Sector: Consumer Cyclicals | Industry: Computer & Electronics Retailers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2200 Faraday Ave., Suite 150 CARLSBAD CA 92008 |
Tel: | N/A |
Website: | https://www.arlo.com/en-us |
IR: | See website |
Key People | ||
Matthew B. Mcrae Chief Executive Officer, Director | Kurtis Joseph Binder Chief Financial Officer, Chief Operating Officer | Brian Busse General Counsel, Corporate Secretary |
Business Overview |
Arlo Technologies, Inc. offers advanced home, business, and personal security services that combine a globally scaled cloud platform, advanced monitoring and analytics capabilities, and app-controlled devices to create a personalized security ecosystem. Its expertise in cloud services, cutting-edge artificial intelligence (AI) and computer vision analytics, wireless connectivity and intuitive user experience design delivers seamless, smart home security for its users. Its cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter, from any location with a wireless fidelity or a cellular connection. Its products include Arlo Essential Cameras and Doorbells; Arlo Home Security System; Arlo Pro 5S; Arlo Go 2; Arlo Ultra 2; Arlo Floodlight Camera, and others. Its services, such as Arlo Secure, Arlo Total Security, Arlo Safe, and other services. |
Financial Overview |
For the fiscal year ended 31 December 2023, Arlo Technologies Inc revenues increased less than 1% to $491.2M. Net loss decreased 61% to $22M. Revenues reflect United States (U.S.) segment increase of 9% to $299.4M. Lower net loss reflects Sales and marketing - Balancing value decrease of 6% to $60.2M (expense), Interest income (expense) Net increase from $926K to $3.9M (income). |
Employees: | 363 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $869.45M as of Dec 31, 2023 |
Annual revenue (TTM): | $491.18M as of Dec 31, 2023 |
EBITDA (TTM): | -$18.84M as of Dec 31, 2023 |
Net annual income (TTM): | -$22.04M as of Dec 31, 2023 |
Free cash flow (TTM): | $35.46M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 96,171,157 as of Feb 23, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |