Summary - Funding Rounds

Founding Date

1997
Dupont Fabros Technology is a subsidiary of Digital Realty

Dupont Fabros Technology Income Statement

Annual

USDY, 2013FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

375.1m375.1m417.6m452.4m528.7m

Revenue growth, %

11%8%17%

General and administrative expense

16.3m23.0m

Operating expense total

230.9m23.0m

Depreciation and amortization

93.1m

EBIT

144.2m144.2m162.9m39.6m211.9m

EBIT margin, %

38%38%39%9%40%

Interest income

137.0k137.0k116.0k60.0k

Net Income

53.6m53.6m124.6m(4.1m)181.4m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

96.3m102.1m102.0m105.6m107.3m113.8m115.3m124.1m128.5m134.3m139.5m140.7m

General and administrative expense

3.7m4.2m3.9m4.6m4.3m4.5m4.4m5.6m5.3m5.5m6.8m6.3m

Operating expense total

58.8m61.9m60.3m64.1m72.1m72.9m72.4m75.0m78.6m77.9m82.9m90.2m

Depreciation and amortization

23.3m23.6m24.8m26.2m26.4m25.8m26.3m27.5m28.2m28.9m

EBIT

37.5m40.1m41.7m41.5m35.2m40.9m43.0m49.1m50.0m56.4m56.6m50.6m

EBIT margin, %

39%39%41%39%33%36%37%40%39%42%41%36%

Interest income

32.0k68.0k39.0k6.0k11.0k30.0k10.0k

Net Income

(6.0m)31.6m33.0m30.3m26.3m31.1m30.4m36.7m60.6m41.0m44.3m38.0m

Dupont Fabros Technology Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

38.7m29.6m31.2m38.6m

Total Assets

2.7b2.8b2.8b3.0b

Accounts Payable

23.6m10.8m11.8m36.9m

Long-term debt

60.0m

Total Debt

Total Liabilities

1.0b1.5b

Additional Paid-in Capital

901.0m764.0m685.0m766.7m

Retained Earnings

(79.9m)

Total Equity

956.4m967.0m

Financial Leverage

2.9 x3.1 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

198.2m71.8m56.1m8.7m27.1m105.9m67.8m31.2m242.5m277.0m61.8m45.0m31.1m

Total Assets

2.8b2.8b2.8b2.8b2.9b3.0b2.9b2.8b3.1b3.0b3.0b3.2b3.3b

Accounts Payable

26.7m22.4m24.1m26.6m28.5m31.9m30.3m32.3m28.1m33.1m31.7m29.6m39.4m

Long-term debt

150.0m197.8m336.0m

Total Debt

150.0m197.8m336.0m

Total Liabilities

1.1b1.1b1.1b1.1b1.3b1.4b1.4b1.4b1.4b1.4b1.4b1.6b1.8b

Additional Paid-in Capital

892.4m913.4m868.4m864.3m724.8m766.8m812.9m685.0m808.9m726.4m792.0m773.3m631.0m

Retained Earnings

(10.2m)(79.9m)(55.5m)(18.2m)

Total Equity

1.1b1.2b956.4m1.1b1.0b993.1m973.6m831.4m

Debt to Equity Ratio

0.2 x0.4 x

Debt to Assets Ratio

0.1 x0.1 x

Financial Leverage

2.6 x2.5 x2.9 x2.8 x3 x3 x3.3 x4 x

Dupont Fabros Technology Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

53.6m124.6m(4.1m)181.4m

Depreciation and Amortization

93.1m96.8m104.0m107.8m

Accounts Payable

7.4m776.0k1.1m(229.0k)

Cash From Operating Activities

193.8m244.5m255.0m290.0m

Cash From Investing Activities

(153.1m)(277.2m)(241.7m)(261.0m)

Cash From Financing Activities

(25.5m)23.6m(11.7m)(21.6m)

Interest Paid

42.8m42.6m51.1m48.9m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

32.5m31.6m64.6m94.9m26.3m57.5m87.9m36.7m97.3m138.2m44.3m82.2m

Depreciation and Amortization

69.8m23.3m46.9m71.7m25.0m51.2m77.6m25.8m52.2m79.7m28.2m57.2m

Accounts Payable

2.1m(8.0m)605.0k(8.0m)(8.8m)693.0k(4.1m)(5.3m)189.0k(5.6m)(5.3m)(82.0k)

Cash From Operating Activities

140.7m44.5m118.6m171.8m49.1m127.5m191.4m51.3m124.4m197.9m54.6m137.3m

Cash From Investing Activities

(70.9m)(83.8m)(135.5m)(198.7m)(61.2m)(114.0m)(174.4m)(77.9m)(8.1m)(142.3m)(141.5m)(323.3m)

Cash From Financing Activities

104.9m72.3m34.3m(3.1m)9.6m62.8m21.2m237.8m129.5m(25.0m)93.3m178.4m

Interest Paid

37.0m18.8m21.1m40.5m19.9m22.5m41.7m20.1m29.2m48.5m