earnings
confidence high
sentiment positive
materiality 0.60
Koss Corp Q4 net sales up 37% to $5.42M; full year net income $493K vs loss $466K last year
KOSS CORP
2021-FY EPS reported
$0.05
revenue$19,546,008
- Q4 net sales $5.42M, +37% YoY; net income $332K ($0.04 basic EPS) vs $158K ($0.02) a year ago.
- FY21 net sales $19.55M, +6.7%; net income $494K ($0.06 basic EPS) vs net loss $466K ($0.06 loss) prior year.
- CEO cites growth in export, US distributors, and DTC channels; traditional brick-and-mortar declined.
- Company warns elevated freight rates could consume most of FY22 expected net income if they persist beyond February, but expects positive cash flow.