Trade Check Point Software Technologies Ltd - CHKP CFD

Check Point Company profile

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company's products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management. The Company offers Software Blades grouped into functional packages to address specific security issues. It has product offerings under these packages, which include Next Generation Firewall, Next Generation Threat Prevention, Next Generation Secure Web Gateway and Next Generation Data Protection.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Check Point Software Technologies Ltd. revenues increased 5% to $2.17B. Net income decreased 4% to $815.6M. Revenues reflect Security subscriptions increase of 13% to $755.2M, Software updates and maintenance increase of 2% to $897.7M, Products and licenses increase of less than 1% to $513.9M. Net income was offset by Research and development - Bal increase of 13% to $255.3M (expense).

Equity composition

Ordinary Shares NIS.01 Par, 04/11, 500M auth., 261,223,970 issd., less 52,809,283 shs. in Treas. @ $1.12B. Insiders control 21.88%. IPO: 6/96, 4,200,000 shares @ $14 by Goldman, Sachs & Co. PO: 6/97, 2.875M shares @ $24.50 by Goldman, Sachs & Co. 2/01, 3-for-2 stock split; 7/00, 1/00, 2-for-1 stock splits.