ClearOne was founded in 1983 and is headquartered in Salt Lake City, US

ClearOne has an office in Salt Lake City

Salt Lake City, US (HQ)

500 5225 Wiley Post Way

ClearOne's revenue was reported to be $11.7 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 11.7 m |

## Gross profit (Q1, 2017) | 6.7 m |

## Gross profit margin (Q1, 2017), % | 57% |

## Net income (Q1, 2017) | (468 k) |

## EBIT (Q1, 2017) | (526 k) |

## Market capitalization (21-Jul-2017) | 85.1 m |

## Cash (31-Mar-2017) | 8.6 m |

ClearOne's current market capitalization is $85.1 m.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 49.6 m | 57.9 m | 57.8 m | 48.6 m |

## Revenue growth, % | 17% | (0%) | (16%) | |

## Cost of goods sold | 19.7 m | 22.6 m | 21.1 m | 19.2 m |

## Gross profit | 29.9 m | 35.3 m | 36.7 m | 29.5 m |

## Gross profit Margin, % | 60% | 61% | 64% | 61% |

## Operating expense total | 22.2 m | 27.3 m | 26.5 m | 25.9 m |

## EBIT | 7.6 m | 8 m | 10.3 m | 3.6 m |

## EBIT margin, % | 15% | 14% | 18% | 7% |

## Pre tax profit | 7.8 m | 8.2 m | 10.6 m | 3.9 m |

## Income tax expense | (2.6 m) | (2.6 m) | (3.8 m) | (1.4 m) |

## Net Income | 5.2 m | 5.6 m | 6.8 m | 2.4 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 14.1 m | 15.7 m | 13.6 m | 14 m | 15.9 m | 13 m | 12 m | 12.9 m | 11.7 m |

## Cost of goods sold | 6 m | 6.1 m | 5.1 m | 5 m | 5.7 m | 4.6 m | 4.3 m | 5.2 m | 5 m |

## Gross profit | 8.1 m | 9.6 m | 8.5 m | 9 m | 10.2 m | 8.5 m | 7.7 m | 7.7 m | 6.7 m |

## Gross profit Margin, % | 57% | 61% | 62% | 64% | 64% | 65% | 64% | 59% | 57% |

## Sales and marketing expense | 3 m | 2.8 m | 2.6 m | 2.8 m | 2.8 m | 2.6 m | 2.7 m | 2.4 m | 2.7 m |

## General and administrative expense | 1.6 m | 1.5 m | 2 m | 1.9 m | 1.8 m | 1.6 m | 1.6 m | 1.7 m | 2.1 m |

## Operating expense total | 4.6 m | 4.3 m | 4.6 m | 4.6 m | 4.5 m | 4.2 m | 4.2 m | 4.1 m | 4.8 m |

## EBIT | 1.1 m | 3 m | 1.9 m | 2.3 m | 3.5 m | 2 m | 1.3 m | 1.4 m | (526 k) |

## EBIT margin, % | 8% | 19% | 14% | 16% | 22% | 15% | 11% | 11% | (5%) |

## Pre tax profit | 1.2 m | 3.1 m | 2 m | 2.4 m | 3.6 m | 2 m | 1.4 m | 1.5 m | (424 k) |

## Income tax expense | 259 k | 1.5 m | 731 k | 863 k | 1.1 m | 615 k | 449 k | 315 k | 44 k |

## Net Income | 934 k | 1.6 m | 1.3 m | 2.8 m | 5.2 m | 1.4 m | 955 k | 1.2 m | (468 k) |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 17.2 m | 7.4 m | 13.4 m | 12.1 m |

## Inventories | 12.3 m | 12.8 m | 13.4 m | 11.4 m |

## Current Assets | 48.1 m | 44.8 m | 46.1 m | 40.1 m |

## PP&E | 1.8 m | 2 m | 1.6 m | 1.5 m |

## Goodwill | 3.5 m | 12.7 m | 12.7 m | 12.7 m |

## Total Assets | 81.1 m | 88.9 m | 93.5 m | 88.1 m |

## Accounts Payable | 2.7 m | 3.1 m | 2.8 m | 3.5 m |

## Current Liabilities | 8.6 m | 10.8 m | 9.6 m | 9.3 m |

## Total Liabilities | 10.7 m | |||

## Additional Paid-in Capital | 41.3 m | 44.9 m | 46.3 m | 46.7 m |

## Retained Earnings | 29 m | 31.1 m | 36.4 m | 31 m |

## Total Equity | 70.3 m | 76 m | 82.6 m | 77.4 m |

## Financial Leverage | 1.2 x | 1.2 x | 1.1 x | 1.1 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 6.3 m | 8.9 m | 10.9 m | 10.9 m | 12.5 m | 13.9 m | 9.5 m | 12.3 m | 8.6 m |

