1. Technology

  2. •

    Software - Infrastructure
iPass Inc.

iPass Inc.

IPAS
iPass Inc.US flagNASDAQ
3.25
USD
- -
- -
2005 Y
2006 Y
2007 Y
2008 Y
2009 Y
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
TTM
Revenue per Share
26.73
28.3
30.33
31.28
27.24
26.59
24.09
20.77
17.52
11.15
9.94
9.83
8.24
6.12
Basic EPS, GAAP
2.04
-1.36
-5.41
-15.03
-2.17
-0.53
-0.57
-0.72
-1.94
1.11
-2.46
-1.21
-3.11
-2.54
Free Cash Flow per Basic Share
4.46
-0.75
-1.96
-0.58
0.66
-0.19
-1.25
-0.17
-0.75
-2.58
-2.29
-0.94
-1.87
-2.14
Dividend per Share
- -
- -
- -
- -
- -
0.69
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-2.89
-4.09
-9.59
-24.94
-26.42
-28.82
-29.53
-29.08
-29.78
-29.05
-31.36
-31.88
-34.17
-32.99
Tangible Book Value per Share
31.38
20.26
14.56
14.32
7.47
6.37
6.32
6.08
4.61
6.15
3.59
2.9
0.12
-1.04
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
7
7
Sales/Revenue/Turnover
169
183
192
191
171
156
141
126
111
70
63
63
54
44
Operating Margin (%)
10.57
-7.97
-5.83
-48.36
-3.68
-1.67
-2.11
-2.74
-9.49
-26.81
-17.07
-10.38
-36.88
-39.69
Depreciation Expense
8
16
14
9
1
4
2
2
3
3
3
2
2
1
Net Income, GAAP
13
-9
-34
-92
-14
-3
-3
-4
-12
7
-15
-8
-21
-18
Effective Tax Rate (%)
40.84
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
7.61
-4.81
-17.84
-48.06
-7.97
-1.98
-2.38
-3.47
-11.08
9.99
-24.76
-12.29
-37.78
-41.55
Working Capital
188
105
80
76
37
28
30
29
22
33
19
17
- -
-1
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
7
Total Equity
226
223
181
90
48
38
37
37
29
38
23
19
1
-8
Return on Invested Capital (%)
4.89
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Mar'18
Jun'18
Sep'18
ST Debt
- -
- -
- -
LT Borrowings
- -
7
7
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
8
8
Market Capitalization
26
24
15

Working Capital

FRC

•

in mil. unless spec.
Mar'18
Jun'18
Sep'18
Total Current Assets
12
18
14
Cash, Cash Equivalents & STI
3
8
5
Accounts Receivable, Net
7
8
8
Inventories
- -
- -
- -
Total Current Liabilities
17
15
15
Payables & Accruals
13
9
11
ST Debt
- -
- -
- -
Deferred Revenue
3
5
4

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-26.43%
-28.75%
-95.75%
Free Cash Flow
71.87%
129.86%
103.84%
Net Income, GAAP
-13.77%
-36.58%
164.54%
Sales/Revenue/Turnover
-11.21%
-14.46%
-13.95%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
15
16
16
16
63
2017
14
13
13
13
54
2018
11
11
9
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
-0.59
-0.22
-0.21
-0.2
-1.21
2017
-0.66
-0.8
-1.01
-0.64
-3.11
2018
-0.57
-0.61
-0.71
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
- -
- -
- -
- -
- -
2017
- -
- -
- -
- -
- -
2018
- -
- -
- -
- -
- -

Company Description

APIChatGPT
Sector
Technology
Industry
Software - Infrastructure
Address
IPO Date
Jul 24, 2003
CIK
0001053374
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Business
iPass Inc. (NASDAQ: IPAS) provides global mobile connectivity solutions, delivering secure, always-on Wi-Fi access via a software-as-a-service platform to enterprise customers and mobile device users worldwide. The company offers core products including iPass SmartConnect, a Wi-Fi service platform that automatically identifies, rates, and connects devices to optimal hotspots based on signal strength, speed, bandwidth, and success rates; iPass Unlimited, a fixed-fee per-user subscription for unlimited Wi-Fi usage; and a downloadable application compatible with laptops, tablets, smartphones, and automatic credential assignment, supported by a proprietary reporting and transaction clearing backend. Its Wi-Fi network encompasses over 65 million hotspots across more than 160 countries, spanning airports, hotels, train stations, convention centers, airlines, outdoor venues, restaurants, and retail locations. Founded in 1996 and headquartered in Redwood Shores, California, iPass operates in the enterprise mobility and networking software industry, targeting business travelers, enterprises, and service providers with scalable connectivity for remote access, video, unified communications, and cloud applications. The company maintains a global technology infrastructure integrating over 160 Wi-Fi networks with servers and software for seamless device management. In February 2019, Pareteum Corporation completes its all-stock acquisition of iPass, integrating its connectivity platform into Pareteum's cloud services for expanded offerings in wireless, Wi-Fi, and location analytics across airlines, hospitality, retail, and IoT sectors. iPass files for Chapter 11 bankruptcy protection on May 15, 2022, in the U.S. Bankruptcy Court for the Southern District of New York, followed by liquidation proceedings culminating in cessation of operations on October 21, 2022. These events mark the company's wind-down as a standalone entity, with its assets and technology absorbed or discontinued post-acquisition and bankruptcy.