Company Quick10K Filing
VOXX
10-Q 2019-11-30 Filed 2020-01-09
10-Q 2019-08-31 Filed 2019-10-10
10-Q 2019-05-31 Filed 2019-07-10
10-K 2019-02-28 Filed 2019-05-14
10-Q 2018-11-30 Filed 2019-01-09
10-Q 2018-08-31 Filed 2018-10-10
10-Q 2018-05-31 Filed 2018-07-10
10-K 2018-02-28 Filed 2018-05-14
10-Q 2017-11-30 Filed 2018-01-09
10-Q 2017-08-31 Filed 2017-10-10
10-Q 2017-05-31 Filed 2017-07-10
10-K 2017-02-28 Filed 2017-05-15
10-Q 2016-11-30 Filed 2017-01-09
10-Q 2016-08-31 Filed 2016-10-11
10-Q 2016-05-31 Filed 2016-07-11
10-K 2016-02-29 Filed 2016-05-16
10-Q 2015-11-30 Filed 2016-01-11
10-Q 2015-08-31 Filed 2015-10-13
10-Q 2015-05-31 Filed 2015-07-09
10-K 2015-02-28 Filed 2015-05-14
10-Q 2014-11-30 Filed 2015-01-08
10-Q 2014-08-31 Filed 2014-10-09
10-Q 2014-05-31 Filed 2014-07-10
10-K 2014-02-28 Filed 2014-05-15
10-Q 2013-11-30 Filed 2014-01-08
10-Q 2013-08-31 Filed 2013-10-10
10-Q 2013-05-31 Filed 2013-07-10
10-K 2013-02-28 Filed 2013-05-15
10-Q 2012-11-30 Filed 2013-01-09
10-Q 2012-08-31 Filed 2012-10-10
10-Q 2012-05-31 Filed 2012-07-10
10-K 2012-02-29 Filed 2012-05-14
10-Q 2011-11-30 Filed 2012-01-09
10-Q 2011-08-31 Filed 2011-10-11
10-Q 2011-05-31 Filed 2011-07-11
10-K 2011-02-27 Filed 2011-05-16
10-Q 2010-11-30 Filed 2011-01-10
10-Q 2010-08-31 Filed 2010-10-12
10-Q 2010-05-31 Filed 2010-07-12
10-K 2010-02-28 Filed 2010-05-14
10-Q 2009-11-30 Filed 2010-01-11
8-K 2020-05-04 Other Events
8-K 2020-04-07 Officers
8-K 2020-02-03 Other Events, Exhibits
8-K 2020-01-09 Earnings, Other Events, Exhibits
8-K 2019-10-10 Earnings, Other Events, Exhibits
8-K 2019-09-30 Leave Agreement, M&A, Other Events, Exhibits
8-K 2019-07-25 Shareholder Vote, Regulation FD, Exhibits
8-K 2019-07-08 Earnings, Officers, Other Events, Exhibits
8-K 2019-06-07 Enter Agreement, Other Events, Exhibits
8-K 2019-05-14 Earnings, Officers, Other Events
8-K 2019-04-29 Other Events
8-K 2019-01-23 Other Events
8-K 2019-01-09 Earnings, Officers, Other Events
8-K 2018-10-10 Earnings, Other Events
8-K 2018-07-19 Shareholder Vote, Regulation FD
8-K 2018-07-10 Earnings, Other Events
8-K 2018-05-14 Earnings, Other Events
8-K 2018-04-19 Enter Agreement, Off-BS Arrangement
8-K 2018-01-09 Earnings, Other Events

