| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Alarm.com | 796.1 | 711.5 | 586.6 | 473.8 | 397.2 | 320.0 | 245.4 | 202.8 |
| SaaS and license revenue | 520.4 | 460.4 | 393.3 | 337.4 | 291.1 | 236.3 | | |
| Hardware and other revenue | 322.2 | 288.6 | 224.7 | 165.0 | 129.4 | 102.7 | | |
| Software License Revenue | 26.8 | 32.3 | 38.0 | 43.4 | 41.3 | 29.7 | | |
| Other | | | | | | | 15.7 | 6.1 |
| Total revenues [+] | 842.6 | 749.0 | 618.0 | 502.4 | 420.5 | 338.9 | 261.1 | 208.9 |
| Products | | | | | | | | 68.0 |
| License and services | | | | | | | | 140.9 |
| Revenue growth [+] | 12.5% | 21.2% | 23.0% | 19.5% | 24.1% | 29.8% | 25.0% | 24.8% |
| Alarm.com | 11.9% | 21.3% | 23.8% | 19.3% | 24.1% | 30.4% | 21.1% | 22.4% |
| SaaS and license revenue | 13.0% | 17.1% | 16.6% | 15.9% | 23.2% | | | |
| Hardware and other revenue | 11.6% | 28.4% | 36.2% | 27.5% | 26.1% | | | |
| Software License Revenue | -17.0% | -15.0% | -12.4% | 5.1% | 39.1% | | | |
| Other | 19.9% | 5.2% | 0.0% | 22.0% | 39.9% | | | 279.1% |
| Cost of goods sold [+] | 343.9 | 307.1 | 228.3 | 184.3 | 146.6 | 117.2 | 100.2 | 77.4 |
| Cost of product sales | | | | | | | | 51.7 |
| Cost of licenses and services | | | | | | | | 25.7 |
| Gross profit | 498.6 | 441.8 | 389.7 | 318.1 | 273.9 | 221.8 | 160.9 | 131.5 |
| Gross margin | 59.2% | 59.0% | 63.1% | 63.3% | 65.1% | 65.4% | 61.6% | 63.0% |
| Selling, general and administrative [+] | 199.4 | 174.1 | 154.6 | 131.8 | 151.7 | 98.9 | 96.9 | 67.7 |
| Sales and marketing | 92.7 | 86.7 | 76.0 | 61.8 | 55.9 | 43.5 | 39.0 | 32.2 |
| General and administrative | 106.7 | 87.4 | 78.6 | 70.0 | 95.8 | 55.4 | 57.9 | 35.5 |
| Research and development | 218.6 | 177.7 | 152.1 | 114.4 | 89.2 | 72.8 | 44.3 | 40.0 |
| Other operating expenses | -1.4 | -1.2 | -0.9 | -0.7 | -0.9 | -1.0 | -0.8 | |
| EBITDA [+] | 81.9 | 91.3 | 83.8 | 72.5 | 33.9 | 51.1 | 20.5 | 23.8 |
| EBITDA growth | -10.3% | 8.9% | 15.5% | 113.9% | -33.6% | 148.7% | -13.7% | -4.8% |
| EBITDA margin | 9.7% | 12.2% | 13.6% | 14.4% | 8.1% | 15.1% | 7.9% | 11.4% |
| Depreciation | 12.4 | 12.6 | 10.9 | 7.9 | 6.5 | 5.4 | 4.7 | 3.6 |
| EBITA | 69.5 | 78.6 | 72.9 | 64.6 | 27.4 | 45.7 | 15.9 | 20.2 |
| EBITA margin | 8.2% | 10.5% | 11.8% | 12.9% | 6.5% | 13.5% | 6.1% | 9.7% |
| Amortization of intangibles | 18.4 | 17.1 | 16.6 | 14.2 | 15.2 | 12.3 | 1.8 | 2.2 |
| EBIT [+] | 51.0 | 61.6 | 56.3 | 50.4 | 12.2 | 33.4 | 14.1 | 18.0 |
| EBIT growth | -17.1% | 9.4% | 11.7% | 313.2% | -63.4% | 137.4% | -21.9% | -14.3% |
| EBIT margin | 6.1% | 8.2% | 9.1% | 10.0% | 2.9% | 9.8% | 5.4% | 8.6% |
| Interest expense, net [+] | -5.6 | 15.4 | 1.7 | -1.9 | 0.6 | 1.2 | 0.2 | 0.2 |
| Interest expense | 3.1 | 16.0 | 2.6 | 3.0 | 2.9 | 2.2 | 0.2 | 0.2 |
| Interest income | 8.8 | 0.6 | 0.9 | 4.9 | 2.3 | 1.0 | | |
| Other income (expense), net | -0.1 | -0.1 | 25.6 | 6.5 | 0.1 | 0.0 | 0.5 | -0.3 |
| Pre-tax income | 56.6 | 46.1 | 80.2 | 58.9 | 11.7 | 32.2 | 14.4 | 17.5 |
| Income taxes | 1.0 | -5.1 | 3.5 | 5.6 | -9.8 | 3.0 | 4.2 | 5.7 |
| Tax rate | 1.7% | | 4.4% | 9.5% | | 9.3% | 29.4% | 32.6% |
| Net income | 56.3 | 52.3 | 77.9 | 53.5 | 21.5 | 29.2 | 10.1 | -7.2 |
| Net margin | 6.7% | 7.0% | 12.6% | 10.7% | 5.1% | 8.6% | 3.9% | -3.5% |
| |
| Basic EPS [+] | $1.13 | $1.05 | $1.59 | $1.11 | $0.45 | $0.63 | $0.22 | ($0.30) |
| Growth | 7.7% | -34.1% | 43.9% | 144.7% | -27.9% | 182.3% | -174.1% | -221.1% |
| Diluted EPS [+] | $1.03 | $1.01 | $1.53 | $1.06 | $0.43 | $0.59 | $0.21 | ($0.30) |
| Growth | 1.9% | -34.1% | 43.5% | 145.9% | -27.2% | 180.8% | -170.7% | -306.9% |
| |
| Dividends per share [+] | | | | | | | | $0.36 |
| Growth | | | | | | | -100.0% | |
| |
| Shares outstanding (basic) [+] | 49.9 | 49.9 | 49.0 | 48.4 | 47.6 | 46.7 | 45.7 | 24.1 |
| Growth | 0.1% | 1.9% | 1.1% | 1.7% | 2.0% | 2.1% | 89.6% | 958.9% |
| Shares outstanding (diluted) [+] | 54.9 | 51.9 | 51.0 | 50.3 | 49.7 | 49.2 | 47.9 | 24.1 |
| Growth | 5.8% | 1.9% | 1.4% | 1.2% | 1.1% | 2.7% | 98.6% | 519.7% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |