{"id":14412,"date":"2023-03-02T12:35:23","date_gmt":"2023-03-02T09:35:23","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=14412"},"modified":"2024-04-15T13:51:22","modified_gmt":"2024-04-15T10:51:22","slug":"ipo-of-beamr-imaging-in-demand-video-compression-technology","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/","title":{"rendered":"IPO of Beamr Imaging: In-Demand Video Compression Technology"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>This article is about Israeli technology company Beamr Imaging Ltd., which plans to go public and list on the NASDAQ exchange on 28 February. The ticker symbol of its <a href=\"https:\/\/roboforex.com\/forex-trading\/assets\/stocks\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"invest in stocks\">stocks<\/a> is BMK. The firm develops solutions for video encoding, optimisation, and decoding.<\/p>\n\n\n\n<p>Today we will talk about the issuer's business model, the outlook for its addressable market, its main competitors, the company&rsquo;s financial situation, its strengths and weaknesses, and the details of the IPO.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Beamr_Imaging_in_brief\"><\/span><a><\/a>Beamr Imaging in brief<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"630\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/1-bmk.png\" alt=\"Beamr Imaging in brief\" class=\"wp-image-14413\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/1-bmk.png 1200w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/1-bmk-360x189.png 360w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/1-bmk-768x403.png 768w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/1-bmk-150x79.png 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p>Beamr Imaging Ltd. specialises in the development of technologies that can significantly reduce the volume of video and image files while maintaining the level of quality. This optimisation enables faster and more efficient data uploading, sharing, and live streaming.<\/p>\n\n\n\n<p>The company was founded in 2009 in Israel and is headquartered in Herzliya. The firm's CEO since inception is Sharon Carmel, who previously held a similar position and was a founder at BeInSync and Emblaze.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/2-bmk.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"624\" height=\"808\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/2-bmk.jpg\" alt=\"Example of file compression using Beamr Imaging technology\" class=\"wp-image-14414\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/2-bmk.jpg 624w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/2-bmk-154x200.jpg 154w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/2-bmk-150x194.jpg 150w\" sizes=\"(max-width: 624px) 100vw, 624px\" \/><\/a><figcaption class=\"wp-element-caption\"><em>Example of file compression using Beamr Imaging technology<\/em><\/figcaption><\/figure>\n\n\n\n<p>Beamr&rsquo;s video encoding and decoding technology was awarded an Emmy in 2021. The company holds 51 patents, including for Beamr Quality Measure algorithms, which enable efficient compression of multimedia files.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/3-bmk.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"828\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/3-bmk-640x828.jpg\" alt=\"Emmy Award for Beamr Imaging technology\" class=\"wp-image-14415\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/3-bmk-640x828.jpg 640w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/3-bmk-154x200.jpg 154w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/3-bmk-768x994.jpg 768w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/3-bmk-150x194.jpg 150w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/3-bmk.jpg 811w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\"><em>Emmy Award for Beamr Imaging technology<\/em><\/figcaption><\/figure>\n\n\n\n<p>What makes this technology unique is that it considers the peculiarities of human visual perception of graphic information. The optimised video and image parameters comply with the ITU BT.500 international standard.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/4-bmk.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"828\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/4-bmk-640x828.jpg\" alt=\"An example of how the Beamr Quality Measure technology works\" class=\"wp-image-14416\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/4-bmk-640x828.jpg 640w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/4-bmk-154x200.jpg 154w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/4-bmk-768x994.jpg 768w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/4-bmk-150x194.jpg 150w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/4-bmk.jpg 811w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\"><em>An example of how the Beamr Quality Measure technology works<\/em><\/figcaption><\/figure>\n\n\n\n<p>Beamr Imaging is currently working on patent registrations for three more solutions:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Beamr JPEGmini is an image compression software<\/li>\n\n\n\n<li>The Beamr Silicon IP block is a video encoding and compression device<\/li>\n\n\n\n<li>Beamr 4 and Beamr 5 are video encoders and decoders<\/li>\n<\/ul>\n\n\n\n<p>In addition, Beamr Imaging plans to implement a cloud service with integrated graphics compression technology. This will make it easier and faster for users to access the company's turnkey solutions. Its customers include major media content producers and distributors such as <a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/NFLX\/\" data-internallinksmanager029f6b8e52c=\"264\" title=\"Netflix Inc\">Netflix Inc.