AVID TECHNOLOGY, INC.
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $417.4M | $409.9M | $360.5M | $411.8M | $413.3M | $419.0M |
| Operating income | $53.9M | $46.3M | $31.6M | $32.1M | $13.7M | $5.2M |
| Net income | $55.2M | $41.4M | $11.1M | $7.6M | −$10.7M | −$13.6M |
| Total assets | $287.5M | $274.0M | $305.1M | $304.3M | $265.8M | $234.7M |
| Total liabilities | $406.2M | $398.1M | $438.1M | $459.4M | $432.5M | $503.3M |
| Equity | −$118.8M | −$124.1M | −$132.9M | −$155.1M | −$166.7M | −$268.6M |
| EPS (diluted) | $1.23 | $0.89 | $0.25 | $0.17 | $-0.26 | $-0.33 |
| Shares out. | 44.7M | 44.5M | 43.2M | 40.9M | 40.9M | 40.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- 12.9%
- Net margin
- 13.2%
- Return on equity
- −46.5%
- Return on assets
- 19.2%
- Return on capital (ROCE)
- 55.6%
- Liabilities / assets
- 141.3%
- Debt / equity
- —
- Book value / share
- $-2.66
- Revenue growth (YoY)
- 1.8%
- Net income growth (YoY)
- 33.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -11.47distress
- Accruals / assets
- 2.5%clean
- Beneish M-Score
- -2.08normal
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 1 warning● 4 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 17, 2017
- NT 10-Qmissed a reporting deadline ↗Nov 12, 2014
- NT 10-Qmissed a reporting deadline ↗Aug 12, 2014
- NT 10-Qmissed a reporting deadline ↗May 13, 2014
- NT 10-Kmissed a reporting deadline ↗Mar 18, 2014
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2013
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Regulation FD disclosureNov 8, 2023
- Shareholder voteNov 2, 2023
- Other material eventOct 25, 2023
- Other material eventOct 20, 2023
- Entered a material agreement · Director / officer changeAug 10, 2023
- Other material eventAug 9, 2023
- Results of operations · Regulation FD disclosureAug 9, 2023
- Amended charter or bylaws · Shareholder voteJun 1, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GNOTICE OF TERMINATION OF REGISTRATIONNov 16, 2023
- SC 13G/ANov 13, 2023
- 8-KCURRENT REPORTNov 8, 2023
- SC 13D/ANov 8, 2023
- 4OWNERSHIP DOCUMENTNov 7, 2023
- SC 13D/AAMENDMENT NO. 8 TO THE SCHEDULE 13DNov 7, 2023
- 4Nov 7, 2023
- 4Nov 7, 2023
- 4Nov 7, 2023
- 4Nov 7, 2023
- 4Nov 7, 2023
- 4Nov 7, 2023
- 4Nov 7, 2023
- 4Nov 7, 2023
- 4Nov 7, 2023
Event-driven situations (1)
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