VIZIO Holding (VZIO) Financial Statements
Price: $11.35
Market Cap: $2.30B
Avg Volume: -
Market Cap: $2.30B
Avg Volume: -
Country: US
Industry: Consumer Electronics
Sector: Technology
Industry: Consumer Electronics
Sector: Technology
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of VIZIO Holding.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2014 | December 31, 2013 | December 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.68B | $1.86B | $2.12B | $2.04B | $1.84B | $1.78B | $3.14B | $2.98B | $2.42B |
| Cost of Revenue | $1.32B | $1.55B | $1.80B | $1.75B | $1.67B | $1.67B | $2.95B | $2.84B | $2.29B |
| Gross Profit | $356.30M | $312.50M | $326.30M | $296.36M | $165.20M | $110.26M | $187.69M | $148.28M | $128.00M |
| Gross Profit Ratio | 21.20% | 16.78% | 15.40% | 14.51% | 8.99% | 6.19% | 5.97% | 4.97% | 5.29% |
| Research and Development Expenses | $41.30M | $40.80M | $34.20M | $15.14M | $10.30M | $3.84M | $1.01M | $4.91M | $2.45M |
| General and Administrative Expenses | $248.80M | $220.70M | $286.10M | $130.88M | $98.70M | $95.75M | $78.98M | $72.24M | $68.01M |
| Selling and Marketing Expenses | $36.80M | $41.10M | $32.80M | $31.28M | $22.70M | $19.16M | $40.95M | $35.06M | $34.14M |
| Selling General and Administrative Expenses | $285.60M | $261.80M | $318.90M | $162.16M | $121.40M | $114.91M | $119.93M | $107.30M | $102.14M |
| Other Expenses | $4.60M | $3.60M | $2.80M | $2.30M | $4.10M | $10.53M | $- | $- | $- |
| Operating Expenses | $331.50M | $306.20M | $355.90M | $164.46M | $135.80M | $119.94M | $119.41M | $107.56M | $101.01M |
| Cost and Expenses | $1.66B | $1.86B | $2.15B | $1.91B | $1.81B | $1.79B | $3.07B | $2.94B | $2.39B |
| Interest Income | $- | $1.60M | $300.00K | $12.00K | $- | $- | $2.56M | $362.00K | $305.00K |
| Interest Expense | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $7.40M | $3.60M | $2.80M | $5.55M | $7.67M | $10.09M | $2.44M | $2.94M | $2.53M |
| EBITDA | $32.20M | $9.90M | $-26.80M | $134.20M | $30.50M | $-4.65M | $70.20M | $43.91M | $28.38M |
| EBITDA Ratio | 1.92% | 0.53% | -1.26% | 6.57% | 1.82% | -0.26% | 2.23% | 1.47% | 1.17% |
| Operating Income | $24.80M | $6.30M | $-29.60M | $131.90M | $29.40M | $-9.68M | $67.76M | $40.98M | $25.85M |
| Operating Income Ratio | 1.48% | 0.34% | -1.39% | 6.46% | 1.60% | -0.54% | 2.16% | 1.37% | 1.07% |
| Total Other Income Expenses Net | $13.30M | $300.00K | $3.30M | $544.00K | $1.40M | $8.90M | $3.07M | $100.00K | $1.44M |
| Income Before Tax | $38.10M | $6.60M | $-26.30M | $132.44M | $30.80M | $-784.00K | $70.83M | $41.08M | $27.29M |
| Income Before Tax Ratio | 2.27% | 0.35% | -1.24% | 6.48% | 1.68% | -0.04% | 2.25% | 1.38% | 1.13% |
| Income Tax Expense | $9.90M | $7.00M | $13.10M | $29.97M | $7.70M | $-628.00K | $25.87M | $15.34M | $10.63M |
| Net Income | $28.20M | $-400.00K | $-39.40M | $102.50M | $23.10M | $-156.00K | $37.12M | $21.18M | $9.14M |
| Net Income Ratio | 1.68% | -0.02% | -1.85% | 5.02% | 1.26% | -0.01% | 1.18% | 0.71% | 0.38% |
| EPS | $0.14 | $0.00 | $-0.22 | $0.44 | $0.10 | $0.00 | $2.17 | $1.25 | $0.54 |
| EPS Diluted | $0.14 | $0.00 | $-0.22 | $0.44 | $0.10 | $0.00 | $2.17 | $1.25 | $0.54 |
| Weighted Average Shares Outstanding | 196.30M | 193.10M | 175.50M | 183.97M | 183.97M | 183.71M | 17.11M | 16.95M | 16.93M |
| Weighted Average Shares Outstanding Diluted | 200.40M | 193.10M | 175.50M | 183.97M | 183.97M | 183.71M | 17.14M | 16.98M | 17.05M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2014 | December 31, 2013 |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $221.60M | $288.70M | $331.60M | $207.73M | $176.58M | $97.50M | $126.49M |
| Short Term Investments | $129.90M | $58.90M | $- | $- | $- | $124.15M | $31.38M |
| Cash and Short Term Investments | $351.50M | $347.60M | $331.60M | $207.73M | $176.58M | $221.65M | $157.87M |
| Net Receivables | $390.20M | $361.80M | $406.40M | $405.60M | $366.89M | $411.79M | $393.63M |
| Inventory | $6.80M | $15.50M | $11.90M | $10.54M | $13.25M | $42.31M | $38.89M |
| Other Current Assets | $45.90M | $53.50M | $84.80M | $57.76M | $36.28M | $98.51M | $87.98M |
| Total Current Assets | $794.40M | $778.40M | $834.70M | $681.63M | $593.00M | $774.26M | $678.37M |
| Property Plant Equipment Net | $33.50M | $19.90M | $10.30M | $7.93M | $7.73M | $11.74M | $10.60M |
| Goodwill | $44.80M | $44.80M | $44.80M | $44.79M | $44.79M | $2.44M | $- |
| Intangible Assets | $- | $- | $- | $131.00K | $769.00K | $2.12M | $1.26M |
| Goodwill and Intangible Assets | $44.80M | $44.80M | $44.80M | $44.92M | $45.56M | $4.56M | $1.26M |
| Long Term Investments | $500.00K | $500.00K | $500.00K | $500.00K | $500.00K | $500.00K | $500.00K |
| Tax Assets | $49.60M | $51.20M | $30.40M | $26.65M | $28.58M | $- | $- |
| Other Non-Current Assets | $37.90M | $20.90M | $15.10M | $13.35M | $8.97M | $6.64M | $805.00K |
| Total Non-Current Assets | $166.30M | $137.30M | $101.10M | $93.35M | $91.34M | $23.44M | $13.17M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $960.70M | $915.70M | $935.80M | $774.98M | $684.34M | $797.70M | $691.54M |
| Account Payables | $266.90M | $265.40M | $343.70M | $376.20M | $390.83M | $586.54M | $519.00M |
| Short Term Debt | $3.50M | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $2.74M | $2.86M | $- | $- |
| Deferred Revenue | $- | $51.20M | $-2.40M | $-2.86M | $-1.77M | $- | $- |
| Other Current Liabilities | $221.60M | $257.80M | $247.40M | $238.60M | $244.21M | $122.22M | $115.06M |
| Total Current Liabilities | $492.00M | $523.20M | $591.10M | $617.54M | $637.90M | $708.76M | $634.05M |
| Long Term Debt | $11.00M | $11.50M | $6.50M | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $-11.50M | $-6.50M | $-5.10M | $-3.27M | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $3.60M | $2.50M | $1.59M | $777.00K | $- | $- |
| Other Non-Current Liabilities | $8.40M | $7.30M | $7.60M | $6.62M | $4.58M | $- | $- |
| Total Non-Current Liabilities | $19.40M | $18.80M | $14.10M | $8.21M | $5.36M | $- | $- |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $511.40M | $542.00M | $605.20M | $625.75M | $643.26M | $708.76M | $634.05M |
| Preferred Stock | $- | $- | $- | $2.56M | $2.44M | $2.05M | $2.00M |
| Common Stock | $- | $- | $- | $98.90M | $93.95M | $10.93M | $8.71M |
| Retained Earnings | $35.30M | $7.10M | $7.50M | $46.89M | $-55.46M | $66.26M | $46.35M |
| Accumulated Other Comprehensive Income Loss | $-300.00K | $-300.00K | $-200.00K | $873.00K | $152.00K | $-1.13M | $-20.00K |
| Other Total Stockholders Equity | $414.30M | $366.90M | $323.30M | $98.90M | $- | $1 | $-0 |
| Total Stockholders Equity | $449.30M | $373.70M | $330.60M | $149.23M | $41.08M | $78.11M | $57.03M |
| Total Equity | $449.30M | $373.70M | $330.60M | $149.23M | $41.08M | $78.11M | $57.03M |
| Total Liabilities and Stockholders Equity | $960.70M | $915.70M | $935.80M | $774.98M | $684.34M | $786.87M | $691.09M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $960.70M | $915.70M | $935.80M | $774.98M | $684.34M | $786.87M | $691.09M |
| Total Investments | $130.40M | $58.90M | $500.00K | $500.00K | $500.00K | $124.65M | $31.88M |
