Wednesday, May 21 2008

Fon latest figures

Revenues at Fon last month were slightly over 100K euros. Gross margins are over 70%. Cash burn which was over a million euros during December was down to 480K euros in April and is going down to 350K euros in June. This puts us on target to be profitable in the last quarter of 2009. Number of registered Foneros is at 830,000. Number of registered hotspots is 332,000 and of active hotspots at anytime has gone up to 212,000 around the world up from 145,000 in December. Last week we added 6000 hotspots and we are on target to have 300K hotspots by year end. Headcount is 61 employees around the world which is remarkable for a company that is managing the largest and fastest growing WiFi network in the world. Our top countries are UK, France, Japan, Germany, USA, Taiwan, Spain and Italy.

Posted on General   |   12:38 am   |   Comments Comments(8)   |   Trackbacks Trackbacks(1)  

Share This   |   E-Mail This E-Mail This   |   TechnoratiOther blog comments   |   Digg Digg   |   Reddit Reddit

Trackbacks

  1. [...] countries are UK, France, Japan, Germany, USA, Taiwan, Spain and Italy.” Hier nachzulesen im Original. Dies zeigt, dass die hier publizierten Daten stets den tatsächlichen Geschehensablauf [...]

Comments

  1. wasn’t the headcount over 90 people at the start of the year?

    Valora este comentario: (4 votos, media: 3.3 de 5)
  2. Hi, I just checked maps.fon.com but I could only count upto 206886 hotspots registered and 95324 active today.
    I guess you added the BTfon numbers as well which still aren’t added to the maps.fon.com
    Also FON isn’t yet web 2.0 aware so the foneros can rate these hotspots; I can’t connect to a fonspot on the 3rd floor and I’ve seen lot’s of fonspots from Asia located in Europe … some seem to put their fonspot not on the correct location :( rating would be nice; so people can see not only the “active” hotspots but also the “used” hotspots…
    preferably fon could also add “ip location based” services to their fonmaps… hence there are more foneras still in the “ocean” at long=0,lattitude=0 then there are foneras in the capital of Europe…

    Valora este comentario: (5 votos, media: 5 de 5)
  3. Nice to see transparency and congrats on some of the numbers.

    Also, your offering should be widely deployed in Latin America. What are the biggest hurdles there? For example, Bolivia which is probably slowest to adopt anything just signed a deal with Alcatel worth millions of dollars to deploy WiMax.

    Valora este comentario: (1 voto, media: 2 de 5)
  4. And what about Poland? You still didn’t reply to my e-mail.

    Valora este comentario: (2 votos, media: 1 de 5)
  5. How it’s possible to decrease cash burn (€1′000k > 350K in 6 mouths) without layoff?

    Valora este comentario: (3 votos, media: 5 de 5)
  6. You forgot the most important financial figure: 5.63 euros.

    That is the amount Fon sent me via paypal last month for people using my router for connections.

    Valora este comentario: (1 voto, media: 3 de 5)
  7. the number of FOn hotspots is really impressing …

    But depending on the source of th information , you won’t get the same number of hotspots :

    http://maps.francofon.fr/ gives something more like 60 K actifs hotspots , I then don’t think FOn is bigger than anyone .

    Valora este comentario: (1 voto, media: 5 de 5)
  8. How do you have so many more Foneros than registered hotspots? How can I become a Fonero without a hotspot? Since many Foneros have more than one hotspot, then the number of Foneros will always be less than the number of hotspots.
    But you say there are 830.000 Foneros and only 332.000 registered hotspots!
    It means you really do count the Aliens as Foneros - except when you do not.

    Valora este comentario: (0 votos)
Loading comments...
No comments rated yet.

Leave a comment

For non-related comments, please use the comments off-topic page.



 



Comment preview:

« Back to text comment

Links

TrackBack URL:

http://english.martinvarsavsky.net/general/fon-latest-figures.html/trackback
Valid CSS   Valid XHTML
Designed by Blogestudio
Close
E-mail It