Alarm.com has been listed among Fortune Magazine’s top 100 Fastest Growing Companies in 2021 for the second year in a row.
To qualify for Fortune’s 100 Fastest Growing Companies list, a company must meet specific criteria and then are ranked by revenue growth rate, EPS growth rate, and 3-year annualized total return for the period ended June 30, 2021.
In the third quarter 2021 SaaS and license revenue increased 17.9 per cent to $US118.1 million, compared to $100.1 million over the year prior, while total revenue increased 21.1 per cent to $192.3 million, compared to $158.9 million.
Total cash and cash equivalents on the balance sheet increased to $700.3 million as of September 30, 2021, compared to $253.5 million as of December 31, 2020.
“If you want to be a part of the growth story in Australia talk to BGW Technologies about Alarm.com-enabled security products, such as DSC Neo and Qolsys iQ2 and a full line up of CCTV and automation technology,” said Australian distributor, BGW Technologies’, Rob Meachem.
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