Absolute Software Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $11.49
- Today's High:
- $11.49
- Open Price:
- $11.49
- 52W Low:
- $6.6117
- 52W High:
- $12.4478
- Prev. Close:
- $11.49
- Volume:
- 0
Company Statistics
- Market Cap.:
- $436.46 million
- Book Value:
- -0.166
- Revenue TTM:
- $215.27 million
- Operating Margin TTM:
- 1.67%
- Gross Profit TTM:
- $160.54 million
- Profit Margin:
- -13.14%
- Return on Assets TTM:
- 0.42%
- Return on Equity TTM:
- -966.77%
Company Profile
Absolute Software Corporation had its IPO on 2020-10-28 under the ticker symbol ABST.
The company operates in the Technology sector and Software-Application industry. Absolute Software Corporation has a staff strength of 0 employees.
Stock update
Shares of Absolute Software Corporation opened at $11.49 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $11.49 - $11.49, and closed at $11.49.
This is a 0% increase from the previous day's closing price.
A total volume of 0 shares were traded at the close of the day’s session.
In the last one week, shares of Absolute Software Corporation have increased by 0%.
Absolute Software Corporation's Key Ratios
Absolute Software Corporation has a market cap of $436.46 million, indicating a price to book ratio of 163.9746 and a price to sales ratio of 2.5374.
In the last 12-months Absolute Software Corporation’s revenue was $215.27 million with a gross profit of $160.54 million and an EBITDA of $8.54 million. The EBITDA ratio measures Absolute Software Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Absolute Software Corporation’s operating margin was 1.67% while its return on assets stood at 0.42% with a return of equity of -966.77%.
In Q4, Absolute Software Corporation’s quarterly earnings growth was a negative -20% while revenue growth was a positive 16.6%.
Absolute Software Corporation’s PE and PEG Ratio
- Forward PE
- 285.7143
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-0.56 per share while it has a forward price to earnings multiple of 285.7143 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Absolute Software Corporation’s profitability.
Absolute Software Corporation stock is trading at a EV to sales ratio of 3.3515 and a EV to EBITDA ratio of 41.927. Its price to sales ratio in the trailing 12-months stood at 2.5374.
Absolute Software Corporation stock pays annual dividends of $0.24 per share, indicating a yield of 2.79% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $533.59 million
- Total Liabilities
- $177.74 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $145000
- Dividend Payout Ratio
- 0%
Absolute Software Corporation ended 2024 with $533.59 million in total assets and $0 in total liabilities. Its intangible assets were valued at $533.59 million while shareholder equity stood at $-8751000.00.
Absolute Software Corporation ended 2024 with $0 in deferred long-term liabilities, $177.74 million in other current liabilities, 175858000.00 in common stock, $-231381000.00 in retained earnings and $240.76 million in goodwill. Its cash balance stood at $49.49 million and cash and short-term investments were $49.85 million. The company’s total short-term debt was $5,675,000 while long-term debt stood at $258.61 million.
Absolute Software Corporation’s total current assets stands at $114.99 million while long-term investments were $0 and short-term investments were $360000.00. Its net receivables were $55.48 million compared to accounts payable of $3.27 million and inventory worth $0.
In 2024, Absolute Software Corporation's operating cash flow was $0 while its capital expenditure stood at $145000.
Comparatively, Absolute Software Corporation paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $11.49
- 52-Week High
- $12.4478
- 52-Week Low
- $6.6117
- Analyst Target Price
- $15.5
Absolute Software Corporation stock is currently trading at $11.49 per share. It touched a 52-week high of $12.4478 and a 52-week low of $12.4478. Analysts tracking the stock have a 12-month average target price of $15.5.
Its 50-day moving average was $11.4 and 200-day moving average was $10.09 The short ratio stood at 14.71 indicating a short percent outstanding of 0%.
Around 10.5% of the company’s stock are held by insiders while 8054.1% are held by institutions.
Frequently Asked Questions About Absolute Software Corporation
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About
Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. The company’s Absolute platform offer Absolute Visibility that provides information on device hardware, software, and location; Absolute Control that provide remediation capabilities, such as the ability to remotely freeze devices and delete data; Absolute Resilience, which offer remote scripting, self-healing for critical apps, investigation and recovery services, and sensitive data identification; Absolute Ransomware Response that enables organizations to assess their ransomware preparedness for endpoints, monitors their endpoint cyber hygiene across the entire device fleet and allows for an expedited endpoint recovery; Absolute VPN an enterprise solution; Absolute ZTNA that protects networks and employees with real time risk analysis; and Absolute Insights for Network provides real-time data about device, application, and network performance in a single pane of glass. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to healthcare organizations, educational institutions, governmental agencies, and individual consumers. It operates in North America, the United Kingdom, Vietnam, Germany, Australia, Japan, and Latin America. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada.