Milestone Systems 2020 Financials Examined

By John Honovich, Published Apr 08, 2021, 09:15am EDT (Info+)

Milestone has announced its 2020 financial results and we spoke with Milestone's CEO and CFO to better understand how Milestone did and where it is heading.

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Inside, this note, we examine Milestone's 2020 financials and the company's outlook.

****** **** **-**** **** ****** ******.

2020 ******* **********

** ******** ******** *****, ********* **** IPVM **** ***** **** ******* *** slightly ** **** **** **** ******** to ****. **** ******* *** ~$*** million *** (**** **********). **** ****** was ****** ** ****** ******* ** the ********, **** ******** *********** ** EMEA *** ************* ** ****.

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*** ******** *** ******* *** **** than **** ** *********'* ******* *** constant ******** ****** ** *** ******** was **** ****** **** +**% ****** above.

********* **** **** **** **** *** a ****** ** **** ** *** USA *** **** **** ******** ** relative ** **** *** ****.

*****

“** *** *** ******* ** *****, there *** ************ **** ***** **** into *****, *** ** ******** ****** presence," ********* **** ****.

2021 *******

********* *** ***** **** **** ****** to **** **** **** **** **** and **** ****** *** ****** **** but *** ********* ******** ***** ****** projections *** *** **** ** **** citing ******** ***** ******* ******* ******* up, ****** ** ******* ** *** third **** **** ** **** ******** countries.

Canon ************

********* ********** **** **** (****, ********, Milestone) *** * **** ********* ********* though ******** ** ** "***** ****** ******** ************** ****-**** *****" ** *** ***** surveillance ************. *** ****** ****** ****** mentioned:

********* *** ****** ************* **** **** Communications, ******** *** *******.

** ******* **** ******* **** **** (***** "********* ***********" ******* ****, ********, and *********). ** ******** *****, ******** '*********' is ********* **** *** ********* *********** against **** ***** ** *******, *.*.,**** *** *** / *** ********.

** ****, ** *** ** ***** of ********* *** ***** ***** ************ companies.

Shows - **** *** *** ****

********* **** **** **** "****** ** return ** **-******" ****** **** "******* beats **** ** **** *******" ***** noting **** **** ******** ***** ***** virtual.

*** ****, *********'* ****** ***** **********, MIPS, *** *******.

********* **** **** **** **** **** no ***** ******** *** ***** *** West **** ****. **** ** ********** with **** ***** ********** ** **** spoken ****. ** ***** ****** ****** exhibitors **** ********* ** **** ** decide ** *** **** ***** ***** the ********* ********.

R&D ********** / ******** **********

***** ***** ******** ******** ** *%, R&D ***** ********* ** **%.

*** ***** ******* **** ****** **** increased *** ***** ******** ************ **** Milestone ******* ** *** ***** ***+. Related,********* *** ******* ****** ************ *** its *** ***.

Cloud *********** / *****

** *** ***** ****, ********* **** their **** *** ** **** ******** innovation ** **** ** ******** ** partners. ** *** ******* ****, **** have * ******, ********* ***** / sibling ****-*** ******* *** ****** ******** (****** ****).

** **** **** ****,********* ********* ******** *****, * *********** ******** ********* ***** offering ******* ** ********* ********* ********* from *********** **** ** ********, *****, and ******* *****. ***** **** ** ready, ********* *** * ***** ************ in **** ******** ****.

Outlook *** *********

*** ******** *** **** ********* ******* performance *********, *.*., ** ********* *** only **** ***** *******, **** ***** have ********* ******* ** ** ** 20% (*** ***********, **** ******* ********* reality). ** **** ******* ** *** comparatively ************ ***.

*** ** ** ***** ***, ********* was * "***" ******* **** *** software ********** ** *** ********* ** DVRs *** ****. ***, ********* ** an ********* **** ***** / ***** as *** *** *****. ********* *** had * ***** ***** ** ***** with *******, **** ***, *** (********* for **** ****) ******** *****. *** Milestone ********* **** **** ** *** to ***** *********** *********** *** *** rest ** **** ******.

Comments (2)

Undisclosed #1

04/08/21 02:07pm

$**** *** *** **** ****? * thought **** **** ***** **** $**** annually *** * *****.

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John Honovich

IPVM | In reply to Undisclosed #1 | 04/08/21 02:13pm

**, ********* *** ***** **** $*** million ** ****** *******.

***** **** ****** **** **** ******** (Husky ******** ***** *** * ******** minority), ***** ** * ***** ** how **** ******* **** *** ********, relative ** ********* **** ****, ********, Dahua, ******, ***. *** **** ******* and/or ******* + *********.

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