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.

Type
Public
HQ
Buffalo, US
Founded
1998
Size (employees)
449 (est)
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 Financials

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 (Q1, 2018)

32.9 m

Gross profit (Q1, 2018)

17.7 m

Gross profit margin (Q1, 2018), %

53.8%

Net income (Q1, 2018)

(2.4 m)

EBIT (Q1, 2018)

(2.4 m)

Market capitalization (15-May-2018)

73.7 m

Closing share price (15-May-2018)

1.9

Cash (31-Mar-2018)

16.4 m

EV

62.5 m
Synacor's current market capitalization is $73.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

111.8 m106.6 m110.2 m127.4 m

Revenue growth, %

(5%)3%16%

Cost of goods sold

59.6 m57.9 m54.4 m59.1 m

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

36.4 m25.6 m15.7 m14.3 m

Accounts Receivable

Inventories

1.7 m2.3 m3.3 m

Current Assets

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

Cash

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

Accounts Receivable

19.3 m6.9 m

Inventories

6.6 m

Current Assets

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

Net Income

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

Depreciation and Amortization

4.7 m5.1 m6.9 m9.2 m

Inventories

189 k(367 k)(547 k)

Accounts Payable

(527 k)(359 k)(3.6 m)8.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

(832 k)(2.1 m)(1.9 m)(2.6 m)(1.1 m)(1.1 m)(931 k)(1.6 m)(2.8 m)(3.4 m)(6.7 m)(2.4 m)

Depreciation and Amortization

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

Accounts Payable

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

Cash From Operating Activities

(3.5 m)
USDY, 2018

EV/EBIT

-26.3 x

EV/CFO

-17.6 x

Financial Leverage

1.7 x
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Synacor News and Updates

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