ClearOne, Inc. (CLRO) 10-Year Financial Performance & Capital Metrics

CLRO • • Industrial / General

TechnologyCommunication EquipmentEnterprise Networking & Unified CommunicationsUnified Communications & Collaboration

AboutClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, and network streaming solutions for voice and visual communications in the United States and internationally. The company offers a range of audio conferencing products, including professional audio conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; USB-based personal and group speakerphones that could be used with PCs, laptops, tablets, smartphones, and other portable devices; and traditional tabletop conferencing phones used in conference rooms and offices. It also provides video products, such as video conferencing and collaboration solutions; and AV networking, which deliver the IP A/V experience by streaming time sensitive high definition audio and video, and control over TCP/IP networks. In addition, the company offers professional microphones consisting of beamforming microphones, ceiling microphones, and wireless microphones. ClearOne, Inc. sells its commercial products to a network of independent professional audiovisual, information technology, and telecommunications distributors, as well as systems integrators, dealers, value-added resellers, and end-users. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah.Show more

Revenue $11M -39.1%
EBITDA -$8M -47.9%
Net Income -$9M -1504.1%
EPS (Diluted) -0.37 -1481.2%
Gross Margin 23.09% -32.1%
EBITDA Margin -72.98% -142.9%
Operating Margin -80.9% -123.4%
Net Margin -78.9% -2535.1%
ROE -27.21% -2787.2%
ROIC -28.44% -196.5%
Debt/Equity 0.04 +54.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Weak 3Y average ROE of 1.5%
✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Sales declining 14.6% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-15.01%

5Y-14.58%

3Y-26.75%

TTM-42.9%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-464.16%

EPS CAGR

10Y-

5Y-

3Y-

TTM-6042.41%

ROCE

10Y Avg-9.68%

5Y Avg-14.61%

3Y Avg-16.24%

Latest-26.53%

Peer Comparison

Unified Communications & Collaboration

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
HLITHarmonic Inc.	1.15B	10.22	30.97	11.65%	7.81%	11.2%	4.6%	0.32
AUDCAudioCodes Ltd.	248.06M	8.65	17.30	-0.9%	5.65%	7.96%	4.42%	0.19
BOXLBoxlight Corporation	1.25M	1.31	-0.10	-23.1%	-28.94%	-341.07%
MITQMoving iMage Technologies, Inc.	7.65M	0.77	-8.05	-9.89%	-2.24%	-7.7%	5.71%	0.24
CLROClearOne, Inc.	15.6M	6.97	-18.84	-39.13%	-324.91%	-6.75%		0.04

