Digimarc Corp (OQ:DMRC)

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 8500 Sw Creekside Place
BEAVERTON OR 97008
Tel: N/A
Website: https://www.digimarc.com
IR: See website
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Key People
Riley Mccormack
President, Chief Executive Officer, Director
George Rieck
Vice President - Government Programs
Charles Beck
Chief Financial Officer, Executive Vice President, Treasurer
Jill Elliott
Chief People Officer, Executive Vice President
Tony Rodriguez
Executive Vice President, Chief Technology Officer
George Karamanos
Executive Vice President, Secretary, Chief Legal Officer
Ken Sickles
Executive Vice President and Chief Product Officer
Lucy Oulton
Vice President - Operations
Jennah Jevning
Vice President - Marketing
Joel Meyer
Vice President - Intellectual Property and Innovation Strategy
   
Business Overview
Digimarc Corporation is engaged in offering digital watermarking technologies. The Company offers a Digimarc Illuminate Platform, which is a software-as-a-service (SaaS) cloud-based platform for digital connectivity that provides the tools for the application of advanced digital watermarks and dynamic quick response (QR) codes, software (digital twins) that enables various systems and devices to interact with those data carriers, and a centralized platform for capturing insights about digital interactions and automating activities based on that information. Its Digimarc Validate protects product authenticity to ensure real products are in the right place. Its technology delivers covert digital watermarks and/or QR codes and a cloud-based record of product authentication information. Its Digimarc Engage unlocks an interactive communications channel connecting brands and consumers. Its Digimarc Recycle increases the recyclability of products and packaging through digital watermarks.
Financial Overview
For the fiscal year ended 31 December 2023, Digimarc Corp revenues increased 15% to $34.9M. Net loss decreased 23% to $46M. Revenues reflect Commercial segment increase of 18% to $18.8M, Government segment increase of 12% to $16M, International segment increase of 16% to $23.5M, Domestic segment increase of 13% to $11.4M. Lower net loss reflects Other Sales and marketing decrease of 24% to $19.8M (expense).
Employees: 248 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $464.21M as of Dec 31, 2023
Annual revenue (TTM): $34.85M as of Dec 31, 2023
EBITDA (TTM): -$40.35M as of Dec 31, 2023
Net annual income (TTM): -$45.96M as of Dec 31, 2023
Free cash flow (TTM): -$22.74M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 21,372,167 as of Feb 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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