Alarm.com Holdings (ALRM) FY2017 results: revenue $339 million, up 29.8% on the year
Alarm.com Holdings, Inc. (ALRM) reported revenue of $339 million for fiscal 2017, the year ended 31 December 2017, up 29.8% on the year before. Net income was $29 million, up 188.1%, and diluted earnings per share $0.59. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2019.
Revenue
$339 million
+29.8% on the year
FY2013FY2017
Operating margin
9.8%
5.4% a year earlier
FY2013FY2017
Net income
$29 million
+188.1% on the year
FY2013FY2017
Diluted EPS
$0.59
+181.0% on the year
FY2013FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
339
261
209
+29.8%
Cost of revenue
116
99.4
77.4
+16.9%
Gross profit
223
162
132
+37.7%
Gross margin
65.7%
61.9%
63.0%
Research and development
72.8
44.3
40.0
+64.3%
Operating income
33.4
14.1
18.0
+137.4%
Operating margin
9.8%
5.4%
8.6%
Pre-tax income
32.2
14.4
17.5
+124.2%
Income tax
3.0
4.2
5.7
-29.3%
Effective tax rate
9.3%
29.4%
32.6%
Net income
29.3
10.2
11.8
+188.1%
Net margin
8.6%
3.9%
5.6%
Diluted EPS
$0.59
$0.21
-$0.30
+181.0%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
57.2
22.6
28.0
+153.0%
Capital expenditure
10.5
9.1
10.3
+15.6%
Free cash flow
46.7
13.5
17.7
+244.9%
Free cash flow margin
13.8%
5.2%
8.5%
Cash from investing
-169
-11.4
-17.6
Cash from financing
67.3
1.1
75.4
+6,007.4%
Depreciation and amortisation
17.7
6.5
5.8
+173.3%
Share-based compensation
7.4
4.0
3.3
+85.3%
Buybacks
0.0
0.0
0.0
-18.2%
Dividends paid
0.0
0.0
1.0
Dividend per share
$0.00
$0.00
$0.36
Diluted shares, weighted
49m
48m
24m
+2.7%
Shares outstanding at period end
47m
46m
45m
+2.3%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
233
191
170
+21.7%
Redeemable equity
0.0
n/a
n/a
Debt
71.0
6.7
6.7
+959.7%
Other liabilities
67.8
63.3
49.3
+7.1%
Total liabilities and equity
372
261
226
+42.3%
Fixed assets
23.5
20.2
15.4
+16.2%
Goodwill
63.6
24.7
24.7
+157.2%
Intangible assets
94.3
4.6
6.3
+1,964.1%
Cash and equivalents
96.3
141
128
-31.5%
Receivables
40.6
29.8
21.3
+36.3%
Inventory
14.2
10.5
6.5
+34.5%
Other assets
39.2
30.8
23.4
+27.2%
Total assets
372
261
226
+42.3%
10-K for the year ended 31 December 2017, filed 1 March 2019: the filing.