Cinedigm

OverviewSuggest Edit

Cinedigm is a distributor and aggregator of independent film and television content rights distributed across digital, over-the-top (OTT), physical, and home and mobile entertainment platforms, as well as a servicer of digital cinema assets. Its streaming technology platform MatchpointTM is a software-as-a-service platform that automates the distribution of streaming content and OTT channels. The company distributes content for brands such as Hallmark, Televisa, ITV, Nelvana, ZDF, Konami, NFL, NHL, as well as content creators, movie producers, television producers, etc.
TypePublic
HQNew York, NY, US
Websitecinedigm.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Mar 2021)68(-2%)
Job Openings6
Revenue (FY, 2022)$56.1 M(+79%)
Share Price (Jul 2022)$0.6(-1%)
Cybersecurity ratingBMore
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Key People/Management at Cinedigm

Chris McGurk

Chris McGurk

Chairman of the Board & Chief Executive Officer
John Canning

John Canning

CFO
Tony Huidor

Tony Huidor

Chief Technology & Product Officer
Gary S. Loffredo

Gary S. Loffredo

President, Chief Operating Officer & General Counsel
Yolanda Macias

Yolanda Macias

Chief Content Officer
Erick Opeka

Erick Opeka

Chief Strategy Officer & President, Cinedigm Networks
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Cinedigm Office Locations

Cinedigm has an office in New York
New York, NY, US (HQ)
237 W 35th St Suite 605
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Cinedigm Financials and Metrics

Cinedigm Revenue

Cinedigm's revenue was reported to be $56.05 m in FY, 2022
USD

Revenue (FY, 2022)

56.1m

Net income (FY, 2022)

2.3m

EBIT (FY, 2022)

(925.0k)

Market capitalization (29-Jul-2022)

98.3m

Closing stock price (29-Jul-2022)

0.6

Cash (31-Mar-2022)

13.1m
Cinedigm's current market capitalization is $98.3 m.
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Revenue

53.5m39.3m31.4m56.1m

Revenue growth, %

(27%)(20%)

Cost of goods sold

16.1m17.1m16.1m813.0k

Gross profit

37.4m22.1m15.3m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2020Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

9.8m10.2m11.5m6.0m7.2m10.0m15.0m10.1m14.1m

Cost of goods sold

3.6m4.1m5.7m2.7m4.3m4.4m4.6m3.3m6.5m

Gross profit

6.2m6.2m5.8m3.3m2.9m5.6m10.4m6.8m

Gross profit Margin, %

63%60%50%55%40%56%69%67%
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2022

Cash

17.9m14.3m16.8m13.1m

Accounts Receivable

35.5m34.8m21.1m30.8m

Prepaid Expenses

8.5m9.4m3.7m5.8m

Inventories

673.0k582.0k166.0k116.0k
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q2, 2022Q3, 2022

Cash

16.1m13.7m14.5m16.3m16.5m26.2m12.6m20.2m

Accounts Receivable

37.7m36.9m40.9m26.5m23.2m25.1m24.2m29.8m

Prepaid Expenses

8.8m9.2m9.5m8.3m9.4m7.4m3.6m5.8m

Inventories

612.0k607.0k598.0k437.0k242.0k223.0k122.0k92.0k
Annual
USDFY, 2019FY, 2020FY, 2021FY, 2021FY, 2022

Net Income

(16.3m)(14.7m)(62.9m)(62.9m)2.3m

Depreciation and Amortization

13.8m9.4m6.9m6.9m4.6m

Inventories

211.0k495.0k251.0k251.0k50.0k

Accounts Payable

(540.0k)8.0m(29.8m)(29.8m)4.1m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Net Income

(5.0m)(8.1m)(10.3m)(19.9m)(46.4m)(56.1m)5.2m5.0m4.6m

Depreciation and Amortization

2.8m5.0m7.2m2.1m4.1m5.5m1.5m2.6m3.7m

Inventories

194.0k500.0k535.0k473.0k1.2m1.5m58.0k70.0k74.0k

Accounts Payable

4.1m3.0m12.0m(11.5m)(18.9m)(21.8m)3.5m6.0m7.9m
USDFY, 2019

Revenue/Employee

546.3k

Debt/Equity

-1.7 x

Debt/Assets

0.6 x

Financial Leverage

-2.7 x
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Cinedigm Operating Metrics

Cinedigm's Subscribers was reported to be 640 k in FY, 2021. Cinedigm's Monthly Active Users was reported to be 23.8 m in FY, 2021.
FY, 2019FY, 2020FY, 2021

Films in Library

50 k50 k33 k

Monthly Active Users

23.8 m

Retail Stores

60 k60 k48 k

Subscribers

640 k

Cinedigm Acquisitions / Subsidiaries

Company NameDateDeal Size
FoundationTVMarch 08, 2021
Scream BOXFebruary 12, 2021
FandorJanuary 19, 2021
Access Digital Cinema Phase 2 B/AIX Corp.
Access Digital Cinema Phase 2, Corp.
Access Digital Media, Inc.
ADM Cinema Corporation d/b/a the Pavilion Theatre
CDF2 Holdings, LLC
C&F Merger Sub Inc.
Christie/AIX, Inc.
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Cinedigm Revenue Breakdown

Embed Graph

Cinedigm revenue breakdown by business segment: 89.7% from Content & Entertainment and 10.3% from Cinema Equipment Business

Cinedigm Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Cinedigm Online and Social Media Presence

Embed Graph

Cinedigm News and Updates

Cinedigm Announces Release of Daring Psychological Thriller 'Into Schrödinger's Box,' Coming Exclusively to Fandor on Dec. 1

'Into Schrödinger's Box' brings audiences face-to-face with a quarantine turned nightmare, with a timely exploration of the isolation and fear associated with the COVID-19 pandemic.

