Vonage Holdings Corp. (VG) financial statements (2021 and earlier)

Company profile

Business Address 23 MAIN STREET
HOLMDEL, NJ 07733
State of Incorp. DE
Fiscal Year End December 31
SIC 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2453130684885
Cash and cash equivalents2453129584185
Short-term investments   1107 
Receivables102754440222120
Inventory, net of allowances, customer advances and progress billings113461011
Inventory113461011
Prepaid expense2226243222
Capitalized contract cost1412
Deferred costs  13455
Other current assets1086    
Other undisclosed current assets   23363034
Total current assets:173128110102137115155
Noncurrent Assets
Operating lease, right-of-use asset51
Nontrade receivables     7
Property, plant and equipment48494748495052
Intangible assets, net (including goodwill)853898547560360251160
Goodwill60359837436022219184
Intangible assets, net (excluding goodwill)2503001731991386077
Capitalized contract cost, net55 
Restricted cash and investments2222334
Deferred costs   1000
Other noncurrent assets342420141082
Deferred tax assets, net103111189   
Other undisclosed noncurrent assets149552224225241268
Total noncurrent assets:1,1921,132749838648560488
TOTAL ASSETS:1,3651,259859940785675643
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:180141115140968481
Accounts payable42533031 4350
Accrued liabilities1388785109 8481
Interest and dividends payable    00 
Settlement liabilities    00
Other undisclosed accounts payable and accrued liabilities    96(43)(50)
Deferred revenue59
Debt 101922192326
Deferred revenue and credits3032333637
Other liabilities  0    
Other undisclosed current liabilities1253  434350
Total current liabilities:252204164194191186194
Noncurrent Liabilities
Long-term debt and lease obligation54350921430019977109
Long-term debt, excluding current maturities4975092143001957098
Capital lease obligations  03710
Operating lease, liability46
Liabilities, other than long-term debt31084622
Deferred revenue and credits 0110
Other liabilities31084512
Other undisclosed noncurrent liabilities     67 
Total noncurrent liabilities:546520221305205146111
Total liabilities:798724386499396332305
Temporary equity, carrying amount      (0)
Stockholders' equity
Stockholders' equity attributable to parent, including:567536473441389343338
Common stock0000000
Treasury stock, value(306)(275)(244)(219)(180)(160)(101)
Additional paid in capital1,4941,4161,3751,3111,2251,1851,136
Accumulated other comprehensive income (loss)9714(14)(2)(3)1
Accumulated deficit(631)(612)(673)(637)(655)(678)(698)
Other undisclosed stockholders' equity attributable to parent     (1) 
Stockholders' equity attributable to noncontrolling interest     (1) 
Other undisclosed stockholders' equity     1 
Total stockholders' equity:567536473441389343338
TOTAL LIABILITIES AND EQUITY:1,3651,259859940785675643

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,1891,0491,002956895869829
Revenue, net1,002956221
Cost of revenue(511)(427)(405)(356)(2)(270)(252)
Cost of goods and services sold(38)(28)(405)(356)(2)(270)(252)
Other undisclosed gross profit  01   
Gross profit:678622597600893599577
Operating expenses(1,183)(997)(943)(911)(842)(821)(777)
Other undisclosed operating income5114274053552270252
Operating income:7525944534852
Nonoperating expense(33)(15)(14)(13)(10)(7)(6)
Interest and debt expense(33)(0)(15)(13)(9)(7)(7)
Other undisclosed income from continuing operations before equity method investments, income taxes3301513977
Income (loss) from continuing operations before income taxes:(26)374631434146
Income tax expense (benefit)7(1)(80)(13)(18)(22)(18)
Income (loss) from continuing operations:(19)36(34)18251928
Loss from discontinued operations    (2)  
Net income (loss):(19)36(34)18231928
Net income attributable to noncontrolling interest     10
Other undisclosed net income attributable to parent    0  
Net income (loss) available to common stockholders, diluted:(19)36(34)18232028

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(19)36(34)18231928
Other comprehensive income (loss)3(7)28(12)1(4)(2)
Comprehensive income (loss):(17)28(6)6241626
Comprehensive income (loss), net of tax, attributable to noncontrolling interest    01(0)
Other undisclosed comprehensive income, net of tax, attributable to parent      1
Comprehensive income (loss), net of tax, attributable to parent:(17)28(6)6241726

Statements sources

The financial statements are based on the company's filings with the 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.

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