Grufity logoGrufity logo
StocksFundsSearch Filings

Brightcove Inc Stock Research

BCOV

4.20USD+0.02(+0.48%)Delayedas of 01 Jun 2023, 02:04 pm

Market Summary

USD4.20+0.02
Delayedas of 01 Jun 2023, 02:04 pm
0.48%

BCOV Alerts

BCOV Stock Price

BCOV RSI Chart

BCOV Valuation

Market Cap

177.5K

Price/Earnings (Trailing)

-0.02

Price/Sales (Trailing)

8e-4

EV/EBITDA

-19.47

Price/Free Cashflow

0.01

BCOV Price/Sales (Trailing)

BCOV Profitability

EBT Margin

-4.30%

Return on Equity

-8.81%

Return on Assets

-3.96%

Free Cashflow Yield

8.3K%

BCOV Fundamentals

BCOV Revenue

Revenue (TTM)

206.7M

Revenue Y/Y

-8.09%

Revenue Q/Q

-0.36%

BCOV Earnings

Earnings (TTM)

-19.1M

Earnings Y/Y

-615.58%

Earnings Q/Q

-117.05%

Price Action

52 Week Range

3.287.39
(Low)(High)

Last 7 days

0.5%

Last 30 days

4.0%

Last 90 days

-16.1%

Trailing 12 Months

-40.6%

BCOV Financial Health

Current Ratio

0.74

BCOV Investor Care

Shares Dilution (1Y)

2.53%

Diluted EPS (TTM)

-0.46

Peers (Alternatives to Brightcove)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
86.4B
17.7B
-5.49% -4.41%
26.5
4.89
9.65% 13.95%
70.3B
18.1B
-7.62% 11.99%
29.01
3.88
9.25% 42.67%
38.0B
18.6B
0.28% -30.99%
-70.35
2.17
12.05% -340.94%
31.7B
19.4B
4.43% -15.27%
13.73
1.63
2.55% 5.10%
23.3B
1.4B
1.79% 27.94%
33.51
16.15
6.77% -12.24%
MID-CAP
6.8B
6.6B
-5.38% 6.72%
18.44
1.03
8.44% -9.95%
5.5B
14.8B
4.86% -28.93%
7.64
0.37
-10.79% 217.70%
5.3B
7.7B
-5.66% 12.90%
17.52
0.68
4.19% 8.30%
2.6B
914.4M
19.77% -21.90%
25.1
2.86
12.36% 58.54%
SMALL-CAP
2.1B
447.9M
10.52% 24.75%
-12.06
4.61
20.45% 27.54%
1.5B
1.1B
-8.84% -22.49%
35.45
1.35
6.27% -28.34%
336.9M
320.5M
43.91% -35.77%
-7.72
1.05
1.88% -2317.40%
279.1M
76.6M
51.65% 58.28%
-25
3.64
2.22% -131.47%
265.7M
2.0B
20.92% -67.06%
-2.51
0.13
2.93% 35.91%
177.5K
206.7M
3.98% -40.62%
-0.02
8e-4
-1.41% -1293.58%

Financials for Brightcove

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue-2.0%207211214213210
Gross Profit-4.2%128134139138137
Operating Expenses2.2%145142140139137
  S&GA Expenses1.6%75.0074.0074.0073.0073.00
  R&D Expenses4.9%35.0034.0032.0032.0032.00
EBITDA-72.4%2.006.007.00--
EBITDA Margin-72.2%0.01*0.03*0.03*--
Earnings Before Taxes-98.6%-18.01-9.07-3.30-2.36-1.53
EBT Margin-179.3%-0.04*-0.02*-0.01*-0.01*-
Net Income-111.8%-19.09-9.01-3.20-2.54-1.37
Net Income Margin-186.2%-0.04*-0.01*-0.01*-0.01*-
Free Cahsflow-4.4%15.0015.0014.0016.00-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-1.0%225228231227227
  Current Assets-3.8%74.0077.0083.0082.0083.00
    Cash Equivalents-60.9%12.0032.0031.0028.0027.00
  Net PPE6.2%42.0040.0037.0033.0026.00
  Goodwill0%75.0075.0075.0075.0075.00
Liabilities4.5%131125128124127
  Current Liabilities6.3%110104106102104
Shareholder's Equity-7.9%94.00102103103100
  Retained Earnings-5.6%-221-210-204-202-202
  Additional Paid-In Capital1.1%318315311308305
Shares Outstanding0.6%0.000.000.00--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-47.0%13.0025.0025.0021.0019.00
  Share Based Compensation0.5%14.0014.0013.0012.0011.00
Cashflow From Investing34.6%-24.71-37.77-36.07-32.54-27.26
Cashflow From Financing-2439.8%-2.11-0.080.001.000.00

Risks for BCOV

What is the probability of a big loss on BCOV?

