Company Quick10K Filing
Avid Technology
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 43 $361
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-06 Quarter: 2019-03-31
10-K 2019-03-15 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-09 Quarter: 2018-06-30
10-Q 2018-05-10 Quarter: 2018-03-31
10-K 2018-03-16 Annual: 2017-12-31
10-Q 2017-11-09 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-10 Quarter: 2017-03-31
10-K 2017-03-23 Annual: 2016-12-31
10-Q 2016-11-09 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-04 Quarter: 2016-03-31
10-K 2016-03-15 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-10 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-03-16 Annual: 2014-12-31
10-Q 2014-11-13 Quarter: 2014-09-30
10-Q 2014-10-20 Quarter: 2014-06-30
10-Q 2014-09-23 Quarter: 2014-03-31
10-K 2014-09-12 Annual: 2013-12-31
10-Q 2014-09-12 Quarter: 2013-09-30
10-Q 2014-09-12 Quarter: 2013-06-30
10-Q 2014-09-12 Quarter: 2013-03-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-Q 2012-05-10 Quarter: 2012-03-31
10-K 2012-02-29 Annual: 2011-12-31
10-Q 2011-11-10 Quarter: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-Q 2011-05-10 Quarter: 2011-03-31
10-K 2011-03-14 Annual: 2010-12-31
10-Q 2010-11-04 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-16 Annual: 2009-12-31
8-K 2019-12-18 Officers
8-K 2019-11-19 Regulation FD, Exhibits
8-K 2019-11-07 Earnings, Officers, Regulation FD, Exhibits
8-K 2019-10-31 Enter Agreement, Earnings, Officers, Regulation FD, Exhibits
8-K 2019-08-05 Earnings, Regulation FD, Exhibits
8-K 2019-07-31 Officers
8-K 2019-07-10 Officers
8-K 2019-05-06 Earnings, Shareholder Vote, Regulation FD, Exhibits
8-K 2019-04-11 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-03-14 Earnings, Regulation FD, Exhibits
8-K 2018-12-07 Enter Agreement, Exhibits
8-K 2018-11-14 Regulation FD, Exhibits
8-K 2018-11-07 Earnings, Regulation FD, Exhibits
8-K 2018-08-09 Earnings, Regulation FD, Exhibits
8-K 2018-05-30 Officers, Regulation FD, Exhibits
8-K 2018-05-10 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-05-08 Earnings, Shareholder Vote, Regulation FD, Exhibits
8-K 2018-03-15 Earnings, Regulation FD, Exhibits
8-K 2018-03-08 Officers
8-K 2018-02-25 Officers, Regulation FD, Exhibits
8-K 2018-02-16 Enter Agreement, Officers, Regulation FD, Exhibits

Avid Technology Financials

AVID Metrics, Comps, Filings

Annual | Quarterly

Business

We develop, market, sell, and support software and integrated solutions for video and audio content creation, management and distribution. We are a leading technology provider that powers the media and entertainment industry. We do this by providing an open and efficient platform for digital media, along with a comprehensive set of tools and workflow solutions. Our solutions are used in production and post-production facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communications departments; and by independent video and audio creative professionals, as well as aspiring professionals. Projects produced using our tools, platform and ecosystem include feature films, television programming, live events, news broadcasts, sports productions, commercials, music, video and other digital media content. With over one million creative users and thousands of enterprise clients relying on our technology platforms and solutions around the world, Avid enables the industry to thrive in today's connected media and entertainment world.

Our mission is to empower media creators with innovative technology and collaborative tools to entertain, inform, educate and enlighten the world. Our clients rely on Avid to create the most prestigious and award-winning feature films, music recordings, television shows, live concerts, sporting events and news broadcasts. Avid has been honored for technological innovation with 16 Emmy Awards, one Grammy Award, two Oscars and the first ever America Cinema Editors Technical Excellence Award. In 2018, Avid was named the recipient of the prestigious Philo T. Farnsworth Award by the Television Academy, to honor Avid's 30 years of continuous, transformative technology innovations, including products that have improved and accelerated the entire editing and post production process for television. Our creative tools and workflow solutions were used in all 2019 Oscar nominated films for Best Film Editing, Best Sound Editing, Best Sound Mixing, and Best Picture.

