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Complete financial analysis of ClearOne, Inc. (CLRO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ClearOne, Inc., a leading company in the Communication Equipment industry within the Technology sector.
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ClearOne, Inc. (CLRO)
About ClearOne, Inc.
ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices. It also provides video products, such as video conferencing and collaboration solutions; and AV networking, which deliver the IP A/V experience by streaming time sensitive high definition audio and video, and control over TCP/IP networks. In addition, the company offers professional microphones consisting of beamforming microphones, ceiling microphones, and wireless microphones. ClearOne, Inc. sells its commercial products to a network of independent professional audiovisual, information technology, and telecommunications distributors, as well as systems integrators, dealers, value-added resellers, and end-users. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.70M | 25.21M | 28.97M | 29.07M | 25.04M | 28.16M | 41.80M | 48.64M | 57.80M | 57.91M | 49.59M | 46.42M | 46.07M | 41.28M | 0.00 | 35.70M | 39.75M | 39.86M | 37.63M | 31.65M | 33.89M | 57.59M | 54.54M | 39.88M | 30.87M | 22.99M | 17.27M | 13.37M | 11.47M | 11.10M | 8.80M | 8.70M | 7.00M | 5.20M | 5.50M | 5.10M | 3.30M | 2.30M |
| Cost of Revenue | 12.07M | 15.75M | 17.05M | 16.51M | 13.85M | 14.79M | 17.80M | 19.15M | 21.08M | 22.59M | 19.74M | 19.09M | 18.52M | 16.64M | 0.00 | 15.32M | 16.46M | 17.72M | 19.28M | 14.95M | 20.43M | 35.30M | 23.00M | 16.50M | 11.93M | 9.88M | 8.35M | 6.87M | 6.28M | 5.80M | 4.80M | 5.10M | 4.00M | 2.80M | 3.50M | 2.70M | 2.10M | 1.50M |
| Gross Profit | 6.64M | 9.46M | 11.92M | 12.56M | 11.19M | 13.37M | 24.01M | 29.49M | 36.72M | 35.32M | 29.86M | 27.33M | 27.55M | 24.64M | 0.00 | 20.38M | 23.29M | 22.14M | 18.35M | 16.69M | 13.46M | 22.28M | 31.54M | 23.38M | 18.94M | 13.11M | 8.92M | 6.50M | 5.19M | 5.30M | 4.00M | 3.60M | 3.00M | 2.40M | 2.00M | 2.40M | 1.20M | 800.00K |
| Gross Profit Ratio | 35.49% | 37.52% | 41.14% | 43.20% | 44.70% | 47.49% | 57.43% | 60.63% | 63.53% | 61.00% | 60.21% | 58.87% | 59.79% | 59.69% | 0.00% | 57.08% | 58.59% | 55.54% | 48.76% | 52.75% | 39.72% | 38.70% | 57.83% | 58.62% | 61.35% | 57.04% | 51.66% | 48.59% | 45.25% | 47.75% | 45.45% | 41.38% | 42.86% | 46.15% | 36.36% | 47.06% | 36.36% | 34.78% |
