Chubb Acquisition
Who We Are
Stability Through Significant Recurring Service Revenue
Mission-critical nature of services
and regulatory-driven inspection
requirements provide predictable,
recurring revenue stream opportunities
Continuing to increase the proportion of
revenue derived from maintenance-
related services remains a key initiative
GROWING SERVICE REVENUE CONTRIBUTION
High proportion of revenue from
repeat customers translates into
stable cash flow generation
-80%
2008 (1)
-20%
~57%
2021(2)
~43%
Service Revenue
Non-Service Revenue
50% +
Service Revenue
API+Chubb
Group
On average, service and inspection revenue generates ~10%+ higher gross margin than contract revenue
(1) Data based on APi net revenues for Life Safety companies as of December 31, 2008.
(2) Data based on APi preliminary net revenues for Life Safety companies as of December 31, 2021.
10
BUILDING GREAT LEADERS®
API
GroupView entire presentation