Brightcove Inc - Understand $bcov stock

$BCOV Market Cap: $90.74 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$200.9M

TTM

Gross Margin

61.35%

TTM

Net Earnings

-$8.606M

TTM

Current Assets

$72.16M

Q2 2024

Current Liabilities

$98.93M

Q2 2024

Current Ratio

72.94%

Q2 2024

Total Assets

$213.0M

Q2 2024

Total Liabilities

$118.1M

Q2 2024

Book Value

$94.94M

Q2 2024

Cash

$24.17M

Q2 2024

P/E

-10.54

Sep 17, 2024 EST

Free Cash Flow

$2.279M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$201.2M	$211.0M	$211.1M	$197.4M	$184.5M	$164.8M	$155.9M	$150.3M	$134.7M	$125.0M	$109.9M	$87.97M	$63.56M	$43.72M	$36.20M	$24.50M
YoY Change	-4.65%	-0.04%	6.94%	7.02%	11.9%	5.72%	3.76%	11.55%	7.75%	13.76%	24.92%	38.4%	45.4%	20.76%	47.76%	188.24%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$201.2M	$211.0M	$211.1M	$197.4M	$184.5M	$164.8M	$155.9M	$150.3M	$134.7M	$125.0M	$109.9M	$87.97M	$63.56M	$43.72M	$36.20M	$24.50M
Cost Of Revenue	$77.35M	$77.07M	$73.03M	$76.00M	$75.47M	$66.62M	$64.62M	$55.85M	$46.48M	$43.73M	$36.79M	$27.38M	$20.22M	$15.13M	$10.40M	$9.000M
Gross Profit	$123.8M	$133.9M	$138.1M	$121.3M	$109.0M	$98.21M	$91.30M	$94.42M	$88.23M	$81.28M	$73.11M	$60.59M	$43.34M	$28.59M	$25.70M	$15.50M
Gross Profit Margin	61.55%	63.47%	65.4%	61.45%	59.09%	59.58%	58.56%	62.83%	65.5%	65.02%	66.52%	68.87%	68.19%	65.4%	70.99%	63.27%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$108.0M	$106.5M	$98.79M	$84.60M	$86.07M	$78.88M	$79.14M	$73.21M	$65.66M	$65.15M	$59.48M	$55.46M	$44.20M	$33.74M	$19.90M	$17.50M
YoY Change	1.33%	7.86%	16.77%	-1.7%	9.11%	-0.33%	8.11%	11.5%	0.78%	9.54%	7.25%	25.46%	31.01%	69.55%	13.71%	12.9%
% of Gross Profit	87.19%	79.55%	71.55%	69.74%	78.97%	80.32%	86.69%	77.53%	74.42%	80.15%	81.36%	91.53%	101.99%	118.01%	77.43%	112.9%
Research & Development	$37.20M	$33.52M	$31.72M	$32.70M	$32.54M	$31.72M	$31.85M	$30.17M	$29.30M	$28.25M	$21.05M	$18.73M	$15.27M	$12.26M	$8.900M	$7.800M
YoY Change	10.97%	5.69%	-3.0%	0.51%	2.58%	-0.42%	5.56%	2.97%	3.72%	34.2%	12.43%	22.65%	24.56%	37.72%	14.1%	-7.14%
% of Gross Profit	30.04%	25.03%	22.97%	26.96%	29.85%	32.29%	34.89%	31.95%	33.21%	34.76%	28.8%	30.9%	35.23%	42.87%	34.63%	50.32%
Depreciation & Amortization	$16.54M	$10.70M	$8.322M	$8.700M	$8.422M	$6.796M	$7.257M	$7.796M	$8.687M	$8.587M	$5.867M	$4.666M	$2.992M	$2.199M	$1.780M
YoY Change	54.6%	28.53%	-4.34%	3.3%	23.93%	-6.35%	-6.91%	-10.26%	1.16%	46.36%	25.74%	55.95%	36.06%	23.54%
% of Gross Profit	13.35%	7.99%	6.03%	7.17%	7.73%	6.92%	7.95%	8.26%	9.85%	10.56%	8.03%	7.7%	6.9%	7.69%	6.93%