| Research & Development | 3.67M | 4.39M | 5.79M | 5.51M | 5.78M | 7.84M | 9.34M | 8.56M | 8.32M | 8.97M | 7.56M | 8.26M | 7.13M | 7.74M | 0.00 | 7.54M | 7.07M | 7.54M | 8.30M | 5.31M | 3.91M | 3.00M | 4.05M | 2.50M | 1.82M | 1.49M | 1.14M | 1.05M | 929.13K | 800.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.56M | 6.77M | 6.88M | 5.89M | 6.05M | 5.95M | 7.16M | 7.33M | 7.49M | 7.15M | 6.42M | 6.93M | 5.43M | 6.42M | 0.00 | 2.53M | 14.34M | 10.88M | 12.97M | 12.51M | 21.18M | 30.20M | 16.76M | 12.40M | 9.90M | 7.47M | 6.12M | 5.58M | 3.80M | 3.90M | 4.30M | 3.20M | 2.30M | 1.80M | 2.20M | 1.40M | 700.00K | 600.00K |
| Selling & Marketing | 4.90M | 5.52M | 6.74M | 6.73M | 7.94M | 9.91M | 11.00M | 10.03M | 10.65M | 11.23M | 8.90M | 8.11M | 8.12M | 8.69M | 0.00 | 7.53M | 6.67M | 7.79M | 7.87M | 9.07M | 8.27M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 9.46M | 12.29M | 13.62M | 12.61M | 13.98M | 15.86M | 18.16M | 17.36M | 18.14M | 18.38M | 15.31M | 15.05M | 13.55M | 15.11M | 0.00 | 10.06M | 14.34M | 10.88M | 12.97M | 12.51M | 21.18M | 30.20M | 16.76M | 12.40M | 9.90M | 7.47M | 6.12M | 5.58M | 3.80M | 3.90M | 4.30M | 3.20M | 2.30M | 1.80M | 2.20M | 1.40M | 700.00K | 600.00K |
| Other Expenses | 0.00 | 35.10M | 32.00K | 79.00K | 210.00K | 80.00K | 300.00K | 312.00K | 289.00K | 254.00K | 147.00K | 34.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.21M | 180.00K | 0.00 | 26.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500.00K | 300.00K | 300.00K | 200.00K | 200.00K | 200.00K | 100.00K | 100.00K | 100.00K |
| Operating Expenses | 13.13M | 16.68M | 19.41M | 18.13M | 19.76M | 23.70M | 27.50M | 25.92M | 26.46M | 27.35M | 22.87M | 23.31M | 20.68M | 22.84M | 0.00 | 17.60M | 21.41M | 18.42M | 20.07M | 18.00M | 25.08M | 59.19M | 20.81M | 14.90M | 11.72M | 8.97M | 7.26M | 6.63M | 4.73M | 5.20M | 4.60M | 3.50M | 2.50M | 2.00M | 2.40M | 1.50M | 800.00K | 700.00K |
| Cost & Expenses | 25.48M | 32.43M | 36.46M | 34.64M | 33.60M | 38.48M | 45.29M | 45.07M | 47.53M | 49.93M | 42.61M | 42.40M | 39.20M | 39.49M | 0.00 | 32.92M | 37.87M | 36.14M | 39.35M | 32.95M | 45.52M | 94.50M | 43.81M | 31.41M | 23.65M | 18.85M | 15.61M | 13.50M | 11.01M | 11.00M | 9.40M | 8.60M | 6.50M | 4.80M | 5.90M | 4.20M | 2.90M | 2.20M |
| Interest Income | 1.36M | 420.00K | 514.00K | 436.00K | 26.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43.00K | 0.00 | 474.00K | 1.04M | 1.47M | 813.00K | 425.00K | 52.00K | 0.00 | 446.55K | 397.44K | 0.00 | 0.00 | 0.00 | 7.84K | 1.99K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 420.00K | 514.00K | 436.00K | 26.00K | 0.00 | 12.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 51.00K | 0.00 | 1.00K | 5.00K | 4.00K | 0.00 | 104.00K | 183.00K | 96.00K | 23.49K | 42.52K | 0.00 | 78.11K | 213.71K | 196.18K | 185.68K | 200.00K | 100.00K | 100.00K | 100.00K | 200.00K | 200.00K | 100.00K | 100.00K | 0.00 |
