Turtle Historical Income Statement

TBCH Stock   13.02  0.07  0.53%   
Historical analysis of Turtle Beach income statement accounts such as Operating Income of 21 M, Ebit of 19.7 M, Research Development of 8.8 M or Ebitda of 31.6 M can show how well Turtle Beach performed in making a profits. Evaluating Turtle Beach income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Turtle Beach's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Turtle Beach latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Turtle Beach is a good buy for the upcoming year.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turtle Beach. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Turtle Stock please use our How to Invest in Turtle Beach guide.

About Turtle Income Statement Analysis

Turtle Beach Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Turtle Beach shareholders. The income statement also shows Turtle investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Turtle Beach Income Statement Chart

As of now, Turtle Beach's Operating Income is increasing as compared to previous years. The Turtle Beach's current EBIT is estimated to increase to about 19.7 M, while Other Operating Expenses is projected to decrease to under 186.8 M.

Total Revenue

Total revenue comprises all receipts Turtle Beach generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Turtle Beach. It is also known as Turtle Beach overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Turtle Beach income statement and represents the costs associated with goods and services Turtle Beach provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Turtle Beach's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Turtle Beach current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turtle Beach. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Turtle Stock please use our How to Invest in Turtle Beach guide.As of now, Turtle Beach's Operating Income is increasing as compared to previous years. The Turtle Beach's current EBIT is estimated to increase to about 19.7 M, while Other Operating Expenses is projected to decrease to under 186.8 M.
 2022 2023 2024 2025 (projected)
Total Revenue240.2M258.1M372.8M391.4M
Depreciation And Amortization5.8M4.8M11.4M12.0M

Turtle Beach income statement Correlations

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0.770.980.890.360.350.770.430.920.740.31-0.330.310.220.380.690.69-0.65-0.51-0.330.43
0.690.980.810.530.520.640.60.860.610.48-0.290.480.210.350.590.67-0.61-0.52-0.170.44
0.730.890.810.040.030.90.110.980.930.0-0.31-0.020.310.320.730.62-0.49-0.27-0.420.34
-0.130.360.530.041.0-0.110.990.21-0.30.990.10.990.08-0.1-0.010.32-0.16-0.230.240.2
-0.140.350.520.031.0-0.110.990.2-0.311.00.150.990.09-0.120.00.33-0.15-0.220.250.19
0.620.770.640.9-0.11-0.11-0.050.880.86-0.12-0.12-0.140.270.130.90.74-0.65-0.29-0.690.35
-0.040.430.60.110.990.99-0.050.27-0.230.980.080.980.08-0.050.040.37-0.22-0.290.230.25
0.670.920.860.980.210.20.880.270.850.17-0.270.150.330.270.720.67-0.5-0.28-0.410.36
0.790.740.610.93-0.3-0.310.86-0.230.85-0.34-0.35-0.360.260.380.670.46-0.42-0.21-0.390.27
-0.20.310.480.00.991.0-0.120.980.17-0.340.230.990.11-0.210.010.35-0.13-0.170.230.15
-0.62-0.33-0.29-0.310.10.15-0.120.08-0.27-0.350.230.180.27-0.90.140.230.210.41-0.04-0.37
-0.170.310.48-0.020.990.99-0.140.980.15-0.360.990.180.0-0.16-0.020.33-0.17-0.230.250.2
-0.090.220.210.310.080.090.270.080.330.260.110.270.0-0.280.270.190.170.34-0.19-0.29
0.760.380.350.32-0.1-0.120.13-0.050.270.38-0.21-0.9-0.16-0.28-0.13-0.22-0.26-0.540.150.46
0.470.690.590.73-0.010.00.90.040.720.670.010.14-0.020.27-0.130.88-0.77-0.36-0.780.33
0.340.690.670.620.320.330.740.370.670.460.350.230.330.19-0.220.88-0.73-0.42-0.520.45
-0.61-0.65-0.61-0.49-0.16-0.15-0.65-0.22-0.5-0.42-0.130.21-0.170.17-0.26-0.77-0.730.80.57-0.68
-0.67-0.51-0.52-0.27-0.23-0.22-0.29-0.29-0.28-0.21-0.170.41-0.230.34-0.54-0.36-0.420.80.18-0.88
-0.21-0.33-0.17-0.420.240.25-0.690.23-0.41-0.390.23-0.040.25-0.190.15-0.78-0.520.570.18-0.15
0.580.430.440.340.20.190.350.250.360.270.15-0.370.2-0.290.460.330.45-0.68-0.88-0.15
Click cells to compare fundamentals

Turtle Beach Account Relationship Matchups

Turtle Beach income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization5.2M5.3M5.8M4.8M11.4M12.0M
Total Revenue360.1M366.4M240.2M258.1M372.8M391.4M
Gross Profit133.8M128.4M49.2M75.5M129.0M135.4M
Other Operating Expenses310.9M345.9M291.6M274.6M352.7M186.8M
Operating Income49.2M20.4M(51.5M)(16.4M)20.0M21.0M
Ebit52.9M20.5M(53.2M)(16.8M)18.7M19.7M
Research Development12.3M17.5M19.1M17.1M17.3M8.8M
Ebitda58.2M25.8M(47.4M)(12.0M)30.1M31.6M
Cost Of Revenue226.3M238.0M191.0M182.6M243.8M123.3M
Total Operating Expenses84.6M108.0M100.7M91.9M109.0M63.5M
Income Before Tax52.5M20.1M(54.5M)(17.3M)10.7M11.2M
Total Other Income Expense Net3.3M(282K)(3.0M)(898K)(9.4M)(8.9M)
Net Income38.7M17.7M(59.5M)(17.7M)16.2M17.0M
Income Tax Expense13.7M2.4M5.1M338K(5.5M)(5.2M)
Interest Expense467K383K1.2M504K8.1M8.5M
Selling General Administrative25.6M31.6M32.6M31.3M28.4M26.2M
Selling And Marketing Expenses46.8M58.9M47.1M43.5M52.4M43.8M

Currently Active Assets on Macroaxis

When determining whether Turtle Beach offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turtle Beach's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turtle Beach Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turtle Beach Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turtle Beach. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Turtle Stock please use our How to Invest in Turtle Beach guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turtle Beach. If investors know Turtle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turtle Beach listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.74
Revenue Per Share
18.515
Quarterly Revenue Growth
0.144
Return On Assets
0.0887
Return On Equity
0.1249
The market value of Turtle Beach is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.