Case 36 Ubiquiti Inc

The company was established by Robert Pera in the year 2005. The company is headquartered in New York. Ubiquiti Inc. sells equipment and its related software platforms through a network of over 100 distributors, online retailers, and customers directly through its webstores. The company specializes in providing networking infrastructure in over 200 countries globally. These networking products are driven by UISP and UniFi OS software platforms to facilitate high-capacity distributed internet access and unified information technology management for consumer electronics. The solutions can be categorized into high-performance networking technology for corporates, service providers, and consumers. The company focuses on enterprise and service provider markets through its Ubiquiti community consisting of service providers, distributors, value-added resellers, webstores, system integrators, and IT professionals. The consumers are basically targeted through digital marketing efforts. The company also offers a portfolio of networking products and solutions for operator-owners of wireless internet services (WISP) and smart homes. Carrier class infrastructure for wireless broadband, wireless backhaul systems, and routing are provided by operator-owner-service-provider to control, track, and bill their respective customers. For simplified user software interface, Ubiquiti’s enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and door access systems. By 2022, the company had employed 1377 full-time equivalent employees. By December 2021, the NMI had issued master policies for 1732 clients consisting of mortgage banks, credit unions, community banks, builder-owned mortgage lenders, credit unions, and community banks. By year-end 2021, National MI had $153.6 billion of total insurance-in-force (IIF). The average growth rate of revenue and net income was 29% and 121%, respectively. The average growth rate of total assets, short-term investments, and total equity during the period 2017–2021 was 30%, 65%, and 33%, respectively. The total cumulative monthly return for Ubiquiti stock was 201% during the 5-year period 2018–2022.