What is Seachange Intl Inc's earnings per share (EPS)?

Seachange Intl Inc (SEAC) reported diluted earnings per share of -$0.23 for fiscal year 2023. This represents a -43.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Seachange Intl Inc Financials

SEAC

FY2023 annual

Revenue $32.5M +19.0% YoY

Net Income -$11.4M -53.5% YoY

EPS (Diluted) -$0.23 -43.8% YoY

Free Cash Flow -$2.1M +61.2% YoY

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2024, ended Apr 30, 2023 Reported Jun 12, 2023 Currency USD FYE January

Seachange Intl Inc (SEAC) reported $32.5M in revenue for fiscal year 2023, up 19.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SEAC FY2023 2026-08-30

SeaChange’s dominant mechanic is recovering revenue with healthy gross economics, while overhead keeps the business operating-loss-making and lightly leveraged.

The revenue rebound has not restored self-funding operations: revenue recovered from $22.0M in FY2021 to $32.5M in FY2023, yet operating cash flow remained negative. In FY2023, operating cash flow of -$2.0M was far smaller than the net loss of -$11.4M, indicating that noncash expenses or working-capital timing cushioned near-term cash consumption.

Gross economics recovered faster than the cost structure: gross margin rose from 45.1% in FY2021 to 63.2% in FY2023, but operating margin was still -35.9%. The product-level margin improvement therefore has not translated into operating breakeven, pointing to overhead and development spending as the remaining constraint.

The balance sheet is not debt-driven: a current ratio of 3.3x alongside debt-to-equity of 0.4x indicates that short-term assets, rather than borrowing, are the principal financial cushion. The reported cash-and-investment comparison equaled 87.1 months of the latest annual operating outflow, a historical balance measure rather than evidence of future funding.

Financial Health Signals

Financial health score not available

Seachange Intl Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-6.54

Seachange Intl Inc scores -6.54, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($11.1M) relative to total liabilities ($11.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

Seachange Intl Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Seachange Intl Inc reported a net loss of $11.4M while operations used $2.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$32.5M

YoY+19.0%

5Y CAGR-16.5%

10Y CAGR-14.6%

Seachange Intl Inc generated $32.5M in revenue in fiscal year 2023. This represents an increase of 19.0% from the prior year.

EBITDA

-$11.4M

YoY-42.9%

Seachange Intl Inc's EBITDA was -$11.4M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 42.9% from the prior year.

Net Income

-$11.4M

YoY-53.5%

Seachange Intl Inc reported -$11.4M in net income in fiscal year 2023. This represents a decrease of 53.5% from the prior year.

EPS (Diluted)

-$0.23

YoY-43.8%

Seachange Intl Inc earned -$0.23 per diluted share (EPS) in fiscal year 2023. This represents a decrease of 43.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$2.1M

YoY+61.2%

Seachange Intl Inc recorded an outflow of $2.1M in free cash flow in fiscal year 2023, representing a cash shortfall after capex. This represents an increase of 61.2% from the prior year.

Cash & Debt

$13.4M

YoY-23.5%

5Y CAGR-21.0%

10Y CAGR-18.7%

Seachange Intl Inc held $13.4M in cash as of fiscal year 2023; long-term debt is not reported for that period.

Shares Outstanding

50M

YoY+2.5%

5Y CAGR+7.2%

10Y CAGR+4.5%

Seachange Intl Inc had 50M shares outstanding in fiscal year 2023. This represents an increase of 2.5% from the prior year.

Dividends Per Share

Not reported for fiscal year 2023.

Margins & Returns

Gross Margin

63.2%

YoY+3.3pp

5Y CAGR-4.0pp

10Y CAGR+10.2pp

Seachange Intl Inc's gross margin was 63.2% in fiscal year 2023, indicating the percentage of revenue retained after direct costs. This is up 3.3 percentage points from the prior year.

Operating Margin

-35.9%

YoY-1.4pp

5Y CAGR-29.1pp

10Y CAGR-32.5pp

Seachange Intl Inc's operating margin was -35.9% in fiscal year 2023, reflecting core business profitability. This is down 1.4 percentage points from the prior year.