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	57.8M	48.64M	41.8M	28.16M	25.04M	29.07M	28.97M	25.2M	18.7M	11.39M
Revenue Growth %	-0%	-0.16%	-0.14%	-0.33%	-0.11%	0.16%	-0%	-0.13%	-0.26%	-0.39%
Cost of Goods Sold+	21.08M	19.15M	17.8M	14.79M	13.85M	16.51M	17.05M	15.75M	12.35M	8.76M
COGS % of Revenue	0.36%	0.39%	0.43%	0.53%	0.55%	0.57%	0.59%	0.62%	0.66%	0.77%
Gross Profit+	36.72M	29.49M	24.01M	13.37M	11.19M	12.56M	11.92M	9.46M	6.36M	2.63M
Gross Margin %	0.64%	0.61%	0.57%	0.47%	0.45%	0.43%	0.41%	0.38%	0.34%	0.23%
Gross Profit Growth %	0.04%	-0.2%	-0.19%	-0.44%	-0.16%	0.12%	-0.05%	-0.21%	-0.33%	-0.59%
Operating Expenses+	26.95M	25.92M	40.2M	23.7M	19.75M	18.13M	19.41M	16.68M	13.13M	11.84M
OpEx % of Revenue	0.47%	0.53%	0.96%	0.84%	0.79%	0.62%	0.67%	0.66%	0.7%	1.04%
Selling, General & Admin	18.14M	17.36M	18.16M	15.86M	13.98M	12.61M	13.62M	12.29M	9.46M	8.54M
SG&A % of Revenue	0.31%	0.36%	0.43%	0.56%	0.56%	0.43%	0.47%	0.49%	0.51%	0.75%
Research & Development	8.32M	8.56M	9.34M	7.84M	5.78M	5.51M	5.79M	4.39M	3.67M	3.3M
R&D % of Revenue	0.14%	0.18%	0.22%	0.28%	0.23%	0.19%	0.2%	0.17%	0.2%	0.29%
Other Operating Expenses	496K	0	12.7M	0	0	0	0	0	0	0
Operating Income+	10.26M	3.55M	-3.49M	-10.33M	-8.56M	-5.57M	-7.5M	-7.22M	-6.77M	-9.21M
Operating Margin %	0.18%	0.07%	-0.08%	-0.37%	-0.34%	-0.19%	-0.26%	-0.29%	-0.36%	-0.81%
Operating Income Growth %	0.2%	-0.65%	-1.98%	-1.96%	0.17%	0.35%	-0.35%	0.04%	0.06%	-0.36%
EBITDA+	12.32M	5.42M	-1.96M	-8.74M	-6.09M	-2.89M	-4.22M	-3.85M	-5.62M	-8.31M
EBITDA Margin %	0.21%	0.11%	-0.05%	-0.31%	-0.24%	-0.1%	-0.15%	-0.15%	-0.3%	-0.73%
EBITDA Growth %	0.17%	-0.56%	-1.36%	-3.46%	0.3%	0.53%	-0.46%	0.09%	-0.46%	-0.48%
D&A (Non-Cash Add-back)	2.06M	1.87M	1.53M	1.59M	2.48M	2.68M	3.28M	3.37M	1.15M	901K
EBIT	10.55M	3.88M	-15.89M	-10.25M	-8.35M	-5.49M	-7.46M	27.88M	411K	-8.83M
Net Interest Income+	0	0	0	0	-26K	-436K	-514K	-420K	-537K	228K
Interest Income	0	0	0	0	0	0	0	0	0	228K
Interest Expense	0	0	0	0	26K	436K	514K	420K	537K	0
Other Income/Expense	289K	332K	-12.4M	80K	210K	-357K	-482K	34.68M	6.65M	383K
Pretax Income+	10.55M	3.88M	-15.89M	-10.25M	-8.35M	-5.92M	-7.98M	27.46M	-126K	-8.83M
Pretax Margin %	0.18%	0.08%	-0.38%	-0.36%	-0.33%	-0.2%	-0.28%	1.09%	-0.01%	-0.78%
Income Tax+	3.77M	1.43M	-1.72M	6.44M	56K	-6.43M	-283K	6.9M	434K	155K
Effective Tax Rate %	0.64%	0.63%	0.89%	1.63%	1.01%	-0.09%	0.96%	0.75%	4.44%	1.02%
Net Income+	6.78M	2.44M	-14.17M	-16.69M	-8.41M	505K	-7.69M	20.56M	-560K	-8.98M
Net Margin %	0.12%	0.05%	-0.34%	-0.59%	-0.34%	0.02%	-0.27%	0.82%	-0.03%	-0.79%
Net Income Growth %	0.21%	-0.64%	-6.8%	-0.18%	0.5%	1.06%	-16.24%	3.67%	-1.03%	-15.04%
Net Income (Continuing)	6.78M	2.44M	-14.17M	-16.69M	-8.41M	505K	-7.69M	20.56M	-560K	-8.98M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.71	0.26	-1.65	-1.87	-0.51	0.03	-0.39	0.82	-0.02	-0.37
EPS Growth %	0.22%	-0.63%	-7.35%	-0.13%	0.73%	1.06%	-14.36%	3.1%	-1.03%	-14.81%
EPS (Basic)	0.74	0.27	-1.65	-1.87	-0.51	0.03	-0.39	0.86	-0.02	-0.37
Diluted Shares Outstanding	9.59M	9.42M	8.58M	8.94M	16.64M	17.33M	19.86M	25.19M	23.96M	23.99M
Basic Shares Outstanding	9.13M	9.02M	8.58M	8.92M	16.64M	17.27M	19.86M	23.94M	23.96M	23.99M
Dividend Payout Ratio	0.21%	0.74%	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	46.15M	40.14M	33.89M	34.37M	25.18M	29.28M	29.44M	77.43M	43.32M	18.75M
Cash & Short-Term Investments	20.57M	17.13M	8.26M	12.16M	7.09M	4.92M	2.86M	984K	21.32M	1.42M
Cash Only	13.41M	12.1M	5.57M	11.21M	4.06M	3.8M	1.07M	984K	17.84M	1.42M
Short-Term Investments	7.16M	5.03M	2.69M	951K	3.03M	1.12M	1.79M	0	3.48M	0
Accounts Receivable	8.69M	7.46M	7.79M	6.78M	5.47M	12.36M	12.53M	59.67M	7.32M	2.22M
Days Sales Outstanding	54.89	55.99	68.05	87.92	79.7	155.23	157.83	864.15	142.75	71.1
Inventory	15.07M	12.91M	15.97M	13.23M	11.44M	10.46M	10.03M	8.96M	10.63M	11.22M
Days Inventory Outstanding	261.06	246.01	327.57	326.56	301.54	231.31	214.77	207.69	314.09	467.83
Other Current Assets	0	0	0	6K	110K	0	0	7.81M	4.06M	3.89M
Total Non-Current Assets+	47.38M	47.98M	33.99M	24.55M	29.93M	33.04M	36.75M	6.32M	7.38M	7.79M
Property, Plant & Equipment	1.59M	1.51M	1.55M	1.39M	3.5M	2.84M	2.28M	1.43M	1.52M	1.25M
Fixed Asset Turnover	36.37x	32.15x	26.99x	20.29x	7.15x	10.23x	12.70x	17.63x	12.31x	9.11x
Goodwill	12.72M	12.72M	0	0	0	0	0	0	0	0
Intangible Assets	6.64M	5.68M	6.54M	10.25M	14.01M	19.25M	25.09M	2.07M	1.69M	1.54M
Long-Term Investments	19.2M	21.36M	10.35M	3.76M	1.52M	1.76M	1.22M	0	916K	0
Other Non-Current Assets	2.13M	2.05M	9.02M	9.15M	10.9M	-1.97M	8.16M	2.82M	3.25M	5M
Total Assets+	93.53M	88.12M	67.88M	58.92M	55.11M	62.32M	66.19M	83.75M	50.69M	26.54M
Asset Turnover	0.62x	0.55x	0.62x	0.48x	0.45x	0.47x	0.44x	0.30x	0.37x	0.43x
Asset Growth %	0.05%	-0.06%	-0.23%	-0.13%	-0.06%	0.13%	0.06%	0.27%	-0.39%	-0.48%
Total Current Liabilities+	9.61M	9.32M	10.6M	6.01M	6.25M	7.1M	11.47M	8.12M	4.26M	3.54M
Accounts Payable	2.81M	3.54M	4.12M	3.73M	2.87M	3.95M	5.39M	1.28M	1.95M	1.8M
Days Payables Outstanding	48.75	67.57	84.55	92.06	75.67	87.33	115.34	29.76	57.5	75.19
