Avid Technology

Avid Technology is a media platform specializes in digital media creation tools for film, video, audio, animation, games, and broadcast professionals as well as for home video and home audio enthusiasts. It connects content creation with collaboration, asset protection, distribution, and consumption for the most prestigious and award-winning feature films, music recordings, and television shows, to live concerts, and news broadcasts. 
Company Growth (employees)
Type
Public
HQ
Burlington, US
Founded
1987
Size (employees)
1,591 (est)
Website
avid.com
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
Show all (1)

Avid Technology Financials and Metrics

Avid Technology Financials

Avid Technology's revenue was reported to be $511.9 m in FY, 2016
USD

Revenue (Q2, 2017)

102.4 m

Gross profit (Q2, 2017)

59.8 m

Gross profit margin (Q2, 2017), %

58%

Net income (Q2, 2017)

(10.8 m)

EBIT (Q2, 2017)

(6.3 m)

Market capitalization (22-Dec-2017)

243.6 m

Cash (30-Jun-2017)

47.4 m

EV

386 m
Avid Technology's current market capitalization is $243.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

766.9 m530.3 m505.6 m511.9 m

Revenue growth, %

(31%)(5%)1%

Cost of goods sold

261.7 m204.5 m197.4 m179.2 m

Gross profit

505.2 m325.8 m308.2 m332.7 m
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

136.1 m141.3 m138.9 m135 m124.6 m142.4 m119.6 m109.8 m137.4 m143.5 m134.1 m119 m104.1 m102.4 m

Cost of goods sold

52.9 m54.8 m56.2 m50.7 m50.4 m52.8 m47.5 m43.5 m49.6 m43.5 m46.3 m43.6 m40.5 m42.6 m

Gross profit

83.1 m86.6 m82.7 m84.3 m74.2 m89.6 m72.1 m66.3 m87.8 m100.1 m87.8 m75.4 m63.6 m59.8 m

Gross profit Margin, %

61%61%60%62%60%63%60%60%64%70%65%63%61%58%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

48.2 m25.1 m17.9 m44.9 m

Accounts Receivable

4.3 m3.8 m

Inventories

60.1 m48 m48.1 m50.7 m

Current Assets

190.9 m152.9 m137.4 m151 m
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

64.5 m56.1 m50.2 m22.2 m23 m22.5 m25.5 m34.6 m22 m87.8 m50.4 m47.7 m47 m47.4 m

Inventories

66.6 m63.2 m61.7 m58.2 m54.7 m54 m39.7 m43.9 m48.8 m51.7 m53.9 m55.6 m49.1 m41.2 m

Current Assets

217.7 m203.4 m197.5 m165.1 m150.6 m155.5 m143.8 m157.9 m149.5 m199.7 m165.4 m158.2 m157.5 m138.1 m

PP&E

38.7 m37.4 m36.9 m34.4 m33.3 m34.4 m31.2 m33.3 m34.8 m36.7 m35.7 m33 m28.4 m24 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

226.4 m14.7 m2.5 m48.2 m

Depreciation and Amortization

22.8 m18 m20.1 m25.5 m

Accounts Receivable

11 m2.3 m2.4 m14.3 m

Inventories

9 m12.1 m3.1 m(2.6 m)
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

8.3 m17.4 m20 m8.9 m5.6 m19.8 m(169 k)(4.3 m)6.9 m20.9 m33.9 m43 m(1.9 m)(12.7 m)

Depreciation and Amortization

6.1 m11.8 m17 m4.9 m9.4 m13.7 m4.1 m8 m13.9 m6.3 m12.9 m19.2 m5.8 m11.5 m

Accounts Receivable

11.4 m12.3 m12.3 m(1.5 m)7.7 m931 k3.1 m8.9 m6.8 m14.8 m13.7 m17.1 m14 k9.3 m

Inventories

2.5 m5.9 m7.5 m1.9 m5.4 m6.1 m8.3 m8.9 m4 m(3.6 m)(5.8 m)(7.6 m)1.6 m9.5 m
Y, 2017

EV/EBIT

-61 x

EV/CFO

63.6 x

Financial Leverage

-0.8 x
Show all financial metrics

Avid Technology Operating Metrics

Avid Technology's Paying Subscribers was reported to be 71 k in Q1, 2017. Avid Technology's Backlog was reported to be $494.2 m in Q1, 2017
Show all operating metrics

Avid Technology Market Value History

Avid Technology Revenue Breakdown

Avid Technology Median Salaries

Source: 36 public H-1B filings from Avid Technology

Avid Technology's Web-traffic and Trends

Avid Technology Online and Social Media Presence

Avid Technology Company Life and Culture

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