Sector: Technology | Industry: IT Services & Consulting |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 1055 Dunsmuir Street, Suite 1400 VANCOUVER BC V7X 1K8 |
Tel: | 1-212-8686760 |
Website: | https://www.absolute.com |
IR: | See website |
Key People | ||
Christy May Wyatt President, Chief Executive Officer, Director | Steven H. Gatoff Chief Financial Officer | Mark Grace Executive Vice President, Channel & Revenue Operations |
William Morris Executive Vice President - Product Development | Maninder Malli Senior Vice President, Legal & Corporate Secretary | Edward Choi Senior Vice President - Global Alliances |
Nicholas Van Someren Chief Technology Officer | Dianne Lapierre Chief Information Officer | Matthew Schoenfeld Chief Revenue Officer |
Business Overview |
Absolute Software Corporation is a Canada-based software company. The Company is engaged in the development, marketing, and provision of software services that support the management and security of computing devices, applications, data, and networks for a variety of organizations in various global territories. Its Absolute platform is a cloud-based endpoint visibility and control solution that allows users to see all their devices and applications, secure their data, and prove compliance. Its solutions are offered in specific versions for the enterprise and government, and education verticals. Its products include Absolute Visibility, Absolute Control and Absolute Resilience. Its NetMotion offers a network-centric security platform, combining enterprise virtual private network (VPN), Zero-Trust Network Access (ZTNA), and Digital Experience Monitoring (DEM) on a unified platform for enterprises with a distributed workforce. |
Financial Overview |
For the nine months ended 31 March 2022, Absolute Software Corp revenues increased 63% to $144.8M. Net loss totaled $19.1M vs. income of $6.7M. Revenues reflect Cloud services segment increase of 66% to $137.5M, Professional services segment increase from $138K to $1.1M, United States segment increase of 51% to $112.5M, Rest Of World segment increase from $12.9M to $29.7M. Dividend per share remained flat at $0.19. |
Employees: | 535 as of Jun 30, 2021 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $412.89M as of Mar 31, 2022 |
Annual revenue (TTM): | $227.55M as of Mar 31, 2022 |
EBITDA (TTM): | $26.38M as of Mar 31, 2022 |
Net annual income (TTM): | -$28.55M as of Mar 31, 2022 |
Free cash flow (TTM): | $37.30M as of Mar 31, 2022 |
Net Debt Last Fiscal Year: | $269.57M as of Mar 31, 2022 |
Shares outstanding: | 51,038,332 as of Apr 20, 2022 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |