YOLFTbeta
Turtle Beach Corporation

Turtle Beach Corporation

TBCH · NASDAQ · Technology / Consumer Electronics

16.29USD-0.21 (-1.27%)

Price History

Full chart

Market Stats

Previous Close16.50
Open16.75
Day Range16.23 – 16.77
52-Week Range9.84 – 17.39
Volume240.60K
Market Cap227.27M
P/E (TTM)0.00
Forward P/E10.05
EPS-0.22
Dividend Yield0.00%
Beta2.31
50-Day Avg12.62
200-Day Avg12.45

About

Turtle Beach Corporation, an audio and gaming technology company, develops and markets audio and gaming accessory products under the Turtle Beach brand in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers headsets, controllers, keyboards, mice, flight and racing simulation hardware, microphones, and fight sticks; accessories, such as mousepads, headset stands and cases, and chargers; and replacement parts for transmitters, headsets, mice, keyboards, controllers, and flight simulation products. Its products are used with video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices. The company serves professional streamers, content creators, and esports gamers; and retailers, distributors, and online customers. Turtle Beach Corporation was founded in 1975 and is headquartered in San Diego, California.

Company Details

  • SectorTechnology
  • IndustryConsumer Electronics
  • CEOMr. Cristopher Keirn
  • Employees268
  • Headquarters15822 Bernardo Center Drive, San Diego, CA, United States, 92127, USA
  • Websitehttps://www.turtlebeach.com

Leadership

  • Mr. Cristopher KeirnCEO & Director · b. 1971
  • Ms. Megan WynneGeneral Counsel & Corporate Secretary · b. 1969
  • Mr. Andrew ClipshamInterim Chief Financial Officer
  • Mr. Jose RosadoSenior Vice President of Global Operations
  • MacLean MarshallSenior Director of PR & Communications
  • Mr. Drew JohnsonSenior Vice President of Global Sales
  • Ms. Kate ZibellChief Marketing Officer
  • Mr. Matt SeymourSenior Vice President of Product Management
  • Mr. Ryan DellSenior Vice President of Global Marketing
  • Kim DeNapoliSVP & Head of Brand

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue743.34K607.11K607.04K79.17K233.65K562.90K186.18M162.75M173.98M149.13M287.44M234.66M360.09M366.35M240.17M258.12M372.77M319.91M
Growth (%)--18.33%-0.01%-86.96%+195.13%+140.92%+32974.32%-12.58%+6.90%-14.28%+92.74%-18.36%+53.45%+1.74%-34.44%+7.48%+44.41%-14.18%
Cost of Revenue811.85K638.76K505.58K35.52K120.14K292.33K135.51M122.06M131.37M98.13M178.74M155.95M226.31M237.97M190.98M182.62M243.78M200.63M
Gross Profit-68.50K-31.66K101.46K43.64K113.51K270.57K50.67M40.69M42.61M51.00M108.70M78.71M133.79M128.38M49.19M75.50M128.98M119.28M
Gross Margin-9.22%-5.21%16.71%55.13%48.58%48.07%27.21%25.00%24.49%34.20%37.82%33.54%37.15%35.04%20.48%29.25%34.60%37.29%
Operating Expense2.08M908.46K676.26K1.22M4.59M7.94M64.49M115.09M120.31M46.20M54.66M68.29M84.62M107.95M100.67M91.95M108.95M99.75M
Operating Income-2.15M-940.11K-574.80K-1.18M-4.47M-7.67M-13.82M-74.40M-77.70M4.80M54.04M10.43M49.17M20.43M-51.48M-16.44M20.03M19.54M
Operating Margin-289.20%-154.85%-94.69%-1486.32%-1914.94%-1362.30%-7.43%-45.71%-44.66%3.22%18.80%4.44%13.65%5.58%-21.44%-6.37%5.37%6.11%
EBITDA-2.04M-916.81K-851.21K-1.11M-4.28M-7.41M-7.68M-67.50M-70.93M9.68M50.52M17.83M58.17M25.84M-47.42M-12.00M30.13M39.00M
EBITDA Margin-273.97%-151.01%-140.22%-1405.89%-1832.36%-1316.25%-4.13%-41.47%-40.77%6.49%17.58%7.60%16.15%7.05%-19.74%-4.65%8.08%12.19%
Net Income-2.15M-986.43K-923.20K-1.48M-4.46M-7.67M-15.49M-82.91M-87.18M-3.25M39.19M17.94M38.75M17.72M-59.55M-17.68M16.18M15.73M
Net Income Margin-289.20%-162.48%-152.08%-1875.10%-1909.78%-1362.66%-8.32%-50.94%-50.11%-2.18%13.63%7.65%10.76%4.84%-24.79%-6.85%4.34%4.92%
R&D740.58K68.49K229.40K619.38K1.34M2.06M9.40M11.56M8.26M5.59M5.61M7.86M12.27M17.49M19.12M17.14M17.30M16.89M
R&D as % of Total Revenue99.63%11.28%37.79%782.37%573.53%365.31%5.05%7.10%4.75%3.75%1.95%3.35%3.41%4.77%7.96%6.64%4.64%5.28%
Interest Expense--1.48K308.50K-4.56K7.21M5.10M7.45M7.92M5.33M929.00K467.00K383.00K1.22M504.00K8.07M9.77M
Interest Expense % of Total Revenue--0.24%389.68%-0.81%3.87%3.13%4.28%5.31%1.86%0.40%0.13%0.10%0.51%0.20%2.16%3.05%

