Koss Corporation
Description
Koss Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of stereo headphones and related accessories in the United States, Sweden, the Czech Republic, Ukraine, Korea, Georgia, Canada, and internationally. The company offers high-fidelity headphones, wireless bluetooth headphones, wireless bluetooth speakers, computer headsets, telecommunications headsets, and active noise canceling headphones. It sells its products through distributors, international distributors, audio specialty stores, the internet, national retailers, grocery stores, electronics retailers, and prisons under the Koss name, as well as private label. Koss Corporation sells its products to distributors for resale to school systems, as well as directly to other manufacturers. The company markets through domestic retail outlets and numerous retailers. It also exports its products. Koss Corporation was founded in 1953 and is based in Milwaukee, Wisconsin.
About
CEO
Mr. Michael J. Koss
Employees
28
Instrument type
Common Stock
Sector
Technology
Industry
Consumer Electronics
MIC code
XNCM
Address
4129 North Port Washington Avenue, Milwaukee, WI 53212, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 29, 2025 | — | — | — | — |
| Aug 28, 2025 | — | — | — | — |
| May 7, 2025 | — | — | — | — |
| Jan 26, 2023 | — | -0.12 | — | — |
| Oct 28, 2022 | — | 1.01 | — | — |
Earnings estimate
| Number of analysts | — | — | — | — |
|---|---|---|---|---|
| Average estimate | — | — | — | — |
| Low estimate | — | — | — | — |
| High estimate | — | — | — | — |
| Last year EPS | — | — | — | — |
[stock_revenue_estimate]
Growth estimates
Current qtr
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Next qtr.
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Current year
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Next year
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Next 5 years (per annum)
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Past 5 years (per annum)
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Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total reported revenue | 12.27M | 13.10M | 17.71M | 19.55M | 18.31M |
| Cost of revenue | 8.08M | 8.64M | 10.99M | 12.81M | 12.65M |
| Gross profit | 4.19M | 4.46M | 6.72M | 6.73M | 5.66M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 6.06M | 29.34M | 5.81M | 7.12M | 6.15M |
| Other operating expenses | — | — | — | — | — |
| Operating income | -1.87M | -24.88M | 902,023 | -390,492 | -484,042 |
| Non operating interest income | |||||
| Income | 847,644 | 520,809 | 11,513 | 2,706 | 20,185 |
| Expense | — | — | — | — | — |
| Other income expense | — | 33.00M | 362,390 | 885,505 | — |
| Pretax income | -1.02M | 8.64M | 1.28M | 497,719 | -463,857 |
| Tax provision | -73,604 | 317,377 | 7,517 | 4,125 | 1,740 |
| Net income | -950,911 | 8.32M | 1.27M | 493,594 | -465,597 |
| Basic EPS | -0.10 | 0.90 | 0.14 | 0.06 | -0.06 |
| Diluted EPS | -0.10 | 0.85 | 0.13 | 0.05 | -0.06 |
| Basic average shares | 9.25M | 9.19M | 9.07M | 7.86M | 7.40M |
| Diluted average shares | 9.25M | 9.19M | 9.07M | 7.86M | 7.40M |
| EBITDA | -1.68M | -24.65M | 1.20M | -87,876 | -153,413 |
| Net income from continuing op. | -950,911 | 8.32M | 1.27M | 493,594 | -465,597 |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total assets | 37.20M | 39.09M | 29.96M | 26.32M | 22.58M |
| Current assets | |||||
| Cash | — | 3.09M | 9.21M | 6.95M | 4.00M |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 2.84M | 3.09M | 9.21M | 6.95M | 4.00M |
| Other short term investments | 12.10M | 17.06M | — | — | — |
| Accounts receivable | 1.21M | 1.38M | 1.85M | 2.24M | 2.32M |
| Other receivables | — | — | — | — | — |
| Inventory | 4.47M | 6.42M | 8.63M | 5.90M | 5.54M |
| Prepaid assets | — | — | 188,478 | 456,004 | 267,647 |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 1.08M | 1.00M | 188,478 | 456,004 | 267,647 |
| Non current assets | |||||
| Properties | 6.53M | 7.52M | 7.75M | 6.71M | 6.89M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 1.15M | 1.15M | 1.14M | 1.77M | 1.61M |
| Construction in progress | 359,990 | 256,038 | 235,749 | 276,054 | 327,348 |
