Absolute Software Corporation

NasdaqGS:ABST Stock Report

Market Cap: US$608.9m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Absolute Software Future Growth

Future criteria checks 4/6

Absolute Software is forecast to grow earnings and revenue by 87.9% and 14.3% per annum respectively while EPS is expected to grow by 90.7% per annum.

Key information

87.9%

Earnings growth rate

90.7%

EPS growth rate

Software earnings growth17.6%
Revenue growth rate14.3%
Future return on equityn/a
Analyst coverage

Low

Last updated27 Jul 2023

Recent future growth updates

Recent updates

Absolute Software declares CAD 0.08 dividend

Oct 20

Absolute Software: Rising Star In The $240.27 Billion Cybersecurity Industry

Oct 04

Absolute Software: Blistering Growth With A $47B Remote Work Opportunity

Sep 16

Absolute Software Non-GAAP EPS of $0.08 beats by $0.01, revenue of $54M beats by $0.9M

Aug 23

Absolute Software Crosses Revenue Milestone In FQ3 Results

Jul 26

I Buy The Dip Of Absolute Software Because Of New Acquisition And Third-Party Tools

Feb 04

Earnings and Revenue Growth Forecasts

NasdaqGS:ABST - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/20253063961013
6/30/2024263-851563
6/30/2023232-2342464
3/31/2023222-263739N/A
12/31/2022215-284042N/A
9/30/2022207-265356N/A
6/30/2022197-243840N/A
3/31/2022177-224243N/A
12/31/2021155-133033N/A
9/30/2021136-62931N/A
6/30/202112144447N/A
3/31/202111694347N/A
12/31/202011294143N/A
9/30/2020108102932N/A
6/30/2020105112125N/A
3/31/2020103101317N/A
12/31/2019102111014N/A
9/30/2019100101014N/A
6/30/2019998710N/A
3/31/2019988912N/A
12/31/20189671013N/A
9/30/20189551114N/A
6/30/20189431013N/A
3/31/201893-258N/A
12/31/201792-336N/A
9/30/201792-4-21N/A
6/30/201791-5-31N/A
3/31/201790-4-7-1N/A
12/31/201689-3N/A-1N/A
9/30/2016878N/A2N/A
6/30/20168910N/A5N/A
3/31/20169010N/A9N/A
12/31/20159312N/A14N/A
9/30/2015945N/A19N/A
6/30/2015945N/A23N/A
3/31/2015946N/A22N/A
12/31/2014945N/A21N/A
9/30/2014923N/A19N/A
6/30/2014914N/A15N/A
3/31/2014903N/A17N/A
12/31/2013861N/A18N/A
9/30/2013852N/A18N/A
6/30/2013832N/A18N/A
3/31/201381-1N/A19N/A
12/31/2012781N/A17N/A
9/30/2012761N/A19N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABST is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: ABST is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ABST is expected to become profitable in the next 3 years.

Revenue vs Market: ABST's revenue (14.3% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: ABST's revenue (14.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ABST's Return on Equity is forecast to be high in 3 years time

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/28 16:56
End of Day Share Price 2023/07/26 00:00
Earnings2023/03/31
Annual Earnings2022/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Absolute Software Corporation is covered by 22 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thanos MoschopoulosBMO Capital Markets Equity Research
Thomas WalkleyCanaccord Genuity
Ralph GarceaCantor Fitzgerald Canada Corporation