Company Overview - Axon's mission is to protect life by building the technology ecosystem for public safety[7] - The company estimates a total addressable market of $129 billion[9, 68] - Axon aims to cut gun-related deaths between police and the public by 50% by 2033[10] Financial Performance - 2024 annual revenue reached $2.1 billion[32] - Annual recurring revenue is $1.2 billion[34] - Future contracted bookings total $10.7 billion[34] - The 2024 annual Adjusted EBITDA margin was 25%[34] Growth and Market Opportunity - U S State & Local Law Enforcement TAM is under 15% penetrated[64] - The company's revenue growth in 2024 was 33%[107] - Axon projects 2025 revenue between $2.65 billion and $2.73 billion, representing 29% growth at the midpoint[122] - Adjusted EBITDA for 2025 is projected between $665 million and $685 million, with an approximate 25% margin[122]

Company Overview - Axon's mission is to protect life by building the technology ecosystem for public safety[7] - The company estimates a total addressable market of $129 billion[9, 69] - Axon aims to cut gun-related deaths between police and the public by 50% by 2033[10] Financial Performance - Axon achieved $2.1 billion in annual revenue in 2024[32] - The company's annual recurring revenue reached $1.1 billion[34, 127] - Future contracted bookings totaled $9.9 billion as of Q1 2025[34, 125] - The annual Adjusted EBITDA margin was 25% in 2024[34] - Net revenue retention was 123% in 2024[34, 126] Growth Strategy - Axon is expanding its reach globally and connecting with customers across the world[79] - The company is upgrading antiquated technologies and optimizing products to help prioritize existing resources[81] - Axon is innovating and improving existing products, with public safety adoption typically gradual and durable[72]