CLEARONE INC CLRO
collaboration solutions.
All share and per-share amounts presented in this report (current and historical) have been adjusted to reflect the 15-for-1 reverse stock split effected in June 2025.
obligations. See Note 2 to the Consolidated Financial Statements and the Company's Current Report on
Sale.
Last close
5.09
2026-09-04
Market cap
$13.6M
2026-06-30 share count
52-week range
2.71 - 16.50
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield0.0%
Diluted EPS-14.77
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $18.7M | $25.2M | $29.0M | $29.1M | $25.0M | $28.2M | $41.8M | $48.6M |
| Cost of revenue | $328.0K | $194.0K | $12.3M | $15.7M | $17.1M | $16.5M | $13.8M | $14.8M | $17.8M | $19.1M |
| Gross profit | -$328.0K | -$194.0K | $6.4M | $9.5M | $11.9M | $12.6M | $11.2M | $13.4M | $24.0M | $29.5M |
| R&D | — | $3.3M | $3.7M | $4.4M | $5.8M | $5.5M | $5.8M | $7.8M | $9.3M | $8.6M |
| SG&A | $2.5M | $1.2M | $4.6M | $6.8M | $6.9M | $5.9M | $6.0M | $6.0M | $7.2M | $7.3M |
| Total operating expenses | $4.1M | $1.9M | $13.1M | $16.7M | $19.4M | $18.1M | $19.8M | $23.7M | $40.2M | $25.9M |
| Operating income | -$4.4M | -$2.1M | -$6.8M | -$7.2M | -$7.5M | -$5.6M | -$8.6M | -$10.3M | -$16.2M | $3.6M |
| Interest expense | — | — | $537.0K | $420.0K | $514.0K | $436.0K | $26.0K | — | — | — |
| Pre-tax income | -$4.5M | -$1.8M | -$126.0K | $27.5M | -$8.0M | -$5.9M | -$8.4M | -$10.2M | -$15.9M | $3.9M |
| Income tax | $83.0K | $98.0K | $434.0K | $6.9M | $283.0K | $6.4M | $56.0K | $6.4M | $1.7M | $1.4M |
| Net income | -$26.1M | -$9.0M | -$560.0K | $20.6M | -$7.7M | $505.0K | -$8.4M | -$16.7M | -$14.2M | $2.4M |
| EPS, basic | -14.77 | -5.61 | -0.02 | 0.86 | -0.39 | 0.03 | -0.51 | -1.87 | -1.65 | 0.27 |
| EPS, diluted | -14.77 | -5.61 | -0.02 | 0.83 | -0.39 | 0.03 | -0.51 | -1.87 | -1.65 | 0.26 |
| Shares, diluted (wtd. avg.) | $1.8M | $1.6M | $24.0M | $25.2M | $19.9M | $17.3M | $16.6M | $8.9M | $8.6M | $9.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $220.0K | $1.4M | $17.8M | $984.0K | $1.1M | $3.8M | $4.1M | $11.2M | $5.6M | $12.1M |
| Short-term investments | — | $0 | $3.5M | $0 | $1.8M | $1.1M | $3.0M | $951.0K | $2.7M | $5.0M |
| Receivables | — | $2.2M | $3.3M | $3.6M | $5.0M | $5.2M | $5.5M | $6.8M | $7.8M | $7.5M |
| Inventory | $353.0K | $392.0K | $10.6M | $9.0M | $10.0M | $10.5M | $11.4M | $13.2M | $14.4M | $11.4M |
| Total current assets | $1.7M | $18.8M | $43.3M | $77.4M | $29.4M | $29.3M | $25.2M | $34.4M | $33.9M | $40.1M |
| Property, plant and equipment | $0 | $500.0K | $530.0K | $383.0K | $744.0K | $906.0K | $1.0M | $1.4M | $1.5M | $1.5M |
| Goodwill | — | — | — | — | — | — | — | — | $0 | $12.7M |
| Other intangibles | $0 | $1.5M | $1.7M | $2.1M | $25.1M | $19.2M | $14.0M | $10.2M | $6.5M | $5.7M |
| Total assets | $2.3M | $26.5M | $50.7M | $83.8M | $66.2M | $62.3M | $55.1M | $58.9M | $67.9M | $88.1M |
| Accounts payable | $30.0K | $76.0K | $1.9M | $1.3M | $5.4M | $4.0M | $2.9M | $3.7M | $4.1M | $3.5M |
| Short-term debt | — | — | $0 | $3.7M | $3.5M | $672.0K | — | — | — | — |
| Total current liabilities | $1.5M | $3.5M | $4.3M | $8.1M | $11.5M | $7.1M | $6.2M | $6.0M | $10.6M | $9.3M |
| Long-term debt | — | — | $0 | $0 | $1.5M | $3.2M | $2.2M | — | — | — |
| Total liabilities | $3.0M | $5.2M | $6.0M | $9.6M | $14.7M | $12.5M | $10.6M | $6.7M | $11.3M | $10.7M |
| Retained earnings | -$36.1M | -$10.1M | -$1.1M | -$516.0K | -$21.1M | -$13.4M | -$13.9M | -$5.5M | $9.2M | $31.0M |
| Total equity | -$714.0K | $21.3M | $44.7M | $74.1M | $51.5M | $49.8M | $44.5M | $52.2M | $56.6M | $77.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$14.6M | -$8.9M | $54.6M | -$4.2M | -$4.4M | -$982.0K | -$4.7M | -$6.6M | -$9.3M | $7.8M |
| Depreciation and amortisation | $0 | $0 | $238.0K | $263.0K | $378.0K | $422.0K | $512.0K | $497.0K | $1.5M | $1.9M |
| Stock-based compensation | $79.0K | $98.0K | $109.0K | $113.0K | $136.0K | $63.0K | $217.0K | $463.0K | $665.0K | $667.0K |
| Capital expenditure | — | $196.0K | $375.0K | $51.0K | $221.0K | $284.0K | $205.0K | $336.0K | $638.0K | $730.0K |
| Investing cash flow | $0 | $4.5M | -$4.9M | $2.1M | -$8.5M | -$5.5M | -$5.1M | $3.2M | $10.2M | -$922.0K |
| Financing cash flow | $4.0M | -$14.5M | -$32.9M | $2.1M | $10.2M | $6.3M | $2.7M | $9.2M | -$7.5M | -$8.2M |
| Dividends paid | $0 | $14.5M | $29.0M | $0 | — | — | — | $583.0K | $2.2M | $1.8M |
| Buybacks | — | — | — | — | — | — | — | $147.0K | $5.1M | $6.1M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001753926-26-000600.
Others in SIC 3661
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|---|---|---|---|---|
| CIEN | CIENA CORP | $45.52B | 377.6x | 18.8% |
| FN | Fabrinet | $14.60B | 31.2x | 35.7% |
| ADTN | ADTRAN Holdings, Inc. | $578.5M | — | 17.5% |
| CLFD | Clearfield, Inc. | $389.2M | — | 19.6% |
| FIEE | FiEE, Inc. | $33.5M | 39.3x | 867.9% |
| FKWL | FRANKLIN WIRELESS CORP | $28.9M | — | 49.6% |
| SONM | DNA X, Inc. | $4.8M | — | — |
| AUDC | AUDIOCODES LTD | — | — | 1.4% |