OverviewSuggest Edit

Ooma is a telecommunications provider that offers free and low-cost telephone calling and cloud-based telephony services. It develops cloud-based software as a service (SaaS) and unified-communications-as-a-service (UCaaS) platforms. Its products and services for businesses include Ooma Office, a multi-user communications system; Ooma Office Mobile HD, an app to make, receive, and transfer phone calls; Ooma Office Pro that offers services, including call recording, enhanced call blocking, voicemail transcription, and support for overhead paging systems; and Ooma Enterprise, an UCaaS offering. The products for consumers include Ooma Telo, a residential phone service, and Ooma Smart Security, a platform protecting households and reaching emergency services.

TypePublic
Founded2004
HQSunnyvale, CA, US
Websiteooma.com
Employee Ratings3.7
Overall CultureC+

Latest Updates

Employees (est.) (Apr 2020)848(+24%)
Job Openings31
Revenue (FY, 2021)$168.9 M(+12%)
Share Price (Oct 2021)$19.7(+3%)
Cybersecurity ratingCMore
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Key People/Management at Ooma

Eric Stang

Eric Stang

Chief Executive Officer
Ray Apple

Ray Apple

VP Customer Service
Chris Burgy

Chris Burgy

VP of Corporate Development
Toby Farrand

Toby Farrand

VP Engineering and Operations
Jim Gustke

Jim Gustke

VP Marketing
Dennis Peng

Dennis Peng

VP Product Management
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Ooma Office Locations

Ooma has an office in Sunnyvale
Sunnyvale, CA, US (HQ)
525 Almanor Ave #200
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Ooma Financials and Metrics

Ooma Revenue

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View revenue for all periods
Ooma's revenue was reported to be $168.95 m in FY, 2021 which is a 11.4% increase from the previous period.
USD

Revenue (Q1, 2022)

45.6m

Gross profit (Q1, 2022)

28.1m

Gross profit margin (Q1, 2022), %

61.6%

Net income (Q1, 2022)

(887.0k)

EBIT (Q1, 2022)

(966.0k)

Market capitalization (15-Oct-2021)

457.0m

Closing stock price (15-Oct-2021)

19.7

Cash (30-Apr-2021)

18.9m

EV

444.2m
Ooma's current market capitalization is $457 m.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

114.5m129.2m151.6m168.9m

Revenue growth, %

10%13%17%11%

Cost of goods sold

46.4m52.7m62.2m64.1m

Gross profit

68.1m76.5m89.4m104.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

30.2m31.7m32.6m34.0m37.3m39.6m40.3m41.4m43.0m45.6m

Cost of goods sold

12.3m12.9m12.5m13.6m15.0m17.6m15.1m15.9m16.3m17.5m

Gross profit

17.9m18.8m20.1m20.4m22.3m22.0m25.2m25.5m26.7m28.1m

Gross profit Margin, %

59%59%62%60%60%56%62%62%62%62%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

4.5m15.4m11.7m17.3m

Accounts Receivable

2.9m3.7m4.6m5.2m

Inventories

6.1m10.1m8.4m12.2m

Current Assets

65.1m61.9m48.0m56.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

8.5m16.9m13.4m11.4m14.0m11.7m9.0m10.9m15.5m18.9m

Accounts Receivable

3.5m3.1m2.9m3.7m4.7m5.0m5.4m4.3m5.0m4.1m

Prepaid Expenses

10.6m

Inventories

6.4m7.6m7.8m10.7m11.3m9.5m10.3m9.2m10.2m13.5m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(13.1m)(14.6m)(18.8m)(2.4m)

Depreciation and Amortization

2.4m2.7m3.6m4.2m

Inventories

(249.0k)(4.2m)407.0k(3.4m)

Accounts Payable

2.4m8.2m(4.1m)(3.9m)
Quarterly
USDFY, 2018

Revenue/Employee

471.2k

Financial Leverage

2 x
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Ooma Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Core Users

929 k945 k955 k969 k976 k985 k1.02 m1.04 m1.05 m1.05 m1.05 m1.06 m1.07 m1.08 m

Patents Issued

17162234

Patents Pending (Foreign)

6787

Patents Pending (US)

15141614
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Ooma Acquisitions / Subsidiaries

Company NameDateDeal Size
Broadsmart GlobalMay 24, 2019$7.1 m
Voxter CommunicationsMarch 12, 2018$3.9 m
ButterfleyeDecember 14, 2017$1.5 m
TalkatoneMay 02, 2014
Broadsmart Global, Inc.
Ooma Australia Pty Ltd.
Ooma Canada, Inc.
Ooma International Ltd.
Ooma International Operations, LLC
Ooma Ireland Limited
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Ooma Revenue Breakdown

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Ooma revenue breakdown by business segment: 92.9% from Subscription and Services and 7.1% from Product and Other

Ooma Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Ooma Online and Social Media Presence

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Ooma Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    A+

    85/100

  • Compensation

    C-

    62/100

Learn more on Comparably

Ooma News and Updates

Continuous Voice, A Unique Technology Providing Utmost Reliability for Business Phone Calls, Now Available for All Ooma Connect Customers

Ooma, Inc., a smart communications platform for businesses and consumers, today announced that Continuous Voice™, a unique and patented technology that automatically provides continuity for business phone calls, is now available at no additional charge to all Ooma Connect customers.read more

UCaaS Providers Market to Eyewitness Massive Growth by 2026 | Dialpad, net2phone, Ooma, Twilio, Yodel

Keep yourself up-to-date with latest market trends and maintain a competitive edge by sizing up with available business opportunity in UCaaS Providers Market various segments and emerging territory. Posted via Industry Today. Follow us on Twitter @IndustryToday

Ooma Appoints Judi Hand To Its Board of Directors

SUNNYVALE, Calif., June 08, 2020 (GLOBE NEWSWIRE) -- Ooma, Inc., a smart communications platform for businesses and consumers, today announced the appointment of Judi Hand, an experienced cloud services sales and marketing leader, to its board of directors, effective June 3, 2020.

Ooma Takes the FCCs Keep Americans Connected Pledge, Will Not Stop Any Customers Service for Non-Payment For the Next 60 Days

Ooma, Inc., a smart communications platform for businesses and consumers, today announced that it is taking the Federal Communication Commission’s “Keep Americans Connected Pledge” by agreeing not to stop any Ooma customer’s business or residential phone service for non-payment for the next 60 days.…

Extron Inc. Selects Ooma Office For its Advanced Cloud-Based Features, Replacing a Legacy PBX Phone System

Ooma, Inc., a smart communications platform for businesses and consumers, today announced that Extron Inc., a leader in manufacturing solutions for tech companies, has selected Ooma Office for its advanced cloud-based features, replacing a legacy on-premise PBX phone system that could no longer meet…

DJA Properties Moves Phone System To Ooma Enterprise To Meet Its Growing Business Needs

Ooma, Inc., a smart communications platform for businesses and consumers, today announced that DJA Properties, a large property management firm, is meeting its growing business needs by moving to the powerful and highly customizable Ooma Enterprise unified communications as a service (UCaaS) platfor…
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Ooma Blogs

How to schedule time off as a business owner to boost productivity and creativity

Business owners are known for their long working hours: Inc. Magazine found that a majority of entrepreneurs work at least 50 hours per week. Long hours are sometimes linked to feelings of burnout. Fortunately, taking time off for a vacation is one way to address burnout. The post How to schedule t…

The ultimate guide to the top 9 business credit cards in 2021.

Using a business credit card can help a business manage cash flow. However, there are many different cards on the market. Before you spend time filling out a business credit card application, take a step back to think about your credit card needs with the following checklist. The post The ultimate …

get-a-free-quote-b-sem-version

Thank you! An Ooma Office Sales Representative will be in touch shortly.   /user/month Get a Free Quote The post get-a-free-quote-b-sem-version appeared first on Ooma.com - Smart solutions for home and business..

blog-feed-community-column

JOIN OOMA COMMUNITY Improve your business with Ooma Community. Join a community of people dedicated to helping each other grow their small businesses. Plus, get the help you need for your Ooma communication needs. The post blog-feed-community-column appeared first on Ooma.com - Smart solutions for …

7 ways to recognize your boss on National Boss Day.

National Boss Day is coming up on October 15, 2021, and it is a great time to show appreciation to your boss, manager or supervisor. The tradition of National Boss Day dates back to 1958 when Patricia Bays Haroski, an employee at State Farm Insurance Company, wanted to recognize her boss. The post …

Smartphone addiction and your health: what the science says

Mobile phones are everywhere in our society. Ninety-six percent of Americans have a cell phone, according to the Pew Research Center. Researchers have found that Americans over the age of 18 spent more than three hours per day... The post Smartphone addiction and your health: what the science says …
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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, Ray Apple and Chris Burgy.

  • How many employees does Ooma have?

    Ooma has 848 employees.

  • What is Ooma revenue?

    Latest Ooma annual revenue is $168.9 m.

  • What is Ooma revenue per employee?

    Latest Ooma revenue per employee is $199.2 k.

  • Who are Ooma competitors?

    Competitors of Ooma include Flexiroam, Mitel and Pinger.

  • Where is Ooma headquarters?

    Ooma headquarters is located at 525 Almanor Ave #200, Sunnyvale.

  • Where are Ooma offices?

    Ooma has an office in Sunnyvale.

  • How many offices does Ooma have?

    Ooma has 1 office.