Cellebrite Di Ltd. ( (CLBT) ) has released its Q4 earnings. Here is a breakdown of the information Cellebrite Di Ltd. presented to its investors.
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Cellebrite DI Ltd. is a global leader in digital investigative solutions, providing software and services to public safety organizations and private sector businesses for digital forensics and investigation. In its latest financial results for the fourth quarter and full year 2024, Cellebrite reported a 17% increase in quarterly revenue, reaching $109 million, driven largely by a 21% growth in subscription revenue. The company’s Annual Recurring Revenue (ARR) saw a 25% increase to $395.9 million, and the adjusted EBITDA margin for the quarter was 26.4%. Full-year results showed a revenue increase of 23% year-over-year, with subscription revenue up by 26%. Despite a GAAP net loss for the year, the company reported strong non-GAAP net income and adjusted EBITDA figures. Key strategic highlights included advancements in their technology offerings, such as the integration of Generative AI capabilities in their solutions and achieving a FedRAMP High Ready designation for their Government Cloud platform, reinforcing their market and technology leadership. Looking forward, Cellebrite’s management is optimistic about sustaining growth and profitability in 2025, with expectations of maintaining healthy revenue growth and attractive profit margins, supported by favorable market conditions and strategic initiatives.
