Ooma is a telecommunications company offering consumer and business products that provide free and low-cost U.S. and Canadian telephone calling and advanced cloud-based telephony services to its global base of customers. The Company offers multi-user communications systems for small businesses and Business Promoter, a service that helps businesses generate new customer leads. It also provides a home communications solution designed to serve as the primary phone line in the home. In addition, Ooma sells specially designed handsets, remote phone jacks, speakerphones and adapters.

Employee Rating

4.1More
TypePublic
HQSunnyvale, US
Founded2004
Size (employees)180 (est)+30%
Websiteooma.com
Ooma was founded in 2004 and is headquartered in Sunnyvale, US
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Key People/Management at Ooma

Eric Stang

Eric Stang

CEO
Ravi Narula

Ravi Narula

CFO
Jim Gustke

Jim Gustke

VP Marketing
Dennis Peng

Dennis Peng

VP Product Management
Tim Sullivan

Tim Sullivan

VP Sales
Spencer Jackson

Spencer Jackson

VP and General Counsel
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Ooma Office Locations

Ooma has offices in Sunnyvale and Palo Alto
Sunnyvale, US (HQ)
525 Almanor Avenue, Suite 200
Palo Alto, US
1880 Embarcadero Rd
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Ooma Financials and Metrics

Ooma Revenue

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Ooma's revenue was reported to be $114.49 m in FY, 2018 which is a 9.5% increase from the previous period.
USD

Revenue (Q3, 2019)

32.6m

Gross profit (Q3, 2019)

20.1m

Gross profit margin (Q3, 2019), %

61.6%

Net income (Q3, 2019)

(3.5m)

EBIT (Q3, 2019)

(3.9m)

Market capitalization (14-Dec-2018)

272.8m

Closing stock price (14-Dec-2018)

13.6

Cash (31-Oct-2018)

13.4m
Ooma's current market capitalization is $272.8 m.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

72.2m88.8m104.5m114.5m

Revenue growth, %

35%23%18%10%

Cost of goods sold

36.7m41.9m45.2m46.4m

Gross profit

35.5m46.9m59.3m68.1m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

19.9m21.1m23.5m24.5m25.5m27.0m27.6m28.2m28.5m30.2m31.7m32.6m

Cost of goods sold

9.8m9.9m11.0m10.8m10.9m11.7m11.5m11.6m11.3m12.3m12.9m12.5m

Gross profit

10.0m11.2m12.5m13.6m14.5m15.3m16.0m16.6m17.2m17.9m18.8m20.1m

Gross profit Margin, %

50%53%53%56%57%57%58%59%60%59%59%62%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

9.1m27.4m4.0m4.5m

Accounts Receivable

4.4m5.6m4.7m2.9m

Prepaid Expenses

945.0k1.3m1.9m3.3m

Inventories

8.1m5.0m5.8m6.1m
Quarterly
USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

59.2mwdxefcqufszuzezftuxetqsqxt57.3m9.0m6.7m6.3m9.0m10.4m4.9m8.5m16.9m13.4m

Accounts Receivable

4.9m6.2m5.0m4.5m4.9m4.4m4.3m3.5m3.5m3.1m2.9m

Prepaid Expenses

1.1m1.4m1.5m1.6m2.0m1.9m1.9m3.1m

Inventories

7.2m5.8m3.9m4.6m4.6m7.0m6.8m6.2m6.4m7.6m7.8m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(6.4m)(14.1m)(12.9m)(13.1m)

Depreciation and Amortization

896.0k1.4m1.8m2.0m

Inventories

(3.2m)3.1m(819.0k)(249.0k)

Accounts Payable

1.2m4.4m(99.0k)2.4m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(3.9m)(7.3m)(10.9m)(4.0m)(7.3m)(10.1m)(3.4m)(7.0m)(10.2m)(3.7m)(7.6m)(11.1m)

Depreciation and Amortization

316.0k670.0k1.0m389.0k822.0k1.3m543.0k1.1m1.6m504.0k1.1m1.7m

Inventories

(195.0k)860.0k2.3m1.1m447.0k419.0k(1.2m)(1.0m)(386.0k)(311.0k)(1.5m)(1.7m)

Accounts Payable

2.1m3.3m4.5m(1.4m)(1.1m)(766.0k)572.0k1.0m1.7m2.8m4.0m4.2m
USDY, 2018

Financial Leverage

2.2 x

P/E Ratio

(75.4)
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Ooma Operating Metrics

Ooma's Users was reported to be 969 k in Q3, 2019. Ooma's Monthly Active Users was reported to be 1.7 m in FY, 2017.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Annual Recurring Revenue

$61.91 m$60.83 m$66.92 m$74.37 m$76.94 m$81.39 m$83.94 m$86.28 m$89.43 m$88.30 m$92.45 m$96.79 m$102.99 m$105.30 m$109.63 m$115.35 m

Retention Rate

102%97%96%97%94%102%97%90%91%97%98%99%101%101%100%102%

Users

645 k678 k717 k761 k800 k835 k869 k904 k933 k879 k895 k914 k929 k945 k955 k969 k

Monthly Active Users

1.50 m1.60 m1.70 m
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Ooma Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
ButterfleyeDecember 20, 2017
TalkatoneMay 02, 2014

Ooma Revenue Breakdown

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Ooma revenue breakdown by business segment: 89.1% from Subscription and Services and 10.9% from Product and Other

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Ooma Online and Social Media Presence

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Ooma News and Updates

Ooma to Present at the UBS 46th Annual Global Media and Communications Conference on December 4, 2018

SUNNYVALE, Calif., Nov. 28, 2018 (GLOBE NEWSWIRE) -- Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, has been invited to participate in the UBS 46th Annual Global Media and Communications Conference, which is being held December 3-4, 2018 at the Grand Hyatt N…

Ooma Reports Third Quarter Fiscal Year 2019 Financial Results

SUNNYVALE, Calif., Nov. 27, 2018 (GLOBE NEWSWIRE) -- Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the third quarter of fiscal 2019 ended October 31, 2018.

Ooma to Participate in the Northland Capital Markets Artificial Intelligence Virtual Investor Conference September 17, 2018

SUNNYVALE, Calif., Sept. 10, 2018 (GLOBE NEWSWIRE) -- Ooma, Inc. (NYSE: OOMA) has been invited to participate in Artificial Intelligence Virtual Investor Conference to be held by Northland Capital Markets September 14th and 17th, 2018.

Ooma to Present at the Midwest IDEAS Investor Conference on August 30th in Chicago

SUNNYVALE, Calif., Aug. 16, 2018 (GLOBE NEWSWIRE) -- Ooma, Inc. (NYSE:OOMA), a smart communications platform for businesses and consumers announced that Ravi Narula, Chief Financial Officer and Matthew Robison, Director of IR and Corporate Development will present at the Midwest IDEAS Investor Con…

Ooma Home Security Gets Smarter With Alexa Voice Commands and Controls for the Ooma Butterfleye Camera

SUNNYVALE, Calif., Aug. 08, 2018 (GLOBE NEWSWIRE) -- Ooma, Inc., a smart communications platform for businesses and consumers, today announced that its Ooma Home smart security solution now includes Amazon Alexa voice commands as well as integration of the Ooma Butterfleye security camera.
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Ooma Blogs

Ooma Office: A Cost-Effective And Reliable Phone System For Small Businesses

The post Ooma Office: A Cost-Effective And Reliable Phone System For Small Businesses appeared first on Ooma.com - Smart solutions for home and business..

8×8: Comparing Business Phone Services

The post 8×8: Comparing Business Phone Services appeared first on Meet the Ooma Blog.

office-how-it-works

How do Ooma business phones work? Ooma Office uses your high-speed internet connection, also known as VoIP (voice over IP) to connect calls. Our business VoIP phones use the cloud to deliver the advanced features and quality of service you’d expect from an enterprise-grade phone system without compl…

office-rate-1995

The Business Phone Service with No Contracts. Ever. Ooma Office is built for small businesses. Whether you have 2, 20, or 200 employees, you can rely on Ooma for an effective office phone system. There are no contracts, and you can keep your number. From our virtual receptionist to extension dialing…

When Is the Best Time to Make Business Calls?

The post When Is the Best Time to Make Business Calls? appeared first on Meet the Ooma Blog.

How to Avoid Package Theft at Your Front Door

The post How to Avoid Package Theft at Your Front Door appeared first on Meet the Ooma Blog.
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Ooma Company Life and Culture

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Ooma Frequently Asked Questions

  • When was Ooma founded?

    Ooma was founded in 2004.

  • Who are Ooma key executives?

    Ooma's key executives are Eric Stang, Ravi Narula and Jim Gustke.

  • How many employees does Ooma have?

    Ooma has 180 employees.

  • What is Ooma revenue?

    Latest Ooma annual revenue is $114.5 m.

  • What is Ooma revenue per employee?

    Latest Ooma revenue per employee is $636.1 k.

  • Who are Ooma competitors?

    Competitors of Ooma include Radisys, Avanti Communications and TELES.

  • Where is Ooma headquarters?

    Ooma headquarters is located at 525 Almanor Avenue, Suite 200, Sunnyvale.

  • Where are Ooma offices?

    Ooma has offices in Sunnyvale and Palo Alto.

  • How many offices does Ooma have?

    Ooma has 2 offices.