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

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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.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. Patricia Kaehler says

    The word “alarm” drew me in…
    I am doing research for: ArmedAndAlarmed.com
    So many options for these two categories (in consumer goods per topic)… I find the research fascinating…
    Things I didn’t even know existed…
    ~Patricia

  2. RaTeaD says

    mr. michael saylor of microstrategy.com has used his early adoption strategy to aquire names like michael.com and left poor suckers like you and me to aquire stupid names like themichael.com. soooooooooo… youwannabuy themichael.com?

  3. Jonathan says

    ” its hard to argue that this company would not have had the success it had without the category killer domain.” Soooo true.

  4. William says

    Wow… That shows the true power of a great domain name!

    A beautiful name coupled with a great product is a recipe for success…