Income Statement Koss Corporation

Stocks

KOSS

US5006921085

Household Electronics

Market Closed - Nasdaq 21:00:00 27/08/2026 BST			5-day change	1st Jan Change
3.420 ^USD	-0.44%		-0.58%	-17.39%

08-27	Koss Swings Earnings in Fiscal Q4, Revenue Rises	MT
05-08	Tranche Update on Koss Corporation's Equity Buyback Plan announced on February 18, 2004.	CI

bd3204f67666ad9b0fe29e8f5.mFX8P636Yx4rsP4uPPfrGL9rSoC3ABqSm-VH46AE9js.0DTLdvmVV1dZ6c8WcMKnScUbItP6cX2hqtUppZZSzkOsbKQOx4kwcHHlpw

Published financial data: KOSS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Revenues	19.55M	17.61M	13.1M	12.27M	12.62M
Total Revenues	19.55M	17.61M	13.1M	12.27M	12.62M
Cost of Goods Sold, Total	12.81M	10.99M	8.64M	8.08M	7.85M
Gross Profit	6.73M	6.62M	4.46M	4.19M	4.77M
Selling General & Admin Expenses, Total	6.14M	5.3M	6.9M	5.82M	7.3M
R&D Expenses	411K	285K	288K	238K	214K
Other Operating Expenses	571K	134K	28K	-	-
Other Operating Expenses, Total	7.12M	5.72M	7.22M	6.06M	7.51M
Operating Income	-390K	902K	-2.76M	-1.87M	-2.74M
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	2.71K	11.51K	521K	848K	880K
Net Interest Expenses	2.71K	11.51K	521K	848K	880K
Other Non Operating Income (Expenses)	379K	390	33M	-	-
EBT, Excl. Unusual Items	-8.98K	914K	30.76M	-1.02M	-1.86M
Insurance Settlements	-	262K	-	-	-
Legal Settlements	-	-	-22.14M	-	999K
Other Unusual Items	507K	100K	-	-	-
EBT, Incl. Unusual Items	498K	1.28M	8.62M	-1.02M	-857K
Income Tax Expense	4.12K	7.52K	317K	-73.6K	17.48K
Earnings From Continuing Operations	494K	1.27M	8.3M	-951K	-875K
Net Income to Company	494K	1.27M	8.3M	-951K	-875K
Net Income - (IS)	494K	1.27M	8.3M	-951K	-875K
Net Income to Common Incl Extra Items	494K	1.27M	8.3M	-951K	-875K
Net Income to Common Excl. Extra Items	494K	1.27M	8.3M	-951K	-875K
Per Share Items
Net EPS - Basic	0.06	0.14	0.9	-0.1	-0.09
Basic EPS - Continuing Operations	0.06	0.14	0.9	-0.1	-0.09
Basic Weighted Average Shares Outstanding	7.86M	9.07M	9.19M	9.25M	9.36M
Net EPS - Diluted	0.05	0.13	0.85	-0.1	-0.09
Diluted EPS - Continuing Operations	0.05	0.13	0.85	-0.1	-0.09
Diluted Weighted Average Shares Outstanding	9.64M	9.99M	9.75M	9.25M	9.36M
Normalized Basic EPS	-0	0.06	2.09	-0.07	-0.12
Normalized Diluted EPS	-0	0.06	1.97	-0.07	-0.12
Supplemental Items
EBITDA	-87.88K	1.2M	-2.53M	-1.68M	-2.5M
EBITA	-390K	902K	-2.76M	-1.87M	-2.74M
EBIT	-390K	902K	-2.76M	-1.87M	-2.74M
EBITDAR	292K	1.58M	-2.14M	-1.29M	-2.11M
Effective Tax Rate - (Ratio)	0.83	0.59	3.68	7.18	-2.04
Current Domestic Taxes	4.12K	7.52K	317K	-73.6K	17.48K
Total Current Taxes	4.12K	7.52K	317K	-73.6K	17.48K
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-5.61K	571K	19.23M	-640K	-1.16M
Interest on Long-Term Debt	-	-	-	-	-
Non-Cash Pension Expense	308K	-704K	59.89K	96K	133K
Supplemental Operating Expense Items
Advertising Expense	33.98K	50.51K	65.37K	143K	252K
Selling and Marketing Expenses	33.98K	50.51K	65.37K	143K	252K
General and Administrative Expenses	-	-	59.89K	96K	133K
Research And Development Expense From Footnotes	411K	285K	288K	238K	214K
Net Rental Expense, Total	380K	380K	388K	388K	388K
Stock-Based Comp., SG&A Exp. (Total)	619K	464K	290K	156K	31.78K
Stock-Based Comp., Other (Total)	-	-	-	-	133K
Total Stock-Based Compensation	619K	464K	290K	156K	165K

