VIZIO Holding Corp. (VZIO) Financials

NYSE:VZIO

Market Cap

1.14B

Total Revenue

1.86B

Gross Profit

312.50M

Operating Income

6.30M

Net Income

-400.00K

Metric	2018	2019	2020	2021	2022
revenue	1,780,730,000	1,836,800,000	2,042,473,000	2,124,000,000	1,862,800,000
costOfRevenue	1,670,469,000	1,671,600,000	1,746,115,000	1,797,700,000	1,550,300,000
grossProfit	110,261,000	165,200,000	296,358,000	326,300,000	312,500,000
researchAndDevelopmentExpenses	--	10,300,000	--	34,200,000	40,800,000
sellingAndMarketingExpenses	19,161,000	22,700,000	31,279,000	32,800,000	41,100,000
generalAndAdministrativeExpenses	95,753,000	98,700,000	130,884,000	286,100,000	220,700,000
sellingGeneralAndAdministrativeExpenses	114,914,000	121,400,000	162,163,000	318,900,000	261,800,000
operatingExpenses	119,944,000	135,800,000	164,459,000	355,900,000	306,200,000
operatingIncome	-9,683,000	29,400,000	131,899,000	-29,600,000	6,300,000
totalOtherIncomeExpensesNet	10,532,000	1,400,000	544,000	3,300,000	300,000
ebitda	-4,653,000	33,500,000	134,195,000	-26,800,000	9,900,000
depreciationAndAmortization	5,030,000	4,100,000	2,296,000	2,800,000	3,600,000
interestIncome	--	--	--	300,000	1,600,000
interestExpense	--	--	--	--	-300,000
incomeBeforeTax	-784,000	30,800,000	132,443,000	-26,300,000	6,600,000
incomeTaxExpense	-628,000	7,700,000	29,968,000	13,100,000	7,000,000
netIncome	-156,000	23,100,000	102,475,000	-39,400,000	-400,000
eps	-0.001	0.13	0.56	-0.22	-0.002
epsdiluted	-0.001	0.13	0.56	-0.22	-0.002
weightedAverageShsOut	183,712,248	183,712,248	183,712,248	175,500,000	193,100,000
weightedAverageShsOutDil	183,712,248	183,712,248	183,712,248	175,500,000	193,100,000
costAndExpenses	1,790,413,000	1,807,400,000	1,910,574,000	2,153,600,000	1,856,500,000
otherExpenses	10,532,000	4,100,000	2,296,000	2,800,000	3,600,000

Key Facts

Industry

Consumer Electronics

Sector

Technology

Headquarters

Irvine, CA, US

Website

vizio.com

CEO

Mr. William W. Wang

Employees

900

About the Company

VIZIO Holding Corp., through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States. It also operates Platform+ that comprises SmartCast, a Smart TV operating system, enabling integrated home entertainment solution, and data intelligence and services products through Inscape. Its SmartCast delivers content and applications through an easy-to-use interface, as well as supports streaming apps, such as Amazon Prime Video, Apple TV+, Discovery+, Disney+, HBO Max, Hulu, Netflix, Paramount+, Peacock, and YouTube TV and hosts its free ad-supported video app, WatchFree, and VIZIO Free channels. In addition, the company provides support for third-party voice platforms, as well as second screen viewing. It sells its products to retailers and through online channels. VIZIO Holding Corp. was incorporated in 2002 and is headquartered in Irvine, California.