OverviewSuggest Edit
Vonage is a cloud communications provider. It offers voice, messaging, video, and data capabilities across unified communications, contact centers, and communications APIs. The company also delivers home telephone services offered to consumers through service plans, including features such as voicemail, call waiting, and call forwarding, as well as Simulring, Visual Voicemail, and Extensions.
| Type | Public | |
| Founded | 2001 | |
| HQ | Holmdel, US | Map |
| Website | vonage.com | |
| Employee Ratings | More |
Key People/Management at Vonage
Alan Masarek
David Pearson
Vinod Lala
Sagi Dudai
Jay Patel
Randy Rutherford
Vonage Office Locations
Vonage Financials and Metrics
Vonage Revenue
| USD | |
|---|---|
Revenue (Q2, 2020) | 310.5m |
Gross profit (Q2, 2020) | 308.1m |
Gross profit margin (Q2, 2020), % | 99.2% |
Net income (Q2, 2020) | (8.4m) |
EBIT (Q2, 2020) | 2.4m |
Market capitalization (15-Oct-2020) | 2.6b |
Closing stock price (15-Oct-2020) | 10.7 |
Cash (30-Jun-2020) | 47.6m |
EV | 3.2b |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 226.8m | 233.7m | 248.4m | 243.3m | 251.8m | 253.1m | 253.6m | 259.9m | 261.5m | 279.5m | 297.6m | 302.5m | 297.5m | 310.5m |
Cost of goods sold | 9.1m | 8.4m | 8.6m | 7.3m | 6.2m | 6.3m | 103.6m | 107.2m | 104.4m | 113.4m | 128.2m | 133.8m | 3.7m | 2.4m |
Gross profit | 217.8m | 225.3m | 239.8m | 236.1m | 245.6m | 246.8m | 150.0m | 152.7m | 157.2m | 166.1m | 169.4m | 168.7m | 293.8m | 308.1m |
Gross profit Margin, % | 96% | 96% | 97% | 97% | 98% | 98% | 59% | 59% | 60% | 59% | 57% | 56% | 99% | 99% |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 35.9m | 24.3m | 33.2m | 26.2m | 26.8m | 29.9m | 23.5m | 26.1m | 25.7m | 18.3m | 18.0m | 18.7m | 43.1m | 47.6m |
Accounts Receivable | 20.8m | 35.3m | 33.3m | 32.1m | 36.2m | 42.4m | 43.9m | 49.5m | 57.1m | 73.4m | 97.5m | 94.4m | 96.2m | 114.6m |
Prepaid Expenses | 18.6m | 21.6m | 21.2m | 30.9m | 25.8m | 23.3m | 28.0m | 23.1m | 21.3m | 27.1m | 25.2m | 28.1m | 26.3m | 24.4m |
Inventories | 5.6m | 4.3m | 4.4m | 3.6m | 3.5m | 2.7m | 2.9m | 2.0m | 1.4m | 1.3m | 1.1m | 970.0k | 1.3m | 997.0k |
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 7.9m | 8.8m | 17.9m | 5.9m | 10.7m | 21.3m | 24.5m | 33.1m | 42.7m | (534.0k) | 4.0m | (17.1m) | (3.8m) | (12.2m) |
Depreciation and Amortization | 17.0m | 18.2m | 18.0m | 17.9m | 17.4m | 25.9m | 7.4m | 17.5m | 24.4m | 6.7m | 48.6m | 43.1m | 14.2m | 28.2m |
Inventories | (25.0k) | 906.0k | 582.0k | 340.0k | 353.0k | 1.2m | (179.0k) | 623.0k | 1.3m | 179.0k | 444.0k | 552.0k | 127.0k | 484.0k |
Accounts Payable | 4.1m | 5.1m | (17.3m) | 8.2m | (8.1m) | 1.4m | 1.6m | 7.8m | 6.9m | (9.8m) | (14.9m) | 24.0m | (25.5m) | (4.3m) |
| USD | Q1, 2016 |
|---|---|
Debt/Equity | 0.5 x |
Debt/Assets | 0.3 x |
Financial Leverage | 1.9 x |
Vonage Operating Metrics
| FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Average Monthly Revenue per Subscriber | $28.89 | $27.97 | $27.79 | $27.58 | $27.58 | $26.68 | $26.61 | $26.36 | $44.94 | $26.10 | $26.33 | $26.29 | $26.19 | $26.58 | $26.37 | $26.30 | $26.42 | $26.43 | $26.89 | $27.56 | $27.04 |
Patent Applications | 245 | 220 | 170 | 60 | 40 | 45 | |||||||||||||||
Patents (US) | 69 | 100 | 150 | 185 | 200 | 235 | |||||||||||||||
Resellers | 20 k | 20 k | 20 k | 20 k | 20 k | 20 k |
Vonage Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Over.ai | August 06, 2019 | |
| NewVoiceMedia | September 20, 2018 | $350 m |
| NewVoiceMedia Asia Pacific Ltd. | ||
| NewVoiceMedia Euro Holdings SARL | ||
| NewVoiceMedia Germany GmbH | ||
| NewVoiceMedia Inc. | ||
| NewVoiceMedia Pty Ltd. | ||
| NewVoiceMedia sP ZOO | ||
| NewVoiceMedia UK Ltd. | ||
| Nexmo Asia Pacific Limited |
Vonage Cybersecurity Score
Vonage Revenue Breakdown
Vonage revenue breakdown by business segment: 67.6% from Business and 32.4% from Consumer
Vonage revenue breakdown by geographic segment: 20.2% from Other Countries, 5.6% from United Kingdom, 71.9% from United States and 2.2% from Other
Vonage Online and Social Media Presence
10.22k Twitter followers
Vonage has 10.22k Twitter Followers. The number of followers has increased 0.5% month over month and increased 1.3% quarter over quarter
Vonage's Trends
Twitter Engagement Stats for @Vonage
13.7k
Tweets
2.9k
Following
10.2k
Followers
93
Tweets last 30 days
0.8
Avg. likes per Tweet
67.7%
Tweets with engagement
Vonage News and Updates
Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Third Quarter 2020 Results
Vonage Wins Award for Best CPaaS Platform
Vonage Announces Enhanced Capabilities to the Vonage Contact Center to Transform the Customer and Agent Experience for Businesses
Vonage Enables Omnichannel Customer Experience for Koopid
Vonage Appoints Rory Read Chief Executive Officer
Tele-Town Hall Chooses Vonage to Power Virtual Technology to Global Customers
Vonage Blogs
Back to the Financial Future: Omnichannel Marketing in Banking
A Crash Course on Marketing to Generation Z
New Disruptive Technologies Can Revolutionize Financial Engineering
Geofencing and Beacons Aren't the Same, and Higher Learning Needs Both
Vonage Frequently Asked Questions
When was Vonage founded?
Vonage was founded in 2001.
Who are Vonage key executives?
Vonage's key executives are Alan Masarek, David Pearson and Vinod Lala.
How many employees does Vonage have?
Vonage has 2,264 employees.
What is Vonage revenue?
Latest Vonage annual revenue is $1.2 b.
What is Vonage revenue per employee?
Latest Vonage revenue per employee is $525.3 k.
Who are Vonage competitors?
Competitors of Vonage include OpenMarket, Broadview Networks and Extreme Networks.
Where is Vonage headquarters?
Vonage headquarters is located at 23 Main St, Holmdel.
Where are Vonage offices?
Vonage has offices in Holmdel and London.
How many offices does Vonage have?
Vonage has 3 offices.
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