Turtle Beach Corporation (HEAR) financial statements (2021 and earlier)

Company profile

Business Address 11011 VIA FRONTERA
SAN DIEGO, CA 92127
State of Incorp. NV
Fiscal Year End December 31
SIC 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8731076
Cash and cash equivalents8731076
Receivables452818125329
Inventory, net of allowances, customer advances and progress billings466750444973
Inventory466750444973
Other undisclosed current assets465545
Total current assets:1031087872114114
Noncurrent Assets
Operating lease, right-of-use asset23  
Property, plant and equipment456564
Intangible assets, net (including goodwill)151414111
Goodwill996   
Intangible assets, net (excluding goodwill)658111
Other undisclosed noncurrent assets914411
Total noncurrent assets:2923241086
TOTAL ASSETS:13113110282122120
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities233722131849
Accounts payable233722131849
Debt162711 374
Other liabilities262020171815
Total current liabilities:658553307468
Noncurrent Liabilities
Long-term debt and lease obligation     26
Long-term debt, excluding current maturities     26
Liabilities, other than long-term debt345532
Deferred tax liabilities, net000 
Other liabilities345532
Other undisclosed noncurrent liabilities00  811
Total noncurrent liabilities:34551139
Total liabilities:6889573584107
Stockholders' equity
Stockholders' equity attributable to parent634244473712
Common stock000000
Additional paid in capital177176176176169169
Accumulated other comprehensive income (loss)0(1)(0)(0)(0)(0)
Accumulated deficit(114)(134)(131)(128)(131)(156)
Total stockholders' equity:634244473712
TOTAL LIABILITIES AND EQUITY:13113110282122120

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
Revenues10247414511174
Cost of revenue(66)(32)(28)(30)(68)(44)
Gross profit:361513154331
Operating expenses(22)(18)(15)(13)(17)(14)
Operating income (loss):13(3)(2)22517
Nonoperating income (expense)1(0)02(7)(0)
Other nonoperating income (expense) (0)02(7)(0)
Interest and debt expense(0)(0)(0)(0)(1)(1)
Other undisclosed loss from continuing operations before equity method investments, income taxes(0)     
Income (loss) from continuing operations before income taxes:14(3)(2)31715
Income tax expense (benefit)6(0)(0)(0)(1)(0)
Net income (loss) available to common stockholders, diluted:20(3)(2)31615

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
Net income (loss):20(3)(2)31615
Other comprehensive income (loss)1(0)(0)0(0)(0)
Comprehensive income (loss), net of tax, attributable to parent:21(3)(3)31615

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: