Jamf (JAMF) Earnings Call Presentation

Company Overview - Jamf defines Apple in the enterprise, serving customers in over 100 countries[17, 21] - The company boasts a No 1 market position with a 23% CAGR since its 2020 IPO[18] - Jamf's net retention rate is strong at 103%[18] - Subscription revenue accounts for 98% of the total[18] Market Opportunity and Growth - The total addressable market (TAM) is estimated at approximately $49 billion, with a serviceable addressable market (SAM) of around $21.7 billion[48] - Jamf's current market share of the SAM is about 3%, representing $646 million[48] - The total SAM is projected to grow to roughly $27 billion by 2026[52] - There's a significant security cross-sell opportunity within the existing customer base, estimated at around $350 million[71] Financial Performance - In FY2024, Jamf's annual recurring revenue (ARR) reached $646 million[51] - Non-GAAP operating income for FY2024 was $103 million, resulting in a 16% margin[84] - The company has consistently met or exceeded expectations every quarter since its IPO[35]