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VOXX Price Correlated With Financials For VOXX International

Free historical financial statements for VOXX International Corp.. See how revenue, income, cash flow, and balance sheet financials have changed over 41 quarters since 2012. Compare with VOXX stock chart to see long term trends.

VOXX Stock Compared to Quarterly

VOXX Income Statement

Revenue, Net:128732000
Revenue Per Share:5.2732
Cost of Goods & Services Sold:95493000
Gross Profit:33239000
Selling, General & Admin Expense:19130000
Research & Development Expense:2569000
Total Operating Expenses:39940000
Operating Income:-8939000
Income Taxes:-1092000
Net Income:-7847000
Earnings Per Share, Basic:-0.27
Shares Outstanding, Basic Avg:24412462

VOXX Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:3117000
Change in Accounts Receiveable:-22105000
Net Cash from Operations:-22267000
Net Cash from Operations Per Share:-0.9121
Net Cash from Financing Activities:-838000
Property, Plant & Equipment Purchases:1383000
Net Cash from Investing Activities:-1383000
Net Change in Cash & Equivalents:-22055000

VOXX Balance Sheet

Cash and Cash Equivalents:5733000
Accounts Receivable, Net:82645000
Inventories:181187000
Total Current Assets:290133000
Property, Plant & Equipment, Net:49813000
Total Assets:541097000
Accounts Payable:54113000
Current Portion of Long-Term Debt:500000
Total Short-Term Liabilities:168157000
Long Term Debt, Non-Current Portion:15842000
Total Liabilities:204558000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Kahli Beat   Director and 10% Owner
10,000 sh at $9
$93,000
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $9
$90,600
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $9
$90,900
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $9
$92,300
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $9
$90,700
Buy
Kahli Beat   Director and 10% Owner
9,130 sh at $9
$82,535
Buy
Kahli Beat   Director and 10% Owner
10,870 sh at $10
$105,765
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $10
$95,200
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $10
$95,100
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $9
$89,500
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $9
$88,800
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $8
$83,200
Buy
LAVELLE PATRICK M   President & CEO
10,000 sh at $8
$81,204
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $8
$80,400
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $8
$82,500
Buy
Kahli Beat   Director and 10% Owner
15,534 sh at $9
$133,282
Buy
Kahli Beat   Director and 10% Owner
29,466 sh at $8
$233,076
Buy
Kahli Beat   Director and 10% Owner
35,000 sh at $7
$257,600
Buy
LAVELLE PATRICK M   President & CEO
15,200 sh at $6
$95,967
Buy
Kahli Beat   Director and 10% Owner
50,000 sh at $7
$352,500
Buy
Kahli Beat   Director and 10% Owner
40,000 sh at $7
$263,600
Buy
LAVELLE PATRICK M   President & CEO
40,000 sh at $6
$256,892
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $9
$93,300
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $9
$47,450
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $9
$47,450
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $9
$46,150
Buy
LAVELLE PATRICK M   President & CEO
1,000 sh at $8
$8,250
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $9
$43,650
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $9
$44,800
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $8
$42,100
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $8
$41,150
Buy
LAVELLE PATRICK M   President & CEO
3,000 sh at $8
$23,700
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $8
$41,250
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $8
$41,000
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $8
$41,950
Buy
LAVELLE PATRICK M   President & CEO
2,000 sh at $8
$16,470
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $9
$43,000
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $9
$43,650
Buy
Kahli Beat   Director and 10% Owner
20,606 sh at $9
$184,630
Buy
LAVELLE PATRICK M   President & CEO
1,000 sh at $9
$9,000
Buy
Kahli Beat   Director and 10% Owner
4,394 sh at $9
$39,546
Buy
Kahli Beat   Director and 10% Owner
6,783 sh at $9
$61,793
Buy
Kahli Beat   Director and 10% Owner
3,217 sh at $8
$27,119
Buy
Kahli Beat   Director and 10% Owner
3,217 sh at $8
$27,119
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $8
$42,100
Buy
Kahli Beat   Director and 10% Owner
5,000 sh at $8
$41,050
Buy
Kahli Beat   Director and 10% Owner
9,999 sh at $8
$82,392
Buy
LAVELLE PATRICK M   President & CEO
4,000 sh at $8
$33,135
Buy
LAVELLE PATRICK M   President & CEO
2,000 sh at $8
$15,990
Buy
LAVELLE PATRICK M   President & CEO
2,000 sh at $7
$14,880
Buy
LAVELLE PATRICK M   President & CEO
2,000 sh at $7
$14,325
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $8
$82,800
Buy
Kahli Beat   Director and 10% Owner
10,000 sh at $8
$83,600
Buy
Kahli Beat   Director and 10% Owner
8,701 sh at $8
$72,740
Buy
Kahli Beat   Director and 10% Owner
7,481 sh at $8
$59,773
Buy
Kahli Beat   Director and 10% Owner
18,819 sh at $8
$143,965
Buy
Kahli Beat   Director and 10% Owner
20,145 sh at $7
$149,274
Buy
Kahli Beat   Director and 10% Owner
19,855 sh at $7
$148,714
Buy
Kahli Beat   Director and 10% Owner
20,000 sh at $7
$145,200
Buy
Kahli Beat   Director and 10% Owner
20,000 sh at $7
$144,400
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Kahn Brothers Group Inc /De/
2,326,470 sh
303,411 sh
15%
$23,194,854
$2,620,344
Dimensional Fund Advisors LP
1,373,262 sh
2,109 sh
0%
$13,691
-$254
Blackrock Inc.
1,026,339 sh
-34,034 sh
-3%
$10,233
-$552
Vanguard Group Inc
851,516 sh
73,945 sh
10%
$8,490
$582
Renaissance Technologies LLC
663,822 sh
-21,800 sh
-3%
$6,618
-$355
Geode Capital Management, LLC
284,944 sh
7,040 sh
3%
$2,840
$14
Morgan Stanley
214,718 sh
-18,290 sh
-8%
$2,140
-$229
Moors & Cabot, Inc.
191,900 sh
8,000 sh
4%
$1,913
$43
Essex Investment Management Co LLC
184,170 sh
8,535 sh
5%
$1,836
$50
Northern Trust Corp
137,541 sh
-6,246 sh
-4%
$1,371
-$92
Ancora Advisors, LLC
112,312 sh
 
