Tangoe is a global provider of IT and Telecom Expense Management (TEM) software and related services. The Company's technology and services platform, Matrix, is designed to help companies transform the management of IT assets, services, expenses, and usage to create business value, increase efficiency, and deliver a positive impact to the bottom line.

Type
Subsidiary
HQ
Parsippany-Troy Hills, US
Founded
2000
Website
tangoe.com
Tangoe was founded in 2000 and is headquartered in Parsippany-Troy Hills, US
Report incorrect company information

Tangoe Office Locations

Tangoe has an office in Parsippany-Troy Hills
Parsippany-Troy Hills, US (HQ)
2b 169 Lackawanna Ave
Show all (1)
Report incorrect company information

Tangoe Financials and Metrics

Summary Metrics

Tangoe is a subsidiary of Marlin Equity Partners

Tangoe Financials

Tangoe's revenue was reported to be $212.48 m in FY, 2014 which is a 12.5% increase from the previous period.
Annual
USDFY, 2013FY, 2014

Revenue

188.9 m212.5 m

Revenue growth, %

12%

Cost of goods sold

85 m97.5 m

Gross profit

103.9 m115 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Revenue

47.6 m50.4 m52.7 m54.5 m53.5 m54.5 m56.6 m

Cost of goods sold

21.3 m23.7 m24.2 m25.5 m23.9 m25.7 m28.2 m

Gross profit

26.3 m26.7 m28.5 m29 m29.6 m28.8 m28.4 m

Gross profit Margin, %

55%53%54%53%55%53%50%
Annual
USDFY, 2013FY, 2014

Cash

43.2 m51.3 m

Inventories

4.5 m5.9 m

Current Assets

91 m114.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Cash

42.3 m46.1 m45.7 m48.9 m52.5 m36.4 m36.6 m

Current Assets

88.1 m96.7 m102.3 m107.3 m122 m105.9 m109.7 m

Goodwill

66 m

Total Assets

198.1 m203.1 m207.5 m210.2 m220.7 m225.5 m227.7 m
Annual
USDFY, 2013FY, 2014

Net Income

5 m2.9 m

Depreciation and Amortization

10.5 m9.8 m

Inventories

(407 k)5.9 m

Accounts Payable

32 k10.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Net Income

1.6 m(267 k)(403 k)935 k252 k(2.3 m)(6.8 m)

Depreciation and Amortization

2.6 m2.6 m2.5 m2.3 m2.1 m4.5 m7.1 m

Accounts Payable

(1.2 m)1.2 m

Cash From Operating Activities

10.7 m13.1 m
Show all financial metrics
Report incorrect company information

Tangoe Online and Social Media Presence

Embed Graph
Report incorrect company information

Tangoe News and Updates

Enterprise Mobility Management Trending Application for Corporate World in recent time

WiseGuyReports announced addition of new report, titled “Strategic Focus Report – Enterprise Mobility Management Posted via Industry Today. Follow us on Twitter @IndustryToday

Marlin acquires Tangoe in take-private deal

Marlin Equity has acquired Tangoe, a provider of expense management software, for $6.50 per share in a take-private acquisition. Marlin has merged Tango with portfolio company Asentinel LLC, a provider of tech lifecycle management solutions. The newly combined company will be based in Parsippany, Ne…
Report incorrect company information