| Depreciation & Amortization | 1.15M | 3.37M | 3.28M | 2.68M | 2.48M | 1.59M | 1.53M | 1.87M | 2.06M | 1.97M | 1.42M | 1.92M | 1.22M | 1.20M | 0.00 | 720.00K | 767.00K | 870.00K | 1.56M | 2.37M | 1.95M | 3.47M | 1.17M | 1.04M | 759.81K | 660.83K | 678.50K | 673.68K | 555.04K | -500.00K | -300.00K | -300.00K | -200.00K | 200.00K | 200.00K | 100.00K | 100.00K | 100.00K |
| EBITDA | 1.56M | 31.25M | -4.19M | -2.81M | -5.88M | -8.74M | -47.00K | 5.75M | 12.32M | 9.95M | 8.41M | 44.47M | 8.11M | 1.80M | 0.00 | 3.94M | 2.65M | 4.59M | -1.57M | 551.00K | -9.75M | -16.76M | -8.77M | 2.93M | 6.55M | 5.16M | 1.88M | 409.43K | 1.01M | 600.00K | -300.00K | 400.00K | 600.00K | 600.00K | -200.00K | 1.00M | 500.00K | 200.00K |
| EBITDA Ratio | 8.36% | 110.61% | -25.76% | -18.88% | -34.19% | -36.68% | 22.04% | 7.33% | 17.76% | 13.77% | 12.79% | -74.28% | 9.47% | 7.37% | 0.00% | 11.12% | 6.73% | 11.37% | -4.17% | 4.28% | -28.14% | -58.17% | 21.67% | 23.82% | 25.83% | 20.99% | 13.45% | 4.21% | 8.78% | 5.41% | 5.68% | 4.60% | 8.57% | 11.54% | -3.64% | 19.61% | 15.15% | 4.35% |
| Operating Income | -6.49M | 24.31M | -7.50M | -5.57M | -8.56M | -10.33M | -16.19M | 3.57M | 10.26M | 7.98M | 7.62M | 42.52M | 10.57M | 1.80M | 0.00 | 2.78M | 1.88M | 3.72M | -1.72M | -1.41M | -11.62M | -36.91M | 10.73M | 8.47M | 7.22M | 4.14M | 1.66M | -129.38K | 459.05K | 100.00K | -1.40M | 100.00K | 600.00K | 300.00K | -400.00K | 700.00K | 500.00K | 100.00K |
| Operating Income Ratio | -34.70% | 96.46% | -25.87% | -19.15% | -34.19% | -36.68% | -38.74% | 7.33% | 17.76% | 13.77% | 15.37% | 91.61% | 22.95% | 4.35% | 0.00% | 7.78% | 4.73% | 9.33% | -4.57% | -4.47% | -34.29% | -64.10% | 19.68% | 21.24% | 23.39% | 18.02% | 9.60% | -0.97% | 4.00% | 0.90% | -15.91% | 1.15% | 8.57% | 5.77% | -7.27% | 13.73% | 15.15% | 4.35% |
| Total Other Income/Expenses | 6.37M | 34.68M | -482.00K | -357.00K | 210.00K | 80.00K | 300.00K | 312.00K | 289.00K | 254.00K | 147.00K | 34.00K | 24.00K | -104.00K | 0.00 | 446.00K | 1.01M | 1.52M | 655.00K | 318.00K | -261.00K | 48.00K | 288.00K | 188.00K | 153.00K | -914.28K | -213.71K | -228.62K | -176.16K | -200.00K | -900.00K | -100.00K | 0.00 | -200.00K | -200.00K | -300.00K | -100.00K | 100.00K |
| Income Before Tax | -126.00K | 27.46M | -7.98M | -5.92M | -8.35M | -10.25M | -15.89M | 3.88M | 10.55M | 8.23M | 7.77M | 42.56M | 10.60M | 1.69M | 0.00 | 3.22M | 2.88M | 5.24M | -704.00K | -1.10M | -11.88M | -37.01M | 11.24M | 8.84M | 7.40M | 4.07M | 1.44M | -336.00K | 282.88K | -100.00K | -1.50M | 0.00 | 500.00K | 100.00K | -600.00K | 600.00K | 400.00K | 200.00K |