Acceleration of digitization is having a tremendous impact on the media industry and altering the industry value chain. Today's consumers are empowered to create and consume content on-demand, anywhere, anytime. Organizations in the media industry are under pressure to connect and automate the entire creation-to-consumption workflow, and are facing a number of challenges, including:


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Rosetta Stone (RST) 564,389 80% 33.4 0% 181,466 190,836 177,877 142,032 0 16,268 543,583
Sapiens (SPNS) 538,306 0% 378,865 176,381 0 0 0 0 552,863
ShotSpotter (SSTI) 519,888 57% 144.3 -2% 59,344 28,896 38,772 22,217 -1,114 3,413 492,456
Domo (DOMO) 489,685 67% -4.1 -55% 234,529 239,435 158,710 106,225 -129,114 -120,135 495,535
American Software (AMSWA) 421,753 53% 23.4 4% 162,934 48,731 108,690 57,610 6,570 15,366 359,031
Attunity (ATTU) 410,563 0% 112,269 38,369 0 0 0 0 398,799
Magic Software (MGIC) 386,002 0% 362,285 86,681 0 0 0 0 318,264
Majesco (MJCO) 380,270 1,909% 31.4 5% 148,277 48,837 3,786 72,278 7,172 11,786 370,637
Avid Technology (AVID) 361,334 59% 10.5 -1% 282,101 457,924 418,750 245,067 -4,155 47,488 498,615
ChannelAdvisor Corporation (ECOM) 256,027 77% 136.5 -4% 146,049 56,250 130,619 100,821 -5,347 1,516 207,002
Amber Road (AMBR) 244,041 56% -62.1 -10% 105,388 76,641 86,198 48,676 -10,765 -3,980 247,074
eGain (EGAN) 238,033 68% 43.8 6% 73,754 49,447 67,232 45,391 4,168 4,710 206,166
Intelligent Systems (INS) 235,399 61% 20.0 24% 35,912 5,708 25,947 15,775 8,473 10,654 213,524
MMTEC (MTC) 205,920 0% 363 807 0 0 0 0 205,826
Foresight Autonomous (FRSX) 200,542 0% 24,858 1,291 0 0 0 0 197,384
Inspired Entertainment (INSE) 189,536 0% 10.3 -15% 187,700 210,300 126,718 0 -28,287 28,798 297,536
CLPS (CLPS) 182,514 0% 30,945 13,466 0 0 0 0 172,771
Globalscape (GSB) 181,401 84% 12.3 27% 37,222 22,858 37,931 31,854 10,049 13,987 171,530
SharpSpring (SHSP) 133,539 71% -10.5 -33% 36,510 8,086 20,944 14,803 -12,093 -11,196 117,541

Balance Sheet ($'000)2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash48,20325,05617,90244,94857,22368,094
Accounts Receivable56,77054,65558,80743,52040,13467,754
Inventory60,12248,00148,07350,70138,42132,956
PP&E158,96832,13635,48130,14621,90321,582
Assets235,142191,599247,926249,581234,684265,843
Accounts Payable33,99032,95145,51126,43530,16039,239
Long-Term Debt95,950188,795204,498220,590
Liabilities594,477532,669577,498519,492503,254432,504
Stockholders' Equity-359,335-341,070-329,572-269,911-268,570-166,661
Income Statement ($'000)2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue167,881378,627169,224511,930209,542208,175
Cost of Revenue63,17760,656197,445179,20756,48155,560
Gross Profit339,503325,780308,150332,723242,116239,164
R&D95,24990,39095,89881,56468,21262,379
SG&A211,468214,230196,620171,809160,149156,503
Tax2,9392,1462,2511,5871331,271
Net Income21,15314,7282,48048,219-13,555-10,674
Cash Flow ($'000)2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-9,145-9,897-34,026-49,1958,93615,822
Cash Investing-11,536-11,800-81,796-15,577-6,123-9,917
Cash Financing-96-436109,55891,4528,3752,536