GoPro market cap is $655.5 m, and annual revenue was $1.19 b in FY 2019

GoPro Gross profit (Q1, 2020)38.4 M

GoPro Gross profit margin (Q1, 2020), %32.2%

GoPro Net income (Q1, 2020)-63.5 M

GoPro EBIT (Q1, 2020)-56.1 M

GoPro Cash, 31-Mar-2020117.4 M

GoPro EV788.7 M

GoPro revenue was $1.19 b in FY, 2019 which is a 4% year over year increase from the previous period.

GoPro revenue breakdown by business segment: 54.1% from Distribution Channel and 45.9% from Direct Channel

GoPro revenue breakdown by geographic segment: 26.1% from APAC, 30.1% from EMEA and 43.9% from Americas

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|

## Revenue | 1.6b | 1.2b | 1.2b | 1.1b | 1.2b |

| 16% | (27%) | 0% | (3%) | 4% |

## Cost of goods sold | 946.8m | 723.6m | 795.2m | 786.9m | 781.9m |

## Gross profit | 673.2m | 461.9m | 384.5m | 361.4m | 412.8m |

| 42% | 39% | 33% | 31% | 35% |

## Sales and marketing expense | 268.9m | 368.6m | 236.6m | 222.1m | 206.4m |

## R&D expense | 241.7m | 358.9m | 229.3m | 167.3m | 142.9m |

## General and administrative expense | 107.8m | 107.4m | 82.1m | 66.0m | 65.8m |

## Operating expense total | 618.5m | 834.9m | 548.0m | 455.4m | 415.1m |

## EBIT | 54.7m | (373.0m) | (163.5m) | (94.0m) | (2.3m) |

| 3% | (31%) | (14%) | (8%) | 0% |

## Interest expense | 13.7m | 18.7m | 19.2m | ||

## Pre tax profit | 52.6m | (375.2m) | (176.4m) | (107.7m) | (19.1m) |

## Income tax expense | 16.5m | 43.8m | 6.5m | 1.4m | (4.4m) |

## Net Income | 36.1m | (419.0m) | (182.9m) | (109.0m) | (14.6m) |

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|

## Cash | 279.7m | 192.1m | 202.5m | 152.1m | 150.3m |

## Accounts Receivable | 145.7m | 164.6m | 112.9m | 129.2m | 200.6m |

## Prepaid Expenses | 25.3m | 38.1m | 62.8m | 30.9m | 26.0m |

## Inventories | 188.2m | 167.2m | 150.6m | 116.5m | 144.2m |

## Current Assets | 833.2m | 587.8m | 573.7m | 474.1m | 536.0m |

## PP&E | 70.1m | 76.5m | 68.6m | 46.6m | 36.5m |

## Goodwill | 57.1m | 146.5m | 146.5m | 146.5m | 146.5m |

## Total Assets | 1.1b | 922.6m | 850.2m | 698.4m | 792.8m |

## Accounts Payable | 90.0m | 205.0m | 138.3m | 148.5m | 160.7m |

## Short-term debt | 9.1m | ||||

## Current Liabilities | 295.2m | 430.7m | 370.5m | 299.5m | 327.1m |

## Long-term debt | 130.0m | 139.0m | 211.8m | ||

## Total Debt | 130.0m | 139.0m | 220.9m | ||

## Total Liabilities | 330.9m | 475.7m | 551.5m | 486.2m | 559.3m |

## Common Stock | 663.3m | 757.2m | 854.5m | 894.8m | 930.9m |

## Retained Earnings | 144.3m | (274.7m) | (442.1m) | (569.0m) | (583.7m) |

## Total Equity | 772.0m | 446.9m | 298.7m | 212.1m | 233.5m |

## Debt to Equity Ratio | 0.4 x | 0.7 x | 0.9 x | ||

## Debt to Assets Ratio | 0.2 x | 0.2 x | 0.3 x | ||

## Financial Leverage | 1.4 x | 2.1 x | 2.8 x | 3.3 x | 3.4 x |

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|

## Net Income | 36.1m | (419.0m) | (182.9m) | (109.0m) | (14.6m) |

## Depreciation and Amortization | 29.0m | 41.6m | 41.5m | 35.1m | 26.3m |

## Accounts Receivable | 38.3m | (18.8m) | 52.3m | (16.5m) | (71.3m) |

## Inventories | (35.0m) | 21.0m | 16.6m | 34.1m | (27.8m) |

## Accounts Payable | 68.5m | 142.9m | (44.4m) | (70.4m) | 3.2m |

## Cash From Operating Activities | 157.6m | (107.8m) | (36.9m) | (42.4m) | (24.4m) |

## Purchases of PP&E | (51.2m) | (43.6m) | (24.1m) | (11.0m) | (8.3m) |

## Cash From Investing Activities | (212.0m) | 19.3m | (43.1m) | (6.2m) | 22.8m |

## Long-term Borrowings | (20.0m) | ||||

## Cash From Financing Activities | 15.7m | 2.0m | 88.6m | (1.5m) | (1.0m) |

## Net Change in Cash | (40.3m) | (87.6m) | 10.4m | (50.4m) | (1.8m) |

## Interest Paid | 6.2m | ||||

## Income Taxes Paid | 176.0k |

USD | Y, 2020 |
---|---|

## EV/EBIT | -14.1 x |

## EV/CFO | -11.6 x |

## Financial Leverage | 3.5 x |

GoPro's Units Shipped was reported to be 4.3 m in FY, 2019. GoPro's Stores was reported to be 30 k in FY, 2019.

Q1, 2014 | Q2, 2014 | Q3, 2014 | Q4, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q4, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q4, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | FY, 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Average Selling Price Per Unit | $274 | $265 | $280 | |||||||||||||||||||||||||||

## Countries | 100 | 100 | 100 | 100 | 100 | 100 | ||||||||||||||||||||||||

## Patents (Foreign) | 21 | 87 | 112 | 229 | 283 | 314 | ||||||||||||||||||||||||

## Patents (US) | 56 | 114 | 208 | 369 | 510 | 682 | ||||||||||||||||||||||||

## Patents Pending (Foreign) | 39 | 105 | 165 | 153 | 108 | 193 | ||||||||||||||||||||||||

## Patents Pending (US) | 116 | 247 | 497 | 441 | 436 | 441 | ||||||||||||||||||||||||

## Stores | 25 k | 40 k | 45 k | 30 k | 30 k | 30 k | ||||||||||||||||||||||||

## Units Shipped | 852 k | 854 k | 1.09 m | 2.39 m | 5.18 m | 1.34 m | 1.65 m | 1.59 m | 2 m | 6.58 m | 701 k | 759 k | 1.02 m | 2.28 m | 4.76 m | 738 k | 1.06 m | 1.14 m | 1.36 m | 4.30 m | 758 k | 1.07 m | 1.09 m | 1.41 m | 4.34 m | 842 k | 1.08 m | 479 k | 1.86 m | 4.26 m |