Snap One

OverviewSuggest Edit

Snap One (formerly known as Crackle Intermediate, SnapAV) is a company that manufactures and distributes products for audio, video, security, and network installation professionals. It offers amplifiers, wires, cables, connectors, fans, speakers, televisions, routers, power tools, mounts, and networking products.
TypePublic
Founded2005
HQCharlotte, NC, US
Websitesnapone.com
Employee Ratings3.9
Overall CultureC+

Latest Updates

Employees (est.) (Mar 2021)1,302
Job Openings139
Revenue (Y, 2020)$814.1 M(+38%)
Share Price (Jun 2022)$11.9
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Snap One

John Heyman

John Heyman

Chief Executive Officer, Director
Mike Carlet

Mike Carlet

Chief Financial Officer
Jeff Dungan

Jeff Dungan

Chief Operations Officer
Jeff Hindman

Jeff Hindman

Chief Revenue Officer
G Paul Hess

G Paul Hess

Chief Product Officer
JD Ellis

JD Ellis

Chief Legal Officer
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Snap One Office Locations

Snap One has offices in Charlotte and Draper
Charlotte, NC, US (HQ)
1800 Continental Blvd #200
Draper, UT, US
11734 S Election Rd
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Snap One Financials and Metrics

Snap One Revenue

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View revenue for all periods
Snap One's revenue was reported to be $814.11 m in Y, 2020 which is a 37.8% increase from the previous period.
USD

Revenue (Q3, 2021)

260.7m

Gross profit (Q3, 2021)

109.5m

Gross profit margin (Q3, 2021), %

42%

Net income (Q3, 2021)

(21.5m)

EBIT (Q3, 2021)

(9.8m)

Market capitalization (24-Jun-2022)

900.0m

Closing stock price (24-Jun-2022)

11.9

Cash (24-Sept-2021)

60.6m

EV

1.3b
Snap One's current market capitalization is $900 m.
Annual
USDY, 2019Y, 2020

Revenue

590.8m814.1m

Revenue growth, %

38%

Cost of goods sold

354.8m474.8m

Gross profit

236.0m339.3m
Quarterly
USDQ2, 2021Q3, 2021

Revenue

253.3m260.7m

Cost of goods sold

152.1m151.3m

Gross profit

101.2m109.5m

Gross profit Margin, %

40%42%
Annual
USDY, 2019Y, 2020

Cash

33.2m77.5m

Accounts Receivable

46.2m49.4m

Prepaid Expenses

9.7m9.7m

Inventories

165.3m157.1m
Quarterly
USDQ2, 2021Q3, 2021

Cash

35.9m60.6m

Accounts Receivable

56.7m54.1m

Prepaid Expenses

15.9m31.3m

Inventories

174.4m174.4m
Annual
USDY, 2019Y, 2020

Net Income

(34.5m)(25.2m)

Depreciation and Amortization

39.7m58.0m

Inventories

(9.3m)7.9m

Accounts Payable

5.5m20.0m
Quarterly
USDQ2, 2021Q3, 2021

Net Income

(7.1m)(28.6m)

Depreciation and Amortization

27.9m42.2m

Inventories

(15.2m)(15.2m)

Accounts Payable

(6.3m)(7.3m)
USDY, 2019

Revenue/Employee

2.0m

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x
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Snap One Operating Metrics

Y, 2021

Active Accounts

345 k

Branches

26

Distribution Centers

7

SKUs Available

2.8 k

Snap One Acquisitions / Subsidiaries

Company NameDateDeal Size
Staub Electronics LtdJanuary 20, 2022
ANLA, LLCMay 28, 2021$36.64 m
HCA Distributing, LLCApril 01, 2021
Control4June 03, 2019$680 m
Control4 APAC Pty Ltd
Control4 Australia Pty Ltd.
Control4 EMEA Ltd.
Control4 Europe doo Belgrade
Control4 Germany GMBH
Control4 HK Limited
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Snap One Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Snap One Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Snap One Online and Social Media Presence

Embed Graph

Snap One Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    D+

    63/100

  • Compensation

    A+

    88/100

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Snap One News and Updates

Snap One Appoints Tom Hendrickson to Board of Directors

Hendrickson Brings Additional Executive Experience and Financial Expertise to Snap One Hendrickson Brings Additional Executive Experience and Financial Expertise to Snap One

