A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
CLEARONE INC
CLRO
$9M
Mkt Cap
$5.34
-3.61%
CLEARONE INC (CLRO) has a 5-year average return on invested capital (ROIC) of -2.9%. This is below average and may indicate limited pricing power.
CLEARONE INC (CLRO) has a market capitalization of $12M. It is classified as a small-cap stock.
Yes, CLEARONE INC (CLRO) pays a dividend with a trailing twelve-month yield of 167.72%.
CLEARONE INC (CLRO) operates in the Telephone & Telegraph Apparatus industry, within the Industrials sector.
CLEARONE INC (CLRO) reported annual revenue of $11 million in its most recent fiscal year, based on SEC EDGAR filings.
CLEARONE INC (CLRO) has a net profit margin of -78.9%. The company is currently unprofitable.
CLEARONE INC (CLRO) generated $-6 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
ClearOne, Inc. (the Company) was incorporated in Utah in 1983 and reincorporated in Delaware on October 25, 2018. The Company is headquartered in Salt Lake City, Utah. The Company has other locations in Gainesville, Florida; Zaragoza, Spain; Chennai, India; and Dubai, United Arab Emirates. We compete in a global market with our conferencing, collaboration, and network streaming solutions. We design, develop and sell conferencing, collaboration and network streaming solutions for voice and visual communications. The performance and simplicity of our advanced comprehensive solutions offer unprecedented levels of functionality, reliability and scalability. Our comprehensive line of high-quality conferencing and collaboration products are targeted for large, medium and small businesses, as well as for personal use.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 11M | 19M | 25M | 29M | 29M |
| Net Income | -26M | -9.0M | -560K | 21M | -7.7M | 505K |
| EPS | $-12.87 | $-5.55 | $-0.30 | $12.45 | $-5.85 | $0.45 |
| Free Cash Flow | 0 | -6.3M | 54M | -4.2M | -4.6M | -1.3M |
| ROIC | -168.1% | -27.2% | -1.3% | 27.7% | -14.5% | 1.0% |
| Gross Margin | - | 23.1% | 34.0% | 37.5% | 41.1% | 43.2% |
| Debt/Equity | 0.00 | 0.02 | 0.01 | 0.06 | 0.12 | 0.11 |
| Dividends/Share | $0.00 | $8.96 | $15.52 | $0.00 | - | - |
| Operating Income | -4.4M | -9.2M | -6.8M | -7.2M | -7.5M | -5.6M |
| Operating Margin | 0.0% | -80.9% | -36.2% | -28.7% | -25.9% | -19.2% |
| ROE | 0.0% | -27.2% | -1.3% | 27.7% | -14.9% | 1.0% |
| Shares Outstanding | 2M | 2M | 2M | 2M | 1M | 1M |
| Metric | 2018 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 50M | 58M | 58M | 49M | 42M | 28M | 25M | 29M | 29M | 25M | 19M | 11M | 0 |
| Gross Margin | 60.2% | 61.0% | 63.5% | 60.6% | 57.4% | 47.5% | 44.7% | 43.2% | 41.1% | 37.5% | 34.0% | 23.1% | N/A |
| R&D | 7.6M | 9.0M | 8.3M | 8.6M | 9.3M | 7.8M | 5.8M | 5.5M | 5.8M | 4.4M | 3.7M | 3.3M | 3.3M |
| SG&A | 6.4M | 7.2M | 7.5M | 7.3M | 7.2M | 6.0M | 6.0M | 5.9M | 6.9M | 6.8M | 4.6M | 4.0M | 2.5M |
| EBIT | 7.6M | 8.0M | 10M | 3.6M | -16M | -10M | -8.6M | -5.6M | -7.5M | -7.2M | -6.8M | -9.2M | -4.4M |