VOXX Financials

VOXX Metrics, Comps, Filings

Quarterly | Annual

Business

VOXX International Corporation ("Voxx," "We," "Our," "Us," or the "Company") is a leading international manufacturer and distributor in the Automotive, Premium Audio and Consumer Accessories industries. The Company has widely diversified interests, with more than 30 global brands that it has acquired and grown throughout the years, achieving a powerful international corporate image and creating a vehicle for each of these respective brands to emerge with its own identity. We conduct our business through sixteen wholly-owned subsidiaries: Audiovox Atlanta Corp., VOXX Electronics Corporation, VOXX Accessories Corp., VOXX German Holdings GmbH ("Voxx Germany"), Audiovox Canada Limited, Voxx Hong Kong Ltd., Audiovox International Corp., Audiovox Mexico, S. de R.L. de C.V. ("Voxx Mexico"), Code Systems, Inc., Oehlbach Kabel GmbH ("Oehlbach"), Schwaiger GmbH ("Schwaiger"), Invision Automotive Systems, Inc. ("Invision"), Klipsch Holding LLC ("Klipsch"), Omega Research and Development, LLC ("Omega"), Voxx Automotive Corp., and Audiovox Websales LLC, as well as a majority owned subsidiary, EyeLock LLC ("EyeLock"). We market our products under the Audiovox® brand name and other brand names and licensed brands, such as 808®, Acoustic Research®, Advent®, Car Link®, Chapman®, Code-Alarm®, Discwasher®, Energy®, Heco®, Invision®, Jamo®, Klipsch®, Mac Audio™, Magnat®, Mirage®, myris®, Oehlbach®, Omega®, Prestige®, Project Nursery®, RCA®, RCA Accessories, Rosen®, Schwaiger®, Terk® and Voxx Automotive as well as private labels through a large domestic and international distribution network. We also function as an OEM ("Original Equipment Manufacturer") supplier to several customers, as well as market a number of products under exclusive distribution agreements, such as SiriusXM satellite radio products.

VOXX International Corporation was incorporated in Delaware on April 10, 1987 under its former name, Audiovox Corp., as successor to a business founded in 1960 by John J. Shalam, our Chairman and controlling stockholder. Our extensive distribution network and long-standing industry relationships have allowed us to benefit from growing market opportunities and emerging niches in the electronics business.

The Company operates in three segments based upon the Company's products and internal organizational structure. The operating segments consist of the Automotive, Premium Audio and Consumer Accessories segments. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, automotive security, remote start systems, mobile multimedia devices, aftermarket/OE-styled radios, car-link smartphone telematics applications, collision avoidance systems and location-based services. The Premium Audio segment designs, manufactures, distributes and markets home theater systems, high-end loudspeakers, outdoor speakers, business music systems, cinema speakers, flat panel speakers, Bluetooth speakers, soundbars, headphones and DLNA (Digital Living Network Alliance) compatible devices. The Consumer Accessories segment designs, manufactures, markets and distributes remote controls; wireless and Bluetooth speakers; karaoke products; iris identification and biometric security related products; personal sound amplifiers; smart-home security and safety products; infant and nursery products; activity tracking bands; healthcare wearables; and A/V connectivity, portable/home charging, reception and digital consumer products. See Note 13 to the Company's Consolidated Financial Statements for segment and geographic area information.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
NetApp (NTAP) 12,914,400 65% 7.7 13% 7,472,000 6,936,000 5,762,000 3,749,000 991,000 1,431,000 11,072,400
Arrow Electronics (ARW) 6,410,278 12% 102.2 -1% 15,689,711 10,998,892 29,496,839 3,450,808 -81,703 88,914 9,090,317
Avnet (AVT) 4,603,026 13% 17.2 2% 8,913,337 4,955,266 19,058,722 2,393,192 134,365 298,439 5,130,893
Pure Storage (PSTG) 4,302,643 68% -37.9 -9% 2,192,779 1,414,829 1,151,436 785,344 -196,336 -104,994 3,983,010
II-VI (IIVI) 2,395,334 37% 21.3 1% 5,370,686 3,239,492 1,388,472 520,582 55,370 203,104 4,333,429
Ituran (ITRN) 727,738 0% 373,792 213,592 0 0 0 0 747,312
Nova Measuring Instruments (NVMI) 650,959 0% 333,430 52,690 0 0 0 0 626,082
Tecnoglass (TGLS) 364,611 33% 16.8 2% 557,589 388,511 427,384 140,604 9,408 35,187 590,747
Camtek (CAMT) 249,880 0% 141,547 40,140 0 0 0 0 194,945
Tessco Technologies (TESS) 163,924 19% 43.9 0% 233,947 130,069 569,798 110,849 726 3,752 164,637
VOXX (VOXX) 97,423 27% -1.1 -9% 498,020 106,036 439,415 119,749 -46,300 -38,356 43,278
Cyberoptics (CYBE) 119,832 44% 28.0 3% 69,506 11,992 60,474 26,813 1,799 3,993 111,728
Rada Electronic (RADA) 100,170 0% 53,502 11,641 0 0 0 0 78,408
Richardson Electronics (RELL) 31% 13.4 -5% 153,017 29,260 166,652 51,735 -7,328 -3,138 -42,019
Perceptron (PRCP) 49,963 35% -8.5 -10% 67,244 25,332 73,230 25,942 -7,057 -5,364 45,737
CUI Global (CUI) 26,109 32% -4.8 -9% 64,959 25,726 51,893 16,487 -5,580 -5,037 24,381
Taitron Components (TAIT) 16,315 50% 10.4 7% 13,849 686 4,814 2,406 959 1,087 11,346
Cool Holdings (AWSM) 11,927 26% -2.8 -43% 29,571 41,074 17,211 4,516 -12,597 -12,031 33,797
Qualstar (QBAK) 11,841 27% 34.9 2% 10,525 3,654 9,998 2,679 179 214 7,470
Universal Security Instruments (UUU) 1,920 31% -1.2 -12% 17,178 7,909 16,981 5,193 -2,098 -1,573 1,880

