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HomeNew ProductsAlarm.com Named In 100 Fastest Growing Companies in 2021

Alarm.com Named In 100 Fastest Growing Companies in 2021

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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