Fiscal Period: June	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Cash And Equivalents	6.95M	9.21M	3.09M	2.84M	2.81M
Short Term Investments	-	-	17.06M	12.1M	12.88M
Total Cash And Short Term Investments	6.95M	9.21M	20.16M	14.94M	15.69M
Accounts Receivable, Total	2.24M	1.85M	1.38M	1.21M	1.14M
Other Receivables	-	-	138K	212K	157K
Total Receivables	2.24M	1.85M	1.52M	1.42M	1.29M
Inventory	5.9M	8.63M	6.42M	4.47M	4.89M
Prepaid Expenses	456K	188K	285K	1.08M	738K
Total Current Assets	15.55M	19.87M	28.38M	21.92M	22.6M
Gross Property Plant And Equipment	11.84M	12.08M	11.8M	11.22M	11.46M
Accumulated Depreciation	-8.25M	-7.74M	-7.83M	-7.23M	-7.46M
Net Property Plant And Equipment	3.59M	4.34M	3.97M	3.99M	3.99M
Long-term Investments	-	-	-	4.99M	4M
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	7.19M	5.74M	6.02M	6.3M	6.58M
Total Assets	26.32M	29.96M	38.37M	37.2M	37.18M
Liabilities
Accounts Payable, Total	398K	796K	268K	330K	819K
Accrued Expenses, Total	665K	530K	689K	369K	538K
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	289K	224K	236K	240K	253K
Current Income Taxes Payable	4.54K	3.03K	87.24K	35.9K	42.96K
Unearned Revenue Current, Total	695K	544K	450K	290K	243K
Other Current Liabilities	1.01K	30.52K	282K	33.45K	43.81K
Total Current Liabilities	2.05M	2.13M	2.01M	1.3M	1.94M
Long-Term Leases	2.02M	3.02M	2.79M	2.54M	2.29M
Unearned Revenue Non Current	189K	169K	113K	120K	119K
Other Non Current Liabilities	2.49M	1.94M	2M	2.09M	2.23M
Total Liabilities	6.75M	7.26M	6.91M	6.05M	6.57M
Common Stock, Total	43.04K	45.74K	46.17K	46.5K	47.28K
Additional Paid In Capital	10.8M	12.65M	13.11M	13.4M	13.74M
Retained Earnings	8.73M	10M	18.3M	17.7M	16.82M
Total Common Equity	19.58M	22.7M	31.46M	31.15M	30.61M
Total Equity	19.58M	22.7M	31.46M	31.15M	30.61M
Total Liabilities And Equity	26.32M	29.96M	38.37M	37.2M	37.18M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8.67M	9.15M	9.23M	9.3M	9.46M
ECS Total Common Shares Outstanding	8.61M	9.15M	9.23M	9.3M	9.46M
Book Value / Share	2.27	2.48	3.41	3.35	3.24
Tangible Book Value	19.58M	22.7M	31.46M	31.15M	30.61M
Tangible Book Value Per Share	2.27	2.48	3.41	3.35	3.24
Total Debt	2.31M	3.25M	3.02M	2.78M	2.54M
Net Debt	-4.64M	-5.96M	-17.13M	-12.16M	-13.15M
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.64M	1.94M	2M	2.09M	2.23M
Debt Equivalent Oper. Leases	3.04M	3.04M	3.1M	3.1M	3.1M
Account Code - Inventory Valuation	5	5	5	5	5
LIFO Reserve, Total	-	-	-	-	-
Inventories - Raw Materials, Total	2.07M	2.22M	2.07M	1.97M	1.97M
Inventories - Finished Goods, Total	5.62M	8.3M	6.18M	4.36M	4.82M
Machinery, Total	6.18M	5.64M	5.66M	4.92M	5.05M
Full Time Employees	32	31	28	28	26
Part Time Employees	3	3	3	2	2
Accumulated Allowance for Doubtful Accounts (Supple)	41.5K	2.03K	6.03K	1.92K	2.04K

