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.

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 Financials and Metrics

iPass Financials

iPass's revenue was reported to be $63.2 m in FY, 2016
USD

Revenue (Q2, 2017)

13.5 m

Net income (Q2, 2017)

(5.3 m)

EBIT (Q2, 2017)

(4.9 m)

Market capitalization (13-Nov-2017)

35.6 m

Cash (30-Jun-2017)

10.4 m
iPass's current market capitalization is $35.6 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, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

26.9 m25.3 m17.3 m16.6 m15.6 m15 m14.7 m16.5 m15.9 m14.3 m13.5 m

Sales and marketing expense

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

R&D expense

3.2 m3.4 m2.9 m3 m2.5 m2.5 m2.1 m1.8 m1.6 m2 m2.1 m

General and administrative expense

4.9 m5 m4.3 m4.2 m4 m3.1 m3 m2.8 m2.6 m2.8 m2.5 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, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

25.2 m20.1 m37.1 m28.6 m26.9 m24.2 m17.2 m16.1 m17.2 m13.5 m10.4 m

Accounts Receivable

10.2 m10.1 m

Current Assets

46.7 m38.2 m52.5 m44 m40 m36.9 m30 m29.4 m29.7 m26.2 m21.6 m

PP&E

6.4 m8.2 m6.8 m5.8 m5.2 m4.6 m3.4 m2.8 m2.3 m2.2 m1.9 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, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(2.8 m)(5.5 m)(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
Y, 2017

Financial Leverage

2.4 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

iPass's Web-traffic and Trends

iPass Online and Social Media Presence

iPass News and Updates

CEOs are the 'biggest risk' to enterprise security

Stay away from the public WiFi, boss.

iPass Company Life and Culture

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