Turtle Beach Corp financial data

Symbol
HEAR on Nasdaq
Industry
Communications Equipment, NEC
Location
44 South Broadway, 4 Th Floor, White Plains, New York
State of incorporation
Nevada
Fiscal year end
December 31
Former names
Parametric Sound Corp (to 5/22/2014)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 193 % -6.6%
Quick Ratio 97.7 % -27.2%
Debt-to-equity 97.4 % +22%
Return On Equity -12.1 % +79.6%
Return On Assets -6.15 % +81.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.5M shares +27.8%
Common Stock, Shares, Outstanding 21.2M shares +27.5%
Entity Public Float 197M USD -0.58%
Common Stock, Value, Issued 21K USD +23.5%
Weighted Average Number of Shares Outstanding, Basic 18.3M shares +10.5%
Weighted Average Number of Shares Outstanding, Diluted 19.4M shares +17%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 263M USD +7.18%
Cost of Revenue 183M USD -6.27%
Research and Development Expense 16.9M USD -5.75%
Selling and Marketing Expense 43M USD -6.13%
General and Administrative Expense 30M USD -10%
Operating Income (Loss) -15.7M USD +68.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -16.8M USD +67.8%
Income Tax Expense (Benefit) -5.98M USD -178%
Net Income (Loss) Attributable to Parent -10.8M USD +81.9%
Earnings Per Share, Basic -0.64 USD/shares +82.3%
Earnings Per Share, Diluted -0.66 USD/shares +81.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 17.8M USD -13.4%
Accounts Receivable, after Allowance for Credit Loss, Current 42.9M USD +79.1%
Inventory, Net 69.5M USD +6.62%
Assets, Current 141M USD +18.3%
Deferred Income Tax Assets, Net 17.1M USD +97.5%
Property, Plant and Equipment, Net 5.53M USD -9.95%
Operating Lease, Right-of-Use Asset 9.43M USD +21.3%
Intangible Assets, Net (Excluding Goodwill) 48.7M USD +1871%
Goodwill 52.9M USD +395%
Assets 258M USD +76.4%
Accounts Payable, Current 44.8M USD +105%
Employee-related Liabilities, Current 5.23M USD +1.67%
Liabilities, Current 76.8M USD +47.9%
Accrued Income Taxes, Noncurrent 1.53M USD -28.5%
Operating Lease, Liability, Noncurrent 8.09M USD +11%
Other Liabilities, Noncurrent 8.89M USD +15.4%
Liabilities 133M USD +116%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.27M USD -33.5%
Retained Earnings (Accumulated Deficit) -134M USD -8.77%
Stockholders' Equity Attributable to Parent 125M USD +47.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 125M USD +47.7%
Liabilities and Equity 258M USD +76.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 27.3M USD -5.98%
Net Cash Provided by (Used in) Financing Activities 48M USD
Net Cash Provided by (Used in) Investing Activities -76.2M USD -8494%
Common Stock, Shares Authorized 25M shares 0%
Common Stock, Shares, Issued 21.2M shares +27.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -910K USD -110%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 17.8M USD -13.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 370K USD +94.7%
Deferred Tax Assets, Valuation Allowance 22.1M USD +14.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 21.6M USD +15.4%
Operating Lease, Liability 10.1M USD +20.9%
Payments to Acquire Property, Plant, and Equipment 731K USD -17.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -11.1M USD +81.6%
Lessee, Operating Lease, Liability, to be Paid 12M USD +22.8%
Property, Plant and Equipment, Gross 37.2M USD +7.82%
Operating Lease, Liability, Current 2.03M USD +87%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.31M USD +59.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.36M USD +64.4%
Deferred Income Tax Expense (Benefit) -6.72M USD -7446%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.89M USD +34.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.29M USD +67.9%
Deferred Tax Assets, Operating Loss Carryforwards 8.37M USD +13.8%
Deferred Federal Income Tax Expense (Benefit) 8K USD -99.8%
Unrecognized Tax Benefits 2.28M USD -23.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.28M USD -7.3%
Operating Lease, Payments 300K USD 0%
Additional Paid in Capital 261M USD +24.7%
Current State and Local Tax Expense (Benefit) -539K USD +29.3%
Current Federal Tax Expense (Benefit) 4K USD
Amortization of Intangible Assets 1.31M USD +9.66%
Depreciation, Depletion and Amortization 916K USD -6.34%
Share-based Payment Arrangement, Expense 11.1M USD +32.4%
Deferred State and Local Income Tax Expense (Benefit) 17K USD -98.9%
Interest Expense 504K USD -58.7%