Corsair Gaming Inc

Technology US CRSR

11.37USD
-0.18(1.56%)

Last update at 2024-05-29T20:10:00Z

Day Range

11.3011.58
LowHigh

52 Week Range

10.3120.10
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -63.76600M 114.56M 122.04M -13.39900M -10.70700M
Minority interest -0.44200M - - - -
Net income -53.94600M 100.96M 103.22M -8.39400M -13.72000M
Selling general administrative 284.93M 315.67M 257.00M 163.03M 138.91M
Selling and marketing expenses - - - - -
Gross profit 296.63M 513.85M 465.43M 224.29M 192.69M
Reconciled depreciation 53.52M 45.09M 43.23M 37.51M 36.56M
Ebit -54.79300M 137.89M 158.36M 23.71M 21.97M
Ebitda -1.05700M 177.33M 200.41M 59.66M 58.54M
Depreciation and amortization 53.74M 39.43M 42.05M 35.95M 36.56M
Non operating income net other - -5.66100M -1.18200M - -
Operating income -54.79300M 137.89M 158.36M 23.71M 21.79M
Other operating expenses 1429.89M 1766.17M 1544.01M 1073.47M 915.76M
Interest expense 9.19M 17.67M 35.14M 35.55M 32.68M
Tax provision -9.82000M 13.60M 18.82M -5.00500M 3.01M
Interest income 0.37M - - - -
Net interest income -9.18600M -17.67300M -35.13700M -35.54800M -32.68000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -9.82000M 13.60M 18.82M -5.00500M 3.01M
Total revenue 1375.10M 1904.06M 1702.37M 1097.17M 937.55M
Total operating expenses 351.43M 375.96M 307.07M 200.58M 170.91M
Cost of revenue 1078.47M 1390.21M 1236.94M 872.89M 744.86M
Total other income expense net -8.97300M -23.33400M -36.31900M -37.10600M 0.18M
Discontinued operations - - - - -
Net income from continuing ops -53.94600M 100.96M 103.22M -8.39400M -13.72000M
Net income applicable to common shares -60.92400M 100.96M 103.22M -8.39400M -13.72000M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1357.46M 1297.24M 1337.40M 1314.12M 1059.72M
Intangible assets 188.01M 216.25M 225.71M 259.32M 291.03M
Earning assets - - - - -
Other current assets 39.82M 40.59M 51.02M 38.00M 24.70M
Total liab 663.48M 641.81M 769.22M 876.73M 842.94M
Total stockholder equity 667.58M 623.84M 568.18M 437.39M 216.78M
Deferred long term liab - - 25.70M 29.75M 5.80M
Other current liab 149.18M 158.21M 205.87M 205.75M 111.32M
Common stock 0.01000M 593.50M 470.37M 438.68M 0.00800M
Capital stock 0.01000M 593.50M 0.00900M 0.00900M 0.00800M
Retained earnings 40.41M 37.22M 98.15M -2.81300M -106.03000M
Other liab - 21.19M 25.70M 32.38M 39.56M
Good will 354.70M 347.75M 317.05M 312.76M 312.75M
Other assets 0.00000M 30.35M 72.04M 34.59M 10.77M
Cash 175.62M 153.83M 65.15M 133.34M 48.16M
Cash and equivalents - - - - -
Total current liabilities 418.49M 343.00M 446.75M 505.38M 299.93M
Current deferred revenue 7.44M 6.26M - -9.07000M 4.22M
Net debt 70.88M 84.84M 182.50M 188.06M 457.65M
Short term debt 21.91M 6.50M 4.75M 9.07M 2.36M
Short long term debt 12.19M 6.50M 4.75M - 2.36M
Short long term debt total 246.50M 238.66M 247.65M 321.39M 505.81M
Other stockholder equity 630.64M 593.49M 470.36M 438.67M 324.97M
Property plant equipment - 80.10M 16.82M 16.48M 15.37M
Total current assets 711.59M 622.79M 705.77M 690.97M 429.81M
Long term investments - - - - -
Net tangible assets - 59.84M 25.42M -134.68700M -387.00200M
Short term investments - - - - -
Net receivables 253.27M 235.66M 291.29M 293.63M 202.33M
Long term debt 186.01M 232.17M 242.90M 321.39M 503.45M
Inventory 240.17M 192.72M 298.31M 226.01M 151.06M
Accounts payable 239.96M 172.03M 236.12M 299.64M 182.03M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -3.48700M -6.88100M -0.34000M 1.53M -2.17100M
Additional paid in capital - - - - -
Common stock total equity - - 0.00900M 0.00900M 0.00800M
Preferred stock total equity - - - - -
Retained earnings total equity - - 98.15M -2.81300M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 6.64M 51.95M 72.04M 34.59M 10.77M
Deferred long term asset charges - - - - -
Non current assets total 645.87M 674.45M 631.62M 623.14M 629.91M
Capital lease obligations 48.31M 56.51M 51.15M 9.07M 0.00000M
Long term debt total - - 242.90M 321.39M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -47.03400M -20.54100M -10.28000M -145.42700M -38.55500M
Change to liabilities -65.92800M -63.72200M 116.52M 16.20M 25.84M
Total cashflows from investing activities -47.03400M -20.54100M -10.28000M -145.42700M -38.55500M
Net borrowings -9.48300M -79.67500M -190.39400M 82.92M 137.49M
Total cash from financing activities 72.61M -65.40400M -79.13100M 132.31M 47.35M
Change to operating activities -39.68200M -6.15800M 69.98M 29.15M -14.28200M
Net income -53.94600M 100.96M 103.22M -8.39400M -13.72000M
Change in cash 88.68M -68.18800M 81.62M 24.03M 8.89M
Begin period cash flow 65.38M 133.57M 51.95M 27.92M 19.03M
End period cash flow 154.06M 65.38M 133.57M 51.95M 27.92M
Total cash from operating activities 66.39M 20.19M 168.95M 37.10M 0.42M
Issuance of capital stock 81.36M 0.00000M 118.58M 53.50M 0.00000M
Depreciation 53.52M 45.09M 43.23M 37.51M 36.56M
Other cashflows from investing activities - -9.56700M -1.29100M - -
Dividends paid 4.31M - 0.00000M 87.01M 85.00M
Change to inventory 111.29M -71.31600M -80.08600M 15.71M -29.75300M
Change to account receivables 55.84M 0.44M -91.49200M -48.03300M -7.33900M
Sale purchase of stock - 14.87M 111.46M -1.53100M 0.00000M
Other cashflows from financing activities 706.54M 326.28M -7.31200M 171.32M 135.44M
Change to netincome 5.33M 13.43M 5.03M -8.03400M -0.30200M
Capital expenditures 26.32M 10.97M 8.99M 9.02M 8.35M
Change receivables - 0.44M -91.49200M - -
Cash flows other operating - -13.17700M -7.95300M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - -65.75300M 79.54M - -
Change in working capital 61.52M -140.75200M 14.92M 13.04M -25.53900M
Stock based compensation 22.16M 17.23M 5.80M 3.85M 2.75M
Other non cash items 4.87M 9.62M 9.26M 2.64M 3.38M
Free cash flow 40.07M 9.22M 159.96M 28.08M -7.92300M

