OverviewSuggest Edit

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.

TypePublic
Founded2001
HQLos Angeles, US
Websiteboingo.com
Employee Ratings2.3
Culture scoreD

Latest Updates

Employees (est.) (Dec 2019)408(-11%)
Job Openings14
Revenue (FY, 2019)$263.8 M(+6%)
Share Price (May 2020)$14 (-1%)

Key People/Management at Boingo Wireless

Lance Rosenzweig

Lance Rosenzweig

Chairman
Mike Finley

Mike Finley

Chief Executive Officer
Maury Austin

Maury Austin

Director
Peter Hovenier

Peter Hovenier

CFO
Roy H. Chestnutt

Roy H. Chestnutt

Director
Derek Peterson

Derek Peterson

Chief Technology Officer
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Boingo Wireless Office Locations

Boingo Wireless has offices in Los Angeles, McKinney, Oak Brook, Romulus and in 1 other location
Los Angeles, US (HQ)
10960 Wilshire Blvd
McKinney, US
2150 S Central Expy STE 160
Oak Brook, US
2215 York Rd #415
London, GB
Building 3 566 Chiswick High Rd
Show all (5)

Boingo Wireless Financials and Metrics

Boingo Wireless Revenue

Boingo Wireless's revenue was reported to be $263.79 m in FY, 2019
USD

Revenue (Q1, 2020)

59.9m

Net income (Q1, 2020)

(4.7m)

EBIT (Q1, 2020)

(2.6m)

Market capitalization (22-May-2020)

620.6m

Closing stock price (22-May-2020)

14.0

Cash (31-Mar-2020)

145.9m

EV

760.6m
Boingo Wireless's current market capitalization is $620.6 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

94.6m102.5m106.7m119.3m139.6m159.3m204.4m250.8m263.8m

Revenue growth, %

12%17%14%

Cost of goods sold

15.8m14.5m18.4m25.5m33.5m42.3m47.6m52.2m

Gross profit

78.7m88.0m88.3m93.8m106.1m117.0m156.8m198.6m
Annual
usdY, 2009Y, 2010FY, 2011Y, 2011FY, 2012Y, 2012Y, 2013FY, 2013Y, 2014FY, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

22.6m25.7m93.9m93.9m58.1m58.1m27.3m27.3m8.8m8.8m14.7m14.7m19.5m26.7m149.4m40.4m

Accounts Receivable

7.4m11.0m16.3m16.3m27.9m27.9m43.6m43.6m43.0m26.1m42.8m33.4m

Prepaid Expenses

1.1m2.1m2.6m3.9m3.9m6.4m7.8m8.2m

Inventories

2.6m3.9m3.9m5.3m
USDY, 2020

EV/EBIT

-294.2 x

EV/CFO

40 x

Financial Leverage

7.9 x
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Boingo Wireless Operating Metrics

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

Countries

90 90 100 100 100 100 100 100 100 100 100

Retail Customers

254 k235 k225 k212 k204 k187 k184 k185 k195 k194 k195 k

Subscribers (Military)

20 k32 k40 k46 k57 k69 k79 k86 k107 k128 k131 k

Wi-Fi Hotspots

1 m1 m1 m1 m1.50 m1.50 m1.50 m1.50 m1.50 m1.50 m1.50 m
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Boingo Wireless Revenue Breakdown

Embed Graph

Boingo Wireless revenue breakdown by business segment: 36.5% from DAS, 25.1% from Military, 16.7% from Retail, 13.9% from Wholesale—Wi-Fi and 7.7% from Advertising and other

Boingo Wireless Online and Social Media Presence

Embed Graph

Boingo Wireless Company Culture

  • Overall Culture

    D

    59/100

  • CEO Rating

    F

    56/100

  • Compensation

    C+

    68/100

Learn more on Comparably

Boingo Wireless News and Updates

Boingo Wireless Said to Explore Sale After Takeover Interest

Boingo Wireless Is Said to Explore Sale After Takeover Interest

Boingo Wireless stock falls 16% after weak guidance

Boingo Wireless Inc. shares fell more than 15% in the extended session Wednesday after the company told investors it expected a weaker-than-expected first-quarter. The company reported fourth-quarter net income of $416,000, or 1 cent a share, compared with losses of $1 million, or 2 cents a share, …

Boingo Wireless Announces Participation at Upcoming November Investor Conferences

LOS ANGELES, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Boingo Wireless, Inc. (NASDAQ: WIFI), the leading distributed antenna system (DAS) and Wi-Fi provider that serves carriers, consumers and advertisers worldwide, today announced that Boingo management will participate in the following upcoming investor…

Boingo Wireless Announces Participation at Oppenheimer’s 21st Annual Technology, Internet and Communications Conference

LOS ANGELES, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Boingo Wireless, Inc. (NASDAQ:WIFI), the leading distributed antenna system (DAS) and Wi-Fi provider that serves carriers, consumers and advertisers worldwide, today announced that it will participate in Oppenheimer’s 21st Annual Technology, Internet …

Boingo Wireless Agrees to Acquire Elauwit Networks

Transaction marks Boingo’s expansion into the high-growth multifamily market for Wi-Fi connectivity Transaction marks Boingo’s expansion into the high-growth multifamily market for Wi-Fi connectivity

Boingo Wireless Frequently Asked Questions

  • When was Boingo Wireless founded?

    Boingo Wireless was founded in 2001.

  • Who are Boingo Wireless key executives?

    Boingo Wireless's key executives are Lance Rosenzweig, Mike Finley and Maury Austin.

  • How many employees does Boingo Wireless have?

    Boingo Wireless has 408 employees.

  • What is Boingo Wireless revenue?

    Latest Boingo Wireless annual revenue is $263.8 m.

  • What is Boingo Wireless revenue per employee?

    Latest Boingo Wireless revenue per employee is $646.5 k.

  • Who are Boingo Wireless competitors?

    Competitors of Boingo Wireless include Sprint, Smart Communications and Alaska Communications.

  • Where is Boingo Wireless headquarters?

    Boingo Wireless headquarters is located at 10960 Wilshire Blvd, Los Angeles.

  • Where are Boingo Wireless offices?

    Boingo Wireless has offices in Los Angeles, McKinney, Oak Brook, Romulus and in 1 other location.

  • How many offices does Boingo Wireless have?

    Boingo Wireless has 5 offices.