AVID - Avid Technology, Inc.
NASDAQ
->
Communication Services
->
Electronic Gaming & Multimedia
Burlington,
United States
Type: Equity
AVID price evolution
AVID
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Jan 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $21.89 | $34.43 | $23.32 | $37.66 |
| Short term investments | ||||
| Net receivables | $56.35 | $58.68 | $62.85 | $109.14 |
| Inventory | $28.59 | $28.03 | $26.37 | $20.98 |
| Total current assets | $156.51 | $173.68 | $156.29 | $178.97 |
| Long term investments | ||||
| Property, plant & equipment | $50.21 | $50.37 | $47.49 | $45.33 |
| Goodwill & intangible assets | $32.64 | $32.64 | $32.64 | $32.64 |
| Total noncurrent assets | $117.23 | $120.14 | $117.62 | $108.48 |
| Total investments | ||||
| Total assets | $273.74 | $293.82 | $273.91 | $287.45 |
| Current liabilities | ||||
| Accounts payable | $39.53 | $51.79 | $50.08 | $45.9 |
| Deferred revenue | $60.72 | $64.48 | $82.45 | $94.15 |
| Short long term debt | $14.24 | $10.91 | $9.72 | $9.71 |
| Total current liabilities | $145.78 | $164.26 | $176.95 | $190.62 |
| Long term debt | $222.38 | $222.1 | $191.72 | $173 |
| Total noncurrent liabilities | $251.14 | $248.51 | $215.69 | $215.62 |
| Total debt | $236.62 | $233.01 | $201.43 | $203.14 |
| Total liabilities | $396.92 | $412.77 | $392.65 | $406.24 |
| Shareholders' equity | ||||
| Retained earnings | -$1084.03 | -$1076.69 | -$1072.1 | -$1071.72 |
| Other shareholder equity | -$6.53 | -$5.65 | -$5.29 | -$5.88 |
| Total shareholder equity | -$123.19 | -$118.95 | -$118.74 | -$118.78 |
| (in millions $) | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $37.66 | $59.23 | $81.32 | $70.75 |
| Short term investments | ||||
| Net receivables | $109.14 | $77.05 | $78.61 | $73.77 |
| Inventory | $20.98 | $19.92 | $26.57 | $29.17 |
| Total current assets | $178.97 | $182.52 | $213.49 | $208.73 |
| Long term investments | ||||
| Property, plant & equipment | $45.33 | $40.17 | $46.24 | $49.33 |
| Goodwill & intangible assets | $32.64 | $32.64 | $32.64 | $32.64 |
| Total noncurrent assets | $108.48 | $91.48 | $91.65 | $95.56 |
| Total investments | ||||
| Total assets | $287.45 | $274 | $305.14 | $304.29 |
| Current liabilities | ||||
| Accounts payable | $45.9 | $26.85 | $21.82 | $39.89 |
| Deferred revenue | $94.15 | $98.08 | $99.26 | $97.9 |
| Short long term debt | $9.71 | $9.16 | $4.94 | $30.55 |
| Total current liabilities | $190.62 | $197.37 | $187.77 | $212.26 |
| Long term debt | $173 | $184.19 | $231.22 | $227.16 |
| Total noncurrent liabilities | $215.62 | $200.71 | $250.29 | $247.12 |
| Total debt | $203.14 | $193.34 | $236.16 | $257.71 |
| Total liabilities | $406.24 | $398.07 | $438.06 | $459.38 |
| Shareholders' equity | ||||
| Retained earnings | -$1071.72 | -$1126.96 | -$1168.35 | -$1179.41 |
| Other shareholder equity | -$5.88 | -$4.11 | -$1.68 | -$3.93 |
| Total shareholder equity | -$118.78 | -$124.07 | -$132.92 | -$155.09 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $91.01 | $108.54 | $97.81 | $116.1 |
| Cost of revenue | $33.1 | $42.2 | $35.62 | $41.57 |
| Gross Profit | $57.91 | $66.34 | $62.19 | $74.53 |
| Operating activities | ||||
| Research & development | $19.77 | $20 | $19.43 | $17.04 |
| Selling, general & administrative | $40.59 | $41.41 | $39.27 | $40.96 |
| Total operating expenses | $59.76 | $66.87 | $58.7 | $58 |
