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 |
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 |