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Jun 30, 2023
Digimarc Q2 2023 Earnings Report
Digimarc had a strong quarter with subscription revenue increasing and subscription gross profit margin reaching a high percentage.
Key Takeaways
Digimarc reported a 13% increase in total revenue, driven by a 44% increase in subscription revenue. The company's subscription gross profit margin reached 84%. Net loss decreased compared to the same quarter last year.
Subscription revenue increased by 44% to $4.7 million.
Total revenue increased by 13% to $8.7 million.
Subscription gross profit margin improved to 84%.
Net loss decreased to $10.6 million, or $(0.53) per share.
Digimarc
Digimarc
Digimarc Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comService Revenue
CapyFin.com Forward Guidance
Digimarc did not provide specific financial guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income