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Alarm.com Holdings Inc. (NASDAQ: ALRM) is a leading provider of cloud-based solutions that empower homeowners, businesses, and enterprises to monitor, secure, and automate their properties. Operating at the intersection of Internet of Things (IoT), security, and energy management, Alarm.com’s platform integrates intelligent automation with advanced remote monitoring capabilities to address a wide range of market needs.
Core Business and Platform Overview
At its core, Alarm.com offers a cloud-based software platform that connects and manages a growing ecosystem of IoT devices. The platform enables users to remotely control security systems, video cameras, lighting, thermostats, and other connected devices through a single application. This seamless integration enhances property security, energy efficiency, and convenience for its customers.
The company’s business model is primarily subscription-based, with recurring revenue streams derived from its partnerships with a global network of professional service providers. These providers install and maintain Alarm.com’s solutions, ensuring high-quality service delivery and customer satisfaction.
Business Segments
Alarm.com operates through two primary segments:
- Alarm.com Segment: This segment encompasses the company’s core cloud-based platform and related solutions for intelligently connected properties. It includes offerings such as security systems, video monitoring, and intelligent automation.
- Other Segment: Focused on adjacent markets, this segment drives innovation in residential and commercial automation, energy management, and advanced IoT solutions. It supports the development of new technologies that complement the core platform.
Market Position and Competitive Landscape
Alarm.com is a significant player in the IoT and smart home ecosystem, addressing the needs of residential, multi-family, small business, and enterprise markets. Its competitive edge lies in its robust platform architecture, extensive device compatibility, and strong network of professional service providers. By delivering a unified experience across multiple devices and applications, Alarm.com differentiates itself from competitors in the fragmented IoT market.
Growth Opportunities
With the growing adoption of smart home technology and the increasing importance of energy efficiency, Alarm.com is well-positioned to capitalize on these trends. Its focus on innovation, coupled with its ability to adapt to evolving customer needs, ensures continued relevance in a dynamic industry. The company’s expansion into adjacent markets such as energy management further underscores its commitment to long-term growth and sustainability.
Commitment to Innovation and Sustainability
Alarm.com is dedicated to advancing technology that enhances safety, security, and energy efficiency. Its solutions not only provide peace of mind to customers but also contribute to a more sustainable future by optimizing energy consumption and reducing environmental impact.
Overall, Alarm.com Holdings Inc. represents a compelling example of how technology can transform the way people interact with their properties. By combining expertise in IoT, security, and automation, the company continues to shape the future of connected living.
Alarm.com highlights the growing trend of home ownership with tips for protecting investments in the home. Recent data shows first-time home buyers increased to 34% between July 2020 and June 2021. The company outlines 12 essential items for homeowners, emphasizing smart home technologies like security systems and thermostats to enhance safety and efficiency. Alarm.com's solutions include smarter locks, video surveillance, and connected smoke alarms to ensure comprehensive protection. As the leading platform in connected property management, Alarm.com continues to support millions of consumers and businesses with innovative IoT technologies.
Alarm.com Holdings, traded as ALRM on Nasdaq, announces that
Alarm.com Holdings, Inc. (Nasdaq: ALRM) has announced participation in several investor conferences, with
- Needham Technology & Media Conference on
May 18, 2022 - J.P. Morgan Global Technology, Media and Communications Conference on
May 23-24, 2022 - William Blair Growth Stock Conference on
June 6-7, 2022
Alarm.com is a leader in property management technology, integrating with various IoT devices for comprehensive solutions.
Alarm.com Holdings reported a 19.1% increase in total revenue, reaching $205.4 million for Q1 2022, and a 14.8% rise in SaaS and license revenue to $123.2 million. However, GAAP net income dropped to $9.1 million, down from $14.8 million in Q1 2021, due to increased shipping and inventory costs. Non-GAAP adjusted EBITDA also fell to $29.9 million from $35.6 million. The company expects Q2 SaaS and license revenue between $126.2 million and $126.4 million, and total revenue guidance for 2022 has been increased to $822.7 million to $853.3 million.
PointCentral, a subsidiary of Alarm.com (NASDAQ: ALRM), has announced its integration with CheckpointID to enhance security in self-guided tours for multifamily properties. This partnership allows for automated image-based government ID verification, enabling swift vetting of prospective residents. Once a government ID image and a selfie are uploaded, verification is completed within seconds, ensuring a secure tour booking process. This development addresses increasing safety concerns among property managers and investors, bolstering confidence in self-guided tours.
EnergyHub announced the inclusion of the Amazon Smart Thermostat in its partner ecosystem, enhancing demand response programs for over 60 utility clients. This initiative aims to support utilities in reaching decarbonization goals and improving consumer choices. The Amazon Smart Thermostat, priced at $59.99, is ENERGY STAR certified and integrates with Alexa. The program fosters increased consumer enrollment in energy-saving initiatives, helping utilities manage energy loads during peak periods.
Alarm.com Holdings, Inc. (Nasdaq: ALRM) will release its 2022 first quarter financial results on
PointCentral, a subsidiary of Alarm.com (NASDAQ: ALRM), has launched a new Smart Noise Monitor aimed at short-term rental managers. This device helps monitor noise levels, alerting property owners before issues arise with noisy renters. According to a 2021 Property Management Insights Report, 86% of surveyed managers recognize the value of such technology, yet many have not yet implemented it. The noise monitor integrates seamlessly with PointCentral's platform, allowing for efficient management across multiple properties.
Alarm.com Holdings, Inc. (Nasdaq: ALRM) announced that CFO Steve Valenzuela will attend the Raymond James 43rd Annual Institutional Investors Conference in Orlando, Florida. The event is set for Monday, March 7, 2022, with Valenzuela's presentation scheduled at 9:15 a.m. ET. Alarm.com is a leading platform for connected properties, utilizing IoT technology for security, video, and energy management solutions. Their services are trusted by millions of consumers and businesses globally, available through a network of professional service providers.
Alarm.com, listed on NASDAQ as ALRM, has launched a new line of commercial-grade Power Over Ethernet (PoE) cameras designed for various business applications. The Pro Series cameras come in four models, including 1080p and 4MP options, and feature Business Activity Analytics software for enhanced operational insights. These cameras offer capabilities like occupancy tracking and queue monitoring, and are NDAA compliant. The launch coincides with the ISC West show in Las Vegas from March 23-25, 2022.
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