Short-Term Debt	0	0	0	0	0	672K	3.48M	3.73M	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	283K	173K	123K	54K	63K	30K	17K
Other Current Liabilities	1.07M	0	771K	1.11M	1.79M	967K	927K	1.34M	826K	739K
Current Ratio	4.80x	4.31x	3.20x	5.72x	4.03x	4.13x	2.57x	9.54x	10.16x	5.29x
Quick Ratio	3.23x	2.92x	1.69x	3.52x	2.20x	2.65x	1.69x	8.43x	7.67x	2.12x
Cash Conversion Cycle	267.2	234.43	311.07	322.42	305.57	299.22	257.27	1.04K	399.35	463.74
Total Non-Current Liabilities+	1.35M	1.35M	710K	706K	4.38M	5.41M	3.22M	1.5M	1.74M	1.67M
Long-Term Debt	0	0	0	0	2.22M	3.25M	1.53M	0	0	0
Capital Lease Obligations	0	0	0	0	2.02M	1.49M	1.03M	492K	665K	514K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	1.35M	1.35M	710K	706K	140K	678K	655K	1.01M	1.08M	1.15M
Total Liabilities	10.96M	10.68M	11.31M	6.71M	10.63M	12.51M	14.69M	9.62M	6.01M	5.21M
Total Debt+	0	0	0	0	4.82M	5.99M	6.67M	4.87M	1.05M	771K
Net Debt	-13.41M	-12.1M	-5.57M	-11.21M	756K	2.18M	5.59M	3.88M	-16.79M	-646K
Debt / Equity	-	-	-	-	0.11x	0.12x	0.13x	0.07x	0.02x	0.04x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-1.09x	-2.23x	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-	-329.31x	-12.77x	-14.58x	-17.20x	-12.61x	-
Total Equity+	82.57M	77.45M	56.57M	52.13M	44.48M	49.81M	51.5M	74.13M	44.69M	21.33M
Equity Growth %	0.09%	-0.06%	-0.27%	-0.08%	-0.15%	0.12%	0.03%	0.44%	-0.4%	-0.52%
Book Value per Share	8.61	8.23	6.60	5.83	2.67	2.88	2.59	2.94	1.87	0.89
Total Shareholders' Equity	82.57M	77.45M	56.57M	52.13M	44.48M	49.81M	51.5M	74.13M	44.69M	21.33M
Common Stock	9K	9K	8K	17K	17K	19K	22K	24K	24K	24K
Retained Earnings	36.44M	30.98M	9.16M	-5.54M	-13.88M	-13.38M	-21.07M	-516K	-1.08M	-10.06M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-166K	-205K	-65K	-181K	-176K	-186K	-241K	-288K	-310K	-306K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	7.59M	7.83M	-9.27M	-6.62M	-4.66M	-982K	-4.39M	-4.18M	54.63M	-6.12M
Operating CF Margin %	0.13%	0.16%	-0.22%	-0.24%	-0.19%	-0.03%	-0.15%	-0.17%	2.92%	-0.54%
Operating CF Growth %	0.13%	0.03%	-2.18%	0.29%	0.3%	0.79%	-3.47%	0.05%	14.07%	-1.11%
Net Income	6.78M	2.44M	-14.17M	-16.69M	-8.41M	505K	-7.69M	20.56M	-560K	-8.98M
Depreciation & Amortization	2.06M	1.87M	1.53M	1.59M	2.48M	2.88M	3.48M	3.57M	1.34M	900K
Stock-Based Compensation	879K	685K	678K	473K	217K	63K	136K	113K	109K	98K
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-38K	358K	14.63M	6.82M	118K	-4.46M	1.85M	-32.51M	-2.1M	950K
Working Capital Changes	-2.08M	2.47M	-11.94M	1.18M	942K	33K	-2.17M	4.1M	55.84M	919K
Change in Receivables	1.2M	1.08M	-526K	835K	1.51M	192K	203K	1.39M	324K	4.99M
Change in Inventory	-2.25M	1.87M	-10.76M	155K	3.56M	1.16M	603K	1.81M	-2.38M	-3.46M
Change in Payables	0	0	0	0	0	0	0	0	0	0
Cash from Investing+	-648K	-922K	10.19M	3.15M	-5.13M	-5.54M	-8.51M	2.08M	-4.88M	4.19M
Capital Expenditures	-359K	-730K	-638K	-336K	-205K	-284K	-221K	-51K	-375K	-196K
CapEx % of Revenue	0.01%	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%	0%	0.02%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-289K	-192K	10.82M	3.49M	-4.92M	-5.26M	-8.29M	2.14M	-4.51M	4.38M
Cash from Financing+	-913K	-8.19M	-7.51M	9.19M	2.68M	6.28M	10.21M	2.05M	-32.89M	-14.47M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-1.42M	-1.82M	-2.24M	-583K	0	0	0	0	-28.98M	-14.5M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	504K	-289K	-157K	9.92M	23K	4.78M	11.3M	2M	7K	23K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	7.24M	7.1M	-9.91M	-6.96M	-4.86M	-1.27M	-4.62M	-4.23M	54.25M	-6.31M
FCF Margin %	0.13%	0.15%	-0.24%	-0.25%	-0.19%	-0.04%	-0.16%	-0.17%	2.9%	-0.55%
FCF Growth %	0.19%	-0.02%	-2.39%	0.3%	0.3%	0.74%	-2.65%	0.08%	13.83%	-1.12%
FCF per Share	0.75	0.75	-1.16	-0.78	-0.29	-0.07	-0.23	-0.17	2.26	-0.26
FCF Conversion (FCF/Net Income)	1.12x	3.21x	0.65x	0.40x	0.55x	-1.94x	0.57x	-0.20x	-97.55x	0.68x
Interest Paid	0	0	0	0	0	0	296K	226K	343K	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	8.55%	3.05%	-21.15%	-30.7%	-17.41%	1.07%	-15.19%	32.72%	-0.94%	-27.21%
Return on Invested Capital (ROIC)	11.18%	3.95%	-4.5%	-16.85%	-14.91%	-8.59%	-10.31%	-8.02%	-9.59%	-28.44%
Gross Margin	63.53%	60.63%	57.43%	47.49%	44.7%	43.2%	41.14%	37.52%	33.99%	23.09%
Net Margin	11.72%	5.03%	-33.9%	-59.27%	-33.58%	1.74%	-26.56%	81.56%	-2.99%	-78.9%
Debt / Equity	-	-	-	-	0.11x	0.12x	0.13x	0.07x	0.02x	0.04x
Interest Coverage	-	-	-	-	-329.31x	-12.77x	-14.58x	-17.20x	-12.61x	-
FCF Conversion	1.12x	3.21x	0.65x	0.40x	0.55x	-1.94x	0.57x	-0.20x	-97.55x	0.68x
Revenue Growth	-0.2%	-15.85%	-14.05%	-32.65%	-11.06%	16.08%	-0.35%	-12.99%	-25.79%	-39.13%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Microphones	-	-	-	9.01M	8.82M	9.15M	10.96M	9.82M	7.75M	5.2M
Microphones Growth	-	-	-	-	-2.15%	3.75%	19.83%	-10.39%	-21.12%	-32.96%
Audio Conferencing	-	-	-	13.95M	11.61M	10.93M	11.57M	11.83M	8.37M	4.29M
Audio Conferencing Growth	-	-	-	-	-16.76%	-5.88%	5.88%	2.26%	-29.28%	-48.76%
Video Products	-	-	-	5.2M	4.62M	8.99M	6.44M	3.55M	2.59M	1.9M
Video Products Growth	-	-	-	-	-11.22%	94.89%	-28.44%	-44.81%	-27.11%	-26.46%

