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iPass Inc.

On October 21, 2022, iPass Inc. went out of business as per its Chapter 11 liquidation filing under bankruptcy. iPass Inc. is a leading provider of global mobile connectivity, offering simple, secure, always-on Wi-Fi access on any mobile device. Built on a software-as-a-service ("SaaS") platform, the iPass cloud-based service keeps its customers connected by providing unlimited Wi-Fi connectivity on unlimited devices. iPass is the world’s largest Wi-Fi network, with more than 65 million hotspots globally, at airports, hotels, train stations, convention centers, outdoor venues, inflight on more than 20 leading airlines, and more. Using patented technology, the iPass SmartConnectTM platform takes the guesswork out of Wi-Fi, automatically connecting customers to the best hotspot for their needs. Customers simply download the iPass application ("app") to experience UNLIMITED, EVERYWHERE and INVISIBLE Wi-Fi.

Market Cap

$25.9M

Volume

94.6K

Cash and Equivalents

$2.3M

EBITDA

-$19.0M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$9.1M

Profit Margin

22.85%

52 Week High

$5.15

52 Week Low

$1.10

Dividend

N/A

Price / Book Value

-2.69

Price / Earnings

-1.33

Price / Tangible Book Value

-2.69

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

-$19.6M

Return on Equity

319.52%

Return on Assets

-82.71

Cash and Short Term Investments

$2.3M

Debt

$7.3M

Equity

-$13.7M

Revenue

$39.7M

Unlevered FCF

-$6.1M

Sector

Software

Category

N/A

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