공시 • Jul 06
Absolute Software Corporation Obtains Final Order for Plan of Arrangement from the Supreme Court of British Columbia Absolute Software Corporation announced that the Company has obtained a final order from the Supreme Court of British Columbia approving the previously announced acquisition of all of the outstanding shares of Absolute (the Shares) by 1414364 B.C. LTD., an affiliate of Crosspoint Capital Partners, L.P. ("Crosspoint") by way of a statutory plan of arrangement (the "Transaction" or the "Arrangement"). Under the terms of the Arrangement, Absolute's shareholders will receive USD 11.50 for each Share held (the "Consideration"). 공시 • Jun 15
Absolute Software Adds Secure Web Gateway Service to Its Differentiated Security Service Edge Solution Absolute Software announced the expansion of its differentiated Security Service Edge (SSE) solution with the launch of the Absolute Secure Web Gateway Service. Optimized for hybrid and mobile work models, this new extended offering builds on existing capabilities available in Absolute Secure Access – including Absolute ZTNA and Absolute Insights™ for Network – and empowers organizations to strengthen security, boost productivity, and ensure compliance with internal IT and security policies. With the shift to the work-from-anywhere model, web browsing has become a primary access point for the average employee to perform day-to-day responsibilities - from checking email to sharing files to collaborating. It is estimated that 75% of enterprise work happens via the browser. This large-scale adoption has also left enterprise security teams scrambling to strengthen their defenses against malicious actors exploiting the browser as a top attack vector. A recent report revealed that more than 90% of organizations surveyed have experienced a web or mobile attack. The Absolute Secure Web Gateway Service, powered by Ericom, provides cloud-delivered security and protections, including multiple anti-virus scans; remote browser isolation; content disarm and reconstruction; and data loss prevention. It inspects web content in a cloud container before delivering it to the user’s web browser, enabling users to access links and download files without disruption – and without exposing their organization to increased risk. The Absolute Secure Web Gateway Service is integrated with the extensive policy capabilities already available in Absolute Secure Access, enabling IT and security practitioners to tailor security levels for individuals and groups based on risk level, workflows, location, network, and other key parameters. Additionally, by feeding data to Absolute Insights for Network, IT and security teams have access to real-time intelligence to quickly assess security posture and identify where to take action to mitigate threats. Other key business and security benefits of this extended offering include: Optimized end user experience: The ability to automatically restore unhealthy network connections and applications, coupled with increased visibility into network health and security posture, actively improves the end user experience – boosting worker productivity and efficiency; Stronger security and compliance posture: Organizations can now better meet compliance policies and regulations across their device estate and reduce risk of sensitive data loss or leakage associated with intentional or inadvertent file uploads by users; Advanced malware protection: Evaluates webpages, files, software, and application data to find and eliminate malware threats, and blocks malware (including zero-day threats) from reaching endpoints and networks. Reported Earnings • May 16
Third quarter 2023 earnings released: US$0.075 loss per share (vs US$0.13 loss in 3Q 2022) Third quarter 2023 results: US$0.075 loss per share (improved from US$0.13 loss in 3Q 2022). Revenue: US$58.8m (up 13% from 3Q 2022). Net loss: US$3.97m (loss narrowed 39% from 3Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Upcoming Dividend • May 03
Upcoming dividend of CA$0.08 per share at 2.8% yield Eligible shareholders must have bought the stock before 10 May 2023. Payment date: 24 May 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.6%). Buying Opportunity • Feb 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €10.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 34% in 2 years. Earnings is forecast to grow by 70% in the next 2 years. Recent Insider Transactions • Feb 26
Insider recently sold €183k worth of stock On the 23rd of February, William Morris sold around 22k shares on-market at roughly €8.43 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €211k more than they bought in the last 12 months. Reported Earnings • Feb 16
Second quarter 2023 earnings released: US$0.13 loss per share (vs US$0.10 loss in 2Q 2022) Second quarter 2023 results: US$0.13 loss per share (further deteriorated from US$0.10 loss in 2Q 2022). Revenue: US$57.2m (up 17% from 2Q 2022). Net loss: US$7.00m (loss widened 37% from 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. 공시 • Feb 01
Absolute Software Corporation to Report Q2, 2023 Results on Feb 14, 2023 Absolute Software Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 14, 2023 Upcoming Dividend • Feb 01
Upcoming dividend of CA$0.08 per share at 2.0% yield Eligible shareholders must have bought the stock before 08 February 2023. Payment date: 23 February 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%). 공시 • Jan 19