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Asia, Middle East and Australia	-	-	-	-	7.77M	6M	8.2M	7.83M	7.34M	5.96M
Asia, Middle East and Australia Growth	-	-	-	-	-	-22.84%	36.66%	-4.50%	-6.26%	-18.79%
Americas	-	-	-	-	14.04M	18.32M	14.04M	12.3M	9.05M	4.18M
Americas Growth	-	-	-	-	-	30.48%	-23.35%	-12.43%	-26.43%	-53.82%
Europe and Africa	-	-	-	-	3.23M	4.75M	6.73M	5.08M	2.32M	1.25M
Europe and Africa Growth	-	-	-	-	-	47.14%	41.61%	-24.49%	-54.35%	-46.14%
UNITED STATES	39.56M	-	24.57M	14.78M	-	-	-	-	-	-
UNITED STATES Growth	-	-	-	-39.83%	-	-	-	-	-	-
All Other Countries	-	16.8M	17.23M	13.37M	-	-	-	-	-	-
All Other Countries Growth	-	-	2.60%	-22.41%	-	-	-	-	-	-
United States	-	31.84M	-	-	-	-	-	-	-	-
United States Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

ClearOne, Inc. (CLRO) reported $7.2M in revenue for fiscal year 2024. This represents a 84% decrease from $46.1M in 2011.

ClearOne, Inc. (CLRO) saw revenue decline by 39.1% over the past year.

ClearOne, Inc. (CLRO) reported a net loss of $23.3M for fiscal year 2024.

