Turtle Beach Corporation

Turtle Beach Corporation designs innovative, market-leading audio products for the consumer, commercial and healthcare sectors. Under its award-winning Turtle Beach brand (www.turtlebeach.com), the Company has been the clear market share leader for the past five-plus years with its wide selection of acclaimed gaming headsets for use with Xbox One and PlayStation®4, as well as personal computers and mobile/tablet devices. Under the HyperSound brand, the Company markets pioneering directed audio solutions that have applications in hearing healthcare, digital signage and kiosks and consumer electronics.
Type
Public
HQ
San Diego, US
Founded
1975
Size (employees)
150 (est)-17%
Turtle Beach Corporation was founded in 1975 and is headquartered in San Diego, US

Turtle Beach Corporation Office Locations

Turtle Beach Corporation has an office in San Diego
San Diego, US (HQ)
100 12220 Scripps Summit Dr

Turtle Beach Corporation Data and Metrics

Turtle Beach Corporation Financial Metrics

Turtle Beach Corporation's revenue was reported to be $174 m in FY, 2016 which is a 7% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

174 m

Revenue growth (FY, 2015 - FY, 2016), %

7%

Gross profit (FY, 2016)

42.6 m

Gross profit margin (FY, 2016), %

24%

Net income (FY, 2016)

(87.2 m)

EBIT (FY, 2016)

(77.7 m)

Market capitalization (26-May-2017)

38.9 m

Closing share price (26-May-2017)

0.8

Cash (31-Dec-2016)

6.2 m
Turtle Beach Corporation's current market capitalization is $38.9 m.
Numbers are in $, USDY, 2013FY, 2014FY, 2015FY, 2016

Revenue

562.9 k186.2 m162.7 m174 m

Revenue growth, %

32974%(13%)7%

Cost of goods sold

292.3 k135.5 m122.1 m131.4 m

Gross profit

270.6 k50.7 m40.7 m42.6 m

Gross profit Margin, %

48%27%25%24%

Operating expense total

7.9 m64.5 m115.1 m120.3 m

EBIT

(7.7 m)(13.8 m)(74.4 m)(77.7 m)

EBIT margin, %

(1362%)(7%)(46%)(45%)

Interest expense

4.6 k7.2 m5.1 m7.4 m

Interest income

8.5 k

Income tax expense

(6.3 m)2.4 m(387 k)

Net Income

(7.7 m)(15.5 m)(82.9 m)(87.2 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

7.9 m7.1 m6.2 m

Accounts Receivable

Inventories

3.8 m26.1 m21.7 m

Current Assets

117.6 m94.9 m86.6 m

PP&E

6.7 m6.9 m4.3 m

Goodwill

81 m31.2 m

Total Assets

247 m173.9 m94.8 m

Accounts Payable

35.5 m17.7 m11.9 m

Current Liabilities

88.9 m69.2 m66.9 m

Additional Paid-in Capital

128.1 m136.7 m146.6 m

Retained Earnings

3.3 m(79.6 m)(166.8 m)

Total Equity

131.2 m56.7 m(20.7 m)

Financial Leverage

1.9 x3.1 x-4.6 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(7.7 m)(15.5 m)(82.9 m)(87.2 m)

Depreciation and Amortization

256.7 k5.8 m5.9 m5.1 m

Accounts Receivable

(138.1 k)(10 m)1.8 m4.1 m

Inventories

(228.6 k)11.4 m11.1 m(7 m)

Accounts Payable

689.2 k(10.6 m)(17.3 m)(5.1 m)

Cash From Operating Activities

(5 m)(14.8 m)(15.1 m)(1.8 m)

Purchases of PP&E

(3.5 m)(6.7 m)(3.2 m)

Capital Expenditures

(35.5 k)

Cash From Investing Activities

(295.6 k)557 k(6.7 m)(3.2 m)

Cash From Financing Activities

1.3 m16 m21.1 m4.2 m

Interest Paid

4.6 k3.2 m1.7 m2.1 m

Income Taxes Paid

800554 k16 k

Free Cash Flow

(4.9 m)
Numbers are in $, USDY, 2016

Revenue/Employee

961.2 k

Financial Leverage

-4.6 x

Turtle Beach Corporation Market Value History

Turtle Beach Corporation Online and Social Media Presence

Turtle Beach Corporation Company Life and Culture

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