| Income Before Tax Ratio | -0.67% | 108.95% | -27.54% | -20.38% | -33.35% | -36.39% | -38.02% | 7.97% | 18.26% | 14.21% | 15.67% | 91.68% | 23.00% | 4.10% | 0.00% | 9.03% | 7.25% | 13.16% | -1.87% | -3.46% | -35.06% | -64.26% | 20.61% | 22.18% | 23.97% | 17.68% | 8.36% | -2.51% | 2.47% | -0.90% | -17.05% | 0.00% | 7.14% | 1.92% | -10.91% | 11.76% | 12.12% | 8.70% |
| Income Tax Expense | 434.00K | 6.90M | -283.00K | -6.43M | 56.00K | 6.44M | -1.72M | 1.43M | 3.78M | 2.63M | 2.59M | 15.91M | 3.67M | -681.00K | 0.00 | 995.00K | -2.76M | 457.00K | -870.00K | -3.25M | -262.00K | -834.00K | 3.83M | 3.32M | 2.67M | 1.52M | 39.00K | 36.90K | 900.00 | 100.00K | -200.00K | 0.00 | 100.00K | -100.00K | -200.00K | 200.00K | 100.00K | 100.00K |
| Net Income | -560.00K | 20.56M | -7.69M | 505.00K | -8.41M | -16.69M | -14.17M | 2.44M | 6.78M | 5.60M | 5.18M | 26.65M | 6.93M | 2.37M | 0.00 | 2.23M | 5.66M | 5.21M | 2.10M | 16.08M | -9.89M | -35.97M | 7.41M | 7.48M | 4.73M | 2.54M | 1.40M | -372.90K | 281.98K | -100.00K | -1.30M | 0.00 | 400.00K | 100.00K | -400.00K | 400.00K | 300.00K | 100.00K |
| Net Income Ratio | -2.99% | 81.56% | -26.56% | 1.74% | -33.58% | -59.27% | -33.90% | 5.02% | 11.72% | 9.66% | 10.44% | 57.41% | 15.04% | 5.75% | 0.00% | 6.24% | 14.23% | 13.07% | 5.57% | 50.80% | -29.17% | -62.47% | 13.59% | 18.76% | 15.32% | 11.07% | 8.13% | -2.79% | 2.46% | -0.90% | -14.77% | 0.00% | 5.71% | 1.92% | -7.27% | 7.84% | 9.09% | 4.35% |
| EPS | -0.02 | 0.86 | -0.39 | 0.03 | -0.51 | -1.87 | -1.65 | 0.27 | 0.74 | 0.61 | 0.57 | 2.93 | 0.77 | 0.27 | 0.00 | 0.24 | 0.53 | 0.45 | 0.18 | 1.43 | -0.89 | -3.22 | -0.69 | 0.42 | 0.53 | 0.31 | 0.18 | -0.05 | 0.04 | -0.02 | -0.17 | 0.00 | 0.06 | 0.05 | -0.14 | 0.15 | 0.10 | 0.03 |
| EPS Diluted | -0.02 | 0.82 | -0.39 | 0.03 | -0.51 | -1.87 | -1.65 | 0.26 | 0.71 | 0.58 | 0.55 | 2.89 | 0.75 | 0.27 | 0.00 | 0.24 | 0.52 | 0.45 | 0.17 | 1.31 | -0.89 | -3.22 | -0.69 | 0.39 | 0.50 | 0.30 | 0.18 | -0.05 | 0.04 | -0.02 | -0.17 | 0.00 | 0.06 | 0.05 | -0.14 | 0.15 | 0.10 | 0.03 |
| Weighted Avg Shares Out | 23.96M | 23.94M | 19.86M | 17.27M | 16.64M | 8.92M | 8.58M | 9.02M | 9.13M | 9.17M | 9.06M | 9.11M | 9.03M | 8.93M | 9.21M | 9.21M | 10.69M | 11.50M | 11.96M | 11.18M | 11.11M | 11.18M | 9.59M | 8.61M | 8.32M | 8.21M | 7.80M | 7.46M | 7.05M | 6.00M | 7.65M | 7.50M | 6.67M | 2.00M | 2.86M | 2.67M | 3.00M | 3.33M |
| Weighted Avg Shares Out (Dil) | 23.96M | 25.19M | 19.86M | 17.33M | 16.64M | 8.94M | 8.58M | 9.42M | 9.59M | 9.58M | 9.46M | 9.21M | 9.27M | 8.94M | 9.21M | 9.34M | 10.80M | 11.58M | 12.21M | 12.33M | 11.11M | 11.18M | 9.59M | 9.28M | 8.82M | 8.48M | 7.80M | 7.46M | 7.05M | 6.00M | 7.65M | 7.50M | 6.67M | 2.00M | 2.86M | 2.67M | 3.00M | 3.33M |
ClearOne Re-Launches Traveling ClearOne Re-Connections Tour to Reconnect with Commercial AV Integrators and End-User Customers!
