Mitel Networks

Powering more than 2 billion connections every day, Mitel helps businesses connect, collaborate and take care of their customers. That includes more than 33 million cloud connections daily, making Mitel the world’s fastest growing provider of cloud communications. Our business communications experts serve more than 60 million users with over 2,500 channel partners in more than 100 countries. We have #1 market share in EMEA and have been identified by top industry analyst firms as a business communications leader.
Ottawa, CA
Size (employees)
3,300 (est)-26%
Mitel Networks was founded in 1969 and is headquartered in Ottawa, CA

Mitel Networks Office Locations

Mitel Networks has offices in Ottawa, Burnaby, Montréal, Mesa and in 9 other locations
Ottawa, CA (HQ)
350 Legget Dr
Hong Kong, HK
2002 88 Hing Fat St
Dubai, AE
263 Dubai Internet City 17
Warszawa, PL
26 Piękna
Berlin, DE
1 Zeughofstraße
Taastrup, DK
342 Roskildevej
Monterrey, MX
6219 Pantera
New York, US
1 Pennsylvania Plaza
New Providence, US
405 430 Mountain Ave
Mesa, US
1146 N Alma School Rd
Montréal, CA
210 1111 Boulevard Dr Frederik Philips
Burnaby, CA
240 4400 Dominion St

Mitel Networks Data and Metrics

Mitel Networks Financial Metrics

Mitel Networks's revenue was reported to be $987.6 m in FY, 2016 which is a 176% increase from the previous period.
$, USD

Revenue (FY, 2016)

987.6 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

532 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(217.3 m)

EBIT (FY, 2016)

49.8 m

Market capitalization (23-Jun-2017)

899.6 m

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

97.3 m


1.4 b
Mitel Networks's current market capitalization is $899.6 m.
$, USDFY, 2014FY, 2015FY, 2016


357.3 m357.3 m987.6 m

Revenue growth, %


Cost of goods sold

153.3 m153.3 m455.6 m

Gross profit

204 m204 m532 m

Gross profit Margin, %



2.5 m2.5 m49.8 m

EBIT margin, %


Pre tax profit

(15.6 m)(15.6 m)33.7 m

Net Income

(5.5 m)(5.5 m)(217.3 m)
$, USDFY, 2014FY, 2015FY, 2016


111.3 m91.6 m97.3 m

Accounts Receivable

237.5 m290.2 m186.3 m


88.3 m92.8 m74.9 m


340.3 m658.6 m346.3 m

Total Assets

1.3 b1.9 b1.6 b

Total Debt

316.8 m645.3 m586 m

Additional Paid-in Capital

38 m49 m57.1 m

Retained Earnings

(698.6 m)(719.3 m)(946.7 m)

Debt to Assets Ratio

0.2 x0.3 x0.4 x
$, USDFY, 2014FY, 2015FY, 2016

Net Income

(5.5 m)(5.5 m)(217.3 m)

Depreciation and Amortization

25.5 m25.5 m100.7 m

Cash From Operating Activities

17.7 m17.7 m99.7 m

Cash From Investing Activities

(26 m)(26 m)(17.3 m)

Long-term Borrowings

(21.5 m)

Cash From Financing Activities

(21.9 m)(21.9 m)(69 m)
Y, 2016


27.9 x


13.9 x


0.4 x

Mitel Networks Market Value History

Mitel Networks Online and Social Media Presence

Mitel Networks News and Updates

Mitel Networks Company Life and Culture

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