Fusion Connect revenue was $150.53 m in FY, 2017 which is a 23.3% year over year increase from the previous period.
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 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
USD | FY, 2016 | FY, 2017 |
---|---|---|
Revenue | 122.0m | 150.5m |
Revenue growth, % | 23% | 23% |
Cost of goods sold | 68.1m | 83.0m |
Gross profit | 54.0m | 67.5m |
Gross profit Margin, % | 44% | 45% |
General and administrative expense | 48.5m | 57.7m |
Operating expense total | 61.6m | 72.9m |
Depreciation and amortization | 13.1m | 14.5m |
EBIT | (7.6m) | (5.4m) |
EBIT margin, % | (6%) | (4%) |
Interest expense | 6.7m | 8.6m |
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) |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|
Revenue | 35.8m | 38.1m | 36.4m | 29.0m | 120.8m | 143.4m |
Cost of goods sold | 19.3m | 20.9m | 19.7m | 12.9m | 66.2m | 73.0m |
Gross profit | 16.5m | 17.2m | 16.6m | 16.1m | 54.6m | 70.4m |
Gross profit Margin, % | 46% | 45% | 46% | 56% | 45% | 49% |
General and administrative expense | 14.1m | 14.3m | 13.6m | 13.9m | 43.0m | 46.8m |
Operating expense total | 18.0m | 17.9m | 17.4m | 18.3m | 60.0m | 66.5m |
Depreciation and amortization | 3.8m | 3.6m | 3.7m | 3.1m | 16.7m | 19.9m |
EBIT | (1.4m) | (744.1k) | (754.6k) | (2.2m) | (5.3m) | 4.0m |
EBIT margin, % | (4%) | (2%) | (2%) | (7%) | (4%) | 3% |
Interest expense | 2.1m | 2.2m | 2.2m | 2.1m | 17.6m | 21.6m |
Pre tax profit | (3.5m) | (2.9m) | (3.7m) | (4.0m) | (37.6m) | (17.5m) |
Income tax expense | 7.8k | 23.1k | 10.2k | 14.1k | (3.9m) | 148.0k |
Net Income | (3.5m) | (2.9m) | (3.7m) | (4.0m) | (18.5m) | (17.6m) |
USD | FY, 2016 | FY, 2017 |
---|---|---|
Cash | 7.2m | 2.5m |
Accounts Receivable | 9.4m | 13.0m |
Current Assets | 17.7m | 17.6m |
PP&E | 14.2m | 12.9m |
Goodwill | 35.7m | 34.8m |
Total Assets | 132.0m | 122.1m |
Accounts Payable | 19.7m | 25.1m |
Short-term debt | 4.6m | 6.5m |
Current Liabilities | 24.3m | 33.0m |
Long-term debt | 98.5m | 87.1m |
Non-Current Liabilities | 98.5m | 90.3m |
Total Debt | 103.1m | 93.6m |
Total Liabilities | 122.8m | 123.3m |
Common Stock | 206.4k | 224.7k |
Preferred Stock | 142.0 | |
Additional Paid-in Capital | 192.2m | 195.9m |
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 x | 0.8 x |
Financial Leverage | 14.4 x | -97.2 x |
USD | FY, 2016 | FY, 2017 |
---|---|---|
Net Income | (12.7m) | (14.1m) |
Depreciation and Amortization | 13.1m | 14.5m |
Accounts Receivable | 190.5k | (3.3m) |
Accounts Payable | (1.3m) | 5.4m |
Cash From Operating Activities | 326.3k | 5.3m |
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) |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|
Net Income | (3.5m) | (6.4m) | (10.1m) | (4.2m) | (31.5m) | (49.1m) |
Depreciation and Amortization | 3.8m | 7.4m | 11.1m | 3.1m | 31.4m | 51.4m |
Accounts Receivable | (2.4m) | 426.3k | (4.4m) | 1.5m | (16.1m) | (16.3m) |
Inventories | (188.0k) | (922.0k) | ||||
Accounts Payable | 3.6m | 953.9k | 5.8m | (1.9m) | 25.9m | 25.2m |
Cash From Operating Activities | 1.4m | 2.5m | 3.9m | (6.3k) | 1.9m | 2.9m |
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) | 29.6m | 43.4m | 55.0m |
Net Change in Cash | (579.8k) | (4.8m) | (4.9m) | 28.6m | 7.9m | 9.7m |
Interest Paid | 19.1m | 36.3m |
USD | FY, 2016 |
---|---|
Revenue/Employee | 398.8k |
Debt/Equity | 11.2 x |
Debt/Assets | 0.8 x |
Financial Leverage | 14.4 x |