SALT LAKE CITY, June 22, 2021 (GLOBE NEWSWIRE) -- In another sign that the world, and the commercial AV industry in specific, is returning to business as usual, ClearOne (NASDAQ: CLRO), a leading global provider of audio and visual communications...
New Crestron Module Simplifies Deployment of Camera Control for the ClearOne BMA 360 Beamforming Microphone Array Ceiling Tile
SALT LAKE CITY, June 17, 2021 (GLOBE NEWSWIRE) -- ClearOne (NASDAQ: CLRO), a leading global provider of audio and visual communications solutions, today announced the availability of a new camera control module for Crestron control systems that is designed to...
ClearOne BMA 360 Beamforming Microphone Array Takes the Top Prize for Commercial Microphones in the 2021 TNT Awards Program
SALT LAKE CITY, June 08, 2021 (GLOBE NEWSWIRE) -- ClearOne (NASDAQ: CLRO), a leading global provider of audio and visual communications solutions, today announced that its groundbreaking BMA 360 Beamforming Microphone Array, featuring Voice Lift technology, was awarded a 2021...
Bassist and Producer Al Carty Leverages ClearOne Aura® Home Office Solution to Adapt to a Changing Music Industry
Touring veteran who supported Rob Thomas, Alicia Keys and Ed Sheeran says the events of 2020 prove that collaboration equipment is vital for artists to leverage new opportunities Touring veteran who supported Rob Thomas, Alicia Keys and Ed Sheeran says...
Vegan Fast-Food Entrepreneur Continues Growth Through Pandemic With Help of ClearOne Aura Video Conferencing Solution
Plant Power Fast Food co-founder Jeffrey Harris says he would have upgraded sooner if he'd known how simple and effective better equipment could be. Plant Power Fast Food co-founder Jeffrey Harris says he would have upgraded sooner if he'd known...
ClearOne Reports First Quarter 2021 Financial Results
SALT LAKE CITY, May 13, 2021 (GLOBE NEWSWIRE) -- ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three months ended March 31, 2021.
New ClearOne CONVERGENCE AV Cloud Software Enables Powerful Management as a Service for AV Recurring Revenue Opportunities
SALT LAKE CITY, May 06, 2021 (GLOBE NEWSWIRE) -- Adding to the performance capabilities of its CONVERGENCE® AV Network Manager solution, ClearOne (NASDAQ: CLRO), a global market leader for conferencing, collaboration, and network streaming solutions, today announced the immediate availability...
Serial Entrepreneur Embraces ClearOne Aura System for Simple, Professional-Grade Videoconferencing
CelebExperts CEO Evan Morgenstein adapts to new work realities with ClearOne's stunning video and audio quality, ensuring that “we get it done, no matter what”. CelebExperts CEO Evan Morgenstein adapts to new work realities with ClearOne's stunning video and audio...
Bon Jovi Bassist Hugh McDonald Finds Clarity in Remote Work with ClearOne Aura® Versa® 50 Audio and Video Solution
SALT LAKE CITY, April 13, 2021 (GLOBE NEWSWIRE) -- As the bassist and backup singer for legendary rock band Bon Jovi, Hugh McDonald admits that his performances rely on trusted legacy equipment and he doesn't concern himself too much with...
CLRO Stock Price Increased Over 35% Pre-Market: Why It Happened
The stock price of ClearOne (NASDAQ: CLRO) increased by over 35% pre-market. This is why it happened.
Source: https://incomestatements.info
Category: Stock Reports