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Complete financial analysis of Turtle Beach Corporation (HEAR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Turtle Beach Corporation, a leading company in the Consumer Electronics industry within the Technology sector.
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Turtle Beach Corporation (HEAR)
About Turtle Beach Corporation
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 258.12M | 240.17M | 366.35M | 360.09M | 234.66M | 287.44M | 149.14M | 173.98M | 162.75M | 186.18M | 562.90K | 233.65K | 79.17K | 607.04K | 607.11K | 743.34K |
| Cost of Revenue | 182.62M | 190.98M | 237.97M | 226.31M | 155.95M | 178.74M | 98.13M | 131.37M | 122.06M | 135.51M | 292.33K | 120.14K | 35.52K | 505.58K | 638.76K | 811.85K |
| Gross Profit | 75.50M | 49.19M | 128.38M | 133.79M | 78.71M | 108.70M | 51.00M | 42.61M | 40.69M | 50.67M | 270.57K | 113.51K | 43.64K | 101.46K | -31.66K | -68.50K |
| Gross Profit Ratio | 29.25% | 20.48% | 35.04% | 37.15% | 33.54% | 37.82% | 34.20% | 24.49% | 25.00% | 27.21% | 48.07% | 48.58% | 55.13% | 16.71% | -5.21% | -9.22% |
| Research & Development | 17.14M | 19.12M | 17.49M | 12.27M | 7.86M | 5.61M | 5.59M | 8.26M | 11.56M | 9.40M | 2.06M | 1.34M | 619.38K | 229.40K | 114.80K | 740.58K |
| General & Administrative | 31.32M | 32.56M | 31.58M | 25.58M | 21.80M | 16.66M | 15.70M | 19.58M | 21.48M | 17.16M | 4.60M | 3.25M | 572.33K | 446.86K | 0.00 | 0.00 |
| Selling & Marketing | 43.49M | 47.09M | 58.88M | 46.78M | 38.63M | 32.39M | 24.39M | 28.57M | 31.83M | 33.44M | 31.65M | 22.84M | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 74.81M | 79.65M | 90.46M | 72.36M | 60.43M | 49.05M | 40.09M | 48.15M | 53.31M | 50.60M | 4.60M | 3.25M | 572.33K | 446.86K | 839.97K | 1.34M |
| Other Expenses | 0.00 | -1.75M | 101.00K | 3.76M | 2.21M | -7.78M | 463.00K | -2.42M | -1.02M | -724.00K | -5.97K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 92.34M | 98.77M | 107.95M | 84.62M | 68.29M | 54.66M | 45.67M | 56.41M | 64.87M | 63.75M | 7.94M | 4.59M | 1.19M | 676.26K | 954.77K | 2.08M |
| Cost & Expenses | 274.57M | 289.75M | 345.92M | 310.93M | 224.24M | 233.40M | 143.80M | 187.78M | 186.93M | 199.25M | 8.23M | 4.71M | 1.23M | 1.18M | 1.59M | 2.89M |
| Interest Income | 0.00 | 1.22M | 383.00K | 467.00K | 929.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.51K | 15.03K | 2.90K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 504.00K | 1.22M | 383.00K | 467.00K | 929.00K | 5.34M | 7.92M | 7.45M | 5.10M | 7.21M | 4.56K | 2.96K | 308.50K | 348.40K | 0.00 | 0.00 |
| Depreciation & Amortization | 4.84M | 5.82M | 5.31M | 5.25M | 5.20M | 4.26M | 4.42M | 9.19M | 7.92M | 6.87M | 256.67K | 180.90K | 62.96K | 71.99K | 69.62K | 113.22K |
| EBITDA | -12.00M | -47.42M | 25.85M | 58.17M | 17.83M | 50.52M | 9.68M | -70.93M | -67.50M | -9.88M | -7.41M | -4.28M | -1.18M | -502.80K | -870.49K | -2.04M |
| EBITDA Ratio | -4.65% | -21.38% | 5.60% | 14.70% | 5.38% | 16.09% | 3.89% | -9.32% | -15.48% | -7.41% | -1,316.25% | -1,836.25% | -1,335.41% | -25.44% | -151.01% | -273.97% |
| Operating Income | -16.44M | -49.58M | 15.22M | 49.17M | 7.44M | 54.04M | 4.80M | -77.70M | -74.40M | -13.83M | -7.67M | -4.47M | -1.18M | -921.70K | -986.43K | -2.15M |
| Operating Income Ratio | -6.37% | -20.65% | 4.15% | 13.65% | 3.17% | 18.80% | 3.22% | -44.66% | -45.71% | -7.43% | -1,362.30% | -1,914.94% | -1,486.32% | -151.84% | -162.48% | -289.20% |
| Total Other Income/Expenses | -898.00K | -2.97M | -360.00K | 3.29M | -2.24M | -13.11M | -7.45M | -9.87M | -6.12M | -7.93M | -2.02K | 12.06K | -307.78K | -1.50K | 0.00 | 0.00 |
| Income Before Tax | -17.34M | -54.45M | 20.15M | 52.46M | 11.71M | 40.93M | -2.66M | -87.57M | -80.51M | -21.76M | -7.67M | -4.48M | -1.18M | -923.20K | 0.00 | 0.00 |
| Income Before Tax Ratio | -6.72% | -22.67% | 5.50% | 14.57% | 4.99% | 14.24% | -1.78% | -50.33% | -49.47% | -11.69% | -1,362.66% | -1,916.21% | -1,485.42% | -152.08% | 0.00% | 0.00% |
| Income Tax Expense | 338.00K | 5.09M | 2.43M | 13.71M | -6.24M | 1.74M | 593.00K | -387.00K | 2.39M | -6.27M | 2.02K | -9.10K | 55.80K | 696.80K | 0.00 | 0.00 |
| Net Income | -17.68M | -59.55M | 17.72M | 38.75M | 17.94M | 39.19M | -3.25M | -87.18M | -82.91M | -15.49M | -7.67M | -4.46M | -1.48M | -923.20K | -986.43K | -2.15M |
| Net Income Ratio | -6.85% | -24.79% | 4.84% | 10.76% | 7.65% | 13.63% | -2.18% | -50.11% | -50.94% | -8.32% | -1,362.66% | -1,909.78% | -1,875.10% | -152.08% | -162.48% | -289.20% |
| EPS | -1.03 | -3.62 | 1.11 | 2.62 | 1.24 | 2.74 | -0.26 | -7.18 | -7.85 | -1.56 | -1.16 | -0.85 | -1.75 | -1.21 | -1.29 | -2.81 |
| EPS Diluted | -1.03 | -3.62 | 0.97 | 2.37 | 1.04 | 2.74 | -0.26 | -7.18 | -7.85 | -1.56 | -1.16 | -0.85 | -1.75 | -1.21 | -1.29 | -2.81 |
| Weighted Avg Shares Out | 17.14M | 16.45M | 15.92M | 14.80M | 14.48M | 14.29M | 12.34M | 12.14M | 10.57M | 9.92M | 6.59M | 5.26M | 848.49K | 765.30K | 765.30K | 765.30K |
| Weighted Avg Shares Out (Dil) | 17.14M | 16.45M | 18.25M | 16.36M | 15.69M | 14.29M | 12.34M | 12.15M | 10.57M | 9.92M | 6.59M | 5.26M | 848.49K | 765.30K | 765.30K | 765.30K |
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