<\/a> (NASDAQ: NFLX), Paramount Global (NASDAQ: PARA), Wowza Media Systems LLC, <a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/MSFT\/\" data-internallinksmanager029f6b8e52c=\"262\" title=\"Microsoft Corp\">Microsoft Corporation<\/a> (NASDAQ: MSFT), VMware Inc. (<a href=\"https:\/\/roboforex.com\/blog\/2022\/06\/17\/nyse-probably-main-stock-market\/\" data-internallinksmanager029f6b8e52c=\"303\" title=\"NYSE\">NYSE<\/a>: VMW), Vimeo Inc. (NASDAQ: VMEO), and Citrix Systems Inc.<\/p>\n\n\n\n<p>At the end of 2021, these companies accounted for 62% of Beamr Imaging's total sales. The issuer reduced this share to 58% between January and June 2022 to increase the diversification of its customer base. As we can see, the firm has a lot of work to do in this area.<\/p>\n\n\n\n<p>As of 31 December 2021, the amount of investment raised by Beamr Imaging Ltd. reached USD 30.2 million. The main investors are <a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/VZ\/\" data-internallinksmanager029f6b8e52c=\"279\" title=\"Verizon Communications Inc\">Verizon<\/a> Ventures LLC, Disruptive Technologies L.P., Innovation Endeavors L.P., and Marker LP.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Prospects_for_the_Beamr_Imaging_addressable_market\"><\/span><a><\/a>Prospects for the Beamr Imaging addressable market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>According to Fortune Business Insights, the global cloud video storage market was valued at USD 7.3 billion in 2021. It is expected to reach USD 20.9 billion by 2028. The projected compound annual growth rate (CAGR) from 2022 to 2028 is 16%.<\/p>\n\n\n\n<p>According to a Datamation report, the global data optimisation market is valued at USD 3 billion in 2020. It is expected to reach USD 4.5 billion by 2026. The projected compound annual growth rate (CAGR) from 2020 to 2026 is 5.2%.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/5-bmk.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"828\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/5-bmk-640x828.jpg\" alt=\"The Beamr Imaging addressable market\" class=\"wp-image-14417\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/5-bmk-640x828.jpg 640w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/5-bmk-154x200.jpg 154w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/5-bmk-768x994.jpg 768w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/5-bmk-150x194.jpg 150w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/5-bmk.jpg 811w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\"><em>The Beamr Imaging addressable market<\/em><\/figcaption><\/figure>\n\n\n\n<p>Main competitors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Seagate Technology LLC<\/li>\n\n\n\n<li><a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/AAPL\/\" data-internallinksmanager029f6b8e52c=\"230\" title=\"Apple In\u0441\">Apple Inc.<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/roboforex.com\/beginners\/info\/charts\/stocks\/googl\/\" data-internallinksmanager029f6b8e52c=\"249\" title=\"Alphabet Inc\">Alphabet Inc.<\/a><\/li>\n\n\n\n<li>Ateme S.A.<\/li>\n\n\n\n<li>MainConcept GmbH<\/li>\n\n\n\n<li>Ittiam Systems Private Limited<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Beamr_Imagings_financial_performance\"><\/span><a><\/a>Beamr Imaging&rsquo;s financial performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Beamr Imaging Ltd. generated revenues of USD 3.3 million for 2021, an increase of 3.9% over the result for 2020. For the first half of 2022, the figure decreased by 7.9% to USD 0.93 million. From July 2021 to June 2022 inclusive, revenue reached 3.1 million USD.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/6-bmk.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1840\" height=\"675\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/6-bmk.png\" alt=\"Beamr Imaging's financial performance\" class=\"wp-image-14418\" srcset=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/6-bmk.png 1840w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/6-bmk-360x132.png 360w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/6-bmk-768x282.png 768w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/6-bmk-1536x563.png 1536w, https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/6-bmk-150x55.png 150w\" sizes=\"(max-width: 1840px) 100vw, 1840px\" \/><\/a><figcaption class=\"wp-element-caption\"><em>Beamr Imaging's financial performance<\/em><\/figcaption><\/figure>\n\n\n\n<p>The issuer's net loss for 2021 was USD 0.95 million, down 61.3% from the result for 2020. For the first half of 2022, the figure decreased by 11.53% to USD 0.83 million.