Dividend & Returns

Yes, ClearOne, Inc. (CLRO) pays a dividend with a yield of 8.67%. This makes it attractive for income-focused investors.

ClearOne, Inc. (CLRO) has a return on equity (ROE) of -27.2%. Negative ROE indicates the company is unprofitable.

ClearOne, Inc. (CLRO) had negative free cash flow of $4.9M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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ClearOne, Inc. (CLRO) 10-Year Financial Performance & Capital Metrics

CLRO • • Industrial / General

TechnologyCommunication EquipmentEnterprise Networking & Unified CommunicationsUnified Communications & Collaboration

Revenue $11M -39.1%
EBITDA -$8M -47.9%
Net Income -$9M -1504.1%
EPS (Diluted) -0.37 -1481.2%
Gross Margin 23.09% -32.1%
EBITDA Margin -72.98% -142.9%
Operating Margin -80.9% -123.4%
Net Margin -78.9% -2535.1%
ROE -27.21% -2787.2%
ROIC -28.44% -196.5%
Debt/Equity 0.04 +54.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Weak 3Y average ROE of 1.5%
✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Sales declining 14.6% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-15.01%

5Y-14.58%

3Y-26.75%

TTM-42.9%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-464.16%

EPS CAGR

10Y-

5Y-

3Y-

TTM-6042.41%

ROCE

10Y Avg-9.68%

5Y Avg-14.61%

3Y Avg-16.24%

Latest-26.53%

Peer Comparison

Unified Communications & Collaboration

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
HLITHarmonic Inc.	1.15B	10.22	30.97	11.65%	7.81%	11.2%	4.6%	0.32
AUDCAudioCodes Ltd.	248.06M	8.65	17.30	-0.9%	5.65%	7.96%	4.42%	0.19
BOXLBoxlight Corporation	1.25M	1.31	-0.10	-23.1%	-28.94%	-341.07%
MITQMoving iMage Technologies, Inc.	7.65M	0.77	-8.05	-9.89%	-2.24%	-7.7%	5.71%	0.24
CLROClearOne, Inc.	15.6M	6.97	-18.84	-39.13%	-324.91%	-6.75%		0.04