Net Margin

-35.1%

YoY-7.9pp

5Y CAGR-51.9pp

10Y CAGR-22.9pp

Seachange Intl Inc's net profit margin was -35.1% in fiscal year 2023, showing the share of revenue converted to profit. This is down 7.9 percentage points from the prior year.

Return on Equity

-36.5%

YoY-19.1pp

5Y CAGR-52.3pp

10Y CAGR-27.1pp

Seachange Intl Inc's ROE was -36.5% in fiscal year 2023, measuring profit generated per dollar of shareholder equity. This is down 19.1 percentage points from the prior year.

Capital Allocation

R&D Spending

$8.0M

YoY-10.4%

5Y CAGR-19.4%

10Y CAGR-14.6%

Seachange Intl Inc invested $8.0M in research and development in fiscal year 2023. This represents a decrease of 10.4% from the prior year.

Capital Expenditures

$70K

YoY-89.2%

5Y CAGR-33.2%

10Y CAGR-33.2%

Seachange Intl Inc invested $70K in capex in fiscal year 2023, funding long-term assets and infrastructure. This represents a decrease of 89.2% from the prior year.

Share Buybacks

Not reported for fiscal year 2023.

SEAC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SEAC quarterly income statement

Metric	TTM	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Revenue	$32.8M	$32.5M+19.0%	$27.3M+24.1%	$22.0M-67.2%	$67.2M+7.6%	$62.4M-22.3%	$80.3M-4.2%	$83.8M-21.7%	$107.0M-7.3%	$115.4M-21.1%	$146.3M-6.9%	$157.2M-20.5%	$197.7M-2.0%	$201.7M+6.2%	$189.9M
Cost of Revenue	$11.3M	$12.0M+9.2%	$11.0M-9.2%	$12.1M-49.0%	$23.7M-5.7%	$25.1M-4.8%	$26.3M-33.3%	$39.5M-34.4%	$60.2M+3.1%	$58.3M-13.1%	$67.1M-9.2%	$73.9M+3.3%	$71.5M-8.4%	$78.1M-14.1%	$90.9M
Gross Profit	$21.5M	$20.5M+25.5%	$16.4M+64.7%	$9.9M-77.2%	$43.5M+16.5%	$37.3M-30.8%	$53.9M+21.8%	$44.3M-5.4%	$46.8M-18.0%	$57.1M-27.9%	$79.2M-4.9%	$83.3M-10.7%	$93.3M-2.4%	$95.6M-3.5%	$99.1M
R&D Expenses	$8.1M	$8.0M-10.4%	$8.9M-35.5%	$13.8M-14.0%	$16.1M-18.5%	$19.7M-15.9%	$23.4M-22.1%	$30.1M-10.7%	$33.7M-20.1%	$42.2M+6.3%	$39.7M+2.6%	$38.7M-1.4%	$39.2M-11.0%	$44.1M-2.3%	$45.1M
SG&A Expenses	$8.9M	$9.1M+3.1%	$8.8M-9.9%	$9.7M-35.9%	$15.2M-22.5%	$19.6M+15.9%	$16.9M+4.6%	$16.2M+4.5%	$15.5M-3.4%	$16.0M-9.1%	$17.6M-0.3%	$17.7M-6.8%	$19.0M+20.2%	$15.8M-24.2%	$20.8M
Operating Income	-$9.7M	-$11.7M-23.9%	-$9.4M+56.3%	-$21.5M-142.2%	-$8.9M+75.2%	-$35.8M-561.8%	-$5.4M+90.0%	-$54.1M-12.3%	-$48.2M-82.2%	-$26.5M-1523.9%	-$1.6M+69.5%	-$5.3M-220.1%	-$1.7M-184.1%	$2.0M-74.8%	$7.9M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$154K+294.9%	$39K+62.5%	$24K-84.6%	$156K
Income Tax	-$148K	-$196K-1206.7%	-$15K-125.9%	$58K+20.8%	$48K+102.4%	-$2.0M+83.6%	-$12.3M-183.9%	$14.6M+1521.9%	-$1.0M+7.0%	-$1.1M-2110.9%	$55K+103.5%	-$1.6M-182.7%	$1.9M+184.5%	-$2.2M-921.8%	$271K
Net Income	-$9.1M	-$11.4M-53.5%	-$7.4M+65.9%	-$21.8M-143.9%	-$8.9M+76.5%	-$38.0M-381.5%	$13.5M+118.9%	-$71.2M-49.4%	-$47.7M-73.5%	-$27.5M-807.1%	-$3.0M+84.2%	-$19.2M-377.5%	-$4.0M-113.6%	$29.5M+2127.4%	$1.3M
EPS (Diluted)	—	-$0.23-43.8%	-$0.16+72.4%	-$0.58-141.7%	-$0.24+77.4%	-$1.06-378.9%	$0.38+118.6%	-$2.04-43.7%	-$1.42-69.0%	-$0.84-833.3%	-$0.09+84.7%	-$0.59-353.8%	-$0.13-114.1%	$0.92+2200.0%	$0.04

