ALRM FY 2017 Earnings Report — Alarm.com Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Alarm.com Holdings, Inc.ALRM

FY 2017 Earnings

Reported February 27, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$339M	—	$261M	—	29.8%
Op. Income	$33M	—	$14M	—	137.4%
Gross Margin	65.7%	—	61.9%	—	3.8pp
Net Margin	8.6%	—	3.9%	—	4.7pp
EPS (Diluted)	$0.59	—	$0.21	—	181.0%
Free Cash Flow	$47M	—	$7M	—	582.6%

Revenue Flow

Item	Amount
REVENUE	$339M
Cost of Revenue	$116M
GROSS PROFIT	$223M
R&D Expenses	$73M
Selling & Marketing	$43M
General & Administrative	$55M
SG&A Expenses	$99M
Other Expenses	$0
Operating Expenses	$189M
Cost & Expenses	$306M
OPERATING INCOME	$33M
Interest Income	$1M
Interest Expense	$2M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$32M
Income Tax Expense	$3M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$0
Other Adjustments	-$13.0K
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$19M
EBIT	$34M
EBITDA	$53M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$339M
Cost of Revenue	$116M
GROSS PROFIT	$223M
R&D Expenses	$73M
Selling & Marketing	$43M
General & Administrative	$55M
SG&A Expenses	$99M
Other Expenses	$0
Operating Expenses	$189M
Cost & Expenses	$306M
OPERATING INCOME	$33M
Interest Income	$1M
Interest Expense	$2M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$32M
Income Tax Expense	$3M
Net Income from Continuing Ops	$29M
Net Income from Discontinued Ops	$0
Other Adjustments	-$13.0K
NET INCOME	$29M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$29M
D&A	$19M
EBIT	$34M
EBITDA	$53M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$29M
Depreciation & Amortization	$19M
Stock-Based Compensation	$7M
Deferred Income Tax	$2M
Other Non-Cash Items	$4M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$57M
Capital Expenditure	-$10M
Acquisitions (Net)	-$154M
Purchases of Investments	-$42.0K
Sales/Maturities of Investments	$0
Other Investing Activities	-$4M
NET CASH FROM INVESTING	-$169M
Net Debt Issuance	$64M
Common Stock Repurchased	-$9.0K
Common Dividends Paid	$0
Other Financing Activities	$3M
NET CASH FROM FINANCING	$67M
FREE CASH FLOW	$47M
Net Change in Cash	-$44M

Balance Sheet

Item	Amount
Cash & Equivalents	$96M
Short-Term Investments	$0
Net Receivables	$41M
Inventory	$14M
Other Current Assets	$13M
TOTAL CURRENT ASSETS	$164M
PP&E (Net)	$23M
Goodwill	$64M
Intangible Assets	$94M
Long-Term Investments	$0
Tax Assets	$18M
Other Non-Current Assets	$8M
TOTAL NON-CURRENT ASSETS	$208M
TOTAL ASSETS	$372M
Account Payables	$17M
Short-Term Debt	$0
Deferred Revenue	$3M
Other Current Liabilities	$20M
TOTAL CURRENT LIABILITIES	$45M
Long-Term Debt	$71M
Deferred Revenue NC	$9M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$14M
TOTAL NON-CURRENT LIABILITIES	$94M
TOTAL LIABILITIES	$139M
Common Stock	$472.0K
Additional Paid-In Capital	$321M
Retained Earnings	-$89M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$233M
Minority Interest	$0
TOTAL EQUITY	$233M
TOTAL LIABILITIES & EQUITY	$372M
Total Debt	$71M
Net Debt	-$25M