Turtle Beach Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12.26	13	18.73	11.4	37.72	46.68
Cash & Short-Term Investments	12.26	13	18.73	11.4	37.72	46.68
Cash Growth	-11.20%	-30.61%	64.32%	-69.79%	-19.20%	465.90%
Receivables	56.75	93.12	54.39	43.34	35.95	43.87
Inventory	94.96	71.25	44.02	71.25	101.93	71.3
Prepaid Expenses	14.38	11.01	7.72	9.2	17.51	8.13
Total Current Assets	178.36	188.37	124.86	135.18	193.11	169.98
Property, Plant & Equipment	3.84	13.99	4.82	6.36	6.96	6.58
Goodwill	50.43	52.94	10.69	10.69	10.69	8.18
Other Intangible Assets	36.35	42.4	1.73	2.61	5.79	5.14
Long-Term Deferred Tax Assets	-	-	-	-	5.9	6.95
Other Long-Term Assets	9.23	1.16	7.87	8.55	8.07	6.64
Total Assets	278.21	298.86	149.97	163.39	230.51	203.45
Accounts Payable	46.92	34.84	26.91	19.85	40.48	42.53
Accrued Expenses	19.91	29.24	24.22	21.27	34.23	29.34
Short-Term Debt	33.49	49.41	-	19.05	-	-
Current Portion of Long-Term Debt	8.57	1.25	-	-	-	-
Current Portion of Leases	-	1.81	-	-	-	-
Current Income Taxes Payable	2.67	7.12	5.21	4.16	3.46	5.74
Other Current Liabilities	-	-	-	-	-	1.04
Total Current Liabilities	111.55	123.67	56.33	64.33	78.17	78.65
Long-Term Debt	48.4	45.62	-	-	-	-
Long-Term Leases	6.22	7.1	-	-	-	-
Other Long-Term Liabilities	1.38	1.87	8.56	10.11	10.97	8.4
Total Liabilities	167.56	178.26	64.89	74.45	89.14	87.05
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	229.17	239.98	220.19	206.92	198.28	190.57
Retained Earnings	-119.97	-118.09	-134.28	-116.6	-57.05	-74.77
Comprehensive Income & Other	1.43	-1.31	-0.85	-1.39	0.13	0.59
Total Common Equity	110.65	120.6	85.08	88.94	141.37	116.4
Shareholders' Equity	110.65	120.6	85.08	88.94	141.37	116.4
Total Liabilities & Equity	278.21	298.86	149.97	163.39	230.51	203.45
Total Debt	96.68	105.19	-	19.05	-	-
Net Cash (Debt)	-84.43	-92.2	18.73	-7.66	37.72	46.68
Net Cash Growth	-	-	-	-	-19.20%	-
Net Cash Per Share	-4.00	-4.43	1.09	-0.47	2.07	2.85
Filing Date Shares Outstanding	19.31	19.97	17.61	16.58	16.17	15.48
Total Common Shares Outstanding	19.31	19.96	17.53	16.57	16.17	15.48
Working Capital	66.8	64.7	68.52	70.85	114.94	91.33
Book Value Per Share	5.73	6.04	4.85	5.37	8.74	7.52
Tangible Book Value	23.87	25.26	72.66	75.64	124.9	103.08
Tangible Book Value Per Share	1.24	1.27	4.14	4.57	7.72	6.66
Machinery	12.6	18.5	15.55	13.99	11.37	9.89
Leasehold Improvements	1.18	2.32	1.99	2.05	1.79	1.83

Source: S&P Global Market Intelligence. Standard template. Financial Sources.