Cinedigm Releases Award-Winning Documentary 'Opeka' as Fandor Exclusive

Director Cam Cowan's award-winning documentary of the life and work of Nobel Peace Prize nominee Father Pedro Opeka has its North American premiere on indie streaming service, Fandor.

Broadside Enterprises Inc (OTC: BRSE) announces Worldwide digital content distribution deal with Cinedigm Corp (NASDAQ: CIDM)

LOS ANGELES, May 26, 2021 /PRNewswire/ -- MonteCristo International Entertainment, a wholly owned subsidiary of Broadside Enterprises, Inc. (OTC:BRSE) has inked a deal with Cinedigm, the leading independent streaming company super-serving enthusiast fan bases, to make an initial number of...

Thinking about buying stock in SemiLEDs Corp, Castor Maritime, Cinedigm Corp, Naked Brand, or Zomedica?

NEW YORK, May 10, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LEDS, CTRM, CIDM, NAKD, and ZOM. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in Sundial Growers, IQIYI Inc, Genius Brands, Sos Ltd, or Cinedigm Corp?

NEW YORK, March 29, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SNDL, IQ, GNUS, SOS, and CIDM. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in Tencent Music Entertainment, Four Seasons Edu, Cinedigm, Molecular Data, or Palantir Technologies?

NEW YORK, March 26, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TME, FEDU, CIDM, MKD, and PLTR. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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Cinedigm Blogs

Cinedigm Results Continue Upswing In Q3 As Company Pivots To Streaming

Continuing its long-term pivot away from cinema equipment and toward streaming, Cinedigm posted third-quarter results showing several encouraging signs, even if some red ink continues to flow. Continue reading at Deadline.com The post Cinedigm Results Continue Upswing In Q3 As Company Pivots To Stre…

Cinedigm General Counsel and Cinema Equipment Business Operating Head Gary Loffredo Appointed Chief Operating Officer

LOS ANGELES, Feb. 14, 2019 (GLOBE NEWSWIRE) — Cinedigm (NASDAQ: CIDM) announced today that Gary Loffredo has been appointed to the newly created role of Chief Operating Officer.  In addition, Loffredo will retain his roles as General Counsel and President of Digital Cinema.  Loffredo will continue r…

Is the US Ready for an All-Chinese Content Streaming Service?

New streaming platform BAMBU is hoping to bring Chinese movies and TV shows to US audiences Continue reading at RADII.com The post Is the US Ready for an All-Chinese Content Streaming Service? appeared first on Cinedigm.

Cinedigm Announces Second Quarter Fiscal 2019 Financial Results

Net Loss Reduced by $4.0 million or 53%; OTT Channel Revenues Up 23%; Strategic Transition to OTT Business Model Continues LOS ANGELES, Nov. 14, 2018 (GLOBE NEWSWIRE) — Cinedigm Corp. (NASDAQ: CIDM) today announced financial results for the second quarter fiscal 2019, which ended September 30, 2018.…

Cinedigm Licenses a Roster of Nostalgia-Fueled DHX Media Programming Featuring Classic Cartoons & Childhood Favorites

The Agreement Provides Cinedigm’s Fandom Lifestyle Network, CONtv with Hundreds of Hours of DHX Media Programming, Featuring Inspector Gadget, Mummies Alive!, Where on Earth Is Carmen Sandiego, Action Man, and More    Los Angeles, CA, November 5, 2018 – Cinedigm (CIDM) announced today a content deal…

What is the Dove Channel and Where to Find it? New Holiday Lineup And Special Pricing Announced

Cinedigm’s Digital Networks group has launched Dove Channel, a purely family-friendly channel of streaming entertainment that today has announced a special rate which allows people to pay for access once for the year and have safe, family viewing at their disposal anytime. Continue reading this arti…
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Cinedigm Frequently Asked Questions

  • Who are Cinedigm key executives?

    Cinedigm's key executives are Chris McGurk, John Canning and Tony Huidor.

  • How many employees does Cinedigm have?

    Cinedigm has 68 employees.

  • What is Cinedigm revenue?

    Latest Cinedigm annual revenue is $56.1 m.

  • What is Cinedigm revenue per employee?

    Latest Cinedigm revenue per employee is $824.3 k.

  • Who are Cinedigm competitors?

    Competitors of Cinedigm include Viacom18 Media, Betv and Canela Media.

  • Where is Cinedigm headquarters?

    Cinedigm headquarters is located at 237 W 35th St Suite 605, New York.

  • Where are Cinedigm offices?

    Cinedigm has an office in New York.

  • How many offices does Cinedigm have?

    Cinedigm has 1 office.