Dropsuite Limited
DSE.AX
Australian Securities Exchange5.88
AUD
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Dropsuite Limited
DSE.AX
(Australian Securities Exchange)
Recent
price
5.88
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Dropsuite Limited is a cloud-based software platform company headquartered in Melbourne, Australia, specializing in comprehensive data backup, archiving, and recovery solutions for businesses and organizations globally. Founded in 2011, Dropsuite offers a suite of cloud data protection products designed to secure critical information across various digital workloads, including Microsoft 365 Backup (covering email, OneDrive, SharePoint, and Teams); Google Workspace Backup (including Gmail, Drive, Contacts, and Calendar); QuickBooks Online Backup for financial data; Email Backup and Archiving solutions supporting Hosted Exchange, IMAP/POP, and Open-Xchange; Website and Database Backup solutions; and GovCloud Backup services. Additional offerings include GDPR Responder, eDiscovery, business insights through BI, and ransomware protection, targeting industries such as financial services, healthcare, legal, education, government, manufacturing, and utilities. The company’s platforms emphasize automated, secure backups, fast recovery, compliance management, and integration features tailored for managed service providers (MSPs) and enterprise clients across Australia, Singapore, Europe, the United States, and other international markets. In recent strategic developments, Dropsuite entered into a definitive agreement to be acquired by NinjaOne, an automated endpoint management platform company, with the acquisition expected to finalize in the first half of 2025. Valued at approximately US$252 million to US$270 million, this acquisition aims to unify endpoint, server, and SaaS application backup services, extending Dropsuite’s reach and capabilities under NinjaOne’s broader technology suite. This move represents a significant operational and strategic shift, enhancing Dropsuite's product integration and expanding its partner network primarily within Australia and the Asia-Pacific region. The acquisition complements both companies’ partner-first go-to-market approaches and supports Dropsuite’s growth trajectory, including an annual recurring revenue of $53.6 million with 37% year-over-year growth reported in 2025. Dropsuite continues expanding its product feature set, partner acquisitions, and geographic footprint while reinforcing its position as a leading SaaS backup, archiving, and recovery provider in the cloud data protection industry. Dropsuite Limited serves a broad client base including SMEs, enterprises, and public sector organizations, providing cloud backup services that cover critical business data security, disaster recovery, compliance management, and ransomware protection. The company’s solutions protect core business communications, financial data, and websites, delivering a consistent, scalable, and reliable experience across cloud environments. Dropsuite was formerly branded as Dropmysite and has maintained steady business expansion and innovation since its inception, running its operations with a lean team while focusing on software infrastructure technology and cloud services. This description reflects Dropsuite Limited’s current product offerings, industry positioning, and significant corporate changes including its pending acquisition by NinjaOne as of early 2025, with operations spanning globally from its Melbourne headquarters.