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	57.8M	48.64M	41.8M	28.16M	25.04M	29.07M	28.97M	25.2M	18.7M	11.39M
Revenue Growth %	-0%	-0.16%	-0.14%	-0.33%	-0.11%	0.16%	-0%	-0.13%	-0.26%	-0.39%
Cost of Goods Sold+	21.08M	19.15M	17.8M	14.79M	13.85M	16.51M	17.05M	15.75M	12.35M	8.76M
COGS % of Revenue	0.36%	0.39%	0.43%	0.53%	0.55%	0.57%	0.59%	0.62%	0.66%	0.77%
Gross Profit+	36.72M	29.49M	24.01M	13.37M	11.19M	12.56M	11.92M	9.46M	6.36M	2.63M
Gross Margin %	0.64%	0.61%	0.57%	0.47%	0.45%	0.43%	0.41%	0.38%	0.34%	0.23%
Gross Profit Growth %	0.04%	-0.2%	-0.19%	-0.44%	-0.16%	0.12%	-0.05%	-0.21%	-0.33%	-0.59%
Operating Expenses+	26.95M	25.92M	40.2M	23.7M	19.75M	18.13M	19.41M	16.68M	13.13M	11.84M
OpEx % of Revenue	0.47%	0.53%	0.96%	0.84%	0.79%	0.62%	0.67%	0.66%	0.7%	1.04%
Selling, General & Admin	18.14M	17.36M	18.16M	15.86M	13.98M	12.61M	13.62M	12.29M	9.46M	8.54M
SG&A % of Revenue	0.31%	0.36%	0.43%	0.56%	0.56%	0.43%	0.47%	0.49%	0.51%	0.75%
Research & Development	8.32M	8.56M	9.34M	7.84M	5.78M	5.51M	5.79M	4.39M	3.67M	3.3M
R&D % of Revenue	0.14%	0.18%	0.22%	0.28%	0.23%	0.19%	0.2%	0.17%	0.2%	0.29%
Other Operating Expenses	496K	0	12.7M	0	0	0	0	0	0	0
Operating Income+	10.26M	3.55M	-3.49M	-10.33M	-8.56M	-5.57M	-7.5M	-7.22M	-6.77M	-9.21M
Operating Margin %	0.18%	0.07%	-0.08%	-0.37%	-0.34%	-0.19%	-0.26%	-0.29%	-0.36%	-0.81%
Operating Income Growth %	0.2%	-0.65%	-1.98%	-1.96%	0.17%	0.35%	-0.35%	0.04%	0.06%	-0.36%
EBITDA+	12.32M	5.42M	-1.96M	-8.74M	-6.09M	-2.89M	-4.22M	-3.85M	-5.62M	-8.31M
EBITDA Margin %	0.21%	0.11%	-0.05%	-0.31%	-0.24%	-0.1%	-0.15%	-0.15%	-0.3%	-0.73%
EBITDA Growth %	0.17%	-0.56%	-1.36%	-3.46%	0.3%	0.53%	-0.46%	0.09%	-0.46%	-0.48%
D&A (Non-Cash Add-back)	2.06M	1.87M	1.53M	1.59M	2.48M	2.68M	3.28M	3.37M	1.15M	901K
EBIT	10.55M	3.88M	-15.89M	-10.25M	-8.35M	-5.49M	-7.46M	27.88M	411K	-8.83M
Net Interest Income+	0	0	0	0	-26K	-436K	-514K	-420K	-537K	228K
Interest Income	0	0	0	0	0	0	0	0	0	228K
Interest Expense	0	0	0	0	26K	436K	514K	420K	537K	0
Other Income/Expense	289K	332K	-12.4M	80K	210K	-357K	-482K	34.68M	6.65M	383K
Pretax Income+	10.55M	3.88M	-15.89M	-10.25M	-8.35M	-5.92M	-7.98M	27.46M	-126K	-8.83M
Pretax Margin %	0.18%	0.08%	-0.38%	-0.36%	-0.33%	-0.2%	-0.28%	1.09%	-0.01%	-0.78%
Income Tax+	3.77M	1.43M	-1.72M	6.44M	56K	-6.43M	-283K	6.9M	434K	155K
Effective Tax Rate %	0.64%	0.63%	0.89%	1.63%	1.01%	-0.09%	0.96%	0.75%	4.44%	1.02%
Net Income+	6.78M	2.44M	-14.17M	-16.69M	-8.41M	505K	-7.69M	20.56M	-560K	-8.98M
Net Margin %	0.12%	0.05%	-0.34%	-0.59%	-0.34%	0.02%	-0.27%	0.82%	-0.03%	-0.79%
Net Income Growth %	0.21%	-0.64%	-6.8%	-0.18%	0.5%	1.06%	-16.24%	3.67%	-1.03%	-15.04%
Net Income (Continuing)	6.78M	2.44M	-14.17M	-16.69M	-8.41M	505K	-7.69M	20.56M	-560K	-8.98M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.71	0.26	-1.65	-1.87	-0.51	0.03	-0.39	0.82	-0.02	-0.37
EPS Growth %	0.22%	-0.63%	-7.35%	-0.13%	0.73%	1.06%	-14.36%	3.1%	-1.03%	-14.81%
EPS (Basic)	0.74	0.27	-1.65	-1.87	-0.51	0.03	-0.39	0.86	-0.02	-0.37
Diluted Shares Outstanding	9.59M	9.42M	8.58M	8.94M	16.64M	17.33M	19.86M	25.19M	23.96M	23.99M
Basic Shares Outstanding	9.13M	9.02M	8.58M	8.92M	16.64M	17.27M	19.86M	23.94M	23.96M	23.99M
Dividend Payout Ratio	0.21%	0.74%	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	46.15M	40.14M	33.89M	34.37M	25.18M	29.28M	29.44M	77.43M	43.32M	18.75M
Cash & Short-Term Investments	20.57M	17.13M	8.26M	12.16M	7.09M	4.92M	2.86M	984K	21.32M	1.42M
Cash Only	13.41M	12.1M	5.57M	11.21M	4.06M	3.8M	1.07M	984K	17.84M	1.42M
Short-Term Investments	7.16M	5.03M	2.69M	951K	3.03M	1.12M	1.79M	0	3.48M	0
Accounts Receivable	8.69M	7.46M	7.79M	6.78M	5.47M	12.36M	12.53M	59.67M	7.32M	2.22M
Days Sales Outstanding	54.89	55.99	68.05	87.92	79.7	155.23	157.83	864.15	142.75	71.1
Inventory	15.07M	12.91M	15.97M	13.23M	11.44M	10.46M	10.03M	8.96M	10.63M	11.22M
Days Inventory Outstanding	261.06	246.01	327.57	326.56	301.54	231.31	214.77	207.69	314.09	467.83
Other Current Assets	0	0	0	6K	110K	0	0	7.81M	4.06M	3.89M
Total Non-Current Assets+	47.38M	47.98M	33.99M	24.55M	29.93M	33.04M	36.75M	6.32M	7.38M	7.79M
Property, Plant & Equipment	1.59M	1.51M	1.55M	1.39M	3.5M	2.84M	2.28M	1.43M	1.52M	1.25M
Fixed Asset Turnover	36.37x	32.15x	26.99x	20.29x	7.15x	10.23x	12.70x	17.63x	12.31x	9.11x
Goodwill	12.72M	12.72M	0	0	0	0	0	0	0	0
Intangible Assets	6.64M	5.68M	6.54M	10.25M	14.01M	19.25M	25.09M	2.07M	1.69M	1.54M
Long-Term Investments	19.2M	21.36M	10.35M	3.76M	1.52M	1.76M	1.22M	0	916K	0
Other Non-Current Assets	2.13M	2.05M	9.02M	9.15M	10.9M	-1.97M	8.16M	2.82M	3.25M	5M
Total Assets+	93.53M	88.12M	67.88M	58.92M	55.11M	62.32M	66.19M	83.75M	50.69M	26.54M
Asset Turnover	0.62x	0.55x	0.62x	0.48x	0.45x	0.47x	0.44x	0.30x	0.37x	0.43x
Asset Growth %	0.05%	-0.06%	-0.23%	-0.13%	-0.06%	0.13%	0.06%	0.27%	-0.39%	-0.48%
Total Current Liabilities+	9.61M	9.32M	10.6M	6.01M	6.25M	7.1M	11.47M	8.12M	4.26M	3.54M
Accounts Payable	2.81M	3.54M	4.12M	3.73M	2.87M	3.95M	5.39M	1.28M	1.95M	1.8M
Days Payables Outstanding	48.75	67.57	84.55	92.06	75.67	87.33	115.34	29.76	57.5	75.19
