Company Quick10K Filing
Arlo Technologies
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 75 $292
10-Q 2019-11-08 Quarter: 2019-09-29
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-06 Quarter: 2019-03-31
10-K 2019-02-22 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
S-1 2018-07-06 Public Filing
10-Q 2018-08-27 Quarter: 2018-07-01
8-K 2020-02-24 Earnings, Exhibits
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-11-04 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-08-06 Earnings, Exhibits
8-K 2019-07-19 Shareholder Vote
8-K 2019-05-13 Other Events, Exhibits
8-K 2019-05-07 Officers
8-K 2019-05-01 Officers
8-K 2019-04-30 Enter Agreement, Exhibits
8-K 2019-04-30 Earnings, Exhibits
8-K 2019-02-22 Earnings
8-K 2019-02-05 Earnings, Exhibits
8-K 2018-12-31 Shareholder Rights, Other Events
8-K 2018-12-31 Control, Officers, Exhibits
8-K 2018-12-03 Other Events, Exhibits
8-K 2018-10-26 Officers
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-08-02 Regulation FD, Exhibits
8-K 2018-08-01 Enter Agreement, Sale of Shares, Officers, Amend Bylaw, Code of Ethics, Regulation FD, Exhibits

Arlo Technologies Financials

ARLO Metrics, Comps, Filings

Annual | Quarterly

Business

Arlo Technologies, Inc. ("we", "Arlo" or the "Company") combines an intelligent cloud infrastructure and mobile app with a variety of smart connected devices that transform the way people experience the connected lifestyle. Our cloud-based platform creates a seamless, end-to-end connected lifestyle solution that provides users visibility, insight and a powerful means to help protect and connect with the people and things that matter most to them. Arlo enables users to monitor their environments and engage in real-time with their families and businesses from any location with a Wi-Fi or a cellular network internet connection. To date, we have launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and LTE-enabled cameras, advanced baby monitors, smart security lights, and an audio doorbell that works in conjunction with Arlo Cameras. In addition, Arlo's broad compatibility allows the platform to seamlessly integrate with third-party internet-of-things ("IoT") products and protocols, such as Amazon Alexa, Apple HomeKit, Apple TV, Google Assistant, IFTTT, Stringify and Samsung SmartThings. Since the launch of our first product in December 2014, we have shipped over 11.7 million smart connected devices, and, as of December 31, 2018, our smart platform had approximately 2.85 million cumulative registered users across more than 100 countries around the world. We plan to continue to introduce new smart connected devices to the Arlo platform in new categories, increase the number of registered users on our platform, keep them highly engaged through our mobile app and generate incremental recurring revenue by offering them paid subscription services.

On February 6, 2018, NETGEAR, Inc., Arlo's former parent company ("NETGEAR"), announced that its board of directors had unanimously approved the pursuit of a separation of its Arlo business from NETGEAR (the "Separation") to be effected through an initial public offering (the "IPO") of newly issued shares of the common stock of Arlo Technologies, Inc., a wholly owned subsidiary of NETGEAR. On August 2, 2018, NETGEAR and Arlo announced the pricing of the IPO of 10,215,000 shares of Arlo's common stock at a price to the public of $16.00 per share. On August 3, 2018, Arlo's shares began trading on the New York Stock Exchange under the ticker symbol "ARLO." On August 7, 2018, we completed the IPO of 11,747,250 shares of common stock (including 1,532,250 shares of common stock pursuant to the underwriters' option to purchase additional shares, which was exercised in full on August 3, 2018), at $16.00 per share, before underwriting discounts and commissions and estimated offering costs and NETGEAR owned approximately 84.2% of the shares of Arlo's outstanding common stock.

On November 29, 2018, NETGEAR announced that its board of directors had approved a special stock dividend (the "Distribution") to NETGEAR stockholders of the 62,500,000 shares of Arlo common stock owned by NETGEAR, representing approximately 84.2% of the outstanding shares of Arlo common stock.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
General Electric (GE) 90,792,000 17% 10.4 2% 312,109,000 255,980,000 116,903,000 19,685,000 4,980,000 14,104,000 146,965,000
Sony (SNE) 54,892,990 0% 20,981,586,000 16,536,095,000 0 0 0 0 -678,087,010
Emerson Electric (EMR) 40,584,264 42% 12.1 10% 21,317,000 12,562,000 18,289,000 7,752,000 2,221,000 3,576,000 43,317,264
PHILIPS (PHG) 32,124,429 0% 26,019,000 0 0 0 0 32,124,429
Whirlpool (WHR) 9,164,764 17% 6.9 5% 19,855,000 16,188,000 20,932,000 3,589,000 932,000 1,837,000 12,683,764
AO Smith (AOS) 7,770,241 40% 12.8 13% 3,175,600 1,450,500 3,080,200 1,244,500 422,300 614,200 7,847,241
iRobot (IRBT) 2,596,154 49% 17.9 11% 801,015 221,439 1,147,032 559,433 86,847 137,989 2,463,359
Knowles (KN) 1,631,828 39% 9.1 5% 1,585,800 358,600 845,000 329,000 80,100 191,500 1,750,128
Sonos (SONO) 1,311,126 42% 37.2 4% 643,918 355,493 1,239,603 519,349 23,114 27,210 1,012,648
Universal Electronics (UEIC) 575,730 21% 23.9 -3% 578,293 317,422 731,079 151,710 -16,214 21,980 526,165
Nacco Industries (NC) 349,720 27% 3.7 11% 399,180 127,030 151,943 41,751 43,209 69,553 259,299
Pope Resources Partnership (POPE) 299,221 34% 20.4 1% 514,375 103,672 35,017 6,482 14,407 293,241
Arlo Technologies (ARLO) 292,190 12% -1.7 -31% 415,462 212,232 394,810 46,323 -127,274 -116,102 195,006
Landec (LNDC) 277,352 14% 21.8 0% 519,091 248,947 558,047 80,359 411 17,158 373,387
LRAD (LRAD) 91,441 46% 45.4 1% 42,016 7,284 32,529 14,882 420 1,757 79,672
Emerson Radio (MSN) 20,622 0% -5.8 -6% 41,642 3,901 8,332 35 -2,574 -2,292 13,362
Koss (KOSS) 14,816 31% 14.6 2% 23,235 8,163 21,842 6,820 434 862 12,587
Integrated Media Technology (IMTE)
Viomi Technology (VIOT)

Balance Sheet ($'000)2018-12-31
Cash4,134
Accounts Receivable166,045
Inventory124,791
PP&E49,428
Assets595,946
Accounts Payable82,542
Long-Term Debt
Liabilities326,444
Stockholders' Equity269,502
Income Statement ($'000)2018-12-31
Revenue464,918
Cost of Revenue372,843
Gross Profit92,075
R&D58,794
SG&A80,802
Tax772
Net Income-75,483
Cash Flow ($'000)2018-12-31
Cash Operating-17,686
Cash Investing-71,285
Cash Financing244,287