Alarm.com Holdings Inc. ( (ALRM) ) has released its Q1 earnings. Here is a breakdown of the information Alarm.com Holdings Inc. presented to its investors.
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Alarm.com Holdings, Inc. is a leading technology company specializing in the development of platforms for intelligently connected properties, offering solutions in security, video, access control, intelligent automation, energy management, and wellness through a global network of service providers.
In its first quarter of 2025, Alarm.com reported a solid financial performance with significant increases in revenue and net income, alongside strategic product expansions and partnerships.
The company achieved a 9% increase in SaaS and license revenue, reaching $163.8 million, and a 7% rise in total revenue to $238.8 million. GAAP net income saw an 18.4% increase to $27.7 million, while non-GAAP adjusted EBITDA rose by 17.5% to $43.5 million. Alarm.com also expanded its video product lineup and launched new AI-powered video monitoring capabilities. Additionally, its subsidiary EnergyHub announced a partnership with General Motors to integrate electric vehicles into utility programs.
Despite a decrease in cash flow from operating activities to $24.1 million, the company’s strategic initiatives and financial outlook remain positive. Alarm.com projects SaaS and license revenue to continue growing in the second quarter and throughout 2025, with total revenue expected to reach up to $991.2 million for the year.
Looking ahead, Alarm.com remains focused on leveraging its technological innovations and strategic partnerships to drive growth and enhance its market position, as indicated by the management’s optimistic financial guidance for the remainder of the year.