<\/p>\n\n\n\n<p>As of 31 December 2021, the net cash flow was positive and reached USD 0.57 million. During the same period, the company had USD 1 million in accounts, with total liabilities reaching USD 6.2 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Beamr_Imagings_strengths_and_weaknesses\"><\/span><a><\/a>Beamr Imaging&rsquo;s strengths and weaknesses<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Strengths:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A promising addressable market<\/li>\n\n\n\n<li>A regular customer base<\/li>\n\n\n\n<li>Qualified management<\/li>\n\n\n\n<li>A sought-after technology developed in-house<\/li>\n\n\n\n<li>Reducing the net loss<\/li>\n\n\n\n<li>Cooperation with renowned companies<\/li>\n<\/ul>\n\n\n\n<p>Weaknesses:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fierce competition<\/li>\n\n\n\n<li>No net profit<\/li>\n\n\n\n<li>A decrease in revenue<\/li>\n\n\n\n<li>An increase in operating costs<\/li>\n\n\n\n<li>Low level of business diversification<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_we_know_about_the_Beamr_Imaging_IPO\"><\/span>What we know about the Beamr Imaging IPO<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>ThinkEquity LLC will be the underwriter for Beamr Imaging Ltd.&rsquo;s IPO. The issuer plans to sell 3 million ordinary stocks at the offered average price of 5 USD per unit. The gross proceeds from the sale of the stocks will amount to 15 million USD, excluding the sale of options by the underwriter. The company's market capitalisation may reach USD 68.5 million.<\/p>\n\n\n\n<p>It is likely that the issuer's <a href=\"https:\/\/roboforex.com\/blog\/2021\/06\/25\/multipliers-for-stock-analysis-getting-to-know-p-s\/\">P\/S<\/a> multiple (capitalisation\/revenues) will reach 22.1. Such a <a href=\"https:\/\/roboforex.com\/blog\/2021\/06\/25\/multipliers-for-stock-analysis-getting-to-know-p-s\/\" data-internallinksmanager029f6b8e52c=\"189\" title=\"P\/S\">P\/S<\/a> value could be considered excessive for a representative of this sector. However, growth in the lock-up period is possible in case of favourable market conditions.<\/p>\n\n\n\n<p class=\"wp-block-button aligncenter\">\n<a class=\"button button-green\" href=\"https:\/\/my.roboforex.com\/en\/register\/\" rel=\"nofollow\">Open Trading Account<\/a><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>The IPO of Beamr Imaging Ltd. on the NASDAQ will take place on 28 February. The company develops technologies for encoding, compressing and decoding videos and images. Let\u2019s take a closer look at Beamr Imaging Ltd.\u2019s business and financial position.<\/p>\n","protected":false},"author":60,"featured_media":14419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[2891,2934,884],"class_list":["post-14412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-2023-ipo","tag-beamr-imaging-ltd","tag-ipo-analysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IPO of Beamr Imaging: In-Demand Video Compression Technology - RoboForex Blog<\/title>\n<meta name=\"description\" content=\"The IPO of Beamr Imaging Ltd. on the NASDAQ will take place on 28 February. The company develops technologies for encoding, compressing and decoding videos and images. 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Let\u2019s take a closer look at Beamr Imaging Ltd.\u2019s business and financial position.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/\" \/>\n<meta property=\"og:site_name\" content=\"RoboForex Blog\" \/>\n<meta property=\"og:image\" content=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/02.03.2023.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1856\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vadim Kovalenko\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/\"},\"headline\":\"IPO of Beamr Imaging: In-Demand Video Compression Technology\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/\"},\"wordCount\":790,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/roboforex.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/02.03.2023.jpg\",\"keywords\":[\"2023 ipo\",\"beamr imaging ltd\",\"ipo analysis\"],\"articleSection\":[\"Analysis\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/\",\"url\":\"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/\",\"name\":\"IPO of Beamr Imaging: In-Demand Video Compression Technology - RoboForex Blog\",\"isPartOf\":{\"@id\":\"https:\/\/roboforex.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/roboforex.com\/blog\/2023\/03\/02\/ipo-of-beamr-imaging-in-demand-video-compression-technology\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/2023\/03\/02.03.2023.jpg\",\"description\":\"The IPO of Beamr Imaging Ltd. on the NASDAQ will take place on 28 February. 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