SeaChange International (SeaChange International) Gross Profit

: $21.46 Mil (TTM As of Apr. 2023)

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SeaChange International's gross profit for the three months ended in Apr. 2023 was $4.15 Mil. SeaChange International's gross profit for the trailing twelve months (TTM) ended in Apr. 2023 was $21.46 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SeaChange International's gross profit for the three months ended in Apr. 2023 was $4.15 Mil. SeaChange International's Revenue for the three months ended in Apr. 2023 was $6.99 Mil. Therefore, SeaChange International's Gross Margin % for the quarter that ended in Apr. 2023 was 59.40%.

SeaChange International had a gross margin of 59.40% for the quarter that ended in Apr. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of SeaChange International was 67.21%. The lowest was 43.78%. And the median was 56.98%.

Warning Sign:

SeaChange International Inc gross margin has been in long-term decline. The average rate of decline per year is -1.9%.

SeaChange International Gross Profit Historical Data

The historical data trend for SeaChange International's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SeaChange International Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Gross Profit

37.33

43.50

9.93

16.35

20.53

SeaChange International Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Gross Profit																3.22	4.76	5.16	7.39	4.15

Competitive Comparison

For the Software - Application subindustry, SeaChange International's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SeaChange International Gross Profit Distribution

For the Software industry and Technology sector, SeaChange International's Gross Profit distribution charts can be found below:

* The bar in red indicates where SeaChange International's Gross Profit falls into.

SeaChange International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

SeaChange International's Gross Profit for the fiscal year that ended in Jan. 2023 is calculated as

Gross Profit (A: Jan. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	32.493	-	11.966
	=	20.53

SeaChange International's Gross Profit for the quarter that ended in Apr. 2023 is calculated as

Gross Profit (Q: Apr. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	6.992	-	2.839
	=	4.15

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.46 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

SeaChange International's Gross Margin % for the quarter that ended in Apr. 2023 is calculated as

Gross Margin % (Q: Apr. 2023 )	=	Gross Profit (Q: Apr. 2023 )	/	Revenue (Q: Apr. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	4.15	/	6.992
	=	59.40 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

SeaChange International (OTCPK:SEAC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

SeaChange International had a gross margin of 59.40% for the quarter that ended in Apr. 2023 => Durable competitive advantage

SeaChange International Gross Profit Related Terms

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SeaChange International (SeaChange International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SeaChange International Inc (OTCPK:SEAC) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

177 Huntington Avenue, Suite 1703, PMB 73480, Boston, MA, USA, 02115

Website

https://www.seachange.com

SeaChange International Inc is a provider of multiscreen video solutions for television service providers, telecommunications companies, satellite operators, and media companies. The business has two product areas: multiscreen video back-office and advertising and video gateway software solutions. The firm's solutions facilitate aggregation, licensing, management, and distribution of video and advertising content for its customers. The company derives revenue from sales of hardware, software, systems, and services in multiple-element arrangements. Roughly half of the firm's revenue is generated in the United States, with the rest in Europe, Middle East, Latin America, and Asia-Pacific regions.

Executives

Karen Singer	10 percent owner	212 VACCARO DRIVE, CRESSKILL NJ 07626
Christoph Klimmer	officer: President	177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Mark Paul Szynkowski	officer: SVP, CFO and Treasurer	44 LAKEVIEW DRIVE, MONROE NY 10950
Igor Volshteyn	director	6470 EAST JOHNS CROSSING, DULUTH GA 30097
Kathleen Mosher	officer: Chief Financial Officer	C/O SEACHANGE INTERNATIONAL, INC., 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Peter D Aquino	director, officer: President and C.E.O.	MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Michael Prinn	officer: Chief Financial Officer	C/O BRIDGELINE DIGITAL, INC., 10 SIXTH ROAD, WOBURN MA 01801
Steven G Singer	director	2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Robert M Pons	director	439 WILLIAMSON ROAD, GLADWYNE PA 19035
David J Nicol	director	9777 PYRAMID COURT 100, C/O EVOLVING SYSTEMS INC, ENGLEWOOD CO 80112
Matthew Stecker	director	711 SOUTH BRYN MAWR AVE., BRYN MAWR PA 19010
Marek Kielczewski	officer: Chief Technology Officer	50 NAGOG PARK, ACTON MA 01720
Yosef Aloni	officer: Chief Commercial Officer	50 NAGOG PARK, ACTON MA 01720
Julian D. Singer	director	2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Chad A. Hassler	officer: Chief Commercial Officer	50 NAGOG PARK, ACTON MA 01720