Description

Alarm.com Holdings: Strong SaaS & License Revenue Growth Indicating an Upward Trajectory!

Alarm.com Holdings, Inc. recently reported its financial outcomes for the fourth quarter and full year of 2024. The company, which provides security and smart home solutions, showed strong performance and delivered results above expectations. In the fourth quarter, Alarm.com recorded SaaS and license revenue of $165.7 million, marking an 11.7% rise year-over-year. This growth was particularly fueled by its innovations like the Pro Thermostat HQ, which doesn’t require a WiFi connection, appealing to builders and property managers. Meanwhile, adjusted EBITDA reached $46.4 million, showcasing an increase over the prior year. For the entire year, SaaS and license revenue amounted to $631.2 million, reflecting a 10.9% rise from 2023. The company’s revenue retention rate was robust at 95%, surpassing historical trends due to stable consumer demand and higher customer engagement, albeit against a backdrop of subdued residential mobility in the real estate market.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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