Snap One Holdings Corp. Sets Summer 2022 Financial Conference and Industry Trade Show Schedule

CHARLOTTE, N.C., May 16, 2022 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (Nasdaq: SNPO) (“Snap One” or the “Company”), a provider of smart living products, services, and software to professional integrators, is scheduled to participate at the following financial conferences and industry trade sho…

Snap One Reports Fiscal Fourth Quarter and Full Year 2021 Results

Company Exceeds $1 Billion in Annual Net Sales and Delivers Record Profitability

Snap One Holdings Corp. Sets Spring 2022 Financial Conference and Industry Trade Show Schedule

CHARLOTTE, N.C., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One,” the “Company”), a provider of smart living products, services, and software to professional integrators, is scheduled to participate at the following financial conferences and industry trade show…

Snap One Acquires Staub Electronics in Strategic Move to Elevate Partner Experience in Canada

Acquisition brings together two long-time business partners to provide more product choice, faster fulfillment, and superior support for professional integrators across Canada. Acquisition brings together two long-time business partners to provide more product choice, faster fulfillment, and superio…

Snap One Holdings Corp. Announces Three Appointments to Board of Directors In Connection with Recent Public Listing

CHARLOTTE, N.C., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One” or the “Company”), a provider of smart living products, services, and software to professional integrators, today announced the appointments of Dr. Annmarie Neal, Adalio Sanchez, and Amy Steel Va…
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Snap One Blogs

OvrC Update Delivers Improved Accuracy, Fewer Notifications with More Actionable Information, and New User Interface Features

The latest update to OvrC brings improved notification accuracy, fewer notifications with more actionable information, and better UI navigation and features. We’ve changed the way we monitor third-party devices to significantly reduce notifications. Notifications are now grouped by device to better …

Denon and Marantz Are Now at Snap One

We’ve added the legendary sound of Denon and Marantz to our AVR lineup at Snap One! For 110 years, Denon has delivered an incredible audio experience with extensively tuned home theater components. With its innovative line of AVRs and HEOS wireless amps and speakers, Denon provides the ultimate home…

Lutron Caséta Smart Dimmers and Switches

The Lutron Caséta line is now at Snap One! The Lutron Caséta line allows customers to control, create scenes, and schedule home lighting needs with ease. Plus, they are a breeze to install. With Caséta, your customers don’t need to buy smart bulbs to enjoy smart lighting. And since each dimmer switc…

Allnet, a Snap One Partner Store, is Coming to Austin, TX!

We’re proud to announce that Allnet, a Snap One Partner Store, is coming to Austin, Texas this August! Allnet stores stock the entire SnapAV product catalog, in addition to a huge selection of third-party brands including Sony, Samsung, Ubiquiti, Sonos, Klipsch, Lutron, Luxul, Eero, Ring, Yamaha, an…

WattBox FW 2.1.2.0 Release – Over-Current Protection Enhancement and More

As part of our continued efforts to make the WattBox 800 Series the best power solution for pros, we are releasing firmware version 2.1.2.0.  Improved Over-Current Protection  This update increases the capabilities and performance of the 800 Series WattBox models listed below. We have improved the O…

New Price Adjustments Now in Effect

Effective Monday, August 2nd, 2021, we will be adjusting the prices of our products due to increased costs. This change will affect both Partner and MSRP pricing.   As you may know, pandemic-driven consumer demand, global raw material shortages, inflation, and increasing labor and shipping costs hav…
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Snap One Frequently Asked Questions

  • When was Snap One founded?

    Snap One was founded in 2005.

  • Who are Snap One key executives?

    Snap One's key executives are John Heyman, Mike Carlet and Jeff Dungan.

  • How many employees does Snap One have?

    Snap One has 1,302 employees.

  • What is Snap One revenue?

    Latest Snap One annual revenue is $814.1 m.

  • What is Snap One revenue per employee?

    Latest Snap One revenue per employee is $625.3 k.

  • Who are Snap One competitors?

    Competitors of Snap One include Rexel USA, Bang & Olufsen and Crestron Electronics.

  • Where is Snap One headquarters?

    Snap One headquarters is located at 1800 Continental Blvd #200, Charlotte.

  • Where are Snap One offices?

    Snap One has offices in Charlotte and Draper.

  • How many offices does Snap One have?

    Snap One has 2 offices.