Ring Central on the Move

Ring Central is a cloud phone system company that has seen steady growth over the past several years as they make inroads into the traditional PBX market.

Stock Price:   Currently it is in the low $80’s which is up from its 1 year low of $40.35.    Not a bad return given the S&P 500 is up less than 10% this year. 

Market Cap:  $6 Billion.   How can a company that doesn’t report a profit have a market cap so high?   Answer is growth.    Check out these sales figure for the past 4 years.

Revenue:

2017 – $501 M

2016 – $379 M

2015 – $296 M

2014 – $219 M

Ring Central is still not profitable but that growth curve is unmistakable and is driving a high Market Cap

RingCentral’s flagship product is RingCentral Office. The company also offers RingCentral Professional, and RingCentral Fax.

RingCentral provides a cloud business phone system. It offers standard PBX features such as multiple extensions and web conferencing; fax; auto-receptionist; call logs; and rule-based call routing and answering as well. Generally Customers do not require capital investment or maintenance contracts, which has the potential to lowers overall customer costs and provide a solid ROI.

RingCentral Office

RingCentral Office is a cloud-based PBX system for businesses.  RingCentral Office features include call auto-attendant, company directory, call forwarding and handling, multiple extensions, a mobile app for iPhone and Android, Business SMS, and video conferencing.

RingCentral Professional

RingCentral Professional is a suite that provides a universal telephone number, voice mail, dial-by-name directory, call-forwarding, and other features through a smartphone app on iPhone and Android devices.

RingCentral Fax

RingCentral Fax allows users to send and receive faxes through the Internet without a fax machine.

RingCentral Meetings, Webinar and Rooms

• RingCentral Meetings is a web conferencing product
• RingCentral Webinar allows companies to host HD-ready virtual events with up to 3000 attendees.
• RingCentral Rooms is to manage web conferences.

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