OverviewSuggest Edit

Absolute Software is a company that provides a cloud-based device management and security platform. It delivers a cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations globally, focusing on education, healthcare, banking, and government customers. Absolute Software's platform helps ensure the connectivity, visibility, and control of data and devices independent of the operating system, empowering devices to recover automatically to an operational state without user intervention.

TypePublic
Founded1993
HQVancouver, CA
Websiteabsolute.com
Employee Ratings3.9
Overall CultureB

Latest Updates

Employees (est.) (Jun 2020)499(+5%)
Job Openings38
Revenue (FY, 2020)$104.7 M(+6%)
Share Price (Jun 2021)$13.9
Cybersecurity ratingBMore

Key People/Management at Absolute Software

Christy Wyatt

Christy Wyatt

President and Chief Executive Officer, Director
Sean Maxwell

Sean Maxwell

Chief Commercial Officer
Nicko van Someren

Nicko van Someren

Chief Technology Officer
Sandra Toms

Sandra Toms

Chief Marketing Officer
Karen Reynolds

Karen Reynolds

Chief Communications Officer
Dianne Lapierre

Dianne Lapierre

Chief Information Officer
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Absolute Software Office Locations

Absolute Software has offices in Vancouver, Austin, San Jose, Reading and in 1 other location
Vancouver, CA (HQ)
1400-1055 Dunsmuir St
Reading, GB
Abbey Gate, 57-75 King's Rd
Austin, TX, US
11401 Century Oaks Terrace #430
San Jose, CA, US
3055 Olin Ave #230
San Jose, CA, US
550 S Winchester Blvd #620
Ho Chi Minh City, VN
5th Floor, S.O.H.O Biz Office Building 38 Huynh Lan Khanh street Ward 2, Tan Binh District
Show all (6)

Absolute Software Financials and Metrics

Absolute Software Revenue

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Absolute Software's revenue was reported to be $104.67 m in FY, 2020 which is a 5.8% increase from the previous period.
USD

Revenue (Q1, 2021)

28.5m

Gross profit (Q1, 2021)

25.4m

Gross profit margin (Q1, 2021), %

89.1%

Net income (Q1, 2021)

2.6m

EBIT (Q1, 2021)

4.2m

Market capitalization (11-Jun-2021)

683.4m

Closing stock price (11-Jun-2021)

13.9

Cash (30-Sept-2020)

51.3m

EV

642.0m
Absolute Software's current market capitalization is $683.4 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

93.6m98.9m104.7m

Revenue growth, %

3%6%6%

Cost of goods sold

14.4m13.0m12.6m

Gross profit

79.3m85.9m92.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

24.3m24.4m24.9m25.7m25.8m26.1m28.5m

Cost of goods sold

3.3m3.2m2.9m3.2m3.0m3.4m3.1m

Gross profit

21.0m21.3m22.0m22.4m227.8m22.7m25.4m

Gross profit Margin, %

86%87%88%87%883%87%89%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

34.0m18.7m29.7m

Accounts Receivable

17.2m22.1m28.9m

Current Assets

54.4m68.4m86.2m

PP&E

6.0m6.2m5.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

34.2m33.8m35.1m16.8m19.0m20.9m51.3m

Accounts Receivable

12.5m11.6m13.8m15.6m15.8m17.1m23.8m

Current Assets

56.3m55.0m59.6m63.7m62.7m65.3m94.0m

PP&E

5.6m5.2m4.6m5.4m5.6m5.9m5.1m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

3.1m7.6m10.6m

Depreciation and Amortization

12.4m12.5m13.9m

Accounts Payable

589.4k3.9m1.6m

Cash From Operating Activities

12.5m10.3m25.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

1.3m3.0m5.5m3.5m6.2m8.4m2.6m

Depreciation and Amortization

3.1m6.3m9.5m3.5m6.9m10.4m3.9m

Accounts Payable

(1.5m)737.6k2.3m(2.5m)(3.8m)(1.9m)(1.3m)

Cash From Operating Activities

4.0m5.9m6.8m7.5m9.7m13.4m14.7m
USDFY, 2018

Revenue/Employee

189.1k

Financial Leverage

-1.7 x
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Absolute Software Operating Metrics

Absolute Software's Customers was reported to be 13 k in Q1, 2020.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Customers

12 k12 k12 k12 k12 k13 k12 k12 k13 k

Devices Protected

7 m7 m

Patent Applications

282826252430222729

Patents Issued

127127128132135140137138140
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Absolute Software Acquisitions / Subsidiaries

Company NameDateDeal Size
NetMotion SoftwareMay 12, 2021$340 m
Palisade SystemsJune 25, 2013
LiveTime SoftwareNovember 05, 2012
Absolute Software (2015) Inc.
Absolute Software (Asia) Pte. Ltd.
Absolute Software EMEA Limited
Absolute Software, Inc.
Absolute Software (Vietnam) Company Limited

Absolute Software Revenue Breakdown

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Absolute Software revenue breakdown by geographic segment: 12.3% from Rest of World, 85.7% from United States and 2.0% from Other

Absolute Software Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Absolute Software Online and Social Media Presence

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Absolute Software Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    B

    73/100

  • Compensation

    C-

    63/100

Learn more on Comparably

Absolute Software News and Updates

Absolute Software Included in The Globe and Mails Second-Annual Women Lead Here Benchmark of Executive Gender Diversity

VANCOUVER, British Columbia – March 26, 2021 – Absolute Software ™ (NASDAQ: ABST) (TSX: ABST), a leader in Endpoint Resilience™ solutions, is pleased to announce it has earned a spot on the 2021 Report on Business Women Lead Here list, an annual editorial benchmark to identify best-in-class executiv…

Absolute Software Prioritized by FedRAMP Joint Authorization Board

The JAB is the primary governance and decision-making body for FedRAMP, and is comprised of the Chief Information Officers (CIOs) from the Department of Homeland Security (DHS), the General Services Administration (GSA), and the Department of Defense (DOD).read more

MEDIA ALERT: Absolute Software to Host Fireside Chat with Cybersecurity Innovator Charles Blauner

Why: As Operating Partner and CISO in Residence at Team8 and President of Cyber Aegis, as well as the  former CISO for JP Morgan, Deutsche Bank and Global Head of Information Security at Citi, Charles has unrivaled expertise and experience in cyber resiliency, risk management, and data privacy. Toge…

Absolute Software Blogs

Endpoint Complexity is Driving Risk Says New Absolute Research

The second annual ‘2020 State of Endpoint Resilience Report’ released by Absolute reveals that complexity and technology combinations are driving endpoint vulnerabilities. The post Endpoint Complexity is Driving Risk Says New Absolute Research appeared first on Absolute Blog | The Leader in Endpoint…

4 Ways Schools Can Prepare for the Future of e-Learning

The pandemic has struck the education system especially hard as schools had to swiftly adjust operations to fit within a remote learning environment. The post 4 Ways Schools Can Prepare for the Future of e-Learning appeared first on Absolute Blog | The Leader in Endpoint Visibility and Control.

Added COVID-19 Relief Proposal for Remote Learning a ‘Step Forward’

The Remote Learning During COVID-19 Act is another reminder of the macro-economic impact we see across education, including significant underfunding for technology. The post Added COVID-19 Relief Proposal for Remote Learning a ‘Step Forward’ appeared first on Absolute Blog | The Leader in Endpoint V…

Absolute Software Guide to Understanding HIPAA Compliance

While HIPAA has been the law for some time, staying in compliance with HIPAA is an increasingly challenging endeavor as the threat landscape grows. The post Absolute Software Guide to Understanding HIPAA Compliance appeared first on Absolute Blog | The Leader in Endpoint Visibility and Control.

5 Steps to Successfully Reclaiming School Chromebooks from Students

Absolute users looking to reclaim Chromebooks already have the tools to easily do it. The post 5 Steps to Successfully Reclaiming School Chromebooks from Students appeared first on Absolute Blog | The Leader in Endpoint Visibility and Control.

Anaheim Union High School District Gains Unbreakable Visibility & Control of Devices with Absolute

Technology has long been a part of the Anaheim Union High School District’s vision to graduate college and career-ready students, but equipping almost 30,000 students with digital devices across one of the largest districts in California was a sizable investment - particularly 20 years ago. The post…
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Absolute Software Frequently Asked Questions

  • When was Absolute Software founded?

    Absolute Software was founded in 1993.

  • Who are Absolute Software key executives?

    Absolute Software's key executives are Christy Wyatt, Sean Maxwell and Nicko van Someren.

  • How many employees does Absolute Software have?

    Absolute Software has 499 employees.

  • What is Absolute Software revenue?

    Latest Absolute Software annual revenue is $104.7 m.

  • What is Absolute Software revenue per employee?

    Latest Absolute Software revenue per employee is $209.8 k.

  • Who are Absolute Software competitors?

    Competitors of Absolute Software include Cybereason, Cylance and CrowdStrike.

  • Where is Absolute Software headquarters?

    Absolute Software headquarters is located at 1400-1055 Dunsmuir St, Vancouver.

  • Where are Absolute Software offices?

    Absolute Software has offices in Vancouver, Austin, San Jose, Reading and in 1 other location.

  • How many offices does Absolute Software have?

    Absolute Software has 6 offices.