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Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, and other accessories for the personal computer peripherals market under the ROCCAT brand. In addition, it provides game controllers, and gaming flight simulation and racing simulation accessories, as well as USB and analog microphones for gamers, streamers, professionals, and students. The company serves retailers and distributors. Turtle Beach Corporation was founded in 1975 and is headquartered in White Plains, New York.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -54.45M | 20.15M | 52.46M | 11.71M | 40.93M |
| Net income | -59.55M | 17.72M | 38.75M | 17.94M | 39.19M |
| Selling general administrative | 32.56M | 31.58M | 25.58M | 21.80M | 16.66M |
| Selling and marketing expenses | 47.09M | 58.88M | 46.78M | 38.63M | 32.39M |
| Gross profit | 49.19M | 128.38M | 133.79M | 78.71M | 108.70M |
| Reconciled depreciation | 5.82M | 5.31M | 5.25M | 5.20M | 4.26M |
| Ebit | -49.58M | 15.22M | 49.17M | 7.44M | 42.01M |
| Ebitda | -51.34M | 20.53M | 52.92M | 12.64M | 46.26M |
| Depreciation and amortization | -1.75M | 5.31M | 3.76M | 5.20M | 4.26M |
| Non operating income net other | - | 0.10M | 3.76M | 2.21M | -7.78M |
| Operating income | -49.58M | 15.22M | 49.17M | 7.44M | 54.04M |
| Other operating expenses | 289.75M | 345.92M | 310.93M | 224.24M | 233.40M |
| Interest expense | 1.22M | 0.38M | 0.47M | 0.93M | 5.33M |
| Tax provision | 5.09M | 2.43M | 13.71M | -6.24M | 1.74M |
| Interest income | - | - | - | 0.67M | 5.33M |
| Net interest income | -1.22M | -0.38M | -0.47M | -0.93M | -5.33M |
| Income tax expense | 5.09M | 2.43M | 13.71M | -6.24M | 1.74M |
| Total revenue | 240.17M | 366.35M | 360.09M | 234.66M | 287.44M |
| Total operating expenses | 98.77M | 107.95M | 84.62M | 68.29M | 54.66M |
| Cost of revenue | 190.98M | 237.97M | 226.31M | 155.95M | 178.74M |
| Total other income expense net | -4.87M | 4.93M | 3.29M | 4.27M | -7.78M |
| Net income from continuing ops | -59.55M | 17.72M | 38.75M | 17.94M | 39.19M |
| Net income applicable to common shares | -59.55M | 17.72M | 38.75M | 17.94M | 39.19M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 149.97M | 163.39M | 230.50M | 203.45M | 131.35M |
| Intangible assets | 1.73M | 2.61M | 5.79M | 5.14M | 6.01M |
| Other current assets | 7.72M | 9.20M | 17.51M | 8.13M | 4.06M |
| Total liab | 64.89M | 74.45M | 89.14M | 87.05M | 67.96M |
| Total stockholder equity | 85.08M | 88.94M | 141.37M | 116.40M | 63.39M |
| Deferred long term liab | - | - | - | 0.13M | 0.15M |
| Other current liab | 22.97M | 25.43M | 37.69M | 36.12M | 26.42M |
| Common stock | 0.02M | 0.02M | 0.02M | 0.01M | 0.01M |
| Capital stock | 0.02M | 0.02M | 0.02M | 0.01M | 0.01M |
| Retained earnings | -134.28M | -116.60M | -57.05M | -74.77M | -113.52M |
| Other liab | - | 2.58M | 10.97M | 8.40M | 2.10M |
| Good will | 10.69M | 10.69M | 10.69M | 8.18M | 8.52M |
| Other assets | - | 0.55M | -0.00M | 13.59M | 8.55M |
| Cash | 18.73M | 11.40M | 37.72M | 46.68M | 8.25M |
| Total current liabilities | 56.33M | 64.33M | 78.17M | 78.65M | 64.59M |
| Current deferred revenue | 5.21M | - | - | 6.95M | - |
| Net debt | -10.99M | 7.66M | -37.72M | -46.68M | 7.41M |
| Short term debt | 1.25M | 19.05M | - | 15.65M | 15.65M |
| Short long term debt | - | 19.05M | - | - | 15.65M |
| Short long term debt total | 7.73M | 19.05M | - | - | 15.65M |
| Other stockholder equity | 220.19M | 206.92M | 198.28M | 190.57M | 176.78M |
| Property plant equipment | - | 14.36M | 6.96M | 6.58M | 3.96M |
| Total current assets | 124.86M | 135.18M | 193.11M | 169.98M | 102.55M |
| Net tangible assets | - | 75.64M | 124.89M | 103.08M | 48.86M |
| Net receivables | 54.39M | 43.34M | 35.95M | 43.87M | 44.53M |
| Inventory | 44.02M | 71.25M | 101.93M | 71.30M | 45.71M |
| Accounts payable | 26.91M | 19.85M | 40.48M | 42.53M | 22.51M |
| Accumulated other comprehensive income | -0.85M | -1.39M | 0.13M | 0.59M | 0.12M |
| Common stock total equity | - | - | 0.02M | 0.01M | 0.01M |
