Avid Technology was founded in 1987 and is headquartered in Burlington, US
Avid Technology Office Locations
Avid Technology has an office in Burlington
Burlington, US (HQ)
75 Network Dr
Avid Technology Data and Metrics
Avid Technology Financial Metrics
Avid Technology's revenue was reported to be $511.9 m in FY, 2016 which is a 1% increase from the previous period.
$, USD
Revenue (FY, 2016) | 511.9 m |
Revenue growth (FY, 2015 - FY, 2016), % | 1% |
Gross profit (FY, 2016) | 332.7 m |
Gross profit margin (FY, 2016), % | 65% |
Net income (FY, 2016) | 48.2 m |
EBIT (FY, 2016) | 64 m |
Market capitalization (23-Jun-2017) | 206.4 m |
Closing share price (23-Jun-2017) | 5.1 |
Cash (31-Dec-2016) | 44.9 m |
Avid Technology's current market capitalization is $206.4 m.
| $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 766.9 m | 530.3 m | 505.6 m | 511.9 m |
Revenue growth, % | (31%) | (5%) | 1% | |
Cost of goods sold | 261.7 m | 204.5 m | 197.4 m | 179.2 m |
Gross profit | 505.2 m | 325.8 m | 308.2 m | 332.7 m |
Gross profit Margin, % | 66% | 61% | 61% | 65% |
R&D expense | 111.1 m | 90.4 m | 95.9 m | 81.6 m |
General and administrative expense | 50.7 m | 81.2 m | 74.1 m | 61.5 m |
Operating expense total | 340.1 m | 306.1 m | 301.2 m | 268.7 m |
EBIT | 165 m | 19.7 m | 7 m | 64 m |
EBIT margin, % | 22% | 4% | 1% | 13% |
Interest expense | (1.9 m) | (1.8 m) | (6.3 m) | (18.9 m) |
Interest income | 142 k | 126 k | 113 k | |
Pre tax profit | 163.1 m | 16.9 m | 565 k | 45.3 m |
Income tax expense | 2.2 m | (1.9 m) | (2.9 m) | |
Net Income | 226.4 m | 14.7 m | 2.5 m | 48.2 m |
| $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 48.2 m | 25.1 m | 17.9 m | 44.9 m |
Accounts Receivable | 4.3 m | 3.8 m | ||
Inventories | 60.1 m | 48 m | 48.1 m | 50.7 m |
Current Assets | 190.9 m | 152.9 m | 137.4 m | 151 m |
PP&E | 35.2 m | 32.1 m | 35.5 m | 30.1 m |
Goodwill | 32.6 m | 32.6 m | ||
Total Assets | 235.1 m | 191.6 m | 247.9 m | 249.6 m |
Accounts Payable | 34 m | 33 m | 45.5 m | 26.4 m |
Current Liabilities | 323.9 m | 310 m | 304.9 m | 237.9 m |
Additional Paid-in Capital | 1 b | 1 b | 1.1 b | 1 b |
Retained Earnings | (1.3 b) | (1.3 b) | (1.3 b) | (1.3 b) |
Total Equity | (359.3 m) | (341.1 m) | (329.6 m) | (269.9 m) |
Financial Leverage | -0.7 x | -0.6 x | -0.8 x | -0.9 x |
| $, USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 226.4 m | 14.7 m | 2.5 m | 48.2 m |
Depreciation and Amortization | 22.8 m | 18 m | 20.1 m | 25.5 m |
Accounts Receivable | 11 m | 2.3 m | 2.4 m | 14.3 m |
Inventories | 9 m | 12.1 m | 3.1 m | (2.6 m) |
Accounts Payable | (1.4 m) | 947 k | 11.2 m | (19 m) |
Cash From Operating Activities | (9.1 m) | (9.9 m) | (34 m) | (49.2 m) |
Purchases of PP&E | (11.6 m) | (13.3 m) | (15.3 m) | (11 m) |
Cash From Investing Activities | (11.5 m) | (11.8 m) | (81.8 m) | (15.6 m) |
Long-term Borrowings | (25.5 m) | (65.5 m) | (3.8 m) | |
Cash From Financing Activities | (96 k) | (436 k) | 109.6 m | 91.5 m |
Interest Paid | 1.3 m | 1.6 m | 3.5 m | 9.3 m |
Income Taxes Paid | 2.1 m | 2.3 m | 1.6 m |
| $, USD | Y, 2016 |
|---|---|
Revenue/Employee | 303.6 k |
Financial Leverage | -0.9 x |
Avid Technology Market Value History
Avid Technology Revenue Breakdown
Avid Technology Median Salaries
Source: 36 public H-1B filings from Avid Technology
