Absolute Software Corporation (T:ABST)
Business Focus: IT Services & Consulting (NEC)
| 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 | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
US Quotes Data provided by IEX. Company fundamental and price data sourced from © Refinitiv. Click for restrictions. © Refinitiv. All rights reserved. Republication or redistribution of Refinitiv, including by framing or similar means, is prohibited without the prior written consent of Refinitiv. Refinitiv is not liable for any errors or delays in Refinitiv content, or for any actions taken in reliance on such content.
Interactive technical study charts by TradingView. Copyright © 2022 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.