88.8%


Probability that Brightcove stock will be more than 20% underwater in next one year

76.5%


Probability that Brightcove stock will be more than 30% underwater in next one year.

51.5%


Probability that Brightcove stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BCOV drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Brightcove was unfortunately bought at previous high price.

Drawdowns

Returns for BCOV

Cumulative Returns on BCOV

-5.6%


10-Year Cumulative Returns

-6.6%


7-Year Cumulative Returns

-16.7%


5-Year Cumulative Returns

-19.6%


3-Year Cumulative Returns

What are the long-term rolling returns for BCOV?

FIve years rolling returns for Brightcove.

Annualized Returns

Which funds bought or sold BCOV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-18
JPMORGAN CHASE & CO
reduced
-11.2
-231,000
714,000
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-77.55
-110,000
26,000
-%
2023-05-16
SUSQUEHANNA INTERNATIONAL GROUP, LLP
new
-
152,332
152,332
-%
2023-05-16
JANE STREET GROUP, LLC
sold off
-100
-52,739
-
-%
2023-05-15
HSBC HOLDINGS PLC
new
-
62,123
62,123
-%
2023-05-15
JACOBS LEVY EQUITY MANAGEMENT, INC
reduced
-38.2
-806,616
894,468
-%
2023-05-15
MORGAN STANLEY
added
8.28
-101,856
1,192,690
-%
2023-05-15
Tudor Investment Corp Et Al
reduced
-9.61
-71,000
237,000
-%
2023-05-15
Tenzing Global Management, LLC
reduced
-62.00
-4,423,750
2,113,750
1.29%
2023-05-15
Quadrature Capital Ltd
new
-
132,058
132,058
-%

1–10 of 43

Latest Funds Activity

Are funds buying BCOV calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own BCOV
No. of Funds

Brightcove News

Nasdaq
Rosenblatt Reiterates Brightcove (BCOV) Buy Recommendation.
Nasdaq,
21 hours ago
Yahoo Finance
Marketscreener.com
Digital Journal
Marketscreener.com
Seattle PI
Brightcove: Q1 Earnings Snapshot.
Seattle PI,
29 days ago
CT Insider
Brightcove: Q1 Earnings Snapshot.
CT Insider,
29 days ago

Schedule 13G FIlings of Brightcove

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 20, 2023
edenbrook capital, llc
14.36%
0
SC 13D/A
Feb 14, 2023
lynrock lake lp
7.5%
3,146,959
SC 13G
Feb 13, 2023
archon capital management llc
5.76%
2,424,129
SC 13G/A
Feb 10, 2023
trigran investments, inc.
16.4%
6,878,602
SC 13G/A
Feb 09, 2023
vanguard group inc
6.64%
2,795,661
SC 13G/A
Feb 01, 2023
blackrock inc.
6.2%
2,606,687
SC 13G/A
Nov 16, 2022
edenbrook capital, llc
13.33%
0
SC 13D/A
Oct 17, 2022
tenzing global management, llc
4.9%
2,040,000
SC 13D/A
Sep 23, 2022
edenbrook capital, llc
12.21%
0
SC 13D/A
Aug 22, 2022
tenzing global management, llc
5.9%
2,500,000
SC 13D/A

BCOV Fair Value

Show Fair-Value

Recent SEC filings of Brightcove

View All Filings
Date Filed Form Type Document
May 18, 2023
4
Insider Trading
May 17, 2023
S-8
Employee Benefits Plan
May 11, 2023
4
Insider Trading
May 11, 2023
8-K
Current Report
May 11, 2023
4
Insider Trading
May 11, 2023
4
Insider Trading
May 11, 2023
4
Insider Trading
May 11, 2023
4
Insider Trading
May 11, 2023
4
Insider Trading
May 11, 2023
4
Insider Trading

