earnings
confidence high
sentiment positive
materiality 0.85
Alarm.com Q4 SaaS revenue up 11.7% to $165.7M; CFO to retire June 2025; acquires 81% of CHeKT
Alarm.com Holdings, Inc.
2024-FY EPS reported
$2.29
revenue$939,827,000
- Q4 SaaS & license revenue $165.7M (+11.7% YoY); total revenue $242.2M (+7.1%); GAAP net income $30.1M.
- Full-year 2024 SaaS revenue $631.2M (+10.9%); non-GAAP adjusted EBITDA $176.2M vs $154.0M in 2023.
- Guidance: FY2025 SaaS revenue $671.2-671.8M; total revenue $978.2-980.8M; non-GAAP adj. EBITDA $188-192M.
- CFO Steve Valenzuela to retire effective June 2, 2025; departure not due to any disagreement.
- Acquired 81% of CHeKT on Feb 10, 2025, expanding remote video monitoring capabilities.