Arlo Technologies (ARLO) FY2024 results: revenue $511 million, up 4.0% on the year
Arlo Technologies, Inc. (ARLO) reported revenue of $511 million for fiscal 2024, the year ended 31 December 2024, up 4.0% on the year before. Net income was -$31 million, and diluted earnings per share $-0.31. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$511 million
+4.0% on the year
FY2017FY2024
Operating margin
-6.8%
-5.1% a year earlier
FY2017FY2024
Net income
-$31 million
FY2017FY2024
Diluted EPS
-$0.31
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ 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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
51.3
38.3
-46.0
+34.0%
Capital expenditure
2.7
2.8
2.0
-5.6%
Free cash flow
48.6
35.5
-48.0
+37.1%
Free cash flow margin
9.5%
7.2%
-9.8%
Cash from investing
10.8
-50.7
-31.8
Cash from financing
-40.8
-15.1
-13.9
Depreciation and amortisation
3.2
4.7
4.8
-31.3%
Share-based compensation
68.7
47.9
48.5
+43.2%
Buybacks
4.4
0.0
0.0
Diluted shares, weighted
99m
93m
87m
+6.3%
Shares outstanding at period end
101m
95m
89m
+5.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
101
103
87.7
-2.3%
Debt
0.0
0.0
0.0
Operating lease liabilities
18.4
17.0
19.3
+7.8%
Other liabilities
179
165
165
+8.4%
Total liabilities and equity
298
286
272
+4.5%
Fixed assets
4.8
4.8
7.3
+0.1%
Goodwill
11.0
11.0
11.0
0.0%
Securities held for sale or to maturity
69.4
80.0
29.7
-13.2%
Cash and equivalents
82.0
56.5
84.0
+45.1%
Receivables
57.3
65.4
66.0
-12.3%
Inventory
40.6
38.4
46.6
+5.8%
Other assets
33.2
29.5
27.6
+12.6%
Total assets
298
286
272
+4.5%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.