Turtle Beach (HEAR) stock price, revenue, and financials

Turtle Beach market cap is $262.6 m, and annual revenue was $234.66 m in FY 2019

$262.6 M

HEAR Mkt cap, 18-Sept-2020

$79.7 M

Turtle Beach Revenue Q2, 2020
Turtle Beach Gross profit (Q2, 2020)29.2 M
Turtle Beach Gross profit margin (Q2, 2020), %36.7%
Turtle Beach Net income (Q2, 2020)8.2 M
Turtle Beach EBIT (Q2, 2020)10 M
Turtle Beach Cash, 30-Jun-202021.2 M

Turtle Beach Revenue

Turtle Beach revenue was $234.66 m in FY, 2019 which is a 18% year over year decrease from the previous period.

Embed Graph

Turtle Beach Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

186.2m162.7m174.0m149.1m287.4m234.7m

Revenue growth, %

(13%)7%(14%)93%(18%)

Cost of goods sold

135.5m122.1m131.4m98.1m178.7m156.0m

Gross profit

50.7m40.7m42.6m51.0m108.7m78.7m

Gross profit Margin, %

27%25%24%34%38%34%

Sales and marketing expense

31.8m28.6m24.4m32.4m38.6m

R&D expense

11.6m8.3m5.6m5.6m7.9m

General and administrative expense

21.5m19.6m15.7m16.7m21.8m

Operating expense total

115.1m120.3m46.2m54.7m68.3m

EBIT

(13.8m)(74.4m)(77.7m)4.8m54.0m10.4m

EBIT margin, %

(7%)(46%)(45%)3%19%4%

Interest expense

7.2m5.1m7.4m7.9m5.3m929.0k

Pre tax profit

(80.5m)(87.6m)(2.7m)40.9m11.7m

Income tax expense

(6.3m)2.4m(387.0k)593.0k1.7m(6.2m)

Net Income

(15.5m)(82.9m)(87.2m)(3.2m)39.2m17.9m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

38.3m22.3m33.3m19.7m22.6m35.9m24.0m29.4m38.4m14.4m19.1m36.0m40.9m60.8m74.4m44.8m41.3m46.7m35.0m79.7m

Cost of goods sold

26.0m17.5m25.6m16.6m19.2m26.3m20.7m24.2m34.5m12.1m12.8m23.4m25.9m40.5m43.9m30.1m28.2m31.7m24.2m50.5m

Gross profit

12.3m4.8m7.7m3.1m3.4m9.6m3.4m5.1m3.9m2.2m6.3m12.5m15.0m20.3m30.5m14.8m13.2m15.0m10.8m29.2m

Gross profit Margin, %

32%22%23%16%15%27%14%17%10%15%33%35%37%33%41%33%32%32%31%37%

Sales and marketing expense

7.0m7.7m8.0m7.0m7.1m5.6m7.1m7.0m4.4m5.5m5.6m5.9m6.8m8.5m6.9m7.6m10.2m7.6m9.6m

R&D expense

2.0m2.1m2.8m2.9m2.8m3.0m2.0m2.0m2.6m1.4m1.7m1.3m1.3m1.3m1.4m1.5m1.7m2.2m2.4m3.0m

General and administrative expense

3.6m4.7m4.3m4.7m6.0m5.4m5.3m5.3m4.6m4.2m4.1m3.5m4.0m3.9m4.1m4.6m6.2m5.2m5.7m6.7m

Operating expense total

16.8m14.0m15.1m15.7m16.0m15.3m13.1m45.6m46.7m10.3m11.3m10.7m11.2m12.0m14.0m13.0m15.5m17.6m15.8m19.3m

EBIT

(4.5m)(9.2m)(7.3m)(12.5m)(12.6m)(5.8m)(9.8m)(40.5m)(42.7m)(8.1m)(5.0m)1.9m3.8m8.3m16.5m1.8m(2.3m)(2.5m)(5.0m)10.0m

EBIT margin, %

(12%)(41%)(22%)(64%)(56%)(16%)(41%)(138%)(111%)(56%)(26%)5%9%14%22%4%(6%)(5%)(14%)12%

Interest expense

4.2m1.1m866.0k784.0k834.0k1.5m1.8m1.7m1.9m1.8m1.8m2.0m2.0m1.3m1.1m244.0k111.0k240.0k169.0k83.0k

Pre tax profit

(10.1m)(8.5m)(13.0m)(7.6m)(11.9m)(42.9m)(44.9m)(9.9m)(6.6m)86.0k2.0m6.6m15.1m3.2m(2.3m)(3.1m)(5.4m)11.5m

Income tax expense

(5.8m)(835.0k)(2.9m)(3.4m)(3.1m)8.2m97.0k(304.0k)(133.0k)45.0k475.0k578.0k64.0k300.0k398.0k164.0k25.0k63.0k(1.8m)3.3m

Net Income

(2.9m)(9.3m)(5.6m)(10.6m)(9.9m)(15.9m)(12.0m)(42.6m)(44.8m)(9.9m)(7.1m)(492.0k)2.0m6.3m14.7m3.1m(2.4m)(3.1m)(3.6m)8.2m