| Operating income | -$1.86 | -$0.53 | $3.5 | $16.53 |
| Income from continuing operations | ||||
| EBIT | -$1.84 | -$0.51 | $3.64 | $17.4 |
| Income tax expense | $0.44 | -$0.13 | $0.31 | -$11.09 |
| Interest expense | $5.06 | $4.21 | $3.71 | $3.23 |
| Net income | ||||
| Net income | -$7.33 | -$4.6 | -$0.38 | $25.26 |
| Income (for common shares) | -$7.33 | -$4.6 | -$0.38 | $25.26 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $417.41 | $409.94 | $360.47 | $411.79 |
| Cost of revenue | $142.97 | $144.14 | $132.15 | $162.71 |
| Gross Profit | $274.44 | $265.8 | $228.32 | $249.07 |
| Operating activities | ||||
| Research & development | $66.9 | $65.56 | $57.02 | $62.34 |
| Selling, general & administrative | $153.17 | $152.87 | $134.69 | $153.31 |
| Total operating expenses | $220.58 | $219.54 | $196.75 | $216.97 |
| Operating income | $53.85 | $46.26 | $31.57 | $32.1 |
| Income from continuing operations | ||||
| EBIT | $54.73 | $51.11 | $32.51 | $29.24 |
| Income tax expense | -$9.9 | $2.57 | $1.37 | -$5.08 |
| Interest expense | $9.39 | $7.16 | $20.07 | $26.71 |
| Net income | ||||
| Net income | $55.24 | $41.39 | $11.06 | $7.6 |
| Income (for common shares) | $55.24 | $41.39 | $11.06 | $7.6 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Net income | -$7.33 | -$4.6 | -$0.38 | $25.26 |
| Operating activities | ||||
| Depreciation | $2.75 | $2.56 | $2.3 | $2.3 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $4.9 | $5.94 | $5.09 | $5.54 |
| Total cash flows from operations | -$11.64 | -$13.62 | -$2.56 | $22.46 |
| Investing activities | ||||
| Capital expenditures | -$3.79 | -$6.08 | -$3.93 | -$4.18 |
| Investments | ||||
| Total cash flows from investing | -$3.79 | -$6.08 | -$3.93 | -$4.18 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.92 | -$1.2 | -$5.41 | -$12.55 |
| Net borrowings | $4.69 | $32.57 | -$2.41 | -$1.36 |
| Total cash flows from financing | $3.77 | $31.37 | -$7.82 | -$14.41 |
| Effect of exchange rate | -$0.88 | -$0.56 | -$0.08 | $0.04 |
| Change in cash and equivalents | -$12.54 | $11.11 | -$14.39 | $3.9 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Net income | $55.24 | $41.39 | $11.06 | $7.6 |
| Operating activities | ||||
| Depreciation | $8.32 | $8.25 | $8.51 | $13.63 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $16.55 | $13.74 | $10.66 | $7.96 |
| Total cash flows from operations | $48.02 | $62.49 | $39.55 | $19.64 |
| Investing activities | ||||
| Capital expenditures | -$15.25 | -$6.82 | -$5.69 | -$7.18 |
| Investments | ||||
| Total cash flows from investing | -$15.25 | -$6.82 | -$5.69 | -$7.18 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$64.89 | -$43.54 | -$1.82 | -$3.28 |
| Net borrowings | $13.13 | -$31.63 | -$22.44 | $1.61 |
| Total cash flows from financing | -$52.7 | -$77.73 | -$24.55 | -$7.64 |
| Effect of exchange rate | -$1.77 | -$1.02 | $1.75 | -$0.33 |
| Change in cash and equivalents | -$21.7 | -$23.08 | $11.06 | $4.48 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | $413.46M |
|---|---|
| EBITDA | $28.60M |
| EBIT | $18.70M |
| Net Income | $12.95M |
| Revenue Q/Q | -11.63% |
| Revenue Y/Y | -1.65% |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | 4.59% |
| ROE | -10.80% |
| Debt/Equity | -3.42 |
|---|---|
| Net debt/EBITDA | 13.11 |
| Current ratio | 1.07 |
| Quick ratio | 0.88 |