Alarm.com Holdings, Inc. (ALRM)

Alarm.com Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	923.82	881.68	842.56	748.97	618	502.36
Revenue Growth (YoY)	6.98%	4.64%	12.50%	21.19%	23.02%	19.47%
Cost of Revenue	323.76	325.16	342.58	305.9	227.43	183.6
Gross Profit	600.06	556.52	499.98	443.07	390.58	318.76
Selling, General & Admin	210.3	203.49	186.94	161.58	142.89	116.62
Research & Development	255.18	245.11	218.64	177.71	152.15	114.44
Operating Expenses	495.45	480.03	436.44	369.01	322.56	253.19
Operating Income	104.61	76.49	63.54	74.06	68.02	65.57
Interest Expense	-7.91	-3.43	-3.14	-15.96	-2.6	-2.97
Interest & Investment Income	42.49	29.8	8.76	0.59	0.87	4.92
Other Non Operating Income (Expenses)	4.17	4.62	-0.2	0.14	0.18	-0.4
EBT Excluding Unusual Items	143.37	107.49	68.95	58.83	66.47	67.12
Merger & Restructuring Charges	-0.08	-0.55	-1.06	-0.03	-5.33	-2.6
Gain (Loss) on Sale of Investments	-	-	0.14	-	25.41	-
Asset Writedown	-	-	-	-0.09	-	-
Legal Settlements	-1.09	-9.04	-11.44	-12.46	-8.99	-12.75
Other Unusual Items	-0.07	-0.07	-	-0.19	2.6	7.13
Pretax Income	142.13	97.83	56.59	46.07	80.16	58.9
Income Tax Expense	18.58	17.49	0.96	-5.11	3.5	5.57
Earnings From Continuing Operations	123.55	80.34	55.63	51.18	76.66	53.33
Minority Interest in Earnings	1.54	0.7	0.71	1.08	1.19	0.2
Net Income	125.09	81.04	56.34	52.26	77.85	53.53
Net Income to Common	125.09	81.04	56.34	52.26	77.85	53.53
Net Income Growth	84.44%	43.85%	7.81%	-32.87%	45.44%	148.70%
Shares Outstanding (Basic)	50	50	50	50	49	48
Shares Outstanding (Diluted)	57	55	55	52	51	50
Shares Change (YoY)	3.59%	-0.56%	5.80%	1.88%	1.37%	1.17%
EPS (Basic)	2.51	1.63	1.13	1.05	1.59	1.11
EPS (Diluted)	2.31	1.53	1.07	1.01	1.53	1.06
EPS Growth	80.16%	42.92%	5.78%	-33.99%	44.34%	146.51%
Free Cash Flow	179.99	128.45	28.26	92.1	85.94	27.79
Free Cash Flow Per Share	3.18	2.35	0.51	1.77	1.69	0.55
Gross Margin	64.95%	63.12%	59.34%	59.16%	63.20%	63.45%
Operating Margin	11.32%	8.68%	7.54%	9.89%	11.01%	13.05%
Profit Margin	13.54%	9.19%	6.69%	6.98%	12.60%	10.66%
Free Cash Flow Margin	19.48%	14.57%	3.35%	12.30%	13.91%	5.53%
EBITDA	121.43	101.17	89.23	103.02	94.02	85.06
EBITDA Margin	13.14%	11.47%	10.59%	13.75%	15.21%	16.93%
D&A For EBITDA	16.82	24.67	25.69	28.96	26	19.49
EBIT	104.61	76.49	63.54	74.06	68.02	65.57
EBIT Margin	11.32%	8.68%	7.54%	9.89%	11.01%	13.05%
Effective Tax Rate	13.07%	17.87%	1.70%	-	4.37%	9.45%
Revenue as Reported	923.82	881.68	842.56	748.97	618	502.36
Advertising Expenses	-	2.9	6.1	9.6	11.9	7.5

Source: S&P Capital IQ. Standard template. Financial Sources.