Financials

Estimates*

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Revenues, earnings & profits over time
USD201720182019202020212022
Revenues204m251m264m237m250m276m
% growth-23 %5 %(10 %)5 %10 %
EBITDA68.0m91.0m82.0m83.0m93.0m109m
% EBITDA margin33 %36 %31 %35 %37 %39 %
Profit(19.0m)(1.0m)(10.0m)(17.0m)(7.0m)(3.0m)
% profit margin(9 %)-(4 %)(7 %)(3 %)(1 %)
EV / revenue4.4x3.5x2.2x3.0x2.5x-
EV / EBITDA13.3x9.6x7.0x8.6x6.7x-
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DateInvestorsAmountRound
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N/A

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N/A

$15.0m

Series A

$10.0m

Series B

$65.0m

Series C
N/A

N/A

IPO

$50.0m

Post IPO Debt
Total Funding€81.8m

Recent News about Boingo Wireless

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More about Boingo Wirelessinfo icon
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Boingo Wireless, Inc. is a leading provider of high-speed Wi-Fi and cellular services, catering to a diverse range of clients including airports, stadiums, military bases, multifamily communities, and other public venues worldwide. The company operates in the telecommunications market, focusing on delivering seamless connectivity solutions that enhance user experience and operational efficiency.

Boingo's business model revolves around designing, installing, and maintaining advanced wireless networks. They offer a comprehensive suite of services, from Distributed Antenna Systems (DAS) to Wi-Fi and shared spectrum solutions, all of which are 5G ready. This ensures that their clients are equipped with the latest technology to meet growing connectivity demands.

Revenue generation for Boingo comes from multiple streams. They monetize their networks through proprietary products such as Boingo Media, which offers advertising solutions; Carrier Offload, which helps mobile carriers manage network traffic; Tenant Services, which provide connectivity solutions for multifamily communities; and Retail services, which offer Wi-Fi access to consumers. Additionally, Boingo provides on-demand analytics and mobile workforce solutions to improve airport operations, further enhancing their value proposition.

Boingo's market presence is significant, with deployments in high-traffic areas like Dallas Love Field Airport and the World Trade Center. Their ability to offer end-to-end solutions—from network design and installation to ongoing monitoring and customer care—positions them as a key player in the wireless connectivity space.

In summary, Boingo Wireless, Inc. is a dynamic company that leverages advanced technology to provide high-speed wireless solutions across various public venues, ensuring robust connectivity and operational efficiency for its clients.

Keywords: Wi-Fi, Cellular Services, 5G, DAS, Shared Spectrum, Airports, Stadiums, Military Bases, Multifamily Communities, Connectivity Solutions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Boingo Wireless

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CloudNine
ACQUISITION by Boingo Wireless Aug 2012