Balance Sheet ($'000)2011-08-312011-11-302012-02-292012-05-312012-08-312012-11-302013-02-282013-05-312013-08-312013-11-302014-02-282014-05-312014-08-312014-11-302015-02-282015-05-312015-08-312015-11-302016-02-292016-05-312016-08-312016-11-302017-02-282017-05-312017-08-312017-11-302018-02-282018-05-312018-08-312018-11-302019-02-282019-05-31
Cash14,33918,83613,60621,27717,71018,19319,77716,25513,38616,32810,60310,9269,40111,0568,4487,0558,45012,43511,7678,5584,8515,6727,8008,06045,82137,51451,74049,82744,19148,71858,23660,004
Accounts Receivable117,703163,476142,585139,174136,659184,621152,596132,085124,949181,461147,054121,971110,740140,952102,76689,38880,853101,94987,05578,89481,092110,40890,64189,88870,95693,10681,11665,60870,60084,63973,39161,585
Inventory151,137147,785129,514152,781170,562170,252159,099152,309174,499160,853144,339143,173153,797153,325156,649154,903162,933153,663144,028150,638160,833158,636153,053165,409142,053125,389117,992118,344124,415118,816102,379103,275
PP&E24,01723,19931,77960,84162,52665,871125,93976,65777,72179,754142,30183,24482,31781,500130,56071,86576,34478,458147,42079,93280,05479,664150,21285,18266,19765,959118,30063,83559,46761,200115,05059,695
Assets623,365665,002634,179788,208798,833850,302829,272793,710806,457859,630747,150728,446718,626738,656677,513658,925659,959702,952669,712662,202672,974694,506668,486694,375594,817586,698575,644560,939550,228560,724508,811498,020
Accounts Payable54,00858,79943,75559,44867,28667,35956,89459,83771,12576,34755,37364,82764,65673,97171,40360,16557,04571,73955,79057,84871,26871,77861,14371,66944,14636,20334,70034,35738,65737,09731,14332,349
Long-Term Debt55,34967,65934,860145,505174,177193,620175,016140,168126,826135,010109,18284,21896,28797,21485,48788,52296,385102,47799,51791,92392,936105,26797,747102,29621,00021,00033,7228,1537,9745,7545,7765,859
Liabilities222,957256,996212,382373,895378,768415,106384,736347,116351,153383,376317,566298,089297,513312,050281,373266,444270,671303,839273,818268,350278,065301,050277,171301,379164,285148,561125,526114,799126,461127,422113,710106,036
Stockholders' Equity400,408408,006421,797414,313420,065435,196444,536446,594455,304476,254429,584430,357421,113426,606396,140392,481389,288399,113393,852394,909393,456393,459432,916442,055455,948453,584432,909444,086407,672405,779