Absolute Software Corporation Declares Quarterly Dividend, Payable on February 23, 2023 Absolute Software Corporation announced that its Board of Directors has declared a quarterly dividend of CAD 0.08 per share on its common shares, payable in cash on February 23, 2023 to shareholders of record at the close of business on February 9, 2023. Reported Earnings • Nov 10
First quarter 2023 earnings released: US$0.18 loss per share (vs US$0.15 loss in 1Q 2022) First quarter 2023 results: US$0.18 loss per share (further deteriorated from US$0.15 loss in 1Q 2022). Revenue: US$53.6m (up 22% from 1Q 2022). Net loss: US$9.49m (loss widened 25% from 1Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Nov 09
Upcoming dividend of CA$0.08 per share Eligible shareholders must have bought the stock before 16 November 2022. Payment date: 25 November 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (2.0%). Reported Earnings • Aug 24
Full year 2022 earnings released: US$0.49 loss per share (vs US$0.079 profit in FY 2021) Full year 2022 results: US$0.49 loss per share (down from US$0.079 profit in FY 2021). Revenue: US$197.3m (up 63% from FY 2021). Net loss: US$24.5m (down US$28.2m from profit in FY 2021). Over the next year, revenue is forecast to grow 20%, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Aug 03
Upcoming dividend of CA$0.08 per share Eligible shareholders must have bought the stock before 10 August 2022. Payment date: 26 August 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%). Reported Earnings • May 12
Third quarter 2022 earnings released: US$0.13 loss per share (vs US$0.045 profit in 3Q 2021) Third quarter 2022 results: US$0.13 loss per share (down from US$0.045 profit in 3Q 2021). Revenue: US$52.0m (up 70% from 3Q 2021). Net loss: US$6.46m (down 389% from profit in 3Q 2021). Over the next year, revenue is forecast to grow 29%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Upcoming Dividend • May 04
Upcoming dividend of CA$0.08 per share Eligible shareholders must have bought the stock before 11 May 2022. Payment date: 25 May 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.1%). Higher than average of industry peers (2.0%). Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andre Mintz was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 09
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: US$0.10 loss per share (down from US$0.039 profit in 2Q 2021). Revenue: US$49.1m (up 64% from 2Q 2021). Net loss: US$5.12m (down 369% from profit in 2Q 2021). Revenue missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 41%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Feb 04
Upcoming dividend of CA$0.08 per share Eligible shareholders must have bought the stock before 10 February 2022. Payment date: 25 February 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.6%). Recent Insider Transactions • Nov 17
Independent Chairman recently bought €86k worth of stock On the 15th of November, Daniel Ryan bought around 10k shares on-market at roughly €8.64 per share. In the last 3 months, there was an even bigger purchase from another insider worth €91k. This was Daniel's only on-market trade for the last 12 months. Reported Earnings • Nov 10
First quarter 2022 earnings released: US$0.15 loss per share (vs US$0.061 profit in 1Q 2021) The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: US$43.7m (up 54% from 1Q 2021). Net loss: US$7.57m (down 391% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Recent Insider Transactions • Aug 27
CEO, President & Director recently bought €91k worth of stock On the 24th of August, Christy Wyatt bought around 9k shares on-market at roughly €9.97 per share. This was the largest purchase by an insider in the last 3 months. This was Christy's only on-market trade for the last 12 months. Reported Earnings • Aug 12
Full year 2021 earnings released: EPS US$0.079 (vs US$0.25 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$120.8m (up 15% from FY 2020). Net income: US$3.73m (down 65% from FY 2020). Profit margin: 3.1% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Aug 03
Upcoming dividend of CA$0.08 per share Eligible shareholders must have bought the stock before 10 August 2021. Payment date: 27 August 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.5%). Executive Departure • Jul 01
Chief Commercial Officer Sean Maxwell has left the company On the 30th of June, Sean Maxwell's tenure as Chief Commercial Officer ended after 5.5 years in the role. As of March 2021, Sean still personally held only 2.33k shares (€26k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.67 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • May 13
Third quarter 2021 earnings released: EPS US$0.045 (vs US$0.053 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$30.7m (up 18% from 3Q 2020). Net income: US$2.23m (down 1.1% from 3Q 2020). Profit margin: 7.3% (down from 8.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 37% per year. Upcoming Dividend • May 06
Upcoming dividend of CA$0.08 per share Eligible shareholders must have bought the stock before 13 May 2021. Payment date: 28 May 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 16% share price gain to US$13.20, the stock trades at a trailing P/E ratio of 76.3x, up from the previous P/E ratio of 65.9x. Average P/E is 32x in the Software industry in Germany. Total returns to shareholders over the past three years are 258%. Is New 90 Day High Low • Feb 12
