Genetec Due Diligence
Run due diligence on Genetec: check compliance and get alerts when suppliers change.
Canada · genetec.com · 30 vendors
Genetec Inc. is a global technology company that provides unified physical security, public safety, and operations solutions. Its flagship product, Security Center, unifies IP-based video surveillance, access control, and automatic license plate recognition (ALPR) into a single platform. The company offers software, hardware, and cloud-based services designed to secure people and assets while improving operational efficiency for enterprises, governments, and communities worldwide.
Resilience scores
- Digital Sovereignty: 3
- Digital Resilience: 7
- Financial Resilience: 6
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Services catalogue
3 services in catalogue across 2 categories; runs on 30 sub-vendors.
- CLIQ Plugin
- Industrial networking
- Security Center
Insights
Last updated 2026-04-30 · revision 3
30 direct vendors, 263 subvendors
Direct vendors by controlling owner country (sample)
- India: 1
- Canada: 1
- United States: 23
Subvendors by controlling owner country (sample)
- Spain: 1
- Cyprus: 1
- Norway: 2
Financials
Three-year financials
- 2023: revenue CAD 368.5M, EBIT CAD 45.2M, equity CAD 682.4M
- 2022: revenue CAD 332.1M, EBIT CAD 38.7M, equity CAD 639.0M
- 2021: revenue CAD 298.4M, EBIT CAD 31.5M, equity CAD 595.0M
Financial Resilience Score: 6/10
Genetec maintains a resilient financial profile anchored by a high-margin, recurring revenue model driven by its dominant VMS platform and long-term maintenance contracts. The company demonstrates consistent operational profitability and a diversified geographic footprint that mitigates single-market dependency. However, it faces moderate risks from cyclical physical security capital expenditure, intense competition in the broader cybersecurity software market, and execution risks associated with its acquisition-driven growth strategy.
Key strengths: Recurring subscription & maintenance revenue base, Market-leading VMS platform with high switching costs, Consistent operating profitability and positive free cash flow
Risk factors: Cyclical physical security capex sensitivity, Intense competition from legacy and cloud-native security vendors, Acquisition integration and goodwill impairment risks
Revenue by geography
- North America: 64%
- Europe: 22%
- Asia-Pacific: 10%
- Other: 4%
Revenue by product/service
- Video Management Software: 62%
- Access Control & Intercom: 23%
- Services & Support: 10%
- Other: 5%
Workforce by country
- United States: 480
- Canada: 400
- Other: 160
- France: 160
- United Kingdom: 140
- Germany: 110
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