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Bandwidth Inc (BAND)

Bandwidth Inc (BAND)
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Bandwidth operates as a Communications Platform-as-a-Service (CPaaS) provider, offering avant-garde software application programming interfaces for voice and messaging services. It is the only API platform provider that owns a Tier 1 network with enhanced network capacity, primarily catering to business enterprises. It delivers unparalleled network quality and proactively monitors network operations 24/7 to resolve quality issues, capitalizing on an efficient cost structure for seamless connectivity and speed-to-market. Technology companies like Microsoft, Cisco and Google leverages Bandwidth's API to embed voice, messaging and 911 access into software & applications. It has 2 units: CPaaS and Other. CPaaS unit leverages cloud-based software platform for superior communications services to deal the huge demand of Unified-Communications-as-a-Service services and Meeting Solutions. It revenues from voice usage & messaging services. Other unit derives revenues primarily from legacy services & indirect revenues.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 748,490 601,120 573,150 490,910 343,110
Sales Growth +24.52% +4.88% +16.75% +43.08% +47.52%
Net Income -6,520 -16,340 19,570 -27,360 -43,980
Net Income Growth +60.10% -183.50% +171.53% +37.79% -1,866.26%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 989,170 1,101,050 929,320 1,065,540 890,610
Total Assets Growth -10.16% +18.48% -12.78% +19.64% +160.85%
Total Liabilities 676,630 803,660 657,140 652,940 460,690
Total Liabilities Growth -15.81% +22.30% +0.64% +41.73% +545.86%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 83,880 39,000 34,910 40,800 4,520
Operating Cash Flow Growth +115.08% +11.72% -14.44% +802.65% +461.60%
Net Cash Flow -50,070 17,690 -217,670 250,850 -103,570
Change in Net Cash Flow -383.04% +108.13% -186.77% +342.20% -172.17%
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