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CRSR - Corsair Gaming, Inc.

NASDAQ -> Technology -> Computer Hardware
Fremont, United States
Type: Equity

CRSR price evolution
CRSR
(in millions $) 30 Jun 2024 31 Mar 2024 31 Dec 2023 30 Sep 2023
Current assets
Cash $94.34 $129.94 $178.32 $147.53
Short term investments
Net receivables $188.56 $204.92 $253.27 $251.08
Inventory $265.54 $251.75 $240.17 $235.56
Total current assets $579.62 $621.18 $711.59 $679.37
Long term investments
Property, plant & equipment $30.96 $31.18 $32.21 $33.07
Goodwill & intangible assets $523.11 $532.56 $542.71 $551.36
Total noncurrent assets $654.62 $636.01 $645.87 $658.78
Total investments
Total assets $1234.24 $1257.19 $1357.46 $1338.15
Current liabilities
Accounts payable $167.61 $191.4 $239.96 $215.46
Deferred revenue
Short long term debt $12.22 $12.21 $12.19 $12.13
Total current liabilities $322.73 $342.1 $418.49 $394.72
Long term debt $168.05 $171.11 $186.01 $210.57
Total noncurrent liabilities $237.08 $225.84 $245 $268.75
Total debt $180.27 $183.32 $198.2 $222.7
Total liabilities $559.81 $567.94 $663.48 $663.47
Shareholders' equity
Retained earnings -$1.71 $27.87 $40.41 $34.19
Other shareholder equity -$4.81 -$4.63 -$3.49 -$6.7
Total shareholder equity $642.73 $663.54 $667.58 $649.93
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $178.32 $151.18 $65.15 $133.34
Short term investments
Net receivables $253.27 $235.66 $291.29 $293.63
Inventory $240.17 $192.72 $298.31 $226.01
Total current assets $711.59 $622.79 $705.77 $690.97
Long term investments
Property, plant & equipment $32.21 $80.1 $16.82 $16.48
Goodwill & intangible assets $542.71 $564 $542.76 $572.08
Total noncurrent assets $645.87 $674.45 $631.62 $623.14
Total investments
Total assets $1357.46 $1297.24 $1337.4 $1314.12
Current liabilities
Accounts payable $239.96 $172.03 $236.12 $299.64
Deferred revenue
Short long term debt $12.19 $6.5 $4.75
Total current liabilities $418.49 $343 $446.75 $505.38
Long term debt $186.01 $232.17 $242.9 $321.39
Total noncurrent liabilities $245 $298.81 $322.47 $371.34
Total debt $198.2 $238.66 $247.65 $321.39
Total liabilities $663.48 $673.41 $769.22 $876.73
Shareholders' equity
Retained earnings $40.41 $37.22 $98.15 -$2.81
Other shareholder equity -$3.49 -$5.77 -$0.34 $1.53
Total shareholder equity $667.58 $623.84 $568.18 $437.39
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Revenue
Total revenue $261.3 $337.26 $417.29
Cost of revenue $198.22 $250.62 $314.61
Gross Profit $63.09 $86.64 $102.67
Operating activities
Research & development $17.41 $16.64 $16.72
Selling, general & administrative $70.39 $80.22 $73.83
Total operating expenses $87.8 $96.86 $90.55
Operating income -$24.71 -$10.22 $12.12
Income from continuing operations
EBIT -$24.76 -$9.65 $17.11
Income tax expense -$4 -$1.78 $0.58
Interest expense $3.44 $3.69 $9.54
Net income
Net income -$24.19 -$11.56 $6.98
Income (for common shares) -$29.58 -$12.54 $6.22
(in millions $) 31 Dec 2023 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $1459.88 $1375.1 $1702.37
Cost of revenue $1099.61 $1078.47 $1236.94
Gross Profit $360.26 $296.63 $465.43
Operating activities
Research & development $65.26 $66.49 $50.06
Selling, general & administrative $285.31 $284.93 $257
Total operating expenses $350.57 $351.43 $307.07
Operating income $9.69 -$54.79 $158.36
Income from continuing operations
EBIT $12.39 -$55.02 $157.18
Income tax expense -$2.44 -$9.82 $18.82
Interest expense $17.42 $9.19 $35.14
Net income
Net income -$2.59 -$54.39 $103.22
Income (for common shares) $3.19 -$60.92 $103.22
(in millions $) 30 Jun 2024 31 Mar 2024 31 Dec 2023 30 Sep 2023
Net income -$24.19 -$11.56 $6.98 -$3.08
Operating activities
Depreciation $12.59 $12.6 $12.68 $12.59
Business acquisitions & disposals $1.04 -$14.22
Stock-based compensation $8.01 $7.69 $7.63 $7.83
Total cash flows from operations -$18.46 -$26.32 $57.09 -$11.91
Investing activities
Capital expenditures -$2.61 -$2.52 -$1.98 -$3.33
Investments
Total cash flows from investing -$14.92 -$1.48 -$1.98 -$17.55
Financing activities
Dividends paid
Sale and purchase of stock $0.95 $2.35 $0.66 $0.41
Net borrowings -$3.13 -$15 -$24.75 -$5
Total cash flows from financing -$2.19 -$19.95 -$24.18 -$6.1
Effect of exchange rate -$0.02 -$0.64 -$0.14 -$0.68
Change in cash and equivalents -$35.6 -$48.38 $30.79 -$36.24
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income -$2.59 -$54.39 $100.96 $103.22
Operating activities
Depreciation $50.7 $53.52 $45.09 $43.23
Business acquisitions & disposals -$14.22 -$19.72 -$9.57 -$1.29
Stock-based compensation $30.87 $22.16 $17.23 $5.8
Total cash flows from operations $89.15 $66.39 $20.19 $168.95
Investing activities
Capital expenditures -$12.76 -$26.32 -$10.97 -$8.99
Investments -$1
Total cash flows from investing -$26.98 -$47.03 -$20.54 -$10.28
Financing activities
Dividends paid
Sale and purchase of stock $7.45 $88.67 $14.87 $119.91
Net borrowings -$41 -$9.48 -$79.88 -$190.59
Total cash flows from financing -$37.39 $72.61 -$65.4 -$79.13
Effect of exchange rate -$0.28 -$3.28 -$2.44 $2.08
Change in cash and equivalents $24.5 $88.68 -$68.19 $81.62
Fundamentals
Market cap $751.41M
Enterprise value $837.33M
Shares outstanding 104.07M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 1.16
Book/Share 6.22
Cash/Share 0.91
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 0.99
Net debt/EBITDA N/A
Current ratio 1.80
Quick ratio 0.97