Turtle Beach Corp (HEAR) Financials

$17.11

$-0.14 (-0.81%)

As on 05-Feb-2025 09:30EDT

Market cap

$351 Mln

Revenue (TTM)

$326 Mln

P/E Ratio

56.4

P/B Ratio

3.4

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Operating Revenue	326.23	258.12	240.17	366.35	360.09	234.66
Cost of Revenue	222.38	182.62	190.98	237.97	226.31	155.95
Gross Profit	103.85	75.50	49.19	128.38	133.79	78.71
Operating Expenses	91.98	92.34	98.77	107.95	84.62	68.29
Operating Profit (EBIT)	11.87	-16.44	-49.58	15.22	49.17	7.44
Other Income	--	--	--	0.10	3.76	2.21
Profit before Tax	-0.94	-17.34	-54.45	20.15	52.46	11.71
Provision for Tax	-5.54	0.34	5.09	2.43	13.71	-6.24
Profit after Tax (Net Income)	4.60	-17.68	-59.55	17.72	38.75	17.94
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	-59.55	17.72	38.75	17.94

Liabilities ($ Mln)	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Shareholder's Funds	101.82	85.08	88.94	141.37	116.40	63.39
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	55.67	8.56	10.11	10.97	8.40	3.38
Current Liabilities	155.71	56.33	64.33	78.17	78.65	64.59
Total Liabilities	468.91	149.97	163.39	230.51	203.45	131.35

Assets ($ Mln)	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Non-Current Assets	116.75	25.11	28.21	37.39	33.48	28.80
Current Assets	196.46	124.86	135.18	193.11	169.98	102.55
Total Assets	468.91	149.97	163.39	230.51	203.45	131.35
Total Debt*	104.32	7.73	19.05	7.76	6.02	15.66
Net Current Assets	40.75	68.52	70.85	114.94	91.33	37.96

Cashflow ($ Mln)	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Cash From Operating Activities	--	27.04	-41.85	-0.33	51.05	39.37
Cash Flow from Investing Activities	--	--	-3.55	-8.12	-5.66	-14.58
Cash from Financing Activities	--	-17.85	19.71	-0.06	-7.41	-24.18
Net Cash Inflow / Outflow	--	--	--	-8.50	37.97	0.62

Financials Ratios	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Adjusted EPS ($)	--	--	--	--	--	--
Cash EPS ($)	--	--	--	--	--	--
Adjusted Book Value ($)	--	--	--	--	--	--
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	--	--	--	--	--
Free Cash Flow per Share ($)	--	--	--	--	--	--

Profitability Ratios	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
ROCE (%)	--	-17.61	-46.32	13.05	38.46	23.32
ROE (%)	4.05	-20.32	-51.71	13.75	43.10	35.57
ROA (%)	1.31	-11.28	-30.23	8.17	23.15	14.17
EBIT Margin (%)	1.35	-6.52	-22.17	5.60	14.70	3.17
Net Margin (%)	1.41	-6.85	-24.79	4.84	10.65	7.58
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Revenue Growth (%)	25.72	0.07	-0.34	0.02	0.53	-0.18
EBIT Growth (%)	113.61	68.37	-359.27	-61.20	611.54	-82.29
Net Profit Growth (%)	109.29	70.31	-436.02	-54.26	115.93	-54.21
EPS Growth (%)	--	--	--	--	--	--
Book Value Growth (%)	--	--	--	--	--	--

Valuation Ratios	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Price / Earnings	56.35	--	--	--	--	--
Price / Book Value	3.37	--	--	--	--	--
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	31.78	0.92	-0.16	-1.16	-0.70	0.59
Close Price ($)	15.34	10.95	7.17	22.26	21.55	9.45
High Price ($)	18.45	13.26	25.33	38.70	26.48	19.00
Low Price ($)	7.97	6.17	6.22	19.62	4.05	7.90
Market Cap ($ Cr)	350.79	--	--	--	--	--

Solvency Ratios	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Debt to Equity	0.45	0.09	0.21	0.05	0.05	0.25
Short term debt to equity ratio	0.58	0.01	0.21	0.01	0.01	0.25
Current Ratio	1.26	2.22	2.10	2.47	2.16	1.59
Quick Ratio	0.60	1.43	0.99	1.17	1.25	0.88
Interest Coverage	0.82	-33.41	-43.63	53.61	113.33	8.01

Operating Efficiency Ratios	TTM	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Debtors to sales (%)	21.67	21.07	18.04	9.81	12.18	18.98
Asset Turnover	0.93	1.65	1.22	1.69	2.15	1.85
Receivable days	--	69.14	60.29	39.79	44.83	75.74
Inventory Days	--	115.28	165.61	132.94	94.43	111.46
Payable days	--	46.76	57.68	63.70	52.49	47.12
Cash Conversion Cycle	--	137.66	168.22	109.03	86.77	140.09

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.