/Q4 2020
www.allot.com
COMPANY PROFILE
Allot Ltd. (NASDAQ, TASE: ALLT) is a provider of leading innovative network intelligence and security solutions for service providers and enterprise worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, tra c control and shaping, network-based security services, and more. Allot's multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers as well as over 1000 enterprises. Our industry leading network-based security as a service solution has achieved over 50% penetration with some service providers and is already used by over 20 million subscribers globally.
MARKET FOCUS
Security: Allot Secure is a security service delivery platform designed to empower CSPs to provide a seamless customer experience by unifiying network-based security, home gateway security and security clients in a branded value added service.
Actionable Intelligence: Allot Smart solutions give CSPs and enterprises the ability to see, classify and quantify all of the activity on their networks so they can ensure consistent and reliable quality of experience and service.
MANAGEMENT TEAM
Erez Antebi, CEO
Ziv Leitman, CFO
Ran Fridman, EVP Global Sales
Keren Rubanenko, SVP Allot Smart Business Unit
Rael Kolevsohn, VP General Counsel
Pini Gvili, VP Operations
Ronit Weinstein, VP Human Resources
Noam Lila , VP Customer Success
BOARD OF DIRECTORS
Yigal Jacoby, Chairman
Nurit Benjamini
Itsik Danzinger Manuel Echanove
Ronen Priel, CTO Vered Zur, VP Marketing
Yael Villa, SVP Cyber Security Business Unit
Hagay Katz, VP Strategic Accounts, Cyber Security
Mark Shteiman, VP Product Management, Allot Smart Business Unit
Aharon Mullokandov, VP R&D,
Cyber Security Business Unit
Steven D. Levy
Miron (Ronnie) Kenneth Nadav Zohar
KEY TAKEAWAYS
Allot continues to successfully execute its long term growth plan with:
• New recurring revenue security as a service deals
• Cumulative MAR* of $280M
• Recurring security revenues totaled $2M in 2020, with guidance of $6-$8M for 2021 and expectations for $25M in 2022
• 2020 year over year annual revenue growth of 23%
• 2020 Gross margins of 71%.
SHARE CHART
as of January 31, 2021
QUARTERLY REVENUES - in $M
2019
2020
All reported results are Non-GAAP.
STOCK FUNDAMENTALS
as of January 31, 2021
Ticker | ALLT |
Exchanges | Nasdaq, Tel Aviv Stock Exchange |
Industry | Technology; Communications Services |
No. of Shares | 35.4M |
Outstanding | |
52 week High | $15.25 |
52 week Low | $6.44 |
FINANCIAL HIGHLIGHTS
2020 Revenues: $136M
2020 Q4 Revenues: $39M, up 28% YoY
Cash and investments as of Dec. 31, 2020: $99M
2021 Revenue Guidance: $145-150M
LATEST NEWS
Jan 19, 2021: Tier-1 Telecom Service Provider in Europe Selects
Allot HomeSecure and BusinessSecure to Provide Cyber-protection to Consumers and SMBs
Jan 13, 2021: Allot Secure Selected to Provide Cybersecurity Services to a Tier-1 European Mobile Provider with Over 10 Million Subscribers
Jan 11, 2021: Allot Introduces DNS Secure to Expand its Mass-market Security Portfolio
Nov 30, 2020: Allot Research Finds 68% of Global Consumers Would Consider Switching Telcos for Better Cybersecurity
Oct 29, 2020: MEO Launches Cybersecurity Service for Mobile Subscribers, Powered by Allot
Oct 21, 2020: Tier-1 Telecom Service Provider in APAC Selects Allot HomeSecure to Provide Cyber-protection to Consumers
*MAR (maximum annual revenue potential of concluded transactions) was estimated by Allot upon transaction signature and constitutes an approximation of the theoretical annual revenues Allot would receive if 100% of the customer's subscribers, as estimated by Allot, signed up for the service.
INVESTOR RELATIONS
Ehud Helft / Kenny Green, GK Investor Relations | PUBLIC RELATIONS | Seth Greenberg, Allot |
+1-646-688-3559 |Allot@gkir.com | +972 9 761-9200 |investors@allot.com |
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Disclaimer
Allot Communications Ltd. published this content on 18 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2021 17:32:07 UTC.