Turtle Beach Corporation (HEAR) Financials

NASDAQ:HEAR

Market Cap

170.32M

Total Revenue

240.17M

Gross Profit

49.19M

Operating Income

-49.58M

Net Income

-59.55M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	562,902	186,176,000	162,747,000	173,978,000	149,135,000	287,437,000	234,663,000	360,093,000	366,354,000	240,166,000
costOfRevenue	292,329	135,509,000	122,056,000	131,368,000	98,132,000	178,738,000	155,950,000	226,305,000	237,971,000	190,979,000
grossProfit	270,573	50,667,000	40,691,000	42,610,000	51,003,000	108,699,000	78,713,000	133,788,000	128,383,000	49,187,000
researchAndDevelopmentExpenses	2,056,364	9,400,000	11,556,000	8,259,000	5,587,000	5,611,000	7,856,000	12,265,000	17,490,000	19,123,000
sellingAndMarketingExpenses	--	33,442,000	31,829,000	28,572,000	24,385,000	32,389,000	38,634,000	46,779,000	58,883,000	47,090,000
generalAndAdministrativeExpenses	4,602,344	17,159,000	21,484,000	19,580,000	15,700,000	16,658,000	21,796,000	25,577,000	31,579,000	32,558,000
sellingGeneralAndAdministrativeExpenses	4,602,344	50,601,000	53,313,000	48,152,000	40,085,000	49,047,000	60,430,000	72,356,000	90,462,000	79,648,000
operatingExpenses	7,938,981	63,745,000	64,869,000	56,411,000	45,672,000	54,658,000	68,286,000	84,621,000	107,952,000	98,771,000
operatingIncome	-7,668,408	-13,825,000	-74,399,000	-77,701,000	4,798,000	54,041,000	7,438,000	49,167,000	15,219,000	-49,584,000
totalOtherIncomeExpensesNet	-5,965	-1,471,000	-51,237,000	-66,321,000	-70,000	-7,779,000	4,269,000	3,290,000	4,930,000	-4,869,000
ebitda	-7,409,195	-13,802,000	-25,194,000	-16,222,000	5,794,000	46,262,000	12,636,000	52,924,000	20,532,000	-51,337,000
depreciationAndAmortization	256,670	6,866,000	7,916,000	9,194,000	4,422,000	4,257,000	5,198,000	3,757,000	5,313,000	-1,753,000
interestIncome	8,508	--	--	--	--	--	--	--	--	--
interestExpense	4,559	7,209,000	5,099,000	7,447,000	7,916,000	5,335,000	929,000	467,000	383,000	1,220,000
incomeBeforeTax	-7,670,424	-21,758,000	-80,514,000	-87,569,000	-2,655,000	40,927,000	11,707,000	52,457,000	20,149,000	-54,453,000
incomeTaxExpense	2,016	-6,272,000	2,393,000	-387,000	593,000	1,737,000	-6,237,000	13,711,000	2,428,000	5,093,000
netIncome	-7,670,424	-15,486,000	-82,907,000	-87,182,000	-3,248,000	39,190,000	17,944,000	38,746,000	17,721,000	-59,546,000
eps	-1.16	-1.56	-7.85	-7.18	-0.26	2.9	1.24	2.62	1.11	-3.62
epsdiluted	-1.16	-1.56	-7.85	-7.18	-0.26	2.74	1.04	2.37	0.97	-3.62
weightedAverageShsOut	6,587,337	9,916,250	10,567,250	12,148,000	12,336,000	13,512,000	14,483,000	14,801,000	15,915,000	16,450,000
weightedAverageShsOutDil	6,587,337	9,916,250	10,567,250	12,148,000	12,336,000	14,289,000	15,688,000	16,365,000	18,251,000	16,450,000
costAndExpenses	8,231,310	199,254,000	186,925,000	187,779,000	143,804,000	233,396,000	224,236,000	310,926,000	345,923,000	289,750,000
otherExpenses	-5,965	-724,000	-1,016,000	-2,421,000	463,000	-7,779,000	2,209,000	3,757,000	101,000	-1,753,000

Key Facts

Industry

Consumer Electronics

Sector

Technology

Headquarters

White Plains, NY, US

Website

corp.turtlebeach.com

CEO

Mr. Cristopher Keirn

Employees

245

About the Company

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand. It serves retailers, distributors, and other customers in North America, the United Kingdom, Europe, and internationally. The company was founded in 1975 and is headquartered in White Plains, New York.