- Annualized Recurring Revenue reached $80.4M (up 103% YoY). ARR is expected to grow by more than 100% in FY 2021 Q4.
- As of 18-Oct-2021, Arlo reached 900,000 paid accounts and expects 1M paid accounts to be reached significantly ahead of year-end.
- Profitability will be reached without raising additional capital. The company ended FY 2021 Q3 with $166.1M in cash, cash equivalents, and short-term investments.
- The company raised guidance and expects revenues of $130M to $140M in Q4 and full year revenue at $422M and $433M (up by $12M from previous guidance at the mid-point) despite a challenging global supply chain environment.
- Capturing a mere ~5% of the TAM by 2025 would result in ~$4.49B in revenues, or nearly x10 current revenues in a 4 year period, representing an annual CAGR of ~80%. Capturing 10% of the TAM by 2025 would result in $8.98B in revenues, or x20 current revenues in a 4-year period, representing an annual CAGR of ~110%.
For further details see:
Arlo Technologies: The Only Charts You Need To See