OverviewSuggest Edit

Fusion Connect (formerly Fusion Telecommunications) is a company providing carrier services, cloud communications, connectivity, and computing solutions. It offers business voice, connectivity, networking and security, and managed IT products. The company serves healthcare, legal, and retail industries, as well as non-profits and restaurants.
TypePublic
Founded1997
HQNew York, US
Websitefusionconnect.com
Employee Ratings2.3

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2017)271(-11%)
Job Openings40
Revenue (FY, 2017)$150.5 M(+21%)
Share Price (Jan 2020)$0 (-25%)

Key People/Management at Fusion Connect

Matthew Rosen

Matthew Rosen

Chairman
Kevin Brand

Kevin Brand

President and Chief Operating Officer, Interim Chief Executive Officer
Russell P. Markman

Russell P. Markman

Advisor
Keith Soldan

Keith Soldan

Chief Financial Officer
Holcombe T. Green Jr.

Holcombe T. Green Jr.

Vice Chairman of the Board of Directors
Marvin S. Rosen

Marvin S. Rosen

Co-Founder and Director
Show more

Fusion Connect Office Locations

Fusion Connect has offices in New York, Atlanta, Beachwood, Emporia and in 8 other locations
New York, US (HQ)
420 Lexington Ave #1718
Atlanta, US
210 Interstate N Pkwy #300Atlanta
Beachwood, US
23250 Chagrin Blvd #250
Emporia, US
1301 Chestnut St
Fairfield, US
695 US-46 #200
Herndon, US
13921 Park Center Rd
Show all (12)

Fusion Connect Financials and Metrics

Fusion Connect Revenue

Embed Graph
View revenue for all periods
Fusion Connect's revenue was reported to be $150.53 m in FY, 2017 which is a 20.8% increase from the previous period.
USD

Revenue (FY, 2017)

150.5m

Revenue growth (FY, 2016 - FY, 2017), %

20.8%

Gross profit (FY, 2017)

67.5m

Gross profit margin (FY, 2017), %

44.8%

Net income (FY, 2017)

(14.1m)

EBIT (FY, 2017)

(5.4m)

Market capitalization (8-Jan-2020)

459.8k

Closing stock price (8-Jan-2020)

0.0

Cash (31-Dec-2017)

2.5m

EV

91.5m
Fusion Connect's current market capitalization is $459.8 k.
USDFY, 2015FY, 2016FY, 2017

Revenue

101.7m124.7m150.5m

Revenue growth, %

23%21%

Cost of goods sold

56.7m70.7m83.0m

Gross profit

45.0m54.0m67.5m
USDFY, 2015FY, 2016FY, 2017

Cash

7.5m7.2m2.5m

Accounts Receivable

7.7m9.4m13.0m

Prepaid Expenses

1.6m1.1m2.1m

Current Assets

16.8m17.7m17.6m
USDFY, 2015FY, 2016FY, 2017

Net Income

(8.2m)(12.7m)(14.1m)

Depreciation and Amortization

13.0m13.1m14.5m

Accounts Payable

2.0m(1.3m)5.4m

Cash From Operating Activities

(152.6k)326.3k5.3m
USDY, 2017

EV/EBIT

-17 x

EV/CFO

17.2 x

Revenue/Employee

555.5k

Debt/Equity

-74.5 x

Debt/Assets

0.8 x

Financial Leverage

-97.2 x
Show all financial metrics

Fusion Connect Revenue Breakdown

Embed Graph

Fusion Connect revenue breakdown by business segment: 78.0% from Business Services and 22.0% from Carrier Services

Fusion Connect Online and Social Media Presence

Embed Graph

Fusion Connect Blogs

Fusion Announces Leadership Transition

Kevin Brand Appointed Interim Chief Executive Officer and Promoted to President and Chief Operating Officer ATLANTA, Oct. 7, 2019 /PRNewswire/ -- Fusion (OTC-MKTS: FSNNQ), a leading provider of cloud services, today announced that the company's Board of Directors has appointed Kevin Brand, most r…

Enterprise Accounts Continue to Expand with Fusion

Total Contract Value of Major Retailer Grows to Nearly $6.0 million since March NEW YORK, Aug. 27, 2019 /PRNewswire/ -- Fusion (OTC-MKTS: FSNNQ), a leading provider of cloud services, today announced a nearly $2 million increase in total contracted revenue with a global retailer of video, consume…

Fusion Connect Frequently Asked Questions

  • When was Fusion Connect founded?

    Fusion Connect was founded in 1997.

  • Who are Fusion Connect key executives?

    Fusion Connect's key executives are Matthew Rosen, Kevin Brand and Russell P. Markman.

  • How many employees does Fusion Connect have?

    Fusion Connect has 271 employees.

  • What is Fusion Connect revenue?

    Latest Fusion Connect annual revenue is $150.5 m.

  • What is Fusion Connect revenue per employee?

    Latest Fusion Connect revenue per employee is $555.5 k.

  • Who are Fusion Connect competitors?

    Competitors of Fusion Connect include Bigleaf Networks, Synoverge Technologies and PropelPLM.

  • Where is Fusion Connect headquarters?

    Fusion Connect headquarters is located at 420 Lexington Ave #1718, New York.

  • Where are Fusion Connect offices?

    Fusion Connect has offices in New York, Atlanta, Beachwood, Emporia and in 8 other locations.

  • How many offices does Fusion Connect have?

    Fusion Connect has 12 offices.