Income Statement ($'000)2011-08-312011-11-302012-02-292012-05-312012-08-312012-11-302013-02-282013-05-312013-08-312013-11-302014-02-282014-05-312014-08-312014-11-302015-02-282015-05-312015-08-312015-11-302016-02-292016-05-312016-08-312016-11-302017-02-282017-05-312017-08-312017-11-302018-02-282018-05-312018-08-312018-11-302019-02-282019-05-31
Revenue158,337206,803176,597194,036191,715243,036206,790192,972183,818245,814187,105186,899177,343223,356169,900164,383154,174192,506169,683155,456159,262198,937167,387159,103113,470156,563122,236100,855108,867129,637107,45793,454
Cost of Revenue114,475146,960121,035143,540137,029173,087145,099138,520129,716177,016134,209133,846124,939154,399120,444116,340109,199136,663122,859109,355112,769140,724116,679115,36485,049115,04490,02373,17877,80490,71483,70367,445
Gross Profit43,86259,84355,56250,49654,68669,94961,69154,45254,10268,79852,89653,05352,40468,95749,45648,04344,97555,84346,82446,10146,49358,21350,70843,73928,42141,51932,21327,67731,06338,92323,75426,009
R&D4,9843,8943,0695,3335,7302,3537,5915,3895,8944,9154,5794,9725,9396,4126,49610,2568,6737,9646,3147,8103,4002,3402,2022,3091,863
SG&A31,96437,36036,61938,43042,16843,16543,93642,30341,64546,44844,42344,21142,09843,21039,46640,72936,98342,00040,18339,73536,01839,66140,67340,98431,29229,61531,05626,80626,64226,84527,55727,306
Tax2,4846,1363,006-2,7842,2776,2587,4123,0602,7886,409-10,3191,928-1,9605842,946276-2,4532,968-2,5262,28803,4351,977533,4650-12,9141,8518,338-4,078-9,278289
Net Income3,4398,85810,866-4,7003,72013,20210,2702,1424,86315,424-49,026489-2,68215,622-14,371-714-4,3947,777-5,351-4,3083,0205,800-90-3,03117,1068,64412,585-939-20,80312,211-36,560-1,148
Cash Flow ($'000)2011-08-312011-11-302012-02-292012-05-312012-08-312012-11-302013-02-282013-05-312013-08-312013-11-302014-02-282014-05-312014-08-312014-11-302015-02-282015-05-312015-08-312015-11-302016-02-292016-05-312016-08-312016-11-302017-02-282017-05-312017-08-312017-11-302018-02-282018-05-312018-08-312018-11-302019-02-282019-05-31
Cash Operating-8,40431,84620,155-13,056-13,49631,92033,89611,223-2,78624,48427,745-3,9196,57117,0314882,39519,5945,044-6,544-473-8,11513,342427-32,634-6,74113,4093,285-3,10512,4574,268
Cash Investing-1,132-10,159-116,288400-5,907-3,779-3,108-2,623-3,771-5,127-9,012-2,965-3,603-7,302-5,391-8,624-21,572-3,000-2,292-2,797-3,518-3,523-4,620168,611-2,047-584-1,878-1,920-2,069-703
Cash Financing14,134-27,052104,47210,60719,654-26,479-33,136-11,5799,271-24,715-18,5125,985-1,212-11,1393,3607,3666,480-3,5114,903-31912,650-7,5393,890-96,162609-584146-339-733-1,536