Company name:

Roku Inc

  • IPO SHARE PRICE:
    $14.00
  • IPO DATE:
    September 28, 2017
  • TICKER:
    ROKU
  • MAIN STOCK EXCHANGE:
    NASDAQ Global Select
  • CURRENT HQ LOCATION:
    1155 Coleman Avenue San Jose California 95110
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Roku Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
100%
71.3% —

Platform

28.7% —

Player
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Platform
45,679
45,679
 225,356 416,863 740,776 1,267,744 1,267,744 1,884,716
Player
$45,679
$45,679
 287,407 325,643 388,145 510,644 510,644 714,828
Total Revenue
$45,679
$45,679
 $512,763 $742,506 $1,128,921 $1,778,388 $1,778,388 $2,599,544
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
103.6%
28.3% —

Platform

26.3% —

Player

20.0% —

Research and development

16.8% —

Sales and marketing

9.7% —

General and administrative

2.5% —

Player
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Platform
45,679
45,679
 54,826 120,543 262,655 503,177 503,177 681,396
Player
45,679
45,679
 258,104 289,815 371,042 466,992 466,992 696,316
Total cost of revenue
45,679
45,679
 $312,930 $410,358 $633,697 $970,169 $970,169 $1,377,712
Gross Profit Platform
-
45,679
 170,530 296,320 478,121 764,567 764,567 1,203,320
Gross Profit Player
45,679
-
 - - - - - -
Total gross profit
45,679
45,679
 199,833 332,148 495,224 808,219 808,219 1,221,832
Sales and marketing
45,679
45,679
 64,069 102,780 178,855 299,457 299,457 384,356
Research and development
45,679
45,679
 107,945 170,692 265,011 355,784 355,784 378,924
General and administrative
45,679
45,679
 47,435 71,972 116,417 173,231 173,231 197,948
Total operating expenses
45,679
45,679
 $219,449 $345,444 $560,283 $828,472 $828,472 $961,228
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
1.1%
1.1% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
 ($19,616) ($13,296) ($65,059) ($20,253) ($20,253) $260,604
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.3%
0.3% —

Other expense or income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Change in fair value of preferred stock warrant liability
45,679
45,679
 (40,333) - - - - -
Other expense or income
45,679
45,679
 705 4,309 6,506 5,233 5,233 -
Loss on early repayment of debt
45,679
45,679
 (2,338) - - - - -
Total non-operating income (expense)
45,679
45,679
 (41,966) 4,309 6,506 5,233 5,233 -
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
0.8%
0.8% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
 ($61,582) ($8,987) ($58,553) ($15,020) ($15,020) $260,604
Selected Year:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
0.1%
0.1% —

Income tax expense or benefit

0.2% —

Interest expense
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
45,679
 (1,612) (346) (2,366) (3,432) (3,432) (3,048)
Total other expense or income
45,679
45,679
 (43,578) 3,963 4,140 1,801 1,801 5,804
Income before income taxes
45,679
45,679
 (63,194) (9,333) (60,919) (18,452) (18,452) 266,408
Income tax expense or benefit
45,679
45,679
 315 (476) (982) (945) (945) (2,816)
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
1.0%
1.0% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss) attributable to common stock
$45,679
$45,679
 ($63,509) ($8,857) ($59,937) ($17,507) ($17,507) $269,224

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Class A
-
-
 19,746,394 78,138,197 94,759,950 111,081,169 111,081,169 111,081,169
Class B
-
-
 79,823,487 31,869,921 25,218,517 17,340,776 17,340,776 17,340,776
Selected Year:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
 ($2.24) ($0.08) ($0.52) ($0.14) ($0.14) $2.20
Net Income per diluted share
$45,678,795.00
$45,678,795.00
 ($2.24) ($0.08) ($0.52) ($0.14) ($0.14) $2.20