Turtle Beach Balance Sheet

Quarterly

USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

482.1k334.4k7.2m6.5m4.7m3.8m3.3m4.7m5.6m9.0m4.4m2.1m3.0m3.1m3.2m1.2m3.3m3.6m1.2m473.0k4.3m9.1m6.2m10.2m3.4m7.0m8.7m21.2m

Accounts Receivable

15.3k106.7k190.3k117.5k28.9m15.2m26.7m15.4m15.7m30.3m15.8m18.1m28.5m4.5m10.0m24.6m21.8m34.6m29.0m12.5m18.4m28.5m12.4m37.0m

Prepaid Expenses

56.9k19.7k105.1k82.7k40.0k141.0k121.1k172.5k4.1m5.2m5.9m4.1m4.4m4.5m4.9m5.7m6.0m3.9m4.7m5.0m3.5m5.2m5.2m4.8m5.4m5.5m5.2m10.2m

Inventories

103.1k407.3k460.9k459.1k430.9k399.5k464.8k723.7k41.6m37.5m46.6m36.2m37.3m49.7m25.8m27.9m45.5m22.3m20.9m45.9m15.8m28.0m73.3m44.5m50.4m67.0m39.3m45.0m

Current Assets

642.1k761.4k7.7m7.0m5.1m4.5m4.1m5.7m92.8m78.7m98.8m67.7m73.6m93.8m50.0m53.1m83.5m34.4m36.9m75.9m45.4m76.9m113.7m71.9m77.7m108.0m65.6m113.4m

PP&E

157.7k132.0k120.7k161.9k155.5k286.0k248.8k211.6k6.2m5.1m5.2m5.9m5.5m5.4m6.4m5.5m4.6m3.9m3.3m4.4m4.0m2.8m4.0m5.2m5.7m4.9m4.0m4.4m

Goodwill

80.9m81.0m81.0m81.0m81.0m81.0m31.2m5.9m9.1m8.5m8.2m

Total Assets

950.1k2.3m9.2m8.5m6.6m6.1m5.7m7.3m227.0m211.8m231.7m196.1m201.7m221.6m126.1m95.9m91.8m41.9m43.6m83.1m52.3m82.2m119.5m81.9m101.8m130.6m95.7m140.5m

Accounts Payable

68.6k200.8k357.5k177.8k182.0k327.3k580.4k1.1m28.8m10.5m28.7m20.1m21.4m32.9m12.5m19.0m38.2m8.4m12.1m30.0m9.8m30.0m49.0m13.1m22.1m37.5m11.5m41.7m

Short-term debt

(343.0k)36.6k37.1k37.9k34.5m19.3m28.7m15.5m14.8m20.6m533.0k7.2m26.3m5.2m24.8m2.6m3.5m10.8m26.6m301.0k

Current Liabilities

273.9k744.9k797.8k275.5k337.8k468.8k763.2k1.2m94.9m49.0m72.9m47.8m49.1m84.2m28.0m39.8m79.7m23.6m32.3m71.7m21.1m44.4m67.9m29.7m52.6m84.5m32.6m68.0m

Long-term debt

113.6k104.1k85.0k75.0k5.1m13.3m

Total Debt

(343.0k)150.2k141.2k122.9k34.6m19.3m28.7m20.7m14.8m33.9m533.0k7.2m26.3m5.2m24.8m2.6m3.5m10.8m26.6m301.0k

Total Liabilities

582.4k867.4k1.3m125.2m79.7m103.8m74.4m87.3m120.6m74.4m85.7m125.4m72.1m80.3m119.8m72.7m77.2m107.1m34.5m57.4m89.0m35.8m71.0m

Common Stock

19.1k21.5k6.2k6.4k6.4k6.5k6.8k7.3k38.0k42.0k42.0k42.0k42.0k42.0k49.0k49.0k49.0k49.0k49.0k49.0k12.0k14.0k14.0k14.0k14.0k15.0k15.0k15.0k

Preferred Stock

Additional Paid-in Capital

2.5m4.2m12.1m13.6m14.1m15.4m16.5m23.1m85.7m124.8m126.7m129.6m131.8m134.4m143.8m144.9m145.9m147.0m147.4m147.8m148.3m167.7m168.9m176.1m175.6m176.3m177.7m179.1m

Retained Earnings

(1.9m)(2.7m)(3.7m)(5.4m)(7.9m)(9.8m)(11.7m)(17.1m)15.9m6.6m929.0k(7.3m)(17.2m)(33.1m)(91.6m)(134.2m)(179.0m)(176.7m)(183.8m)(184.3m)(168.7m)(162.4m)(156.1m)(128.4m)(130.8m)(133.9m)(117.1m)(108.9m)

Total Equity

676.2k1.5m8.4m8.2m6.3m5.5m4.8m6.0m101.8m132.1m127.9m121.7m114.5m101.0m51.7m10.2m(33.6m)(30.2m)(36.7m)(36.7m)(20.4m)5.0m12.5m47.4m44.4m41.6m60.0m69.5m

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0 x

Financial Leverage

1.4 x1.5 x1.1 x1 x1.1 x1.1 x1.2 x1.2 x2.2 x1.6 x1.8 x1.6 x1.8 x2.2 x2.4 x9.4 x-2.7 x-1.4 x-1.2 x-2.3 x-2.6 x16.5 x9.6 x1.7 x2.3 x3.1 x1.6 x2 x

Turtle Beach Cash Flow

Quarterly

USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(1.2m)(531.0k)(1.5m)(3.2m)(1.3m)(3.2m)(5.1m)(2.8m)(2.9m)(12.2m)(17.8m)(10.6m)(20.5m)(36.4m)(12.0m)(54.6m)(99.4m)(9.9m)(17.0m)(17.5m)2.0m8.3m14.6m3.1m682.0k(2.4m)(3.6m)4.6m

Depreciation and Amortization

36.6k27.0k74.8k125.1k58.0k122.1k192.8k64.6k2.1m3.5m5.1m1.8m3.5m5.2m2.5m5.2m8.2m853.0k2.4m3.3m1.0m2.4m3.2m1.1m2.4m3.9m1.3m2.1m

Accounts Receivable

(24.0k)67.3k150.9k(59.9k)18.6m37.4m25.4m48.6m47.6m32.5m44.2m44.8m33.6m51.6m47.1m32.2m29.3m15.7m19.5m42.9m41.0m30.0m34.7m8.7m

Inventories

80.0k130.4k179.4k170.1k(26.4k)(72.0k)(28.0k)(4.7k)8.4m12.4m3.6m1.5m338.0k(12.0m)(391.0k)(3.3m)(29.0m)(1.5m)(907.0k)(26.1m)11.1m(2.3m)(48.1m)4.2m4.5m(12.6m)6.0m(734.0k)

Accounts Payable

(79.1k)36.6k193.3k13.6k8.7k154.0k407.1k248.3k(15.8m)(34.1m)(16.0m)(14.2m)(13.6m)(1.7m)(4.6m)1.8m20.8m(3.7m)(601.0k)17.5m(3.6m)16.5m35.2m(4.5m)(1.1m)14.4m(11.2m)19.0m

Cash From Operating Activities

(744.3k)(305.0k)(800.8k)(1.9m)(856.1k)(2.0m)(3.1m)(2.0m)8.9m476.0k(12.1m)17.7m8.2m(10.9m)25.0m18.2m3.1m33.4m26.6m9.3m38.0m46.3m43.4m41.0m38.2m27.3m17.5m31.8m

Purchases of PP&E

(136.6k)(3.3k)(9.0k)(69.5k)(4.5k)(29.7k)(32.3k)(23.9k)(468.0k)(614.0k)(1.9m)(2.0m)(2.5m)(4.2m)(1.3m)(1.6m)(2.3m)(148.0k)(506.0k)(2.6m)(354.0k)(402.0k)(2.0m)(557.0k)(1.0m)(1.6m)(890.0k)(2.3m)

Cash From Investing Activities

(169.4k)(6.2k)(17.1k)(345.3k)(22.8k)(127.2k)(189.7k)(59.6k)3.6m3.5m2.1m(2.0m)(2.5m)(4.2m)(1.3m)(1.6m)(2.3m)(148.0k)(506.0k)(2.6m)(354.0k)(402.0k)(2.0m)(557.0k)(13.7m)(14.3m)(890.0k)(2.3m)

Short-term Borrowings

(14.5m)(14.5m)(14.5m)(641.0k)(1.3m)(1.2m)(2.4m)(3.6m)(427.0k)(1.4m)(2.5m)(2.5m)(2.5m)

Long-term Borrowings

(5.9k)(14.9k)(9.2k)(49.7m)(74.9m)(104.2m)(67.7m)(107.2m)(155.8m)(81.8m)(108.0m)(138.0m)(66.6m)(82.6m)(109.3m)(73.4m)(120.5m)(240.8m)(85.5m)(126.0m)(158.9m)(63.8m)(64.1m)

Cash From Financing Activities

956.4k153.8k7.5m8.2m1.9k430.4k1.1m5.2m(13.6m)(1.9m)7.9m(21.3m)(10.6m)10.4m(27.7m)(22.5m)(4.6m)(35.9m)(31.2m)(12.6m)(38.5m)(42.0m)(40.3m)(37.5m)(28.1m)(12.8m)(15.4m)(15.7m)

Net Change in Cash

42.7k(157.4k)6.7m6.0m(877.1k)(1.7m)(2.2m)3.1m(957.0k)2.4m(2.1m)(5.8m)(4.9m)(4.8m)(3.9m)(6.0m)(3.8m)(2.6m)(4.9m)(5.7m)(912.0k)3.9m931.0k3.1m(3.6m)(41.0k)484.0k13.0m

Interest Paid

1.5k563.0k1.6m1.8m299.0k538.0k980.0k568.0k992.0k1.5m513.0k918.0k1.4m482.0k763.0k1.1m268.0k308.0k488.0k161.0k198.0k

Income Taxes Paid

14.0k27.0k190.0k447.0k447.0k175.0k44.0k

Turtle Beach Ratios

USDQ3, 2011

Financial Leverage

1.4 x