OverviewSuggest Edit

SeaChange provides multi-screen video products and services that facilitate the aggregation, licensing, management, and distribution of video programs and television advertisements to cable system operators, telecommunications companies, mobile communications providers and media companies.

TypePublic
Founded1993
HQActon, US
Websiteseachange.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Jan 2020)179(-27%)
Job Openings4
Revenue (FY, 2020)$67.2 M(+8%)
Share Price (Nov 2020)$0.8 (+7%)
Cybersecurity ratingAMore

Key People/Management at SeaChange

Yossi Aloni

Yossi Aloni

CEO & Director
Marek Kielczewski

Marek Kielczewski

Chief Technology Officer
Chad Hassler

Chad Hassler

Chief Commercial Officer
Michael Prinn

Michael Prinn

Chief Financial Officer
Julian D. Singer

Julian D. Singer

Director
Walid Hamri

Walid Hamri

Chief Product Officer
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SeaChange Office Locations

SeaChange has offices in Acton, Santa Monica, Waltham, Bangalore and in 7 other locations
Acton, US (HQ)
50 Nagog Park
Santa Monica, US
2001 Wilshire Blvd #330
Waltham, US
10 CityPoint, 500 Totten Pond Rd
Bangalore, IN
150 Old Airport Road Diamond District, Mateen Tower Kodihalli
Dundalk, IE
Finnabair Industrial Estate, Haggardstown
EINDHOVEN, NL
Flight Forum 3200 Building C
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SeaChange Financials and Metrics

SeaChange Revenue

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View revenue for all periods
SeaChange's revenue was reported to be $67.15 m in FY, 2020
USD

Revenue (Q2, 2021)

5.0m

Gross profit (Q2, 2021)

1.8m

Gross profit margin (Q2, 2021), %

36.3%

Net income (Q2, 2021)

(5.8m)

EBIT (Q2, 2021)

(6.2m)

Market capitalization (13-Nov-2020)

30.4m

Closing stock price (13-Nov-2020)

0.8

Cash (31-Jul-2020)

7.4m

EV

31.3m
SeaChange's current market capitalization is $30.4 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

197.7m157.2m146.3m115.4m107.0m83.8m80.3m62.4m67.2m

Revenue growth, %

(21%)(7%)(22%)

Cost of goods sold

99.7m75.3m67.1m58.3m60.2m41.6m26.3m25.1m23.7m

Gross profit

98.0m81.9m79.2m57.1m46.8m42.2m53.9m37.3m43.5m
Annual
USDY, 2010Y, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

37.6m73.1m80.6m80.6m106.7m106.7m115.7m90.0m58.7m28.3m43.7m20.3m9.0m

Accounts Receivable

49.1m40.1m12.7m22.5m19.3m12.1m

Prepaid Expenses

8.7m11.0m3.6m6.0m5.1m

Inventories

10.2m7.4m6.6m3.0m3.8m2.4m666.0k924.0k
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(4.0m)(17.3m)(3.0m)(27.5m)(47.7m)(71.2m)13.5m(38.0m)(8.9m)

Depreciation and Amortization

7.5m4.7m4.4m1.1m739.0k1.3m4.7m2.9m2.0m

Inventories

(1.2m)763.0k(234.0k)3.2m(937.0k)806.0k34.0k(260.0k)924.0k

Accounts Payable

(2.6m)(236.0k)(873.0k)(1.6m)874.0k(1.7m)(2.5m)2.2m(1.1m)
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SeaChange Operating Metrics

SeaChange's Subscribers was reported to be 50 m in Apr, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017Apr, 2017

Clients

200

Patents Issued

30 31 31 24

Subscribers

50 m
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SeaChange Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

SeaChange Online and Social Media Presence

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SeaChange News and Updates

SeaChange Joins Russell 3000(R) Index

Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 8, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000 ® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 ® Index or small-ca…

SeaChange Announces Leadership Changes

Edward Terino Resigns as CEO

SeaChange International Reports Third Quarter Fiscal 2019 Results

ACTON, Mass., Dec. 10, 2018 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC) today reported third quarter fiscal 2019 revenue of $18.6 million and a U.S. GAAP loss from operations of $2.5 million, or $0.07 per basic share, compared to third quarter fiscal 2018 revenue of $23.4 mill…