Latest Insider Trading transactions for BCOV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-17
DeBevoise Marc
bought
194,344
3.53
55,055
chief executive officer
2023-05-16
DeBevoise Marc
bought
51,111
3.42
14,945
chief executive officer
2023-05-10
HAROIAN GARY E
acquired
-
-
21,841
-
2023-05-10
Neeley Tsedal
acquired
-
-
21,841
-
2023-05-10
Hessan Diane
acquired
-
-
21,841
-
2023-05-10
Ranjan Ritcha
acquired
-
-
21,841
-
2023-05-10
KURNIT SCOTT
acquired
-
-
21,841
-
2023-05-10
WHEELER THOMAS E
acquired
-
-
21,841
-
2023-05-10
Frank Kristin E.
acquired
-
-
21,841
-
2023-04-26
Edenbrook Capital, LLC
bought
38,494
3.8494
10,000
-

1–10 of 50

Marc DeBevoise
690
Brightcove Inc. provides cloud-based services for video. Its flagship product includes Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. The company also offers Brightcove Live, a solution for live streaming; Brightcove Beacon, an application that enables companies to launch over-the-top video experiences on multiple monetization models; Brightcove Player, a video player technology with a cloud-based service for creating and managing experiences; and Zencoder, a cloud-based video encoding technology. In addition, it provides video solutions, such as Brightcove CorpTV, an application that enables marketing videos, product announcements, training programs, and other live and on-demand content; Video Marketing Suite, a suite of video technologies to drive awareness, engagement, and conversion; Enterprise Video Suite, an enterprise-class platform for internal communications, employee training, live streaming, marketing, and e-commerce videos; and Virtual Events Experience, a platform to create customized, live, and virtual experiences. The company serves media, broadcasters, publishers, sports and entertainment companies, fashion, faith-based institutions, retail and e-commerce platforms, and hi-tech organizations, governments, educational institutions, and hospitality brands. It also sells its products in the America, Europe, Asia Pacific, Japan, and the Middle East. Brightcove Inc. was incorporated in 2004 and is headquartered in Boston, Massachusetts.

BCOV Income Statement

2023-03-31
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:  
Revenue$ 49,063$ 53,379
Cost of revenue:  
Cost of revenue20,26718,980
Gross profit28,79634,399
Operating expenses:  
Research and development9,8668,237
Sales and marketing19,46518,288
General and administrative10,0648,089
Merger-related145594
Other expense01,149
Total operating expenses39,54036,357
Loss from operations(10,744)(1,958)
Other expense, net(543)(387)
Loss before income taxes(11,287)(2,345)
Provision (benefit) for income taxes427(708)
Net loss$ (11,714)$ (1,637)
Net loss per share-basic and diluted  
Basic$ (0.28)$ (0.04)
Diluted$ (0.28)$ (0.04)
Weighted-average shares-basic and diluted  
Basic42,52841,436
Diluted42,52841,436
Subscription and Support Revenue [Member]  
Revenue:  
Revenue$ 47,102$ 51,601
Cost of revenue:  
Cost of revenue18,26516,982
Professional Services and Other Revenue [Member]  
Revenue:  
Revenue1,9611,778
Cost of revenue:  
Cost of revenue$ 2,002$ 1,998

BCOV Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 12,478$ 31,894
Accounts receivable, net of allowance of $343 and $294 at March 31, 2023 and December 31, 2022, respectively40,62326,004
Prepaid expenses9,7868,700
Other current assets11,51310,722
Total current assets74,40077,320
Property and equipment, net42,15539,677
Operating lease right-of-use asset18,02518,671
Intangible assets, net9,26110,279
Goodwill74,85974,859
Other assets6,7507,007
Total assets225,450227,813
Current liabilities:  
Accounts payable13,01411,326
Accrued expenses21,69226,877
Operating lease liability4,2184,157
Deferred revenue71,53761,597
Total current liabilities110,461103,957
Operating lease liability, net of current portion19,74020,528
Other liabilities959981
Total liabilities131,160125,466
Commitments and contingencies (Note 8)
Stockholders' equity:  
Undesignated preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued
Common stock, $0.001 par value; 100,000,000 shares authorized; 42,992,371 and 42,449,677 shares issued at March 31, 2023 and December 31, 2022, respectively4342
Additional paid-in capital318,293314,825
Treasury stock, at cost; 135,000 shares(871)(871)
Accumulated other comprehensive loss(1,405)(1,593)
Accumulated deficit(221,770)(210,056)
Total stockholders' equity94,290102,347
Total liabilities and stockholders' equity$ 225,450$ 227,813