Absolute

Absolute

Absolute Software creates computer theft recovery, data protection and secure asset tracking solutions. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD201720182019202020212022
Revenues91.2m93.6m98.9m105m121m197m
% growth-3 %6 %6 %15 %63 %
EBITDA10.2m6.1m14.5m21.2m10.7m17.7m
% EBITDA margin11 %7 %15 %20 %9 %9 %
Profit(5.0m)3.1m7.6m10.6m3.7m(24.5m)
% profit margin(5 %)3 %8 %10 %3 %(12 %)
R&D budget17.5m20.1m19.2m19.4m23.3m44.8m
R&D % of revenue19 %21 %19 %19 %19 %23 %
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DateInvestorsAmountRound
N/A

N/A

IPO
*
N/A

$69.0m

IPO
*

$870m

Valuation: $870m

4.4x EV/LTM Revenues

49.2x EV/LTM EBITDA

Buyout
Total Funding-

Recent News about Absolute

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More about Absoluteinfo icon
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Absolute.com is a cybersecurity company that provides comprehensive solutions to ensure the resilience of businesses against escalating digital threats. Their primary offering is the Absolute Cyber Resilience platform, which is designed to strengthen a company's IT and compliance posture by fortifying their technology and security stack. This ensures that a company's security controls are always functioning optimally.

The company caters to businesses of all sizes, across various industries, that are looking to secure their digital operations. This includes companies with remote workforces, as Absolute.com provides reliable and resilient endpoint solutions that ensure the health of devices and applications. Their patented technology, Absolute Persistence®, is embedded in the firmware of over 600 million devices, providing a secure and always-on connection between the Absolute Platform and the endpoint.

Absolute.com operates in the cybersecurity market, a rapidly growing sector due to the increasing prevalence of digital threats. Their business model involves providing their cybersecurity platform on a subscription basis, which includes access to their product, customer support, and regular updates.

The company's platform is designed to enable and insulate mission-critical applications, neutralize digital disruption, and transform mobile user experiences. This allows teams to work confidently from anywhere. Additionally, their platform delivers application self-healing and confident risk response, providing businesses with a lifeline to protect at-risk devices and data.

Keywords: Cybersecurity, Absolute Cyber Resilience, IT Compliance, Endpoint Solutions, Absolute Persistence®, Subscription Model, Mission-Critical Applications, Digital Disruption, Application Self-Healing, Risk Response.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Absolute

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Syxsense
ACQUISITION by Absolute Sep 2024
NetMotion Software
ACQUISITION by Absolute May 2021