Koss Corporation, together with its subsidiaries, designs, manufactures, and sells stereo headphones and related accessories in the United States, the Czech Republic, Sweden, Canada, the Russian Federation, Japan, Malaysia, and internationally. It offers high-fidelity headphones, wireless Bluetooth headphones, wireless Bluetooth speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and compact disc recordings under the Koss Classics label. The company sells its products through distributors, international distributors, audio specialty stores, the internet, national retailers, grocery stores, electronics retailers, military exchanges, and prisons under the Koss name, as well as private label. It also sells its products to distributors for resale to school systems, as well as directly to other manufacturers. The company also exports its products. Koss Corporation was founded in 1953 and is headquartered in Milwaukee, Wisconsin.
Company profile
Ticker
KOSS
Exchange
Website
CEO
Mr. Michael J. Koss
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN INTERNATIONAL GROUP INC
SEC CIK
Corporate docs
Subsidiaries
Koss U.K. Limited • Koss B.V. ...
IRS number
391168275
KOSS stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
21 Oct 24
ARS
2024 FY
Annual report to shareholders
29 Aug 24
DEFA14A
Additional proxy soliciting materials
29 Aug 24
DEF 14A
Definitive proxy
29 Aug 24
10-K
2024 FY
Annual report
29 Aug 24
8-K
Koss Corporation Releases Fourth Quarter and Full Year Results
29 Aug 24
SD
Conflict minerals disclosure
15 May 24
10-Q
2024 Q3
Quarterly report
9 May 24
8-K
Koss Corporation Releases Third Quarter Results
9 May 24
10-Q
2024 Q2
Quarterly report
2 Feb 24
Latest ownership filings
4
MICHAEL J KOSS
31 May 24
4
JOHN C KOSS JR
21 May 24
3
LENORE LILLIE
21 Aug 23
4
Family Trust, Dated 9/11/12 Koss
30 Jun 22
4
Change in insider ownership
30 Jun 22
SC 13D/A
KOSS MICHAEL J
3 Jun 22
SC 13D/A
KOSS JOHN C JR
3 Jun 22
4
William Jesse Sweasy
3 Jun 22
4
MICHAEL J KOSS
3 Jun 22
4
JOHN C KOSS JR
3 Jun 22
Financial summary
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Diluted EPS |
Annual (USD) | Jun 24 | Jun 23 | Jun 22 | Jun 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.84 mm | 2.84 mm | 2.84 mm | 2.84 mm | 2.84 mm | 2.84 mm |
Cash burn (monthly) | 25.20 k | 21.17 k | 105.92 k | 156.01 k | 57.99 k | 15.88 k |
Cash used (since last report) | 94.62 k | 79.48 k | 397.74 k | 585.84 k | 217.76 k | 59.62 k |
Cash remaining | 2.74 mm | 2.76 mm | 2.44 mm | 2.25 mm | 2.62 mm | 2.78 mm |
Runway (months of cash) | 108.8 | 130.3 | 23.0 | 14.4 | 45.2 | 174.9 |
Institutional ownership, Q2 2024
13.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 7 |
Opened positions | 5 |
Closed positions | 3 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 1.03 bn |
Total shares | 1.23 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Koss Michael J Jr | 1.00 mm | $35.03 mm |
Dimensional Fund Advisors | 145.96 k | $649.51 mm |
Geode Capital Management | 59.47 k | $264.67 mm |
James Investment Research | 10.58 k | $47.06 mm |
PNC The PNC Financial Services Group, Inc. | 7.00 k | $31.15 mm |
Activest Wealth Management | 1.00 k | $4.45 mm |
Creative Financial Designs | 300.00 | $1.34 mm |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 May 24 | Koss Michael J | Common Stock | Other | Dispose J | Yes | No | 0 | 15,000 | 0.00 | 12,000 |
20 May 24 | Koss John C JR | Common Stock | Sell | Dispose S | No | No | 5.25 | 25,000 | 131.25 k | 196,028 |
20 May 24 | Koss John C JR | Common Stock | Option exercise | Acquire M | No | No | 2.17 | 25,000 | 54.25 k | 221,028 |
20 May 24 | Koss John C JR | Stock Option Common Stock | Option exercise | Dispose M | No | No | 2.17 | 25,000 | 54.25 k | 25,000 |
News
GameStop Reposts ModRetro X Post Saying "You asked, we answered. Preorder Chromatic games and our exclusive @KossHeadphones with @GameStop"
26 Sep 24
(KOSS) - Analyzing Koss's Short Interest
18 Sep 24
KossHeadphones Posts Video On X Of Headphones, With A Release Date Of 09.16; Shares See A Pop In Volume
13 Sep 24
EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In July 2024 – Where Do Tesla, Nvidia, Apple, CrowdStrike Rank?
1 Aug 24