Sector: Technology | Industry: Internet Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 281 Summer Street BOSTON MA 02210 |
Tel: | 1-617-5004947 |
Website: | https://www.brightcove.com |
IR: | See website |
Key People | ||
Marc DeBevoise Chief Executive Officer, Director | Robert Noreck Executive Vice President, Chief Financial Officer | David Beck Chief Operating Officer, Chief Strategy and Corporate Development Officer |
Trisha Stiles Chief People Officer | Kathy Klingler Chief Marketing Officer | Dan Freund Chief Revenue Officer |
Jim Norton Chief Revenue Officer | David Plotkin Chief Legal Officer |
Business Overview |
Brightcove Inc. is a cloud-based streaming technology and services company. The Company's software platform and suite of solutions include offerings that meet the needs of media and enterprise customers in a variety of industries across the globe with their use of streaming video. Its solutions and products include Brightcove Marketing Studio, Brightcove Communications Studio, Brightcove Media Studio, Brightcove Audience Insights, Zencode, and Brightcove Beacon. Brightcove Communications Studio is for marketers and corporate communications professionals who need tools to deliver information in an engaging, secure, and scalable manner through live and on-demand content. Brightcove Media Studio is a comprehensive solution for over-the-top video services, media publishers and broadcasters looking to monetize their media, live stream at scale and nurture their audience lifecycle. Brightcove Audience Insights is a customer data platform specifically designed for video streaming businesses. |
Financial Overview |
For the fiscal year ended 31 December 2023, Brightcove Inc revenues decreased 5% to $201.2M. Net loss increased from $9M to $22.9M. Revenues reflect Volume segment decrease of 43% to $1.3M, Asia Pacific segment decrease of 18% to $27.4M, Europe segment decrease of 9% to $32.9M. Higher net loss reflects Research and Development increase of 9% to $33.6M (expense), General and Administrative increase of 7% to $28.8M (expense). |
Employees: | 671 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $68.36M as of Dec 31, 2023 |
Annual revenue (TTM): | $201.19M as of Dec 31, 2023 |
EBITDA (TTM): | -$1.99M as of Dec 31, 2023 |
Net annual income (TTM): | -$22.89M as of Dec 31, 2023 |
Free cash flow (TTM): | -$11.15M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 43,705,444 as of Feb 16, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |