N-able, Inc.
NABLUSN-able, Inc. furnishes cloud-powered software offerings specifically for managed service providers (MSPs) across the United States, the United Kingdom, and globally. These solutions are crafted to enable MSPs to facilitate digital modernization and expansion for their small and medium-sized enterprise (SME) clientele. N-able's enterprise-grade software platform acts as a core operational system for its MSP partners, engineered to adapt and grow in tandem with their businesses. The company's comprehensive platform is categorized into several key areas: Remote monitoring and management: Tools to oversee and maintain IT infrastructure from a distance. Security and data protection: A suite of features encompassing data backup and recovery, patch deployment, endpoint security, web content filtering, email security and archiving, and vulnerability assessments. Business management: Capabilities such as professional services automation, advanced automation and scripting, robust password policy enforcement, and comprehensive reporting and analytics. Established in 2000, N-able, Inc. is based in Burlington, Massachusetts.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Application Software
- Sub-sector
- Customer & Revenue Applications
- Listing
- NABL
- Country
- US
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 7% | 13% | 10% | 10% | 9% | 8% |
| Revenue | $346M | $372M | $422M | $466M | $511M | $556M | $601M |
| Gross Profit | $294M | $313M | $354M | $385M | $398M | — | — |
| Gross Profit Margin | 84.9% | 84.2% | 83.8% | 82.7% | 77.9% | — | — |
| EBITDA | $66M | $74M | $96M | $110M | $78M | $112M | $121M |
| EBITDA Margin | 19.0% | 19.8% | 22.8% | 23.6% | 15.3% | 20.1% | 20.1% |
| EBIT | $33M | $47M | $70M | $82M | $40M | $73M | $79M |
| Net Income | $0.11M | $17M | $23M | $31M | ($17M) | $79M | $92M |
| Free Cash Flow | $11M | $50M | $68M | $57M | $72M | — | — |
| FCF Margin | 3.2% | 13.6% | 16.1% | 12.2% | 14.1% | — | — |
| Short-Term Debt | $4M | $4M | $4M | $4M | $11M | — | — |
| Long-Term Debt | $335M | $333M | $332M | $330M | $419M | — | — |
| Cash & Cash Equivalents | $67M | $99M | $153M | $85M | $112M | — | — |
| Net Debt | $272M | $238M | $182M | $248M | $319M | — | — |
| Net Debt / EBITDA | 4.1x | 3.2x | 1.9x | 2.3x | 4.1x | — | — |
| Rule of 40 | — | 20.9% | 29.5% | 22.7% | 23.8% | — | — |