SeaChange International Named to Streaming Media’s Top 50 Companies Leading the Online Video Industry List

The Top 50 List Will Be Published in The October 2018 Issue The Top 50 List Will Be Published in The October 2018 Issue

SeaChange's stock suffering record selloff after warning of wider loss, lower revenue

Shares of SeaChange International Inc. plunged 44% toward a record low Tuesday, putting them on track for the biggest one-day selloff since they went public about 22 years ago, after the multi-screen video services company warned that it will report a wider-than-expected second-quarter loss and low…

SeaChange's stock plunges toward a record low after warning of wider loss, lower revenue

Shares of SeaChange International Inc. plunged 40% toward a record low in premarket trade Tuesday, after the multi-screen video services company warned that it will report a wider-than-expected second-quarter loss and lower revenue, citing a number of deals that were delayed to the third quarter. T…
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SeaChange Blogs

SeaChange Joins Russell 3000® Index

WALTHAM, MA – June 29, 2020 –SeaChange International Inc.(NASDAQ: SEAC),a leading provider of video delivery platforms,was added to the broad-market Russell 3000® Index at the conclusion of the annual reconstitution of the Russell indexes, effective after the U.S. market opens today, June 29, accord…

SeaChange International Reports Fiscal First Quarter 2021 Financial Results

WALTHAM, MA – June 11, 2020 – SeaChange International Inc. (NASDAQ: SEAC), a leading provider of video delivery platforms, today reported financial results for the fiscal first quarter ended April 30, 2020. Management Commentary “As we previously communicated on May 21, 2020, our business was impact…

SeaChange International Sets First Quarter 2021 Conference Call for Thursday, June 11 at 5:00 p.m. ET

Waltham, Mass., June 1, 2020 – SeaChange International, Inc. (NASDAQ: SEAC), a leading provider of video delivery platforms, will hold a conference call on Thursday, June 11, 2020 at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended April 30, 2020. Financial results…

SeaChange to Drive TV Provider Revenues and User Engagement with Amazon Web Services

Waltham, Mass., May 27, 2020 – SeaChange International, Inc. (NASDAQ: SEAC), a leading provider of video delivery platforms, builds on an existing relationship with Amazon Web Services (AWS) to provide new functionalities for the Framework cloud-based video delivery platform with AWS machine learnin…

SeaChange International Issues Business Update in Response to Global Impact of COVID-19

WALTHAM, MA – May 20, 2020 – SeaChange International Inc. (NASDAQ: SEAC), a leading provider of cloud and on-premise video delivery platforms worldwide, has provided an update on the impact of recent macro events on its operations, as well as actions the Company has taken in response to the COVID-19…

Monetizing Unsold Advertising Inventory is the Revenue Opportunity Television Needs

Over the last decade, the television advertising industry has faced a steady decline in revenue and new business that is largely associated with the competition of online digital advertising. However, the decline has rapidly accelerated as a result of the COVID-19 pandemic. Economic recession has ad…
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SeaChange Frequently Asked Questions

  • When was SeaChange founded?

    SeaChange was founded in 1993.

  • Who are SeaChange key executives?

    SeaChange's key executives are Yossi Aloni, Marek Kielczewski and Chad Hassler.

  • How many employees does SeaChange have?

    SeaChange has 179 employees.

  • What is SeaChange revenue?

    Latest SeaChange annual revenue is $67.2 m.

  • What is SeaChange revenue per employee?

    Latest SeaChange revenue per employee is $375.2 k.

  • Who are SeaChange competitors?

    Competitors of SeaChange include MediaKind, Artifact Technologies and Storybird.

  • Where is SeaChange headquarters?

    SeaChange headquarters is located at 50 Nagog Park, Acton.

  • Where are SeaChange offices?

    SeaChange has offices in Acton, Santa Monica, Waltham, Bangalore and in 7 other locations.

  • How many offices does SeaChange have?

    SeaChange has 11 offices.