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VOXX International Corp (VOXX)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsFeb-28-23Feb-28-22Feb-28-21Feb-29-20Feb-28-19Feb-28-18Feb-28-17Feb-29-16
   8-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States   506.2477.6322.6393.8446.3449.9461.6
    Other   129.786.072.353.060.864.768.6
Total revenues  534.0635.9563.6394.9446.8507.1514.5530.2
            Revenue growth   [+]-16.0%12.8%42.7%-11.6%-11.9%-1.4%-3.0%-30.0%
Cost of goods sold  399.7466.4405.1285.1325.4374.8370.5386.7
Gross profit  134.3169.5158.5109.8121.4132.3144.0143.5
            Gross margin  25.1%26.7%28.1%27.8%27.2%26.1%28.0%27.1%
Selling, general and administrative   [+]121.5126.5113.6108.2107.9125.0122.7127.8
Research and development          
Equity in earnings   7.97.45.26.67.26.86.5
Other operating expenses  31.535.121.221.727.926.429.532.0
EBITDA   [+] 28.242.2-2.54.73.211.0-0.1
            EBITDA margin  -3.5%4.4%7.5%-0.6%1.0%0.6%2.1%0.0%
Depreciation   5.95.65.45.48.65.94.7
EBITA  -18.622.336.6-7.9-0.7-5.45.1-4.8
            EBITA margin  -3.5%3.5%6.5%-2.0%-0.2%-1.1%1.0%-0.9%
Amortization of intangibles   6.55.47.07.06.56.55.0
EBIT   [+]-18.615.831.1-14.9-7.7-11.9-1.4-9.7
            EBIT margin  -3.5%2.5%5.5%-3.8%-1.7%-2.4%-0.3%-1.8%
Non-recurring items   [+]8.6 1.330.226.9  0.8
Interest expense   2.53.03.04.46.07.17.9
Other income (expense), net   [+]-3.7-39.10.87.2-19.9-6.2-0.55.3
Pre-tax income  -31.0-25.827.6-40.9-59.0-24.1-8.9-13.2
Income taxes  0.01.64.30.9-6.1-17.40.3-2.4
            Tax rate  0.1% 15.5% 10.4%72.4% 17.8%
Minority interest  -2.3-5.1-3.4-15.4-6.7-7.3-7.6-3.4
Net income  -30.9-22.326.8-26.4-46.135.3-4.8-13.5
            Net margin  -5.8%-3.5%4.7%-6.7%-10.3%7.0%-0.9%-2.5%
   
Basic EPS   [+]($1.27)($0.92)$1.11($1.08)($1.89)$1.45($0.20)($0.56)
Diluted EPS   [+]($1.27)($0.92)$1.09($1.08)($1.89)$1.44($0.20)($0.56)
   
Shares outstanding (basic)   [+]24.324.324.224.424.424.324.224.2
Shares outstanding (diluted)   [+]24.324.324.724.424.424.524.224.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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