ALSAF on OTC

Absolute Software Corporation

Logo: Absolute Software Corporation, Public domain, via Wikimedia Commons4

American company specializes in endpoint security and cyber resilience

Absolute Security is an American company that provides products and services in the fields of cyber resilience, endpoint security, Security Service Edge (SSE), and zero trust security. It was publicly traded company on the Toronto Stock Exchange (TSX) and Nasdaq until it was acquired by Crosspoint Capital Partners in July 2023.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1993Founded1

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  • TickerALSAF on OTC1
  • Industrysoftware industry1
  • HeadquartersVancouver1
  • Websitewww.absolute.com
  • Business address100 Church Street, 8Th Floor, New York, Ny 100075
  • Filer category, Emerging growth company5

Absolute Security is an American company that provides products and services in the fields of cyber resilience, endpoint security, Security Service Edge (SSE), and zero trust security. It was publicly traded company on the Toronto Stock Exchange (TSX) and Nasdaq until it was acquired by Crosspoint Capital Partners in July 2023.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

81.4%Gross margin6
-0.3%Operating margin7
0.6%Net margin7
63.4%Revenue growth, 20226
-$2.1MFree cash flow7

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Other costs99¢$196.2M
  • Profit1¢$1.1M

Out of $197.3M in revenue.67

Financial statements

Revenue86$197.3M in 2022+89% since 2020
0$50.0M$100.0M$150.0M$200.0M2020: $104.7M$104.7M20202021: $120.8M$120.8M2021+15%2022: $197.3M$197.3M2022+63%
Gross profit86$160.5M in 2022+75% since 2020
0$50.0M$100.0M$150.0M$200.0M2020: $91.6M$91.6M20202021: $104.9M$104.9M2021+15%2022: $160.5M$160.5M2022+53%
Operating income867-$587.6K in 2022
-$5.0M0$5.0M$10.0M$15.0M$20.0M2020: $15.3M$15.3M20202021: $5.6M$5.6M2021−63%2022: -$587.6K-$587.6K2022
Net income867$1.1M in 2022−90% since 2020
0$5.0M$10.0M$15.0M2020: $10.6M$10.6M20202021: $3.7M$3.7M2021−65%2022: $1.1M$1.1M2022−70%

Every line of the income statement in the latest annual report, as filed.11

Period ending2025-12-312024-12-31
Formation and operational costs$887.6K$913.9K
Loss from operations-$887.6K-$913.9K
Interest and dividends earned in trust account$40.5K$2.3M
Total other income$40.5K$2.3M
(Loss) income before income taxes-$847.0K$1.3M
Net (loss) income-$847.0K$1.3M

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How it started

History

Founded in 1993 in Vancouver, British Columbia, Canada, by Christian Cotichini and Fraser Cain, Absolute Security developed a product to manage, track and secure computers regardless of the physical location of devices. In 2000, Absolute Security became a publicly traded company on the Toronto Stock Exchange (TSX).

In 2005, Persistence technology patented by Absolute Security was embedded for the first time into the firmware or BIOS of Personal Computers (PCs). This was the start of an ongoing partnership with most major original equipment manufacturers (OEMs) where Absolute Security technology ships with the hardware from the factory.

In 2007, Microsoft awarded Absolute Security gold certified partner status in the Microsoft Partner Ecosystem.

Absolute Security's office in Europe was first established in November 2006, in Newbury, UK. In July 2009, a second regional office was opened in Austin, Texas, to serve as a base for the company's U.S.-based sales team.

In December 2009, Absolute Security announced its acquisition of the LANrev product suite, a computer systems management software application, from Pole Position Software. Following the acquisition, the product suite was rebranded as Absolute Asset Management, and eventually renamed as Absolute Manage.

From Wikipedia’s article on Absolute Software Corporation, shared under CC BY-SA 4.0.3

Timeline

  1. 1993Founded Founded1

Recent filings

  1. Oct 14, 20268-K
  2. Sep 21, 2026DEF 14A
  3. Sep 10, 2026PRE 14A
  4. Aug 26, 202610-Q
  5. Aug 14, 2026NT 10-Q
  6. Jun 24, 20268-K
  7. May 29, 2026DEF 14A
  8. May 21, 2026SCHEDULE 13G/A
  9. May 15, 202610-Q
  10. May 13, 2026SCHEDULE 13G
  11. Mar 20, 202610-K
  12. Mar 19, 20268-K
  13. Dec 12, 20258-K
  14. Nov 26, 2025DEF 14A
  15. Nov 14, 2025PRE 14A

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2