Brightcove was founded in 2004 and is headquartered in Boston, US

Chief Executive Officer

EVP & CFO

Vice President

SVP and GM, Digital Marketing

Brightcove has offices in Boston, New York, Minato-ku, San Francisco and in 6 other locations

Boston, US (HQ)

290 Congress St

Seoul, KR

10F Kyobo Securities Building 97 Uisadang-daero, Yeongdeungpo-gu

Sydney, AU

Level 17, 1 Margaret Street

Singapore, SG

38 Beach Road #04-14 South Beach Tower

London, GB

41-44 Great Queen Street

Scottsdale, US

1355 N. Scottsdale Road Suite 150 SkySong 4

Brightcove's revenue was reported to be $37.6 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 37.6 m |

## Gross profit (Q1, 2017) | 22.4 m |

## Gross profit margin (Q1, 2017), % | 59% |

## Net income (Q1, 2017) | (5.1 m) |

## EBIT (Q1, 2017) | (5.1 m) |

## Market capitalization (22-Aug-2017) | 232.9 m |

## Cash (31-Mar-2017) | 29.2 m |

Brightcove's current market capitalization is $232.9 m.

USD | FY, 2010^{} | FY, 2011^{} | FY, 2012^{} | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|---|---|---|

## Revenue | 43.7 m | 63.6 m | 88 m | 109.9 m | 125 m | 134.7 m | 150.3 m |

## Revenue growth, % | 45% | 38% | 25% | 14% | 8% | 12% | |

## Cost of goods sold | 36.8 m | 43.7 m | 46.5 m | 55.8 m | |||

## Gross profit | 73.1 m | 81.3 m | 88.2 m | 94.4 m | |||

## Gross profit Margin, % | 67% | 65% | 65% | 63% | |||

## Sales and marketing expense | 41 m | 46 m | 45.8 m | 54 m | |||

## R&D expense | 21.1 m | 28.3 m | 29.3 m | 30.2 m | |||

## General and administrative expense | 18.5 m | 19.1 m | 19.9 m | 19.2 m | |||

## Operating expense total | 80.5 m | 93.4 m | 95 m | 103.4 m | |||

## EBIT | (9.5 m) | (15.2 m) | (6.9 m) | (9 m) | |||

## EBIT margin, % | (9%) | (12%) | (5%) | (6%) | |||

## Interest expense | 358 k | 241 k | 96 k | 96 k | 63 k | ||

## Interest income | 58 k | 11 k | 6 k | 99 k | |||

## Pre tax profit | (9.6 m) | ||||||

## Income tax expense | 56 k | 90 k | (3.5 m) | 212 k | 260 k | 391 k | 410 k |

## Net Income | (10.2 m) | (16.9 m) | (7.6 m) | (10 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 31 m | 31.5 m | 32.9 m | 32.8 m | 33.8 m | 36.3 m | 37 m | 38.4 m | 37.6 m |

## Cost of goods sold | 10.4 m | 10.8 m | 11.6 m | 11.6 m | 11.5 m | 13.3 m | 13.5 m | 13.8 m | 15.2 m |

## Gross profit | 20.6 m | 20.7 m | 21.3 m | 21.3 m | 22.3 m | 23 m | 23.5 m | 24.6 m | 22.4 m |

## Gross profit Margin, % | 66% | 66% | 65% | 65% | 66% | 63% | 64% | 64% | 59% |

## Sales and marketing expense | 12.1 m | 11.3 m | 10.8 m | 11.9 m | 11.7 m | 12.5 m | 14 m | 13.3 m | 13.9 m |

## R&D expense | 6.8 m | 7.2 m | 7.8 m | 7.3 m | 7.2 m | 7.4 m | 7.3 m | 7.7 m | 8.2 m |

## General and administrative expense | 5.1 m | 4.7 m | 5.2 m | 5.2 m | 4.4 m | 4.6 m | 4.5 m | 5.1 m | 5.4 m |

## Operating expense total | 24 m | 23.2 m | 23.8 m | 24.4 m | 23.3 m | 24.5 m | 25.7 m | 26.2 m | 27.5 m |

## EBIT | (4 m) | (3.1 m) | (2.5 m) | (3.2 m) | (1 m) | (1.5 m) | (2.2 m) | (1.6 m) | (5.1 m) |

## EBIT margin, % | (13%) | (10%) | (8%) | (10%) | (3%) | (4%) | (6%) | (4%) | (14%) |

## Pre tax profit | (2.8 m) | (3.6 m) | (1.2 m) | (1.6 m) | (2.3 m) | (1.6 m) | (5 m) | ||

## Income tax expense | 56 k | 81 k | 66 k | 66 k | 123 k | 45 k | 96 k | 61 k | 79 k |

## Net Income | (2.8 m) | (3.6 m) | (1.3 m) | (1.6 m) | (2.4 m) | (1.6 m) | (5.1 m) |

USD | Y, 2009^{} | Y, 2010^{} | Y, 2011^{} | Y, 2012^{} | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|---|---|---|---|

