Is it really all that special? Well, I believe that knowledge truly is power. So with that idea in mind, I put together this basic financial literacy guide to help you strengthen your business savvy.
More Dear shareholders, Axon is executing upon its mission of saving lives and enabling fair and effective public safety and we continue to grow in relevance to the police agency customers we serve. Our strong Q1 revenue and profit reflect our laser focus on execution across all aspects of our business.
Deal terms also include consideration of up to approximatelyshares of common stock, contingent upon achieving certain milestones over the next two years, as well as minimum holster purchases. The transaction adds five major city customers and hundreds of smaller agencies to Axon's customer base.
In June, we will host Axon Accelerate, our third-annual user conference that is quickly becoming the premier law enforcement technology conference and trade show.
We're very pleased with our progress and the interest we see from our customers in adopting our new products. We expect Axon Accelerate attendance to triple over last year as public safety's best and brightest engage in a symposium of thought-leadership blended with hands-on training.
Summary of Q1 Results 1: Consolidated gross margin was Operating margin in Q1 was First, we are seeing a trend toward full deployments with US law enforcement agencies.
Second, we are seeing strong international demand, including encouraging developments in several European markets. Lastly, we are expanding our customer base into adjacent markets. Story Continues We continue to vigorously defend our intellectual property.
Operational highlights since our last quarterly update include the purchase of VIEVU; the commencement of camera shipments to the Victoria Police in Australia, which represents our second largest body camera unit deployment after the London Metropolitan Police; significant orders from the UK's Kent and Essex police forces; and reaching full deployment in the Chicago Police Department with around 7, body-worn cameras.
The average life of our bookings is about 4. This metric replaces our previous disclosure of Future Contracted Revenue. As of March 31,38 of the 69 U. During the three months ended March 31,we booked approximately 25, seats on our digital evidence management platform, Evidence.
Since inception, we have booked cumulative Evidence. The software capability helps users to more easily redact video, solving a giant pain point for our customers.
Redaction Studio has already been a determining factor in competitive RFPs, helping agencies to select Axon as their body camera provider. It is included within our Pro software licensing tier.
We are cognizant of the concerns around privacy rights and the risks associated with the use of AI technology. Accordingly, we recently announced the formation of a transparent AI Ethics Board to help ensure we balance both the risks and benefits of deploying this technology.
To recap, Axon Records is our technology solution that will reduce the time officers spend writing reports so they can spend more time policing. Modern police record-keeping is fundamentally about gathering the evidence associated with an event and transferring it to a prosecutor to use in the court system.
Axon's market-leading body camera data management solution, Evidence. Axon Records builds out our existing software ecosystem by marrying body camera video with other incident data, streamlining and using the body camera to assist in reporting, and allowing records to be securely stored and shared beyond the agency.
Axon Records remains in its pre-revenue investment phase. We have a robust team of developers in our Seattle office who have deployed the solution with several police agency development partners, which are running early iterations of the product.
We are providing the following updated guidance for the full year ending December 31, We look forward to providing more details on our quarterly earnings call this afternoon and updating you on our progress throughout the year.Financial planning covers a wide variety of money topics including budgeting, expenses, debt, saving, retirement and insurance among others.
Understanding how each of these topics work together and relate to one another can help in laying the groundwork of a solid financial foundation for you and. A celebration of the most influential advisors and their contributions to critical conversations on finance. Markets The latest markets news, real time quotes, financials and more.
"Accounting & Bookkeeping for Everyone" is a course that covers the fundamentals of accounting with the newcomer in mind. Accounting is more than just memorizing terms and procedures; it's a whole new way of thinking about finances.
We go over all of the personal finance basics in a single piece, which you can probably get through in an hour. Consider it Personal Finance ! First-ever Oregon dinosaur bone found by scientists Pope decries that 'wealthy few' feast on what belongs to all 'Last Man Standing' star Tim Allen mocks liberals 'small window o.
|Finance Keep growing your financial knowledge. | TD Bank||When we first got married, I was the one who kept track of the bills and made sure everything was paid on time. Things were fine, but not as smooth as we knew they could be.|
|BREAKING DOWN 'Personal Finance'||It all depends on your income, expenses, living requirements and individual goals and desires — and coming up with a plan to fulfill those needs within your financial constraints.|
|online finance courses, e-Learning tutorials and CPD for Accountants, Banking, Finance and Business||But there are a few simple ways to get it disastrously wrong.|
About Finance This ongoing series goes back to the basics to help public officials navigate the sometimes-confusing world of GASB, OPEB, DBs and P3s.
A Guide to Financial Literacy: Volume 4.