Brightcove Historical Income Statement
| BCOV Stock | USD 1.70 0.05 2.86% |
Historical analysis of Brightcove income statement accounts such as Interest Expense of 24.7 K, Selling General Administrative of 23.3 M or Selling And Marketing Expenses of 54.7 M can show how well Brightcove performed in making a profits. Evaluating Brightcove income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Brightcove's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Brightcove latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Brightcove is a good buy for the upcoming year.
Brightcove |
About Brightcove Income Statement Analysis
Brightcove Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Brightcove shareholders. The income statement also shows Brightcove investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Brightcove Income Statement Chart
Brightcove Income Statement is one of the three primary financial statements used for reporting Brightcove's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Brightcove revenue and expense. Brightcove Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Brightcove's Depreciation And Amortization is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 1.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 23.3 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Brightcove generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Brightcove minus its cost of goods sold. It is profit before Brightcove operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Brightcove's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Brightcove current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brightcove. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.At this time, Brightcove's Depreciation And Amortization is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 1.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 23.3 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 138.1M | 133.9M | 123.8M | 96.1M | Total Revenue | 211.1M | 211.0M | 201.2M | 152.3M |
Brightcove income statement Correlations
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Brightcove Account Relationship Matchups
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Brightcove income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 8.4M | 8.7M | 8.9M | 10.7M | 16.5M | 17.4M | |
| Interest Expense | 8K | 23.2M | 205K | 2.0M | 103K | 24.7K | |
| Selling General Administrative | 25.7M | 27.0M | 29.3M | 32.6M | 35.6M | 23.3M | |
| Selling And Marketing Expenses | 60.4M | 59.8M | 71.2M | 74.0M | 72.4M | 54.7M | |
| Total Revenue | 184.5M | 197.4M | 211.1M | 211.0M | 201.2M | 152.3M | |
| Gross Profit | 109.0M | 121.3M | 138.1M | 133.9M | 123.8M | 96.1M | |
| Other Operating Expenses | 194.1M | 196.9M | 203.2M | 218.3M | 222.5M | 163.1M | |
| Operating Income | 1.8M | 6.2M | 7.6M | (6.5M) | (21.6M) | (20.6M) | |
| Ebit | 1.8M | 6.2M | 7.6M | (6.5M) | (21.4M) | (20.3M) | |
| Research Development | 32.5M | 34.0M | 31.7M | 33.5M | 37.2M | 29.1M | |
| Ebitda | 10.3M | 14.9M | 16.5M | 4.2M | (4.9M) | (4.6M) | |
| Cost Of Revenue | 75.5M | 76.1M | 73.0M | 77.1M | 77.4M | 56.2M | |
| Total Operating Expenses | 118.6M | 120.8M | 130.2M | 141.2M | 145.2M | 106.9M | |
| Income Before Tax | (21.3M) | (5.2M) | 6.2M | (9.1M) | (21.7M) | (22.8M) | |
| Total Other Income Expense Net | (23.2M) | (11.4M) | (1.4M) | (2.5M) | (537K) | (563.9K) | |
| Net Income | (21.9M) | (5.8M) | 5.4M | (9.0M) | (22.9M) | (24.0M) | |
| Income Tax Expense | 560K | 618K | 802K | (52K) | 1.2M | 1.2M | |
| Net Income From Continuing Ops | (21.9M) | (5.8M) | 5.4M | (9.0M) | (25.8M) | (24.5M) | |
| Non Recurring | 11.4M | 5.8M | 300K | 747K | 859.1K | 816.1K | |
| Net Income Applicable To Common Shares | (21.9M) | (5.8M) | 5.4M | (9.0M) | (10.4M) | (10.9M) | |
| Non Operating Income Net Other | (280K) | 128K | (1.4M) | (1.0M) | (931.5K) | (884.9K) | |
| Tax Provision | 560K | 618K | 802K | (52K) | 1.3M | 1.4M | |
| Reconciled Depreciation | 8.4M | 8.7M | 8.3M | 10.7M | 15.8M | 10.4M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brightcove in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brightcove's short interest history, or implied volatility extrapolated from Brightcove options trading.
Pair Trading with Brightcove
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brightcove position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brightcove will appreciate offsetting losses from the drop in the long position's value.Moving together with Brightcove Stock
| 0.88 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.85 | DT | Dynatrace Holdings LLC Sell-off Trend | PairCorr |
Moving against Brightcove Stock
| 0.84 | DPSI | DecisionPoint Systems Financial Report 20th of May 2024 | PairCorr |
| 0.81 | ML | MoneyLion Financial Report 14th of May 2024 | PairCorr |
| 0.73 | VERX | Vertex Financial Report 8th of May 2024 | PairCorr |
| 0.57 | DJCO | Daily Journal Corp | PairCorr |
| 0.54 | VERB | VERB TECHNOLOGY PANY | PairCorr |
The ability to find closely correlated positions to Brightcove could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brightcove when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brightcove - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brightcove to buy it.
The correlation of Brightcove is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brightcove moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brightcove moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brightcove can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brightcove. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Brightcove Stock analysis
When running Brightcove's price analysis, check to measure Brightcove's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brightcove is operating at the current time. Most of Brightcove's value examination focuses on studying past and present price action to predict the probability of Brightcove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightcove's price. Additionally, you may evaluate how the addition of Brightcove to your portfolios can decrease your overall portfolio volatility.
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Is Brightcove's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brightcove. If investors know Brightcove will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brightcove listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Earnings Share (0.53) | Revenue Per Share 4.665 | Quarterly Revenue Growth 0.019 | Return On Assets (0.05) |
The market value of Brightcove is measured differently than its book value, which is the value of Brightcove that is recorded on the company's balance sheet. Investors also form their own opinion of Brightcove's value that differs from its market value or its book value, called intrinsic value, which is Brightcove's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brightcove's market value can be influenced by many factors that don't directly affect Brightcove's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brightcove's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brightcove is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brightcove's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.