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Absolute Software Reports Fourth Quarter and Full - Year Fiscal 2021 Financial Results Transformational Year Marked by Record ARR and Revenue Growth , NetMotion Acquisition , and Strong Business Momentum VANCOUVER , British Columbia & SAN JOSE , Calif .-- ( BUSINESS WIRE ) -- August 10 , 2021- -Absolute Software Corporation ( Nasdaq : ABST ) ( TSX : ABST ) , a leader in next generation Endpoint Resilience ™ solutions , today announced its financial results for its fourth quarter and full - year fiscal 2021 ended June 30 , 2021. All dollar figures are stated in U.S. dollars , unless otherwise indicated . “ This was a year unlike any other in Absolute's history , marked by record financial results and major business milestones , including our Nasdaq cross - listing and acquisition of NetMotion , " said Christy Wyatt , Absolute Software's President and CEO . “ With multi - device , hybrid environments becoming the rule rather than the exception , we've seen heightened demand for modern , zero trust security approaches that put the endpoint at the center . We believe our unique ability to enable visibility and self - healing from the endpoint to the edge will allow us to deliver a truly differentiated solution in a high - growth market and empower our customers to strengthen overall security and resiliency . It is an exciting time for our expanded company , and we are well- positioned to solidify our place as a critical component of today's work - from - anywhere environments . " Fourth Quarter ( “ Q4 ” ) and Full - Year Fiscal 2021 ( “ F2021 ” ) Financial Highlights • • • • • Revenue in Q4 F2021 was $ 31.8 million , representing an increase of 17 % compared to Q4 of fiscal year 2020 ( " F2020 " ) . Revenue in F2021 was $ 120.8 million , representing an increase of 15 % compared to F2020 . Net loss in Q4 F2021 was $ 3.0 million , compared to net income of $ 2.2 million in Q4 F2020 . Net income in F2021 was $ 3.7 million , compared to $ 10.6 million in F2020 . Total ARR ( ¹ ) at June 30 , 2021 was $ 123.4 million , representing an increase of 14 % over the prior year . The Enterprise & Government portions of Total ARR increased by 11 % year over year compared to June 30 , 2020 and represented 66 % of Total ARR at June 30 , 2021. The Education sector portion of Total ARR increased by 21 % year over year compared to June 30 , 2020 and represented 34 % of Total ARR at June 30 , 2021 . New Logo ARR ( 1 ) ( 2 ) . was $ 2.7 million in Q4 F2021 , compared to $ 3.5 million in Q4 F2020 . Net Dollar Retention ( 1 ) ( 3 ) was 106 % in Q4 F2021 , compared to 104 % in Q4 F2020 . Adjusted EBITDA ( 4 ) in Q4 F2021 was $ 8.0 million or 25 % of revenue , compared to $ 8.0 million or 29 % of revenue in Q4 F2020 . Adjusted EBITDA in F2021 was $ 31.9 million or 26 % of revenue , compared to $ 27.4 million or 26 % of revenue in F2020 . Cash from operating activities was $ 11.4 million in Q4 F2021 and $ 46.8 million in F2021 , compared to $ 11.6 million in Q4 F2020 and $ 25.0 million in F2020 . A quarterly dividend of CAD $ 0.08 per outstanding common share was paid during Q4 F2021 .