Alarmcom Holdings Inc
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 8, 2024
ALRM$65.86+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(in thousands, except share and per share data)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| SaaS and license revenue | $155,927 | $140,432 | $306,271 | $275,826 |
| Hardware and other revenue | 77,880 | 83,443 | 150,819 | 157,765 |
| Total revenue | 233,807 | 223,875 | 457,090 | 433,591 |
| Cost of revenue(1): | ||||
| Cost of SaaS and license revenue | 22,094 | 21,576 | 42,522 | 41,159 |
| Cost of hardware and other revenue | 59,188 | 64,791 | 115,275 | 121,380 |
| Total cost of revenue | 81,282 | 86,367 | 157,797 | 162,539 |
| Operating expenses: | ||||
| Sales and marketing | 27,837 | 23,772 | 53,291 | 50,417 |
| General and administrative | 26,104 | 28,799 | 55,400 | 57,298 |
| Research and development | 65,730 | 60,918 | 131,686 | 122,826 |
| Amortization and depreciation | 7,080 | 7,860 | 14,417 | 15,533 |
| Total operating expenses | 126,751 | 121,349 | 254,794 | 246,074 |
| Operating income | 25,774 | 16,159 | 44,499 | 24,978 |
| Interest expense | (1,968) | (827) | (2,764) | (1,695) |
| Interest income | 10,856 | 7,417 | 19,396 | 12,599 |
| Other expense, net | (1,258) | (631) | (1,576) | (779) |
| Income before income taxes | 33,404 | 22,118 | 59,555 | 35,103 |
| Provision for income taxes | 884 | 6,507 | 3,631 | 5,285 |
| Net income | 32,520 | 15,611 | 55,924 | 29,818 |
| Net loss attributable to redeemable noncontrolling interests | 991 | 188 | 1,182 | 397 |
| Net income attributable to common stockholders | $33,511 | $15,799 | $57,106 | $30,215 |
| Per share information attributable to common stockholders: | ||||
| Net income per share: | ||||
| Basic | $0.67 | $0.32 | $1.14 | $0.61 |
| Diluted | $0.62 | $0.30 | $1.06 | $0.58 |
| Weighted average common shares outstanding: | ||||
| Basic | 49,832,503 | 49,859,615 | 49,897,884 | 49,723,012 |
| Diluted | 56,680,355 | 54,446,275 | 55,868,047 | 54,423,047 |
(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.