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Dec 31, 2020
Digimarc Q4 2020 Earnings Report
Digimarc's revenue increased, operating expenses decreased, and net loss improved compared to Q4 2019.
Key Takeaways
Digimarc Corporation reported a 4% increase in revenue for the fourth quarter of 2020, reaching $5.6 million. The operating loss decreased by 12% to $7.8 million, and the net loss decreased by 10% to $7.8 million. GAAP loss per common share was $(1.27), while non-GAAP loss per common share was $(0.51).
Revenue increased by 4% to $5.6 million compared to Q4 2019.
Service revenue increased by 7%, driven by growth in Government and Retail customers.
Operating loss decreased by 12% to $7.8 million due to higher revenue and lower operating expenses.
Net loss decreased by 10% to $7.8 million compared to Q4 2019.
Digimarc
Digimarc
Digimarc Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comService Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income