OverviewSuggest Edit

Emerson Radio Corp., founded in 1948, is one of the nation’s largest volume consumer electronics distributors with a recognized trademark in continuous use since 1912. It continues to be one of the oldest and well-respected names in the consumer electronics industry.

The Company engages in the design and marketing of audio and video products tailored to meet consumer preferences of the local market, particularly in the case of International markets. The breadth of products offered encompass televisions, Digital Versatile Disc (DVD) players and video cassette recorders (VCR's), audio accessories, microwave ovens, home theater, high end audio products, office products, mobile stereo and wireless products.

The Company distributes its products primarily through mass merchants, discount retailers, and specialty catalogers and, to a lesser degree, the Internet. The Company utilizes an extensive distributor network to facilitate its international presence and further leverages the Emerson brand globally through various licensing agreements. Its core business consists primarily of the distribution and sale of various low to moderately priced product categories.

TypePublic
Founded1948
HQUS
Websiteemersonradio.com

Locations

Emerson Radio is headquartered in
United States

Location Map

Latest Updates

Employees (est.) (Jun 2019)23(-14%)
Revenue (FY, 2019)$9 M(-40%)
Share Price (Feb 2020)$0.9

Key People/Management at Emerson Radio

Duncan Hon

Duncan Hon

CEO, Director
Mike Binney

Mike Binney

Chief Financial Officer and Executive Vice President, Executive Director
Barry Smith

Barry Smith

Treasurer and Senior Vice President of Operations
Christopher W. Ho

Christopher W. Ho

Chairman of the Board
Kareem Sethi

Kareem Sethi

Non-Executive Director
Kin Yuen

Kin Yuen

Non-Executive Director
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Emerson Radio Office Locations

Emerson Radio has an office in
Show all (1)

Emerson Radio Financials and Metrics

Emerson Radio Revenue

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View revenue for all periods
Emerson Radio's revenue was reported to be $8.98 m in FY, 2019
USD

Revenue (Q2, 2020)

1.4m

Gross profit (Q2, 2020)

(115.0k)

Gross profit margin (Q2, 2020), %

(8%)

Net income (Q2, 2020)

(876.0k)

EBIT (Q2, 2020)

(1.1m)

Market capitalization (13-Feb-2020)

18.5m

Closing stock price (13-Feb-2020)

0.9

Cash (30-Sept-2019)

5.1m

EV

13.8m
Emerson Radio's current market capitalization is $18.5 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

163.3m128.4m77.8m76.3m45.8m21.3m15.0m9.0m

Revenue growth, %

(2%)(40%)(54%)

Cost of goods sold

142.3m108.6m63.0m62.1m38.8m16.3m13.9m8.8m

Gross profit

21.0m19.8m14.8m14.2m6.9m5.0m1.1m222.0k
Quarterly
USDQ3, 2012Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

43.5m24.7m24.7m18.3m20.9m25.9m14.2m22.9m19.5m8.9m9.2m6.6m6.0m4.9m3.0m3.7m4.2m2.3m2.6m2.5m1.6m1.4m

Cost of goods sold

36.7m20.5m21.0m15.6m16.0m22.4m11.8m17.2m17.0m7.5m7.5m5.1m4.5m3.4m2.8m3.5m4.0m2.2m2.4m2.4m1.7m1.6m

Gross profit

6.8m4.2m3.7m2.7m4.9m3.5m2.5m5.7m2.5m1.4m1.7m1.5m1.6m1.6m230.0k247.0k190.0k52.0k152.0k183.0k(135.0k)(115.0k)

Gross profit Margin, %

16%17%15%15%23%14%17%25%13%16%18%23%26%32%8%7%4%2%6%7%(8%)(8%)
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