| Leases | 3.17M | 2.86M | 2.95M | 3.07M | 2.68M |
| Accumulated depreciation | -7.23M | -7.83M | -7.74M | -8.25M | -7.95M |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 4.99M | — | — | — | — |
| Other non current assets | 6.30M | 6.02M | 5.74M | 7.19M | 6.88M |
| Total liabilities | 6.05M | 7.28M | 7.26M | 6.75M | 7.42M |
| Current liabilities | |||||
| Accounts payable | 329,829 | 267,513 | 796,163 | 398,433 | 827,705 |
| Accrued expenses | 209,719 | 535,246 | 254,565 | 230,090 | 174,567 |
| Short term debt | 239,688 | 236,225 | 223,530 | 288,949 | 783,647 |
| Deferred revenue | 323,348 | 732,092 | 574,406 | 845,640 | 590,002 |
| Tax payable | 35,899 | 458,746 | 6,118 | 4,543 | — |
| Pensions | 72,240 | 76,323 | 75,101 | 83,463 | 80,399 |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 2.54M | 2.79M | 3.02M | 2.02M | 2.31M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 46,499 | 46,174 | 45,739 | 43,044 | 37,024 |
| Retained earnings | 17.70M | 18.65M | 10.00M | 8.73M | 8.24M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 31.15M | 31.81M | 22.70M | 19.58M | 15.16M |
| Additional paid in capital | 13.40M | 13.11M | 12.65M | 10.80M | 6.88M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | -950,911 | 8.32M | 1.27M | 493,594 | -465,597 | 305,989 | -3.41M | -963,636 | 1.39M | 482,613 | -5.55M | 5.43M | 2.94M | — | -3.57M | -257,158 | 4.49M | 5.16M | 6.22M | 4.49M | 5.37M | 4.17M | 4.59M | 5.69M | 4.95M | 4.30M | 5.50M | 3.60M | 2.40M | 2.10M | 2.80M | 2.80M | 700,000 | 400,000 | 400,000 | 1.60M |
| Depreciation | 192,272 | 230,292 | 293,465 | 302,616 | 330,629 | 429,750 | 526,261 | 503,585 | 487,134 | 559,631 | 1.10M | 2.40M | 844,223 | 564,614 | 635,172 | 728,054 | 961,605 | 973,802 | 955,166 | 1.10M | 660,805 | 584,761 | 576,892 | 600,819 | 663,422 | 600,000 | 700,000 | 700,000 | 800,000 | 800,000 | 700,000 | 800,000 | 700,000 | 700,000 | 600,000 | 500,000 |
| Deferred Taxes | — | — | — | — | 13,276 | -13,276 | 3.04M | 170,299 | 702,013 | 284,783 | -2.61M | 729,720 | 341,284 | 1.45M | 4.24M | 214,542 | -302,121 | 489,643 | -864,999 | -61,875 | 91,504 | 24,000 | -329,000 | 229,000 | -294,027 | 100,000 | 100,000 | -100,000 | -600,000 | -200,000 | -100,000 | — | — | -100,000 | — | -100,000 |
| Stock-Based Compensation | 155,834 | 289,676 | 463,633 | 619,137 | 549,594 | 515,681 | 331,560 | 349,754 | 444,175 | 630,539 | 684,554 | 583,069 | 480,623 | 442,998 | 435,121 | 442,660 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -189,694 | -179,021 | -946,910 | -714,816 | -194,083 | -72,019 | -218,224 | -223,896 | -177,740 | -150,312 | -120,627 | -51,972 | -116,081 | 4.28M | -3.57M | -2.57M | 351,684 | 154,725 | 1.13M | 131,224 | — | — | — | — | — | 100,000 | — | -100,000 | -100,000 | — | — | — | 100,000 | — | 100,000 | 100,000 |
| Accounts Receivable | 101,169 | 328,137 | 429,470 | 100,127 | 1.31M | 1.02M | -772,891 | 151,878 | -1.11M | 1.21M | 8.10M | -6.87M | 937,647 | -1.25M | -856,111 | 3.26M | -2.15M | -896,570 | 1.37M | 420,799 | -881,232 | -153,589 | -676,142 | — | — | 1.00M | -1.40M | 2.00M | -1.30M | 200,000 | — | — | -200,000 | — | — | — |
| Accounts Payable | 62,316 | -528,650 | 397,730 | -429,272 | -608,668 | 6,882 | -813,619 | 276,454 | -205,598 | -292,501 | -467,581 | -1.92M | 836,090 | -1.15M | 1.67M | -73,387 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 1.80M | 2.06M | -2.90M | -73,074 | 1.10M | -587,698 | 2.47M | 493,009 | -1.22M | -257,658 | -619,104 | -920,180 | -1.32M | 688,095 | 204,810 | -448,439 | 654,270 | -486,665 | -2.38M | 817,324 | 767,483 | -2.76M | 5.09M | 2.35M | 2.55M | 5.10M | -4.40M | -5.70M | 600,000 | -1.60M | — | — | 900,000 | — | — | — |
| Operating Cash Flow | 1.17M | 10.52M | -994,516 | 298,312 | 2.04M | 1.60M | 1.16M | 757,447 | 301,831 | 2.47M | 511,541 | -624,124 | 4.94M | 5.02M | -817,433 | 1.30M | 4.01M | 5.39M | 6.43M | 6.91M | 6.01M | 1.87M | 9.25M | 8.87M | 7.87M | 11.20M | 500,000 | 400,000 | 1.80M | 1.30M | 3.40M | 3.60M | 2.20M | 1.00M | 1.10M | 2.10M |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -461,760 | -98,441 | -108,158 | -600,155 | -424,159 | -187,756 | -250,618 | -403,434 | -449,796 | -326,613 | -535,868 | -655,480 | -353,107 | -2.28M | -1.44M | -2.07M | -479,344 | -426,070 | -921,807 | -1.17M | -1.34M | -627,567 | -664,319 | -814,851 | -349,620 | -400,000 | -200,000 | -800,000 | -700,000 | -800,000 | -400,000 | -700,000 | -400,000 | -1.00M | -1.30M | -800,000 |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | -1.15M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 8,648 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | -13.99M | -18.86M | — | — | — | — | — | — | — | — | — | — | -349,196 | -349,196 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | 14.33M | 2.02M | — | — | — | — | — | — | — | — | — | — | — | — | 25,000 | 75,000 | 25,000 | 250,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -198,425 | -17.02M | 1.81M | -704,206 | -537,275 | -310,993 | -381,837 | -537,362 | -579,498 | -558,555 | -779,808 | -914,759 | -1.05M | -2.98M | -1.74M | -2.35M | -454,344 | -176,070 | -921,807 | -1.29M | -1.34M | -610,271 | -664,319 | -814,851 | -349,620 | -400,000 | -200,000 | -800,000 | -700,000 | -800,000 | -400,000 | -900,000 | -300,000 | -1.10M | -1.40M | -1.00M |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | — | 506,700 | — | — | — | — | — | — | — | — | 150,000 | 1.25M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | — | — | — | — | — | — | — | — | — | — | — | — | -1.40M | -54,989 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | — | — | — | — | — | — | — | — | — | — | — | — | — | -54,989 | — | — | -286,200 | 288,631 | 4.41M | 104,749 | — | — | — | — | — | -100,000 | 100,000 | — | — | — | — | -100,000 | — | — | -100,000 | — |
| Financing Cash Flow | — | — | — | — | 506,700 | — | — | — | — | — | -1.77M | -1.77M | -4.57M | -1.73M | 654,322 | -1.96M | -5.75M | -6.69M | -3.98M | -3.46M | -2.60M | -1.67M | -5.52M | -11.09M | -5.71M | -5.80M | -3.10M | 100,000 | -1.10M | 600,000 | 900,000 | 300,000 | — | — | -100,000 | — |
| Other Cash Details | ||||||||||||||||||||||||||||||||||||
| End Cash Position | 2.84M | 3.09M | 9.21M | 6.95M | 4.00M | 2.23M | 1.08M | 432,283 | 735,393 | 1.00M | 1.90M | 859,636 | 50,027 | 160,542 | 125,496 | 1.50M | 3.32M | 4.19M | 6.15M | 5.22M | 2.11M | 1.56M | 1.05M | 181,678 | 3.16M | 1.20M | — | — | — | — | — | — | — | — | — | — |
| Income Tax Paid | — | 320,073 | — | — | — | 1,620 | 3,182 | 523,342 | -558,202 | 985,585 | 1.87M | — | 45,597 | 558,906 | 678,512 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | 5,218 | 964 | -6,075 | -12,813 | 2,185 | 45,545 | 222,812 | 109,946 | 122,793 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | -652,291 | 10.64M | -1.05M | -251,415 | 1.38M | 1.22M | 780,469 | -169,182 | -135,171 | -667,203 | 3.06M | 2.84M | 3.41M | 2.06M | -454,199 | 574,351 | 4.16M | 4.48M | 4.90M | 6.57M | 3.16M | 2.17M | 6.39M | 8.11M | 7.70M | 9.70M | 1.60M | -900,000 | 1.20M | 1.00M | 100,000 | 100,000 | 1.60M | -1.60M | 1.30M | 1.10M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 150,699 | 943,375 | 1.61% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 98,202 | 614,744 | 1.05% |
| Fidelity Extended Market Index Fund | Nov 30, 2024 | 30,091 | 188,369 | 0.32% |
| Fidelity Total Market Index Fund | Nov 30, 2024 | 11,563 | 72,384 | 0.12% |
| Fidelity Series Total Market Index Fund | Nov 30, 2024 | 7,201 | 45,078 | 0.08% |
| EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF | Sep 30, 2024 | 6,213 | 38,893 | 0.07% |
| Avantis U.S. Small Cap Equity ETF | Nov 30, 2024 | 5,108 | 31,976 | 0.05% |
| Fidelity NASDAQ Composite Index Fund | Nov 30, 2024 | 4,327 | 27,087 | 0.05% |
Article
KOSS Stock Down 2% Despite Posting Q2 Earnings on Solid European Sales
Koss reports Q2 earnings on strong European sales and DTC growth, with revenue up 5.9%, but faces headwinds from rising freight costs.
Feb 4, 2025
Article
Koss Corporation Reports Profitable Second Quarter Results
MILWAUKEE, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the second quarter ended December 31, 2024.
Jan 30, 2025
Article
KOSS Q1 Loss Widens Y/Y Amid U.S. Sales Decline and Cost Pressures
KOSS incurs a wider loss year over year in fiscal Q1 2025, with sales down 5.1% due to weaker U.S. demand. Growth in Europe and DTC channels help offset declines, but higher SG&A costs increase losses.
Nov 1, 2024
