Alarm.com Holdings Inc (OQ:ALRM)

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 8281 Greensboro Dr Ste 100, Tysons
FAIRFAX VA 22102-5211
Tel: N/A
Website: https://www.alarm.com
IR: See website
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Key People
Stephen S. Trundle
Chief Executive Officer, Director
Steve Valenzuela
Chief Financial Officer
Jeffrey Allan Bedell
President, Ventures Business and Corporate Strategy
Daniel Kerzner
President, Platforms Business
Daniel Ramos
Chief Legal and Compliance Officer, Senior Vice President, Corporate Operations
 
Business Overview
Alarm.com Holdings, Inc. is focused on providing a platform for the intelligently connected property. The Company's cloud-based platform offers Internet of Things (IoT) solutions across residential, multi-family, small business and enterprise commercial markets. The Company operates through two segments Alarm.com and Other. The Alarm.com segment represents its cloud-based and Software platforms for the intelligently connected property and related solutions. The Other segment is focused on researching, developing and offering residential and commercial automation solutions and energy management products and services in adjacent markets. The Company's platform integrates with a range of Internet of things devices through its apps and interfaces. Its solutions include security, video and video analytics, energy management, access control, electric utility grid management, indoor gunshot detection, water management, health and wellness and data-rich emergency response.
Financial Overview
For the fiscal year ended 31 December 2023, Alarm.com Holdings Inc revenues increased 5% to $881.7M. Net income increased 44% to $81M. Revenues reflect Alarm.Com segment increase of 4% to $824.5M, Other segment increase of 19% to $61M. Net income benefited from Alarm.Com segment income increase of 12% to $74.6M, Other segment loss decrease of 25% to $12.2M, Intersegment Alarm.com income increase from $417K to $4M.
Employees: 1,989 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,006M as of Dec 31, 2023
Annual revenue (TTM): $881.68M as of Dec 31, 2023
EBITDA (TTM): $107.92M as of Dec 31, 2023
Net annual income (TTM): $81.04M as of Dec 31, 2023
Free cash flow (TTM): $121.79M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 49,945,156 as of Feb 15, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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