Turtle Beach Corp financial data

Symbol
HEAR on Nasdaq
Industry
Communications Equipment, NEC
Location
44 South Broadway, 4 Th Floor, White Plains, NY
State of incorporation
Nevada
Fiscal year end
December 31
Former names
Parametric Sound Corp (to 5/22/2014)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 174 % -13%
Quick Ratio 84.6 % -29.4%
Debt-to-equity 114 % +31.1%
Return On Equity -2.5 % +96.1%
Return On Assets -1.17 % +96.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.8M shares +19.9%
Common Stock, Shares, Outstanding 20.8M shares +19.9%
Entity Public Float 197M USD -0.58%
Common Stock, Value, Issued 21K USD +23.5%
Weighted Average Number of Shares Outstanding, Basic 21.3M shares +23.9%
Weighted Average Number of Shares Outstanding, Diluted 21.3M shares +23.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 291M USD +15.7%
Cost of Revenue 201M USD +1.17%
Research and Development Expense 17.3M USD +1.84%
Selling and Marketing Expense 46.4M USD +4.09%
General and Administrative Expense 24.3M USD -28.3%
Operating Income (Loss) -3.98M USD +91%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -7.51M USD +83.5%
Income Tax Expense (Benefit) -5.09M USD -141%
Net Income (Loss) Attributable to Parent -2.42M USD +95.8%
Earnings Per Share, Basic -0.06 USD/shares +98.3%
Earnings Per Share, Diluted -0.08 USD/shares +97.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 12.5M USD -21.1%
Accounts Receivable, after Allowance for Credit Loss, Current 46.5M USD +129%
Inventory, Net 73.3M USD +8.13%
Assets, Current 144M USD +27.4%
Deferred Income Tax Assets, Net 17.1M USD +97.5%
Property, Plant and Equipment, Net 6.3M USD +10.6%
Operating Lease, Right-of-Use Asset 9.72M USD +29.3%
Intangible Assets, Net (Excluding Goodwill) 46.7M USD +1986%
Goodwill 56.8M USD +431%
Assets 264M USD +89.5%
Accounts Payable, Current 48.4M USD +42.1%
Employee-related Liabilities, Current 3.01M USD +20%
Liabilities, Current 103M USD +84.9%
Accrued Income Taxes, Noncurrent 1.51M USD -31.3%
Operating Lease, Liability, Noncurrent 7.71M USD +8.79%
Other Liabilities, Noncurrent 8.61M USD +15.7%
Liabilities 159M USD +143%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.03M USD -4.78%
Retained Earnings (Accumulated Deficit) -142M USD -1.74%
Stockholders' Equity Attributable to Parent 105M USD +42.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 105M USD +42.1%
Liabilities and Equity 264M USD +89.5%

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 20.8M shares +19.9%
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 12.5M USD -21.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 370K USD +94.7%
Deferred Tax Assets, Valuation Allowance 22.1M USD +14.8%
Deferred Tax Assets, Gross 21.6M USD +15.4%
Operating Lease, Liability 9.82M USD +20%
Payments to Acquire Property, Plant, and Equipment 731K USD -17.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.47M USD +95.7%
Lessee, Operating Lease, Liability, to be Paid 11.4M USD +20.7%
Property, Plant and Equipment, Gross 39.7M USD +13.4%
Operating Lease, Liability, Current 2.11M USD +93%
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 +64.2%
Deferred Income Tax Expense (Benefit) -6.72M USD -7446%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.6M USD +25.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.28M USD +67.8%
Deferred Tax Assets, Operating Loss Carryforwards 8.37M USD +13.8%
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 248M USD +15.7%
Amortization of Intangible Assets 3.21M USD +194%
Depreciation, Depletion and Amortization 916K USD -6.34%
Share-based Payment Arrangement, Expense 7.01M USD -38.3%
Interest Expense 1.27M USD +223%