Koss posts Q4 net income of $476,801; full-year loss narrows to $391,464

KOSS CORP

Q4 net sales $3.26M, up 5.8% YoY; net income $476,801 vs prior-year net loss of $232,696.
Full-year sales $13.02M, up 3.1% YoY; net loss narrowed to $391,464 from $874,831.
Gross margin improved to 41.9% from 37.8%, aided by $1.0M tariff refunds on China imports.
Q4 DTC sales up 36.2% YoY; koss.com sales up 45.6% over prior year.
Custom headphones sale to Education market drove full-year growth; European distributor sales declined.

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