MINNEAPOLIS, April 15, 2025 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced today it will report first quarter 2025 financial results for the period ended March 31, 2025, following the close of the market on Tuesday, May 6, 2025. On that day, management will host a conference call and webcast at 3:30 p.m. CT (4:30 p.m. ET) to discuss the company’s business and financial results. Jamf First Quarter 2025 Earnings Conference Call When: Tuesday, May 6, 202 ...

He also leads the investing group IPO Edge , which offers actionable information on growth stocks through first-look IPO filings, previews on upcoming IPOs, an IPO calendar for tracking what’s on the horizon, a database of U.S. IPOs, and a guide to IPO investing to walk you through the entire IPO lifecycle - from filing to listing to quiet period and lockup expiration dates.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to init ...

MINNEAPOLIS, April 01, 2025 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced it has completed the acquisition of Identity Automation, a dynamic identity and access management (IAM) platform for industries that are defined by frequent role adjustments, such as education and healthcare. By acquiring Identity Automation, Jamf gains almost 90 employees, as well as a key product differentiator: dynamic identity management. In K-12 education and other m ...

MINNEAPOLIS, March 25, 2025 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, has been honored by CRN®, a brand of The Channel Company, with a 5-Star Award in the 2025 CRN Partner Program Guide. This annual guide is an essential resource for solution providers seeking vendor partner programs that match their business goals and deliver high partner value. The extensive support and resources technology vendors offer through their partner programs are a critical cons ...

Identity Automation adds dynamic and automated role-based access capability to Jamf’s endpoint management and security platformMINNEAPOLIS, March 03, 2025 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced it signed a definitive agreement to acquire Identity Automation. Identity Automation is a dynamic identity and access management (IAM) platform for industries that are defined by frequent role adjustments, such as education and healthcare. Identit ...

Core Insights - Jamf Holding (JAMF) reported revenue of $162.97 million for Q4 2024, marking an 8.2% year-over-year increase and a surprise of +0.34% over the Zacks Consensus Estimate of $162.43 million [1] - The company's EPS for the same period was $0.17, compared to $0.13 a year ago, resulting in an EPS surprise of +13.33% against the consensus estimate of $0.15 [1] Financial Performance Metrics - Annual Recurring Revenue (ARR) was reported at $646 million, slightly below the estimated $653.59 million [4] - Subscription revenue from SaaS and support and maintenance was $152.60 million, compared to the estimated $153.80 million, reflecting an 8.8% increase year-over-year [4] - On-premise subscription revenue reached $7.14 million, exceeding the estimated $5.57 million, with a year-over-year growth of 12.2% [4] - Non-subscription revenue from perpetual licenses was $0.07 million, significantly lower than the estimated $0.09 million, showing a year-over-year decline of 71.7% [4] - Professional services revenue was $3.17 million, slightly above the estimated $3.05 million, but down 15.1% year-over-year [4] - Total subscription revenue was $159.74 million, marginally above the estimated $159.37 million, with an 8.9% increase compared to the previous year [4] - Non-subscription revenue totaled $3.23 million, exceeding the estimated $3.04 million [4] Stock Performance - Jamf Holding's shares have returned -4.7% over the past month, compared to a -2.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Jamf Holding Corp. (NASDAQ:JAMF) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Company Participants Jennifer Gaumond – Vice President, Investor Relations John Strosahl – Chief Executive Officer David Rudow – Chief Financial Officer Conference Call Participants Jake Roberge – William Blair Koji Ikeda – Bank of America Matt Hedberg – RBC DJ Hynes – Canaccord Genuity Raimo Lenschow – Barclays Joshua Reilly – Needham & Company Priyanka Thapa – JPMorgan Operator Thank you for standing by and welc ...

Investor Presentation Q4 FY2024 Safe Harbor Unless otherwise specified, financial information and other data in this presentation is presented as of December 31, 2024. Jamf's historical results are not necessarily indicative of the results that may be expected in the future. Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of federal securities laws, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate ...

Customer Base and Market Presence - As of December 31, 2024, the company has over 76,500 customers deploying 33.2 million devices across more than 100 countries and territories[24] - As of December 31, 2024, the company had over 76,500 customers, with more than 16,000 acquired in the last three years, including 8 of the largest 10 Fortune 500 companies[79] - For the year ended December 31, 2024, approximately 36% of new subscriptions originated outside of North America, indicating significant international growth opportunities[74] - The company’s customer base is highly diversified, with no single end customer representing more than 1% of Annual Recurring Revenue (ARR)[79] Financial Performance - The company's total revenue for the year ended December 31, 2024, was $627.4 million[439] - Total revenue for 2024 reached $627,399,000, an increase of 11.9% from $560,571,000 in 2023[453] - Subscription revenue grew to $613,591,000, up 13.0% from $543,019,000 in the previous year[453] - Net loss for 2024 was $68,455,000, a reduction of 37.9% compared to a net loss of $110,086,000 in 2023[453] - Gross profit increased to $486,071,000, representing a 11.9% rise from $434,512,000 in 2023[453] - Total current assets rose to $424,657,000, up 5.9% from $402,634,000 in 2023[451] - Total liabilities decreased to $864,246,000, down 0.9% from $872,105,000 in 2023[451] - Cash and cash equivalents decreased to $224,680,000 from $243,576,000, a decline of 7.7%[451] - The net loss for the year ended December 31, 2024, was $68.455 million, a significant improvement from a net loss of $110.086 million in 2023 and $141.301 million in 2022[462] Research and Development - Approximately 26% of the global employee base is dedicated to research and development, with teams organized to support product innovation and same-day support for Apple[88] - Research and development expenses increased to $138,961,000, up 3.8% from $134,422,000 in 2023[453] - The company owned 14 issued U.S. patents and 29 issued patents in foreign jurisdictions as of December 31, 2024[90] - The company’s research and development teams are based in multiple locations, including Minneapolis, MN, and Tel Aviv, Israel[88] Customer Satisfaction and Experience - The company achieved a Net Promoter Score of 56 in 2024, significantly exceeding industry averages[25] - The company maintained a high customer satisfaction score of 9.34 out of 10 in 2024 based on surveys[83] - The company focuses on enhancing the user experience by providing seamless device deployment and management tailored to Apple products[47] Product and Service Offerings - The company offers a unique Apple-first platform that combines management, identity, and security to protect devices and sensitive company data[45] - Jamf Pro serves a large portion of the customer base, providing robust Apple ecosystem management for SMBs to larger enterprises[46] - Jamf Now allows SMBs to manage Apple devices with a pay-as-you-go model, facilitating remote configuration and security enforcement[50] - Jamf Protect provides robust endpoint security for both Mac and mobile devices, enhancing visibility and compliance while defending against modern threats[55] - Jamf Connect simplifies authentication with single sign-on across devices, enhancing productivity without compromising security[53] - The company offers a bundled solution through the Jamf Business Plan, simplifying the purchase process for commercial customers with user-based pricing[57] - Jamf's education apps, including Jamf Teacher, Student, and Parent, enhance user engagement and productivity within educational institutions[60] Market Strategy and Growth - Jamf's global Total Addressable Market is estimated to be approximately $49 billion in 2024, covering Apple devices and potential non-Apple devices requiring management and security solutions[68] - The company has a large network of approximately 910 channel partners globally, expanding market coverage and sales capacity[73] - The company’s marketing strategy focuses on building brand recognition and generating demand through various channels, including content marketing and community engagement[76] Financial Management and Risks - A hypothetical 10% change in foreign currency exchange rates would impact the company's operating loss by approximately $14.7 million[425] - The company has not entered into any hedging arrangements for foreign currency risk[425] - The company maintains effective internal control over financial reporting as of December 31, 2024[442] - The company does not have material exposure to changes in the fair value of its investment portfolio due to interest rates[426] - The company has not reported any significant interest exposure with respect to its 2024 Credit Agreement[427] Compliance and Governance - The company’s compliance with governmental regulations did not have a material effect on its capital expenditures, earnings, or competitive position for the year ended December 31, 2024[106] - The Company adopted ASU No. 2023-07 for the fiscal year ended December 31, 2024, which requires additional disclosures regarding segment expenses, but it did not impact the consolidated financial statements[520] Stock and Equity - The company repurchased 2,000,000 shares of common stock at $17.52 per share for a total of $35.4 million in May 2024[485] - Total stockholders' equity slightly decreased to $715,983,000 from $717,547,000 in 2023[451] Other Financial Metrics - The company recognized revenue from professional services of $13.6 million in 2024, down from $16.3 million in 2023[503] - Contract liabilities at the end of 2024 were $385.7 million, an increase from $373.4 million at the end of 2023[505] - Remaining performance obligations as of December 31, 2024, totaled $552.6 million, with 70% expected to be recognized as revenue within the next 12 months[507]

