong Limited and Top Draw Animation, Inc., which are engaged in the production of animated films and television series. GES operates its Web filtering services provided to schools and government agencies. Curiosity is a kids and family original content and media company that focuses on building and managing entertainment brands and franchises.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Communication Services
- Industry
- Entertainment
- Listed since
- 10 Oct 2016
- Employees
- 90
Leadership
Pay as last reported
- Mr. Darren MarksChairman of the Board, President, Chief Executive Officer, since 2012$300,000
- Mr. Jason WilliamsChief Financial Officer, Treasurer, Secretary$228,000
- Mr. Norman RosenthalIndependent Director$6,000
- Dr. Thomas RutherfordIndependent Director$6,000
- Mr. Robert StevensIndependent Director$6,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Grom Social operates a secure social media network for children under 13 years old.
- TD Holdings produces animated films and television series through its subsidiaries.
- GES provides web filtering services to schools and government agencies.
Weaknesses
- The company employs only 90 full-time staff members globally.
- Grom Social Enterprises Inc is headquartered in Boca Raton, Florida.
- The firm conducts business through multiple distinct subsidiaries and entities.
Opportunities
- Curiosity Ink Media builds and manages entertainment brands for kids and families.
- Grom Nutritional Services offers products within the broader Grom ecosystem.
- Grom Educational Services expands its reach in the educational technology sector.
Threats
- Regulatory scrutiny may increase for platforms serving children under 13 years.
- Competition exists in the animated film and television series production market.
- Parental monitoring requirements impose strict operational constraints on the social network.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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