CLEARONE INC Income Statement
CLRO|7 years of annual SEC 10-K data (FY2011-FY2017)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
CLEARONE INC reported $42M in revenue and $14M in net loss for FY2017. Revenue has declined at a 1.6% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $41.8M | $48.6M | $57.8M | $57.9M | $49.6M | $46.1M | $46.1M |
| Cost of Revenue | $17.8M | $19.1M | $21.1M | $22.6M | $19.7M | $18.5M | $18.5M |
| Gross Profit | $24.0M | $29.5M | $36.7M | $35.3M | $29.9M | $27.5M | $27.5M |
| SG&A Expense | $7.2M | $7.3M | $7.5M | $7.2M | $6.4M | $5.4M | $5.4M |
| R&D Expense | $9.3M | $8.6M | $8.3M | $9.0M | $7.6M | $7.1M | $7.1M |
| Operating Income | -$16.2M | $3.6M | $10.3M | $8.0M | $7.6M | $10.6M | $10.6M |
| Income Tax | -$1.7M | $1.4M | $3.8M | $2.6M | $2.6M | -$3.7M | -$3.7M |
| Net Income | -$14.2M | $2.4M | $6.8M | $5.6M | $5.2M | $6.9M | $6.9M |
| EPS (Basic) | $0.74 | $0.61 | $0.61 | $0.57 | $2.93 | $0.77 | $0.27 |
| EPS (Diluted) | $0.71 | $0.58 | $0.58 | $0.55 | $2.89 | $0.75 | $0.27 |
| Shares Outstanding | 8.8M | 9.2M | 9.1M | 9.0M | 9.2M | 9.1M | 8.9M |
| Gross Margin | 57.4% | 60.6% | 63.5% | 61.0% | 60.2% | 59.8% | 59.8% |
| Operating Margin | -38.7% | 7.3% | 17.8% | 13.8% | 15.4% | 22.9% | 22.9% |
| Profit Margin | -33.9% | 5.0% | 11.7% | 9.7% | 10.4% | 15.0% | 15.0% |