ObjectVideo Revenue Breakdown

Author: John Honovich, Published on Aug 25, 2013

ObjectVideo disclosed its 2012 revenue to be $18.9 million but what does that mean? Where does that 'rank' OV? Where is the revenue coming from? In this note, we examine OV's different business units, exploring their government contracts and analyzing the revenue potential of their ongoing patent enforcement / lawsuit campaign.

OV's Revenue Overviewed

**'* ******* **** ** ******* ** **.*% **** **** ** 2012, ********** ******** **** $**.* ******* *** ** $**.*. ** contrast, **'* ******* *** $*.* ********* ****, ** ***% **** **** ******* ** $*.* ******* (**** was *** **** **** '***** *******' ******* **** ** **** at *** ****). **** *** ** **** ******, ** **** at * **** ** **.**%.

***** ******, ** ******** *** ********* ** **** *** **** 53 *** **** (*** ****).

********* **'* ******* ** *** ********* ****** ** ********* ******* of ********** ****** *** ******* ******* *********. ***** ********* *** frequently ******** ****** ******* *** *********, ***** ** * ****** about *** ** ******* ******** ******* **** **** ******** *** whole ****** (******** ****** *********** ****$* ******* ****** **** ** ****). ********, ********* ** ** *******, *** *******, ******* * similar *******, ***** ** ****** ** ********** ***** ******* **** sells ********** (*.*., ******* / ********). *******, **'* ******* ** not ****** ** **** ********* **** ******** *********.

Government ***********

********** ********* ****** ********* ********* ****, ** *** ****** ***, of **'* *******. *** **** ********* ******* ** * $**.* million *********** ****** ******** ****** *********** ***-****. *******,****** *************** **** ** *** *** **** ** ********* ** *** past * ***** (*** ************ ********* ** **** ********), ********* $**+ ******* ** **** ** ***** $*+ ******* were **** *** ** *** *****.

******** *********

** *** *****, ** **** ** **** *** **** ***** analytic ******** **** ********* (***,***, ***,***, ***.)*** **** **** **** ***** ******* ****. ** **** *** heard ** ****** ***** ** ****** **'* ******** ** ****** years. ** ******, ********* ***** **** ** ****, *** ** a ***** **** ********* ***** *** * ****** ****** *** them. *******, ***** *** **** ** ****** ************ ** *** software **** *** *** **** ****** ** ********** *********, ** suspect ***** ******** ******** ** * ***** ********** ** ***** revenue.

Patent *********

*********, ****** ********* ** *** *** ****** ****** *** **, having ******** ******** **** **** **** ** *************, ************ *******. *******, ** ******* *** ***** **** ******* **** ** quite ***.

**** ** ****, ** ***** ** ********* ** **'* ****** licensing ******* *** **** **** $* ** $* *******. **** what ** **** **** ****, ******, ** ****, *** ************* paying ********* *** ***** ***** ** ***** **********. ************, *** per ******* ********* ***** ** ***** **** $* ** $*. We ******* **** *** ****** ** ******** ******** *** ** the ******** ** ********* ** ******** ***** ******* ** *** (let's *** ***,*** ** * ***** ******). ******** ***,*** ******** and $* ** $* ******* *******, ******* ***** ** ** the $* ******* *****, * ******** ******** ** ***** ********** contracting ********.

*******, *** *** ***** ****** *********** ** ** *** ******. Consider ** ***** **** ***, *** ****** ** ******* ***** will ** * ** ** ****** (**** ** ** ** 15% *****) *** ********* * *** ******* ********** ** ******* will ** ***** ********* (***** ** ** ****, ******* * or *%, ** **** ** ***** ** **% ** ****). With **** * ***** ** **** ******* *** ** ***** greater ******** *****, *** ****** ********* ***** ** **** ** millions ** ******* ********.

**********

***** $**.* ******* ***** ***** **** * *** *** **, considering ***** ********** *********, ***** ********** ******** ******* ****** **** for ***, *** **** **** *** ********* ** ********** $***+ million **** *** **** ****** **** ** *** ******** ****** matures *** **** ******** ***** *********** *******. **** ** ***** for **** ** **** *** ************* ***** ** ******* *** so ******* ******* ** **** ** ***** ***** **** ********** costs, **** ** ** ******* ********** ** *** * ********* huge ******** ** *** ******.

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