Alarm.com(US:ALRM)2022-02-28 15:30Company Overview - Alarm.com has over 10,900 service provider partners[9, 10] - The company has more than 84 million subscribers[9, 17] - Alarm.com has over 100 million connected devices[17] - The platform processes over 200 billion data points annually[17] Market Opportunity - The global smart home cloud platform market is anticipated to grow at a CAGR of 17% from 2020 to 2030[33] - Video Surveillance as a Service (VSaaS) market share is forecasted to increase from 9% in 2018 to 15% by 2022[42] - There are approximately 4 million target commercial properties in the US[42] Financial Highlights - SaaS & License Revenue reached $4604 million in 2021, a 17% increase[96] - Total Revenue for 2021 was $749 million, an 18% increase[97] - Adjusted EBITDA for 2021 was $1425 million[97] - SaaS and license revenue renewal rate of 94%[109]