| Op. Margin | 15.4% | 13.8% | 17.8% | 7.3% | -38.7% | -36.7% | -34.2% | -19.2% | -25.9% | -28.7% | -36.2% | -80.9% | 0.0% |
| Net Income | 5.2M | 5.6M | 6.8M | 2.4M | -14M | -17M | -8.4M | 505K | -7.7M | 21M | -560K | -9.0M | -26M |
| Net Margin | 10.4% | 9.7% | 11.7% | 5.0% | -33.9% | -59.3% | -33.6% | 1.7% | -26.6% | 81.6% | -3.0% | -78.9% | 0.0% |
| Non-Recurring | 947K | 946K | 489K | 599K | 13M | 0 | 891K | 1.5M | 850K | 120K | 281K | 1.1M | 1.1M |
| Returns on Capital | |||||||||||||
| ROIC | 16.6% | 9.7% | 10.7% | 3.7% | -21.1% | -32.0% | -18.0% | 1.0% | -14.5% | 27.7% | -1.3% | -27.2% | -168.1% |
| ROE | 7.6% | 7.6% | 8.5% | 3.1% | -21.1% | -32.0% | -18.9% | 1.0% | -14.9% | 27.7% | -1.3% | -27.2% | 0.0% |
| ROA | 6.0% | 6.6% | 7.4% | 2.7% | -18.2% | -28.3% | -15.3% | 0.8% | -11.6% | 24.5% | -1.1% | -23.3% | -1134.6% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -10.0M | 6.7M | 7.6M | 7.8M | -9.3M | -6.6M | -4.7M | -982K | -4.4M | -4.2M | 55M | -6.1M | -15M |
| Free Cash Flow | -11M | 6.1M | 7.2M | 7.1M | -9.9M | -7.0M | -4.9M | -1.3M | -4.6M | -4.2M | 54M | -6.3M | 0 |
| Owner Earnings | -11M | 4.3M | 4.7M | 5.3M | -11M | -8.7M | -6.8M | -3.4M | -7.4M | -7.3M | 54M | -6.7M | -15M |
| CapEx | 1.0M | 642K | 359K | 730K | 638K | 336K | 205K | 284K | 221K | 51K | 375K | 196K | 0 |
| Maint. CapEx | 780K | 2.0M | 2.1M | 1.9M | 1.5M | 1.6M | 1.9M | 2.3M | 2.9M | 3.0M | 941K | 485K | 485K |
| Growth CapEx | 260K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 780K | 2.0M | 2.1M | 1.9M | 1.5M | 1.6M | 1.9M | 2.3M | 2.9M | 3.0M | 941K | 485K | 485K |
| CapEx/OCF | N/A | 9.6% | 4.7% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.7% | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 914K | 1.4M | 1.8M | 2.2M | 583K | 583K | 0 | 0 | 0 | 29M | 14M | 0 |
| Dividend Yield | N/A | 1.4% | 1.7% | N/A | 3.7% | 3.7% | N/A | N/A | N/A | N/A | 178.6% | 83.1% | N/A |
| Share Buybacks | 2.4M | 2.6M | 0 | 6.1M | 5.1M | 147K | 147K | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 8.1% | 7.7% | N/A | 0.0% | 17.8% | 3.6% | 0.0% | 0.0% | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 296K | 401K | 848K | 667K | 665K | 463K | 217K | 63K | 136K | 113K | 109K | 98K | 79K |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.1M | 720K | 3.9M | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | N/A | N/A | N/A | N/A | N/A | -9.1M | -2.8M | 486K | 3.2M | 3.2M | -21M | -903K | 2.8M |
| Cash & Equiv. | 17M | 7.4M | 13M | 12M | 5.6M | 11M | 4.1M | 3.8M | 1.1M | 984K | 18M | 1.4M | 220K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | 2.2M | 3.2M | 1.5M | 0 | 0 | N/A | 3.0M |
| Debt/Equity | 0.15 | 0.17 | 0.13 | 0.14 | 0.20 | 0.06 | 0.10 | 0.11 | 0.12 | 0.06 | 0.01 | 0.02 | 0.00 |
| Interest Coverage | N/A | 2658.3 | N/A | N/A | N/A | N/A | -329.3 | -12.8 | -14.6 | -17.2 | -12.6 | -40.4 | -40.4 |
| Equity | 70M | 76M | 83M | 77M | 57M | 52M | 44M | 50M | 52M | 74M | 45M | 21M | -714K |
| Total Assets | 81M | 89M | 94M | 88M | 68M | 59M | 55M | 62M | 66M | 84M | 51M | 27M | 2.3M |
| Total Liabilities | 11M | 13M | 11M | 11M | 11M | 6.7M | 11M | 13M | 15M | 9.6M | 6.0M | 5.2M | 3.0M |
| Intangibles | 3.7M | 7.9M | 6.6M | 5.7M | 6.5M | 10M | 14M | 19M | 25M | 2.1M | 1.7M | 1.5M | 0 |
| Retained Earnings | 29M | 31M | 36M | 31M | 9.2M | -5.5M | -14M | -13M | -21M | -516K | -1.1M | -10M | -36M |
| Working Capital | 39M | 30M | 37M | 31M | 23M | 28M | 19M | 22M | 18M | 69M | 39M | 15M | 209K |
| Current Assets | 48M | 41M | 46M | 40M | 34M | 34M | 25M | 29M | 29M | 77M | 43M | 19M | 1.7M |
| Current Liabilities | 8.6M | 11M | 9.6M | 9.3M | 11M | 6.0M | 6.2M | 7.1M | 11M | 8.1M | 4.3M | 3.5M | 1.5M |
| Per Share Data | |||||||||||||
| EPS | 4.13 | 4.35 | 5.33 | 1.95 | -12.38 | -28.05 | -7.65 | 0.45 | -5.85 | 12.45 | -0.30 | -5.55 | -12.87 |
| Owner EPS | -8.78 | 3.37 | 3.68 | 4.22 | -10.01 | -14.58 | -6.18 | -2.99 | -5.62 | -4.40 | 28.70 | -4.14 | -6.76 |
| Book Value | 56.02 | 59.09 | 64.89 | 61.79 | 49.39 | 87.75 | 40.47 | 44.39 | 39.16 | 44.90 | 23.94 | 13.18 | -0.32 |
| Cash Flow/Share | -7.93 | 5.22 | 5.97 | 6.25 | -8.10 | -11.13 | -4.24 | -0.88 | -3.34 | -2.53 | 29.27 | -3.78 | -11.44 |
| Dividends/Share | 0.00 | 0.75 | 1.16 | 1.50 | 1.96 | 1.05 | 1.05 | N/A | N/A | 0.00 | 15.52 | 8.96 | 0.00 |
| Shares Out. | 1.3M | 1.3M | 1.3M | 1.3M | 1.1M | 0.6M | 1.1M | 1.1M | 1.3M | 1.7M | 1.9M | 1.6M | 2.2M |
| Valuation | |||||||||||||
| P/E Ratio | 5.7 | 6.1 | 6.6 | N/A | N/A | N/A | N/A | N/A | N/A | 0.7 | N/A | N/A | -0.4 |
| P/FCF | N/A | 11.2 | 12.3 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.4 | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | 0.4 | 0.4 | 0.5 | N/A | 0.5 | 0.1 | N/A | N/A | 0.2 | 0.2 | 0.5 | 0.7 | N/A |
| Price/Sales | 0.5 | 0.6 | 0.7 | N/A | 0.7 | 0.6 | N/A | N/A | 0.6 | 0.3 | 0.9 | 1.5 | N/A |
| FCF Yield | -36.9% | 17.9% | 16.2% | N/A | -34.4% | -168.8% | N/A | N/A | -45.7% | -29.8% | 264.2% | -42.6% | N/A |
| Market Cap | 30M | 34M | 45M | 0 | 29M | 4.1M | 0 | 0 | 10M | 14M | 21M | 15M | 12M |
| Avg. Price | 42.93 | 51.31 | 64.15 | 0.00 | 52.87 | 26.48 | 0.00 | 0.00 | 14.31 | 4.52 | 8.69 | 10.77 | 5.34 |
| Year-End Price | 47.39 | 52.66 | 70.00 | 0.00 | 50.35 | 6.93 | 0.00 | 0.00 | 7.68 | 8.60 | 11.00 | 9.15 | 5.34 |
CLEARONE INC passes 3 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 35.8%. Total shareholder yield (dividends) is 167.7%. At current prices, the estimated annualized return to fair value is +3.9%.
CLEARONE INC (CLRO) has a debt-to-equity ratio of 0.02. This indicates a conservatively financed balance sheet.
CLEARONE INC (CLRO) reported earnings per share (EPS) of $-5.55 in its most recent fiscal year.
CLEARONE INC (CLRO) has a return on equity (ROE) of -27.2%. A negative ROE may indicate losses or negative equity.
CLEARONE INC (CLRO) has a 5-year average gross margin of 35.8%. This indicates decent pricing power.
The Ledger Terminal provides 15 years of financial data for CLEARONE INC (CLRO), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
CLEARONE INC (CLRO) has a book value per share of $13.18, based on its most recent annual SEC filing.