Short-Term Debt	0	0	0	0	0	672K	3.48M	3.73M	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	283K	173K	123K	54K	63K	30K	17K
Other Current Liabilities	1.07M	0	771K	1.11M	1.79M	967K	927K	1.34M	826K	739K
Current Ratio	4.80x	4.31x	3.20x	5.72x	4.03x	4.13x	2.57x	9.54x	10.16x	5.29x
Quick Ratio	3.23x	2.92x	1.69x	3.52x	2.20x	2.65x	1.69x	8.43x	7.67x	2.12x
Cash Conversion Cycle	267.2	234.43	311.07	322.42	305.57	299.22	257.27	1.04K	399.35	463.74
Total Non-Current Liabilities+	1.35M	1.35M	710K	706K	4.38M	5.41M	3.22M	1.5M	1.74M	1.67M
Long-Term Debt	0	0	0	0	2.22M	3.25M	1.53M	0	0	0
Capital Lease Obligations	0	0	0	0	2.02M	1.49M	1.03M	492K	665K	514K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	1.35M	1.35M	710K	706K	140K	678K	655K	1.01M	1.08M	1.15M
Total Liabilities	10.96M	10.68M	11.31M	6.71M	10.63M	12.51M	14.69M	9.62M	6.01M	5.21M
Total Debt+	0	0	0	0	4.82M	5.99M	6.67M	4.87M	1.05M	771K
Net Debt	-13.41M	-12.1M	-5.57M	-11.21M	756K	2.18M	5.59M	3.88M	-16.79M	-646K
Debt / Equity	-	-	-	-	0.11x	0.12x	0.13x	0.07x	0.02x	0.04x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-1.09x	-2.23x	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-	-	-329.31x	-12.77x	-14.58x	-17.20x	-12.61x	-
Total Equity+	82.57M	77.45M	56.57M	52.13M	44.48M	49.81M	51.5M	74.13M	44.69M	21.33M
Equity Growth %	0.09%	-0.06%	-0.27%	-0.08%	-0.15%	0.12%	0.03%	0.44%	-0.4%	-0.52%
Book Value per Share	8.61	8.23	6.60	5.83	2.67	2.88	2.59	2.94	1.87	0.89
Total Shareholders' Equity	82.57M	77.45M	56.57M	52.13M	44.48M	49.81M	51.5M	74.13M	44.69M	21.33M
Common Stock	9K	9K	8K	17K	17K	19K	22K	24K	24K	24K
Retained Earnings	36.44M	30.98M	9.16M	-5.54M	-13.88M	-13.38M	-21.07M	-516K	-1.08M	-10.06M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-166K	-205K	-65K	-181K	-176K	-186K	-241K	-288K	-310K	-306K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	7.59M	7.83M	-9.27M	-6.62M	-4.66M	-982K	-4.39M	-4.18M	54.63M	-6.12M
Operating CF Margin %	0.13%	0.16%	-0.22%	-0.24%	-0.19%	-0.03%	-0.15%	-0.17%	2.92%	-0.54%
Operating CF Growth %	0.13%	0.03%	-2.18%	0.29%	0.3%	0.79%	-3.47%	0.05%	14.07%	-1.11%
Net Income	6.78M	2.44M	-14.17M	-16.69M	-8.41M	505K	-7.69M	20.56M	-560K	-8.98M
Depreciation & Amortization	2.06M	1.87M	1.53M	1.59M	2.48M	2.88M	3.48M	3.57M	1.34M	900K
Stock-Based Compensation	879K	685K	678K	473K	217K	63K	136K	113K	109K	98K
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-38K	358K	14.63M	6.82M	118K	-4.46M	1.85M	-32.51M	-2.1M	950K
Working Capital Changes	-2.08M	2.47M	-11.94M	1.18M	942K	33K	-2.17M	4.1M	55.84M	919K
Change in Receivables	1.2M	1.08M	-526K	835K	1.51M	192K	203K	1.39M	324K	4.99M
Change in Inventory	-2.25M	1.87M	-10.76M	155K	3.56M	1.16M	603K	1.81M	-2.38M	-3.46M
Change in Payables	0	0	0	0	0	0	0	0	0	0
Cash from Investing+	-648K	-922K	10.19M	3.15M	-5.13M	-5.54M	-8.51M	2.08M	-4.88M	4.19M
Capital Expenditures	-359K	-730K	-638K	-336K	-205K	-284K	-221K	-51K	-375K	-196K
CapEx % of Revenue	0.01%	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%	0%	0.02%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-289K	-192K	10.82M	3.49M	-4.92M	-5.26M	-8.29M	2.14M	-4.51M	4.38M
Cash from Financing+	-913K	-8.19M	-7.51M	9.19M	2.68M	6.28M	10.21M	2.05M	-32.89M	-14.47M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-1.42M	-1.82M	-2.24M	-583K	0	0	0	0	-28.98M	-14.5M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	504K	-289K	-157K	9.92M	23K	4.78M	11.3M	2M	7K	23K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	7.24M	7.1M	-9.91M	-6.96M	-4.86M	-1.27M	-4.62M	-4.23M	54.25M	-6.31M
FCF Margin %	0.13%	0.15%	-0.24%	-0.25%	-0.19%	-0.04%	-0.16%	-0.17%	2.9%	-0.55%
FCF Growth %	0.19%	-0.02%	-2.39%	0.3%	0.3%	0.74%	-2.65%	0.08%	13.83%	-1.12%
FCF per Share	0.75	0.75	-1.16	-0.78	-0.29	-0.07	-0.23	-0.17	2.26	-0.26
FCF Conversion (FCF/Net Income)	1.12x	3.21x	0.65x	0.40x	0.55x	-1.94x	0.57x	-0.20x	-97.55x	0.68x
Interest Paid	0	0	0	0	0	0	296K	226K	343K	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	8.55%	3.05%	-21.15%	-30.7%	-17.41%	1.07%	-15.19%	32.72%	-0.94%	-27.21%
Return on Invested Capital (ROIC)	11.18%	3.95%	-4.5%	-16.85%	-14.91%	-8.59%	-10.31%	-8.02%	-9.59%	-28.44%
Gross Margin	63.53%	60.63%	57.43%	47.49%	44.7%	43.2%	41.14%	37.52%	33.99%	23.09%
Net Margin	11.72%	5.03%	-33.9%	-59.27%	-33.58%	1.74%	-26.56%	81.56%	-2.99%	-78.9%
Debt / Equity	-	-	-	-	0.11x	0.12x	0.13x	0.07x	0.02x	0.04x
Interest Coverage	-	-	-	-	-329.31x	-12.77x	-14.58x	-17.20x	-12.61x	-
FCF Conversion	1.12x	3.21x	0.65x	0.40x	0.55x	-1.94x	0.57x	-0.20x	-97.55x	0.68x
Revenue Growth	-0.2%	-15.85%	-14.05%	-32.65%	-11.06%	16.08%	-0.35%	-12.99%	-25.79%	-39.13%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Microphones	-	-	-	9.01M	8.82M	9.15M	10.96M	9.82M	7.75M	5.2M
Microphones Growth	-	-	-	-	-2.15%	3.75%	19.83%	-10.39%	-21.12%	-32.96%
Audio Conferencing	-	-	-	13.95M	11.61M	10.93M	11.57M	11.83M	8.37M	4.29M
Audio Conferencing Growth	-	-	-	-	-16.76%	-5.88%	5.88%	2.26%	-29.28%	-48.76%
Video Products	-	-	-	5.2M	4.62M	8.99M	6.44M	3.55M	2.59M	1.9M
Video Products Growth	-	-	-	-	-11.22%	94.89%	-28.44%	-44.81%	-27.11%	-26.46%

