Income Statement Koss Corporation

Stocks

KOSS

US5006921085

Household Electronics

Market Closed - Nasdaq 01:30:00 05/09/2026 am IST			5-day change	1st Jan Change
3.580 ^USD	+1.12%		+2.29%	-13.53%

28/08	Koss Corporation Reports Earnings Results for the Full Year Ended June 30, 2026	CI
28/08	Tranche Update on Koss Corporation's Equity Buyback Plan announced on February 18, 2004.	CI

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Published financial data: KOSS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Revenues	1.76Cr	1.31Cr	1.23Cr	1.26Cr	1.3Cr
Total Revenues	1.76Cr	1.31Cr	1.23Cr	1.26Cr	1.3Cr
Cost of Goods Sold, Total	1.1Cr	86.42L	80.8L	78.51L	75.68L
Gross Profit	66.17L	44.57L	41.85L	47.74L	54.52L
Selling General & Admin Expenses, Total	52.96L	69.01L	58.2L	72.96L	78.68L
R&D Expenses	3L	3L	2L	2L	2L
Other Operating Expenses	1L	28T	-	-	-
Other Operating Expenses, Total	57.15L	72.17L	60.58L	75.1L	80.98L
Operating Income	9L	-27.6L	-18.72L	-27.36L	-26.45L
Interest Expense, Total	-	-	-	-	-2.12T
Interest And Investment Income	11.51T	5L	8L	9L	9L
Net Interest Expenses	11.51T	5L	8L	9L	9L
Other Non Operating Income (Expenses)	390	3.3Cr	-	-	2L
EBT, Excl. Unusual Items	9L	3.08Cr	-10.25L	-18.57L	-15.13L
Insurance Settlements	3L	-	-	-	-
Legal Settlements	-	-2.21Cr	-	10L	11.33L
Other Unusual Items	1L	-	-	-	-
EBT, Incl. Unusual Items	12.76L	86.2L	-10.25L	-9L	-4L
Income Tax Expense	7.52T	3L	-73.6T	17.48T	10.89T
Earnings From Continuing Operations	12.68L	83.02L	-10L	-9L	-4L
Net Income to Company	12.68L	83.02L	-10L	-9L	-4L
Net Income - (IS)	12.68L	83.02L	-10L	-9L	-4L
Net Income to Common Incl Extra Items	12.68L	83.02L	-10L	-9L	-4L
Net Income to Common Excl. Extra Items	12.68L	83.02L	-10L	-9L	-4L
Per Share Items
Net EPS - Basic	0.14	0.9	-0.1	-0.09	-0.04
Basic EPS - Continuing Operations	0.14	0.9	-0.1	-0.09	-0.04
Basic Weighted Average Shares Outstanding	90.7L	91.93L	92.51L	93.63L	94.63L
Net EPS - Diluted	0.13	0.85	-0.1	-0.09	-0.04
Diluted EPS - Continuing Operations	0.13	0.85	-0.1	-0.09	-0.04
Diluted Weighted Average Shares Outstanding	99.86L	97.54L	92.51L	93.63L	94.63L
Normalized Basic EPS	0.06	2.09	-0.07	-0.12	-0.1
Normalized Diluted EPS	0.06	1.97	-0.07	-0.12	-0.1
Supplemental Items
EBITDA	11.95L	-25.3L	-16.8L	-24.99L	-23.4L
EBITA	9L	-27.6L	-18.72L	-27.36L	-26.35L
EBIT	9L	-27.6L	-18.72L	-27.36L	-26.45L
EBITDAR	15.75L	-21.42L	-12.92L	-21.12L	-19.52L
Effective Tax Rate - (Ratio)	0.59	3.68	7.18	-2.04	-2.86
Current Domestic Taxes	7.52T	3L	-73.6T	17.48T	10.89T
Total Current Taxes	7.52T	3L	-73.6T	17.48T	10.89T
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	6L	1.92Cr	-6L	-11.6L	-9L
Interest on Long-Term Debt	-	-	-	-	-
Non-Cash Pension Expense	-7L	59.89T	96T	1L	2L
Supplemental Operating Expense Items
Advertising Expense	50.51T	65.37T	1L	3L	3L
Selling and Marketing Expenses	50.51T	65.37T	1L	3L	3L
General and Administrative Expenses	-	59.89T	96T	1L	2L
Research And Development Expense From Footnotes	3L	3L	2L	2L	2L
Net Rental Expense, Total	4L	4L	4L	4L	4L
Imputed Operating Lease Interest Expense	-	-	-	-	2.7T
Imputed Operating Lease Depreciation	-	-	-	-	4L
Stock-Based Comp., SG&A Exp. (Total)	5L	3L	2L	31.78T	26.41T
Stock-Based Comp., Other (Total)	-	-	-	1L	2L
Total Stock-Based Compensation	5L	3L	2L	2L	3L

Fiscal Period: June	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Assets
Cash And Equivalents	92.08L	30.91L	28.37L	28.08L	30.21L
Short Term Investments	-	1.71Cr	1.21Cr	1.29Cr	-
Total Cash And Short Term Investments	92.08L	2.02Cr	1.49Cr	1.57Cr	30.21L
Accounts Receivable, Total	18.47L	13.8L	12.08L	11.36L	12.22L
Other Receivables	-	1L	2L	2L	1L
Total Receivables	18.47L	15.18L	14.21L	12.93L	13.5L
Inventory	86.31L	64.23L	44.74L	48.85L	45.92L
Prepaid Expenses	2L	3L	10.81L	7L	2L
Other Current Assets, Total	-	-	-	-	1.68Cr
Total Current Assets	1.99Cr	2.84Cr	2.19Cr	2.26Cr	2.6Cr
Gross Property Plant And Equipment	1.21Cr	1.18Cr	1.12Cr	1.15Cr	1.15Cr
Accumulated Depreciation	-77.41L	-78.26L	-72.27L	-74.64L	-77.59L
Net Property Plant And Equipment	43.36L	39.7L	39.89L	39.95L	37.77L
Long-term Investments	-	-	49.94L	40.01L	-
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	57.45L	60.2L	62.99L	65.85L	68.8L
Total Assets	3Cr	3.84Cr	3.72Cr	3.72Cr	3.67Cr
Liabilities
Accounts Payable, Total	8L	3L	3L	8L	3L
Accrued Expenses, Total	5L	7L	4L	5L	9L
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	2L	2L	2L	3L	3L
Current Income Taxes Payable	3.03T	87.24T	35.9T	42.96T	43.98T
Unearned Revenue Current, Total	5L	5L	3L	2L	2L
Other Current Liabilities	30.52T	3L	33.45T	43.81T	1L
Total Current Liabilities	21.27L	20.12L	12.98L	19.4L	18.63L
Long-Term Leases	30.24L	27.88L	25.42L	22.89L	20.34L
Unearned Revenue Non Current	2L	1L	1L	1L	1L
Other Non Current Liabilities	19.37L	19.97L	20.93L	22.26L	24.62L
Total Liabilities	72.58L	69.1L	60.52L	65.75L	64.99L
Common Stock, Total	45.74T	46.17T	46.5T	47.28T	47.33T
Additional Paid In Capital	1.27Cr	1.31Cr	1.34Cr	1.37Cr	1.38Cr
Retained Earnings	99.98L	1.83Cr	1.77Cr	1.68Cr	1.64Cr
Comprehensive Income and Other	-	-	-	-	-1L
Total Common Equity	2.27Cr	3.15Cr	3.11Cr	3.06Cr	3.02Cr
Total Equity	2.27Cr	3.15Cr	3.11Cr	3.06Cr	3.02Cr
Total Liabilities And Equity	3Cr	3.84Cr	3.72Cr	3.72Cr	3.67Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	91.48L	92.35L	93L	94.56L	94.66L
ECS Total Common Shares Outstanding	91.48L	92.35L	93L	94.56L	94.66L
Book Value / Share	2.48	3.41	3.35	3.24	3.19
Tangible Book Value	2.27Cr	3.15Cr	3.11Cr	3.06Cr	3.02Cr
Tangible Book Value Per Share	2.48	3.41	3.35	3.24	3.19
Total Debt	32.48L	30.24L	27.81L	25.42L	23.11L
Net Debt	-59.6L	-1.71Cr	-1.22Cr	-1.31Cr	-7L
Debt Equivalent of Unfunded Proj. Benefit Obligation	19.37L	19.97L	20.93L	22.26L	24.62L
Debt Equivalent Oper. Leases	30.4L	31.01L	31.01L	31.01L	31.01L
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	22.18L	20.71L	19.74L	19.67L	18.39L
Inventories - Finished Goods, Total	83.03L	61.78L	43.58L	48.16L	46.23L
Machinery, Total	56.42L	56.6L	49.19L	50.52L	52.4L
Full Time Employees	31	28	28	26	28
Part Time Employees	3	3	2	2	2
Accumulated Allowance for Doubtful Accounts (Supple)	2.03T	6.03T	1.92T	2.04T	2.04T

Fiscal Period: June	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Net Income	12.68L	83.02L	-10L	-9L	-4L
Depreciation & Amortization - CF	3L	2L	2L	2L	3L
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	10.57T
Depreciation & Amortization, Total	3L	2L	2L	2L	3L
(Gain) Loss From Sale Of Asset	7.86T	2.26T	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-2L	-4L	-2L	-2L
Stock-Based Compensation (CF)	3L	3L	3L	2L	3L
Provision and Write-off of Bad Debts	-35.3T	4T	-4.1T	121	-
Other Operating Activities, Total	-10.18L	-2L	-2L	-2L	-2L
Change In Accounts Receivable	4L	5L	2L	72.53T	-86.09T
Change In Inventories	-27.3L	22.08L	19.5L	-4L	3L
Change In Accounts Payable	4L	-5L	62.32T	5L	-5L
Change in Unearned Revenues	-2L	-1L	-2L	12.79T	18.64T
Change In Income Taxes	-1.51T	-2.7T	-6.19T	12.64T	19.82T
Change in Other Net Operating Assets	3L	3L	-11.38L	5L	9L
Cash from Operations	-9L	1.07Cr	-2L	-2L	4L
Capital Expenditure	-1L	-98.44T	-5L	-5L	-3L
Investment in Marketable and Equity Securities, Total	-	-1.68Cr	3L	4L	1L
Other Investing Activities, Total	19.18L	-88T	-81.74T	-70.58T	-51.3T
Cash from Investing	18.1L	-1.7Cr	-2L	-1L	-2L
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-9.77T
Total Debt Repaid	-	-	-	-	-9.77T
Issuance of Common Stock	13.9L	2L	1L	3L	21.1T
Cash from Financing	13.9L	2L	1L	3L	11.33T
Net Change in Cash	22.58L	-61.17L	-3L	-29.28T	2L
Supplemental Items
Cash Interest Paid	-	-	-	-	2.12T
Cash Income Tax Paid (Refund)	-	3L	-67.41T	4.85T	-8.92T
Levered Free Cash Flow	-7L	10.09L	-4L	-11.1L	-1.76Cr
Unlevered Free Cash Flow	-7L	10.09L	-4L	-11.1L	-1.76Cr
Change In Net Working Capital	19.28L	-23.13L	-9L	-7L	1.62Cr
Net Debt Issued / Repaid	-	-	-	-	-9.77T