Metric	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22
Revenue	$7.0M-31.2%	$10.2M+22.6%	$8.3M+13.2%	$7.3M+8.9%	$6.7M-21.5%	$8.6M+19.8%	$7.2M+9.3%	$6.5M
Cost of Revenue	$2.8M+2.7%	$2.8M-11.7%	$3.1M+22.1%	$2.6M-26.8%	$3.5M+21.8%	$2.9M-16.4%	$3.4M+41.9%	$2.4M
Gross Profit	$4.2M-43.8%	$7.4M+43.4%	$5.2M+8.3%	$4.8M+47.8%	$3.2M-43.4%	$5.7M+53.3%	$3.7M-9.8%	$4.1M
R&D Expenses	$1.8M-22.3%	$2.3M+14.9%	$2.0M+2.9%	$2.0M+14.6%	$1.7M-12.0%	$1.9M-7.2%	$2.1M-5.6%	$2.2M
SG&A Expenses	$2.1M-18.0%	$2.6M+23.5%	$2.1M-1.1%	$2.1M-7.8%	$2.3M+21.5%	$1.9M-10.8%	$2.1M-21.3%	$2.7M
Operating Income	-$806K-165.0%	$1.2M+133.8%	-$3.7M+43.5%	-$6.5M-137.3%	-$2.7M-153.3%	-$1.1M+46.3%	-$2.0M+19.8%	-$2.5M
Income Tax	$49K+125.9%	-$189K-6200.0%	-$3K+40.0%	-$5K-600.0%	$1K-98.7%	$76K+192.3%	$26K+131.3%	-$83K
Net Income	-$714K-141.3%	$1.7M+146.9%	-$3.7M+42.9%	-$6.5M-115.3%	-$3.0M-101.9%	-$1.5M+29.5%	-$2.1M-1027.3%	$227K
EPS (Diluted)	-$0.28	$0.03+142.9%	-$0.07+46.2%	-$0.13	-$1.21	-$0.03+25.0%	-$0.04	$0.00

Not reported in any period shown, so not listed: Interest Expense.

SEAC Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SEAC quarterly balance sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Total Assets	$42.7M-22.7%	$55.2M+9.5%	$50.4M-30.8%	$72.9M-7.4%	$78.7M-34.0%	$119.3M+2.8%	$116.1M-34.7%	$177.7M-16.3%	$212.4M-16.4%	$254.1M-4.0%	$264.7M-11.4%	$298.9M-2.1%	$305.2M	N/A
Current Assets	$35.1M-7.2%	$37.8M+46.1%	$25.9M-41.6%	$44.4M-20.8%	$56.0M-27.7%	$77.5M+11.7%	$69.4M-32.5%	$102.8M-24.4%	$136.0M-19.4%	$168.9M-1.6%	$171.6M+1.2%	$169.5M+4.9%	$161.6M	N/A
Cash & Equivalents	$13.4M-23.5%	$17.5M+199.3%	$5.9M-35.0%	$9.0M-55.6%	$20.3M-53.5%	$43.7M+54.2%	$28.3M-51.8%	$58.7M-34.8%	$90.0M-22.2%	$115.7M+8.4%	$106.7M+32.4%	$80.6M+10.2%	$73.1M+94.3%	$37.6M
Inventory	N/A	N/A	N/A	N/A	$924K+38.7%	$666K-13.5%	$770K-54.2%	$1.7M-41.3%	$2.9M-56.8%	$6.6M-10.0%	$7.4M-27.9%	$10.2M-7.5%	$11.0M	N/A
Accounts Receivable	$10.4M+17.7%	$8.8M+45.8%	$6.0M-50.1%	$12.1M-37.1%	$19.3M	N/A	N/A	N/A	N/A	N/A	N/A	$42.8M-12.3%	$48.8M	N/A
Goodwill	N/A	$9.9M-6.6%	$10.6M+8.2%	$9.8M+11.7%	$8.8M-65.8%	$25.6M+9.8%	$23.3M-42.0%	$40.2M-2.0%	$41.0M-9.2%	$45.1M+0.1%	$45.1M-29.1%	$63.6M-1.6%	$64.7M	N/A
Total Liabilities	$11.4M-9.7%	$12.7M-32.8%	$18.9M-17.8%	$23.0M-2.9%	$23.6M-29.7%	$33.6M-27.8%	$46.5M-0.3%	$46.7M+13.0%	$41.3M-16.9%	$49.7M-20.5%	$62.5M-28.9%	$87.9M-8.5%	$96.0M	N/A
Current Liabilities	$10.5M-5.4%	$11.1M-8.7%	$12.2M-28.5%	$17.0M-16.4%	$20.4M-30.7%	$29.4M+7.2%	$27.4M-36.2%	$43.0M+22.6%	$35.0M-18.5%	$43.0M-21.3%	$54.7M-17.8%	$66.5M-3.6%	$69.0M	N/A
Total Equity	$31.2M-26.6%	$42.5M+34.8%	$31.5M-36.8%	$49.9M-9.4%	$55.1M-35.7%	$85.7M+23.3%	$69.5M-46.9%	$131.0M-23.4%	$171.1M-16.3%	$204.4M+1.1%	$202.2M-4.1%	$210.9M+0.9%	$209.1M+17.5%	$177.9M
Retained Earnings	-$233.8M-5.1%	-$222.4M-3.5%	-$215.0M-11.3%	-$193.2M-4.8%	-$184.3M-24.0%	-$148.6M+8.3%	-$162.1M-78.4%	-$90.9M-110.5%	-$43.2M-175.2%	-$15.7M-23.9%	-$12.7M-294.5%	$6.5M-38.2%	$10.5M	N/A

Metric	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22
Total Assets	$40.7M-4.6%	$42.7M+10.6%	$38.6M-12.5%	$44.1M-15.0%	$51.9M-6.0%	$55.2M+1.2%	$54.5M-5.7%	$57.8M
Current Assets	$33.7M-3.9%	$35.1M+5.1%	$33.4M-3.2%	$34.5M-5.1%	$36.4M-3.8%	$37.8M+7.5%	$35.2M-5.0%	$37.0M
Cash & Equivalents	$13.8M+2.8%	$13.4M-7.5%	$14.5M+1.1%	$14.3M-12.9%	$16.5M-6.1%	$17.5M-0.1%	$17.6M-7.3%	$18.9M
Accounts Receivable	$7.4M-29.1%	$10.4M+48.1%	$7.0M+5.4%	$6.7M-8.5%	$7.3M-17.5%	$8.8M+64.1%	$5.4M-3.3%	$5.6M
Goodwill	N/A	N/A	N/A	$3.4M-64.4%	$9.5M-4.4%	$9.9M-2.9%	$10.2M-2.1%	$10.4M
Total Liabilities	$10.0M-12.9%	$11.4M+16.9%	$9.8M-14.9%	$11.5M-8.9%	$12.6M-0.3%	$12.7M+18.9%	$10.7M-9.9%	$11.8M
Current Liabilities	$9.3M-11.7%	$10.5M+18.8%	$8.9M-14.7%	$10.4M-7.5%	$11.2M+0.9%	$11.1M+35.4%	$8.2M-9.5%	$9.1M
Total Equity	$30.7M-1.5%	$31.2M+8.5%	$28.8M-11.7%	$32.6M-17.0%	$39.2M-7.7%	$42.5M-3.0%	$43.9M-4.6%	$46.0M
Retained Earnings	-$234.7M-0.4%	-$233.8M+0.7%	-$235.5M-1.6%	-$231.9M-2.9%	-$225.4M-1.3%	-$222.4M-0.7%	-$220.9M-1.0%	-$218.8M

Not reported in any period shown, so not listed: Inventory, Long-Term Debt.

SEAC Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

SEAC quarterly cash flow statement

Metric	TTM	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Operating Cash Flow	-$698K	-$2.0M+57.4%	-$4.7M+49.3%	-$9.4M+36.8%	-$14.8M+31.3%	-$21.5M-266.2%	$12.9M+145.7%	-$28.3M-51.8%	-$18.7M-39.9%	-$13.3M-281.1%	$7.4M-57.6%	$17.4M+20.7%	$14.4M-11.7%	$16.3M+89.3%	$8.6M
Capital Expenditures	N/A	$70K-89.2%	$646K+97.0%	$328K+16.7%	$281K-22.8%	$364K-30.8%	$526K-23.0%	$683K-51.1%	$1.4M-25.4%	$1.9M-19.1%	$2.3M-41.7%	$4.0M+162.7%	$1.5M-48.9%	$3.0M-66.4%	$8.8M
Free Cash Flow	N/A	-$2.1M+61.2%	-$5.4M+44.3%	-$9.7M+35.8%	-$15.1M+31.1%	-$21.9M-276.2%	$12.4M+142.8%	-$29.0M-44.7%	-$20.1M-31.9%	-$15.2M-401.3%	$5.0M-62.3%	$13.4M+4.0%	$12.9M-3.4%	$13.3M+6535.3%	-$207K
Investing Cash Flow	-$1.5M	-$1.3M-238.8%	-$394K-109.8%	$4.0M+7.0%	$3.8M+283.8%	-$2.0M-134.1%	$6.0M	N/A	-$13.1M-61.0%	-$8.2M-1668.5%	$520K-96.0%	$13.0M+250.6%	-$8.6M-147.8%	$18.1M	N/A
Financing Cash Flow	N/A	$7K-100.0%	$17.6M+613.5%	$2.5M+423.3%	$472K+1080.0%	$40K+146.0%	-$87K	N/A	N/A	N/A	$1.1M+126.4%	-$4.0M-324.3%	$1.8M+36.5%	$1.3M+269.8%	-$771K
Share Buybacks	N/A	N/A	N/A	$80K-43.7%	$142K	N/A	N/A	N/A	N/A	$5.5M	N/A	$6.2M	$0-100.0%	$1.4M-48.2%	$2.8M

Metric	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22
Operating Cash Flow	$579K+479.0%	$100K-79.3%	$482K+125.9%	-$1.9M-150.2%	-$743K-198.7%	$753K+164.5%	-$1.2M+53.6%	-$2.5M
Capital Expenditures	N/A	-$54K-48.1%	$104K+1980.0%	$5K-66.7%	$15K-97.4%	$568K+56700.0%	$1K-98.6%	$70K
Free Cash Flow	N/A	$46K-87.8%	$378K+120.3%	-$1.9M-145.9%	-$758K-509.7%	$185K+115.8%	-$1.2M+54.8%	-$2.6M
Investing Cash Flow	-$167K+86.2%	-$1.2M-1064.4%	-$104K-1980.0%	-$5K+66.7%	-$15K+97.4%	-$568K-56700.0%	-$1K+98.6%	-$70K
Financing Cash Flow	N/A	$0	$0	N/A	N/A	$24K	$0	$0

