ARLO: Arlo Technologies Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Arlo Technologies Inc (ARLO).
$1.12B Market Cap.
ARLO Market Cap. (MRY)
ARLO Shares Outstanding (MRY)
ARLO Assets (MRY)
Total Assets
$298.40M
Total Liabilities
$197.49M
Total Investments
$69.42M
ARLO Income (MRY)
Revenue
$510.89M
Net Income
-$30.50M
Operating Expense
$222.40M
ARLO Cash Flow (MRY)
CF Operations
$51.31M
CF Investing
$10.84M
CF Financing
-$40.77M
ARLO Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $298,400,000 (4.50%) | $285,538,000 (4.90%) | $272,201,000 (-21.67%) | $347,490,000 (-16.06%) |
Assets Current | $262,606,000 (4.82%) | $250,535,000 (7.63%) | $232,782,000 (-23.33%) | $303,622,000 (-14.84%) |
Assets Non-Current | $35,794,000 (2.26%) | $35,003,000 (-11.20%) | $39,419,000 (-10.14%) | $43,868,000 (-23.60%) |
Goodwill & Intangible Assets | $11,038,000 (0.00%) | $11,038,000 (0.00%) | $11,038,000 (0.00%) | $11,038,000 (0.00%) |
Shareholders Equity | $100,909,000 (-2.29%) | $103,276,000 (17.77%) | $87,695,000 (-22.15%) | $112,652,000 (-15.78%) |
Property Plant & Equipment Net | $20,463,000 (26.23%) | $16,211,000 (-19.53%) | $20,145,000 (-17.47%) | $24,409,000 (-38.70%) |
Cash & Equivalents | $82,032,000 (35.25%) | $60,653,000 (-31.22%) | $88,179,000 (-50.97%) | $179,856,000 (-5.48%) |
Accumulated Other Comprehensive Income | $34,000 (-89.38%) | $320,000 (399.07%) | -$107,000 (0%) | $0 (0%) |
Deferred Revenue | $27,248,000 (51.03%) | $18,041,000 (59.78%) | $11,291,000 (-61.65%) | $29,442,000 (-57.76%) |
Total Investments | $69,419,000 (-13.20%) | $79,974,000 (169.27%) | $29,700,000 (0%) | $0 (0%) |
Investments Current | $69,419,000 (-13.20%) | $79,974,000 (169.27%) | $29,700,000 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $40,633,000 (5.79%) | $38,408,000 (-17.50%) | $46,554,000 (21.27%) | $38,390,000 (-40.67%) |
Trade & Non-Trade Receivables | $57,332,000 (-12.28%) | $65,360,000 (-0.91%) | $65,960,000 (-17.10%) | $79,564,000 (2.47%) |
Trade & Non-Trade Payables | $63,784,000 (15.55%) | $55,201,000 (5.89%) | $52,132,000 (-38.01%) | $84,098,000 (35.27%) |
Accumulated Retained Earnings (Deficit) | -$397,965,000 (-8.30%) | -$367,461,000 (-6.38%) | -$345,425,000 (-19.61%) | -$288,799,000 (-24.07%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $18,357,000 (7.85%) | $17,021,000 (-11.71%) | $19,279,000 (-10.20%) | $21,470,000 (-14.22%) |
Debt Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $18,357,000 (7.85%) | $17,021,000 (-11.71%) | $19,279,000 (-10.20%) | $21,470,000 (-14.22%) |
Total Liabilities | $197,491,000 (8.36%) | $182,262,000 (-1.22%) | $184,506,000 (-21.43%) | $234,838,000 (-16.19%) |
Liabilities Current | $176,762,000 (9.48%) | $161,451,000 (-0.51%) | $162,278,000 (-23.07%) | $210,929,000 (-11.13%) |
Liabilities Non-Current | $20,729,000 (-0.39%) | $20,811,000 (-6.37%) | $22,228,000 (-7.03%) | $23,909,000 (-44.21%) |
ARLO Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $510,886,000 (4.01%) | $491,176,000 (0.16%) | $490,414,000 (12.70%) | $435,137,000 (21.83%) |
Cost of Revenue | $323,382,000 (-0.07%) | $323,613,000 (-8.68%) | $354,379,000 (8.34%) | $327,102,000 (8.40%) |