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets------------203.45M230.50M163.39M149.97M298.86M269.05M
Total Liabilities------------87.05M89.14M74.45M64.89M178.26M140.56M
Total Equity------------116.40M141.37M88.94M85.08M120.60M128.50M
Cash------------46.68M37.72M11.40M18.73M12.99M16.96M
Total Debt------------6.02M7.76M19.05M7.73M105.19M84.29M
Net Debt-------------46.68M-37.72M7.66M-18.73M92.20M67.33M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow51.05M-327.00K-41.85M27.04M5.76M35.46M
Investing Cash Flow-5.66M-8.12M-3.55M-2.16M-82.21M1.10M
Financing Cash Flow-7.41M-56.00K19.71M-17.85M71.05M-32.58M
Capital Expenditure5.66M5.62M3.55M2.16M4.91M1.42M
Free Cash Flow45.39M-5.95M-45.40M24.89M847.00K34.04M
FCF to OCF88.91%1818.96%108.48%92.02%14.70%96.00%

Earnings

Report DateDec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Aug 28, 2013Nov 27, 2013May 12, 2014Aug 11, 2014Nov 10, 2014Mar 17, 2015May 7, 2015Aug 6, 2015Nov 9, 2015Mar 25, 2016May 10, 2016Aug 8, 2016Nov 10, 2016Mar 9, 2017May 9, 2017Aug 10, 2017Nov 2, 2017Mar 7, 2018May 9, 2018Aug 6, 2018Nov 6, 2018Mar 15, 2019May 8, 2019Aug 8, 2019Nov 7, 2019Mar 11, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Mar 4, 2021May 5, 2021Aug 5, 2021Nov 4, 2021Mar 2, 2022May 4, 2022Aug 8, 2022Nov 3, 2022Mar 13, 2023May 4, 2023Aug 7, 2023Nov 7, 2023Mar 13, 2024May 7, 2024Aug 8, 2024Nov 7, 2024Mar 13, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Mar 18, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate------------0.01-0.16-0.13-0.080.58-0.77-0.74-0.540.33-1.14-0.98-0.630.69-0.98-0.71-0.231.14-0.05-0.050.771.310.04-0.15-0.270.70-0.760.400.230.840.46-0.100.050.16-0.52-0.46-0.490.21-0.41-0.34-0.240.58-0.18-0.280.181.11-0.06-0.270.181.13-0.44-0.300.24
EPS Actual-0.43-0.47-0.56-0.35-0.54-0.88-1.08-0.96-0.78-1.22-1.13-1.52-0.18-0.95-0.52-0.54-0.98-0.93-0.52-4.38-1.01-0.92-0.400.99-0.76-0.56-0.041.150.160.400.911.520.13-0.06-0.181.29-0.230.421.050.840.520.140.260.16-0.39-0.77-0.470.10-0.27-0.41-0.140.470.26-0.200.400.95-0.13-0.140.120.98-0.62-0.36-
Surprise------------15100.00%-12.50%-630.77%-550.00%-192.66%-27.27%-25.68%3.70%-1426.67%11.40%6.12%36.51%43.43%22.45%21.13%82.61%0.96%420.00%900.00%18.18%15.89%225.00%60.00%33.33%84.93%69.74%5.00%356.52%0.00%13.04%240.00%420.00%0.00%25.00%-67.39%4.08%-52.38%34.15%-20.59%41.67%-18.97%244.44%28.57%122.22%-14.41%-116.67%48.15%-33.33%-13.47%-40.91%-20.00%-
Timing------------After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap227.27M
Enterprise Value289.65M
Trailing P/E0.00
Forward P/E10.05
PEG Ratio0.98
Price / Sales0.76
Price / Book2.83
EPS-0.22
Book Value5.71
Revenue (TTM)297.77M
Gross Profit (TTM)111.92M
EBITDA23.13M
Profit Margin-1.07%
Operating Margin-5.41%
Return on Equity-3.23%
Return on Assets3.10%
Shares Outstanding17.91M
Shares Float10.82M
Beta2.31
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 5 analystsTarget 16.40
  • Strong Buy
    2
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
87.61%
Insiders
13.92%
Retail / Other
0.00%

Top Institutional Holders

  • Windward Management LP
    1.61M8.98%
  • Garnet Capital Holdings, Inc.
    1.51M8.41%
  • Morgan Stanley - Brokerage Accounts
    1.18M6.59%
  • BlackRock Inc
    1.15M6.45%
  • The Goldman Sachs Group Inc
    664.33K3.71%
  • Vanguard Capital Management, LLC
    650.53K3.63%
  • Shay Capital LLC
    640.62K3.58%
  • Dimensional Fund Advisors, Inc.
    527.87K2.95%
  • Geode Capital Management, LLC
    373.12K2.08%
  • State Street Corp
    343.80K1.92%
  • LSV Asset Management
    336.90K1.88%
  • Vanguard Portfolio Management, LLC
    302.01K1.69%
  • D. E. Shaw & Co LP
    278.65K1.56%
  • JPMorgan Chase & Co
    266.73K1.49%
  • CDC Financial, Inc.
    236.85K1.32%
  • Jane Street Group LLC
    223.28K1.25%
  • North Star Investment Management Corp
    207.00K1.16%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    435.94K2.43%
  • iShares Russell 2000 ETF
    404.46K2.26%
  • Columbia Small Cap Value Discv A
    343.79K1.92%

Stock Splits

  • Apr 9, 20181:4
  • Mar 22, 20121:5