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Avid Tech Inc (AVID)

Avid Tech Inc (AVID)
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Avid Technology, Inc. develops, markets, sells and supports a wide range of software and systems for creating and manipulating digital media content. Digital media are media elements, whether video or audio or graphics, in which the image, sound or picture is recorded and stored asdigital values, as opposed to analog signals. The company's systems are designed to improve the productivity of video and film editors by enabling them to edit moving pictures and sound in a faster, easier, and more cost-effective manner than traditional analog tape-based systems.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Sales 417,410 409,940 360,470 411,790 413,280
Sales Growth +1.82% +13.72% -12.46% -0.36% -1.37%
Net Income 55,240 41,390 11,060 7,600 -10,670
Net Income Growth +33.46% +274.23% +45.53% +171.23% +21.31%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Total Assets 287,450 274,000 305,140 304,290 265,840
Total Assets Growth +4.91% -10.21% +0.28% +14.46% +13.28%
Total Liabilities 406,240 398,070 438,060 459,380 432,500
Total Liabilities Growth +2.05% -9.13% -4.64% +6.22% -14.06%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Operating Cash Flow 48,020 62,490 39,560 19,640 15,820
Operating Cash Flow Growth -23.16% +57.96% +101.43% +24.15% +76.96%
Net Cash Flow -21,700 -23,080 11,060 4,480 7,660
Change in Net Cash Flow +5.98% -308.68% +146.88% -41.51% -37.62%
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