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: 1-732-3651328
Website: https://www.vonage.com
IR: See website
Key People
Jeffrey A. Citron
Independent Chairman of the Board
Randy K. Rutherford
Chief Legal Officer
Omar Muhammad Javaid
President, API Platform Group and Chief Product Officer
David T. Pearson
Chief Financial Officer, Treasurer
Susan L. Quackenbush
Chief Human Resource Officer
David Levi
Senior Vice President, Controller and Principal Accounting Officer
Sagi Dudai
Chief Technology Officer
Johan Hybinette
Chief Information Security Officer
Vinod Lala
Chief Strategy Officer
Jay Patel
Chief Product Officer, Vonage
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 three months ended 31 March 2019, Vonage Holdings Corp. revenues increased 10% to $279.5M. Net loss totaled $534K vs. income of $24.5M. Revenues reflect Business segment increase of 31% to $179.6M, United Kingdom segment increase from $9.7M to $26.8M, Other Countries segment increase of 46% to $41.9M. Net loss reflects Sales and marketing- Balancing value increase of 24% to $77.8M (expense).
Employees: 2,248 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $3,340M as of Mar 31, 2019
Annual revenue (TTM): $1,075M as of Mar 31, 2019
EBITDA (TTM): $120.84M as of Mar 31, 2019
Net annual income (TTM): $10.67M as of Mar 31, 2019
Free cash flow (TTM): $71.36M as of Mar 31, 2019
Net Debt Last Fiscal Year: $540.01M as of Mar 31, 2019
Shares outstanding: 242,443,075 as of Apr 30, 2019
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization