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 Quarter:
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%
72.5% —

Platform

27.5% —

Player
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Platform
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 134,153 167,682 179,322 259,619 232,557 244,777 319,231 471,179 1,267,744 1,884,716
Player
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 72,509 82,419 81,606 151,611 88,209 111,296 132,432 178,707 510,644 714,828
Total Revenue
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 $206,662 $250,101 $260,928 $411,230 $320,766 $356,073 $451,663 $649,886 $1,778,388 $2,599,544
Selected Quarter:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
90.0%
26.8% —

Player

26.2% —

Platform

14.8% —

Sales and marketing

14.6% —

Research and development

7.6% —

General and administrative
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Platform
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 40,364 57,980 67,075 97,236 101,936 106,324 124,568 170,349 503,177 681,396
Player
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 65,407 77,912 75,376 152,347 77,729 102,913 112,271 174,079 466,992 696,316
Total cost of revenue
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 $105,771 $135,892 $142,451 $249,583 $179,665 $209,237 $236,839 $344,428 $970,169 $1,377,712
Gross Profit Platform
-
-
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 93,789 109,702 112,247 162,383 130,621 138,453 194,663 300,830 764,567 1,203,320
Gross Profit Player
45,679
-
-
-
-
-
-
-
-
-
 - - - - - - - - - -
Total gross profit
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 100,891 114,209 118,477 161,647 141,101 146,836 214,824 305,458 808,219 1,221,832
Sales and marketing
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 33,807 36,568 46,666 61,814 68,248 64,164 70,956 96,089 299,457 384,356
Research and development
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 55,738 61,994 68,487 78,792 88,278 84,387 88,388 94,731 355,784 378,924
General and administrative
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 22,086 26,033 29,873 38,425 39,740 40,494 43,510 49,487 173,231 197,948
Total operating expenses
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 $111,631 $124,595 $145,026 $179,031 $196,266 $189,045 $202,854 $240,307 $828,472 $961,228
Selected Quarter:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
10.0%
10.0% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($10,740) ($10,386) ($26,549) ($17,384) ($55,165) ($42,209) $11,970 $65,151 ($20,253) $260,604
Selected Quarter:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Change in fair value of preferred stock warrant liability
45,679
45,679
45,679
45,679
45,679
45,679
-
-
-
-
 - - - - - - - - - -
Other expense or income
45,679
45,679
-
-
-
-
-
-
-
-
 - - - - - - - - 5,233 -
Other income
-
-
45,679
45,679
45,679
-
45,679
45,679
45,679
-
 967 1,240 2,065 - 1,261 557 1,202 - - -
Total non-operating income (expense)
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 967 1,240 2,065 - 1,261 557 1,202 - 5,233 -
Selected Quarter:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
10.0%
10.0% —

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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
$45,679
 ($9,773) ($9,146) ($24,484) ($17,384) ($53,904) ($41,652) $13,172 $65,151 ($15,020) $260,604
Selected Quarter:
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
0.0%
0.1% —

Income tax expense or benefit

0.1% —

Interest expense
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (98) (571) (767) (930) (863) (1,034) (773) (762) (3,432) (3,048)
Total other expense or income
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 869 669 1,298 1,304 398 (477) 429 1,451 1,801 5,804
Income before income taxes
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (9,871) (9,717) (25,251) (16,080) (54,767) (42,686) 12,399 66,602 (18,452) 266,408
Income tax expense or benefit
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
45,679
 (139) (384) (96) (363) (155) 462 (548) (704) (945) (2,816)
Selected Quarter:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
10.4%
10.4% —

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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
-
-
-
-
-
-
-
$45,679
$45,679
-
 ($9,732) ($9,333) ($25,155) - ($54,612) ($43,148) $12,947 - - -
Net income (loss) attributable to common stock
45,679
45,679
45,679
45,679
45,679
45,679
45,679
-
-
45,679
 (9,732) - - (15,717) - - - 67,306 (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
-
-
-
-
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
 81,981,559 85,421,696 90,968,113 94,759,950 101,747,842 105,891,320 108,986,407 111,081,169 111,081,169 111,081,169
Class B
-
-
-
-
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
45,678,795
 31,437,092 30,812,380 26,547,304 25,218,517 18,971,323 18,816,622 17,945,065 17,340,776 17,340,776 17,340,776
Selected Quarter:
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 Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($0.09) ($0.08) ($0.22) ($0.13) ($0.45) ($0.35) $0.10 $0.55 ($0.14) $2.20
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($0.09) ($0.08) ($0.22) ($0.13) ($0.45) ($0.35) $0.09 $0.55 ($0.14) $2.20