Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices. It designs, builds, monitors, and maintains distributed antenna systems (DAS), Wi-Fi, and small cell networks at managed and operated hotspot locations, such as airports, transportation hubs, stadiums, arenas, military bases, universities, convention centers, and office campuses in North America, Latin America, Europe, the Middle East, Africa, and Asia; and offers software applications and solutions to access its Wi-Fi network of approximately 1.5 million hotspots. The company also provides Internet protocol television services for military servicemen and women living in the barracks of the United States army, air force, and marine bases; and enables individuals to purchase Internet access at its managed and operated hotspots and select partner locations through month-to-month subscription and single-use access plans. In addition, it offers access to DAS at certain of its managed and operated hotspot locations to telecom operator partners; and carrier offload services, Wi-Fi roaming and software services, and turn-key solutions to network operators, device manufacturers, technology companies, enterprise software and services companies, venue operators, and financial services companies, as well as provides display advertising, sponsored access, and promotional programs. The company was formerly known as Project Mammoth, Inc. and changed its name to Boingo Wireless, Inc. in October 2001. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.
Industry, Sector and Symbol
Industry Communication services, not elsewhere classified
Sub-IndustryWireless Telecommunication Services
SectorComputer and Technology
SymbolNASDAQ:WIFI
CUSIP09739C10
Phone310-586-5180
Debt
Debt-to-Equity Ratio0.07
Current Ratio0.39
Quick Ratio0.39
Price-To-Earnings
Trailing P/E Ratio-48.39
Forward P/E Ratio-55.23
P/E GrowthN/A
Sales & Book Value
Annual Sales$204.37 million
Price / Sales4.86
Cash Flow$1.3158 per share
Price / Cash18.05
Book Value$2.43 per share
Price / Book9.77
Profitability
EPS (Most Recent Fiscal Year)($0.49)
Net Income$-19,360,000.00
Net Margins-7.13%
Return on Equity-15.98%
Return on Assets-4.08%
Miscellaneous
Employees334
Outstanding Shares41,820,000
