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.
Company Growth (employees)
Type
Public
HQ
Ottawa, CA
Founded
1969
Size (employees)
3,300 (est)
Website
mitel.com
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
Show all (13)

Mitel Networks Financials and Metrics

Mitel Networks Financials

Mitel Networks's revenue was reported to be $223.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

223.1 m

Gross profit (Q1, 2017)

119.1 m

Gross profit margin (Q1, 2017), %

53%

Net income (Q1, 2017)

(21.1 m)

EBIT (Q1, 2017)

(6.5 m)

Market capitalization (19-Oct-2017)

1 b

Closing share price (19-Oct-2017)

8.7

Cash (31-Mar-2017)

56.5 m
Mitel Networks's current market capitalization is $1 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

1.1 b1 b987.6 m

Revenue growth, %

(7%)(4%)

Cost of goods sold

455.6 m

Gross profit

532 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

288.7 m272.4 m248.1 m276.9 m290.7 m276.1 m307.2 m279.8 m223.1 m

Cost of goods sold

136.9 m129.5 m117.7 m127.2 m138 m128.3 m135 m131.5 m104 m

Gross profit

151.8 m142.9 m130.4 m149.7 m152.7 m147.8 m172.2 m148.3 m119.1 m

Gross profit Margin, %

53%52%53%54%53%54%56%53%53%
USDFY, 2014FY, 2015FY, 2016

Cash

111.3 m91.6 m97.3 m

Accounts Receivable

237.5 m290.2 m186.3 m

Inventories

88.3 m92.8 m74.9 m

Goodwill

340.3 m658.6 m346.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

134.2 m120.1 m100.8 m76 m82.9 m83.4 m61.2 m73.3 m56.5 m

Accounts Receivable

230.1 m207.8 m195 m276.3 m239.6 m245 m258.3 m250 m173 m

Inventories

89.3 m93 m93.9 m110.4 m110.9 m90.3 m91.6 m95.3 m78.2 m

Goodwill

333.4 m334.1 m340.3 m657.9 m664.6 m658.6 m658.6 m658.6 m346.3 m
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)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

800 k(5.3 m)5.3 m(11.6 m)(8.1 m)(22.4 m)(10.8 m)25.1 m(21.1 m)

Depreciation and Amortization

19.6 m19.7 m19.3 m25.5 m28.6 m25.4 m24.4 m26 m12.8 m

Cash From Operating Activities

25.8 m20.4 m21.1 m(1.9 m)17.3 m36.8 m(4 m)29.7 m10.7 m

Cash From Investing Activities

(4.3 m)(4.4 m)(1.1 m)(349.9 m)(3.9 m)(5 m)(2.3 m)(4.6 m)316 m
USDY, 2017

Revenue/Employee

67.6 k
Show all financial metrics

Mitel Networks Operating Metrics

Mitel Networks's Users was reported to be 60 m in FY, 2016
FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017May, 2017

Channel Partners

2.5 k2.5 k2 k

Users

60 m60 m60 m

Cloud Communications End Users

1 m2 m2.19 m2.47 m2.65 m3.09 m3 m3.26 m

Patents and Patent Applications

1.6 k1.8 k1.6 k
Show all operating metrics

Mitel Networks Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ShoreTelJuly 27, 2017$430 m

Mitel Networks Market Value History

Mitel Networks Revenue Breakdown

Mitel Networks Job Categories

Traffic Overview of Mitel Networks

Mitel Networks Online and Social Media Presence

Mitel Networks Company Life and Culture

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