Revenue Growth - Q4 total revenue increased by 8% year-over-year to $163.0 million; fiscal year total revenue grew by 12% to $627.4 million[7] - Total revenue for Q4 2024 reached $162.974 million, a 8.7% increase from $150.645 million in Q4 2023[27] - Total revenue for 2024 reached $627,399, up 12% from $560,571 in 2023, driven by a 10% increase in SaaS subscription and support revenue[35] - For Q1 2025, total revenue is expected to be between $165.5 million and $167.5 million, with non-GAAP operating income projected between $35.5 million and $37.5 million[12] - For the full year 2025, total revenue is anticipated to be between $675.5 million and $680.5 million, with non-GAAP operating income expected between $142.5 million and $146.5 million[12] Annual Recurring Revenue (ARR) - ARR as of December 31, 2024, reached $646.0 million, reflecting a 10% year-over-year growth[7] - Annual Recurring Revenue (ARR) increased to $646.0 million in 2024, a growth of 9.8% from $588.6 million in 2023[38] - Security ARR reached $156 million as of December 31, 2024, representing 17% year-over-year growth and 24% of total ARR[12] Profitability and Loss - GAAP operating loss for FY24 was $69.1 million, or (11)% of total revenue, an improvement from a loss of $115.2 million, or (21)% in FY23[7] - Non-GAAP operating income for FY24 was $103.1 million, or 16% of total revenue, compared to $45.4 million, or 8% in FY23[7] - Net loss for 2024 was $68,455, compared to a net loss of $110,086 in 2023, showing an improvement of approximately 38%[31] - Net loss for Q4 2024 was $16.428 million, slightly improved from a net loss of $17.410 million in Q4 2023[27] Cash Flow - Cash flow from operations for FY24 was $31.2 million, or 5% of total revenue, down from $36.0 million in FY23[8] - Free cash flow for the year ended December 31, 2024, was $22,183 million, down from $33,030 million in 2023, a decrease of 32.9%[42] - Unlevered free cash flow for the year ended December 31, 2024, was $72,399 million, compared to $55,414 million in 2023, an increase of 30.7%[42] - Net cash provided by operating activities for the year ended December 31, 2024, was $31,192 million, down from $35,964 million in 2023, a decrease of 13.5%[42] Expenses and Liabilities - Operating expenses for the year ended December 31, 2024, totaled $555.167 million, a slight increase from $549.761 million in 2023[27] - Total liabilities decreased to $864.246 million as of December 31, 2024, down from $872.105 million in 2023, a reduction of 0.9%[25] Customer Metrics - The number of customers increased to 76,500 in 2024, up from 75,300 in 2023, showing a growth in the customer base[38] - Dollar-based net retention rate decreased to 104% in 2024 from 108% in 2023, indicating a slight decline in customer retention[38] Stock and Shareholder Value - The company repurchased $35,357 in common stock during financing activities, reflecting a strategic move to enhance shareholder value[31] - The company reported a weighted-average share count of 128,863,245 for Q4 2024, compared to 126,361,484 for Q4 2023[27] Other Financial Metrics - Gross profit for the year ended December 31, 2024, was $486.071 million, representing a 11.9% increase from $434.512 million in 2023[27] - The gross profit margin remained stable at 78% for both 2024 and 2023, indicating consistent profitability[40] - Adjusted EBITDA for Q4 2024 was $31,298 million, compared to $22,906 million in Q4 2023, indicating a year-over-year increase of 36.5%[42] - Stock-based compensation for Q4 2024 was $25,121 million, compared to $22,918 million in Q4 2023, reflecting an increase of 9.6%[42] - The net cash provided by operating activities as a percentage of total revenue was 5% for 2024, compared to 6% in 2023[42] - Free cash flow margin for 2024 was 4%, down from 6% in 2023, indicating a decline in efficiency[42]