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VOXX International

Manufacturing & Industrialaccessorieselectronic componentsholding companyinternet of thingsmicroelectronics
The Company that began as Audiovox over 45 years ago has morphed into a worldwide leader in many automotive and consumer electronics and accessories categories, and now into premium high-end audio. The Company’s brands hold leading market positions across a wide-spectrum of consumer and automotive segments. Today, VOXX International is a global company….with an extensive distribution network that includes some of the world’s Fortune 500 companies and an international footprint in Europe, Asia, Mexico and South America, and a growing brand portfolio, which is now comprised of over 30 trusted brands including Audiovox®, Klipsch®, RCA®, Invision®, Jensen®, Acoustic Research®, Jamo®, Energy®, Mac Audio®, Magnat®, Heco®, Schwaiger®, Hirschmann Car Communication® and Oehlbach®. The Company continues to drive innovation throughout all of its subsidiaries, and maintains its commitment to exceeding the needs of the consumers it serves.
Revenue(Q1, 2017)
$159.1 M
Market capitalization(2017-08-15)
$178.8 M
Type
Public
HQ
Hauppauge, US
Founded
1965
Size (employees)
2,100 (est)
Website
voxxintl.com
VOXX International was founded in 1965 and is headquartered in Hauppauge, US

VOXX International Office Locations

VOXX International has offices in Hauppauge, Indianapolis, New York and Orlando
Hauppauge, US (HQ)
180 Marcus Blvd
New York, US
787 7th Ave
Indianapolis, US
3502 Woodview Trace

VOXX International Data and Metrics

VOXX International Financial Metrics

VOXX International's revenue was reported to be $159.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

159.1 m

Gross profit (Q1, 2017)

43.7 m

Gross profit margin (Q1, 2017), %

27%

EBIT (Q1, 2017)

(7.8 m)

Market capitalization (15-Aug-2017)

178.8 m

Cash (31-May-2017)

8.1 m
VOXX International's current market capitalization is $178.8 m.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

809.7 m757.5 m680.7 m681 m

Revenue growth, %

(6%)(10%)0%

Cost of goods sold

485.1 m479.5 m

Gross profit

195.7 m201.5 m

Gross profit Margin, %

29%30%

General and administrative expense

111.4 m107.9 m

Operating expense total

267.6 m207.3 m207.3 m201.7 m

EBIT

(37.4 m)16.6 m(11.6 m)(172 k)

EBIT margin, %

(5%)2%(2%)(0%)

Income tax expense

(1.7 m)1.8 m

Net Income

(26.6 m)(942 k)(6.1 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

177.3 m223.4 m164.4 m154.2 m192.5 m155.5 m159.3 m198.9 m159.1 m

Cost of goods sold

124.9 m154.4 m116.3 m109.2 m136.7 m109.4 m112.8 m140.7 m115.4 m

Gross profit

52.4 m69 m48 m45 m55.8 m46.1 m46.5 m58.2 m43.7 m

Gross profit Margin, %

30%31%29%29%29%30%29%29%27%

General and administrative expense

29.1 m29.6 m27.7 m26.3 m29.5 m27.1 m24.9 m27.2 m27.2 m

Operating expense total

29.1 m29.6 m27.7 m26.3 m29.5 m27.1 m24.9 m27.2 m27.2 m

EBIT

1.1 m16.6 m(765 k)(6.9 m)3.6 m(7.1 m)(816 k)7.3 m(7.8 m)

EBIT margin, %

1%7%(0%)(4%)2%(5%)(1%)4%(5%)

Pre tax profit

(4.6 m)16.2 m(438 k)(6.8 m)9.1 m(7.5 m)(957 k)7.3 m(9 m)

Income tax expense

(2 m)584 k276 k(2.5 m)3 m(1.4 m)(2.3 m)3.4 m(4.1 m)

Net Income

(2.2 m)13.4 m(714 k)(5.1 m)978 k(6.1 m)(4.8 m)(906 k)
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