## Inventories | 13.9 m | 14.3 m | 14.2 m | 14.5 m | 12.7 m | 12 m | 14.4 m | ||

## Current Assets | 40.7 m | 44.3 m | 47.3 m | 48.2 m | 49.5 m | 46.3 m | 42.4 m | 43.6 m | 40.7 m |

## PP&E | 2.2 m | 2.1 m | 1.9 m | 1.8 m | 1.5 m | 1.5 m | 1.5 m | 1.4 m | 1.5 m |

## Goodwill | 12.5 m | 12.6 m | 12.7 m | 12.7 m | 12.7 m | 12.7 m | 12.7 m | 12.7 m | 12.7 m |

## Total Assets | 87.1 m | 89.8 m | 89.7 m | 90.8 m | 93.1 m | 94.4 m | 90.3 m | 91.3 m | 88.1 m |

## Accounts Payable | 2.6 m | 2.9 m | 3.9 m | 3 m | 2.5 m | 4.2 m | 2.1 m | 3.6 m | 4.9 m |

## Current Liabilities | 10.4 m | 12.3 m | 11 m | 10.7 m | 10.3 m | 10.5 m | 9.1 m | 9.9 m | 10.8 m |

## Additional Paid-in Capital | 44.5 m | 44.6 m | 45.2 m | 45.5 m | 45.8 m | 45.6 m | 46 m | 46.5 m | 46.9 m |

## Retained Earnings | 29.2 m | 30.1 m | 32 m | 33.2 m | 35.6 m | 36.9 m | 33.7 m | 33.5 m | 29.1 m |

## Total Equity | 73.9 m | 74.9 m | 77.1 m | 78.7 m | 81.4 m | 82.5 m | 79.8 m | 80 m | 75.9 m |

## Financial Leverage | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x | 1.2 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 5.2 m | 5.6 m | 6.8 m | 2.4 m |

## Depreciation and Amortization | 1.4 m | 2 m | 2.1 m | 1.9 m |

## Inventories | (998 k) | (2.6 m) | (2.2 m) | 1.9 m |

## Accounts Payable | 428 k | (84 k) | (242 k) | 733 k |

## Cash From Operating Activities | (10 m) | 6.7 m | 7.6 m | 7.8 m |

## Purchases of PP&E | (1 m) | (642 k) | (359 k) | (730 k) |

## Cash From Investing Activities | (26.5 m) | (14.4 m) | (648 k) | (922 k) |

## Dividends Paid | (914 k) | (1.4 m) | (1.8 m) | |

## Cash From Financing Activities | (1.8 m) | (913 k) | (8.2 m) | |

## Interest Paid | 3 k | |||

## Income Taxes Paid | 18 m | 3 m | 3.7 m | 1.2 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 934 k | 1.6 m | 1.3 m | 2.8 m | 5.2 m | 1.4 m | 955 k | 1.2 m | (468 k) |

## Depreciation and Amortization | 783 k | 1.3 m | 521 k | 1 m | 1.6 m | 483 k | |||

## Inventories | (749 k) | (1.1 m) | (806 k) | (1.4 m) | (1.5 m) | (964 k) | 12.7 m | 14.4 m | |

## Accounts Payable | (570 k) | (298 k) | 820 k | (19 k) | (553 k) | 1.4 m | 2.1 m | 3.6 m | 4.9 m |

## Cash From Operating Activities | 2.8 m | 5.8 m | 2.8 m | 2.9 m | 6.4 m | 2.1 m | |||

## Purchases of PP&E | (371 k) | (496 k) | (76 k) | (182 k) | (98 k) | (139 k) | |||

## Cash From Investing Activities | (13.9 m) | (13.5 m) | 688 k | 811 k | (983 k) | 110 k | |||

## Dividends Paid | (639 k) | (459 k) | |||||||

## Cash From Financing Activities | 131 k | (593 k) | 27 k | (200 k) | (316 k) | (1.7 m) | |||

## Income Taxes Paid | 657 k | 1.7 m | 881 k | 2.3 m | 2.3 m | 537 k |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 73.9 k |

## Financial Leverage | 1.2 x |