VZIO (VZIO)
VIZIO Holding Corp.
NYSE:VZIOTechnology · Consumer Electronics
Mkt Cap-
Float88.66M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.68B
Net Income$28.2M
Total Assets$960.7M
Free Cash Flow-$3.7M
Debt & Equity
Debt 3%
Equity 97%
Total Debt$14.5M
Total Equity$449.3M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in VZIO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$960.7M
Liabilities$511.4M
Accounts Receivable$390.2M
Accounts Payable$157.8M
Inventory$6.8M
PP&E (Net)$33.5M
Goodwill$44.8M
Intangible Assets$0
Income Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $1.68B | $1.86B | $2.12B | $2.04B | $1.84B | $1.78B | $3.14B | $2.98B | $2.42B |
| YoY Growth | -9.8% | -12.3% | 4.0% | 11.2% | 3.1% | -43.3% | 5.3% | 23.4% | - |
| Cost of Revenue | $1.32B | $1.55B | $1.8B | $1.75B | $1.67B | $1.67B | $2.95B | $2.84B | $2.29B |
| Gross Profit | $356.3M | $312.5M | $326.3M | $296.36M | $165.2M | $110.26M | $187.69M | $148.28M | $128M |
| Gross Margin | 21.2% | 16.8% | 15.4% | 14.5% | 9.0% | 6.2% | 6.0% | 5.0% | 5.3% |
| Research and Development | $41.3M | $40.8M | $34.2M | $15.14M | $10.3M | $3.84M | $1.01M | $4.91M | $2.45M |
| Selling, General, and Administrative | $285.6M | $261.8M | $318.9M | $162.16M | $121.4M | $114.91M | $119.93M | $107.3M | $102.14M |
| Other | $4.6M | $3.6M | $2.8M | $2.3M | $4.1M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $331.5M | $306.2M | $355.9M | $164.46M | $135.8M | $119.94M | $119.41M | $107.56M | $101.01M |
| Operating Income (EBIT) | $24.8M | $6.3M | -$29.6M | $131.9M | $29.4M | -$9.68M | $67.76M | $40.98M | $25.85M |
| Operating Margin | 1.5% | 0.3% | -1.4% | 6.5% | 1.6% | -0.5% | 2.2% | 1.4% | 1.1% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $1.63M | $0 | $0 | $0 |
| Interest Income | $13M | $1.6M | $300K | $12K | $0 | $0 | $2.56M | $362K | $305K |
| Other Income (Expense) | $13.3M | $300K | $3.3M | $544K | $1.4M | $8.9M | $3.07M | $100K | $1.44M |
| Income Before Tax (EBT) | $38.1M | $6.6M | -$26.3M | $132.44M | $30.8M | -$784K | $70.83M | $41.08M | $27.29M |
| Income Tax Expense | $9.9M | $7M | $13.1M | $29.97M | $7.7M | -$628K | $25.87M | $15.34M | $10.63M |
| Net Income | $28.2M | -$400K | -$39.4M | $102.5M | $23.1M | -$156K | $37.12M | $21.18M | $9.14M |
| Net Income Margin | 1.7% | -0.0% | -1.9% | 5.0% | 1.3% | -0.0% | 1.2% | 0.7% | 0.4% |
| Supplementary Data | |||||||||
| EPS | 0.14 | -0.00 | -0.22 | 0.44 | 0.10 | -0.00 | 2.17 | 1.25 | 0.54 |
| Diluted EPS | 0.14 | -0.00 | -0.22 | 0.44 | 0.10 | -0.00 | 2.17 | 1.25 | 0.54 |
| Weighted Average OS | 196.30M | 193.10M | 175.50M | 183.97M | 183.97M | 183.71M | 17.11M | 16.95M | 16.93M |
| EBITDA | $32.2M | $10.2M | -$26.8M | $134.74M | $34.91M | -$4.65M | $70.2M | $43.91M | $28.38M |
| EBITDA Margin | 1.9% | 0.5% | -1.3% | 6.6% | 1.9% | -0.3% | 2.2% | 1.5% | 1.2% |
Balance Sheet
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $221.6M | $288.7M | $331.6M | $207.73M | $176.58M | $97.5M | $126.49M |
| Short-Term Investments | $129.9M | $58.9M | $0 | $0 | $0 | $124.15M | $31.38M |