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

SEAC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

SEAC quarterly financial ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Gross Margin	63.2%+3.3pp	59.9%+14.7pp	45.1%-19.6pp	64.8%+5.0pp	59.8%-7.4pp	67.2%+14.3pp	52.9%+9.1pp	43.8%-5.7pp	49.5%-4.7pp	54.1%+1.1pp	53.0%+5.8pp	47.2%-0.2pp	47.4%-4.8pp	52.2%
Operating Margin	-35.9%-1.4pp	-34.4%+63.4pp	-97.8%-84.6pp	-13.2%+44.1pp	-57.4%-50.6pp	-6.7%+57.9pp	-64.6%-19.6pp	-45.1%-22.1pp	-22.9%-21.8pp	-1.1%+2.3pp	-3.4%-2.6pp	-0.8%-1.8pp	1.0%-3.2pp	4.2%
Net Margin	-35.1%-7.9pp	-27.2%+71.7pp	-98.9%-85.6pp	-13.3%+47.6pp	-60.9%-77.7pp	16.8%+101.8pp	-85.0%-40.4pp	-44.6%-20.8pp	-23.8%-21.7pp	-2.1%+10.1pp	-12.2%-10.2pp	-2.0%-16.6pp	14.6%+13.9pp	0.7%
Return on Equity	-36.5%-19.1pp	-17.5%+51.5pp	-69.0%-51.1pp	-17.9%+51.1pp	-69.0%-84.7pp	15.8%+118.2pp	-102.5%-66.1pp	-36.4%-20.3pp	-16.1%-14.6pp	-1.5%+8.0pp	-9.5%-7.6pp	-1.9%-16.0pp	14.1%+13.4pp	0.7%
Return on Assets	-26.7%-13.3pp	-13.5%+29.7pp	-43.2%-30.9pp	-12.2%+36.0pp	-48.3%-59.6pp	11.3%+72.7pp	-61.4%-34.5pp	-26.9%-13.9pp	-12.9%-11.8pp	-1.2%+6.1pp	-7.2%-5.9pp	-1.3%-11.0pp	9.7%	N/A
Current Ratio	3.34-0.1x	3.40+1.3x	2.13-0.5x	2.60-0.1x	2.75+0.1x	2.64+0.1x	2.53+0.1x	2.39-1.5x	3.880.0x	3.93+0.8x	3.14+0.6x	2.55+0.2x	2.34	N/A
Debt-to-Equity	0.37+0.1x	0.30-0.3x	0.60+0.1x	0.460.0x	0.430.0x	0.39-0.3x	0.67+0.3x	0.36+0.1x	0.240.0x	0.24-0.1x	0.31-0.1x	0.420.0x	0.46	N/A
FCF Margin	-6.4%+13.3pp	-19.8%+24.3pp	-44.0%-21.6pp	-22.4%+12.6pp	-35.1%-50.6pp	15.5%+50.1pp	-34.6%-15.9pp	-18.8%-5.6pp	-13.2%-16.6pp	3.5%-5.1pp	8.5%+2.0pp	6.5%-0.1pp	6.6%+6.7pp	-0.1%

Metric	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22
Gross Margin	59.4%-13.4pp	72.8%+10.6pp	62.2%-2.8pp	65.0%+17.1pp	47.9%-18.5pp	66.4%+14.5pp	51.9%-11.0pp	62.9%
Operating Margin	-11.5%-23.7pp	12.2%+56.5pp	-44.2%+44.4pp	-88.6%-47.9pp	-40.7%-28.1pp	-12.6%+15.5pp	-28.1%+10.2pp	-38.4%
Net Margin	-10.2%-27.2pp	17.0%+61.5pp	-44.5%+43.6pp	-88.1%-43.5pp	-44.6%-27.2pp	-17.3%+12.1pp	-29.4%-32.9pp	3.5%
Return on Equity	-2.3%-7.8pp	5.5%+18.3pp	-12.8%+7.0pp	-19.8%-12.2pp	-7.6%-4.2pp	-3.5%+1.3pp	-4.8%-5.3pp	0.5%
Return on Assets	-1.8%-5.8pp	4.0%+13.6pp	-9.6%+5.1pp	-14.6%-8.9pp	-5.8%-3.1pp	-2.7%+1.2pp	-3.9%-4.3pp	0.4%
Current Ratio	3.63+0.3x	3.34-0.4x	3.77+0.4x	3.32+0.1x	3.24-0.2x	3.40-0.9x	4.28+0.2x	4.08
Debt-to-Equity	0.320.0x	0.370.0x	0.340.0x	0.350.0x	0.320.0x	0.30+0.1x	0.240.0x	0.26
FCF Margin	N/A	0.4%-4.1pp	4.6%+30.0pp	-25.4%-14.2pp	-11.3%-13.4pp	2.2%+18.5pp	-16.3%+23.2pp	-39.5%

