Boingo Wireless

Boingo Wireless operates as a service provider of wireless connectivity solutions across its managed and operated network and aggregated network for mobile devices such as laptops, smartphones, tablets and other wireless-enabled consumer devices. The Company acquires long-term wireless rights at venues, such as airports, transportation hubs, stadiums, arenas, universities, convention centers, and office campuses. It also builds wireless networks, such as DAS, Wi-Fi and small cells at those venues, and monetizes the wireless networks through a range of products and services.

Company Growth (employees)
Type
Public
HQ
Los Angeles, US
Founded
2001
Size (employees)
315 (est)
Website
boingo.com
Boingo Wireless was founded in 2001 and is headquartered in Los Angeles, US

Key People/Management at Boingo Wireless

David Hagan

David Hagan

President and CEO
Peter Hovenier

Peter Hovenier

Chief Financial Officer
Dawn Callahan

Dawn Callahan

Senior Vice President of Marketing and Sales
Doug Lodder

Doug Lodder

SVP Business Development

Boingo Wireless Office Locations

Boingo Wireless has offices in Los Angeles, Oak Brook, McKinney, Detroit and in 2 other locations
Los Angeles, US (HQ)
10960 Wilshire Boulevard, Suite 800, 23rd Floor
Detroit, US
295 Lucas Dr
McKinney, US
160 2150 S Central Expy
New Hyde Park, US
2e6 3000 Marcus Ave
Oak Brook, US
415 2215 York Rd
Greater London, GB
Building 3 566 Chiswick High Rd

Boingo Wireless Financials and Metrics

Boingo Wireless Financials

Boingo Wireless's revenue was reported to be $159.3 m in FY, 2016
USD

Revenue (Q3, 2017)

53.7 m

Net income (Q3, 2017)

(3.2 m)

EBIT (Q3, 2017)

(3 m)

Market capitalization (11-Dec-2017)

912.8 m

Cash (30-Sep-2017)

21.6 m

EV

897.3 m
Boingo Wireless's current market capitalization is $912.8 m.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

106.7 m119.3 m139.6 m159.3 m

Revenue growth, %

12%17%14%

EBIT

(1.9 m)(18 m)(21.6 m)(26.1 m)

EBIT margin, %

(2%)(15%)(15%)(16%)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

28.6 m26.5 m28.4 m30.8 m29.4 m34.3 m37.2 m34.5 m39.1 m40.8 m44.3 m49 m53.7 m

General and administrative expense

3.2 m4.4 m4.6 m4.3 m5.8 m5.7 m5.5 m8.2 m7.7 m6.7 m8.1 m11.3 m

Operating expense total

27.8 m31.6 m31.7 m34.3 m37 m40 m41.9 m44.2 m46 m46.2 m50.9 m56.7 m

EBIT

784 k(5.2 m)(3.4 m)(3.5 m)(7.6 m)(5.8 m)(4.8 m)(9.7 m)(7 m)(5.4 m)(6.6 m)(7.7 m)(3 m)
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

22.6 m25.7 m93.9 m58.1 m27.3 m8.8 m14.7 m19.5 m

Accounts Receivable

16.3 m27.9 m43.6 m43 m

Inventories

2.6 m3.9 m3.9 m5.3 m

Current Assets

80.9 m43.1 m62.1 m67.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

44.7 m13.5 m8 m4 m10.6 m20.5 m8.6 m14.7 m9.3 m13.2 m19 m22.3 m21.6 m

Accounts Receivable

13 m18 m26.6 m23.9 m32.3 m40.5 m50.3 m42.7 m48.3 m44.1 m28.2 m27 m39.1 m

Inventories

6.7 m

Current Assets

102.2 m73.1 m69.5 m50.2 m47 m65.5 m63.9 m61.4 m62.2 m62.7 m52.7 m55.4 m67.5 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (3.1 m)(18.8 m)(22.2 m)(27 m)

    Depreciation and Amortization

    2.3 m3.7 m3.6 m3.4 m

    Accounts Receivable

    (2.4 m)(11 m)(16 m)526 k

    Accounts Payable

    (242 k)(2.3 m)3.8 m(465 k)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    524 k(5.3 m)(3.5 m)(3.6 m)(7.8 m)(13.7 m)(18.6 m)(9.9 m)(17.2 m)(22.8 m)(6.8 m)(14.6 m)(3.2 m)

    Depreciation and Amortization

    928 k959 k893 k873 k943 k865 k862 k855 k911 k

    Accounts Receivable

    26.6 m23.9 m32.3 m(12.6 m)(22.5 m)845 k(4.7 m)(509 k)14.8 m16 m39.1 m

    Inventories

    6.7 m
      USDY, 2017

      EV/EBIT

      -300.2 x

      Revenue/Employee

      170.3 k

      Debt/Equity

      0.1 x

      Financial Leverage

      4 x
      Show all financial metrics

      Boingo Wireless Operating Metrics

      FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

      Wi-Fi Hotspots

      1 m1 m1 m1 m1.5 m1.5 m1.5 m1.5 m1.5 m1.5 m1.5 m

      Countries

      9090100100100100100100100100100

      Retail Customers

      254 k235 k225 k212 k204 k18.7 m184 k185 k195 k194 k195 k

      Subscribers (Military)

      20 k32 k40 k46 k57 k69 k79 k86 k107 k128 k131 k
      Show all operating metrics

      Boingo Wireless Market Value History

      Boingo Wireless Revenue Breakdown

      Boingo Wireless Median Salaries

      Source: 24 public H-1B filings from Boingo Wireless

      Boingo Wireless's Web-traffic and Trends

      Boingo Wireless Online and Social Media Presence

      Boingo Wireless Company Life and Culture

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