EarthLink

EarthLink, Inc. is an Internet service provider, providing nationwide Internet access and related value-added services to individual and business customers. The Company's primary service offerings are dial-up and high-speed Internet access services and related value-added services, such as ancillary services sold as add-on features to its Internet access services, search and advertising. In addition, through its wholly owned subsidiary, New Edge Networks (New Edge), it builds and manages Internet protocol (IP) based area networks for businesses and communications carriers. The Company operates two reportable segments, Consumer Services, and Business Services. EarthLink's Consumer Services segment provides Internet access and related value-added services to individual customers. Its Business Services segment provides integrated communications services and related value-added services to businesses and communications carriers.

Type
Subsidiary
Parent Company
Windstream
HQ
Atlanta, US
Founded
1994
EarthLink was founded in 1994 and is headquartered in Atlanta, US

Key People at EarthLink

Julie A. Shimer

Julie A. Shimer

Director
Susan D. Bowick

Susan D. Bowick

Independent Lead Director

EarthLink Office Locations

EarthLink has an office in Atlanta
Atlanta, US (HQ)
1170 Peachtree St NE

EarthLink Data and Metrics

EarthLink Summary

EarthLink is a subsidiary of Windstream

EarthLink Financial Metrics

EarthLink's revenue was reported to be $959.9 m in FY, 2016
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.2 b1.2 b1.1 b959.9 m

Revenue growth, %

(5%)(7%)(13%)

Cost of goods sold

442.6 b

Gross profit

(441.6 b)

Gross profit Margin, %

(46011%)

General and administrative expense

319.2 b

Operating expense total

904.8 m640.3 m576.4 m914.9 b

EBIT

(264.9 m)(20.9 m)20.2 m45 b

EBIT margin, %

(21%)(2%)2%4686%

Pre tax profit

8.6 b

Income tax expense

(945 m)

Net Income

(538.8 m)(72.8 m)(43.2 m)7.7 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

297.3 m297.4 m297.7 m282.4 m283.7 m270.9 m254.3 m240.4 m235.1 m

Cost of goods sold

145.9 m144.2 m135.7 m129.5 m127 m122.4 m115.2 m110.9 m109.5 m

Gross profit

151.4 m153.2 m162.1 m153 m156.6 m148.5 m139.1 m129.4 m125.6 m

Gross profit Margin, %

51%52%54%54%55%55%55%54%53%

General and administrative expense

106.5 m104.6 m105.9 m95.3 m94.3 m90.8 m81.4 m76.9 m79.1 m

Operating expense total

106.5 m104.6 m105.9 m95.3 m94.3 m90.8 m81.4 m76.9 m79.1 m

EBIT

(12.2 m)(7.4 m)7.7 m5.1 m10.6 m5.8 m14.4 m15.6 m11.1 m

EBIT margin, %

(4%)(2%)3%2%4%2%6%7%5%

Pre tax profit

(26.2 m)(21.5 m)(6.3 m)(10.1 m)(9.5 m)(8.5 m)8.8 m4.6 m275 k

Income tax expense

(363 k)(374 k)4.3 m(351 k)(410 k)(2.1 m)(951 k)(483 k)(45 k)

Net Income

(26.5 m)(21.8 m)(2 m)(10.5 m)(9.9 m)(10.5 m)7.9 m
USDFY, 2016

Cash

51.5 m

Current Assets

151 m

PP&E

331.1 m

Goodwill

142.4 m

Total Assets

635.6 m

Accounts Payable

15.8 m

Total Debt

441.9 m

Current Liabilities

148.6 m

Total Liabilities

615.5 m

Additional Paid-in Capital

2 b

Retained Earnings

(1.3 b)

Total Equity

20.2 m

Debt to Equity Ratio

21.9 x

Debt to Assets Ratio

0.7 x

Financial Leverage

31.5 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

108.5 m98.5 m129.6 m108.1 m87.4 m87.6 m60.7 m76.8 m59 m

Current Assets

242.5 m236.5 m267.8 m230.6 m202.7 m199 m160.7 m176.2 m153.4 m

PP&E

426.3 m415.7 m414.8 m391.8 m382.3 m372.9 m348.2 m338 m333.5 m

Goodwill

137.7 m137.7 m137.8 m137.8 m137.8 m137.8 m135.5 m134.5 m141.9 m

Total Assets

971.2 m937.8 m951.1 m856.1 m799.1 m768 m662.8 m662.5 m643.6 m

Accounts Payable

26.2 m26.9 m23.7 m18.5 m9.9 m18.5 m11.7 m12.2 m19.7 m

Current Liabilities

203.1 m198.1 m216.4 m190.9 m157.1 m197.9 m137.6 m166.5 m148.9 m

Additional Paid-in Capital

2 b2 b2 b2 b2 b2 b2 b2 b2 b

Retained Earnings

(1.2 b)(1.2 b)(1.2 b)(1.2 b)(1.2 b)(1.2 b)(1.3 b)(1.2 b)(1.2 b)

Total Equity

132.3 m104.9 m100.5 m60.5 m49.5 m37.1 m25.6 m28 m26.6 m

Financial Leverage

7.3 x8.9 x9.5 x14.2 x16.2 x20.7 x25.9 x23.7 x24.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

7.7 m

Depreciation and Amortization

135.2 m

Cash From Operating Activities

(41 m)17.5 m(42.8 m)126 m

Purchases of PP&E

(84.1 m)

Cash From Investing Activities

(64 m)

Long-term Borrowings

(147.5 m)

Cash From Financing Activities

(101.7 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

(26.5 m)(21.8 m)(2 m)(10.5 m)(9.9 m)(10.5 m)7.9 m

Depreciation and Amortization

46.9 m45.6 m46.7 m47.3 m47.7 m46.5 m40.2 m33.6 m32.6 m

Accounts Payable

26.2 m26.9 m23.7 m18.5 m9.9 m18.5 m11.7 m12.2 m19.7 m

EarthLink Operating Metrics

Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016

ARPU

$22.06$22.99$23.18$23.92$23.24$23.62$23.48$23.57$23.91$24.04$23.76$22.89

Subscribers

938 k893 k854 k648 k785 k777 k752 k729 k704 k689 k689 k821 k

Fiber Miles

29 k

    EarthLink Revenue Breakdown

    Traffic Overview of EarthLink

    EarthLink Online and Social Media Presence

    EarthLink News and Updates

    EarthLink Company Life and Culture

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