Fiscal Period: June	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	494K	1.27M	8.3M	-951K	-875K
Depreciation & Amortization - CF	303K	293K	230K	192K	237K
Depreciation & Amortization, Total	303K	293K	230K	192K	237K
(Gain) Loss From Sale Of Asset	-	7.86K	2.26K	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-227K	-380K	-223K
Stock-Based Compensation (CF)	927K	304K	350K	252K	165K
Provision and Write-off of Bad Debts	-9.23K	-35.3K	4K	-4.1K	121
Other Operating Activities, Total	-865K	-1.02M	-179K	-190K	-207K
Change In Accounts Receivable	85.5K	429K	463K	175K	72.53K
Change In Inventories	-363K	-2.73M	2.21M	1.95M	-411K
Change In Accounts Payable	-429K	398K	-529K	62.32K	490K
Change in Unearned Revenues	290K	-170K	-150K	-154K	12.79K
Change In Income Taxes	19.16K	-1.51K	-2.7K	-6.19K	12.64K
Change in Other Net Operating Assets	-103K	312K	263K	-1.14M	512K
Cash from Operations	349K	-943K	10.74M	-191K	-215K
Capital Expenditure	-600K	-108K	-98.44K	-462K	-491K
Investment in Marketable and Equity Securities, Total	-	-	-16.84M	345K	441K
Other Investing Activities, Total	-104K	1.92M	-88K	-81.74K	-70.58K
Cash from Investing	-704K	1.81M	-17.02M	-198K	-120K
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Issuance of Common Stock	3.31M	1.39M	171K	135K	306K
Cash from Financing	3.31M	1.39M	171K	135K	306K
Net Change in Cash	2.95M	2.26M	-6.12M	-254K	-29.28K
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	-	-	320K	-67.41K	4.85K
Levered Free Cash Flow	-451K	-715K	1.01M	-405K	-1.11M
Unlevered Free Cash Flow	-451K	-715K	1.01M	-405K	-1.11M
Change In Net Working Capital	528K	1.93M	-2.31M	-879K	-688K
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: June	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	-1	2	-5.05	-3.07	-4.6
Return on Total Capital	-1.22	2.36	-5.71	-3.4	-5.1
Return On Equity %	2.84	6	30.66	-3.02	-2.83
Return on Common Equity	2.84	6	30.66	-3.02	-2.83
Margin Analysis
Gross Profit Margin %	34.44	37.58	34.03	34.12	37.81
SG&A Margin	31.42	30.08	52.68	47.45	57.8
EBITDA Margin %	-0.45	6.79	-19.31	-13.7	-19.8
EBITA Margin %	-2	5.12	-21.07	-15.26	-21.68
EBIT Margin %	-2	5.12	-21.07	-15.26	-21.68
Income From Continuing Operations Margin %	2.53	7.2	63.38	-7.75	-6.93
Net Income Margin %	2.53	7.2	63.38	-7.75	-6.93
Net Avail. For Common Margin %	2.53	7.2	63.38	-7.75	-6.93
Normalized Net Income Margin	-0.03	3.24	146.76	-5.22	-9.19
Levered Free Cash Flow Margin	-2.31	-4.06	7.71	-3.3	-8.8
Unlevered Free Cash Flow Margin	-2.31	-4.06	7.71	-3.3	-8.8
Asset Turnover
Asset Turnover	0.8	0.63	0.38	0.32	0.34
Fixed Assets Turnover	5.47	4.44	3.15	3.08	3.16
Receivables Turnover (Average Receivables)	8.58	8.62	8.12	9.48	10.77
Inventory Turnover (Average Inventory)	2.24	1.51	1.15	1.48	1.68
Short Term Liquidity
Current Ratio	7.58	9.34	14.11	16.89	11.65
Quick Ratio	4.48	5.2	10.77	12.61	8.75
Operating Cash Flow to Current Liabilities	0.17	-0.44	5.34	-0.15	-0.11
