iPass is a provider of global mobile connectivity, offering Wi-Fi on mobile devices. The Company, through its mobile connectivity services segment, offers a cloud-based solution allowing its customers and their users' access to its global Wi-Fi network to stay connected. Its services are categorized two approaches: enterprise and strategic partnerships. Enterprise focuses on providing mobile connectivity solutions to enterprises, from large to small. Strategic partnerships is executed through business development deals intended to open channel distributions for its product to reach the consumer market.

Employee Rating

2.4More
TypePublic
HQRedwood City, US
Founded1996
Size (employees)158 (est)-3%
Websiteipass.com
iPass was founded in 1996 and is headquartered in Redwood City, US
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iPass Office Locations

iPass has an office in Redwood City
Redwood City, (HQ)
3800 Bridge Pkwy
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iPass Financials and Metrics

iPass Revenue

iPass's revenue was reported to be $54.40 m in FY, 2017
USD

Revenue (Q3, 2018)

9.3m

Net income (Q3, 2018)

(5.6m)

EBIT (Q3, 2018)

(4.7m)

Market capitalization (4-Dec-2018)

14.8m

Closing stock price (4-Dec-2018)

1.9

Cash (30-Sep-2018)

4.9m
iPass's current market capitalization is $14.8 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

111.1m69.8m62.6m63.2m54.4m

Revenue growth, %

(37%)(10%)1%

Sales and marketing expense

18.3m10.3m11.2m10.2m

General and administrative expense

21.3m14.7m10.8m11.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

26.9m25.3m17.8m17.3m16.6m15.6m15.0m14.7m16.5m15.9m14.3m13.5m13.4m11.4m10.5m9.3m

Sales and marketing expense

4.4m5.0m4.2m3.5m3.2m2.4m2.5m2.8m2.9m2.7m2.5m2.6m2.5m2.5m2.4m2.8m

General and administrative expense

4.9m5.0m4.2m4.3m4.2m4.0m3.1m3.0m2.8m2.6m2.8m2.5m3.4m2.6m3.0m2.4m

R&D expense

3.2m3.4m2.9m2.9m3.0m2.5m2.5m2.1m1.8m1.6m2.0m2.1m1.9m2.0m2.0m1.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

24.0m33.8m20.3m16.1m5.2m

Current Assets

43.6m48.2m33.1m30.0m16.2m

PP&E

8.4m6.2m4.0m2.5m1.3m

Total Assets

54.9m55.3m37.8m33.2m18.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

25.2m20.1m41.7m37.1m28.6m26.9m24.2m17.2m16.1m17.2m13.5m10.4m7.1m2.8m8.2m4.9m

Accounts Receivable

10.2m10.1m

Current Assets

46.7m38.2m58.9m52.5m44.0m40.0m36.9m30.0m29.4m29.7m26.2m21.6m18.4m12.4m18.3m14.3m

PP&E

6.4m8.2m7.4m6.8m5.8m5.2m4.6m3.4m2.8m2.3m2.2m1.9m1.7m1.1m1.0m1.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(12.3m)7.0m(15.5m)(7.8m)(20.6m)

Depreciation and Amortization

2.8m3.3m2.9m2.5m1.6m

Inventories

625.0k(404.0k)(529.0k)1.5m

Accounts Payable

2.1m(1.6m)(946.0k)414.0k2.3m
USDY, 2018

Financial Leverage

-2.1 x
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iPass Operating Metrics

FY, 2016

Countries

120

Hotspots

60 m
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iPass Revenue Breakdown

Embed Graph

iPass revenue breakdown by geographic segment: 9.0% from Asia Pacific, 49.0% from Europe, Middle East and Africa, 41.0% from United States and 1.0% from Other

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iPass Online and Social Media Presence

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iPass News and Updates

iPass and Deutsche Telekom Strengthen Their Partnership

REDWOOD SHORES, Calif., Nov. 26, 2018 (GLOBE NEWSWIRE) -- iPass Inc. (NASDAQ: IPAS), a leading provider of global mobile connectivity and location technology, today announced that Deutsche Telekom AG (DTAG) has signed a seven-figure deal to license iPass SmartConnectTM. The technology improves the…

Pareteum Enters into Definitive Agreement to Acquire iPass

NEW YORK and REDWOOD SHORES, Calif., Nov. 12, 2018 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, and iPass, Inc. (Nasdaq: IPAS), a provider of global mobile connectivity, and location and performance data, today announced that they have entered...

