1. Technology

  2. •

    Software - Infrastructure
iPass Inc.

iPass Inc.

IPAS
iPass Inc.US flagNASDAQ
3.25
USD
- -
- -
iPass Inc.
IPAS
(NASDAQ)

Recent

price

3.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
TTM
FRC
72.85
25.45
27.37
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
Revenue per Share
23.35
2.6
3.14
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
Basic EPS, GAAP
5.53
3.37
5.15
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
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.69
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-50.4
-9.4
-5.13
-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
Book Value per Share
38.9
32.11
28.97
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
Tangible Book Value per Share
1
5
6
6
6
6
6
6
6
6
6
6
6
6
6
7
7
Basic Weighted Avg Shares
93
136
166
169
183
192
191
171
156
141
126
111
70
63
63
54
44
Sales/Revenue/Turnover
7.17
16.43
17.42
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
Operating Margin (%)
6
8
7
8
16
14
9
1
4
2
2
3
3
3
2
2
1
Depreciation Expense
30
14
19
13
-9
-34
-92
-14
-3
-3
-4
-12
7
-15
-8
-21
-18
Net Income, GAAP
- -
39.21
39.01
40.84
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
32.06
10.22
11.46
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
Profit Margin (%)
30
162
165
188
105
80
76
37
28
30
29
22
33
19
17
- -
-1
Working Capital
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
7
LT Debt
50
172
207
226
223
181
90
48
38
37
37
29
38
23
19
1
-8
Total Equity
- -
11.73
9.32
4.89
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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
- -
- -
- -
- -
- -
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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.