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Where Seachange Intl Inc Ranks

Frequently Asked Questions

What is Seachange Intl Inc's annual revenue?

Seachange Intl Inc (SEAC) reported $32.5M in total revenue for fiscal year 2023. This represents a 19.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Seachange Intl Inc's revenue growing?

Seachange Intl Inc (SEAC) revenue grew by 19.0% year-over-year, from $27.3M to $32.5M in fiscal year 2023.

Is Seachange Intl Inc profitable?

No, Seachange Intl Inc (SEAC) reported a net income of -$11.4M in fiscal year 2023, with a net profit margin of -35.1%.

What is Seachange Intl Inc's EBITDA?

Seachange Intl Inc (SEAC) had EBITDA of -$11.4M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

What is Seachange Intl Inc's gross margin?

Seachange Intl Inc (SEAC) had a gross margin of 63.2% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

What is Seachange Intl Inc's operating margin?

Seachange Intl Inc (SEAC) had an operating margin of -35.9% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

What is Seachange Intl Inc's net profit margin?

Seachange Intl Inc (SEAC) had a net profit margin of -35.1% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

What is Seachange Intl Inc's return on equity (ROE)?

Seachange Intl Inc (SEAC) has a return on equity of -36.5% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.

What is Seachange Intl Inc's free cash flow?

Seachange Intl Inc (SEAC) recorded an outflow of $2.1M in free cash flow during fiscal year 2023. This represents a 61.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Seachange Intl Inc's operating cash flow?

Seachange Intl Inc (SEAC) recorded an outflow of $2.0M in operating cash flow during fiscal year 2023, representing cash used by core business activities.

What are Seachange Intl Inc's total assets?

Seachange Intl Inc (SEAC) had $42.7M in total assets as of fiscal year 2023, including both current and long-term assets.

What are Seachange Intl Inc's capital expenditures?

Seachange Intl Inc (SEAC) invested $70K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

How much does Seachange Intl Inc spend on research and development?

Seachange Intl Inc (SEAC) invested $8.0M in research and development during fiscal year 2023.

How many shares does Seachange Intl Inc have outstanding?

Seachange Intl Inc (SEAC) had 50M shares outstanding as of fiscal year 2023.

What is Seachange Intl Inc's current ratio?

Seachange Intl Inc (SEAC) had a current ratio of 3.34 as of fiscal year 2023, which is generally considered healthy.

What is Seachange Intl Inc's debt-to-equity ratio?

Seachange Intl Inc (SEAC) had a debt-to-equity ratio of 0.37 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Seachange Intl Inc's return on assets (ROA)?

Seachange Intl Inc (SEAC) had a return on assets of -26.7% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

How does Seachange Intl Inc's liquidity compare with its operating cash outflow?

At the end of fiscal year 2023, Seachange Intl Inc (SEAC) held $14.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $2.0M over that year. Dividing the one by the other, the reported balance equals about 87 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Seachange Intl Inc's Altman Z-Score?

Seachange Intl Inc (SEAC) has an Altman Z-Score of -6.54, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Seachange Intl Inc's Piotroski F-Score?

Seachange Intl Inc (SEAC) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Seachange Intl Inc's earnings high quality?

Seachange Intl Inc (SEAC) reported a net loss of $11.4M while operations used $2.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.