Vizio Holding Corp.
investors.vizio.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2024 10-Q, filed Nov 6, 2024. Its latest SEC filing is a SCHEDULE 13G/A from Feb 14, 2025.
10-Q for Q3 FY2024, filed Nov 6, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Sells Smart TVs and sound bars to consumers through retailers, distributors and its website, and operates a smart-TV platform offering advertising, content distribution and data services to advertisers and media companies.
10-K for FY2023, filed Feb 28, 2024We offer a range of high-performance Smart TVs designed to address specific consumer preferences, as well as a portfolio of sound bars that…View ↗
Platform+ is comprised of SmartCast, our award-winning Smart TV operating system, that enables our fully integrated entertainment solution…View ↗
Inscape is our ACR technology which is able to identify the content displayed on the screen of our Smart TVs, tracking viewing data…View ↗
How Did They Make Money?
Retailers, distributors and website shoppers pay for TVs and sound bars when the products ship or are delivered. Platform income comes from advertisers paying for delivered ad impressions, shares of subscription and content-purchase fees, data-licensing fees over contract periods, and fixed fees for app buttons on sold TV remotes.
10-K for FY2023, filed Feb 28, 2024The Company derives revenue primarily from the sale of televisions and sound bars. Revenue is recognized when control of the promised goods…View ↗
Each distinct promise to transfer products is considered to be an identified performance obligation for which revenue is recognized at a…View ↗
Revenue for advertising and related services is primarily generated by the sale of video and display advertising. Advertising is sold…View ↗
Subscription and transaction revenue is generated through revenue share agreements with content providers. These revenue share agreements…View ↗
The Company sells content publishers placements of buttons on its remote controls that provide one-touch access to a third-party…View ↗
For revenue from data licensing agreements with customers, the Company provides a right to access the entity's intellectual property as it…View ↗
$1.7B
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10-K for FY2023, filed Feb 29, 2024
$1.7B ↗
Who Were Their Customers?
Retailers and wholesale clubs buy devices for resale, while consumers can buy directly through VIZIO.com. Advertisers and content and media companies use Platform+ for advertising, distribution and data services.
10-K for FY2023, filed Feb 28, 2024The Company is a wholesale distributor of televisions and other home entertainment products, which are sold to leading retailers and…View ↗
We offer a range of high-performance Smart TVs designed to address specific consumer preferences, as well as a portfolio of sound bars that…View ↗
Inscape is our ACR technology which is able to identify the content displayed on the screen of our Smart TVs, tracking viewing data…View ↗
Inscape: We generate fees from measurement services, ad tech firms, ad agencies and networks through licensing data generated from our…View ↗
10-K for FY2023, filed Feb 28, 2024
Year Ended December 31, 2023 2022 2021 Net Revenue: Customer A 35 % 38 % 40 % Customer B 10 13 12 Customer C 8 10 10View ↗
Did Revenues Turn Into Profits?
Yes. It kept 2 cents of every revenue dollar as net income in FY2023, but spent more cash than it brought in: free cash flow was −$3.7M.
10-K for FY2023, filed Feb 29, 2024
$24.8MView ↗
10-K for FY2023, filed Feb 29, 2024
$28.2MView ↗
10-K for FY2023, filed Feb 29, 2024
−$3.7MView ↗
How Were They Changing?
-
Dec 3, 2024
Walmart completed its acquisition of VIZIO
VIZIO became a wholly owned Walmart subsidiary, and its NYSE trading was suspended.
Sources
8-K, filed Dec 3, 2024
BENTONVILLE, Ark. Dec. 3, 2024 – Today, Walmart announced the completion of the company’s acquisition of VIZIO. The closing of the deal…View ↗
Shrank. Revenue fell 9% in 4 years, from $1.8B in FY2019 to $1.7B in FY2023, about 2% a year.
Who Did They Compete With?
Competes with Amazon, Samsung, Sony, LG, Hisense, TCL, Walmart, Bose, Sonos, and Roku
10-K for FY2023, filed Feb 28, 2024We believe the principal competitive factors impacting the market for our devices are brand, price, features, quality, design, consumer…View ↗
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