10.6 m8.4 m11.8 m7.8 m

Accounts Receivable

147.1 m102.8 m87.1 m90.6 m

Inventories

15.9 m26.4 m17.3 m153.1 m

Current Assets

325.9 m301.7 m264.1 m273.3 m

PP&E

83.2 m69.8 m79.4 m81.6 m

Goodwill

117.9 m105.9 m104.3 m103.2 m

Total Assets

747.2 m677.5 m669.7 m668.5 m

Accounts Payable

55.4 m71.4 m55.8 m61.1 m

Total Debt

109.2 m101.2 m

Current Liabilities

141.6 m147.4 m131.9 m130.1 m

Total Liabilities

277.2 m

Common Stock

277 k255 k256 k256 k

Additional Paid-in Capital

291 m292.4 m294 m295.4 m

Retained Earnings

158.6 m157.6 m154.9 m159.4 m

Total Equity

429.6 m396.1 m

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.1 x0.2 x

Financial Leverage

1.7 x1.7 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

9.4 m11.1 m7.1 m8.5 m12.4 m8.6 m4.9 m5.7 m8.1 m

Accounts Receivable

110.7 m141 m89.4 m80.9 m101.9 m78.9 m81.1 m110.4 m89.9 m

Inventories

153.8 m153.3 m154.9 m162.9 m153.7 m150.6 m160.8 m158.6 m165.4 m

Current Assets

307.9 m336.4 m284.5 m281.3 m292.8 m258 m271.1 m298.7 m295.1 m

PP&E

82.3 m81.5 m71.9 m76.3 m78.5 m79.9 m80.1 m79.7 m85.2 m

Goodwill

115.1 m111.9 m104.9 m105.9 m103 m105.7 m105.6 m103.3 m105.8 m

Total Assets

718.6 m738.7 m658.9 m660 m703 m662.2 m673 m694.5 m694.4 m

Accounts Payable

64.7 m74 m60.2 m57 m71.7 m57.8 m71.3 m71.8 m71.7 m

Current Liabilities

140.9 m159.8 m133.4 m133.5 m229.5 m126.7 m135.2 m145.7 m150.5 m

Common Stock

255 k255 k255 k256 k256 k256 k256 k256 k256 k

Additional Paid-in Capital

291.1 m291.3 m292.9 m293.4 m293.4 m294.4 m294.7 m295.1 m295.7 m

Retained Earnings

156.4 m172 m156.9 m152.5 m160.3 m150.6 m153.7 m159.5 m156.3 m

Total Equity

421.1 m426.6 m392.5 m389.3 m399.1 m393.9 m394.9 m393.5 m393.5 m

Financial Leverage

1.7 x1.7 x1.7 x1.7 x1.8 x1.7 x1.7 x1.8 x1.8 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(26.6 m)

Depreciation and Amortization

16.2 m15.6 m15.8 m18.3 m

Accounts Receivable

6.5 m36.4 m13.7 m(6.7 m)

Inventories

16.6 m(23 m)11.3 m(10.2 m)

Cash From Operating Activities

(9.2 m)(2.2 m)3.3 m(1.8 m)

Purchases of PP&E

(14.6 m)(17.2 m)(19.6 m)(12.2 m)

Cash From Investing Activities

(14.6 m)(22.9 m)(38.6 m)(12.1 m)

Cash From Financing Activities

(60.2 m)(24.9 m)13.7 m9.7 m

Interest Paid

4.5 m4.3 m3.9 m

Income Taxes Paid

9.2 m2.7 m1.7 m4.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(2.2 m)13.4 m(714 k)(5.1 m)978 k(6.1 m)(4.8 m)(906 k)

Depreciation and Amortization

8 m12.2 m3.5 m7.1 m11.4 m4.5 m9.1 m13.6 m4.4 m

Accounts Receivable

34.4 m979 k12.7 m20.9 m(1.5 m)8.7 m6.5 m(24.3 m)2.3 m

Inventories

(11.6 m)(13.7 m)855 k(6.3 m)327 k(5.2 m)(15.5 m)(15.9 m)(7.2 m)

Cash From Operating Activities

23.8 m30.4 m488 k2.9 m22.5 m(6.5 m)(7 m)(15.1 m)427 k

Purchases of PP&E

(6 m)(9.9 m)(4.5 m)(10.5 m)(16.6 m)(2.3 m)(5.1 m)(8.6 m)(2.8 m)

Cash From Investing Activities

(12 m)(15.6 m)(5.4 m)(14 m)(35.6 m)(2.3 m)(5.1 m)(8.6 m)(4.6 m)

Cash From Financing Activities

(12.5 m)(13.7 m)3.4 m10.7 m17.2 m4.9 m4.6 m17.2 m3.9 m
Y, 2017

Financial Leverage

1.8 x

VOXX International Market Value History

Market Position of VOXX International

Competitors

Multi-Fineline Electronix
Manufacturing & Industrial - Subsidiary
Semtech
Manufacturing & Industrial - Public
Inphi
Manufacturing & Industrial - Public
UniPixel (Uni-Pixel)
Manufacturing & Industrial - Public
Compare competitors

Traffic Overview of VOXX International

VOXX International Online and Social Media Presence

VOXX International Company Life and Culture

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