See more : M.Yochananof and Sons (1988) Ltd (YHNF.TA) Income Statement Analysis – Financial Results
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 Appoints Chromasound as Distributor in Hungary
SALT LAKE CITY, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Addressing further growth in the Eastern European AV markets, ClearOne, ClearOne (NASDAQ: CLRO), a global provider of audio and visual communications solutions, has appointed Chromasound PLC, based in Budapest, Hungary, as...
ClearOne Expands Middle East Distribution with New Redington Partnership
SALT LAKE CITY, Dec. 10, 2020 (GLOBE NEWSWIRE) -- As Middle East AV markets continue to grow, ClearOne, ClearOne (NASDAQ: CLRO), a global provider of audio and visual communications solutions, begins its newest partnership agreement for distribution of Audio Conferencing,...
New ClearOne BMA 360 Beamforming Microphone Array Ceiling Tile Receives a 2020 Sound & Video Contractor Magazine Innovation Product Award
SALT LAKE CITY, Dec. 8, 2020 /PRNewswire/ -- Underscoring the overwhelmingly positive market reaction to its introduction, ClearOne (NASDAQ:CLRO), a leading global provider of audio and visual communication solutions, today announced that its new BMA 360 Beamforming Microphone Array...
ClearOne's CONVERGENCE AV Network Manager Upgraded to Support the New BMA 360 and Thousands More Devices and Users
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ClearOne Strengthens India Distribution with Trustech
SALT LAKE CITY, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Responding to growing regional demand for the expanding audio conferencing, visual collaboration, and AV networking solutions, ClearOne (NASDAQ: CLRO), a global provider of audio and visual communications solutions, bolsters its sales...
ClearOne Reports Third Quarter 2020 Financial Results
SALT LAKE CITY, Nov. 16, 2020 (GLOBE NEWSWIRE) -- ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three and nine month periods ended September 30, 2020.
Mid-Afternoon Market Update: Dow Rises 350 Points; Cassava Sciences Shares Spike Higher
Toward the end of trading Monday, the Dow traded up 1.27% to 28,016 while the NASDAQ rose 1.74% to 11042.51. The S&P also rose, gaining 1.41% to 3,387.94. The U.S. has the...
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