Description

JAMF Holdings: International Expansion Powering Our Bullishness!

Jamf, a leading software company specializing in Apple device management and security solutions, reported strong third-quarter 2024 results, surpassing revenue and non-GAAP operating income expectations. The company’s year-over-year revenue growth reached 12%, with subscription revenue comprising a dominant 98% of total revenue. Non-GAAP operating income rose significantly to $27.7 million, reflecting a margin improvement from 9% to 17%. The company achieved a 12% growth in annual recurring revenue (ARR), reaching $635 million, driven by strong performance in its commercial sector and heightened demand for security solutions. The security segment, a key growth driver, surpassed $150 million in ARR, growing at a robust 26%. Jamf’s platform now supports 33.9 million devices and 76,000 customers, although reported numbers adjusted for a recent comprehensive systems update.

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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