Tag: recurring monthly revenue (RMR)
RAD deploying ten RIO Mini units to Midwest construction site
January 26, 2026SSN Staff
DETROIT — Artificial Intelligence Technology Solutions (AITX), a provider AI-driven security and productivity solutions, along with its wholly owned subsidiary, Robotic Assistance Devices (RAD), has announced an upcoming deployment of ten RIO Mini solar powered autonomous security trailers at a large construction project located in the Midwest United States.
The deployment is scheduled to begin shortly, with the associated subscription and software licensing already generating recurring...
NAPCO introduces NA-Series access panels and MVP Cloud Platform
December 31, 2025SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies, a manufacturer of professional security, access control, and electronic locking solutions, has announced the availability of its new MVP Cloud-Based Access Control Platform and NA-Series 1- and 2-Door access panels, now available at security distributors nationwide.
New NA-Series panels - cloud-ready and built for fast installs
The new NA-Series access panels are purpose-built for fast, super-economical deployments, helping...
Kindoo launches reseller partner expansion program
December 3, 2025SSN Staff
KELOWNA, Canada — Kindoo, a global provider of modern smartphone wireless access control system solutions, announces the expansion of its Reseller Partner Program to serve the growing North American market.
Kindoo’s solution eliminates the longstanding barriers to entry for security dealers on modern access control systems with a high performance, cost-effective mobile access control solution.
“We are looking to partner with forward-looking installing security dealers who...
ADT navigates pressures in Q3, remains confident about 2025 outlook
November 5, 2025Ken Showers, Managing Editor
BOCA RATON, Fla. — ADT entered the second half of 2025 with 4% total revenue growth, amid a slight dip in recurring monthly revenue (RMR), but the company remains confident in the strength of its growing, loyal customer base, officials say.
ADT CEO Jim DeVries attributed the dip in RMR and new subscribers to a smaller bulk account purchase in the quarter (15,000 accounts vs. 45,000 accounts) and cautious consumer sentiment.
“We have some bulk in the pipeline,”...
ADT reports third quarter 2025 results
November 4, 2025SSN Staff
BOCA RATON, Fla. — ADT Inc. has released its financial results for the third quarter of 2025.
Financial highlights for the third quarter are below with variances on a year-over-year basis unless otherwise noted. Results of the former commercial and solar businesses are presented as discontinued operations, except for cash flow measures.
Total revenue increased 4% to $1.3 billion and end-of-period recurring monthly revenue (RMR) increased 1% to $362 million
Solid customer retention...
Everon’s multifamily acquisition to boost commercial growth
October 22, 2025Cory Harris, Editor
NEW YORK—With its acquisition of ADT’s B2B multifamily business in September, Everon is not only expanding its commercial security footprint - it’s gaining a strategic edge in one of the industry’s most dynamic verticals.
During an interview at the Security Industry Association’s (SIA’s) Securing New Ground (SNG) conference, CEO Don Young explained that the deal positions Everon for long-term growth, deeper customer relationships, and enhanced technology...
FlyLock announces strategic partnership with ESA
October 16, 2025SSN Staff
QUINCY, Mass.—FlyLock, a provider of access control solutions, has announced a strategic partnership with the Electronic Security Association (ESA) to arm technicians with training and to enrich services offered by its growing network of nearly 100 franchise locations across the United States.
Through this partnership, ESA becomes FlyLock’s trusted provider of education, certification, and business resources. FlyLock franchise owners and their teams will have the opportunity...
RapidFire’s growth mindset: Why strategy matters more than speed in life safety and security
September 10, 2025Cory Harris, Editor
ST. LOUIS—While most life safety decision-makers agree that growth is positive, many overlook the fundamentals of why and how to grow, says Bob Ricucci of RapidFire Safety & Security, which made its latest acquisition over the summer.
RapidFire bought Tri-X, a 37-year-old fire and security systems integrator in San Dimas, Calif., in June. The deal was the company’s 10th in California.
“Exploring the discipline required to pursue growth intentionally and effectively...
ADT Q2 2025 results reflect success of subscription services/account purchases
July 30, 2025SSN Staff
BOCA RATON, Fla. — ADT reported its results for the second quarter of 2025 buoyed by high RMR and adoption of its ADT+ platform.
“ADT delivered another strong quarter, highlighted by record recurring monthly revenue, robust cash flow generation, and strong earnings per share growth. These results reflect the resilience of our business and effective execution of our strategy,” said ADT Chairman, President and CEO, Jim DeVries. “With increasing adoption of our ADT+ platform...
ADT touts its resilience
May 2, 2025Ken Showers, Managing Editor
BOCA RATON, Fla. — Despite a volatile market, ADT highlighted record RMR returns and record customer retention in the first quarter of 2025 and doubled-down on its resilience during a recent earnings presentation.
In total, ADT saw recurring monthly revenue (RMR) increase by 2% to $360 million in Q1, with record customer retention (gross revenue attrition of 12.6%; revenue payback at 2.3 years).
“I think the headline from us is we have an exceptionally resilient...