NJ TECH CORNER: Innodata
Company Overview
Innodata (NASDAQ: INOD) is a global digital services and solutions company. Its technology and services power information products and online retail destinations. Innodata’s solutions help enterprises harness the power of digital data to re-imagine how to operate and drive performance. The company serves publishers, media and information companies, digital retailers, banks, insurance companies, government agencies and other industries. The Hackensack-based company operates in three reporting segments: customer services, Innodata Advanced Data Solutions, Media Intelligence Solutions. Founded in 1988, the company has operations in the United States, Philippines, India, Sri Lanka, Germany, Israel and Canada. The company has more than 5,000 employees worldwide.
Investment & Financial Information
Shares of common stock outstanding (as of June 7, 2016): |
25,445,071 |
Share price of stock (as of Jan. 6, 2017) |
$2.13 |
Share price of stock (one year ago) |
$2.72 |
Current valuation (as of Jan. 6, 2017) |
$54.2 million |
Valuation one year ago |
$68.92 million |
Stock Symbol: |
NASDAQ:INOD |
Net Revenues (year ended Dec. 31, 2015): |
$58.5 million |
Net Revenues previous year |
$59.0 million |
Net Loss ( Year ended Dec. 31, 2015) |
$3.8 million |
Net Loss previous year: |
$1.92 million |
Management Team
Name |
Age |
Title |
Jack S. Abuhoff |
55 |
CEO, President, Chairman |
Ashok Kumar Mishra |
61 |
Executive Vice President, COO |
O’Neil Nalavadi |
56 |
Senior Vice President, CFO |
Amy R. Agress |
NA* |
Senior Vice President, General Counsel |
R. Douglas Kemp |
NA* |
Senior Vice President, Synodex** |
Brett Serjeantson |
NA* |
CEO, Co-founder, MediaMiser*** |
*Age not available
**Synodex is a subsidiary of the company
***MediaMiser is a subsidiary of the company
Board of Directors
Name |
Age |
Title |
Jack S. Abuhoff |
55 |
CEO, President, Chairman |
Haig S. Bagerdjian |
59 |
President and CEO, Point 360 |
Louise C. Forienza |
66 |
Former CEO, Intercontinental Exchange Partners; Chair, Audit Committee |
Stewart R. Massey |
59 |
Partner and Co-Founder, Massey Quick & Co.; Lead Independent Director; Chair, Corporate Committee |
Anthea C. Stratigos |
55 |
CEO and Co-Founder, Outsell Inc. |
Andy S. Zelleke |
55 |
MBA Class of 1962, Senior Lecturer of Business Administration, Harvard Business School |
Noteworthy Control
Name |
Shares of common stock owned |
% of total common shares |
Jack S. Abuhoff |
1,392,629 |
5.4% |
Perritt Capital Management |
1,336,182 |
5.3% |
[All information for NJ Tech Corner was taken from the company’s annual report and proxy statement, with the exception of the company’s stock price and valuation.]