The company has not filed an annual or quarterly report since its Q3 FY2018 10-Q, filed Nov 9, 2018. Its latest SEC filing is a SC 13G/A from Feb 13, 2019.
10-Q for Q3 FY2018, filed Nov 9, 2018
The sections below describe the company as of the FY2017 annual report.
Sells magicJack devices and phone-service access to consumers, plus calling apps; also provides hosted communications services and equipment to businesses.
10-K for FY2017, filed Mar 16, 2018magicJack VocalTec Ltd. and its subsidiaries (the “Company”) is a cloud communications leader that is the inventor of the magicJack devices…View ↗
The magicJack is a VoIP device weighing about one ounce which includes an initial access right period. Customers receive free VoIP phone…View ↗
The Company also offers magicJack mobile apps, which are applications that allow users to make and receive telephone calls through their…View ↗
The Company provides hosted communication services and sells hardware and network equipment that are compatible with the service, through…View ↗
Most revenue comes from consumers buying magicJack devices with an included access period and paying for renewals. Businesses pay monthly in advance for hosted communications; one-time service and certain usage charges are billed afterward, while prepaid minutes and carrier calls are charged as used.
10-K for FY2017, filed Mar 16, 2018Approximately 86%, 87% and 90% of our revenues in the years ended December 31, 2017, 2016 and 2015, respectively, were derived from sales…View ↗
The magicJack is a VoIP device weighing about one ounce which includes an initial access right period. Customers receive free VoIP phone…View ↗
Access right renewals and mobile apps – represent revenues from customers purchasing rights to access our servers beyond the access right…View ↗
UCaaS – represents revenues recognized from: (i) recurring monthly service revenue from sales of its hosted services - customers are billed…View ↗
Prepaid minutes – represent revenues recognized primarily from the usage and expiration of international prepaid minutes, net of…View ↗
Access and wholesale charges – represent revenues generated from: (i) access fees charged to other telecommunication carriers or providers…View ↗
$143.5M
10-K for FY2014, filed Mar 17, 2015
$143.5M ↗
Consumers buy devices through retailers or directly on the company website. Businesses buy hosted services through direct sales or resellers, while VoIP providers and phone carriers buy wholesale telephone service.
10-K for FY2017, filed Mar 16, 2018The magicJack is a VoIP device weighing about one ounce which includes an initial access right period. Customers receive free VoIP phone…View ↗
For its Core Consumer business, the Company has relied on various marketing methods to advertise its products, including digital marketing…View ↗
For its Enterprise business, Broadsmart has not historically marketed through traditional advertising channels but has relied on direct…View ↗
magicJack VocalTec is a vertically integrated group of companies. The Company owns a micro-processor chip design company, an Appserver and…View ↗
The Company generates revenues from access fees charged to other carriers, as well as wholesaling telephone service to VoIP providers and…View ↗
Yes. It kept 49 cents of every revenue dollar as net income in FY2013 and turned 24 cents into free cash flow.
10-K for FY2014, filed Mar 17, 2015
10-K for FY2014, filed Mar 17, 2015
$47.4MView ↗
10-K for FY2014, filed Mar 17, 2015
$70.3MView ↗
10-K for FY2014, filed Mar 17, 2015
$35.1MView ↗
8-K, filed Nov 16, 2018
Before the open of market on November 14, 2018, the Company notified The Nasdaq Stock Market LLC (“NASDAQ”) of the consummation of the…View ↗
Grew. Revenue grew 20% in 3 years, from $119.7M in FY2010 to $143.5M in FY2013, about 6% a year.
Added hosted enterprise services
The earlier report focused on devices, apps and wholesale phone service. The later report adds Broadsmart, which provides hosted communications services and equipment to medium-to-large, multi-location enterprise customers.
10-K for FY2014, filed Mar 16, 2015 10-K for FY2017, filed Mar 16, 2018
Competes with AT&T, CenturyLink, Verizon Communications, Cablevision Systems, Charter Communications, Comcast, Cox Communications, Time Warner Cable, AT&T Mobility, Sprint Nextel, T-Mobile USA, Verizon Wireless, Apple, Samsung, Vonage, Google Voice, Skype, 8x8, Ooma, and RingCentral
10-K for FY2017, filed Mar 16, 2018The Company’s Core Consumer business faces competition from traditional telephone companies, wireless companies, cable companies and…View ↗
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