New 90-day high: €13.00 The company is up 50% from its price of €8.65 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.78 per share. Reported Earnings • Feb 11
Second quarter 2021 earnings released: EPS US$0.039 (vs US$0.065 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$29.9m (up 16% from 2Q 2020). Net income: US$1.90m (down 30% from 2Q 2020). Profit margin: 6.4% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue beats expectations Revenue exceeded analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 12%, compared to a 25% growth forecast for the Software industry in Germany. 공시 • Feb 10
Absolute Software Corporation Raises Earnings Guidance for the Full Year Fiscal 2021 Absolute Software Corporation raised earnings guidance for the full year fiscal 2021. For the period, the company raising its outlook on revenue from $116 million to $118 million (representing 11% to 13% annual growth) to $117 million to $119 million (representing 12% to 14% annual growth). Upcoming Dividend • Feb 04
Upcoming Dividend of CA$0.08 Per Share Will be paid on the 26th of February to those who are registered shareholders by the 11th of February. The trailing yield of 1.9% is below the top quartile of German dividend payers (3.4%), but it is higher than industry peers (1.4%). 공시 • Jan 29
Absolute Software Announces Prioritized by FedRAMP Joint Authorization Board Absolute Software announced that it has been prioritized by the United States Federal Risk and Authorization Management Program (FedRAMP) to pursue a Provisional Authority to Operate (P-ATO) from the Joint Authorization Board (JAB). The JAB is the primary governance and decision-making body for FedRAMP, and is comprised of the Chief Information Officers (CIOs) from the Department of Homeland Security (DHS), the General Services Administration (GSA), and the Department of Defense (DOD). 공시 • Jan 20
Absolute Software Helps Customers Secure Remote Access and Communication with Expanding Ecosystem of Self-Healing Applications Absolute Software announced customers can now autonomously self-heal more of the critical applications they rely on to secure remote access and communication for their distributed workforces. Using Absolute’s Application Persistence™ service, IT and security administrators can help ensure the Netskope Cloud Access Security Broker (CASB) and Next-Gen Secure Web Gateway (NG-SWG) – in addition to more than 40 other leading endpoint security agents and productivity tools – remain installed, healthy, and undeletable. Anchored by its firmware-embedded Persistence capabilities residing in more than 500 million endpoints, Absolute provides an undeletable digital tether to every device to help ensure the highest levels of resiliency. Absolute’s Application Persistence service leverages this unbreakable, two-way connection to monitor mission-critical security applications’ health and behavior, identify if missing or corrupted, and automatically repair or reinstall components when necessary - without requiring human intervention. To enable remote workers to securely access corporate networks and systems, Absolute Resilience customers can now also monitor and self-heal the Palo Alto Networks GlobalProtect security platform, in addition to several previously announced virtual private network (VPN) tools: Cisco AnyConnect Secure Mobility Client, F5 BIG-IP Edge Client, and Pulse Connect Secure. Customers who would like to learn more about purchasing Absolute’s Application Persistence service as a standalone add-on to their current product offering should contact their authorized Absolute reseller or an Absolute sales representative. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 22% share price gain to US$11.50, the stock is trading at a trailing P/E ratio of 59.1x, up from the previous P/E ratio of 48.6x. This compares to an average P/E of 28x in the Software industry in Germany. Total returns to shareholders over the past three years are 184%. 공시 • Jan 13
Absolute Software Corporation to Report Q2, 2021 Results on Feb 09, 2021 Absolute Software Corporation announced that they will report Q2, 2021 results After-Market on Feb 09, 2021 공시 • Nov 25
Absolute® Announces New Capabilities That Provide IT and Security Teams with Advanced Insights into Software and Web Usage Across Their Distributed Endpoint Device Fleets Absolute® announced new capabilities that provide IT and Security teams with advanced insights into software and web usage across their distributed endpoint device fleets. With Absolute’s new Software Inventory and Web Usage analytics, organizations can maximize returns on software investments and find potential cost savings; help ensure employees have the tools they need to work productively and securely from anywhere; and identify potential security vulnerabilities or blind spots arising from unsanctioned, insecure apps or web content. With a firmware-embedded position in more than half a billion endpoints, Absolute enables a permanent digital tether capable of delivering unbreakable visibility and a persistent stream of data whether a device is on or off the corporate network. The latest enhancements to the Absolute Resilience® platform enable enterprise organizations to: Streamline software audits: Automatically scan for installed software applications to keep software inventory up to date, ensure optimal deployment of new apps, and monitor adoption of web-based apps. Minimize complexity and waste: Detect app version complexities and redundancies, as well as potential license excess that could drive cost savings.? Boost employee productivity: Detect use of unapproved installed or web-based apps, to minimize ‘Shadow IT’ and identify any unmet employee software needs. Surface security and compliance risks: Identify unapproved apps or versions running on corporate devices, as well as users bypassing web filters and accessing insecure web content, to help mitigate potential security and compliance risks. Is New 90 Day High Low • Nov 19
