Pexip

OverviewSuggest Edit

Pexip is a technology company that develops a cloud video communication platform. It enables customers to organize high-quality video meetings across the existing video communication platforms and provides Pexip Meetings, Pexip Room, video engagement platform, video conferencing infrastructure, and other solutions. It serves governments as well as healthcare, finance, education, and legal industries.
TypePublic
Founded2012
HQOslo, NO
Websitepexip.com
Employee Ratings4.5

Latest Updates

Employees (est.) (Jun 2021)451(+9%)
Revenue (FY, 2021)KR805.5 M(+19%)
Share Price (Jun 2022)KR14.4(-5%)
Cybersecurity ratingBMore
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Key People/Management at Pexip

Øystein Hem

Øystein Hem

Chief Financial Officer and Interim CEO
Nico Cormier

Nico Cormier

Chief Technology Officer
Tom-Erik Lia

Tom-Erik Lia

Chief Strategy Officer
Ingrid Woodhouse

Ingrid Woodhouse

Chief People Officer
Karl Hantho

Karl Hantho

President of Sales Americas
John Harald Grønningen

John Harald Grønningen

President of Sales EMEA
Show more

Pexip Office Locations

Pexip has offices in Oslo, Herndon, New York, North Sydney and in 6 other locations
Oslo, NO (HQ)
Lilleakerveien 2A, 8th floor
North Sydney, AU
Suite 1002/120 High St
Neuilly-sur-Seine, FR
168 Av. Charles de Gaulle
Shibuya City, JP
1-chōme-12-1 Dōgenzaka
Utrecht, NL
Papendorpseweg 100
Singapore, SG
28 Bukit Pasoh Rd
Show all (10)

Pexip Financials and Metrics

Pexip Revenue

Pexip's revenue was reported to be kr805.52 m in FY, 2021
NOK

Revenue (Q1, 2022)

222.5m

Gross profit (Q1, 2022)

196.7m

Net income (Q1, 2022)

(63.8m)

EBITDA (Q1, 2022)

(51.8m)

EBIT (Q1, 2022)

(75.1m)

Market capitalization (29-Jun-2022)

1.4b

Closing stock price (29-Jun-2022)

14.4

Cash (31-Mar-2022)

590.3m

EV

960.1m
Pexip's current market capitalization is kr1.4 b.
Annual
NOKFY, 2019FY, 2020FY, 2021

Revenue

370.0m678.5m805.5m

Cost of goods sold

(18.8m)(42.6m)(76.9m)

Gross profit

351.2m635.9m728.7m
Quarterly
NOKQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

150.1m163.1m136.3m179.7m177.1m182.9m222.5m

Cost of goods sold

(4.9m)(10.1m)(11.0m)(15.0m)(20.9m)(22.7m)(25.8m)

Gross profit

145.2m153.0m125.3m164.8m156.1m160.1m196.7m
Annual
NOKFY, 2019FY, 2020FY, 2021

Cash

75.5m1.1b803.9m

Accounts Receivable

101.6m187.8m217.9m

Prepaid Expenses

3.7m23.5m
Quarterly
NOKQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

91.7m1.2b1.2b1.1b1.0b923.0m590.3m

Accounts Receivable

188.5m131.4m145.5m128.3m111.1m139.5m187.6m
Annual
NOKFY, 2019FY, 2020FY, 2021

Net Income

16.7m(102.0m)(195.2m)

Depreciation and Amortization

44.5m36.5m73.7m

Accounts Payable

34.5m201.8m26.7m
Quarterly
NOKQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

49.9m(28.7m)(21.4m)(79.1m)(135.7m)(264.0m)(82.6m)

Depreciation and Amortization

10.7m21.7m43.3m16.9m35.0m70.1m23.3m

Accounts Payable

78.1m95.7m192.6m(6.9m)(5.0m)(26.1m)2.5m
NOKFY, 2019

Revenue/Employee

2.0m
Show all financial metrics

Pexip Operating Metrics

Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Contracted Annual Recurring Revenue

$56.7 m$65.8 m$72.8 m$87.2 m$92.7 m

Pexip Acquisitions / Subsidiaries

Company NameDateDeal Size
Pexip AS
Pexip Australia Pty Ltd
Pexip Inc
Pexip Japan GK
Pexip Ltd.
Pexip Singapore Pte Ltd
Videxio Asia Pacific Ltd.

Pexip Revenue Breakdown

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Pexip revenue breakdown by business segment: 100.0% from SALE OF COLLABORATION SERVICES

Pexip revenue breakdown by geographic segment: 54.5% from EMEA, 8.2% from APAC and 37.2% from AMERICAS

Pexip Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Pexip Online and Social Media Presence

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Pexip News and Updates

Paul Domnick says video conferencing must be at core of IT strategy in Pexip white paper

Paul Domnick, former president of Microsystems and former CIO of Freshfields Bruckhaus Deringer, publishes sponsored white paper on Pexip video conferencing. Legal tech veteran Paul Domnick has published a white … Paul Domnick says video conferencing must be at core of IT strategy in Pexip white p…

Pexip Wins "Best Virtual Care Solution"

2022 MedTech Breakthrough Awards recognize leading players in the global health and technology market STOCKHOLM, May 17, 2022 /PRNewswire/ -- Pexip, a leading video communication platform, announced it has won "Best Virtual Care Solution" in the sixth annual MedTech Breakthrough Awards...

Pexip Engage - a Video-Enabled Customer Engagement Application - Released Today

Allows companies to stay on the pulse of customer needs with better engagement throughout the customer journey OSLO, Norway, April 11, 2022 /PRNewswire/ -- Pexip, a global video communication platform, today announced that it has launched Pexip Engage, an innovative new customer...

Pexip Government Cloud Achieves FedRAMP "In Process" Designation

STOCKHOLM, Feb. 1, 2022 /PRNewswire/ -- Pexip, a leading provider of enterprise video and collaboration solutions, announced its Pexip Government Cloud (PGC) platform has achieved the Federal Risk and Authorization Management Program's (FedRAMP) "In Process" designation at the Moderate...

Pexip Frequently Asked Questions

  • When was Pexip founded?

    Pexip was founded in 2012.

  • Who are Pexip key executives?

    Pexip's key executives are Øystein Hem, Nico Cormier and Tom-Erik Lia.

  • How many employees does Pexip have?

    Pexip has 451 employees.

  • What is Pexip revenue?

    Latest Pexip annual revenue is kr805.5 m.

  • What is Pexip revenue per employee?

    Latest Pexip revenue per employee is kr1.8 m.

  • Who are Pexip competitors?

    Competitors of Pexip include Webinar.ru, Councilbox and Livestorm.

  • Where is Pexip headquarters?

    Pexip headquarters is located at Lilleakerveien 2A, 8th floor, Oslo.

  • Where are Pexip offices?

    Pexip has offices in Oslo, Herndon, New York, North Sydney and in 6 other locations.

  • How many offices does Pexip have?

    Pexip has 10 offices.