Alarm.com Went Public Today & is Up Over 20%

MONDAY,29 JUNE 2015 The Domains
According to the news from Domain.cn on June 29th,Alarm.com went public today in a IPO at $14 a share which gives the company a market valuation of about $627.9 million.

However shares are currently trading at almost $17 a share over 20% higher than the IPO price.

The ticker symbol is “ALRM”.

The company reported more than 2.3 million subscribers.

The company reported a net profit of $13.5 million last year, compared with $4.5 million in 2013 and $8.9 million in 2012, while revenue surged to $167.3 million in 2014, from $130.2 the year before and $96.5 million in 2012.

The company Alarm.com Holdings Inc. was founded in 2000 as a unit of MicroStrategy Inc.

The domain name Alarm.com according to DomainTools.com has been owned by MicroStrategy Incorporated since 2000.

While a domain in of itself does not a public company, its hard to argue that this company would not have had the success it had without the category killer domain.

Comments are closed.