Corsair Gaming, Inc.

CRSR

CRSRCorsair Gaming, Inc. US flag

NASDAQ Global Select

9.88

USD

+0.43

- -

1.06BMarket Cap

Income Statement (USD)

API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	938	1,097	1,702	1,904	1,375	1,460	1,316	1,472
+ Sales & Services Revenue	938	1,097	1,702	1,904	1,375	1,460	1,316	1,472
- Cost of Revenue	745	873	1,237	1,390	1,078	1,100	989	1,047
+ Cost of Goods & Services	745	873	1,237	1,390	1,078	1,100	989	1,047
Gross Profit	193	224	465	514	297	360	328	426
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	171	201	307	376	351	351	378	424
+ Selling, General & Admin	139	163	257	316	285	285	310	355
+ Research & Development	32	38	50	60	66	65	68	69
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	22	24	158	138	-55	10	-50	2
- Non-Operating (Income) Loss	32	37	36	23	9	13	12	14
+ Interest Expense, Net	33	36	31	13	9	11	10	8
+ Interest Expense	33	36	31	13	10	17	13	9
- Interest Income	- -	- -	- -	- -	- -	7	3	2
+ Other Non-Op (Income) Loss	- -	2	5	11	- -	3	2	7
Pretax Income	-11	-13	122	115	-64	-3	-62	-12
- Income Tax Expense (Benefit)	3	-5	19	14	-10	-2	22	3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-14	-8	103	101	-54	-1	-83	-15
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	1	3	4	2
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	1	3	4	2
Income (Loss) Incl. MI	-14	-8	103	101	-55	-4	-87	-17
- Minority Interest	- -	- -	- -	- -	- -	-2	-2	-1
Net Income, GAAP	-14	-8	103	101	-54	-3	-85	-16
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-14	-8	103	101	-54	-3	-85	-16
EBIT	22	24	158	138	-55	10	-50	2
EBITDA	58	61	202	183	-1	60	2	56
EBITDA Margin (%)	6.22	5.58	11.84	9.61	-0.09	4.14	0.15	3.82
EBITA	22	24	158	138	-55	10	-50	2
Gross Margin (%)	20.55	20.44	27.34	26.99	21.57	24.68	24.89	28.92
Operating Margin (%)	2.32	2.16	9.3	7.24	-3.98	0.66	-3.79	0.14
Profit Margin (%)	-1.46	-0.77	6.06	5.3	-3.96	-0.18	-6.47	-1.1
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.93	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	37	38	43	45	54	51	52	54
Basic Weighted Avg Shares	92	92	86	93	96	102	104	106
Basic EPS, GAAP	-0.15	-0.09	1.2	1.08	-0.56	-0.03	-0.82	-0.15
Basic EPS from Cont Ops	-0.15	-0.09	1.2	1.08	-0.56	-0.01	-0.8	-0.14
Diluted Weighted Avg Shares	92	92	91	100	96	106	104	106
Diluted EPS, GAAP	-0.15	-0.09	1.14	1.01	-0.56	-0.02	-0.82	-0.15
Diluted EPS from Cont Ops	-0.15	-0.09	1.14	1.01	-0.56	-0.01	-0.8	-0.14

Balance Sheet (USD)

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	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	316	430	691	706	623	712	623	665
+ Cash, Cash Equivalents & STI	26	48	130	62	151	176	107	97
+ Cash & Cash Equivalents	26	48	130	62	151	176	107	97
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	122	202	294	291	236	253	219	234
+ Accounts Receivable, Net	122	202	294	291	236	253	219	234
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	149	151	226	298	193	240	260	303
+ Raw Materials	23	26	52	62	50	65	55	73
+ Work In Process	5	3	10	5	4	5	15	13
+ Finished Goods	121	123	164	231	139	170	190	218
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	20	28	42	54	43	43	38	31
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	495	630	623	632	674	646	612	588
+ Property, Plant & Equip, Net	12	15	42	68	80	69	82	89
+ Property, Plant & Equip	19	28	66	97	113	104	124	138
- Accumulated Depreciation	6	13	23	29	32	36	42	49
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	482	615	581	563	594	577	530	499
+ Total Intangible Assets	474	604	572	543	564	543	519	483
+ Goodwill	227	313	313	317	348	355	354	358
+ Other Intangible Assets	248	291	259	226	216	188	164	125
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	8	11	9	21	30	35	12	16
Total Assets	811	1,060	1,314	1,337	1,297	1,357	1,236	1,254
+ Payables & Accruals	168	262	442	385	299	368	335	374
+ Accounts Payable	155	182	300	236	172	240	207	213
+ Accrued Taxes	5	9	22	6	15	11	9	11
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	8	72	120	143	113	118	118	150
+ ST Debt	29	2	9	14	18	22	28	23
+ ST Borrowings	29	2	- -	5	6	12	12	6
+ ST Finance Leases	- -	- -	9	9	11	10	16	16
+ Other ST Liabilities	23	35	55	47	26	28	34	34
+ Deferred Revenue	- -	4	- -	7	6	7	7	9
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	23	31	55	41	20	21	26	25
Total Current Liabilities	219	300	505	447	343	418	396	431
+ LT Debt	394	503	339	294	278	225	209	168
+ LT Borrowings	394	503	321	243	232	186	161	115
+ LT Finance Leases	- -	- -	18	51	45	39	48	53
+ Other LT Liabilities	35	40	32	28	21	20	11	9
+ Accrued Liabilities	35	34	30	26	18	17	7	6
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	6	3	3	3	3	4	3
Total Noncurrent Liabilities	429	543	371	322	299	245	220	177
Total Liabilities	648	843	877	769	642	663	616	608
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	258	325	439	470	593	631	668	705
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	258	325	439	470	593	631	668	705
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-93	-106	-3	98	37	40	-59	-71
+ Other Equity	-2	-2	2	- -	-7	-3	-5	-1
Equity Before Minority Interest	163	217	437	568	624	668	604	634
+ Minority/Non Controlling Interest	- -	- -	- -	- -	32	26	15	12
Total Equity	163	217	437	568	655	694	619	646
Total Liabilities & Equity	811	1,060	1,314	1,337	1,297	1,357	1,236	1,254
Shares Outstanding	92	92	92	95	101	103	105	107
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	27	61	57	48	64	69
Net Debt	397	458	192	185	87	23	67	24
Net Debt to Equity	244.05	211.12	43.86	32.6	13.35	3.25	10.74	3.74
Tangible Common Equity Ratio	-92.66	-84.88	-18.15	3.2	12.47	18.57	14.07	21.12
Current Ratio	1.44	1.43	1.37	1.58	1.82	1.7	1.57	1.54
Cash Conversion Cycle	- -	46.43	41.8	58.04	76.46	67.42	76.82	84.03

Cash Flow Statement (USD)

API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-14	-8	103	101	-54	-1	-83	-15
+ Depreciation & Amortization	37	38	43	45	54	51	52	54
+ Non-Cash Items	3	-5	8	15	5	29	45	34
+ Stock-Based Compensation	3	4	6	17	22	31	31	33
+ Deferred Income Taxes	-3	-12	-7	-12	-22	-6	11	-7
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	3	3	9	10	5	4	3	7
+ Chg in Non-Cash Work Cap	-26	13	15	-141	62	11	22	-23
+ (Inc) Dec in Accts Receiv	-7	-48	-91	- -	56	-18	32	-18
+ (Inc) Dec in Inventories	-30	16	-80	-71	111	-39	18	-52
+ (Inc) Dec in Prepaid Assets	-11	-2	-8	-13	1	2	6	9
+ Inc (Dec) in Accts Payable	26	16	117	-64	-66	62	-40	6
+ Inc (Dec) in Other	-3	31	78	7	-41	4	5	32
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	37	169	20	66	89	36	50
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-8	-9	-9	-11	-26	-13	-10	-15
+ Acq of Fixed Prod Assets	-8	-9	-9	-11	-26	-13	-10	-15
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	52	119	- -	82	- -	- -	- -
+ Increase in Capital Stock	- -	54	119	- -	82	- -	- -	- -
+ Decrease in Capital Stock	- -	-2	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	-1	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	-1	- -	- -	- -
+ Net Cash From Acq & Div	-30	-126	-1	-5	-20	-14	-42	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	1	- -
+ Cash for Acq of Subs	-30	-126	-1	-5	-20	-14	-43	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	-10	- -	-5	- -	- -	-1	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-39	-145	-10	-21	-47	-27	-53	-15
+ Dividends Paid	-85	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	110	83	-190	-80	-9	-41	-25	-53
+ Cash From Debt	114	114	- -	312	1,403	- -	25	45
+ Repayments of Debt	-3	-31	-190	-392	-1,412	-41	-50	-98
+ Other Financing Activities	22	-3	-7	14	- -	4	-26	4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	47	132	-79	-65	73	-37	-51	-49
Effect of Foreign Exchange Rates	- -	- -	2	-2	-3	- -	-1	3
Net Changes in Cash	9	24	80	-66	92	25	-68	-14
EBITDA	58	61	202	183	-1	60	2	56
EBITDA Margin (%)	6.22	5.58	11.84	9.61	-0.09	4.14	0.15	3.82
Free Cash Flow	-8	28	160	9	40	76	26	35
Net Cash Paid for Acquisitions	30	126	1	5	20	14	42	- -
Free Cash Flow to Firm	- -	- -	186	20	- -	- -	- -	- -
Free Cash Flow to Equity	- -	111	-30	-71	31	35	1	-18
Free Cash Flow per Basic Share	-0.09	0.31	1.85	0.1	0.42	0.75	0.25	0.33
Price/Free Cash Flow	- -	- -	18.44	67.42	14.09	14.7	15.02	9.61
Cash Flow to Net Income	-0.03	-4.42	1.64	0.2	-1.22	-34.42	-0.42	-3.1
Capital Expenditures	-8	-9	-9	-11	-26	-13	-10	-15