45.0m21.4m26.3m43.5m30.1m27.5m25.1m7.9m

Accounts Receivable

12.1m7.9m4.4m4.3m2.8m1.2m1.9m604.0k

Prepaid Expenses

2.9m1.9m1.6m702.0k556.0k497.0k421.0k

Inventories

11.3m3.5m5.4m4.5m2.1m838.0k3.2m3.5m
Quarterly
USDQ3, 2012Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

42.0m23.3m16.0m52.1m18.7m47.9m26.8m24.2m27.7m38.3m27.6m42.7m39.0m41.6m49.4m21.9m20.8m23.3m23.4m21.9m7.3m5.1m

Accounts Receivable

12.8m5.9m14.1m5.2m10.3m16.8m6.1m9.6m9.3m3.2m3.0m1.5m870.0k775.0k1.5m1.8m1.6m956.0k1.1m749.0k860.0k673.0k

Prepaid Expenses

2.2m5.4m5.3m2.8m2.6m472.0k628.0k583.0k605.0k800.0k2.2m581.0k830.0k576.0k484.0k603.0k572.0k353.0k589.0k

Inventories

18.8m12.9m6.1m7.3m5.7m8.9m5.7m4.4m4.5m4.6m4.7m3.8m3.9m2.7m4.4m3.4m3.1m3.8m3.2m4.6m3.4m2.6m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

10.6m6.0m1.3m1.9m(968.0k)(237.0k)(6.9m)(2.4m)

Depreciation and Amortization

276.0k106.0k88.0k75.0k48.0k16.0k8.0k5.0k

Inventories

(755.0k)7.7m(2.0m)919.0k2.5m1.2m(2.3m)(356.0k)

Accounts Payable

(5.3m)(1.4m)(3.3m)(1.8m)(446.0k)(935.0k)47.0k(258.0k)
Quarterly
USDQ3, 2012Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

8.3m7.5m1.4m1.8m376.0k651.0k698.0k3.6m121.0k(589.0k)(655.0k)(54.0k)111.0k559.0k(890.0k)(1.9m)(3.1m)(850.0k)(1.4m)(2.0m)(987.0k)(1.9m)

Depreciation and Amortization

247.0k76.0k28.0k52.0k71.0k8.0k30.0k57.0k17.0k33.0k41.0k5.0k7.0k13.0k2.0k4.0k6.0k2.0k4.0k5.0k1.0k

Inventories

(8.4m)(1.7m)(2.6m)(3.8m)(2.2m)(3.5m)(241.0k)998.0k(1.0k)(67.0k)(155.0k)(1.8m)(1.8m)(610.0k)(3.6m)(2.6m)(2.2m)(679.0k)(26.0k)(1.5m)165.0k899.0k

Accounts Payable

1.5m2.5m5.2m557.0k(3.1m)751.0k(36.0k)(1.1m)(141.0k)495.0k(487.0k)289.0k(573.0k)(618.0k)310.0k225.0k331.0k70.0k(86.0k)(167.0k)175.0k46.0k
USDY, 2019

EV/EBIT

-12.7 x

EV/CFO

-9.9 x

Financial Leverage

1.1 x
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Emerson Radio Online and Social Media Presence

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Emerson Radio Frequently Asked Questions

  • When was Emerson Radio founded?

    Emerson Radio was founded in 1948.

  • Who are Emerson Radio key executives?

    Emerson Radio's key executives are Duncan Hon, Mike Binney and Barry Smith.

  • How many employees does Emerson Radio have?

    Emerson Radio has 23 employees.

  • What is Emerson Radio revenue?

    Latest Emerson Radio annual revenue is $9 m.

  • What is Emerson Radio revenue per employee?

    Latest Emerson Radio revenue per employee is $390.5 k.

  • Who are Emerson Radio competitors?

    Competitors of Emerson Radio include Focus Camera, Serendipity Electronics and Certified Scale.

  • Where are Emerson Radio offices?

    Emerson Radio has an office in.

  • How many offices does Emerson Radio have?

    Emerson Radio has 1 office.