Alarmcom Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
ALRM$65.39+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except share and per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue: | |||
| SaaS and license revenue | $569,200 | $520,377 | $460,372 |
| Hardware and other revenue | 312,482 | 322,182 | 288,597 |
| Total revenue | 881,682 | 842,559 | 748,969 |
| Cost of revenue(1): | |||
| Cost of SaaS and license revenue | 85,898 | 73,897 | 66,758 |
| Cost of hardware and other revenue | 239,261 | 268,684 | 239,141 |
| Total cost of revenue | 325,159 | 342,581 | 305,899 |
| Operating expenses: | |||
| Sales and marketing | 100,226 | 92,748 | 86,664 |
| General and administrative | 112,930 | 106,688 | 87,406 |
| Research and development | 245,114 | 218,635 | 177,713 |
| Amortization and depreciation | 31,424 | 30,870 | 29,715 |
| Total operating expenses | 489,694 | 448,941 | 381,498 |
| Operating income | 66,829 | 51,037 | 61,572 |
| Interest expense | (3,429) | (3,144) | (15,956) |
| Interest income | 29,801 | 8,759 | 587 |
| Other income / (expense), net | 4,624 | (59) | (134) |
| Income before income taxes | 97,825 | 56,593 | 46,069 |
| Provision for / (benefit from) income taxes | 17,485 | 962 | (5,106) |
| Net income | 80,340 | 55,631 | 51,175 |
| Net loss attributable to redeemable noncontrolling interests | 703 | 707 | 1,084 |
| Net income attributable to common stockholders | $81,043 | $56,338 | $52,259 |
| Per share information attributable to common stockholders: | |||
| Net income per share: | |||
| Basic | $1.63 | $1.13 | $1.05 |
| Diluted | $1.53 | $1.07 | $1.01 |
| Weighted average common shares outstanding: | |||
| Basic | 49,818,448 | 49,926,236 | 49,869,857 |
| Diluted | 54,625,434 | 54,932,757 | 51,919,902 |
(1)Exclusive of amortization and depreciation shown in operating expenses below.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.