Brightcove

Brightcove is the provider of cloud content services that offers a family of products used to publish and distribute the world’s professional digital media. The Company’s products include Video Cloud, the market-leading online video platform, App Cloud, a content app platform, and Zencoder, a cloud-based media processing service and HTML5 video player technology, provider. Brightcove cloud content services allow to build and operate media experiences across PCs, smartphones, tablets, and connected TVs.
Company Growth (employees)
Type
Public
HQ
Boston, US
Founded
2004
Size (employees)
490 (est)+19%
Brightcove was founded in 2004 and is headquartered in Boston, US

Key People at Brightcove

David Mendels

David Mendels

CEO
Kevin Rhodes

Kevin Rhodes

EVP & CFO
Mark Blair

Mark Blair

Vice President
Brian Franklin

Brian Franklin

Senior Software Solutions Engineer
Andrew Feinberg

Andrew Feinberg

SVP, Corporate Development and General Counsel
Caren Cioffi

Caren Cioffi

SVP and GM, Digital Marketing
Jeremy Allaire

Jeremy Allaire

Founder & Executive Chairman of the Board

Brightcove Office Locations

Brightcove has offices in Boston, New York, Minato-ku, San Francisco and in 7 other locations
Boston, US (HQ)
290 Congress St
Seoul, KR
#1612, 16 F Gangnam Bldg. 1321 1 Seocho Dong
Sydney, AU
17 1 Margaret St
Singapore, SG
1 Fullerton Road #02 109 One Fullerton
London, GB
44 Great Queen St
Dubai, AE
Brightcove Fz Llc Executive Office No. 02 Ground Floor Building 16 Dubai Internet City
Tempe, US
230 W 5th St
Seattle, US
1601 601 Union St
San Francisco, US
300 149 9th St
Minato Ku, JP
5 31 17 Shiba
New York, US
180 Madison Ave 6th Floor

Brightcove Data and Metrics

Brightcove Financial Metrics

Brightcove's revenue was reported to be $150.3 m in FY, 2016 which is a 12% increase from the previous period.
USD

Revenue (FY, 2016)

150.3 m

Revenue growth (FY, 2015 - FY, 2016), %

12%

Gross profit (FY, 2016)

94.4 m

Gross profit margin (FY, 2016), %

63%

Net income (FY, 2016)

(10 m)

EBIT (FY, 2016)

(9 m)

Market capitalization (23-Jun-2017)

206.1 m

Closing share price (23-Jun-2017)

6.1

Cash (31-Dec-2016)

36.8 m
Brightcove's current market capitalization is $206.1 m.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

43.7 m63.6 m88 m109.9 m125 m134.7 m150.3 m

Revenue growth, %

45%38%25%14%8%12%

Cost of goods sold

36.8 m43.7 m46.5 m55.8 m

Gross profit

73.1 m81.3 m88.2 m94.4 m

Gross profit Margin, %

67%65%65%63%

Sales and marketing expense

41 m46 m45.8 m54 m

R&D expense

21.1 m28.3 m29.3 m30.2 m

General and administrative expense

18.5 m19.1 m19.9 m19.2 m

Operating expense total

82.6 m96.5 m95.2 m103.4 m

EBIT

(9.5 m)(15.2 m)(6.9 m)(9 m)

EBIT margin, %

(9%)(12%)(5%)(6%)

Interest expense

358 k241 k(96 k)(96 k)(63 k)

Interest income

58 k11 k6 k99 k

Pre tax profit

(9.6 m)

Income tax expense

56 k90 k(3.5 m)212 k260 k391 k410 k

Net Income

(10.2 m)(16.9 m)(7.6 m)(10 m)
USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

22.6 m20.3 m17.2 m21.7 m33 m22.9 m27.6 m36.8 m

Accounts Receivable

8.1 m13 m

Inventories

304 k199 k16 m

Current Assets

61.9 m48.8 m53.4 m64.3 m

PP&E

8.8 m10.4 m8.7 m9.3 m

Goodwill

22 m50.8 m50.8 m50.8 m

Total Assets

103.1 m127.6 m127.7 m136.4 m

Accounts Payable

3.1 m1.6 m3.3 m5.3 m

Current Liabilities

41.2 m44.1 m46.8 m56.5 m

Additional Paid-in Capital

220.5 m230.8 m

Retained Earnings

(116.1 m)(133 m)(140.6 m)(150.6 m)

Total Equity

60.4 m80.8 m78.1 m78.2 m

Financial Leverage

1.7 x1.6 x1.6 x1.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(10.2 m)(16.9 m)(7.6 m)(10 m)

Depreciation and Amortization

5.9 m8.6 m8.7 m7.8 m

Accounts Receivable

(3.2 m)409 k(157 k)(559 k)

Inventories

(13.4 m)680 k(894 k)

Accounts Payable

2.1 m(2.3 m)1.8 m733 k

Cash From Operating Activities

7.3 m(10.1 m)4.7 m11.1 m

Purchases of PP&E

(3.4 m)(3.5 m)

Cash From Investing Activities

4.3 m(10.5 m)(2.8 m)(5.3 m)

Cash From Financing Activities

746 k(802 k)(1.4 m)3.6 m

Interest Paid

96 k96 k63 k

Income Taxes Paid

122 k184 k263 k351 k
Y, 2016

Financial Leverage

1.7 x

Brightcove Operating Metrics

Brightcove's Customers was reported to be 4.6 k in FY, 2016, which is a 9% decrease from the previous period. Brightcove's Order Book was reported to be $86 m in FY, 2016, which is a 13% increase from the previous period. Brightcove's Patent Applications was reported to be 32 in FY, 2016, which is a 14% decrease from the previous period
FY, 2013FY, 2014FY, 2015FY, 2016

Customers

6.32 k5.77 k5.05 k4.57 k

Countries

70757575

Patents Issued

15313844

Patent Applications

22363732

Video Streams per Month

963 m1.5 b1.8 b2.7 b

Order Book

$59 m$68 m$76 m$86 m

Average Annual Revenue per Premium Customer

$54 k$60 k$66 k$69 k

    Brightcove Market Value History

    Brightcove Median Salaries

    Source: 58 public H-1B filings from Brightcove

    Brightcove Online and Social Media Presence

    Brightcove Company Life and Culture

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