| Retained earnings total equity | - | - | -57.05M | -74.77M | -113.52M |
| Non currrent assets other | 0.86M | 8.55M | 8.06M | 6.64M | 2.88M |
| Deferred long term asset charges | - | - | - | - | 7.44M |
| Non current assets total | 25.11M | 28.21M | 37.39M | 33.48M | 28.80M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -3.55M | -8.12M | -5.66M | -14.58M | -5.08M |
| Change to liabilities | -23.35M | -1.59M | 30.75M | 2.48M | 11.10M |
| Total cashflows from investing activities | -3.55M | -8.12M | -5.66M | -14.58M | -5.08M |
| Net borrowings | 19.05M | 19.05M | -15.65M | -21.73M | -37.73M |
| Total cash from financing activities | 19.71M | -0.06M | -7.41M | -24.18M | -35.13M |
| Change to operating activities | -2.65M | 0.68M | 3.79M | 3.18M | 5.95M |
| Net income | -59.55M | 17.72M | 38.75M | 17.94M | 39.19M |
| Change in cash | -26.32M | -8.96M | 38.43M | 1.17M | 1.83M |
| Begin period cash flow | 37.72M | 46.68M | 8.25M | 7.08M | 5.25M |
| End period cash flow | 11.40M | 37.72M | 46.68M | 8.25M | 7.08M |
| Total cash from operating activities | -41.85M | -0.33M | 51.05M | 39.37M | 42.25M |
| Issuance of capital stock | 0.00M | 0.00M | 4.37M | - | 0.00M |
| Depreciation | 5.82M | 5.31M | 5.25M | 5.20M | 4.26M |
| Other cashflows from investing activities | - | -2.50M | -5.66M | -12.67M | -14.58M |
| Change to inventory | 22.10M | -32.24M | -30.68M | 7.26M | -25.39M |
| Change to account receivables | -4.84M | 9.68M | -1.75M | 9.93M | -6.98M |
| Sale purchase of stock | 0.00M | -5.34M | -0.33M | -2.78M | -1.64M |
| Other cashflows from financing activities | 91.94M | 126.15M | 327.79M | 220.24M | 367.96M |
| Change to netincome | 19.71M | 8.92M | 10.24M | -0.41M | 19.48M |
| Capital expenditures | 3.55M | 5.62M | 5.66M | 1.91M | 5.08M |
| Change receivables | - | 9.68M | -1.75M | 9.93M | -6.98M |
| Cash flows other operating | - | -8.33M | -1.69M | -3.22M | -0.48M |
| Exchange rate changes | - | - | - | - | -0.21M |
| Cash and cash equivalents changes | - | -8.50M | 37.97M | 0.61M | 1.83M |
| Change in working capital | -8.01M | -30.24M | -5.79M | 19.61M | -21.75M |
| Stock based compensation | 7.98M | 7.66M | 5.55M | 3.56M | 1.88M |
| Other non cash items | 5.71M | -1.90M | 6.83M | 1.22M | 18.13M |
| Free cash flow | -45.40M | -5.95M | 45.39M | 37.46M | 37.17M |
Sector: Technology Industry: Consumer Electronics
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| HEAR Turtle Beach Corp |
-0.14 0.81% |
17.11 | - | 17.30 | 1.27 | 3.81 | 1.26 | -27.09 |
| AAPL Apple Inc. |
-1.80 0.52% |
342.37 | 34.61 | 31.15 | 8.98 | 44.31 | 9.02 | 25.71 |
| SSNLF Samsung Electronics Co Ltd |
- -% |
65.21 | 19.52 | 12.97 | 0.00 | 1.05 | 0.89 | 2.87 |
| SNEJF Sony Corp |
-0.17 0.63% |
26.98 | 21.47 | 16.47 | 0.01 | 2.65 | 1.72 | 8.01 |
| SONY Sony Group Corp |
- -% |
27.00 | 19.93 | 16.18 | 0.01 | 2.60 | 1.72 | 8.01 |
Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, and other accessories for the personal computer peripherals market under the ROCCAT brand. In addition, it provides game controllers, and gaming flight simulation and racing simulation accessories, as well as USB and analog microphones for gamers, streamers, professionals, and students. The company serves retailers and distributors. Turtle Beach Corporation was founded in 1975 and is headquartered in White Plains, New York.
44 South Broadway, White Plains, NY, United States, 10601
888 496 8001
252
| Name | Title | Year Born |
|---|---|---|
| Mr. Juergen Stark | Chairman, CEO & Pres | 1967 |
| Mr. John T. Hanson | CFO, Treasurer & Sec. | 1958 |
| Mr. Jose Rosado | Sr. VP of Global Operations | NA |
| Mr. Joe Stachula | CTO & Sr. VP of Product Devel. | NA |
| Ms. Megan Wynne | Gen. Counsel | NA |
| MacLean Marshall | Sr. Director of PR/Communications | NA |
| Mr. Cristopher Keirn | Sr. VP of Global Sales | 1971 |
| Mr. Ryan Dell | Sr. VP of Global Marketing | NA |
| Mr. Chris Auty | Managing Director of EMEA & APAC | NA |
| Mr. Matt Seymour | Sr. VP of Product Management | NA |
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