Milestone 2021 Financials Examined
Milestone hired a new CEO in 2020 and now has a mostly new executive team.
In this note, based on an interview with Milestone, we examine the company's 2021 financials and future outlook.
Related: Canon Video Surveillance Financials And Future, Axis Financials And Future Examined.
2021 **********
*********'* ******* **** ~**% ** **** to *.** ******* *** (~$*** ******* USD), ********* ** ****** ***** ****** flat ******* ******* **** *** ****.
******* *** ****** *******, *********'* ********* profits ******** *** *** *** ******** year
********* **** **** **** *** ********** their ********** ** *** ****** *** expansion ** *********.
6.6% **** **** * *****
*********'* ********** ****** ****** **** *** the **** * ***** *** **** ~6.6% **** ~$*** ******* *** ** 2017 ** ~$*** *******.
Relative ****
***** ********* ********* ***** ******** ******** and **** * ***** ********** ** hardware, *********'* ******* ** ************* **** than ***** ****-***** ***** ************ *************. For *******, ***********'* ****** ******* ** ~$*.* *******, ****** **** ***** *** ******* at *** ****** **** ****** **** Milestone ***** ******** ********.
Growth *****
********* **** **** **** ** ******** to **** ****** **** *** ****** and **** ****** ***** **** **** competitors.
** *** **** ********* ** **** the "******" **. *** ****** *** pure **-**** *** ******** ** *** facing *********** ********* ** *********** ******, albeit **** * ***** ****, ** coming **** ***** ***********.
Cloud *** *********
********* **** ***** **** ** **** Milestone ***** ************ *** ************* ****** but ********* **** ********** ******* *******.**** ****, ********* ********* ******** ********** *** **** ********* ** ** released **** ****. ******* ** *** it ** ******** **** **** ******* to ** ****.
**** **** ** ***** ******** *** Milestone ** **** *** **** ****** decisions *** ***** ****** ** ***** capabilities. *** ***, ********* ** ********* on *******/*******/********** ******* ************'* *** ********(****** **** ** ********* *** *********** wanting ** ** ******* *****).
Vertical ***********
********* **** ********* ********* ******** ***********:
********* *** ***** *** ******** ** an **** ********, ***** ********** ********. Today, *** ********* *** *** ********** for ****** *** ********, *** ************ beyond ****. ***** *******, ***’** *** that *** ******** ** ***** ***** around *** **** **** ******** ***** technology. ****’* ******* ****** *** ******** will ****** ** ********* *** *********. In ********,we're ********* ********* *********** ** ****** ********* with data-driven video technology software, in and beyond security.
**** ** ** **** **** *** Milestone ********** ******* *** ******* ** for * ****** ** *****, ********** product ********* *** ******, *******, ********, etc.
Channel *******
*** **** ********* *** ********* *** most ******* ** ** **************** *** *********** ** *** ******* program, ***** ** ******* *******, *** Milestone ******* **:
**** ** *** ********* ************** ** that, ***** *******, ** **** **** with *** ***** ********. **** * mean ** **** ** *****, **** focused ********. ** **** **** ****** with ***** ********, *** **’** ******* for **** ** **** ****** **** Milestone. **** ***, ** *** **** better, **** ******** ************ *** *** customers. **** ** ********* ******* ************ we've **** *** **** *** *******, whereas, ** *** *** ******* *******, we ***** ** *** ***** ******** such **** ** *** **** ******** the ************.
*******
*** ******** **** *** ********* ** that *** *** *** ** ******* to **** ******* ***** *** ******** one *** ********** ********** *** *** last *** *****. *** ******* ****** is ********* ***** ** ***** **** dealers ** *** ***** **** ****** it *** ***** *** ***** ****-**** move.
*******, **********, ** *** *********'* **** important ****-**** ******* ** **** **** do *** *** **** ******* ** the *****. ********* *** ********** ***** (or ** ***** *** ****) ** cloud *** ******* ******* ** ********** *** ********** ***** *** *** Milestone *********** ** * ******* ******** with *****, ** **** **** ** disrupting *** **** ******** ** ********* - ***** **********.
** **** ** ***** *** ********* to ********** ***** ****** ******* ***** redesign ** ***** ********* ****** ** improve *********** *** ********** *** ********** native ****** ******* *** **** ********* as **** ** **** ********** ******* model. *** ***** ********** ***********, ********* always ***** **** ********* **** ***** major ********** ******* ***** ******* ***** more ******** ******* ******** *** ********.
* ******* **** **** *** **** several *****, ** *** ***** *** players ** *** ****** ******* **** Cloud ******* ** **** ****** ************ more ********* ** ******* ******.
** *****’* **** * ****** ********* to ******* ****. **** ** ********, smart ***** ***** **** ********* ****** their *** **** ** ********** ******** knowing ******** *** (** *******) **** are ******** ** *** ****** ** enterprise ***** **** *** ***** ***** system ** ***** ***** **** **** the *** *********. **** ***** ****.
***** ** *** *** **, ******* the ***** ******** ** ******** **/******* Learning *** ***** **** ********** ** a *** ********* *** * ********** market ***** **** *** **** ******* years.
*** ***** ***** **, **** **** everyone **** ***** ***** *** *****’* think ***** ***** **. *** ***** you ****** ** ******* (***** ****, complexity, *** *** *******) **** ** record ***** **** * **** ********, easy ** *******, **** ****** ***** system **** ** *** **** ********* and ******** **** *** ** ******* system *** **** ****?
**, **** ** **** ********** ******* number ** ******** ** ***** *********** considering *** *********, *******, ********* *** related *****?
****, *** ** ** ***** ******** for *** ***** ********, ***** ** how ******** ********* *** ****.
********** ** ***?
* ***** **** *** **** ****** is ** *** ****'* ** ******* and ***** *** ******* ** ***** you ********** ***** ** ** ***********?!!!
** ** * **** ***** **** there *** ******* ** *** ****'* of ******* **** *** ***** ******, but **** ** ***** **** *********** means ** ******* *** ***** ***** data. *** *******, ** *** **** to **** ** ***** ****** ********* for ***** ********** *** **** ***** upload, *** ***** ****** ******* ***** be ********* ******* **** * ****** size ***********. **** ****, ** *** can *** *** **** ********** ***** of ** ** ************* ******* ****** prior ** ****** ** *** ***** and ** ****** **** ********* ****** that *** ********, *** **** ** the ***** ****** *** ******** ************ and **** *** ****'* ** ****** streams ** ****** ************ ** ***** provided ******* *** ********* *** ****** speeds.
***** *********** **** ******* **** ******** additional ********** **** ** * **** reasonable **** **** ** *********** ** premise ****** *** ******* **** ** an ****** ** ****** **** **********.
******* ****** ********* - ****** ***** be ** *** ** $*/******/***** ** as **** ** $***/******/***** *** *********** the ****** ** **** ***** ** the **** **** ** **** **** disparate ***** ******. **** ****** ******* on *** ************ *** *** *** processes ** ****. *** **** ******** of ******* ******* ***** ** ** low ** $***/****** ** ** **** as $*,***/****** *** ** **** ******** on ***** ***** *** ************.
***/*** - ***** ** *** ****** of ***** ************ *** ** ********* cost ********* **** ** ****** ****** with **** ********** **** *********** ** premise ***. **** ***** ** ***** that ****** **** ** **** **** the *********** ***, **** *** *** vast ******** ** ****** *** ******** increasingly ******** ** *** ******** ** cloud *** **** **** ** *** deciding ****** ** ** *** ******** of *********, *****, ***. ** **** themselves ** *** **** ***** ********* for ****** ******* *** ******* ******.
***'** ******** *** *** **** ***** the ***** ** *** ******. **** large *** ****** ********** ***** **** campuses **** ******* ******** ******* ****, not ** ******* ***** ********** **** systems ********** ******** *** ******** ** channels.
* *********** ***** ******* **** ******* vendors ******* ***** ***** ******** ** recent *****. *** *** *** ** them ************ ***** *** ******* **** couldn't ***** *** ******* *********** *** expectations ******** ** ***** *********. *** other ** *******. **** **** ***'* know **** ** **** *******.
*** *** ** *** ***** ********* provided *** ****** ** ******* ******** to ********* *** ******** ***** *******. There *** * **** *********** **** increase ****** *** ***** *** ***** one ** ****, **** *** ********* of **** * *** ** *** very ***** *******.
************, *** **** *** ********* ********* was ************.
** * ****, **'* *** *** everyone.
**'* *** *** ********...... ***. *** it ******* ** **** ****** *** a *** ** ****** *** ********** everyday, *** ******** *** ********** ****.
********* ********* ** **** ****** *** storage ** *******, ***** ** ****'* it **** *********.
***** *** ******* ****** **** **** an ********, ** ****** **** ******* financials *** ********. ****** ***, * feel *** ******* ***** **** ****** Milestone's ****** *********** ** ******** *** development ***** ******** ** *** ****** as ** ** *&* ** ****.