SeaChange International is a multinational company that 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 worldwide.
The Company offers multi-screen television products, including Rave, an OTT platform; Adrenalin, a multi-screen television platform that enables service providers to manage, monetize, and deliver a seamless viewing experience to subscribers across televisions, personal computers, tablets, smartphones, and other IP-enabled devices; Nitro, subscriber experience software that gives service providers an interface that personalizes the multi-platform subscriber experience; and AssetFlow that is used to receive, manage, and publish content for on-demand viewing on televisions, tablets, PCs, and other consumer devices.
The Company also provides television advertising products, such as Infusion Advanced Advertising Platform that enables service providers to maximize advertising revenue across multi-screen, linear, on-demand, and over-the-top viewing; AdPulse, on-demand advertising software enabling service providers to capitalize on video-on-demand television services with ad placements; and AdFlow that enables advertisements to be ready for insertion and handles advertisement file processing, verification, transcoding operations, and confirms play-out for revenue booking. In addition, it provides Nucleus, video gateway software, as well as professional services, installation, training, project management, product maintenance, technical support, and software development related services.
Key People/Management at SeaChange
Ed Terino
David McEvoy
Maria Duquette
SeaChange Office Locations
SeaChange Financials and Metrics
SeaChange Revenue
| USD | |
|---|---|
Revenue (Q1, 2019) | 14.9 m |
Gross profit (Q1, 2019) | 8.9 m |
Gross profit margin (Q1, 2019), % | 59.6% |
Net income (Q1, 2019) | (5.5 m) |
EBIT (Q1, 2019) | (5.1 m) |
Market capitalization (16-Aug-2018) | 104.4 m |
Closing stock price (16-Aug-2018) | 2.9 |
Cash (30-Apr-2018) | 38.9 m |
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Revenue | 146.3 m | 115.4 m | 107 m | 83.8 m |
Revenue growth, % | (21%) | (7%) | (22%) | |
Cost of goods sold | 67.1 m | 58.3 m | 60.2 m | 41.6 m |
Gross profit | 79.2 m | 57.1 m | 46.8 m | 42.2 m |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 37.8 m | 24.3 m | 29.8 m | 30 m | 23.2 m | 27.9 m | 28.7 m | 21.6 m | 18.5 m | 20 m | 16.7 m | 17.2 b | 23.4 m | 14.9 m |
Cost of goods sold | 16.9 m | 13.4 m | 14.5 m | 15.2 m | 13.1 m | 13.4 m | 21.9 m | 12.4 m | 11 m | 10.1 m | 6.8 m | 5.8 b | 7.1 m | 6 m |
Gross profit | 20.9 m | 10.9 m | 15.4 m | 14.8 m | 10.1 m | 14.4 m | 6.9 m | 9.1 m | 7.5 m | 9.8 m | 9.9 m | 11.4 b | 16.4 m | 8.9 m |
Gross profit Margin, % | 55% | 45% | 52% | 49% | 44% | 52% | 24% | 42% | 40% | 49% | 59% | 66% | 70% | 60% |
- Source: SEC Filings
| usd | Y, 2010 | Y, 2011 | Y, 2012 | Y, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|---|---|---|---|
Cash | 37.6 m | 73.1 m | 80.6 m | 106.7 m | 115.7 m | 90 m | 58.7 m | 28.3 m |
Accounts Receivable | 12.7 m | |||||||
Inventories | 6.6 m | 3 m | 3.8 m | 2.4 m | ||||
Current Assets | 169.1 m | 136 m | 102.8 m | 69.4 m |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 114.1 m | 103.3 m | 96.6 m | 94.6 m | 73 m | 60.6 m | 58 m | 51.5 m | 38.7 m | 27.5 m | 26.8 m | 25.3 m | 27.2 m | 38.9 m |
Inventories | 7.3 m | 6.3 m | 4.9 m | 4.1 m | 2.9 m | 3.3 m | 2 m | 1.7 m | 1.5 m | 998 k | 597 k | 635 k | 850 k | 745 k |
Current Assets | 165.2 m | 155.1 m | 145.5 m | 139.2 m | 109.9 m | 107.5 m | 103.8 m | 94.9 m | 74 m | 69.4 m | 59.6 m | 60.5 m | 67.9 m | 63.8 m |
PP&E | 18.9 m | 17.3 m | 17 m | 16.5 m | 15.3 m | 15 m | 14.7 m | 13.5 m | 13.1 m | 12.1 m | 11.2 m | 10.6 m | 10.1 m | 9.2 m |
| usd | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | (3 m) | (27.5 m) | (47.7 m) | (71.2 m) |
Depreciation and Amortization | 4.4 m | 1.1 m | 739 k | 1.3 m |
Inventories | (234 k) | 3.2 m | (937 k) | 806 k |
Accounts Payable | (873 k) | (1.6 m) | 874 k | (1.7 m) |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q1, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (1.6 m) | (9.5 m) | (15 m) | (6.3 m) | (9.8 m) | (14.9 m) | (25.4 m) | (8.9 m) | (35.8 m) | (43.9 m) | (5.4 m) | (6.9 m) | (5.5 m) |
Depreciation and Amortization | 995 k | 1.9 m | 2.8 m | 181 k | 192 k | 184 k | 316 k | 316 k | 315 k | 254 k | |||
Inventories | (859 k) | 244 k | 1.2 m | 1.9 m | (148 k) | (732 k) | (1.2 m) | (91 k) | 19 k | 338 k | 154 k | 57 k | (80 k) |
Accounts Payable | (1.6 m) | 771 k | (1.1 m) | (1.2 m) | 119 k | 1.9 m | 718 k | (1.7 m) | (1.6 m) | (2.1 m) | (1.7 m) | (2.6 m) | (576 k) |
| USD | Y, 2018 |
|---|---|
Financial Leverage | 1.3 x |
SeaChange Online and Social Media Presence
1.44k Twitter followers
SeaChange has 1.44k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.7% quarter over quarter
547 Facebook likes
SeaChange has 547 Facebook Likes. The number of likes has increased 0.5% month over month and increased 1.2% quarter over quarter