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Asia, Middle East and Australia	-	-	-	-	7.77M	6M	8.2M	7.83M	7.34M	5.96M
Asia, Middle East and Australia Growth	-	-	-	-	-	-22.84%	36.66%	-4.50%	-6.26%	-18.79%
Americas	-	-	-	-	14.04M	18.32M	14.04M	12.3M	9.05M	4.18M
Americas Growth	-	-	-	-	-	30.48%	-23.35%	-12.43%	-26.43%	-53.82%
Europe and Africa	-	-	-	-	3.23M	4.75M	6.73M	5.08M	2.32M	1.25M
Europe and Africa Growth	-	-	-	-	-	47.14%	41.61%	-24.49%	-54.35%	-46.14%
UNITED STATES	39.56M	-	24.57M	14.78M	-	-	-	-	-	-
UNITED STATES Growth	-	-	-	-39.83%	-	-	-	-	-	-
All Other Countries	-	16.8M	17.23M	13.37M	-	-	-	-	-	-
All Other Countries Growth	-	-	2.60%	-22.41%	-	-	-	-	-	-
United States	-	31.84M	-	-	-	-	-	-	-	-
United States Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

ClearOne, Inc. (CLRO) reported $7.2M in revenue for fiscal year 2024. This represents a 84% decrease from $46.1M in 2011.

ClearOne, Inc. (CLRO) saw revenue decline by 39.1% over the past year.

ClearOne, Inc. (CLRO) reported a net loss of $23.3M for fiscal year 2024.

Dividend & Returns

Yes, ClearOne, Inc. (CLRO) pays a dividend with a yield of 8.67%. This makes it attractive for income-focused investors.

ClearOne, Inc. (CLRO) has a return on equity (ROE) of -27.2%. Negative ROE indicates the company is unprofitable.

ClearOne, Inc. (CLRO) had negative free cash flow of $4.9M in fiscal year 2024, likely due to heavy capital investments.