Absolute Software Corp. Stock
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Your prediction
Pros and Cons of Absolute Software Corp. in the next few years
Pros
Cons
Performance of Absolute Software Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Absolute Software Corp. | - | - | - | - | - | - | - |
| A10 Networks | 1.620% | 3.281% | -0.159% | -3.893% | 4.655% | - | - |
| All For One Steeb AG | 1.320% | 6.944% | 5.842% | 48.434% | 29.684% | -0.965% | 22.222% |
| Allgeier SE | -3.530% | 4.313% | 2.707% | -31.625% | -9.579% | -20.370% | -25.862% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon examining the financial statements of Absolute Softwr in the Software & IT Services industry, it appears that the company has been facing a challenging financial situation in recent years. With fluctuating net income and substantial increases in liabilities and debt, the company has several areas of concern. However, there are also positives to be found within the financials, indicating potential growth opportunities and overall financial resilience.
Revenue growth: Absolute Softwr's total revenue has been increasing consistently over the years. From 2020 to 2022, the total revenue increased from $104.7 million to $197.3 million, indicating that the company is succeeding in growing its top line.
Gross Profit Increase: The gross profit has also been consistently growing, reaching $160.5 million in 2022, indicating an improvement in the company's core business operations.
