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Jun 30, 2022
Digimarc Q2 2022 Earnings Report
Digimarc's revenue increased, but gross profit decreased due to amortization expenses.
Key Takeaways
Digimarc reported a 23% increase in revenue for Q2 2022, driven by subscription and service revenue, including contributions from the EVRYTHNG acquisition and HolyGrail 2.0 projects. However, gross profit decreased due to amortization expenses, while the net loss per share improved compared to the same period last year.
Revenue increased by 23% to $7.7 million compared to Q2 2021.
Gross profit decreased by 5% to $4.0 million due to amortization expenses.
Net loss was $14.6 million, or $(0.75) per share, compared to $15.4 million, or $(0.94) per share in Q2 2021.
Cash, cash equivalents, and marketable securities totaled $68.4 million as of June 30, 2022.
Digimarc
Digimarc
Digimarc Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comService Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income