Vonage Holdings Corp. (N:VG)

Business Focus: Wireless Telecom

Sector:  Telecommunication Services Industry:  Wireless Telecommunications Services
See Regulatory Filings on SEC
Company Contact
Address: 23 Main St
HOLMDEL NJ 07733-2136
Tel: N/A
Website: https://www.vonage.com
IR: See website
Key People
Jeffrey A. Citron
Independent Chairman of the Board
Sagi Dudai
Chief Technology Officer
David T. Pearson
Chief Financial Officer, Treasurer
Antoine Jamous
President, Nexmo, the Vonage API Platform
Susan L. Quackenbush
Chief Human Resource Officer
David Levi
Senior Vice President, Chief Accounting Officer, Controller
Mario DeRiggi
Senior Vice President, National Channel Sales and Operations
Valerie Kahn
Senior Vice President - Business Development
Kenneth Steven McMahon
Senior Vice President - Client Operations
Jay Patel
Senior Vice President - Product
Business Overview
Vonage Holdings Corp. is a provider of cloud communications services for businesses and consumers, and consumer and communication solutions across multiple devices. The Company operates through two segments: Business and Consumer. For business services customers, the Company provides cloud-based unified communications as a service (UCaaS) solutions, consisting of integrated voice, text, video, data, collaboration, and mobile applications over its scalable session initiation protocol (SIP) based voice over Internet protocol (VoIP) network. It serves a range of the business market, including the small and medium business (SMB), mid-market and enterprise segments. Through its cloud-based middleware solution, gUnify, the Company provides customers the ability to integrate its cloud communications platform with various cloud-based productivity and customer relationship management (CRM) solutions, including Google's G Suite, Zendesk, Salesforce's Sales Cloud, Oracle and Clio.
Financial Overview
For the fiscal year ended 31 December 2018, Vonage Holdings Corp. revenues increased 5% to $1.05B. Net income before extraordinary items increased 1% to $35.7M. Revenues reflect Business segment increase of 22% to $608.1M, Other Countries segment increase of 59% to $146.4M, United Kingdom segment increase of 75% to $49.4M. Net income was partially offset by Engineering and development increase of 76% to $52.1M (expense).
Employees: 2,248 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $2,817M as of Dec 31, 2018
Annual revenue (TTM): $1,049M as of Dec 31, 2018
EBITDA (TTM): $132.62M as of Dec 31, 2018
Net annual income (TTM): $35.73M as of Dec 31, 2018
Free cash flow (TTM): $96.46M as of Dec 31, 2018
Net Debt Last Fiscal Year: $514.17M as of Dec 31, 2018
Shares outstanding: 239,864,125 as of Jan 31, 2019
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization