Turtle Beach Corporation (TBCH)

Turtle Beach Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11.71	13	18.73	11.4	37.72	46.68
Cash & Short-Term Investments	11.71	13	18.73	11.4	37.72	46.68
Cash Growth	-6.07%	-30.61%	64.32%	-69.79%	-19.20%	465.90%
Receivables	36.43	93.12	54.39	43.34	35.95	43.87
Inventory	76.81	71.25	44.02	71.25	101.93	71.3
Prepaid Expenses	13.09	11.01	7.72	9.2	17.51	8.13
Total Current Assets	138.03	188.37	124.86	135.18	193.11	169.98
Property, Plant & Equipment	4.78	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	38.37	42.4	1.73	2.61	5.79	5.14
Long-Term Deferred Tax Assets	-	-	-	-	5.9	6.95
Other Long-Term Assets	8.57	1.16	7.87	8.55	8.07	6.64
Total Assets	240.18	298.86	149.97	163.39	230.51	203.45
Accounts Payable	34.48	34.84	26.91	19.85	40.48	42.53
Accrued Expenses	17.33	29.24	24.22	21.27	34.23	29.34
Short-Term Debt	19.94	49.41	-	19.05	-	-
Current Portion of Long-Term Debt	1.67	1.25	-	-	-	-
Current Portion of Leases	-	1.81	-	-	-	-
Current Income Taxes Payable	1.84	7.12	5.21	4.16	3.46	5.74
Other Current Liabilities	-	-	-	-	-	1.04
Total Current Liabilities	75.26	123.67	56.33	64.33	78.17	78.65
Long-Term Debt	40.05	45.62	-	-	-	-
Long-Term Leases	6.67	7.1	-	-	-	-
Other Long-Term Liabilities	1.37	1.87	8.56	10.11	10.97	8.4
Total Liabilities	123.35	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	236.26	239.98	220.19	206.92	198.28	190.57
Retained Earnings	-121.69	-118.09	-134.28	-116.6	-57.05	-74.77
Comprehensive Income & Other	2.25	-1.31	-0.85	-1.39	0.13	0.59
Total Common Equity	116.84	120.6	85.08	88.94	141.37	116.4
Shareholders' Equity	116.84	120.6	85.08	88.94	141.37	116.4
Total Liabilities & Equity	240.18	298.86	149.97	163.39	230.51	203.45
Total Debt	68.33	105.19	-	19.05	-	-
Net Cash (Debt)	-56.62	-92.2	18.73	-7.66	37.72	46.68
Net Cash Growth	-	-	-	-	-19.20%	-
Net Cash Per Share	-2.67	-4.43	1.09	-0.47	2.07	2.85
Filing Date Shares Outstanding	19.81	19.97	17.61	16.58	16.17	15.48
Total Common Shares Outstanding	19.82	19.96	17.53	16.57	16.17	15.48
Working Capital	62.78	64.7	68.52	70.85	114.94	91.33
Book Value Per Share	5.89	6.04	4.85	5.37	8.74	7.52
Tangible Book Value	28.04	25.26	72.66	75.64	124.9	103.08
Tangible Book Value Per Share	1.41	1.27	4.14	4.57	7.72	6.66
Machinery	18.37	18.5	15.55	13.99	11.37	9.89
Leasehold Improvements	2.43	2.32	1.99	2.05	1.79	1.83

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q