Pareteum to support launch of Kyiv, Ukraine's first US-based Smart City Accelerator in Silicon Valley on Nov. 15 with iPass

Company platform will enable technical solutions to civic challenges such as poverty and healthcare

iPass Continues to Optimize Wi-Fi Roaming Experience with Latest Patent

Patented “Hop on/Hop off” technology automatically connects users in motion to best available network Patented “Hop on/Hop off” technology automatically connects users in motion to best available network

iPass Launches Airline Enablement Platform

New iPass SmartConnect™ for Airlines optimizes passenger experience to drive loyalty, engagement and monetization opportunities; keeps passengers, employees and crew connected wherever they are New iPass SmartConnect™ for Airlines optimizes passenger experience to drive loyalty, engagement and monet…
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iPass Blogs

ABI Research: Wi-Fi 6 Adoption Will Outpace 5G

On November 20th, 2018, ABI Research published some good news for the Wi-Fi enthusiasts out there. According to their findings, Wi-Fi will retain the connectivity crown even in the 5G era. Hooray to that! Indeed, ABI forecasts that 1 billion Wi-Fi 6 (aka 802.11ax) chipsets will be shipped annually b…

Findings From The WBA Annual Industry Report 2019

The Wireless Broadband Alliance (WBA) recently wrapped up their latest and greatest Wireless Global Congress event in London. Before they did so, they had some inspiring words for folks in attendance and those across the industry. These words came courtesy of their Annual Industry Report for 2019, w…

Hotspot Highlight: Plymouth

Let’s rewind the tape for a moment. In September of the year 1620 (well before the advent of Wi-Fi), roughly 100 people set sail from Plymouth, England aboard the Mayflower, in search of religious freedom in the New World. By December of the same year, they had landed in Plymouth Harbour, Massachuse…

FCC Votes to Potentially Double Current Wi-Fi Bands

On October 23rd, 2018, the FCC Commissioners and Chairman voted unanimously to release up to 1.2 GHz of additional unlicensed Wi-Fi spectrum in and around the 6 GHz band. While the vote was only procedural, it has nevertheless set in motion a regulatory process that puts the United States on track t…

Hotspot Highlight: Florence, Italy

How does one describe Florence? Beautiful seems too obvious. Inspiring is, perhaps, uninspired. And really, no suite of carefully placed adverbs can do it any justice. Indeed, it may simply be best to describe what the City of Lilies— the city of Dante— evokes in her citizens and visitors alike. The…

Wi-Fi Accounts for 75% of US Mobile Data Traffic

How much data are people using? And how much are they paying for it? These are perhaps the two most frequently asked questions in the wireless industry. A partnership between Fierce Wireless and Strategy Analytics has added some color to the conversation. They found that roughly 75% of Q2 US mobile …
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iPass Company Life and Culture

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iPass Frequently Asked Questions

  • When was iPass founded?

    iPass was founded in 1996.

  • How many employees does iPass have?

    iPass has 158 employees.

  • What is iPass revenue?

    Latest iPass annual revenue is $54.4 m.

  • What is iPass revenue per employee?

    Latest iPass revenue per employee is $344.3 k.

  • Who are iPass competitors?

    Competitors of iPass include Iplook, Litmus Automation and Summa Networks.

  • Where is iPass headquarters?

    iPass headquarters is located at 3800 Bridge Pkwy, Redwood City.

  • Where are iPass offices?

    iPass has an office in Redwood City.

  • How many offices does iPass have?

    iPass has 1 office.