Operating Expenses	$145.5M	$142.0M	$132.2M	$119.2M	$130.0M	$111.3M	$111.0M	$103.4M	$95.16M	$96.48M	$82.60M	$76.04M	$59.47M	$46.00M	$28.90M	$25.30M
YoY Change	2.47%	7.42%	10.87%	-8.34%	16.83%	0.29%	7.34%	8.66%	-1.37%	16.8%	8.63%	27.85%	29.29%	59.16%	14.23%	5.86%
Operating Profit	-$21.64M	-$8.032M	$5.909M	$2.100M	-$21.06M	-$13.10M	-$19.70M	-$8.978M	-$6.931M	-$15.19M	-$9.494M	-$15.45M	-$16.13M	-$17.41M	-$3.200M	-$9.800M
YoY Change	169.43%	-235.93%	181.38%	-109.97%	60.77%	-33.48%	119.38%	29.53%	-54.38%	60.03%	-38.54%	-4.23%	-7.34%	443.97%	-67.35%	-52.66%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	$26.00K		$5.000K	$100.0K		$200.0K	$26.00K	$63.00K	$96.00K	$96.00K		$241.0K	$358.0K	$200.0K	$300.0K	$900.0K
YoY Change			-95.0%			669.23%	-58.73%	-34.38%	0.0%			-32.68%	79.0%	-33.33%	-66.67%	-59.09%
% of Operating Profit			0.08%	4.76%
Other Income/Expense, Net	-$80.00K	-$1.035M	-$1.380M	$128.0K	-$280.0K	-$326.0K	$547.0K	-$598.0K	-$258.0K	-$1.440M	-$536.0K	-$494.0K	-$1.054M	-$503.0K	$0.00	-$1.400M
YoY Change	-92.27%	-25.0%	-1178.13%	-145.71%	-14.11%	-159.6%	-191.47%	131.78%	-82.08%	168.66%	8.5%	-53.13%	109.54%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	-$21.72M	-$9.067M	$6.199M	-$5.200M	-$21.34M	-$13.43M	-$19.15M	-$9.576M	-$7.189M	-$16.63M	-$10.03M	-$15.94M	-$17.18M	-$17.73M	-$2.800M	-$10.20M
YoY Change	139.56%	-246.27%	-219.21%	-75.64%	58.96%	-29.88%	99.97%	33.2%	-56.78%	65.83%	-37.08%	-7.23%	-3.05%	533.04%	-72.55%	-45.16%
Income Tax	$1.165M	-$52.00K	$802.0K	$600.0K	$560.0K	$601.0K	$370.0K	$410.0K	$391.0K	$260.0K	$212.0K	-$3.489M	$90.00K	$56.00K	$100.0K	$0.00
% Of Pretax Income			12.94%
Net Earnings	-$22.89M	-$9.015M	$5.397M	-$5.800M	-$21.90M	-$14.03M	-$19.52M	-$9.986M	-$7.580M	-$16.89M	-$10.26M	-$13.19M	-$17.64M	-$17.50M	-$2.300M	-$9.900M
YoY Change	153.87%	-267.04%	-193.05%	-73.52%	56.14%	-28.13%	95.46%	31.74%	-55.13%	64.62%	-22.18%	-25.23%	0.77%	660.91%	-76.77%	-46.77%
Net Earnings / Revenue	-11.38%	-4.27%	2.56%	-2.94%	-11.87%	-8.51%	-12.52%	-6.65%	-5.63%	-13.51%	-9.34%	-14.99%	-27.74%	-40.03%	-6.35%	-40.41%
Basic Earnings Per Share	-$0.53	-$0.22	$0.13	-$0.15
Diluted Earnings Per Share	-$0.53	-$0.22	$127.9K	-$146.8K	-$576.3K	-$391.1K	-$566.9K	-$301.2K	-$233.1K	-$529.8K	-$362.7K	-$536.6K	-$666.7K	-$662.9K	-$87.12K	-$375.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$18.62M	$31.89M	$45.74M	$37.50M	$22.80M	$29.30M	$26.10M	$36.80M	$27.60M	$22.90M	$36.10M	$30.00M	$16.70M	$19.70M
YoY Change	-41.63%	-30.27%	21.97%	64.47%	-22.18%	12.26%	-29.08%	33.33%	20.52%	-36.57%	20.33%	79.64%	-15.23%
Cash & Equivalents	$44.00K	$42.00K	$41.00K	$0.00	$0.00	$8.300M	$8.200M	$12.90M	$9.600M	$9.600M	$13.80M	$6.400M	$2.200M	$14.10M
Short-Term Investments											$3.100M	$8.300M
Other Short-Term Assets	$18.33M	$19.42M	$18.63M	$18.80M	$11.90M	$12.00M	$7.000M	$5.900M	$4.600M	$4.300M	$4.300M	$3.300M	$3.900M	$2.100M
YoY Change	-5.61%	4.28%	-0.93%	57.98%	-0.83%	71.43%	18.64%	28.26%	6.98%	0.0%	30.3%	-15.38%	85.71%
Inventory
Prepaid Expenses
Receivables	$33.45M	$26.00M	$29.87M	$29.30M	$31.20M	$23.30M	$25.20M	$21.60M	$21.20M	$21.50M	$21.60M	$19.00M	$14.70M	$9.300M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$70.40M	$77.32M	$94.23M	$85.50M	$65.80M	$64.50M	$58.40M	$64.30M	$53.40M	$48.70M	$61.90M	$52.20M	$35.30M	$31.10M
YoY Change	-8.95%	-17.95%	10.21%	29.94%	2.02%	10.45%	-9.18%	20.41%	9.65%	-21.32%	18.58%	47.88%	13.5%
Property, Plant & Equipment	$58.71M	$58.35M	$45.41M	$24.70M	$29.00M	$9.700M	$9.100M	$9.300M	$8.700M	$10.40M	$8.800M	$8.400M	$6.100M	$4.700M
YoY Change	0.62%	28.51%	83.83%	-14.83%	198.97%	6.59%	-2.15%	6.9%	-16.35%	18.18%	4.76%	37.7%	29.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments												$3.100M	$0.00	$2.900M
YoY Change													-100.0%
Other Assets	$5.772M	$7.007M	$6.655M	$5.300M	$3.300M	$2.500M	$1.100M	$1.100M	$1.000M	$800.0K	$1.700M	$900.0K	$3.600M	$1.000M
YoY Change	-17.63%	5.29%	25.57%	60.61%	32.0%	127.27%	0.0%	10.0%	25.0%	-52.94%	88.89%	-75.0%	260.0%
Total Long-Term Assets	$145.7M	$150.5M	$122.2M	$101.3M	$107.1M	$68.90M	$69.20M	$72.10M	$74.30M	$78.90M	$41.20M	$44.80M	$12.00M	$10.90M
YoY Change	-3.18%	23.11%	20.67%	-5.42%	55.44%	-0.43%	-4.02%	-2.96%	-5.83%	91.5%	-8.04%	273.33%	10.09%
Total Assets	$216.1M	$227.8M	$216.5M	$186.8M	$172.9M	$133.4M	$127.6M	$136.4M	$127.7M	$127.6M	$103.1M	$97.00M	$47.30M	$42.00M
YoY Change
Accounts Payable	$14.42M	$11.33M	$11.04M	$10.50M	$9.900M	$7.700M	$6.100M	$5.300M	$3.300M	$1.600M	$3.100M	$600.0K	$2.000M	$1.100M
YoY Change	27.34%	2.6%	5.13%	6.06%	28.57%	26.23%	15.09%	60.61%	106.25%	-48.39%	416.67%	-70.0%	81.82%
Accrued Expenses	$22.05M	$31.03M	$23.53M	$29.70M	$27.10M	$13.70M	$13.60M	$15.70M	$12.80M	$11.70M	$14.50M	$11.60M	$8.800M	$7.300M
YoY Change	-28.94%	31.92%	-20.79%	9.59%	97.81%	0.74%	-13.38%	22.66%	9.4%	-19.31%	25.0%	31.82%	20.55%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$300.0K	$0.00	$0.00	$0.00	$0.00	$800.0K	$0.00
YoY Change							-100.0%					-100.0%
Long-Term Debt Due						$200.0K	$200.0K	$500.0K	$900.0K	$1.200M	$0.00
YoY Change						0.0%	-60.0%	-44.44%	-25.0%
