Boingo Wireless, Inc. (WIFI) Financial Statements (2026 and earlier)

Company Profile

Business Address 10960 WILSHIRE BLVD., 23RD FLOOR
LOS ANGELES, CA 90024
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4899 - Communications Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 40,67680,615149,41226,68519,48514,718
Cash and cash equivalent 36,11140,401149,41226,68519,48514,718
Short-term investments 4,56540,214    
Receivables 27,71633,35042,76625,07939,40441,736
Other undisclosed current assets 8,3888,2357,8157,4388,9185,692
Total current assets: 76,780122,200199,99359,20267,80762,146
Noncurrent Assets
Operating lease, right-of-use asset 12,87615,196✕✕✕✕
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 406,328380,243314,179262,359250,765214,500
Intangible asset, including goodwill, after accumulated amortization 69,23173,51978,79252,66656,18658,458
Goodwill 58,57958,57959,64042,40342,40342,403
Intangible asset, excluding goodwill, after accumulated amortization 10,65214,94019,15210,26313,78316,055
Other noncurrent assets 11,2649,3099,93610,0826,2235,908
Total noncurrent assets: 499,699478,267402,907325,107313,174278,866
TOTAL ASSETS: 576,479600,467602,900384,309380,981341,012
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 78,47389,45084,19653,99443,23965,704
Accounts payable 22,48924,29821,54311,58915,51629,376
Accrued liabilities 55,98465,15262,65342,40527,72336,328
Deferred revenue 65,29261,229✕✕✕✕
Debt 1,3516,1946,6125,7713,9932,485
Deferred revenue and credits✕✕✕✕61,70850,86925,759
Contract with customer, liability✕✕✕80,383✕✕✕
Other undisclosed current liabilities 2,7271,527 8751,094 
Total current liabilities: 147,843158,400171,191122,34899,19593,948
Noncurrent Liabilities
Long-term debt and lease obligation, including: 186,182180,6374,9116,7474,61218,967
Long-term debt, excluding current maturities 171,695162,708151,670 15,87516,750
Capital lease obligations✕✕✕  2,9512,217
Finance lease, liability  572✕✕✕✕
Other undisclosed long-term debt and lease obligation   (146,759)6,747(14,214) 
Liabilities, other than long-term debt 160,533167,854145,006156,184162,753116,062
Deferred revenue and credits✕✕✕✕149,168152,719106,825
Deferred revenue 159,462166,660✕✕✕✕
Contract with customer, liability✕✕✕137,205✕✕✕
Deferred tax liabilities, net✕✕✕1,0731,0043,2082,965
Deferred income tax liabilities 984993✕✕✕✕
Other liabilities 872016,7286,0126,8266,272
Operating lease, liability 14,48717,357✕✕✕✕
Other undisclosed noncurrent liabilities  95151,670 15,875 
Total noncurrent liabilities: 346,715348,586301,587162,931183,240135,029
Total liabilities: 494,558506,986472,778285,279282,435228,977
Equity
Equity, attributable to parent 81,52792,243127,91197,81897,808111,280
Common stock 444444
Additional paid in capital 241,868234,638259,132230,679211,275197,612
Accumulated other comprehensive loss (2,279)(1,426)(1,295)(898)(870)(1,160)
Accumulated deficit (158,066)(140,973)(129,930)(131,967)(112,601)(85,176)
Equity, attributable to noncontrolling interest 3941,2382,2111,212738755
Total equity: 81,92193,481130,12299,03098,546112,035
TOTAL LIABILITIES AND EQUITY: 576,479600,467602,900384,309380,981341,012

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 237,416263,790250,821204,369159,344139,626
Revenue, net✕✕✕✕204,369159,344139,626
Cost of revenue (114,784)(174,356)(165,334)(137,268)(111,237)(95,979)
Cost of product and service sold (114,784)(119,613)(52,215)(47,615)(42,307)(33,537)
Gross profit: 122,63289,43485,48767,10148,10743,647
Operating expenses (131,749)(93,138)(88,484)(87,802)(74,204)(65,278)
Operating loss: (9,117)(3,704)(2,997)(20,701)(26,097)(21,631)
Nonoperating income (expense) 5382,017(1,887)(153)(459)(66)
Investment income, nonoperating 5882,01274217866
Interest and debt expense (9,004)(8,618)(377)(302)(158)(58)
Other undisclosed income from continuing operations before equity method investments, income taxes   37730215858
Loss from continuing operations before income taxes: (17,583)(10,305)(4,884)(20,854)(26,556)(21,697)
Income tax expense (benefit) (157)285,1532,078(427)(481)
Income (loss) from continuing operations: (17,740)(10,277)269(18,776)(26,983)(22,178)
Income (loss) before gain (loss) on sale of properties:✕(17,740)(10,277)269(18,776)(26,983)(22,178)
Net income (loss): (17,740)(10,277)269(18,776)(26,983)(22,178)
Net income (loss) attributable to noncontrolling interest 647(19)(1,489)(590)(348)(114)
Net loss attributable to parent: (17,093)(10,296)(1,220)(19,366)(27,331)(22,292)
Preferred stock dividends and other adjustments   (23,969)   
Net loss available to common stockholders, diluted: (17,093)(10,296)(25,189)(19,366)(27,331)(22,292)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (17,740)(10,277)269(18,776)(26,983)(22,178)
Other comprehensive income (loss) (788)(120)(342)(19)211(604)
Comprehensive loss: (18,528)(10,397)(73)(18,795)(26,772)(22,782)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest 582(30)(1,544)(599)(269)(227)
Comprehensive loss, net of tax, attributable to parent: (17,946)(10,427)(1,617)(19,394)(27,041)(23,009)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.