Avid Technology market cap is $352.6 m, and annual revenue was $413.28 m in FY 2018

Avid Technology Gross profit (Q3, 2019)57.9 M

Avid Technology Gross profit margin (Q3, 2019), %61.9%

Avid Technology Net income (Q3, 2019)3.2 M

Avid Technology EBIT (Q3, 2019)8.4 M

Avid Technology Cash, 30-Sept-201952.3 M

Avid Technology EV558.5 M

Avid Technology revenue was $413.28 m in FY, 2018 which is a 1.4% year over year decrease from the previous period.

Avid Technology revenue breakdown by business segment: 49.6% from Products and Solutions and 50.4% from Services

Avid Technology revenue breakdown by geographic segment: 15.2% from Asia-Pacific, 41.7% from Europe, Middle East and Africa, 6.7% from Other Americas and 36.5% from United States

USD | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Revenue | 511.9m | 419.0m | 413.3m |

| 1% | (18%) | (1%) |

## Cost of goods sold | 179.2m | 176.9m | 174.1m |

## Gross profit | 332.7m | 242.1m | 239.2m |

| 65% | 58% | 58% |

## Sales and marketing expense | 110.3m | 106.3m | 101.3m |

## R&D expense | 81.6m | 68.2m | 62.4m |

## General and administrative expense | 61.5m | 53.9m | 55.2m |

## Operating expense total | 268.7m | 236.9m | 225.5m |

## EBIT | 64.0m | 5.2m | 13.7m |

| 13% | 1% | 3% |

## Interest expense | 18.9m | 20.0m | 23.5m |

## Interest income | 535.0k | 195.0k | |

## Pre tax profit | 45.3m | (13.4m) | (9.4m) |

## Income tax expense | (2.9m) | 133.0k | 1.3m |

## Net Income | 48.2m | (13.6m) | (10.7m) |

USD | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Cash | 44.9m | 57.2m | 56.1m |

## Accounts Receivable | 43.5m | 40.1m | 67.8m |

## Prepaid Expenses | 6.0m | 8.2m | 8.9m |

## Inventories | 50.7m | 38.4m | 33.0m |

## Current Assets | 151.0m | 154.3m | 196.6m |

## PP&E | 30.1m | 21.9m | 21.6m |

## Goodwill | 32.6m | 32.6m | 32.6m |

## Total Assets | 249.6m | 234.7m | 265.8m |

## Accounts Payable | 26.4m | 30.2m | 39.2m |

## Short-term debt | 5.0m | 5.9m | 1.4m |

## Current Liabilities | 237.9m | 216.1m | 187.7m |

## Long-term debt | 188.8m | 204.5m | 220.6m |

## Total Debt | 193.8m | 210.4m | 222.0m |

## Total Liabilities | 519.5m | 503.3m | 432.5m |

## Common Stock | 423.0k | 423.0k | 423.0k |

## Additional Paid-in Capital | 1.0b | 1.0b | 1.0b |

## Retained Earnings | (1.3b) | (1.3b) | (1.2b) |

## Total Equity | (269.9m) | (268.6m) | (166.7m) |

## Debt to Equity Ratio | -0.7 x | -0.8 x | -1.3 x |

## Debt to Assets Ratio | 0.8 x | 0.9 x | 0.8 x |

## Financial Leverage | -0.9 x | -0.9 x | -1.6 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Net Income | 48.2m | (13.6m) | (10.7m) |

## Depreciation and Amortization | 25.5m | 22.3m | 21.1m |

## Accounts Receivable | 14.3m | 3.8m | (6.7m) |

## Inventories | (2.6m) | 12.3m | (551.0k) |

## Accounts Payable | (19.0m) | 3.6m | 9.1m |

## Cash From Operating Activities | (49.2m) | 8.9m | 15.8m |

## Purchases of PP&E | (11.0m) | (7.9m) | (9.9m) |

## Cash From Investing Activities | (15.6m) | (6.1m) | (9.9m) |

## Long-term Borrowings | (38.8m) | (7.4m) | (19.5m) |

## Cash From Financing Activities | 91.5m | 8.4m | 2.5m |

## Net Change in Cash | 27.0m | 12.3m | 7.7m |

## Interest Paid | 9.3m | 11.0m | 14.5m |

## Income Taxes Paid | 1.6m | (100.0k) | (2.8m) |

USD | Y, 2019 |
---|---|

## EV/EBIT | 66.5 x |

## EV/CFO | 502.3 x |

## Debt/Equity | -1.5 x |

## Debt/Assets | 1 x |

## Financial Leverage | -1.5 x |

Avid Technology's Backlog was reported to be $443.6m in Q3, 2019. Avid Technology's Paying Subscribers was reported to be 170 k in Q3, 2019.