Description
Rapid7, Inc.: Sales & Productivity Enhancements To Drive Higher Annual Recurring Revenue But Will This Last?
Rapid7, Inc. recently presented its financial results, highlighting various aspects of its business trajectory in 2024 and beyond. The company closed 2024 with an annual recurring revenue (ARR) of $840 million, reflecting a 4% increase from the previous year, in line with expectations. Despite this growth, it’s notable that a significant portion of this expansion is driven by its detection and response (D&R) business, which exceeded $400 million in ARR and achieved double-digit growth. Meanwhile, the overall customer base grew 2% to over 11,700 customers globally, with ARR per customer increasing to approximately $72,000.
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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