Alarm com : May 2024 Investor Presentation

Published: 2024-05-10 17:11:01 ET ALRM

Leading SaaS platform

for the intelligently connected property

May 2024

Safe Harbor Statement

F O R W A R D - L O O K I N G S T A T E M E N T S

This presentation contains forward-looking statements that involve risks and uncertainties. All statements other than statements of historical fact contained in this presentation, including, but not limited to, statements regarding our potential market opportunity in both the residential and commercial markets and growth drivers, including addressable markets and industry trends, expansion into new international markets and other verticals and other business and product development plans, including statements regarding product and feature releases and related benefits, market demand for our offerings, are forward-looking statements. Any such statements are not guarantees of future performance, but are based on our assumptions, expectations and beliefs as of the date of this presentation and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause our actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Investors should not place undue reliance on our forward-looking statements. For more information about factors that may cause our actual results to differ materially from these forward-looking statements, including the Company's actual operating results and business operations may be negatively impacted by the anticipated impact of the global economic uncertainty and financial market conditions caused by significant worldwide events, including public health crises, such as the COVID-19 pandemic, and geopolitical upheaval, such as Russia's incursion into Ukraine and the war between Israel and Hamas (collectively Macroeconomic Conditions). Macroeconomic Conditions and their economic effects may reduce demand, the reliability of the Company's network operations centers, the Company's ability to retain service provider partners and residential and commercial subscribers and sustain its growth rate, the Company's ability to manage growth and execute on its business strategies, the effects of increased competition and evolving technologies, the Company's ability to integrate acquired assets

and businesses and to manage service provider partners, customers and employees, consumer demand for interactive security, video monitoring, intelligent automation, energy management and wellness solutions, the Company's reliance on its service provider network to attract new customers and retain existing customers, the Company's dependence on its suppliers, the potential loss of any key supplier or the inability of a key supplier to deliver their products to us on time or at the contracted price, the reliability of the Company's hardware and wireless network suppliers and enhanced United States tax, tariff, import/export restrictions, or other trade barriers, particularly tariffs from China as well as other risks and uncertainties discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 22, 2024 and other subsequent filings the Company makes with the Securities and Exchange Commission from time to time, including our Quarterly Report on Form 10-Q for the quarter ended March 31, 2024. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Any information in this presentation on new products, features or functionality is intended to outline our general product direction. The information on new products, features, and functionality is not a commitment, promise or legal obligation to deliver any feature or functionality. The development, release, and timing of any features or functionality described for our products remains at our sole discretion.

N O N - G A A P F I N A N C I A L M E A S U R E S

This presentation also contains certain non-GAAP financial measures as defined by the SEC rules. These non-GAAP financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP. As required by Regulation G, we have provided a reconciliation of those measures to their most directly comparable GAAP measures, which is available in the Appendix slides to this presentation. Please refer to our May 9, 2024 press release for information as to why we believe these non-GAAP financial measures are useful to investors and others in assessing our operating results. We urge investors not to rely on any single financial measure to evaluate our business.

AGENDA

Company Overview

Market Opportunity

The Alarm.com Platform

Our Solutions

Growth Drivers

Financial Overview

Company Overview

The cloud based (SaaS) operating system which enables service providers and their subscribers to intelligently manage and control their residential and commercial properties with highly advanced IoT technology solutions.

Founded in

IPO

~12,000

2,002

2000

in June 2015;

service provider

employees

Nasdaq:

partners

ALRM

Key Investment Highlights

Clear Leader in Large

& Growing Markets

SaaS Recurring

Revenue Model

94% Revenue Renewal Rate

86% SaaS Gross Margin

Innovating to Expand Market Opportunities

Strong Profitable Growth

Growth initiatives represent 31% of total SaaS, growing 27% year-over-year in 2023

Efficient Service Provider Go-to Market

Alarm.com

Contributes

Winning

Partnership

Service Provider Contributes

Service provider partners 1

History of Innovation & TAM Expansion

2023

2022

Cell Connector

for Access Control

2021

3rd Party

729 Floodlight

AI-based Business

Camera Support

Camera

2020

Activity Analytics

Acquired

Battery-free

Pro-Series

Noonlight

Video Doorbell

2019

Commercial SVR

Commercial

Water Dragon

Pro-Series Cameras

2016-2018

Industry 1st

Cameras

Wireless

In-App

IPO 2015

Video Analytics

Flex I/O

Perimeter Guard

Video Doorbell

Property Panic

2003-2015

Integrated

for Business

Doorbell Camera

Acquired

Ambient Insights

OpenEye, AI-based

AI-powered

Industry 1st

Connected Car

Shooter Detection

for Alarm Response

video analytics

Enhanced Visual

Wireless Interactive

Commercial

Solution

Systems

Industry 1st Smart

Verification

Security

Market Launch

Industry 1st

Acquired OpenEye

OpenEye launches

Touchless Video

Arming

Industry 1st

Smarter

SaaS solution

Doorbell

Native Mobile App

Access Control

Expansion into

& Smart Home App

Enterprise

Smart Gateway

for Apple Watch

Insights Engine

Commercial

Integrated

Video Analytics

Doorbell Camera

Market Opportunity

Over 500 million serviceable properties and growing

Leveraging our technology leadership and scale in core markets to expand into emerging market opportunities.

Our growth initiatives collectively represent 31% of our total SaaS and grew 27% year-over-year in 2023. These initiatives consist

of our commercial, international, video, and EnergyHub businesses.

Growth in

International

Develop Emerging

Adjacent Markets

Expansion

AI and IoT Opportunities

Commercial

Currently in 60+ countries,

Lead secular technology

Video analytics

partnered with leading global

trends and emerging

Advanced monitoring &

security providers, and

opportunities.

Event response

expanding market depth and

Active shooter events

breadth.

Disclaimer

Alarm.com Holdings Inc. published this content on 09 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2024 21:09:22 UTC.