Koss (KOSS)

Company Profile

Koss Corporation is an American company that designs and manufactures headphones. Headquartered in Milwaukee, Wisconsin, since 1958, the company invented the first high fidelity stereophones. Koss continues to design and manufacture headphones and audio accessories.

Company profile

Ticker

KOSS

Exchange

NASDAQ

Website

www.koss.com

CEO

Michael J. Koss

Incorporated

Delaware

Location

Wisconsin

Fiscal year end

Jun 30

Sector

Manufacturing > Audio and Video Equipment Manufacturing

Industry (SIC)

Household Audio & Video Equipment

Knowles • VIZIO Holding • Sonos • Universal Electronics • Arlo • Emerson Radio • Genasys • Kemiao Garment Holding • Springs Rejuvenation • Integrated Media Technology Limited ...

SEC CIK

0000056701

Corporate docs

Articles of Incorporation & Bylaws

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Koss U.K. Limited • Koss B.V. ...

IRS number

391168275

KOSS stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

26 Jan 23

Koss Corporation Releases Second Quarter Results

26 Jan 23

8-K

Koss Corporation Releases First Quarter Results

28 Oct 22

Submission of Matters to a Vote of Security Holders

25 Aug 22

25 Aug 22

Koss Corporation Releases Fourth Quarter Results

25 Aug 22

8-K

Regulation FD Disclosure

25 Jul 22

Conflict minerals disclosure

26 May 22

Latest ownership filings

View all

Family Trust, Dated 9/11/12 Koss

30 Jun 22

Change in insider ownership

Financial summary

Financial statements Chart KOSS financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 22	Jun 21	Jun 20	Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	4.81 mm	4.81 mm	4.81 mm	4.81 mm	4.81 mm	4.81 mm
Cash burn (monthly)	5.35 mm	248.04 k	449.27 k	1.92 mm	384.51 k	(no burn)
Cash used (since last report)	15.21 mm	705.03 k	1.28 mm	5.46 mm	1.09 mm	n/a
Cash remaining	-10.40 mm	4.11 mm	3.54 mm	-644.54 k	3.72 mm	n/a
Runway (months of cash)	-1.9	16.6	7.9	-0.3	9.7	n/a

Beta Read what these cash burn values mean

Financial data from Koss earnings reports.

Institutional ownership, Q3 2022

KOSS institutional ownership history Ownership history

17.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	18	19	-5.3%
Opened positions	4	1	+300.0%
Closed positions	5	2	+150.0%
Increased positions	4	6	-33.3%
Reduced positions	5	5	–

13F shares	Current	Prev Q	Change
Total value	38.69 mm	39.16 mm	-1.2%
Total shares	1.58 mm	1.59 mm	-0.8%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Koss Michael J Jr	1.00 mm	$35.03 mm	0.0%
Vanguard	231.04 k	$1.47 mm	+3.0%
Dimensional Fund Advisors	139.67 k	$887.00 k	-2.4%
BLK Blackrock	61.26 k	$389.00 k	-1.2%
Geode Capital Management	61.14 k	$388.00 k	+0.5%
LPL Financial	23.85 k	$151.00 k	0.0%
MS Morgan Stanley	20.00 k	$127.00 k	+4529.9%
NTRS Northern Trust	13.24 k	$84.00 k	-15.2%
Gsa Capital Partners	10.69 k	$68.00 k	NEW
Susquehanna Fundamental Investments	10.20 k	$65.00 k	NEW

Largest transactions	Shares	Bought/sold	Change
Millennium Management	0.00	-38.03 k	EXIT
MS Morgan Stanley	20.00 k	+19.57 k	+4529.9%
STT State Street	0.00	-17.97 k	EXIT
Gsa Capital Partners	10.69 k	+10.69 k	NEW
Susquehanna Fundamental Investments	10.20 k	+10.20 k	NEW
Vanguard	231.04 k	+6.65 k	+3.0%
Dimensional Fund Advisors	139.67 k	-3.37 k	-2.4%
UBS UBS Group AG - Registered Shares	3.51 k	+2.69 k	+324.4%
NTRS Northern Trust	13.24 k	-2.38 k	-15.2%
BLK Blackrock	61.26 k	-756.00	-1.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

KOSS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jun 22	William Jesse Sweasy	Common Stock	Buy	Acquire P	No	No	7.3	2,847	20.78 k	20,000
1 Jun 22	William Jesse Sweasy	Common Stock	Buy	Acquire P	No	No	6.96	17,153	119.38 k	17,153
23 Mar 22	Koss John C JR	Common Stock		Dispose Z	Yes	No	0	983,800	0.00	0
23 Mar 22	Koss John C JR	Common Stock		Dispose Z	Yes	No	0	707,949	0.00	0
23 Mar 22	Koss John C JR	Common Stock		Dispose Z	Yes	No	0	1,000,885	0.00	0
23 Mar 22	Koss Michael J	Common Stock		Acquire Z	Yes	No	0	2,696,634	0.00	2,696,634
23 Mar 22	Koss Michael J	Common Stock		Dispose Z	Yes	No	0	983,800	0.00	0
23 Mar 22	Koss Michael J	Common Stock		Dispose Z	Yes	No	0	707,949	0.00	0
23 Mar 22	Koss Michael J	Common Stock		Dispose Z	Yes	No	0	1,000,885	0.00	0
23 Mar 22	KFT	Common Stock		Dispose Z	No	No	0	983,800	0.00	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

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Press releases

From Benzinga Pro

Koss Corporation Releases Second Quarter Results

26 Jan 23

MILWAUKEE, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ:KOSS) (the "Company"), the U.S. based high-fidelity headphone company, has reported its results for the second quarter ended December 31, 2022.