BCOV · Brightcove Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49.95M | $49.25M | $50.48M | - | $50.98M | $50.99M | $49.06M | - | $53.94M | $54.45M |
| Cost of Revenue | $18.38M | $19.41M | $19.62M | - | $19.26M | $18.50M | $20.27M | - | $20.06M | $18.70M |
| Gross Profit | $31.57M | $29.84M | $30.86M | - | $31.72M | $32.49M | $28.80M | - | $33.88M | $35.74M |
| R&D | $8.74M | $8.97M | $8.85M | - | $8.73M | $10.35M | $9.87M | - | $7.93M | $8.37M |
| SG&A | $9.24M | $8.82M | $9.54M | - | $7.94M | $9.40M | $10.06M | - | $7.75M | $8.55M |
| Total Operating Expenses | $34.38M | $34.88M | $28.85M | - | $34.01M | $38.83M | $39.54M | - | $34.70M | $35.04M |
| D&A | - | - | $4.92M | - | - | - | $3.95M | - | - | - |
| Operating Income | ($2.80M) | ($5.04M) | $2.01M | - | ($2.29M) | ($6.34M) | ($10.74M) | - | ($821.0K) | $703.0K |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $292.0K | $257.0K | $400.0K | - | $260.0K | $317.0K | $427.0K | - | $191.0K | $179.0K |
| Net Income | ($2.96M) | ($5.25M) | $1.57M | - | ($2.42M) | ($6.24M) | ($11.71M) | - | ($1.68M) | ($301.0K) |
| EPS - Basic | ($0.07) | ($0.12) | $0.04 | - | ($0.06) | ($0.14) | ($0.28) | - | ($0.04) | ($0.01) |
| EPS - Diluted | ($0.07) | ($0.12) | $0.04 | - | ($0.06) | ($0.14) | ($0.28) | - | ($0.04) | ($0.01) |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $26.96M | $24.17M | $22.87M | $18.61M | $16.42M | $19.09M | $12.48M | $31.89M | $31.35M | $27.80M |
| Accounts Receivable | $27.77M | $28.21M | $35.22M | $33.45M | $30.26M | $29.85M | $40.62M | $26.00M | $31.89M | $32.57M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $7.53M | $6.49M | $11.39M | $14.42M | $13.86M | $15.75M | $13.01M | $11.33M | $13.06M | $11.96M |
| Current Assets | $72.47M | $72.16M | $78.36M | $70.40M | $66.43M | $71.22M | $74.40M | $77.32M | $82.55M | $81.63M |
| Total Assets | $210.54M | $213.04M | $220.46M | $216.11M | $214.15M | $221.21M | $225.45M | $227.81M | $231.24M | $226.61M |
| Current Liabilities | $96.34M | $98.93M | $106.29M | $104.63M | $103.03M | $109.71M | $110.46M | $103.96M | $105.89M | $102.03M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $115.10M | $118.10M | $123.19M | $122.19M | $121.84M | $129.61M | $131.16M | $125.47M | $127.92M | $123.87M |
| Stockholders' Equity | $95.44M | $94.94M | $97.26M | $93.91M | $92.30M | $91.60M | $94.29M | $102.35M | $103.32M | $102.74M |
| Retained Earnings | ($239.57M) | ($236.61M) | ($231.37M) | ($232.94M) | ($230.43M) | ($228.01M) | ($221.77M) | ($210.06M) | ($204.66M) | ($202.98M) |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $2.03M | - | - | - | ($12.63M) | - | - | - |
| Investing Cash Flow | - | - | $3.00M | - | - | - | ($4.88M) | - | - | - |
| Financing Cash Flow | - | - | ($239.0K) | - | - | - | ($1.93M) | - | - | - |
| CapEx | - | - | $817.0K | - | - | - | $952.0K | - | - | - |
| Free Cash Flow | - | - | $1.21M | - | - | - | ($13.58M) | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 63.2% | 60.6% | 61.1% | - | 62.2% | 63.7% | 58.7% | - | 62.8% | 65.6% |
| Operating margin | -5.6% | -10.2% | 4.0% | - | -4.5% | -12.4% | -21.9% | - | -1.5% | 1.3% |
| EBITDA margin | - | - | 13.7% | - | - | - | -13.8% | - | - | - |
| Net margin | -5.9% | -10.7% | 3.1% | - | -4.7% | -12.2% | -23.9% | - | -3.1% | -0.6% |
| Free cash flow margin | - | - | 2.4% | - | - | - | -27.7% | - | - | - |
| FCF / Net income | - | - | 0.77 | - | - | - | 1.16 | - | - | - |
| R&D / Revenue | 17.5% | 18.2% | 17.5% | - | 17.1% | 20.3% | 20.1% | - | 14.7% | 15.4% |
| SG&A / Revenue | 18.5% | 17.9% | 18.9% | - | 15.6% | 18.4% | 20.5% | - | 14.4% | 15.7% |
| Effective tax rate | - | - | 20.3% | - | - | - | - | - | - | - |
| Return on assets | -1.4% | -2.5% | 0.7% | - | -1.1% | -2.8% | -5.2% | - | -0.7% | -0.1% |
| Return on equity | -3.1% | -5.5% | 1.6% | - | -2.6% | -6.8% | -12.4% | - | -1.6% | -0.3% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.75 | 0.73 | 0.74 | 0.67 | 0.64 | 0.65 | 0.67 | 0.74 | 0.78 | 0.80 |
| Quick ratio | 0.75 | 0.73 | 0.74 | 0.67 | 0.64 | 0.65 | 0.67 | 0.74 | 0.78 | 0.80 |
| Cash ratio | 0.28 | 0.24 | 0.22 | 0.18 | 0.16 | 0.17 | 0.11 | 0.31 | 0.30 | 0.27 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.21 | 2.24 | 2.27 | 2.30 | 2.32 | 2.41 | 2.39 | 2.23 | 2.24 | 2.21 |
| Liabilities / Assets | 0.55 | 0.55 | 0.56 | 0.57 | 0.57 | 0.59 | 0.58 | 0.55 | 0.55 | 0.55 |
| Efficiency | ||||||||||
| Asset turnover | 0.24 | 0.23 | 0.23 | - | 0.24 | 0.23 | 0.22 | - | 0.23 | 0.24 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 203d | 209d | 255d | - | 217d | 214d | 302d | - | 216d | 218d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 150d | 122d | 212d | - | 263d | 311d | 234d | - | 238d | 233d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -2.0% | -3.4% | 2.9% | - | -5.5% | -6.4% | -8.1% | - | 3.4% | 5.8% |
| Revenue CAGR (3y) | -1.4% | -1.5% | -2.7% | - | 1.3% | 2.1% | 1.7% | - | 4.4% | 4.6% |
| Revenue CAGR (5y) | 1.0% | 0.7% | 3.8% | - | 4.4% | 4.1% | 3.6% | - | 6.4% | 7.0% |
| Gross profit growth (YoY) | -0.5% | -8.1% | 7.2% | - | -6.4% | -9.1% | -16.3% | - | 1.1% | 4.4% |
| Operating income growth (YoY) | -22.4% | 20.6% | - | - | -179.0% | - | -448.7% | - | -252.4% | 19.2% |
| Net income growth (YoY) | -22.1% | 15.9% | - | - | -44.1% | -1972.1% | -615.6% | - | -64.7% | - |
| EPS growth (YoY) | -16.7% | 14.3% | - | - | -50.0% | -1300.0% | -600.0% | - | -100.0% | - |
| EPS CAGR (3y) | - | - | -30.7% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | -427.7% | - | - | - |
| FCF CAGR (5y) | - | - | 129.5% | - | - | - | - | - | - | - |
| Book value growth (YoY) | 3.4% | 3.6% | 3.2% | -8.2% | -10.7% | -10.8% | -5.8% | 6.3% | 11.6% | 12.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Geographic
$312.89M totalNorth America$120.38M · 38.5%
US$111.70M · 35.7%
Europe$32.92M · 10.5%
Asia Pacific$27.42M · 8.8%
JP$20.08M · 6.4%
Other Countries$386.0K · 0.1%
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing BRIGHTCOVE INC against the 5 most active filers in the same SIC group.