Overview

DivX, Inc. creates products and services designed for media applications. It offers a video compression-decompression software library, or codec, which is a set of software libraries that plugs into video software applications and allows users to create and play DivX videos through its Web site, DivX.com. The company also provides DivX Player, a software application that plays video content created using various versions of the DivX video technology, as well as allows users to process video downloads, manage video collections, and activate DivX certified devices; DivX Web Player, a software plug-in that interfaces with Web browsers and allows DivX video to be embedded and played within Web pages; and DivX Pro video codec, which offers additional encoding tools. In addition, it offers DivX Converter, which automatically converts files in other media formats to its DivX media format; DivX video codec for Mac OS, which allows users to create and play DivX videos using various applications designed to use the QuickTime multimedia architecture; DivX Play Bundle, which includes DivX video codec, DivX Player, and DivX Web Player; and software development kits that allow software vendors to build DivX playback and creation support into their products. Further, the company licenses its technologies to consumer hardware device manufacturers and certifies their products to ensure the interoperable support of DivX-encoded content. It markets its technologies to a range of semiconductor manufacturers, ODMs, OEMs, and software developers worldwide. The company was co-founded by R. Jordan Greenhall and Darrius Thompson. DivX, Inc. was incorporated in 2000 and is headquartered in San Diego, California. The company acquired Corporate Green, a general partnership that developed an online community platform in March 2006. Additional Information from Reuters

Financials (In millions of USD)

Income Statement

Quarterly
(Dec '06)

Annual
(2006)

Annual
(2005)

Total Revenue

16.66

59.33

33.05

Gross Profit

15.58

55.34

29.39

Operating Income

3.67

14.01

3.13

Net Income

7.39

16.44

2.29

Balance Sheet

Total Current Assets

158.82

158.82

30.27

Total Assets

164.39

164.39

33.16

Total Current Liabilities

11.80

11.80

7.92

Total Liabilities

13.47

13.47

10.14

Total Equity

150.91

150.91

23.03

Cash Flow

Cash from Operating

4.35

16.77

2.19

Cash from Investing

-62.52

-64.21

-0.89

Cash from Financing

-1.91

108.71

16.80

Net Change in Cash

-60.08

61.27

18.10

                                                                          Source:  Google Finance

 

Key Elements

  • Increased revenue in Technology licensing
  • DivX, Inc. operates Stage6, an online video sharing community similar to youtube.com with much better quality and content.
  • DivX video technology in incorporated in DVD players and cell phone such as Samsung F500
  • Google is the primary licensor of the technology
  • Expension in current and new markets such as         digital versatile disc, or DVD, players; DVD recorders; network connected DVD players; high definition DVD players;   portable media players; digital still cameras; digital camcorders; mobile handsets; digital media software applications; smart TVs; home media centers; and set-top boxes.

Charts

 

3 Month Chart

1 Year Chart

5 Year Chart

                                                                       Source:  BigCharts.com

News

              Source:  Yahoo Finance

 

Ownership