Days Sales Outstanding (Average Receivables)	42.56	42.37	44.95	38.61	33.89
Days Outstanding Inventory (Average Inventory)	162.94	241.34	317.92	246.82	217.56
Average Days Payable Outstanding	16.98	15.89	30.17	17.83	25.38
Cash Conversion Cycle (Average Days)	188.51	267.81	332.69	267.59	226.06
Long Term Solvency
Total Debt/Equity	11.78	14.31	9.61	8.93	8.3
Total Debt / Total Capital	10.54	12.52	8.77	8.2	7.67
LT Debt/Equity	10.3	13.32	8.86	8.16	7.48
Long-Term Debt / Total Capital	9.22	11.66	8.08	7.49	6.9
Total Liabilities / Total Assets	25.64	24.23	18.01	16.27	17.68
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	7.89	2.06	-1.41	-2.15	-1.2
Net Debt / EBITDA	-15.9	-3.78	8	9.41	6.23
Total Debt / (EBITDA - Capex)	-7.48	2.21	-1.35	-1.59	-0.98
Net Debt / (EBITDA - Capex)	15.08	-4.06	7.65	6.93	5.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.74	-9.92	-26.01	-6.37	2.93
Gross Profit, 1 Yr. Growth %	18.89	-1.7	-33.63	-6.1	14.05
EBITDA, 1 Yr. Growth %	-42.72	-1.46K	-311.61	-33.15	-4.61
EBITA, 1 Yr. Growth %	-19.33	-331	-405.98	-31.75	-2.69
EBIT, 1 Yr. Growth %	-19.33	-331	-405.98	-31.75	-2.69
Earnings From Cont. Operations, 1 Yr. Growth %	-206.01	156.97	554.55	-111.43	-8
Net Income, 1 Yr. Growth %	-206.01	156.97	554.55	-111.43	-8
Normalized Net Income, 1 Yr. Growth %	-98.06	-10.28K	2.93K	-103.33	-5.49
Diluted EPS Before Extra, 1 Yr. Growth %	-179.52	160	553.85	-112.09	-9.1
Accounts Receivable, 1 Yr. Growth %	-3.29	-17.59	-25.3	-12.41	-6.01
Inventory, 1 Yr. Growth %	6.55	46.26	-25.58	-30.35	9.2
Net Property, Plant and Equip., 1 Yr. Growth %	0.58	20.89	-8.44	0.48	0.15
Total Assets, 1 Yr. Growth %	16.58	13.79	28.08	-4.83	-0.04
Tangible Book Value, 1 Yr. Growth %	29.16	15.95	38.61	-2.08	-1.72
Common Equity, 1 Yr. Growth %	29.16	15.95	38.61	-2.08	-1.72
Cash From Operations, 1 Yr. Growth %	-80.64	-370.27	-1.24K	-101.77	12.79
Capital Expenditures, 1 Yr. Growth %	41.49	-81.98	-8.98	369.07	6.27
Levered Free Cash Flow, 1 Yr. Growth %	-125.04	58.61	-241.15	-160.12	23.85
Unlevered Free Cash Flow, 1 Yr. Growth %	-125.04	58.61	-241.15	-160.12	23.85
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-5.4	-1.94	-18.13	-16.77	-1.83
Gross Profit, 2 Yr. CAGR %	-0.65	8.1	-18.63	-21.05	3.49
EBITDA, 2 Yr. CAGR %	-64.72	179.15	436.54	18.54	-0.27
EBITA, 2 Yr. CAGR %	18.88	36.51	165.86	44.07	-0.12
EBIT, 2 Yr. CAGR %	18.88	36.51	165.86	44.07	-0.12
Earnings From Cont. Operations, 2 Yr. CAGR %	27.01	65.05	310.13	-13.42	-67.57
Net Income, 2 Yr. CAGR %	27.01	65.05	310.13	-13.42	-67.57
Normalized Net Income, 2 Yr. CAGR %	-82.07	40.37	5.75K	0.52	-75.44
Diluted EPS Before Extra, 2 Yr. CAGR %	11.8	43.79	312.31	-11.08	-66.85
Accounts Receivable, 2 Yr. CAGR %	-21.7	-10.73	-21.54	-19.11	-9.27
Inventory, 2 Yr. CAGR %	-7.19	24.83	4.33	-28.01	-12.79
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.05	10.27	5.21	-4.08	0.32
