Boingo Wireless

Boingo Wireless, Inc., the world's leading Wi-Fi software and services provider, makes it easy, convenient and cost-effective for people to enjoy Wi-Fi access on their laptop or mobile device at more than 325,000 hotspots worldwide. With a single account, Boingo users can access the mobile Internet via Boingo Network locations that include the top airports around the world, major hotel chains, coffee shops, restaurants, convention centers and metropolitan hot zones. Boingo and its Concourse Communications Group subsidiary operate wired and wireless networks at large-scale venues worldwide such as airports, major sporting arenas, malls, and convention centers, as well as quick serve restaurants.

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

Dave Hagan

Dave Hagan

President and CEO
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

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
New Hyde Park, US
2e6 3000 Marcus Ave
Greater London, GB
Building 3 566 Chiswick High Rd
Detroit, US
295 Lucas Dr
McKinney, US
160 2150 S Central Expy
Oak Brook, US
415 2215 York Rd

Boingo Wireless Financials and Metrics

Boingo Wireless Financials

Boingo Wireless's revenue was reported to be $44.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

44.3 m

Net income (Q1, 2017)

(6.8 m)

EBIT (Q1, 2017)

(6.6 m)

Market capitalization (16-Oct-2017)

854.1 m

Cash (31-Mar-2017)

19 m
Boingo Wireless's current market capitalization is $854.1 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%)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

28.4 m30.8 m29.4 m34.3 m37.2 m34.5 m39.1 m40.8 m44.3 m

General and administrative expense

4.6 m4.3 m5.8 m5.7 m5.5 m8.2 m7.7 m6.7 m8.1 m

Operating expense total

4.6 m4.3 m5.8 m5.7 m5.5 m8.2 m7.7 m6.7 m8.1 m

EBIT

(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)
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

8 m4 m10.6 m20.5 m8.6 m14.7 m9.3 m13.2 m19 m

Accounts Receivable

26.6 m23.9 m32.3 m40.5 m50.3 m42.7 m48.3 m44.1 m28.2 m

Current Assets

69.5 m50.2 m47 m65.5 m63.9 m61.4 m62.2 m62.7 m52.7 m

PP&E

93.5 m106.1 m120.8 m152 m192.9 m225 m236.7 m250.3 m250.9 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)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(3.5 m)(3.6 m)(7.8 m)(5.8 m)(4.9 m)(9.9 m)(7.2 m)(5.6 m)(6.8 m)

Depreciation and Amortization

928 k959 k893 k873 k943 k865 k862 k855 k911 k

Accounts Receivable

26.6 m23.9 m32.3 m40.5 m50.3 m42.7 m48.3 m44.1 m28.2 m

Accounts Payable

15.4 m10.9 m11.4 m15.5 m33.3 m19.9 m14.3 m17.8 m10 m
USDY, 2017

Revenue/Employee

140.7 k

Financial Leverage

3.9 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

Traffic Overview of Boingo Wireless

Boingo Wireless Online and Social Media Presence

Boingo Wireless Company Life and Culture

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