OverviewSuggest Edit

ZAGG designs, manufactures and distributes mobile tech accessories for smartphones and tablets. The Company offers screen protection products; battery cases and power management products for tablets, smartphones, MP3 players, cameras, and other electronic mobile devices; device specific keyboards and device agnostic keyboards; and earbuds, headphones, wireless charging products, Bluetooth speakers, and cables.

TypePublic
Founded2004
HQMidvale, US
Websitezagg.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2018)618(+14%)
Job Openings18
Revenue (FY, 2018)$538.2 M(+4%)
Share Price (Dec 2019)$7.7

Key People/Management at ZAGG

Chris Ahern

Chris Ahern

CEO
Taylor Smith

Taylor Smith

Chief Financial Officer
Bradley Holiday

Bradley Holiday

CFO
Jim Kearns

Jim Kearns

COO
Abby Barraclough

Abby Barraclough

General Counsel
Matt Smith

Matt Smith

Chief Strategy Officer
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ZAGG Office Locations

ZAGG has offices in Midvale and Shannon
Midvale, US (HQ)
910 Legacy Center Way #500
Shannon, IE
ZAGG International, Caherteige
Show all (2)

ZAGG Financials and Metrics

ZAGG Revenue

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View revenue for all periods
ZAGG's revenue was reported to be $538.23 m in FY, 2018 which is a 3.6% increase from the previous period.
USD

Revenue (Q3, 2019)

146.5m

Gross profit (Q3, 2019)

54.3m

Gross profit margin (Q3, 2019), %

37.1%

Net income (Q3, 2019)

8.7m

EBIT (Q3, 2019)

11.7m

Market capitalization (12-Dec-2019)

225.1m

Closing stock price (12-Dec-2019)

7.7

Cash (30-Sept-2019)

14.7m

EV

321.8m
ZAGG's current market capitalization is $225.1 m.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

401.9m519.5m538.2m

Revenue growth, %

49%29%4%

Cost of goods sold

274.3m350.5m352.4m

Gross profit

127.6m169.0m185.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

92.9m115.2m134.4m112.1m118.6m141.1m78.8m106.8m146.5m

Cost of goods sold

64.3m79.4m86.0m74.5m80.9m88.9m54.9m69.0m92.1m

Gross profit

28.6m35.8m48.4m37.6m37.7m52.2m23.8m37.8m54.3m

Gross profit Margin, %

31%31%36%34%32%37%30%35%37%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

11.6m25.0m15.8m

Accounts Receivable

83.8m123.2m156.7m

Inventories

72.8m75.0m82.9m

Current Assets

197.5m227.8m261.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

4.3m14.3m11.4m17.7m18.6m17.8m14.8m12.9m14.7m

Accounts Receivable

60.2m73.0m96.8m73.9m84.0m115.8m93.6m102.6m135.3m

Prepaid Expenses

4.9m

Inventories

75.7m65.4m72.0m78.9m69.7m78.7m100.2m110.6m138.5m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

(15.6m)15.1m39.2m

Depreciation and Amortization

22.3m21.9m18.3m

Inventories

(2.2m)(906.0k)(3.4m)

Accounts Payable

14.1m10.7m(18.7m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(6.1m)(2.7m)7.0m7.0m10.2m24.9m(14.4m)(19.8m)(11.1m)

Depreciation and Amortization

5.8m11.0m16.5m5.0m9.2m13.3m6.0m12.3m18.0m

Inventories

(2.8m)8.1m1.6m(3.4m)5.1m(1.8m)(14.2m)(24.3m)(53.1m)

Accounts Payable

(33.3m)(23.1m)(3.5m)(41.4m)(34.5m)(30.5m)(28.7m)(12.7m)14.8m
USDY, 2019

EV/EBIT

27.6 x

EV/CFO

-13 x

Debt/Equity

0.7 x

Debt/Assets

0.2 x

Financial Leverage

2.8 x
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ZAGG Operating Metrics

FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Door Count (Americas & EMEA)

25.98 k33.23 k45.18 k49.36 k72.29 k93.87 k

Door Count (Americas)

25.07 k32.16 k42.20 k45.63 k64.50 k
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ZAGG Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
BRAVENJuly 31, 2018
mophieFebruary 02, 2016$100 m
iFrogz , Inc.June 21, 2011
Altigo
Altigo International Limited
Bronco Corporation
Gear4 HK Limited
HALO2CLOUD
Halo Holdings International Cooperatief U.A.
Halo Holdings USA LLC
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ZAGG Revenue Breakdown

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ZAGG revenue breakdown by business segment: 57.0% from Screen Protection, 26.0% from Power Management , 6.0% from Power Cases and 11.0% from Other

ZAGG revenue breakdown by geographic segment: 9.0% from Europe, 84.0% from United States and 7.0% from Other

ZAGG Online and Social Media Presence

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ZAGG News and Updates

Smartphone protective case maker Zagg hires bank to explore options

Zagg Inc, a U.S. manufacturer of protective cases for smartphones and tablets, said on Tuesday it had retained Bank of America Corp to explore "strategic alternatives to maximize shareholder value."

Exclusive: Smartphone protective case maker Zagg fields buyout interest - sources

Zagg Inc, a U.S. manufacturer of protective cases for smartphones and tablets, is weighing options that include a potential sale after attracting acquisition interest from buyout firms, people familiar with the matter said on Tuesday.

ZAGG Reports Fourth Quarter and Full Year 2018 Results

Board of Directors Approves New $20 Million Share Repurchase Authorization Board of Directors Approves New $20 Million Share Repurchase Authorization

ZAGG Inc Acquires HALO, a Leading Direct-to-Consumer Mobile Accessories Company with an Extensive IP Portfolio, for $43 Million in Cash and Stock

SALT LAKE CITY, Jan. 03, 2019 (GLOBE NEWSWIRE) -- ZAGG Inc (NASDAQ:ZAGG), a global leader and innovator in accessories and technologies that empower mobile lifestyles, today announced it has acquired HALO, a leading direct-to-consumer mobile accessories company with an extensive IP portfolio, for …

Smartphone Screen Protector Market 2018 Global Analysis By Key Players – ZAGG, AZ Infolink Private Limited, AGC, Corning Incorporated, Nippon Electric Glass

WiseGuyReports.Com Publish a New Market Research Report On –“ Smartphone Screen Protector Market 2018 Global Analysis By Key Players – ZAGG, AZ Infolink Private Limited, AGC, Corning Incorporated, Nippon Electric Glass”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Strax Divests Its Gear4 Brand To ZAGG For MEUR 35 With Potential Additional Payments of MEUR 9

STOCKHOLM, Nov. 30, 2018 /PRNewswire/ -- STRAX, the mobile accessories specialist, has divested Gear4, mobile phone case protection brand, to ZAGG Inc, a global leader in mobile accessories for MEUR 35 ("initial purchase price") with potential additional payments of up to MEUR 9...
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ZAGG Frequently Asked Questions

  • When was ZAGG founded?

    ZAGG was founded in 2004.

  • Who are ZAGG key executives?

    ZAGG's key executives are Chris Ahern, Taylor Smith and Bradley Holiday.

  • How many employees does ZAGG have?

    ZAGG has 618 employees.

  • What is ZAGG revenue?

    Latest ZAGG annual revenue is $538.2 m.

  • What is ZAGG revenue per employee?

    Latest ZAGG revenue per employee is $870.9 k.

  • Who are ZAGG competitors?

    Competitors of ZAGG include Belkin International, CellularOutfitter.com and Cellular Accessories For Less (CAFL).

  • Where is ZAGG headquarters?

    ZAGG headquarters is located at 910 Legacy Center Way #500, Midvale.

  • Where are ZAGG offices?

    ZAGG has offices in Midvale and Shannon.

  • How many offices does ZAGG have?

    ZAGG has 2 offices.