Fiscal Period: June	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)	2026 (USD)
Profitability
Return on Assets	2	-5.05	-3.07	-4.6	-4.48
Return on Total Capital	2.36	-5.71	-3.4	-5.1	-5.04
Return On Equity %	6	30.66	-3.02	-2.83	-1.29
Return on Common Equity	6	30.66	-3.02	-2.83	-1.29
Margin Analysis
Gross Profit Margin %	37.58	34.03	34.12	37.81	41.87
SG&A Margin	30.08	52.68	47.45	57.8	60.43
EBITDA Margin %	6.79	-19.31	-13.7	-19.8	-17.97
EBITA Margin %	5.12	-21.07	-15.26	-21.68	-20.23
EBIT Margin %	5.12	-21.07	-15.26	-21.68	-20.32
Income From Continuing Operations Margin %	7.2	63.38	-7.75	-6.93	-3.01
Net Income Margin %	7.2	63.38	-7.75	-6.93	-3.01
Net Avail. For Common Margin %	7.2	63.38	-7.75	-6.93	-3.01
Normalized Net Income Margin	3.24	146.76	-5.22	-9.19	-7.26
Levered Free Cash Flow Margin	-4.06	7.71	-3.3	-8.8	-134.93
Unlevered Free Cash Flow Margin	-4.06	7.71	-3.3	-8.8	-134.92
Asset Turnover
Asset Turnover	0.63	0.38	0.32	0.34	0.35
Fixed Assets Turnover	4.44	3.15	3.08	3.16	3.35
Receivables Turnover (Average Receivables)	8.62	8.12	9.48	10.77	11.05
Inventory Turnover (Average Inventory)	1.51	1.15	1.48	1.68	1.6
Short Term Liquidity
Current Ratio	9.34	14.11	16.89	11.65	13.96
Quick Ratio	5.2	10.77	12.61	8.75	2.35
Operating Cash Flow to Current Liabilities	-0.44	5.34	-0.15	-0.11	0.24
Days Sales Outstanding (Average Receivables)	42.37	44.95	38.61	33.89	33.04
Days Outstanding Inventory (Average Inventory)	241.34	317.92	246.82	217.56	228.53
Average Days Payable Outstanding	15.89	30.17	17.83	25.38	27.92
Cash Conversion Cycle (Average Days)	267.81	332.69	267.59	226.06	233.65
Long Term Solvency
Total Debt/Equity	14.31	9.61	8.93	8.3	7.66
Total Debt / Total Capital	12.52	8.77	8.2	7.67	7.12
LT Debt/Equity	13.32	8.86	8.16	7.48	6.75
Long-Term Debt / Total Capital	11.66	8.08	7.49	6.9	6.27
Total Liabilities / Total Assets	24.23	18.01	16.27	17.68	17.73
EBIT / Interest Expense	-	-	-	-	-1.25T
EBITDA / Interest Expense	-	-	-	-	-922.46
(EBITDA - Capex) / Interest Expense	-	-	-	-	-1.07T
Total Debt / EBITDA	2.06	-1.41	-2.15	-1.2	-1.18
Net Debt / EBITDA	-3.78	8	9.41	6.23	0.36
Total Debt / (EBITDA - Capex)	2.21	-1.35	-1.59	-0.98	-1.02
Net Debt / (EBITDA - Capex)	-4.06	7.65	6.93	5.05	0.31
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-9.92	-26.01	-6.37	2.93	3.14
Gross Profit, 1 Yr. Growth %	-1.7	-33.63	-6.1	14.05	14.22
EBITDA, 1 Yr. Growth %	-1.46T	-311.61	-33.15	-4.61	-6.39
EBITA, 1 Yr. Growth %	-331	-405.98	-31.75	-2.69	-3.72
EBIT, 1 Yr. Growth %	-331	-405.98	-31.75	-2.69	-3.33
Earnings From Cont. Operations, 1 Yr. Growth %	156.97	554.55	-111.43	-8	-55.25
Net Income, 1 Yr. Growth %	156.97	554.55	-111.43	-8	-55.25
Normalized Net Income, 1 Yr. Growth %	-10.28T	2.93T	-103.33	-5.49	-18.49
Diluted EPS Before Extra, 1 Yr. Growth %	160	553.85	-112.09	-9.1	-55.72
Accounts Receivable, 1 Yr. Growth %	-17.59	-25.3	-12.41	-6.01	7.58
Inventory, 1 Yr. Growth %	46.26	-25.58	-30.35	9.2	-6
Net Property, Plant and Equip., 1 Yr. Growth %	20.89	-8.44	0.48	0.15	-5.45
Total Assets, 1 Yr. Growth %	13.79	28.08	-4.83	-0.04	-1.41
Tangible Book Value, 1 Yr. Growth %	15.95	38.61	-2.08	-1.72	-1.47
Common Equity, 1 Yr. Growth %	15.95	38.61	-2.08	-1.72	-1.47
Cash From Operations, 1 Yr. Growth %	-370.27	-1.24T	-101.77	12.79	-304.37
Capital Expenditures, 1 Yr. Growth %	-81.98	-8.98	369.07	6.27	-35.51
Levered Free Cash Flow, 1 Yr. Growth %	58.61	-241.15	-160.12	23.85	1.48T
Unlevered Free Cash Flow, 1 Yr. Growth %	58.61	-241.15	-160.12	23.85	1.48T
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.94	-18.13	-16.77	-1.83	3.03