Fundamentals

  • Previous Close 11.55
  • Market Cap1200.11M
  • Volume295719
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA49.09M
  • Revenue TTM1443.17M
  • Revenue Per Share TTM14.02
  • Gross Profit TTM 296.63M
  • Diluted EPS TTM-0.08

Peer Comparison

Sector: Technology Industry: Computer Hardware

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CRSR
Corsair Gaming Inc
-0.18 1.56% 11.37 - 20.45 0.79 1.73 0.84 18.92
ANET
Arista Networks
0.82 0.27% 308.31 39.49 31.45 13.08 11.15 12.18 31.54
DELL
Dell Technologies Inc
13.26 7.98% 179.34 20.97 10.53 0.58 4.39 0.78 8.46
SMCI
Super Micro Computer Inc
-35.0 4.00% 839.72 49.25 28.90 5.69 17.11 5.65 57.68
HPQ
HP Inc
-0.34 1.03% 32.80 9.33 8.67 0.56 - 0.70 7.42

Reports Covered

Stock Research & News

Profile

Corsair Gaming, Inc., together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs and laptops, gaming monitors, and others; and PC gaming software comprising iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. It sells its products through e-retail, retail, and direct-to-consumer channels and distributors. The company was incorporated in 1994 and is headquartered in Milpitas, California.

Corsair Gaming Inc

115 North McCarthy Boulevard, Milpitas, CA, United States, 95035

Key Executives

Name Title Year Born
Mr. Andrew J. Paul Founder, CEO & Director 1957
Ms. Thi L. La Pres, COO & Director 1966
Mr. Michael G. Potter CFO & Principal Accounting Officer 1967
Mr. Gregg A. Lakritz Advisor 1961
Mr. Bertrand Chevalier Exec. VP of Gaming Products 1972
Mr. Ronald Van Veen VP of Fin. & Investor Relations NA
Ms. Carina M. Tan VP & Gen. Counsel NA
Michael Buchanan Sr. VP of Worldwide Sales NA
Mr. Peter E. Hilliard Chief HR Officer 1967
Matthew Hsu Sr. VP of System Products NA

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