Total Assets, 2 Yr. CAGR %	6.44	15.18	20.73	11.43	-2.47
Tangible Book Value, 2 Yr. CAGR %	13.96	22.38	26.78	17.14	-1.9
Common Equity, 2 Yr. CAGR %	13.96	22.38	26.78	17.14	-1.9
Cash From Operations, 2 Yr. CAGR %	-50.29	-27.67	454.83	-55.04	-85.85
Capital Expenditures, 2 Yr. CAGR %	78.79	-49.5	-59.5	106.62	123.27
Levered Free Cash Flow, 2 Yr. CAGR %	-37.51	-36.98	49.63	-24.75	28.39
Unlevered Free Cash Flow, 2 Yr. CAGR %	-37.51	-36.98	49.63	-24.75	28.39
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-5.99	-6.93	-10.56	-14.39	-10.66
Gross Profit, 3 Yr. CAGR %	0.89	-1	-7.67	-14.65	-10.75
EBITDA, 3 Yr. CAGR %	-18.46	19.19	154.53	167.38	27.87
EBITA, 3 Yr. CAGR %	2.35	48.35	78.65	68.62	44.76
EBIT, 3 Yr. CAGR %	2.35	48.35	78.65	68.62	44.76
Earnings From Cont. Operations, 3 Yr. CAGR %	-47.5	60.64	161.25	24.43	-11.65
Net Income, 3 Yr. CAGR %	-47.5	60.64	161.25	24.43	-11.65
Normalized Net Income, 3 Yr. CAGR %	-71.03	48.43	304.77	384.99	22.34
Diluted EPS Before Extra, 3 Yr. CAGR %	-52.35	48.13	138.22	27.15	-10.42
Accounts Receivable, 3 Yr. CAGR %	-21.93	-20.36	-15.87	-18.61	-14.96
Inventory, 3 Yr. CAGR %	-1.3	8	5.06	-8.82	-17.28
Net Property, Plant and Equip., 3 Yr. CAGR %	-5.38	5.07	3.64	3.61	-2.69
Total Assets, 3 Yr. CAGR %	4.94	8.84	19.33	12.22	7.47
Tangible Book Value, 3 Yr. CAGR %	11.28	14.62	27.56	16.74	10.48
Common Equity, 3 Yr. CAGR %	11.28	14.62	27.56	16.74	10.48
Cash From Operations, 3 Yr. CAGR %	-30.33	-12.59	81.29	-18.25	-38.91
Capital Expenditures, 3 Yr. CAGR %	33.79	-16.79	-38.55	-8.37	65.55
Levered Free Cash Flow, 3 Yr. CAGR %	-30.13	-14.76	-17.54	-3.52	15.79
Unlevered Free Cash Flow, 3 Yr. CAGR %	-30.18	-14.76	-17.54	-3.52	15.79
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-5.55	-6.05	-11.05	-10.9	-7.17
Gross Profit, 5 Yr. CAGR %	-5.52	-0.82	-7.43	-9.3	-3.36
EBITDA, 5 Yr. CAGR %	-43.08	42.85	73.24	18.93	74.74
EBITA, 5 Yr. CAGR %	-16.86	5.06	49.94	46.62	41.4
EBIT, 5 Yr. CAGR %	-16.86	5.06	49.94	46.62	41.4
Earnings From Cont. Operations, 5 Yr. CAGR %	-18.69	5.65	19.47	25.45	13.44
Net Income, 5 Yr. CAGR %	-18.69	5.65	19.47	25.45	13.44
Normalized Net Income, 5 Yr. CAGR %	-60.86	5.31	142.16	29.67	31.97
Diluted EPS Before Extra, 5 Yr. CAGR %	-23.28	-0.08	12.97	20.77	8.24
Accounts Receivable, 5 Yr. CAGR %	-8.69	-14.03	-21.78	-19.86	-13.29
Inventory, 5 Yr. CAGR %	-7.24	0.68	0.91	-8.17	-2.48
Net Property, Plant and Equip., 5 Yr. CAGR %	18.82	25.22	-1.28	1.31	2.3
Total Assets, 5 Yr. CAGR %	1.76	5.04	10.99	9.87	10.49
Tangible Book Value, 5 Yr. CAGR %	1.48	5.25	17.24	15.62	15.09
Common Equity, 5 Yr. CAGR %	1.48	5.25	17.24	15.62	15.09
Cash From Operations, 5 Yr. CAGR %	2.08	32.11	59.77	-33	-34.64
Capital Expenditures, 5 Yr. CAGR %	5.94	-23.15	-17.05	19.72	2.96
Levered Free Cash Flow, 5 Yr. CAGR %	-21.55	18.35	-5.25	-18.91	-9.22
Unlevered Free Cash Flow, 5 Yr. CAGR %	-21.51	18.31	-5.29	-18.91	-9.22