Total Short-Term Liabilities	$104.6M	$104.0M	$96.62M	$98.90M	$86.30M	$61.50M	$59.40M	$56.50M	$46.80M	$44.10M	$41.20M	$31.40M	$25.10M	$13.80M
YoY Change	0.65%	7.59%	-2.3%	14.6%	40.33%	3.54%	5.13%	20.73%	6.12%	7.04%	31.21%	25.1%	81.88%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$6.200M	$0.00
YoY Change												-100.0%
Other Long-Term Liabilities	$17.57M	$21.51M	$23.59M	$8.300M	$12.50M	$1.200M	$1.500M	$1.700M	$2.700M	$2.700M	$1.600M	$1.100M	$900.0K	$700.0K
YoY Change	-18.34%	-8.81%	184.18%	-33.6%	941.67%	-20.0%	-11.76%	-37.04%	0.0%	68.75%	45.45%	22.22%	28.57%
Total Long-Term Liabilities	$17.57M	$21.51M	$23.59M	$8.300M	$12.50M	$1.200M	$1.500M	$1.700M	$2.700M	$2.700M	$1.600M	$1.100M	$7.100M	$700.0K
YoY Change	-18.34%	-8.81%	184.18%	-33.6%	941.67%	-20.0%	-11.76%	-37.04%	0.0%	68.75%	45.45%	-84.51%	914.29%
Total Liabilities	$122.2M	$125.5M	$120.2M	$107.2M	$98.70M	$62.70M	$60.90M	$58.20M	$49.50M	$46.80M	$42.70M	$34.30M	$33.20M	$15.30M
YoY Change	-2.61%	4.37%	12.13%	8.61%	57.42%	2.96%	4.64%	17.58%	5.77%	9.6%	24.49%	3.31%	116.99%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2014	2013	2012	2011
Basic Shares Outstanding	43.13K	41.83K	40.72K	39.47K	31.95K shares	28.35K shares	24.66K shares	4.997K shares
Diluted Shares Outstanding	43.13K	41.83K	42.20K	39.47K
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $90.742 Million

About Brightcove Inc

Brightcove, Inc. engages in the provision of video cloud solutions. The company is headquartered in Boston, Massachusetts and currently employs 648 full-time employees. The company went IPO on 2012-02-17. The firm's software platform and suite of solutions include offerings that meet the needs of media and enterprise customers in a variety of industries across the globe with their use of streaming video. Its solutions and products include Brightcove Marketing Studio, Brightcove Communications Studio, Brightcove Media Studio, Brightcove Audience Insights, Zencode, and Brightcove Beacon. Brightcove Communications Studio is for marketers and corporate communications professionals who need tools to deliver information in an engaging, secure, and scalable manner through live and on-demand content. Brightcove Media Studio is a comprehensive solution for over-the-top video services, media publishers and broadcasters looking to monetize their media, live stream at scale and nurture their audience lifecycle. Brightcove Audience Insights is a customer data platform specifically designed for video streaming businesses.

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