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Dec 31, 2023
Digimarc Q4 2023 Earnings Report
Reported strong growth in subscription revenue and gross profit margin.
Key Takeaways
Digimarc Corporation reported a strong fourth quarter with a 71% increase in ARR growth, a 37% increase in subscription revenue growth, and an expansion of subscription gross profit margins to 87%. Total revenue increased to $9.3 million, and the net loss was $10.6 million, or ($0.52) per share.
ARR growth accelerated to 71% year-over-year.
Subscription revenue growth accelerated to 37% year-over-year.
Subscription gross profit margins expanded to 87%.
Total revenue increased to $9.3 million.
Digimarc
Digimarc
Digimarc Revenue by Segment
Revenue by Segment
Subscription Revenue
CapyFin.comService Revenue
CapyFin.com Forward Guidance
Digimarc did not provide specific forward guidance in the provided text. The CEO expressed excitement for the future, emphasizing the team's execution on multiple initiatives and a commitment to continuous improvement.
Revenue & Expenses
Visualization of income flow from segment revenue to net income