N-able, Inc.

NABL · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$466,147$421,880$371,769$346,456
% Growth10.5%13.5%7.3%
Cost of Goods Sold$80,679$68,208$58,610$52,432
Gross Profit$385,468$353,672$313,159$294,024
% Margin82.7%83.8%84.2%84.9%
R&D Expenses$90,714$78,180$63,484$53,959
G&A Expenses$76,514$69,885$71,125$80,575
SG&A Expenses$212,106$204,576$196,426$193,253
Sales & Mktg Exp.$135,592$134,691$125,301$112,678
Other Operating Expenses$278$597$5,853$13,482
Operating Expenses$303,098$283,353$265,763$260,694
Operating Income$82,370$70,319$47,396$33,330
% Margin17.7%16.7%12.7%9.6%
Other Income/Exp. Net-$28,100-$25,993-$16,971-$21,738
Pre-Tax Income$54,270$44,326$30,425$11,592
Tax Expense$23,312$20,914$13,718$11,479
Net Income$30,958$23,412$16,707$113
% Margin6.6%5.5%4.5%0%
EPS0.170.130.0930.001
% Growth30.8%40.1%13,157.1%
EPS Diluted0.160.130.0920.001
Weighted Avg Shares Out185,277182,371180,136179,049
Weighted Avg Shares Out Dil188,426185,980181,297179,049
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$30,031$30,252$18,852$20,472
Depreciation & Amortization$25,725$20,074$23,272$33,030
EBITDA$110,026$94,652$72,549$65,094
% Margin23.6%22.4%19.5%18.8%