Selling General & Administrative Expense | $145,857,000 (19.06%) | $122,512,000 (-2.78%) | $126,013,000 (28.06%) | $98,398,000 (-1.76%) |
Research & Development Expense | $73,183,000 (6.61%) | $68,647,000 (6.09%) | $64,709,000 (9.56%) | $59,063,000 (-1.79%) |
Operating Expenses | $222,396,000 (15.55%) | $192,466,000 (-0.23%) | $192,914,000 (14.71%) | $168,173,000 (4.94%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $1,092,000 (-7.06%) | $1,175,000 (20.51%) | $975,000 (44.02%) | $677,000 (8.32%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$30,504,000 (-38.43%) | -$22,036,000 (61.09%) | -$56,626,000 (-1.07%) | -$56,029,000 (44.66%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$30,504,000 (-38.43%) | -$22,036,000 (61.09%) | -$56,626,000 (-1.07%) | -$56,029,000 (44.66%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$30,504,000 (-38.43%) | -$22,036,000 (61.09%) | -$56,626,000 (-1.07%) | -$56,029,000 (44.66%) |
Weighted Average Shares | $98,630,000 (6.34%) | $92,754,000 (6.40%) | $87,173,000 (5.42%) | $82,688,000 (5.90%) |
Weighted Average Shares Diluted | $98,630,000 (6.34%) | $92,754,000 (6.40%) | $87,173,000 (5.42%) | $82,688,000 (5.90%) |
Earning Before Interest & Taxes (EBIT) | -$29,412,000 (-40.99%) | -$20,861,000 (62.51%) | -$55,651,000 (-0.54%) | -$55,352,000 (44.99%) |
Gross Profit | $187,504,000 (11.90%) | $167,563,000 (23.18%) | $136,035,000 (25.92%) | $108,035,000 (95.05%) |
Operating Income | -$34,892,000 (-40.11%) | -$24,903,000 (56.22%) | -$56,879,000 (5.42%) | -$60,138,000 (42.65%) |
ARLO Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $10,840,000 (121.39%) | -$50,686,000 (-59.53%) | -$31,773,000 (-279.18%) | $17,732,000 (546.09%) |
Net Cash Flow from Financing | -$40,767,000 (-169.23%) | -$15,142,000 (-8.61%) | -$13,942,000 (-180.52%) | -$4,970,000 (-21508.70%) |
Net Cash Flow from Operations | $51,306,000 (33.95%) | $38,302,000 (183.33%) | -$45,962,000 (-98.14%) | -$23,197,000 (50.15%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $21,379,000 (177.67%) | -$27,526,000 (69.98%) | -$91,677,000 (-778.55%) | -$10,435,000 (79.35%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $13,528,000 (128.28%) | -$47,839,000 (-60.73%) | -$29,763,000 (-248.81%) | $20,000,000 (24196.39%) |
Capital Expenditure | -$2,688,000 (5.58%) | -$2,847,000 (-41.64%) | -$2,010,000 (11.38%) | -$2,268,000 (41.73%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $3,944,000 (-53.56%) | $8,493,000 (99.37%) | $4,260,000 (-48.24%) | $8,231,000 (73.10%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $68,657,000 (43.19%) | $47,948,000 (-1.09%) | $48,476,000 (27.47%) | $38,030,000 (7.90%) |
Depreciation Amortization & Accretion | $3,200,000 (-31.35%) | $4,661,000 (-2.24%) | $4,768,000 (-20.20%) | $5,975,000 (-41.46%) |
ARLO Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 36.70% (7.62%) | 34.10% (23.10%) | 27.70% (11.69%) | 24.80% (60.00%) |
Profit Margin | -6.00% (-33.33%) | -4.50% (60.87%) | -11.50% (10.85%) | -12.90% (54.42%) |
EBITDA Margin | -5.10% (-54.55%) | -3.30% (68.27%) | -10.40% (7.96%) | -11.30% (55.34%) |