| Cash and Short-Term Investments | $351.5M | $347.6M | $331.6M | $207.73M | $176.58M | $221.65M | $157.87M |
| Accounts Receivable | $390.2M | $361.8M | $406.4M | $405.6M | $366.89M | $411.79M | $393.63M |
| Inventory | $6.8M | $15.5M | $11.9M | $10.54M | $13.25M | $42.31M | $38.89M |
| Other Current Assets | $45.9M | $53.5M | $84.8M | $55.46M | $36.28M | $98.51M | $87.98M |
| Total Current Assets | $794.4M | $778.4M | $834.7M | $681.63M | $593M | $774.26M | $678.37M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $33.5M | $19.9M | $10.3M | $7.93M | $7.73M | $11.74M | $10.6M |
| Goodwill | $44.8M | $44.8M | $44.8M | $44.79M | $44.79M | $2.44M | $0 |
| Intangible Assets | $0 | $0 | $0 | $131K | $769K | $2.12M | $1.26M |
| Long-Term Investments | $500K | $500K | $500K | $500K | $500K | $500K | $500K |
| Deferred Tax Assets | $49.6M | $51.2M | $30.4M | $26.65M | $28.58M | $0 | $0 |
| Other Long-Term Assets | $37.9M | $20.9M | $15.1M | $13.35M | $8.97M | $6.64M | $805K |
| Total Long-Term Assets | $166.3M | $137.3M | $101.1M | $93.35M | $91.34M | $23.44M | $13.17M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $960.7M | $915.7M | $935.8M | $774.98M | $684.34M | $797.7M | $691.54M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $157.8M | $265.4M | $343.7M | $376.2M | $390.83M | $586.54M | $519M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $2.74M | $2.86M | $0 | $0 |
| Current Unearned Revenue | $0 | $51.2M | -$2.4M | -$2.86M | -$1.77M | $0 | $0 |
| Other Current Liabilities | $180.8M | $5.5M | $225.8M | $230.47M | $230.61M | $1.25M | $0 |
| Total Current Liabilities | $492M | $523.2M | $591.1M | $617.54M | $637.9M | $708.76M | $634.05M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | -$5.1M | -$3.27M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $1.59M | $777K | $0 | $0 |
| Other Long-Term Liabilities | $8.4M | $7.3M | $7.6M | $6.62M | $4.58M | $0 | $0 |
| Total Long-Term Liabilities | $19.4M | $18.8M | $14.1M | $8.21M | $5.36M | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $511.4M | $542M | $605.2M | $625.75M | $643.26M | $708.76M | $634.05M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $2.56M | $2.44M | $2.05M | $2M |
| Common Stock | $0 | $0 | $0 | $98.9M | $93.95M | $10.93M | $8.71M |
| Retained Earnings | $35.3M | $7.1M | $7.5M | $46.89M | -$55.46M | $66.26M | $46.35M |
| Comprehensive Income & Other | -$300K | -$300K | -$200K | $873K | $152K | -$1.13M | -$20K |
| Other Stockholders' Equity | $414M | $366.6M | $323.1M | $3.44M | $2.6M | $927K | $1.98M |
| Total Equity | $449.3M | $373.7M | $330.6M | $149.23M | $41.08M | $78.11M | $57.03M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $960.7M | $915.7M | $935.8M | $774.98M | $684.34M | $786.87M | $691.09M |
| Supplementary Data | |||||||
| Total Debt | $14.5M | $15M | $8.9M | $7.99M | $5.04M | $0 | $0 |
| Net Debt | -$207.1M | -$273.7M | -$322.7M | -$199.74M | -$171.53M | -$97.5M | -$126.49M |
Cash Flow Statement
| Period | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | |||||||||
| Net Income | $28.2M | -$400K | -$39.4M | $102.47M | $23.1M | -$156K | $44.96M | $25.74M | $16.66M |
| Depreciation & Amortization | $7.4M | $3.6M | $2.8M | $2.3M | $4.1M | $5.03M | $2.44M | $2.94M | $2.53M |
| Deferred Income Tax | $1.6M | -$20.8M | -$3.7M | $1.92M | -$600K | $12.35M | $0 | $0 | $0 |
| Stock-Based Compensation | $43.5M | $42.5M | $134.4M | $4.8M | $6M | $5.24M | $490K | $1.36M | $1.92M |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$30.4M | $17M | $30.5M | -$44.86M | $130.5M | -$46.72M | -$17.9M | $104.84M | -$123.96M |
| Inventory | $8.7M | -$3.7M | -$1.4M | $2.72M | $13.1M | $9.75M | -$3.42M | -$23.1M | $8.59M |
| Accounts Payable | $100K | -$78.3M | -$32.5M | -$14.36M | -$104M | $17.15M | $0 | $0 | $0 |
| Other Working Capital | -$56.9M | $68.8M | -$48.8M | -$22.67M | $7.7M | $599K | $26.71M | $25.79M | $0 |
| Total Working Capital Change | -$78.5M | $3.8M | -$52.2M | -$79.17M | $47.3M | -$19.21M | $5.39M | $107.53M | -$115.37M |
| Other Non-Cash Items | -$3M | $400K | $172.4M | -$28K | $0 | $0 | $45.2M | -$128.51M | $75.9M |
| Net Cash from Operating | -$800K | $29.1M | $41.9M | $32.3M | $79.9M | $3.24M | $98.49M | $9.05M | $95.08M |
| Investing Activities | |||||||||
| Capital Expenditures | -$2.9M | -$13.1M | -$4.4M | -$1.75M | -$800K | -$443K | -$3.14M | -$2.77M | -$1.74M |
| Acquisitions | $0 | $59.9M | $0 | $0 | $0 | $0 | -$3.33M | $0 | $0 |
| Purchases of Investments | -$201M | -$74.9M | -$200K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $133.5M | $15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$67.5M | -$59.9M | -$200K | $0 | $0 | $0 | -$97.9M | -$15.04M | $24.7M |
| Net Cash from Investing | -$70.4M | -$73M | -$4.6M | -$1.75M | -$800K | -$443K | -$104.36M | -$17.81M | $22.96M |
| Financing Activities | |||||||||
| Debt Repaid | - | - | - | - | - | $15M | - | - | - |
| Common Stock Issuance | $4.6M | $12M | $148M | $175K | $187K | $70M | $0 | $0 | $0 |
| Common Stock Repurchases | -$600K | -$12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | -$25M | -$20M | -$44M |
| Other Financing Activities | $4M | $1.1M | -$59.7M | $175K | $200K | $72K | $1.88M | $127K | -$538K |
| Net Cash from Financing | $4M | $1.1M | $87.7M | $175K | $200K | $55.07M | -$23.12M | -$19.87M | -$44.54M |
| Forex Effect | $100K | -$100K | -$1.1M | $429K | $100K | $330K | $0 | $0 | $0 |
| Net Change in Cash | -$67.1M | -$42.9M | $123.9M | $31.15M | $79.4M | $58.2M | -$28.99M | -$28.63M | $73.51M |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$800K | $29.1M | $41.9M | $32.3M | $79.9M | $3.24M | $98.49M | $9.05M | $95.08M |
| Capital Expenditure | -$2.9M | -$13.1M | -$4.4M | -$1.75M | -$800K | -$443K | -$3.14M | -$2.77M | -$1.74M |
| Free Cash Flow | -$3.7M | $16M | $37.5M | $30.55M | $79.1M | $2.8M | $95.35M | $6.28M | $93.34M |
| Cash at Beginning | $288.7M | $331.6M | $207.7M | $176.58M | $97.2M | $38.98M | $126.49M | $155.12M | $81.61M |
| Cash at End | $221.6M | $288.7M | $331.6M | $207.73M | $176.6M | $97.18M | $97.5M | $126.49M | $155.12M |