Koss Corporation, a high-fidelity headphone company based in the U.S., has announced its financial results for the fourth quarter and fiscal year ending June 30, 2025. The company reported sales of $3.08 million for the three-month period, up 6.6% from $2.89 million in the same period the previous year. Despite this increase, Koss Corporation recorded a net loss of $232,696 for the fourth quarter, compared to a net loss of $110,369 in the prior year. For the full fiscal year, the company achieved sales of $12.62 million, marking a 2.9% increase from the previous year's $12.27 million. The net loss for the fiscal year was $874,831, which is slightly lower than the net loss of $950,911 reported in the previous year. Key growth drivers included a 49% increase in sales to export markets, particularly notable in the European sector, where sales to the largest distributors more than doubled, driven by new product sales. The Direct-to-Consumer market experienced approximately 18% growth compared to the fourth quarter of the previous year, attributed to new product launches and enhanced online advertising efforts. However, these gains were partially offset by declines in domestic distributor orders and e-tailer sales, which were impacted by excess inventory of non-Koss products. The company also anticipates challenges from newly imposed tariffs on Chinese goods, expected to affect margins as inventory sells through, although freight costs are predicted to stabilize next quarter with a dedicated freight partner.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Koss Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9519919-en) on August 28, 2025, and is solely responsible for the information contained therein.
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