Ranked among the top 250 software companies in the world, SeaChange International enables transformative multi-screen video services through an open, cloud-based, intelligent software platform trusted by cable, IPTV and mobile operators globally. Personalized and fully monetized video experiences anytime on any device, in the home and everywhere, are the product of the Company’s superior back office, advertising, content and in-home device offerings. 

SeaChange’s hundreds of customers are many of the world’s most powerful media brands including all major cable operators in the Americas and Europe, and the largest telecom companies in the world. Headquartered in Acton, Massachusetts, SeaChange is TL 9000 certified and has product development, support and sales offices around the world.
Company Growth (employees)
Type
Public
HQ
Acton, US
Founded
1993
Size (employees)
660 (est)
SeaChange was founded in 1993 and is headquartered in Acton, US

Key People at SeaChange

Ed Terino

Ed Terino

COO
David McEvoy

David McEvoy

General Counsel
Maria Duquette

Maria Duquette

SVP, Services & Support

SeaChange Office Locations

SeaChange has offices in Acton, EINDHOVEN, Santa Monica, Fort Washington and in 8 other locations
Acton, US (HQ)
50 Nagog Park
Warszawa, PL
8 Aleja Jana Chrystiana Szucha
Singapore, SG
80 Robinson Rd
Bangalore, IN
150 Old Airport Road Diamond District, Mateen Tower Kodihalli
Diliman Quezon City, PH
2nd Floor Bldg A Up Ayala Techno Hub Commonwealth Ave
Ankara, TR
714. Sk. Vizyon Plaza No 5/23
Istanbul, TR
Medidiyekoy Mah. Cernal Sahir Sk. Polat Is Merkezi No. 29 D. 36
Dundalk, IE
Vesta Building Finnabair Business Park
Milpitas, US
890 Hillview Court Suite 300
Fort Washington, US
1075 Virginia Drive Suite 300
Santa Monica, US
2001 Wilshire Boulevard, Suite 330
Eindhoven, NL
Flight Forum 3200 Building C

SeaChange Data and Metrics

SeaChange Financial Metrics

SeaChange's revenue was reported to be $83.8 m in FY, 2017 which is a 22% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2017)

83.8 m

Revenue growth (FY, 2016 - FY, 2017), %

(22%)

Gross profit (FY, 2017)

42.2 m

Gross profit margin (FY, 2017), %

50%

Net income (FY, 2017)

(71.2 m)

EBIT (FY, 2017)

(54.1 m)

Market capitalization (25-May-2017)

85.8 m

Closing share price (25-May-2017)

2.4

Cash (31-Jan-2017)

28.3 m
SeaChange's current market capitalization is $85.8 m.
Numbers are in $, USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

146.3 m115.4 m107 m83.8 m

Revenue growth, %

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

Cost of goods sold

20.1 m17.4 m67.1 m58.3 m60.2 m41.6 m

Gross profit

79.2 m57.1 m46.8 m42.2 m

Gross profit Margin, %

54%49%44%50%

R&D expense

39.7 m42.2 m33.7 m30.1 m

General and administrative expense

17.6 m16 m15.5 m16.2 m

Operating expense total

80.8 m83.6 m95 m96.3 m

EBIT

(1.6 m)(26.5 m)(48.2 m)(54.1 m)

EBIT margin, %

(1%)(23%)(45%)(65%)

Income tax expense

1.9 m(1.6 m)55 k(1.1 m)(1 m)14.6 m

Net Income

(3 m)(27.5 m)(47.7 m)(71.2 m)
Numbers are in $, USDY, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

37.6 m73.1 m80.6 m106.7 m115.7 m90 m58.7 m28.3 m

Inventories

6.6 m3 m3.8 m2.4 m

Current Assets

169.1 m136 m102.8 m69.4 m

PP&E

18.5 m15.9 m14.1 m11.5 m

Goodwill

45.2 m41 m40.2 m

Total Assets

254.3 m212.4 m177.7 m116.1 m

Accounts Payable

6.6 m5.1 m6.1 m5 m

Current Liabilities

43.2 m35 m43 m27.4 m

Additional Paid-in Capital

221.9 m219.7 m228.2 m236.7 m

Total Equity

204.4 m171.1 m131 m69.5 m

Financial Leverage

1.2 x1.2 x1.4 x1.7 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(3 m)(27.5 m)(47.7 m)(71.2 m)

Depreciation and Amortization

4.4 m1.1 m739 k1.3 m

Accounts Receivable

5.4 m3.6 m(1.7 m)42 k

Inventories

(234 k)3.2 m(937 k)806 k

Accounts Payable

(873 k)(1.6 m)874 k(1.7 m)

Cash From Operating Activities

9 m(25.7 m)(31.3 m)

Purchases of PP&E

(2.3 m)(1.9 m)(1.4 m)(683 k)

Interest Paid

4 k6 k6 k6 k

Income Taxes Paid

2.6 m671 k640 k178 k
Numbers are in $, USDY, 2017

Revenue/Employee

127 k

Financial Leverage

1.7 x

SeaChange Market Value History

SeaChange Median Salaries

Source: 28 public H-1B filings from SeaChange

SeaChange Online and Social Media Presence

SeaChange Company Life and Culture

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