$1,120
Panagora Asset Management Inc
110,473 sh
3,553 sh
3%
$1,101
$14
Bank Of New York Mellon Corp
84,051 sh
1,150 sh
1%
$838
-$5
Strs Ohio
64,500 sh
55,200 sh
594%
$643
$549
Ancora Advisors, LLC
64,346 sh
-47,966 sh
-43%
$1,226
$84
Prudential Financial Inc
64,190 sh
13,700 sh
27%
$640
$127
Invesco Ltd.
45,554 sh
15,372 sh
51%
$454
$147
GMO Grantham, Mayo, Van Otterloo LLC
40,800 sh
40,800 sh
NEW
$407
$407
Charles Schwab Investment Management Inc
39,600 sh
1,078 sh
3%
$395
$3
Clifford Capital Partners LLC
34,939 sh
34,939 sh
NEW
$348
$348
COMPANY PROFILE
1)

Description of Business and Summary of Significant Accounting Policies

a)

Description of Business

VOXX International Corporation ("Voxx," "We," "Our," "Us" or the “Company") is a leading international manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics 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 nineteen 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"), Premium Audio Company LLC ("Klipsch"), Omega Research and Development, LLC ("Omega"), Voxx Automotive Corp., Audiovox Websales LLC, VSM-Rostra LLC (“VSM”), VOXX DEI LLC, and VOXX DEI Canada LLC (collectively, with VOXX DEI LLC, “DEI”), as well as a majority-owned subsidiary, EyeLock LLC ("EyeLock"). We market our products under the Audiovox® brand name, other brand names and licensed brands, such as 808®, Acoustic Research®, Advent®, Avital®, Car Link®, Chapman®, Clifford®, Code-Alarm®, Crimestopper ™, Discwasher®, Energy®, Heco®, Invision®, Jamo®, Klipsch®, Mac Audio ™, Magnat®, Mirage®, myris®, Oehlbach®, Omega®, Prestige®, Project Nursery®, Python®, RCA®, RCA Accessories®, Rosen®, Rostra®, Schwaiger®, Smart Start®, Terk®, Vehicle Safety Automotive, Viper®, 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 and Onkyo and Pioneer products in North America.
The Company's fiscal year ends on the last day of February.

b)

Principles of Consolidation, Reclassifications and Accounting Principles

The consolidated financial statements and accompanying notes include the financial statements of VOXX International Corporation and its wholly and majority-owned subsidiaries and have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”), as defined in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 270, and in accordance with accounting principles generally accepted in the United States of America (“GAAP”). All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts in the prior years have been reclassified to conform to the current year presentation. During the year ended February 28, 2021, as a result of the acquisition of certain assets of Directed LLC and Directed Electronics Canada Inc. and the increase in web-based sales, the Company reviewed its operating and non-operating expenses to determine whether amounts reported were in line with industry practice. As a result of this review, the Company determined it is appropriate to present credit card fees within Selling expenses. These fees, which are not material to the Company’s consolidated financial statements, were previously presented within Other (expense) income during the years ended February 29, 2020 and February 28, 2019 and have been reclassified.
The Company follows FASB ASC 810-10-45-21 to report a non-controlling interest in the consolidated balance sheets within the equity section, separately from the Company’s retained earnings. Non-controlling interest represents the non-controlling interest holder’s proportionate

share of the equ

Data imported from VOXX International Corp. SEC filings. Check original filings before making any investment decision.