N-able (NABL) FY2024 results: revenue $466 million, up 10.5% on the year
N-able, Inc. (NABL) reported revenue of $466 million for fiscal 2024, the year ended 31 December 2024, up 10.5% on the year before. Net income was $31 million, up 29.1%, and diluted earnings per share $0.16. The figures are the company's own, from the 10-K it filed with the SEC on 7 March 2025.
Revenue
$466 million
+10.5% on the year
FY2019FY2024
Operating margin
17.6%
16.7% a year earlier
FY2019FY2024
Net income
$31 million
+29.1% on the year
FY2019FY2024
Diluted EPS
$0.16
+23.1% on the year
FY2019FY2024
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
79.4
90.1
71.4
-11.8%
Capital expenditure
17.6
13.8
12.8
+27.5%
Free cash flow
61.9
76.3
58.6
-18.9%
Free cash flow margin
13.3%
18.1%
15.8%
Cash from investing
-122
-22.3
-30.2
Cash from financing
-22.6
-15.2
-10.4
Depreciation and amortisation
25.9
21.7
24.4
+19.5%
Share-based compensation
45.4
43.6
36.5
+4.1%
Diluted shares, weighted
188m
186m
181m
+1.3%
Shares outstanding at period end
188m
183m
181m
+2.4%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
759
711
642
+6.7%
Debt
333
335
337
-0.6%
Operating lease liabilities
30.1
33.1
33.1
-9.1%
Other liabilities
216
83.4
66.7
+159.6%
Total liabilities and equity
1,339
1,163
1,079
+15.1%
Fixed assets
36.6
36.8
37.4
-0.8%
Goodwill
977
838
829
+16.5%
Intangible assets
83.2
6.7
8.9
+1,137.9%
Cash and equivalents
85.2
153
98.8
-44.3%
Receivables
44.5
40.0
34.8
+11.3%
Other assets
112
87.7
70.1
+28.2%
Total assets
1,339
1,163
1,079
+15.1%
10-K for the year ended 31 December 2024, filed 7 March 2025: the filing.