Fusion Connect stock price, funding rounds, valuation and financials

Fusion Connect has raised $75.22 m in total funding. Fusion Connect annual revenue was $150.53 m in FY 2017
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$143.4 M

Fusion Connect Revenue Q3, 2018
Fusion Connect Gross profit (Q3, 2018)70.4 M
Fusion Connect Gross profit margin (Q3, 2018), %49.1%
Fusion Connect Net income (Q3, 2018)-17.6 M
Fusion Connect EBIT (Q3, 2018)4 M
Fusion Connect Cash, 30-Sept-201815.4 M

Fusion Connect Revenue

Fusion Connect revenue was $150.53 m in FY, 2017 which is a 23.3% year over year increase from the previous period.

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Fusion Connect Funding

Summary Metrics

Founding Date

2003

Fusion Connect total Funding

$75.2 m

Fusion Connect latest funding size

$22.70 m

Time since last funding

3 years ago

Fusion Connect investors

Praesidian Capital, Plexus Capital
Fusion Connect's latest funding round in May 2018 was reported to be $22.7 m. In total, Fusion Connect has raised $75.2 m

Fusion Connect Revenue Breakdown

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Fusion Connect revenue breakdown by business segment: 78.0% from Business Services and 22.0% from Carrier Services

Fusion Connect revenue breakdown by geographic segment: 8.2% from International and 91.8% from United States

Fusion Connect Income Statement

Annual

USDFY, 2016FY, 2017

Revenue

122.0m150.5m

Revenue growth, %

23%23%

Cost of goods sold

68.1m83.0m

Gross profit

54.0m67.5m

Gross profit Margin, %

44%45%

General and administrative expense

48.5m57.7m

Operating expense total

61.6m72.9m

Depreciation and amortization

13.1m14.5m

EBIT

(7.6m)(5.4m)

EBIT margin, %

(6%)(4%)

Interest expense

6.7m8.6m

Pre tax profit

(14.3m)(14.0m)

Income tax expense

(1.6m)61.5k

Net Income

(12.7m)(14.1m)

EPS

(1.0)(0.7)

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

35.8m38.1m36.4m29.0m120.8m143.4m

Cost of goods sold

19.3m20.9m19.7m12.9m66.2m73.0m

Gross profit

16.5m17.2m16.6m16.1m54.6m70.4m

Gross profit Margin, %

46%45%46%56%45%49%

General and administrative expense

14.1m14.3m13.6m13.9m43.0m46.8m

Operating expense total

18.0m17.9m17.4m18.3m60.0m66.5m

Depreciation and amortization

3.8m3.6m3.7m3.1m16.7m19.9m

EBIT

(1.4m)(744.1k)(754.6k)(2.2m)(5.3m)4.0m

EBIT margin, %

(4%)(2%)(2%)(7%)(4%)3%

Interest expense

2.1m2.2m2.2m2.1m17.6m21.6m

Pre tax profit

(3.5m)(2.9m)(3.7m)(4.0m)(37.6m)(17.5m)

Income tax expense

7.8k23.1k10.2k14.1k(3.9m)148.0k

Net Income

(3.5m)(2.9m)(3.7m)(4.0m)(18.5m)(17.6m)

Fusion Connect Balance Sheet

Annual

USDFY, 2016FY, 2017

Cash

7.2m2.5m

Accounts Receivable

9.4m13.0m

Current Assets

17.7m17.6m

PP&E

14.2m12.9m

Goodwill

35.7m34.8m

Total Assets

132.0m122.1m

Accounts Payable

19.7m25.1m

Short-term debt

4.6m6.5m

Current Liabilities

24.3m33.0m

Long-term debt

98.5m87.1m

Non-Current Liabilities

98.5m90.3m

Total Debt

103.1m93.6m

Total Liabilities

122.8m123.3m

Common Stock

206.4k224.7k

Preferred Stock

142.0

Additional Paid-in Capital

192.2m195.9m

Retained Earnings

(183.2m)(197.3m)

Total Equity

9.2m(1.3m)

Debt to Equity Ratio

11.2 x-74.5 x

Debt to Assets Ratio

0.8 x0.8 x

Financial Leverage

14.4 x-97.2 x

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

6.6m2.4m2.3m31.0m13.5m15.4m

Accounts Receivable

12.3m9.5m14.4m9.2m52.4m52.6m

Prepaid Expenses

10.4m11.3m

Inventories

1.6m2.4m

Current Assets

20.5m13.6m18.5m47.1m82.5m86.3m

PP&E

13.5m13.9m13.8m11.1m121.3m120.6m

Goodwill

35.3m35.3m34.8m35.2m217.8m218.2m

Total Assets

133.3m124.4m126.5m150.9m638.9m634.0m

Accounts Payable

23.3m20.7m25.7m20.2m76.1m75.5m

Short-term debt

6.0m7.0m7.5m8.3m27.5m33.3m

Current Liabilities

29.4m27.7m33.2m33.9m166.7m171.8m

Long-term debt

97.0m92.5m92.8m82.1m583.3m592.3m

Non-Current Liabilities

97.0m92.5m92.8m83.2m591.0m598.4m

Total Debt

103.0m99.5m100.2m90.4m610.9m625.6m

Total Liabilities

126.4m120.2m125.9m117.1m757.7m770.2m

Common Stock

224.1k225.1k223.0k238.5k784.0k785.0k

Preferred Stock

134.0

Additional Paid-in Capital

193.4m193.6m193.6m235.0m145.4m145.6m

Retained Earnings

(186.7m)(189.6m)(193.3m)(201.3m)(264.8m)(282.4m)

Total Equity

6.9m4.2m559.2k33.8m(118.9m)(136.2m)

Debt to Equity Ratio

15 x23.6 x179.3 x2.7 x-5.1 x-4.6 x

Debt to Assets Ratio

0.8 x0.8 x0.8 x0.6 x1 x1 x

Financial Leverage

19.3 x29.5 x226.2 x4.5 x-5.4 x-4.7 x

Fusion Connect Cash Flow

Annual

USDFY, 2016FY, 2017

Net Income

(12.7m)(14.1m)

Depreciation and Amortization

13.1m14.5m

Accounts Receivable

190.5k(3.3m)

Accounts Payable

(1.3m)5.4m

Cash From Operating Activities

326.3k5.3m

Purchases of PP&E

(4.8m)(4.3m)

Cash From Investing Activities

(27.5m)(4.6m)

Long-term Borrowings

(42.2m)(4.7m)

Cash From Financing Activities

26.8m(5.4m)

Net Change in Cash

(318.6k)(4.7m)

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(3.5m)(6.4m)(10.1m)(4.2m)(31.5m)(49.1m)

Depreciation and Amortization

3.8m7.4m11.1m3.1m31.4m51.4m

Accounts Receivable

(2.4m)426.3k(4.4m)1.5m(16.1m)(16.3m)

Inventories

(188.0k)(922.0k)

Accounts Payable

3.6m953.9k5.8m(1.9m)25.9m25.2m

Cash From Operating Activities

1.4m2.5m3.9m(6.3k)1.9m2.9m

Purchases of PP&E

(984.6k)(2.3m)(3.9m)(976.9k)(15.4m)(26.2m)

Cash From Investing Activities

(1.5m)(2.8m)(4.2m)(945.3k)(37.4m)(48.2m)

Long-term Borrowings

(1.2m)(5.3m)(5.3m)(8.6m)(553.3m)(561.3m)

Cash From Financing Activities

(446.7k)(4.5m)(4.5m)29.6m43.4m55.0m

Net Change in Cash

(579.8k)(4.8m)(4.9m)28.6m7.9m9.7m

Interest Paid

19.1m36.3m

Fusion Connect Ratios

USDFY, 2016

Revenue/Employee

398.8k

Debt/Equity

11.2 x

Debt/Assets

0.8 x

Financial Leverage

14.4 x

Fusion Connect Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Business Customer Accounts

13 k13 k

Carrier Customers

370 370 370 370 370

Distribution Partners

500 500

Trademarks (US)

6 6

Fusion Connect Employee Rating

3.553 votes
Culture & Values
2.9
Work/Life Balance
3.2
Senior Management
3
Salary & Benefits
2.9
Career Opportunities
3
Source
View Fusion Connect profile

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