New 90-day low: €8.35 The company is down 16% from its price of €9.90 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.15 per share. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue beats expectations Revenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 12%, compared to a 13% growth forecast for the Software industry in Germany. Reported Earnings • Nov 11
First quarter 2021 earnings released: EPS US$0.061 The company reported a soft first quarter result with weaker earnings and profit margins, although revenues were improved. First quarter 2021 results: Revenue: US$28.5m (up 11% from 1Q 2020). Net income: US$2.60m (down 25% from 1Q 2020). Profit margin: 9.1% (down from 14% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. 공시 • Nov 10
Absolute Software Corporation Revises Earnings Guidance for the Full Year of 2021 Absolute Software Corporation revised earnings guidance for the full year of 2021. For the year, the company narrowing its outlook on revenue from $112 million to $118 million (representing 7% to 13% annual growth), to $116 million to $118 million (representing 11% to 13% annual growth). Upcoming Dividend • Nov 05
Upcoming Dividend of CA$0.08 Per Share Will be paid on the 30th of November to those who are registered shareholders by the 12th of November. The trailing yield of 2.1% is below the top quartile of German dividend payers (3.9%), but it is higher than industry peers (1.6%). 공시 • Nov 05
Sound Physicians Selects Absolute Resilience Absolute announced that Sound Physicians has selected Absolute Resilience® to secure remote endpoints that routinely process and store sensitive patient data protected by the Health Insurance Portability and Accountability Act (HIPAA). Sound Physicians, a physician-led operator of medical clinics across the U.S., employs healthcare workers in various medical settings including clinics, hospitals, and others. With a small, centralized IT team responsible for managing more than 1,700 devices with a vast amount of protected health information (PHI) stored on them, asset management was a significant challenge. When the pandemic hit and healthcare workers began working from home, the complexity of protecting remote devices and data increased exponentially. By deploying Absolute Resilience, Sound Physicians gained an undeletable tether to every device, enabling them to track all devices, freeze, and even wipe them when needed. The company is able to use Absolute’s geolocation services to track the location of its devices to ensure that no PHI leaves the country. Sound Physicians is also working toward its HITRUST certification. The insights within the Absolute console provide them with the information they need easily and quickly - including encryption status and what type is used, OS types, serial numbers, freezing capabilities and more. 공시 • Nov 03
Absolute Software Corporation to Report Q1, 2021 Results on Nov 09, 2020 Absolute Software Corporation announced that they will report Q1, 2021 results at 4:00 PM, US Eastern Standard Time on Nov 09, 2020 공시 • Oct 16
Absolute Unveils Enhanced Global Partner Program Absolute® announced a new program designed to increase revenue opportunities and tools for its global ecosystem of channel partners and resellers. The Absolute Partner Program provides enhanced resources, training, support and benefits across Absolute’s global network of channel partners, resellers, distributors, managed service providers, and system integrators. The revamped program offers partners a number of benefits based on a tiered structure – notably, an enhanced deal registration program, access to ROI-building tools, marketing resources, and marketing development funds (MDF) eligibility based on partner level. The value created for partners includes the following: Frictionless Sales Motion: Absolute’s offerings can complement and strengthen existing security solutions, helping to maximize their effectiveness and ROI. Easy-to-Sell Embedded Solution: Absolute is the only security solution already embedded in the firmware of more than 500 million endpoints. Predictable Recurring Revenue: A subscription license with upsell options provides partners with ongoing revenue streams. Incremental Margin: Adding Absolute can help add margin to hardware laptop/desktop opportunities. Customer Retention: Customers value unique capabilities like Absolute’s Application Persistence™ service and its ability to help ensure compliance, which leads to higher retention rates. The partner program also provides foundational education tools, updates, and support resources to assist sales and technical professionals to meet their revenue targets and support strategic initiatives. Training delivery options include online, self-paced materials and access to Absolute’s Learning Hub, webcasts and other tools and resources available on the Partner Center. 공시 • Oct 15