Return on Average Equity (ROAE) | -30.70% (-25.82%) | -24.40% (56.97%) | -56.70% (-20.38%) | -47.10% (29.49%) |
Return on Average Assets (ROAA) | -10.20% (-29.11%) | -7.90% (57.53%) | -18.60% (-12.73%) | -16.50% (34.78%) |
Return on Sales (ROS) | -5.80% (-38.10%) | -4.20% (62.83%) | -11.30% (11.02%) | -12.70% (54.96%) |
Return on Invested Capital (ROIC) | -59.10% (-54.71%) | -38.20% (72.36%) | -138.20% (-148.15%) | 287.00% (160.61%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -36.1 (9.00%) | -39.67 (-634.57%) | -5.4 (64.99%) | -15.43 (-157.44%) |
Price to Sales Ratio (P/S) | 2.16 (20.13%) | 1.8 (188.14%) | 0.62 (-68.69%) | 1.99 (17.03%) |
Price to Book Ratio (P/B) | 11.13 (27.56%) | 8.72 (146.34%) | 3.54 (-54.89%) | 7.85 (70.54%) |
Debt to Equity Ratio (D/E) | 1.96 (10.88%) | 1.76 (-16.11%) | 2.1 (0.91%) | 2.08 (-0.48%) |
Earnings Per Share (EPS) | -0.31 (-29.17%) | -0.24 (63.08%) | -0.65 (4.41%) | -0.68 (47.69%) |
Sales Per Share (SPS) | 5.18 (-2.17%) | 5.29 (-5.88%) | 5.63 (6.92%) | 5.26 (15.04%) |
Free Cash Flow Per Share (FCFPS) | 0.49 (29.06%) | 0.38 (169.45%) | -0.55 (-78.57%) | -0.31 (52.32%) |
Book Value Per Share (BVPS) | 1.02 (-8.09%) | 1.11 (10.64%) | 1.01 (-26.14%) | 1.36 (-20.49%) |
Tangible Assets Book Value Per Share (TABVPS) | 2.91 (-1.52%) | 2.96 (-1.23%) | 3 (-26.37%) | 4.07 (-21.14%) |
Enterprise Value Over EBIT (EV/EBIT) | -36 (12.20%) | -41 (-925.00%) | -4 (69.23%) | -13 (-160.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -40.31 (24.39%) | -53.31 (-1003.27%) | -4.83 (67.62%) | -14.92 (-190.80%) |
Asset Turnover | 1.71 (-3.56%) | 1.77 (9.66%) | 1.61 (26.07%) | 1.28 (43.77%) |
Current Ratio | 1.49 (-4.25%) | 1.55 (8.23%) | 1.43 (-0.35%) | 1.44 (-4.19%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $48,618,000 (37.13%) | $35,455,000 (173.91%) | -$47,972,000 (-88.38%) | -$25,465,000 (49.50%) |
Enterprise Value (EV) | $1,056,612,997 (22.35%) | $863,622,339 (251.25%) | $245,874,215 (-66.63%) | $736,749,779 (58.80%) |
Earnings Before Tax (EBT) | -$29,412,000 (-40.99%) | -$20,861,000 (62.51%) | -$55,651,000 (-0.54%) | -$55,352,000 (44.99%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$26,212,000 (-61.80%) | -$16,200,000 (68.16%) | -$50,883,000 (-3.05%) | -$49,377,000 (45.39%) |
Invested Capital | $46,925,000 (-32.40%) | $69,417,000 (131.51%) | $29,985,000 (191.24%) | -$32,863,000 (-10305.90%) |
Working Capital | $85,844,000 (-3.64%) | $89,084,000 (26.35%) | $70,504,000 (-23.94%) | $92,693,000 (-22.24%) |
Tangible Asset Value | $287,362,000 (4.69%) | $274,500,000 (5.11%) | $261,163,000 (-22.38%) | $336,452,000 (-16.50%) |
Market Capitalization | $1,122,819,997 (24.64%) | $900,864,339 (190.10%) | $310,536,215 (-64.88%) | $884,300,779 (43.63%) |
Average Equity | $99,255,750 (9.83%) | $90,369,000 (-9.50%) | $99,855,250 (-16.09%) | $118,997,750 (-21.46%) |
Average Assets | $299,085,750 (7.85%) | $277,319,750 (-8.69%) | $303,721,250 (-10.59%) | $339,697,750 (-15.23%) |
Invested Capital Average | $49,757,750 (-8.84%) | $54,581,250 (35.54%) | $40,268,000 (308.79%) | -$19,286,250 (-190.75%) |
Shares | 100,341,376 (6.04%) | 94,628,607 (6.96%) | 88,471,856 (4.95%) | 84,299,407 (6.66%) |
