Export financials
Boingo Wireless, Inc. (WIFI)
The export includes the complete available history of financial statements and ratios. Numbers are provided in full, without million or billion abbreviations, in their original reporting units.
CSV downloads as a ZIP archive with one file for each report and frequency.

Boingo Wireless, Inc. Income Statement 2020-2011 | WIFI
Brief overview of financial performance at Boingo Wireless, Inc.
The comparison covers a five-year financial horizon. Revenue at Boingo Wireless, Inc. moved from 140 million dollars in 2015 to 237 million dollars in 2020. The cumulative result was +70%, corresponding to roughly 11.2% per year. The company expanded its sales base at a healthy rate.
The five-year change in gross profit reached +184.5%: from $43.1 million to $123 million. Gross profit as a share of revenue changed from 30.9% to 51.7%. The business retained more gross profit from each unit of revenue.
EBITDA was −$18.1 million at the beginning and −$4.8 million at the end of the period (+73.3%). There was no major divergence between EBITDA and revenue. Comparing the endpoints gives EBITDA margins of −12.9% and −2%. A wider margin confirms stronger operating efficiency.
Net income moved from −22.3 million dollars at the start to −17.1 million dollars at the end. The loss reduction is constructive, but the recovery is incomplete.
Over the period, capitalization shifted from 225 million dollars to 514 million dollars (+128.5%). Investor expectations increased faster than reported performance.
What the figures show
Positive developments coexist with areas of weakness. The constructive conclusion rests on an improving EBITDA margin, better sales economics and improving net profitability. The main areas of concern are a narrow EBITDA buffer. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Boingo Wireless, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
514 M | 513 M | 984 M | 939 M | 448 M | 225 M | 302 M | 216 M | 263 M | 194 M |
Shares |
44.5 M | 44 M | 42.1 M | 39.8 M | 38 M | 36.8 M | 35.8 M | 35.6 M | 34.8 M | 24 M |
Net Income |
-17.1 M | -10.3 M | -1.22 M | -19.4 M | -27.3 M | -22.3 M | -19.5 M | -3.79 M | 7.3 M | 6.3 M |
Revenue |
237 M | 264 M | 251 M | 204 M | 159 M | 140 M | 119 M | 107 M | 103 M | 94.6 M |
EBITDA |
-4.83 M | 867 K | 713 K | -17.2 M | -22.6 M | -18.1 M | -14.3 M | 356 K | 11.9 M | 12.8 M |
Operating Expenses |
132 M | 90.9 M | 88 M | 86.8 M | 74 M | 64.7 M | 52.4 M | 43 M | 34.8 M | 30.4 M |
General and Administrative Expenses |
127 M | 27.3 M | 30.3 M | 35.6 M | 29.7 M | 22.4 M | 17.5 M | 15.1 M | 12.7 M | 12 M |
Annual performance
Select metrics to display
All numbers in USD currency
The income statement is one of the three key financial reports of a company Boingo Wireless, Inc. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.