Absolute Launches New Mobile App to Enable Customers to Secure At-Risk Endpoints Anytime, Anywhere Absolute announced the launch of its new Absolute Control Absolute Control® mobile app, designed to help customers secure endpoint devices and protect sensitive data while on the go. The user-friendly app extends the power of the Absolute console, enabling IT and Security teams to easily locate lost or stolen devices, check the health of critical endpoint security agents, and take swift action to lock a device if it is determined to be at risk. The mobile app can be downloaded to iOS or Android devices, and is available to existing customers at no additional cost. Recent data from Absolute's Remote Work and Distance Learning Insights Center shows an 87% increase in the amount of sensitive data identified on endpoint devices compared to pre-COVID-19, and underscores the fragility of mission-critical endpoint security controls like antivirus, anti-malware, and encryption. The ability to take immediate action to secure a lost or stolen device is vital in stopping sensitive data from being exposed and putting an entire organization at risk of breach or attack, especially in remote and hybrid work and learning environments. As an extension of the Absolute console, the mobile app delivers easy access to critical capabilities including: The ability to identify and lock potentially compromised devices to help ensure sensitive organizational or personal data does not end up in the wrong hands. The ability to easily view the status of endpoint security controls to confirm they are installed, healthy, and working effectively. The ability to quickly restore user access once it is determined that a device is no longer at risk of compromise. Is New 90 Day High Low • Oct 14
New 90-day high: €11.30 The company is up 18% from its price of €9.60 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.45 per share. 공시 • Oct 06
Absolute Accelerates Endpoint Resilience and Operational Agility for Customers in Era of Remote Work and Distance Learning Absolute® announced limited-time offers for customers to purchase critical add-on capabilities, including Absolute's Application PersistenceTM service and Absolute Reach® portfolio, previously available only with the company's top-tier Resilience edition. Absolute is also extending its previously announced COVID-19 related support offers, providing existing customers with the ability to self-heal existing virtual private network (VPN) applications and more seamlessly secure, manage, and patch remote devices at no additional cost through October 30, 2020. Absolute's Application Persistence service enables customers with the ability to self-heal more than 40 security and productivity applications to ensure they remain healthy, active, and undeletable. Leveraging its unique firmware-embedded position, Absolute's Persistence technology is able to identify if mission-critical controls are missing, disabled, or not working as intended and, if necessary, automatically prompt repairs or reinstallation. Absolute Reach, with a comprehensive library of more than 130 automated, custom workflows, allows IT and Security teams to easily run queries or reports and then take widespread remedial action - such as enforcing patch installations, or turning on or repairing VPN applications, which can be executed even if a device is off the corporate network. This is the first time Absolute has made these capabilities available to customers as standalone add-ons to their current product offering. A recent survey of IT decision-makers by 451 Research found that 67% of respondents expect that their work-from-home policies will become permanent, or at least remain in place for the long term. By providing more flexible access to key Resilience features, Absolute is equipping many more customers to adapt to continuously changing conditions and securely mobilize employees, students, and devices as needed, amid the ongoing COVID-19 impacts. Absolute's Remote Work and Distance Learning Insights Center provides enterprise and education organizations with regularly updated data and resources to benchmark the resilience of their remote device environments against more than nine million Absolute-enabled endpoints. In the most recent findings, Absolute's anonymized endpoint data showed the average delay for deploying the latest patches to Windows 10 enterprise devices was more than two months (79 days), and nearly one in four enterprise devices (24%) had a VPN considered to be out of compliance. Looking specifically at enterprise customers with Absolute's Application Persistence service turned on, the percentage of devices with a healthy and compliant VPN jumped to 96 percent during the same time period. To learn more about Absolute's Application Persistence tools for VPN and how to take advantage of this extended offer, click here. To learn more about Absolute Reach capabilities and how to take advantage of this offer, click here. Customers who would like to learn more about purchasing Absolute's Application Persistence and Absolute Reach services as standalone add-ons to their current product offering should contact their authorized Absolute reseller or an Absolute sales representative.