Absolute Software Corporation (ABST)
Absolute Software Corporation operates in the Software - Application industry of the Technology sector, headquartered in Vancouver, BC, CA. The stock last traded at $11.49, down 0.09% on the session, giving a market capitalisation of $610.8M. On trailing twelve-month figures it carries a trailing P/E of -23.45, a net margin of -12.4%. Its beta of 0.36 implies it has historically moved less than the broad market.
Absolute Software Corporation, established in 1993 and headquartered in Vancouver, Canada, provides sophisticated software services engineered to manage and safeguard the computing devices, applications, data, and network infrastructure of diverse organizations. Its flagship Absolute platform offers a comprehensive suite of tools, including "Absolute Visibility," which delivers profound insights into device hardware, software installations, and geographic location. "Absolute Control" empowers users with powerful remediation capabilities, such as remote device freezing and data deletion. "Absolute Resilience" enhances operational stability through remote scripting, self-healing for critical applications, detailed investigation and recovery services, and the identification of sensitive data. For ransomware defense, "Absolute Ransomware Response" helps entities evaluate endpoint readiness, monitor endpoint cyber hygiene across their entire device fleet, and expedite recovery processes. The company's portfolio also includes "Absolute VPN" for enterprise connectivity, "Absolute ZTNA" for securing networks and employees via real-time risk analysis, and "Absolute Insights for Network," which centralizes performance data for devices, applications, and networks into a unified view. Absolute distributes its robust solutions through original equipment manufacturers (OEMs), distributors, and value-added resellers, alongside direct sales to clients in healthcare, educational institutions, governmental agencies, and individual consumers. The company maintains a global operational footprint spanning North America, the United Kingdom, Vietnam, Germany, Australia, Japan, and Latin America.
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