Turtle Beach
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Turtle Beach's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $258,122,000. The net income raised on -$17,679,000 and profit margin reached -7%. Total operating expenses were $91,947,000.
Profit Margin
| 2014 | 186.17M | -15.48M | -8.32% |
|---|---|---|---|
| 2015 | 162.74M | -82.90M | -50.94% |
| 2016 | 173.97M | -87.18M | -50.11% |
| 2017 | 149.13M | -3.24M | -2.18% |
| 2018 | 287.43M | 39.19M | 13.63% |
| 2019 | 234.66M | 17.94M | 7.65% |
| 2020 | 360.09M | 38.74M | 10.76% |
| 2021 | 366.35M | 17.72M | 4.84% |
| 2022 | 240.16M | -59.54M | -24.79% |
| 2023 | 258.12M | -17.67M | -6.85% |
HEAR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 258.12M | 240.16M | 366.35M | 360.09M | 234.66M | 287.43M | 149.13M | 173.97M | 162.74M | 186.17M |
Cost of revenue | 182.61M | 190.97M | 237.97M | 226.30M | 155.95M | 178.73M | 98.13M | 131.36M | 122.05M | 135.50M |
Gross profit | 75.50M | 49.18M | 128.38M | 133.78M | 78.71M | 108.69M | 51.00M | 42.61M | 40.69M | 50.66M |
Operating exp. | ||||||||||
Research and development | 17.13M | 19.12M | 17.49M | 12.26M | 7.85M | 5.61M | 5.58M | 8.25M | 11.55M | 9.4M |
Selling and marketing | 43.48M | 47.09M | 58.88M | 46.77M | 38.63M | 32.38M | 24.38M | 28.57M | 31.82M | 33.44M |
Total operating expenses | 91.94M | 98.77M | 107.95M | 84.62M | 68.28M | 54.65M | 45.67M | 56.41M | 64.86M | 63.74M |
Operating income | -16.44M | -49.58M | 15.21M | 49.16M | 7.43M | 54.04M | 4.79M | -77.70M | -74.39M | -13.82M |
Other income (expenses), net | -898K | -4.86M | 4.93M | 3.29M | 4.26M | -7.77M | -7.45M | -66.32M | -6.11M | -7.93M |
Income before tax | -17.34M | -54.45M | 20.14M | 52.45M | 11.70M | 40.92M | -2.65M | -87.56M | -80.51M | -21.75M |
Income tax expense | 338K | 5.09M | 2.42M | 13.71M | -6.23M | 1.73M | 593K | -387K | 2.39M | -6.27M |
Net income | -17.67M | -59.54M | 17.72M | 38.74M | 17.94M | 39.19M | -3.24M | -87.18M | -82.90M | -15.48M |
Earnings per share | ||||||||||
Basic EPS | -1.03 | -3.62 | 1.11 | 2.62 | 1.24 | 2.74 | -0.26 | -7.18 | -7.85 | -1.56 |
Diluted EPS | -1.03 | -3.62 | 0.97 | 2.37 | 1.04 | 2.74 | -0.26 | -7.18 | -7.85 | -1.56 |
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