SeaChange International, Inc.

SeaChange International, Inc.

SEAC
SeaChange International, Inc.US flagOther OTC
3.30
USD
+0.02
- -
8.53MMarket Cap
SeaChange International, Inc.
SEAC
(Other OTC)

Recent

price

3.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
121.41
131.39
130.7
110.49
102.7
96.75
89.44
70.45
63.86
47.92
45.33
34.97
36.6
11.74
11.61
13.06
13.08
Revenue per Share
1.96
6.49
0.86
18.75
-2.5
-11.8
-1.85
-16.77
-28.47
-40.75
7.62
-21.3
-4.86
-11.61
-3.16
-4.58
-3.64
Basic EPS, GAAP
6.95
5.67
0.16
8.48
8.02
8.24
3.09
-9.28
-11.97
-16.6
7.02
-12.27
-8.22
-5.17
-2.29
-0.84
-0.3
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-19.2
-12.01
-11.1
6.9
4.26
-7.59
-9.39
-26.15
-54.04
-92.52
-83.74
-103.08
-105.1
-114.54
-94.37
-93.79
-93.71
Book Value per Share
87.14
91.26
62.08
72.25
89.8
85.91
89.51
74.9
51.76
24.96
33.23
25.97
20.63
10.51
13.88
12.55
12.27
Tangible Book Value per Share
1
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
3
Basic Weighted Avg Shares
180
202
202
174
165
157
146
115
107
84
80
62
67
22
27
32
33
Sales/Revenue/Turnover
-4.45
5.05
1.09
4.19
3.16
0.12
-0.53
-19.78
-24
-27.42
-0.83
-26.29
0.09
-91.11
-26.36
-2.2
1.14
Operating Margin (%)
12
9
11
11
12
11
9
9
8
6
5
3
2
2
1
- -
- -
Depreciation Expense
3
10
1
29
-4
-19
-3
-27
-48
-71
13
-38
-9
-22
-7
-11
-9
Net Income, GAAP
42.63
5.08
15.81
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
1.61
4.94
0.66
16.97
-2.44
-12.19
-2.07
-23.81
-44.58
-85.03
16.82
-60.9
-13.28
-98.91
-27.21
-35.1
-27.84
Profit Margin (%)
88
90
61
93
103
117
126
101
60
42
48
36
27
14
27
25
24
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
4
5
1
1
- -
LT Debt
165
172
178
209
211
202
204
171
131
70
86
55
50
32
43
31
31
Total Equity
-2.83
5.69
1.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
-10.01
-42.76
-8.18
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
-45.43
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Oct'23
Jan'23
Apr'24
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
20
25
23

Working Capital

FRC

in mil. unless spec.
Oct'23
Jan'23
Apr'24
Total Current Assets
33
35
34
Cash, Cash Equivalents & STI
14
15
15
Accounts Receivable, Net
7
10
7
Inventories
- -
- -
- -
Total Current Liabilities
9
11
9
Payables & Accruals
5
3
3
ST Debt
1
1
1
Deferred Revenue
3
5
5

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-13.6%
-14.74%
-26.6%
Free Cash Flow
-97.85%
-89.73%
-61.25%
Net Income, GAAP
40.03%
-65.3%
53.49%
Sales/Revenue/Turnover
-10%
-7.75%
18.98%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
5
7
7
9
27
2023
7
7
8
10
32
2024
7
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-1.97
0.09
-0.86
-0.6
-3.16
2023
-1.21
-2.61
-1.47
0.69
-4.58
2024
-0.28
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
Business
SeaChange International, Inc. (SEAC) develops and provides video delivery software and platforms, including streaming video services, cable TV broadcast solutions, advanced advertising insertion technology, and emerging Free Ad-Supported Streaming TV (FAST) products; its core offerings encompass the StreamVid premium streaming product for direct-to-consumer content management, curation, and monetization, video back-office systems, media asset management, targeted advertising management with ad insertion and campaign analytics, content management systems for ingestion, metadata handling, transcoding, and distribution, as well as subscriber management and analytics tools deployed on-premises, in the cloud, or as hybrid managed services. The company targets cable operators, telcos, broadcasters, OTT providers, and content owners worldwide, with operations spanning North America, Europe, and other global regions. Founded in 1993 and headquartered in Boston, Massachusetts, SeaChange pioneered video-on-demand and digital video server systems before shifting to software-centric solutions, including divestiture of its broadcast business in 2021 to focus on streaming and advertising technologies. In May 2024, Enghouse Systems Limited completed its acquisition of substantially all of SeaChange's assets related to its IPTV products and services business for approximately $23 million, integrating them into Enghouse's Asset Management Group to expand IPTV scale, enhance product offerings, and grow European presence, following the termination of a prior proposed deal with Partner One.

Company News

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  • Orange County Advocates Raise Over $1.7 Million for Ocean Conservation at Oceana's 18th Annual SeaChange Summer Party

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  • Tiber Ventures, Inc. (fka SeaChange International, Inc.) Announces Preliminary Tender Offer Results

  • Tiber Ventures, Inc. (fka SeaChange International, Inc.) Updates Tender Offer Expiration Date

  • Tiber Ventures, Inc. (fka SeaChange International, Inc.) Announces Tender Offer for up to $6.2mm of Shares of its Common Stock

  • SeaChange Completes Sale of Substantially All of its Assets to Enghouse

  • SeaChange Announces an Agreement to be Acquired by Enghouse and Termination of Previously Announced Proposed Acquisition by Partner One

  • SeaChange Announces a Second Amendment to Purchase Agreement with Partner One Along with Further Increased Purchase Price

  • SeaChange Announces an Amended Purchase Agreement with Partner One Along with an Increased Purchase Price as Go-Shop Period Ends

  • SeaChange to be Acquired by Partner One

  • SeaChange Reports Estimated and Unaudited Preliminary Fiscal Third Quarter and Nine Month Fiscal 2024 Financial Results

  • Univer Video Selects SeaChange to Boost Global Campaign with OTT Relaunch

  • SeaChange Adopts Tax Benefits Preservation Plan to Protect Tax Assets

  • Thai Union Launches SeaChange® 2030, Committing THB 7.2 Billion (USD 200 Million) to Advance Sustainability Goals

  • SeaChange Reports Fiscal Q1 2024 Financial and Operational Results

  • SeaChange International, Inc. Announces Reverse Stock Split

  • SeaChange International, Inc. (SEAC) Q4 2023 Earnings Call Transcript