BRIGHTCOVE INC (NASDAQ:BCOV)

CAPS Rating: 2 out of 5

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Member Avatar bmannava (< 20) Submitted: 2/19/2013 11:34:46 PM : Outperform Start Price: $6.48 BCOV Score: +10.10

strong buy suggestion, with in 3 months this stock minimum goes 30% up

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Member Avatar geomedf (< 20) Submitted: 3/26/2012 3:53:45 AM : Outperform Start Price: $21.50 BCOV Score: -92.66

Leading global provider of cloud-based solutions for publishing and distributing professional digital media with tremendous growth trajectory.

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Member Avatar ta2122 (49.12) Submitted: 2/21/2012 2:31:13 AM : Underperform Start Price: $14.47 BCOV Score: +77.18

"Brightcove is a leading global provider of cloud-based solutions for publishing and distributing professional digital media. As of December 31, 2011, we had 3,872 customers in over 50 countries, including many of the world’s leading media, retail, technology and financial services companies, as well as governments, educational institutions and non-profit organizations."

2009 Net Loss = 7.2M
2010 Net Loss = 23.0M
2011 Net Loss = 23.3M

Free Cash Flow
2009 = - 924,000
2010 = - 13,482,000
2011 = - 11,263,000

Use of proceeds from IPO you ask?
"for working capital and other general corporate purposes, funding of our marketing activities" REALY? I HOPE THEY DON'T REALLY USE IT FOR WORKING CAPITAL. CAN'T EVEN GENERATE CASH AS A BUSINESS.

"to repay the outstanding principal under our credit facility with Silicon Valley Bank" GOING PUBLIC, TO RAISE CASH, TO PAY OFF CREDITORS.

Current Liabilities = $25M
They lose $23M just running their business.

Humor me with an outperform pitch for this charity that is in existence simply to pay of preferred shareholders and creditors.

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