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 nine months ended 30 September 2018, Vonage Holdings Corp. revenues increased 4% to $775M. Net income increased 100% to $42.7M. Revenues reflect Business segment increase of 20% to $438.1M, Other Countries segment increase of 69% to $104M, United Kingdom segment increase of 27% to $29.8M. Net income benefited from Sales and marketing- Balancing value decrease of 2% to $187.4M (expense).
Employees: 1,780 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $2,444M as of Sep 30, 2018
Annual revenue (TTM): $1,029M as of Sep 30, 2018
EBITDA (TTM): $158.88M as of Sep 30, 2018
Net annual income (TTM): $56.78M as of Sep 30, 2018
Free cash flow (TTM): $116.98M as of Sep 30, 2018
Net Debt Last Fiscal Year: $184.94M as of Sep 30, 2018
Shares outstanding: 239,580,512 as of Oct 31, 2018
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization