ClearOne designs, develops and sells conferencing, collaboration, network streaming and digital signage solutions for audio/voice and visual communications. The Company provides a comprehensive line of high-quality conferencing products for personal use, as well as traditional tabletop, mid-tier premium, and higher-end professional products for large, medium and small businesses. ClearOne's products are used by large businesses and organizations such as enterprise, healthcare, education and distance learning, government, legal and finance.

Company Growth (employees)
Type
Public
HQ
Salt Lake City, US
Founded
1983
Size (employees)
151 (est)
ClearOne was founded in 1983 and is headquartered in Salt Lake City, US

Key People/Management at ClearOne

Zee Hakimoglu

Zee Hakimoglu

President, CEO and Chairman
Narsi Narayanan

Narsi Narayanan

Vice President of Finance and Corporate Secretary
Michael Braithwaite

Michael Braithwaite

Senior Vice President of Multimedia Streaming Business

ClearOne Office Locations

ClearOne has an office in Salt Lake City
Salt Lake City, US (HQ)
500 5225 Wiley Post Way
Show all (1)

ClearOne Financials and Metrics

ClearOne Financials

ClearOne's revenue was reported to be $48.6 m in FY, 2016
USD

Revenue (Q3, 2017)

10.6 m

Gross profit (Q3, 2017)

6.5 m

Gross profit margin (Q3, 2017), %

62%

Net income (Q3, 2017)

(9.3 m)

EBIT (Q3, 2017)

(13.5 m)

Market capitalization (16-Feb-2018)

69.7 m

Cash (30-Sep-2017)

3 m
ClearOne's current market capitalization is $69.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

49.6 m57.9 m57.8 m48.6 m

Revenue growth, %

17%(0%)(16%)

Cost of goods sold

19.7 m22.6 m21.1 m19.2 m

Gross profit

29.9 m35.3 m36.7 m29.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

12.4 m12.7 m14.1 m15.7 m13.6 m14 m15.9 m13 m12 m12.9 m11.7 m10.3 m10.6 m

Cost of goods sold

4.9 m5 m6 m6.1 m5.1 m5 m5.7 m4.6 m4.3 m5.2 m5 m4.2 m4.1 m

Gross profit

7.4 m7.7 m8.1 m9.6 m8.5 m9 m10.2 m8.5 m7.7 m7.7 m6.7 m6.1 m6.5 m

Gross profit Margin, %

60%61%57%61%62%64%64%65%64%59%57%59%62%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

17.2 m7.4 m13.4 m12.1 m

Inventories

12.3 m12.8 m13.4 m11.4 m

Current Assets

48.1 m44.8 m46.1 m40.1 m

PP&E

1.8 m2 m1.6 m1.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

18.2 m7.6 m6.3 m8.9 m10.9 m10.9 m12.5 m13.9 m9.5 m12.3 m8.6 m3.4 m3 m

Inventories

12.4 m12.6 m13.9 m14.3 m14.2 m14.5 m12.7 m12 m14.4 m17.1 m19.7 m

Current Assets

45.9 m44.2 m40.7 m44.3 m47.3 m48.2 m49.5 m46.3 m42.4 m43.6 m40.7 m38.6 m38.3 m

PP&E

2 m2.2 m2.2 m2.1 m1.9 m1.8 m1.5 m1.5 m1.5 m1.4 m1.5 m1.6 m1.6 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    5.2 m5.6 m6.8 m2.4 m

    Depreciation and Amortization

    1.4 m2 m2.1 m1.9 m

    Inventories

    (998 k)(2.6 m)(2.2 m)1.9 m

    Accounts Payable

    428 k(84 k)(242 k)733 k
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

    Net Income

    3.4 m490 k934 k1.6 m1.3 m2.8 m5.2 m1.4 m955 k1.2 m(468 k)

    Depreciation and Amortization

    979 k319 k783 k1.3 m521 k1 m1.6 m483 k

    Inventories

    (1.3 m)40 k(749 k)(1.1 m)(806 k)(1.4 m)(1.5 m)(964 k)12.7 m14.4 m

    Accounts Payable

    1.2 m178 k(570 k)(298 k)820 k(19 k)(553 k)1.4 m2.1 m3.6 m4.9 m
      USDY, 2017

      Revenue/Employee

      69.9 k

      Financial Leverage

      1.2 x
      Show all financial metrics

      ClearOne Operating Metrics

      FY, 2014FY, 2015FY, 2016

      Resellers

      562461341
      Show all operating metrics

      ClearOne Market Value History

      ClearOne's Web-traffic and Trends

      ClearOne Online and Social Media Presence

      ClearOne Company Life and Culture

      You may also be interested in