ClearOne Financials

$10.6 M

Revenue Q3, 2017

$69.7 M

Mkt cap, 16-Feb-2018
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)
Cash, 30-Sep-20173 M

Financials

Market Value

Revenue/Financials

Income Statement

Annual

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

Gross profit Margin, %

60%61%64%61%

EBIT

7.6 m8 m10.3 m3.6 m

EBIT margin, %

15%14%18%7%

Pre tax profit

7.8 m8.2 m10.6 m3.9 m

Income tax expense

(2.6 m)(2.6 m)(3.8 m)(1.4 m)

Net Income

5.2 m5.6 m6.8 m2.4 m

    Quarterly

    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%

    Sales and marketing expense

    2.2 m2.7 m3 m2.8 m2.6 m2.8 m2.8 m2.6 m2.7 m2.4 m2.7 m2.6 m3 m

    General and administrative expense

    1.4 m2 m1.6 m1.5 m2 m1.9 m1.8 m1.6 m1.6 m1.7 m2.1 m2.2 m1.3 m

    Operating expense total

    5.1 m6.9 m6.9 m6.6 m6.6 m6.7 m6.7 m6.5 m6.3 m6.2 m7.2 m7.2 m20 m

    Depreciation and amortization

    1.2 m

    EBIT

    2.3 m761 k1.1 m3 m1.9 m2.3 m3.5 m2 m1.3 m1.4 m(526 k)(1.1 m)(13.5 m)

    EBIT margin, %

    19%6%8%19%14%16%22%15%11%11%(5%)(11%)(128%)

    Pre tax profit

    2.4 m842 k1.2 m3.1 m2 m2.4 m3.6 m2 m1.4 m1.5 m(424 k)(1 m)(13.4 m)

    Income tax expense

    726 k352 k259 k1.5 m731 k863 k1.1 m615 k449 k315 k44 k(205 k)(4.2 m)

    Net Income

    1.7 m490 k934 k1.6 m1.3 m1.5 m2.4 m1.4 m955 k1.2 m(468 k)(820 k)(9.3 m)

      Balance Sheet

      Annual

      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

      Goodwill

      3.5 m12.7 m12.7 m12.7 m

      Total Assets

      81.1 m88.9 m93.5 m88.1 m

      Accounts Payable

      2.7 m3.1 m2.8 m3.5 m

      Current Liabilities

      8.6 m10.8 m9.6 m9.3 m

      Total Liabilities

      10.7 m

      Additional Paid-in Capital

      41.3 m44.9 m46.3 m46.7 m

      Retained Earnings

      29 m31.1 m36.4 m31 m

      Total Equity

      70.3 m76 m82.6 m77.4 m

      Financial Leverage

      1.2 x1.2 x1.1 x1.1 x

        Quarterly

        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

        Goodwill

        3.5 m9.9 m12.5 m12.6 m12.7 m12.7 m12.7 m12.7 m12.7 m12.7 m12.7 m12.7 m

        Total Assets

        81 m86.4 m87.1 m89.8 m89.7 m90.8 m93.1 m94.4 m90.3 m91.3 m88.1 m84.7 m74.4 m

        Accounts Payable

        3.6 m3.3 m2.6 m2.9 m3.9 m3 m2.5 m4.2 m2.1 m3.6 m4.9 m5 m5.8 m

        Current Liabilities

        10 m10.1 m10.4 m12.3 m11 m10.7 m10.3 m10.5 m9.1 m9.9 m10.8 m11 m11.5 m

        Total Liabilities

        12.4 m12.7 m13.2 m14.9 m12.6 m12.1 m11.7 m11.8 m10.6 m11.3 m12.2 m12.3 m12.8 m

        Additional Paid-in Capital

        39 m44.2 m44.5 m44.6 m45.2 m45.5 m45.8 m45.6 m46 m46.5 m46.9 m47.1 m47.3 m

        Retained Earnings

        29.7 m29.5 m29.2 m30.1 m32 m33.2 m35.6 m36.9 m33.7 m33.5 m29.1 m25.4 m14.3 m

        Total Equity

        68.6 m73.8 m73.9 m74.9 m77.1 m78.7 m81.4 m82.5 m79.8 m80 m75.9 m72.4 m61.6 m

        Financial Leverage

        1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.1 x1.1 x1.1 x1.1 x1.2 x1.2 x1.2 x

          Cash Flow

          Annual

          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

          Cash From Operating Activities

          (10 m)6.7 m7.6 m7.8 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 m3 m3.7 m1.2 m

            Quarterly

            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

            Cash From Operating Activities

            (9.5 m)3.6 m2.8 m5.8 m2.8 m2.9 m6.4 m2.1 m

            Purchases of PP&E

            (723 k)(249 k)(371 k)(496 k)(76 k)(182 k)(98 k)(139 k)

            Cash From Investing Activities

            (26.1 m)(14.2 m)(13.9 m)(13.5 m)688 k811 k(983 k)110 k

            Dividends Paid

            (639 k)(459 k)

            Cash From Financing Activities

            1.1 m131 k(593 k)27 k(200 k)(316 k)(1.7 m)

            Income Taxes Paid

            17 m29 k657 k1.7 m881 k2.3 m2.3 m537 k

              Ratios

              USDY, 2017

              Revenue/Employee

              69.9 k

              Financial Leverage

              1.2 x

              Operating Metrics

              FY, 2014FY, 2015FY, 2016

              Resellers

              562461341