Synacor is the company engaged in technology development, multi platform services and revenue partner for video, the Internet and communications providers, device manufacturers, governments, and enterprises. The Company's mission is to enable its customers to better engage with their consumers. The customers use Synacor’s technology platforms and services to scale their businesses and extend their subscriber relationships. Synacor delivers managed portals, advertising solutions, email and collaboration platforms, end-to-end video solutions and cloud-based identity management.

TypePublic
HQBuffalo, US
Founded1998
Size (employees)449 (est)
Websitesynacor.com
Synacor was founded in 1998 and is headquartered in Buffalo, US
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Key People/Management at Synacor

Steve Davi

Steve Davi

Senior Vice President, Software Engineering

Synacor Office Locations

Synacor has offices in Singapore, Buffalo, Westford, Frisco and in 7 other locations
Buffalo, US (HQ)
300 40 La Riviere Dr
Frisco, US
200 3000 Internet Blvd
New York, US
450 7th Ave
San Francisco, US
1100 360 Post St
Westford, US
1 Technology Park Dr
Ottawa, CA
500 55 Murray St
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Synacor Financials and Metrics

Synacor Revenue

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Synacor's revenue was reported to be $127.37 m in FY, 2016 which is a 15.5% increase from the previous period.
USD

Revenue (Q2, 2018)

68.8m

Gross profit (Q2, 2018)

35.4m

Gross profit margin (Q2, 2018), %

51.4%

Net income (Q2, 2018)

(5.0m)

EBIT (Q2, 2018)

(4.4m)

Market capitalization (15-Oct-2018)

78.7m

Closing stock price (15-Oct-2018)

2.0

Cash (30-Jun-2018)

15.0m

EV

68.3m
Synacor's current market capitalization is $78.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

111.8m106.6m110.2m127.4m

Revenue growth, %

(5%)3%16%

Cost of goods sold

59.6m57.9m54.4m59.1m

Gross profit

52.2m48.6m55.8m68.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

26.6m25.2m24.2m26.2m26.7m24.7m26.4m30.3m30.5m31.7m26.5m31.2m36.3m32.9m68.8m

Cost of goods sold

14.1m13.9m13.1m14.4m14.4m12.5m13.3m13.0m13.5m14.6m12.6m14.5m17.6m15.2m33.5m

Gross profit

12.5m11.4m11.0m11.8m12.3m12.2m13.1m17.3m17.0m17.1m14.0m16.8m18.6m17.7m35.4m

Gross profit Margin, %

47%45%46%45%46%49%50%57%56%54%53%54%51%54%51%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

36.4m25.6m15.7m14.3m

Accounts Receivable

Inventories

1.7m2.3m3.3m

Current Assets

53.0m48.4m43.3m46.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

34.8m33.0m25.7m24.4m26.8m27.1m15.6m15.7m16.3m15.0m11.3m23.0m22.9m16.4m15.0m

Accounts Receivable

19.3m6.9m

Inventories

6.6m

Current Assets

52.4m50.8m46.4m44.2m48.3m46.1m38.6m42.5m40.5m39.6m33.6m45.8m50.0m46.3m42.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(1.4m)(12.9m)(3.5m)(10.7m)

Depreciation and Amortization

4.7m5.1m6.9m9.2m

Inventories

189.0k(367.0k)(547.0k)

Accounts Payable

(527.0k)(359.0k)(3.6m)8.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Net Income

(832.0k)(2.1m)(1.9m)(2.6m)(1.1m)(1.1m)(931.0k)(1.6m)(2.8m)(3.4m)(6.7m)(2.4m)(5.0m)

Depreciation and Amortization

1.1m1.1m1.1m1.1m1.5m1.7m1.6m2.1m2.3m2.4m2.2m2.4m4.9m

Accounts Payable

10.7m10.8m13.5m10.4m11.6m12.1m10.7m11.9m15.0m(7.4m)(9.5m)

Cash From Operating Activities

(3.5m)(2.6m)
USDY, 2018

EV/EBIT

-15.4 x

EV/CFO

-26.5 x

Financial Leverage

1.7 x
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Synacor Online and Social Media Presence

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Synacor News and Updates

180 Degree Capital Corp. Announces Focus of Second SPV: Synacor, Inc. and a Call to Discuss This Investment on Monday, August 6, 2018

MONTCLAIR, N.J., Aug. 06, 2018 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180” and the “Company”), announced today that the investment focus of the company’s second special purpose vehicle (“SPV”) is Synacor, Inc. (“SYNC”).  In April 2018, 180 raised $3.35 million in the SPV and …
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Synacor Company Life and Culture

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