OverviewSuggest Edit

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
Founded1998
HQBuffalo, US
Websitesynacor.com
Employee Ratings2.6

Latest Updates

Employees (est.) (Dec 2019)320(-21%)
Revenue (FY, 2019)$121.8 M(-15%)
Share Price (Sept 2020)$1.4 (+2%)
Cybersecurity ratingCMore

Key People/Management at Synacor

Tim Heasley

Tim Heasley

Chief Financial Officer
Himesh Bhise

Himesh Bhise

Chief Executive Officer
Steve Davi

Steve Davi

Executive Vice President, Technology
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Synacor Office Locations

Synacor has offices in Buffalo, El Segundo, Frisco, New York and in 7 other locations
Buffalo, US (HQ)
40 La Riviere Dr #300
El Segundo, US
300 Continental Blvd #150
Frisco, US
2591 Dallas Pkwy #200
New York, US
450 7th Ave
Westford, US
1 Technology Park Dr
Ottawa, CA
500 55 Murray St
Show all (11)

Synacor Financials and Metrics

Synacor Revenue

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Synacor's revenue was reported to be $121.85 m in FY, 2019
USD

Revenue (Q2, 2020)

18.2m

Gross profit (Q2, 2020)

9.1m

Gross profit margin (Q2, 2020), %

50.3%

Net income (Q2, 2020)

(3.2m)

EBIT (Q2, 2020)

(3.1m)

Market capitalization (21-Sept-2020)

55.1m

Closing stock price (21-Sept-2020)

1.4

Cash (30-Jun-2020)

6.0m

EV

53.4m
Synacor's current market capitalization is $55.1 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

3.8m(1.4m)(12.9m)(3.5m)(10.7m)(9.8m)(7.6m)(9.0m)

Depreciation and Amortization

3.8m4.7m5.1m6.9m9.2m9.8m

Accounts Payable

2.3m(527.0k)(359.0k)(3.6m)8.7m

Cash From Operating Activities

14.7m5.2m(3.3m)7.7m8.2m(263.0k)2.1m2.5m
USDQ1, 2012

Financial Leverage

1.5 x
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Synacor Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Synacor Online and Social Media Presence

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Synacor News and Updates

Synacor Debuts Zimbra Cloud Collaboration Suite for Business at the Office or Home

Zimbra Cloud is based on the popular Zimbra platform, trusted by thousands of businesses and used by tens of millions of users around the world.read more

180 Degree Capital Corp.’s CEO, Kevin M. Rendino, Appointed to the Board of Its Portfolio Company, Synacor, Inc.

MONTCLAIR, N.J., March 05, 2019 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180” and the “Company”), today notes that its Chief Executive Officer, Kevin M. Rendino, was appointed to the Board of Directors of Synacor, Inc., a portfolio holding of 180. 

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 …

Synacor Frequently Asked Questions

  • When was Synacor founded?

    Synacor was founded in 1998.

  • Who are Synacor key executives?

    Synacor's key executives are Tim Heasley, Himesh Bhise and Steve Davi.

  • How many employees does Synacor have?

    Synacor has 320 employees.

  • What is Synacor revenue?

    Latest Synacor annual revenue is $121.8 m.

  • What is Synacor revenue per employee?

    Latest Synacor revenue per employee is $380.8 k.

  • Who are Synacor competitors?

    Competitors of Synacor include IntelePeer, Vonage and Veon.

  • Where is Synacor headquarters?

    Synacor headquarters is located at 40 La Riviere Dr #300, Buffalo.

  • Where are Synacor offices?

    Synacor has offices in Buffalo, El Segundo, Frisco, New York and in 7 other locations.

  • How many offices does Synacor have?

    Synacor has 11 offices.