## Cash | 22.6 m | 20.3 m | 17.2 m | 21.7 m | 33 m | 22.9 m | 27.6 m | 36.8 m |

## Accounts Receivable | 8.1 m | 13 m | ||||||

## Inventories | 304 k | 199 k | 16 m | |||||

## Current Assets | 61.9 m | 48.8 m | 53.4 m | 64.3 m | ||||

## PP&E | 8.8 m | 10.4 m | 8.7 m | 9.3 m | ||||

## Goodwill | 22 m | 50.8 m | 50.8 m | 50.8 m | ||||

## Total Assets | 103.1 m | 127.6 m | 127.7 m | 136.4 m | ||||

## Accounts Payable | 3.1 m | 1.6 m | 3.3 m | 5.3 m | ||||

## Current Liabilities | 41.2 m | 44.1 m | 46.8 m | 56.5 m | ||||

## Total Liabilities | 58.2 m | |||||||

## Additional Paid-in Capital | 220.5 m | 230.8 m | ||||||

## Retained Earnings | (116.1 m) | (133 m) | (140.6 m) | (150.6 m) | ||||

## Total Equity | 60.4 m | 80.8 m | 78.1 m | 78.2 m | ||||

## Financial Leverage | 1.7 x | 1.6 x | 1.6 x | 1.7 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 20.8 m | 21.7 m | 21.9 m | 21.2 m | 23.8 m | 29.3 m | 30.2 m | 35.2 m | 29.2 m |

## Current Assets | 46.6 m | 46.2 m | 46.8 m | 45.7 m | 48.7 m | 56.3 m | 54.9 m | 63.7 m | 59.8 m |

## PP&E | 11.1 m | 10.4 m | 9.7 m | 10.6 m | 10.5 m | 9.2 m | 9.4 m | 9.5 m | 9.3 m |

## Goodwill | 51.1 m | 51.1 m | 50.8 m | 50.8 m | 50.8 m | 50.8 m | 50.8 m | 50.8 m | 50.8 m |

## Total Assets | 128 m | 126.3 m | 124.3 m | 123.7 m | 125.7 m | 130.8 m | 128.8 m | 137 m | 131.2 m |

## Accounts Payable | 899 k | 734 k | 2.4 m | 2.9 m | 2.6 m | 2.8 m | 4.9 m | 3.7 m | 6 m |

## Current Liabilities | 39.2 m | 40.3 m | 42.7 m | 43.3 m | 45.2 m | 49.8 m | 49.4 m | 53.6 m | 54.6 m |

## Additional Paid-in Capital | 211.3 m | 212.9 m | 216 m | 217.4 m | 218.9 m | 221.9 m | 223.2 m | 229 m | 232.8 m |

## Retained Earnings | (125.3 m) | (129.1 m) | (135.8 m) | (139.5 m) | (140.8 m) | (142.2 m) | (144.6 m) | (146.2 m) | (155.9 m) |

## Total Equity | 85.8 m | 83.3 m | 79.4 m | 77.1 m | 77.3 m | 78.1 m | 77.1 m | 81.3 m | 75.1 m |

## Financial Leverage | 1.5 x | 1.5 x | 1.6 x | 1.6 x | 1.6 x | 1.7 x | 1.7 x | 1.7 x | 1.7 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | (10.2 m) | (16.9 m) | (7.6 m) | (10 m) |

## Depreciation and Amortization | 5.9 m | 8.6 m | 8.7 m | 7.8 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 m | 733 k |

## Cash From Operating Activities | 7.3 m | (10.1 m) | 4.7 m | 11.1 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 k | 96 k | 63 k | |

## Income Taxes Paid | 122 k | 184 k | 263 k | 351 k |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (2.8 m) | (3.6 m) | (1.3 m) | (1.6 m) | (2.4 m) | (1.6 m) | (5.1 m) | ||

## Accounts Payable | 899 k | 734 k | 2.4 m | 2.9 m | 2.6 m | 2.8 m | 4.9 m | 3.7 m | 6 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 76.7 k |

## Financial Leverage | 1.7 x |

Brightcove's Customers was reported to be 4.6 k in FY, 2016, which is a 9% decrease from the previous period. Brightcove's Backlog 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

Source: 58 public H-1B filings from Brightcove