Jamf Holding Corp. Income Statement 2024-2011 | JAMF

Brief overview of income trends at Jamf Holding Corp.

This overview is based on financial performance over the past five years. Revenue reported by Jamf Holding Corp. was $204 million at the beginning of the period and $627 million at the end. Overall revenue changed by +207.5%, equal to an annualized rate of about 25.2%. The company expanded its revenue base at a high speed.

Gross profit was 148 million dollars at the start and 486 million dollars at the end of the period (+228.4%). Cost of revenue developed more favorably than sales, supporting gross profitability. Gross profit as a share of revenue changed from 72.5% to 77.5%. Improving gross profitability strengthens the quality of revenue growth.

The operating result measured by EBITDA moved from 2.2 million dollars to −62 million dollars, or −2970.2%. EBITDA lagged revenue, showing weaker operating momentum. Comparing the endpoints gives EBITDA margins of 1.1% and −9.9%. Cost pressure reduced operating profitability.

Comparing the endpoints shows a move from −32.6 million dollars to −68.5 million dollars. The negative result deepened, showing weaker final efficiency.

Summary assessment

The results contain several connected negative signals. The positive side is supported by improving gross profitability and sales growth. The main areas of concern are a declining EBITDA margin, a narrow EBITDA buffer and a weaker final result. The key question is whether sales can be converted into sustainable profit.