iPass is the industry pioneer in global, mobile connectivity, ensuring unlimited access to unlimited content on an unlimited number of devices. Founded in 1996, iPass is the world’s largest Wi-Fi network, with 57 million hotspots in airports, hotels, airplanes, and public spaces in more than 120 countries across the globe. Our hosted Wi-Fi-as-a-Service solution is easy, convenient, secure, and always on.

Expanding on its already established reputation as the premier provider of global Wi-Fi hotspots, iPass connects customers with the people and information that matter most. We are dedicated to delivering the highest quality, most cost-efficient solution on the market today.

Company Growth (employees)
Type
Public
HQ
Redwood City, US
Founded
1996
Size (employees)
163 (est)-20%
Website
ipass.com
iPass was founded in 1996 and is headquartered in Redwood City, US

iPass Office Locations

iPass has an office in Redwood City
Redwood City, US (HQ)
3800 Bridge Pkwy

iPass Data and Metrics

iPass Financial Metrics

iPass's revenue was reported to be $14.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

14.3 m

Net income (Q1, 2017)

(4.3 m)

EBIT (Q1, 2017)

(4.2 m)

Market capitalization (21-Sep-2017)

36.8 m

Cash (31-Mar-2017)

13.5 m
iPass's current market capitalization is $36.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

111.1 m69.8 m62.6 m63.2 m

Revenue growth, %

(37%)(10%)1%

Sales and marketing expense

11.2 m

R&D expense

7.3 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

17.3 m16.6 m15.6 m15 m14.7 m16.5 m15.9 m14.3 m

Sales and marketing expense

3.5 m3.2 m2.4 m2.5 m2.8 m2.9 m2.7 m2.5 m

R&D expense

2.9 m3 m2.5 m2.5 m2.1 m1.8 m1.6 m2 m

General and administrative expense

4.3 m4.2 m4 m3.1 m3 m2.8 m2.6 m2.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

24 m33.8 m20.3 m16.1 m

Current Assets

43.6 m48.2 m33.1 m30 m

PP&E

8.4 m6.2 m4 m2.5 m

Total Assets

54.9 m55.3 m37.8 m33.2 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

37.1 m28.6 m26.9 m24.2 m17.2 m16.1 m17.2 m13.5 m

Accounts Receivable

10.2 m10.1 m

Current Assets

52.5 m44 m40 m36.9 m30 m29.4 m29.7 m26.2 m

PP&E

6.8 m5.8 m5.2 m4.6 m3.4 m2.8 m2.3 m2.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(12.3 m)7 m(15.5 m)(7.8 m)

Depreciation and Amortization

2.8 m3.3 m2.9 m2.5 m

Accounts Receivable

1.8 m2.8 m234 k(2.6 m)

Inventories

625 k(404 k)(529 k)1.5 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(1.3 m)(4.3 m)

Accounts Receivable

10.2 m10.1 m

Accounts Payable

8 m6.3 m6.2 m7 m7 m6.8 m5.9 m6.6 m
USDY, 2017

Revenue/Employee

77.6 k

Financial Leverage

2 x
Show all financial metrics

iPass Operating Metrics

FY, 2016

Countries

120

Hotspots

60 m
Show all operating metrics

iPass Market Value History

iPass Revenue Breakdown

Traffic Overview of iPass

iPass Online and Social Media Presence

iPass News and Updates

BRIEF-iPass to give customers access to United Airlines wi-fi inflight network

* Entered into an agreement with United Airlines to provide iPass customers with wi-fi access to United Airlines wi-fi inflight network

iPass Company Life and Culture

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