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Turtle Beach Corp

Company price
17.11 USD -0.14 ( 0.81%)
Last update at 2025-02-05T14:30:00Z
VOLUME
63624
Market Cap
350.17M

Momentum Score

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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.

Source: TradingView
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Day Price Range
17.05
Low
17.48
High
52 Week Price Range
7.97
Low
18.45
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
17.25
Dividend Yield
-
Revenue TTM
262.53M
Revenue Per Share
14.94
Gross Profit TTM
49.19M
Debt / Equity
0.09
ROE
-10.30%
Net Debt
-10.99M
ROCE
-52.95%
Diluted EPS TTM
-0.62

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

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

Peer Comparison*

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

Profile*

Turtle Beach Corp

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

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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