Sector: Technology | Industry: Household Electronics |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 39 Tesla IRVINE CA 92618 |
Tel: | N/A |
Website: | https://investors.vizio.com |
IR: | See website |
Key People | ||
William Wang Chairman and Chief Executive Officer, Co-Founder | Ben Wong President, Chief Operating Officer | Adam Townsend Chief Financial Officer |
Jerry Huang General Counsel, Company Secretary | Michael O'donnell Chief Revenue/Strategic Growth Officer |
Business Overview |
VIZIO Holding Corp. is engaged in delivering entertainment and lifestyle enhancements that make its products the center of the connected home. The Company operates through two segments: Device and Platform+. The Device segment offers a range of smart televisions (TVs) designed to address specific consumer preferences, as well as a portfolio of sound bars that deliver audio experiences. The Platform+ segment consists of SmartCast, its smart TV operating system, which enables its fully integrated entertainment solution, and Inscape, which powers its data intelligence and services. SmartCast delivers an array of content and applications through an interface. It supports various streaming apps, such as Amazon Prime Video, Apple TV+, Disney+, Hulu, Max, Netflix, Paramount+, Peacock, and YouTube TV, and hosts its own free, ad-supported app, WatchFree+. Inscape is its automatic content recognition (ACR) technology, which can identify the content displayed on the screen of its smart TVs. |
Financial Overview |
For the fiscal year ended 31 December 2023, Vizio Holding Corp revenues decreased 10% to $1.68B. Net income totaled $28.2M vs. loss of $400K. Revenues reflect Device revenue segment decrease of 22% to $1.08B. Net Income reflects Interest Income - Net increase from $1.6M to $13M (income), Marketing decrease of 10% to $36.8M (expense). Basic Earnings per Share excluding Extraordinary Items totaled to $0.14. |
Employees: | 900 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,778M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,680M as of Dec 31, 2023 |
EBITDA (TTM): | $32.10M as of Dec 31, 2023 |
Net annual income (TTM): | $28.20M as of Dec 31, 2023 |
Free cash flow (TTM): | -$3.70M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 197,680,453 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |