Axon
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 681m | 863m | 1.2b | 1.6b | 2.0b | 2.5b | 2.9b |
% growth | 28 % | 27 % | 38 % | 31 % | 30 % | 21 % | 19 % |
EBITDA | (1.7m) | (149m) | 118m | 237m | 476m | 617m | 795m |
% EBITDA margin | - | (17 %) | 10 % | 15 % | 23 % | 25 % | 27 % |
Profit | (1.7m) | (60.0m) | 147m | 174m | 183m | 233m | 338m |
% profit margin | - | (7 %) | 12 % | 11 % | 9 % | 9 % | 11 % |
EV / revenue | 10.6x | 11.9x | 9.1x | 12.0x | 13.2x | 10.7x | 8.8x |
EV / EBITDA | -4313.4x | -69.0x | 92.1x | 79.0x | 56.4x | 42.8x | 32.6x |
R&D budget | 123m | 194m | 234m | 304m | - | - | - |
R&D % of revenue | 18 % | 22 % | 20 % | 19 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
N/A | $246m | Post IPO Equity | |
N/A | Convertible | ||
Total Funding | - |
Recent News about Axon
EditAxon (Nasdaq: AXON) is a global leader in public safety technology, dedicated to enhancing the safety and effectiveness of law enforcement and public safety agencies. The company offers a comprehensive suite of products, including smart weapons like TASER devices, body-worn cameras, in-car video systems, and advanced software solutions for evidence management and real-time situational awareness.
Axon's primary clients are law enforcement agencies, public safety organizations, and security professionals worldwide. The company operates in the public safety and security market, which is driven by the need for advanced technology to improve safety, accountability, and operational efficiency.
The business model of Axon revolves around the development, manufacturing, and sale of its hardware products, such as TASER devices and cameras. Additionally, Axon generates significant revenue through its software-as-a-service (SaaS) offerings, which include cloud-based evidence management and data analytics platforms. These software solutions provide recurring revenue streams through subscription fees, ensuring a steady and predictable income.
Axon makes money by selling its hardware products directly to public safety agencies and through long-term contracts for its software services. The company also offers training and support services, which add to its revenue streams. By continuously innovating and expanding its product portfolio, Axon aims to maintain its leadership position in the market and drive sustainable growth.
In summary, Axon is a key player in the public safety technology sector, providing essential tools and solutions to law enforcement and public safety agencies to help them protect lives and enhance accountability.
Keywords: public safety, law enforcement, TASER, body cameras, evidence management, SaaS, security, technology, cloud-based, accountability.