Brightcove Inc (OQ:BCOV)

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
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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

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