Koss Corporation Net Income 2011-2025 | KOSS

Net profit is a financial indicator that reflects the remaining amount of money after deducting all expenses and taxes from the company’s total income over a certain period of time. It is one of the key indicators of a company’s financial stability and success.

Net profit is the portion of total profit remaining after taxes and depreciation have been deducted.^[1]

It is the result of a company’s operations and reflects its efficiency in managing resources, controlling expenses, and generating income. It includes all operating revenues and expenses, such as sales of goods or services, production costs, administrative expenses, taxes, and other financial metrics.

The calculation of net profit includes the deduction of all necessary expenses such as employee salaries, rent, utilities, taxes, and other mandatory payments. After all these expenses are deducted from the total income, the remaining amount is considered the company’s net profit.

Net profit is an important indicator of a company’s financial health, as it reflects its ability to generate earnings and manage its finances. High net profit indicates business success, competitiveness, and efficiency in resource utilization. It also allows a company to invest in its development, pay dividends to shareholders, or create reserve funds for unforeseen situations.

It serves as a basis for calculating other financial indicators, such as return on sales, return on assets, or return on equity. It is also used to assess the performance of management and make decisions regarding the future development of the company.

However, it should be noted that net profit can be affected by various factors, such as economic conditions, changes in legislation, market competition, and other external influences. Therefore, companies must be prepared for possible changes and take measures to ensure the stability of their financial results.

Annual Net Income Koss Corporation

2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
494 K	-466 K	434 K	-3.39 M	-964 K	1.39 M	483 K	-5.55 M	5.43 M	2.94 M	4.37 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
5.43 M	-5.55 M	470 K

Quarterly Net Income Koss Corporation

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	9.94 M	-	403 K	579 K	-99.4 K	480 K	-474 K	509 K	127 K	509 K	127 K	-216 K	-311 K	-216 K	-311 K	103 K	41.6 K	134 K	67.4 K	-2.94 M	22 K	-2.94 M	17.5 K	140 K	84.2 K	140 K	84.2 K	387 K	-101 K	387 K	-101 K	166 K	-95 K	166 K	-95 K	-3.45 M	79.4 K	-3.37 M	115 K	339 K	366 K	339 K	366 K	831 K	281 K	831 K	281 K

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
9.94 M	-3.45 M	80.9 K

References

Bhamornsiri, S., & Wiggins, C. (2001). Comprehensive income disclosures. The CPA Journal, 71(10), 54.

Net Income of other stocks in the Consumer electronics industry

Issuer	Net Income	Price	% 24h	Market Cap	Country
Apple AAPL	112 B	$ 273.62	-1.67 %	$ 4.09 T	USA
Mohawk Group Holdings, Inc. MWK	-63.1 M	-	-3.50 %	$ 723 M	USA
iRobot Corporation IRBT	-305 M	$ 1.17	-73.02 %	$ 32.4 M	USA
LG Display Co., Ltd. LPL	1.33 T	$ 4.2	-0.36 %	$ 1.75 B	South-korea
Turtle Beach Corporation HEAR	8.55 M	-	-0.23 %	$ 300 M	USA
Emerson Radio Corp. MSN	-4.73 M	$ 0.38	0.47 %	$ 8 M	USA
GoPro GPRO	-53.2 M	$ 1.59	-8.38 %	$ 244 M	USA
Hamilton Beach Brands Holding Company HBB	30.8 M	$ 16.25	-2.78 %	$ 227 M	USA
Sonos SONO	-61.1 M	$ 18.31	-0.62 %	$ 2.21 B	USA
Universal Electronics UEIC	-98.2 M	$ 3.18	-2.75 %	$ 40.9 M	USA
Sony Corporation SONY	1.04 T	$ 26.67	-0.41 %	$ 32.8 B	Japan
Vuzix Corporation VUZI	-19.9 M	$ 2.72	0.18 %	$ 173 M	USA
Viomi Technology Co., Ltd VIOT	62.3 M	$ 2.19	-1.86 %	$ 448 M	China