Gross Profit, 2 Yr. CAGR %	8.1	-18.63	-21.05	3.49	14.14
EBITDA, 2 Yr. CAGR %	179.15	436.54	18.54	-0.27	-5.5
EBITA, 2 Yr. CAGR %	36.51	165.86	44.07	-0.12	-3.21
EBIT, 2 Yr. CAGR %	36.51	165.86	44.07	-0.12	-3.01
Earnings From Cont. Operations, 2 Yr. CAGR %	65.05	310.13	-13.42	-67.57	-35.84
Net Income, 2 Yr. CAGR %	65.05	310.13	-13.42	-67.57	-35.84
Normalized Net Income, 2 Yr. CAGR %	40.37	5.75T	0.52	-75.44	-12.23
Diluted EPS Before Extra, 2 Yr. CAGR %	43.79	312.31	-11.08	-66.85	-36.56
Accounts Receivable, 2 Yr. CAGR %	-10.73	-21.54	-19.11	-9.27	0.55
Inventory, 2 Yr. CAGR %	24.83	4.33	-28.01	-12.79	1.31
Net Property, Plant and Equip., 2 Yr. CAGR %	10.27	5.21	-4.08	0.32	-2.69
Total Assets, 2 Yr. CAGR %	15.18	20.73	11.43	-2.47	-0.73
Tangible Book Value, 2 Yr. CAGR %	22.38	26.78	17.14	-1.9	-1.6
Common Equity, 2 Yr. CAGR %	22.38	26.78	17.14	-1.9	-1.6
Cash From Operations, 2 Yr. CAGR %	-27.67	454.83	-55.04	-85.85	51.83
Capital Expenditures, 2 Yr. CAGR %	-49.5	-59.5	106.62	123.27	-17.21
Levered Free Cash Flow, 2 Yr. CAGR %	-36.98	49.63	-24.75	28.39	342.67
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.98	49.63	-24.75	28.39	342.66
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.93	-10.56	-14.39	-10.66	-0.2
Gross Profit, 3 Yr. CAGR %	-1	-7.67	-14.65	-10.75	6.95
EBITDA, 3 Yr. CAGR %	19.19	154.53	167.38	27.87	-2.35
EBITA, 3 Yr. CAGR %	48.35	78.65	68.62	44.76	-1.34
EBIT, 3 Yr. CAGR %	48.35	78.65	68.62	44.76	-1.2
Earnings From Cont. Operations, 3 Yr. CAGR %	60.64	161.25	24.43	-11.65	-63.9
Net Income, 3 Yr. CAGR %	60.64	161.25	24.43	-11.65	-63.9
Normalized Net Income, 3 Yr. CAGR %	48.43	304.77	384.99	22.34	-63.36
Diluted EPS Before Extra, 3 Yr. CAGR %	48.13	138.22	27.15	-10.42	-63.49
Accounts Receivable, 3 Yr. CAGR %	-20.36	-15.87	-18.61	-14.96	-3.97
Inventory, 3 Yr. CAGR %	8	5.06	-8.82	-17.28	-10.58
Net Property, Plant and Equip., 3 Yr. CAGR %	5.07	3.64	3.61	-2.69	-1.64
Total Assets, 3 Yr. CAGR %	8.84	19.33	12.22	7.47	-2.12
Tangible Book Value, 3 Yr. CAGR %	14.62	27.56	16.74	10.48	-1.76
Common Equity, 3 Yr. CAGR %	14.62	27.56	16.74	10.48	-1.76
Cash From Operations, 3 Yr. CAGR %	-12.59	81.29	-18.25	-38.91	-65.54
Capital Expenditures, 3 Yr. CAGR %	-16.79	-38.55	-8.37	65.55	47.59
Levered Free Cash Flow, 3 Yr. CAGR %	-14.76	-17.54	-3.52	15.79	196.56
Unlevered Free Cash Flow, 3 Yr. CAGR %	-14.76	-17.54	-3.52	15.79	196.55
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-6.05	-11.05	-10.9	-7.17	-7.8
Gross Profit, 5 Yr. CAGR %	-0.82	-7.43	-9.3	-3.36	-4.13
EBITDA, 5 Yr. CAGR %	42.85	73.24	18.93	74.74	92.78
EBITA, 5 Yr. CAGR %	5.06	49.94	46.62	41.4	46.5
EBIT, 5 Yr. CAGR %	5.06	49.94	46.62	41.4	46.61
Earnings From Cont. Operations, 5 Yr. CAGR %	5.65	19.47	25.45	13.44	-4.53
Net Income, 5 Yr. CAGR %	5.65	19.47	25.45	13.44	-4.53
Normalized Net Income, 5 Yr. CAGR %	5.31	142.16	29.67	31.97	178.82
Diluted EPS Before Extra, 5 Yr. CAGR %	-0.08	12.97	20.77	8.24	-3.72
Accounts Receivable, 5 Yr. CAGR %	-14.03	-21.78	-19.86	-13.29	-11.42
Inventory, 5 Yr. CAGR %	0.68	0.91	-8.17	-2.48	-4.89
Net Property, Plant and Equip., 5 Yr. CAGR %	25.22	-1.28	1.31	2.3	1.04
Total Assets, 5 Yr. CAGR %	5.04	10.99	9.87	10.49	6.85
Tangible Book Value, 5 Yr. CAGR %	5.25	17.24	15.62	15.09	9.03
Common Equity, 5 Yr. CAGR %	5.25	17.24	15.62	15.09	9.03
Cash From Operations, 5 Yr. CAGR %	32.11	59.77	-33	-34.64	4.72
Capital Expenditures, 5 Yr. CAGR %	-23.15	-17.05	19.72	2.96	-12.01
Levered Free Cash Flow, 5 Yr. CAGR %	18.35	-5.25	-18.91	-9.22	108.03
Unlevered Free Cash Flow, 5 Yr. CAGR %	18.31	-5.29	-18.91	-9.22	108.03