RigNet Overview

  • Founded
  • 2000
Founded
  • Status
  • Public
  • Employees
  • 625
Employees
  • Stock Symbol
  • RNET
Stock Symbol
  • Investments
  • 13
  • Share Price
  • $4.05
  • (As of Monday Closing)

RigNet General Information

Description

RigNet Inc operates as a technology company that provides customized communications services, applications, real-time machine learning, and cybersecurity solutions. It operates through the following segments: The Managed Communications Services segment provides remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites; The Applications and Internet-of-Things segment focuses on the applications over-the-top of the Managed Services segment including Supervisory Control and Data Acquisition (SCADA) and Software as a Service (SaaS); The Systems Integration segment gives design and implementation services for customer telecommunications systems.

Contact Information

Website
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Other Industries
Network Management Software
Wireless Communications Equipment
Automation/Workflow Software
Stock Exchange
NAS
Primary Office
  • 15115 Park Row
  • Suite 300
  • Houston, TX 77084
  • United States
+1 (281) 000-0000
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RigNet Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$4.05 $4.13 $0.77 - $6.91 $84.9M 20.6M 1.31M -$1.59

RigNet Financials Summary

In Thousands,
USD
TTM 30-Jun-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 150,435 235,618 295,822 299,783
Revenue 237,241 242,931 238,854 204,892
EBITDA 7,980 29,046 (27,937) 20,990
Net Income (32,180) (19,156) (62,453) (16,176)
Total Assets 218,033 250,980 258,925 230,094
Total Debt 120,783 114,056 77,027 58,114
Public Fundamental Data provided by Morningstar, Inc. disclaimer

RigNet Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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RigNet Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
RigNet Inc operates as a technology company that provides customized communications services, applications, real-time ma
Business/Productivity Software
Houston, TX
625 As of 2019
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Melville, NY
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Espoo, Finland
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RigNet Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Comtech Telecommunications Corporation Melville, NY 0000 00000 000000000 00000
00000 00000000 Corporate Backed or Acquired Espoo, Finland 000 000000&0
000000 00000000 Formerly VC-backed Richmond, Canada 0000 0000 00000000 0000
00000 Corporate Backed or Acquired Espoo, Finland 00000 000.00 0&0
000000 Corporation Carlsbad, CA 0000 00000 000000000 00000
You’re viewing 5 of 8 competitors. Get the full list »

RigNet Executive Team (22)

Name Title Board Seat Contact Info
Steven Pickett Chief Executive Officer & Board Member
Lee Ahlstrom Chief Financial Officer, Finance & Senior Vice President
Errol Olivier Chief Operating Officer, Operations & Senior Vice President
Brendan Sullivan Chief Information Officer & Chief Technology Officer, Technology
Keith Frederick Chief Information Security Officer
You’re viewing 5 of 22 executive team members. Get the full list »

RigNet Board Members (13)

Name Representing Role Since
Brent Whittington Self Board Member 000 0000
Ditlef De Vibe RigNet Board Member 000 0000
Gail Smith RigNet Board Member 000 0000
James Browning RigNet Chairman & Board Member 000 0000
Keith Olsen Self Board Member 000 0000
You’re viewing 5 of 13 board members. Get the full list »

RigNet Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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RigNet Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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RigNet Investments & Acquisitions (13)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000000 0000000 18-Apr-2018 000000000000000000 Telecommunications Service Providers 000000 0000000
000000 18-Apr-2018 000000000000000000 Other Commercial Products 000000 0000000
0000000 0000çõ00 0 23-Mar-2018 000000000000000000 000.00 Business/Productivity Software 000000 0000000
000000 000000000 0 28-Jul-2017 000000000000000000 000.00 Wireless Service Providers 000000 0000000
Data Technology Solutions 24-Jul-2017 Merger/Acquisition 00.000 Other IT Services 000000 0000000
You’re viewing 5 of 13 investments and acquisitions. Get the full list »

RigNet Subsidiaries (3)

Company Name Industry Location Founded
Intelie Soluções em Informática Business/Productivity Software Rio de Janeiro, Brazil 2008
0000000000 0000000 Telecommunications Service Providers Lafayette, LA 0000
0000 0000000000 00 Other IT Services Breaux Bridge, LA
To view RigNet’s complete subsidiaries history, request access »