Alarm.com Holdings, Inc. (ALRM) financial statements (2023 and earlier)
Company profile
| Business Address |
8281 GREENSBORO DRIVE TYSONS, VA 22102 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 711 | 253 | 120 | 146 | 96 | 141 | 128 | ||
| Cash and cash equivalents | 711 | 253 | 120 | 146 | 96 | 141 | 128 | ||
| Receivables | 106 | 83 | 76 | 50 | 41 | 30 | 21 | ||
| Inventory, net of allowances, customer advances and progress billings | 75 | 44 | 34 | 23 | 14 | 11 | 6 | ||
| Inventory | 75 | 44 | 34 | 23 | 14 | 11 | 6 | ||
| Other current assets | 26 | 16 | 14 | 10 | 13 | 9 | 5 | ||
| Total current assets: | 918 | 397 | 244 | 228 | 164 | 190 | 161 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 30 | 33 | 31 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 42 | 45 | 39 | 28 | 23 | 20 | 15 | ||
| Intangible assets, net (including goodwill) | 204 | 216 | 208 | 143 | 158 | 29 | 31 | ||
| Goodwill | 113 | 113 | 105 | 64 | 64 | 25 | 25 | ||
| Intangible assets, net (excluding goodwill) | 91 | 103 | 103 | 79 | 94 | 5 | 6 | ||
| Deferred income tax assets | 14 | 22 | 19 | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 24 | 18 | 18 | 14 | 8 | 5 | 7 | ||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 18 | 17 | 12 | |||
| Other undisclosed noncurrent assets | 29 | ||||||||
| Total noncurrent assets: | 314 | 334 | 314 | 213 | 208 | 71 | 65 | ||
| TOTAL ASSETS: | 1,232 | 732 | 558 | 441 | 372 | 261 | 226 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 108 | 72 | 59 | 68 | 33 | 32 | 25 | ||
| Accounts payable | 65 | 38 | 33 | 20 | 17 | 18 | 13 | ||
| Accrued liabilities | 20 | 11 | 10 | 35 | 4 | 5 | 4 | ||
| Employee-related liabilities | 23 | 22 | 16 | 13 | 12 | 9 | 8 | ||
| Deferred revenue | 6 | 4 | 3 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 8 | ||||||||
| Deferred compensation liability | 0 | 0 | 3 | 3 | |||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 3 | 3 | 2 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 3 | ✕ | ✕ | ✕ | ||
| Other liabilities | 5 | 4 | 6 | 3 | 5 | 2 | 2 | ||
| Other undisclosed current liabilities | 10 | 10 | |||||||
| Total current liabilities: | 129 | 90 | 76 | 75 | 45 | 40 | 29 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 458 | 148 | 100 | 67 | 71 | 7 | 7 | ||
| Long-term debt, excluding current maturities | 425 | 110 | 63 | 67 | 71 | 7 | 7 | ||
| Operating lease, liability | 33 | 38 | 37 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 19 | 15 | 15 | 21 | 23 | 24 | 20 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 9 | 10 | 10 | ||
| Deferred revenue | 9 | 8 | 7 | ✕ | ✕ | ✕ | ✕ | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 8 | ✕ | ✕ | ✕ | ||
| Other liabilities | 10 | 7 | 7 | 13 | 14 | 14 | 10 | ||
| Total noncurrent liabilities: | 477 | 163 | 115 | 88 | 94 | 30 | 27 | ||
| Total liabilities: | 606 | 253 | 191 | 163 | 139 | 70 | 56 | ||
| Temporary equity, carrying amount | 13 | 11 | 11 | ||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 613 | 468 | 356 | 278 | 233 | 191 | 170 | ||
| Common stock | 1 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (5) | (5) | (0) | ||||||
| Additional paid in capital | 499 | 406 | 366 | 341 | 321 | 309 | 298 | ||
| Retained earnings (accumulated deficit) | 119 | 67 | (10) | (64) | (89) | (118) | (128) | ||
| Total stockholders' equity: | 613 | 468 | 356 | 278 | 233 | 191 | 170 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,232 | 732 | 558 | 441 | 372 | 261 | 226 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 749 | 618 | 502 | 420 | 339 | 261 | 209 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 339 | 261 | 209 | |
| Cost of revenue (Cost of Goods and Services Sold) | (306) | (227) | (184) | (146) | (116) | (99) | (77) | |
| Gross profit: | 443 | 391 | 319 | 275 | 223 | 162 | 132 | |
| Operating expenses | (381) | (334) | (268) | (263) | (189) | (148) | (114) | |
| Operating income: | 62 | 56 | 50 | 12 | 33 | 14 | 18 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (0) | 26 | 7 | 2 | 1 | 1 | (0) | |
| Interest and debt expense | (16) | (3) | (3) | (3) | (2) | (0) | (0) | |
| Income from continuing operations before equity method investments, income taxes: | 45 | 79 | 54 | 12 | 32 | 14 | 17 | |
| Other undisclosed income from continuing operations before income taxes | 1 | 1 | 5 | |||||
| Income from continuing operations before income taxes: | 46 | 80 | 59 | 12 | 32 | 14 | 17 | |
| Income tax expense (benefit) | 5 | (4) | (6) | 10 | (3) | (4) | (6) | |
| Net income: | 51 | 77 | 53 | 22 | 29 | 10 | 12 | |
| Net income attributable to noncontrolling interest | 1 | 1 | 0 | |||||
| Net income attributable to parent: | 52 | 78 | 54 | 22 | 29 | 10 | 12 | |
| Preferred stock dividends and other adjustments | (19) | |||||||
| Undistributed earnings (loss) allocated to participating securities, basic | (0) | (0) | ✕ | ✕ | ||||
| Other undisclosed net loss available to common stockholders, basic | (0) | |||||||
| Net income (loss) available to common stockholders, diluted: | 52 | 78 | 54 | 22 | 29 | 10 | (7) | |
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 51 | 77 | 53 | 22 | 29 | 10 | 12 | |
| Comprehensive income, net of tax, attributable to parent: | 51 | 77 | 53 | 22 | 29 | 10 | 12 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.