| Total Debt | $14.50M | $15.00M | $8.90M | $7.99M | $5.04M | $- | $- |
| Net Debt | $-207.10M | $-273.70M | $-322.70M | $-199.74M | $-171.53M | $-97.50M | $-126.49M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2014 | December 31, 2013 | December 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | $28.20M | $-400.00K | $-39.40M | $102.47M | $23.10M | $-156.00K | $44.96M | $25.74M | $16.66M |
| Depreciation and Amortization | $7.40M | $3.60M | $2.80M | $2.30M | $4.10M | $5.03M | $2.44M | $2.94M | $2.53M |
| Deferred Income Tax | $1.60M | $-20.80M | $-3.70M | $1.92M | $-600.00K | $12.35M | $- | $- | $- |
| Stock Based Compensation | $43.50M | $42.50M | $134.40M | $4.80M | $6.00M | $5.24M | $490.00K | $1.36M | $1.92M |
| Change in Working Capital | $-78.50M | $3.80M | $-52.20M | $-79.17M | $47.30M | $-19.21M | $5.39M | $107.53M | $-115.37M |
| Accounts Receivables | $-30.40M | $17.00M | $30.50M | $-44.86M | $130.50M | $-46.72M | $-17.90M | $104.84M | $-123.96M |
| Inventory | $8.70M | $-3.70M | $-1.40M | $2.72M | $13.10M | $9.75M | $-3.42M | $-23.10M | $8.59M |
| Accounts Payables | $100.00K | $-78.30M | $-32.50M | $-14.36M | $-104.00M | $17.15M | $- | $- | $- |
| Other Working Capital | $-56.90M | $68.80M | $-48.80M | $-22.67M | $7.70M | $599.00K | $26.71M | $25.79M | $- |
| Other Non Cash Items | $-3.00M | $400.00K | $172.40M | $87.35M | $-15.55M | $39.93M | $45.20M | $-128.51M | $75.90M |
| Net Cash Provided by Operating Activities | $-800.00K | $29.10M | $41.90M | $32.30M | $79.90M | $3.24M | $98.49M | $9.05M | $95.08M |
| Investments in Property Plant and Equipment | $-2.90M | $-13.10M | $-4.40M | $-1.75M | $-800.00K | $-443.00K | $-3.14M | $-2.77M | $-1.74M |
| Acquisitions Net | $- | $59.90M | $- | $- | $- | $- | $-3.33M | $- | $- |
| Purchases of Investments | $-201.00M | $-74.90M | $-200.00K | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $133.50M | $15.00M | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $-59.90M | $-200.00K | $- | $- | $- | $-97.90M | $-15.04M | $24.70M |
| Net Cash Used for Investing Activities | $-70.40M | $-73.00M | $-4.60M | $-1.75M | $-800.00K | $-443.00K | $-104.36M | $-17.81M | $22.96M |
| Debt Repayment | $- | $- | $- | $- | $- | $-15.00M | $- | $- | $- |
| Common Stock Issued | $4.60M | $12.00M | $148.00M | $175.00K | $187.00K | $70.00M | $- | $- | $- |
| Common Stock Repurchased | $-600.00K | $-12.00M | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $-600.00K | $- | $- | $- | $-25.00M | $-20.00M | $-44.00M |
| Other Financing Activities | $4.00M | $1.10M | $-59.70M | $175.00K | $200.00K | $72.00K | $1.88M | $127.00K | $-538.00K |
| Net Cash Used Provided by Financing Activities | $4.00M | $1.10M | $87.70M | $175.00K | $200.00K | $55.07M | $-23.12M | $-19.87M | $-44.54M |
| Effect of Forex Changes on Cash | $100.00K | $-100.00K | $-1.10M | $429.00K | $100.00K | $330.00K | $- | $- | $- |
| Net Change in Cash | $-67.10M | $-42.90M | $123.90M | $31.15M | $79.40M | $58.20M | $-28.99M | $-28.63M | $73.51M |
| Cash at End of Period | $221.60M | $288.70M | $331.60M | $207.73M | $176.60M | $97.18M | $97.50M | $126.49M | $155.12M |
| Cash at Beginning of Period | $288.70M | $331.60M | $207.70M | $176.58M | $97.20M | $38.98M | $126.49M | $155.12M | $81.61M |
| Operating Cash Flow | $-800.00K | $29.10M | $41.90M | $32.30M | $79.90M | $3.24M | $98.49M | $9.05M | $95.08M |
| Capital Expenditure | $-2.90M | $-13.10M | $-4.40M | $-1.75M | $-800.00K | $-443.00K | $-3.14M | $-2.77M | $-1.74M |
| Free Cash Flow | $-3.70M | $16.00M | $37.50M | $30.55M | $79.10M | $2.80M | $95.35M | $6.28M | $93.34M |