Koss CorpKOSS

NasdaqConsumer SpendingHousehold Audio & Video Equipment
Price (close)
$4.20
Market cap
$39.8M
P/E
—
Revenue (FY)
$13.0M
Net income
-$391,464
Dividend yield
—
1-year total return
-20.2%
Net margin
-3.0%
Revenue growth
3.1%
Debt / equity
—

What Koss Corp does.

As used herein unless the context otherwise requires, the term “Company” means Koss Corporation and its subsidiaries, Koss Corp B.V. and Koss U.K. Limited. Koss Corporation was incorporated in Delaware in 1971. It formed Koss Corp B.V. and Koss U.K. Limited to comply with certain European Union (“EU”) requirements. Koss U.K. Limited is maintained to comply with certain U.K. requirements.

The Company operates in the audio/video industry segment of the home entertainment and communication industry through its design, manufacture and sale of stereo headphones and related accessory products. The Company reports its results as a single reporting segment, as the Company’s only business line is the design, manufacture and sale of stereo headphones and related personal listening accessories.

The Company’s products are sold through U.S. distributors, international distributors, audio specialty stores, the internet, national retailers, grocery stores, electronics retailers, and prisons under the “Koss” name as well as private label. The Company also sells products to distributors for resale to school systems, and directly to other manufacturers for inclusion with their own products. International markets are served by domestic sales representatives and sales personnel in the Netherlands and the Caucasus region. The Company utilizes independent distributors in several foreign countries.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$19.5M$17.7M$13.1M$12.3M$12.6M$13.0M
Net income$493,594$1.3M$8.3M-$950,911-$874,831-$391,464
Free cash flow-$251,415-$1.1M$10.6M-$652,291-$705,625$122,721

More on KOSS.

Figures from Koss Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.