OverviewSuggest Edit

Global Switch operates and develops large scale network dense, carrier and cloud neutral multi-tenanted data centers. It establishes connections to a number of service providers, major Internet exchanges, carriers and cloud providers. 
TypePrivate
Founded1998
HQGreater London, GB
Websiteglobalswitch.com
Employee Ratings2.3

Latest Updates

Employees (est.) (Dec 2019)254(+3%)
Revenue (FY, 2018)£52.4 M(+76%)

Key People/Management at Global Switch

John Corcoran

John Corcoran

CEO
David Doyle

David Doyle

CFO
Matthew Dent

Matthew Dent

Chief Commercial Officer
Derek Allen

Derek Allen

Group Director, Operations
Damon Reid

Damon Reid

Group Director, Asia-Pacific
Peter Knapp

Peter Knapp

Group Director, Europe
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Global Switch Office Locations

Global Switch has an office in Greater London
Greater London, GB (HQ)
Millbank
Show all (1)

Global Switch Financials and Metrics

Summary Metrics

Founding Date

1998

Global Switch total Funding

$4.9 b

Global Switch latest funding size

$2.10 b

Time since last funding

a year ago

Global Switch investors

Global Switch's latest funding round in July 2018 was reported to be $2.1 b. In total, Global Switch has raised $4.9 b. Global Switch's latest valuation is reported to be $5.5 b.
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Global Switch Revenue

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Global Switch's revenue was reported to be £52.44 m in FY, 2018
GBP

Revenue (FY, 2018)

52.4m

Gross profit (FY, 2018)

26.2m

Gross profit margin (FY, 2018), %

50%

Net income (FY, 2018)

22.8m

EBIT (FY, 2018)

14.1m

Market valuation

5.5b

Cash (31-Dec-2018)

12.5m

EV

5.7b
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

37.2m30.9m29.8m52.4m

Revenue growth, %

8%(17%)(3%)

Cost of goods sold

35.1m30.6m26.2m26.2m

Gross profit

2.1m214.0k3.7m26.2m
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Cash

10.1m234.3m34.4m12.5m

Accounts Receivable

83.4m

Inventories

Current Assets

599.8m463.7m88.8m96.5m
GBPFY, 2015FY, 2016FY, 2017

Net Income

(30.1m)(2.5m)14.7m

Cash From Operating Activities

(24.5m)

Dividends Paid

136.5m

Net Change in Cash

(26.1m)
GBPY, 2018

EV/EBIT

404.9 x

Revenue/Employee

229.8k

Debt/Equity

17.6 x

Debt/Assets

0.9 x

Financial Leverage

19.5 x
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Global Switch Online and Social Media Presence

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Global Switch News and Updates

PCCW Global and Global Switch expand on-demand global connectivity in Asia

HKT (SEHK:6823) – HONG KONG, July 4, 2019 – PCCW Global, the international operating division of HKT, Hong Kong’s premier telecommunications service provider, and Global Switch, a leading owner, operator and developer of large-scale carrier and cloud neutral data centres in Europe and Asia-Pacific, …

Global Switch Plans Hong Kong IPO Filing This Week

Global Switch Plans Hong Kong IPO Filing This Week

UK data centre operator Global Switch picks banks for $1 bln HK IPO -sources

UK-based data centre operator Global Switch has chosen CLSA, Goldman Sachs and JPMorgan as sponsors for its Hong Kong initial public offering (IPO) of up to $1 billion, two people with direct knowledge of the matter said on Friday.

Global Switch Picks Banks for Over $1 Billion IPO

Global Switch Picks Banks for Over $1 Billion IPO

Multi-tenant Data Center Market is Booming Worldwide at 11% CAGR| Key Players: CenturyLink, Digital Realty, Equinix, Global Switch

Unlock new opportunities in Multi-tenant Data Center market; the latest release from HTF MI highlights the key market trends impacting the growth of the global Multi-tenant Data Center market Posted via Industry Today. Follow us on Twitter @IndustryToday

Global Switchgear Manufacturing Markets 2016-2018 & 2022 - Major Players are Schneider Electric, Siemens AG Toshiba Corporation, Mitsubishi Electric Corporation & ABB

DUBLIN, Aug. 23, 2018 /PRNewswire/ -- The "Switchgear Manufacturing: Global Markets to 2022" report has been added to ResearchAndMarkets.com's offering. The market for switchgears manufacturing reached a value of nearly $85.4 billion in 2017 and is expected to grow at a compound annual...
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Global Switch Frequently Asked Questions

  • When was Global Switch founded?

    Global Switch was founded in 1998.

  • Who are Global Switch key executives?

    Global Switch's key executives are John Corcoran, David Doyle and Matthew Dent.

  • How many employees does Global Switch have?

    Global Switch has 254 employees.

  • What is Global Switch revenue?

    Latest Global Switch annual revenue is £52.4 m.

  • What is Global Switch revenue per employee?

    Latest Global Switch revenue per employee is £206.5 k.

  • Who are Global Switch competitors?

    Competitors of Global Switch include Hooli, Inspur Group and eGroup.

  • Where is Global Switch headquarters?

    Global Switch headquarters is located at Millbank, Greater London.

  • Where are Global Switch offices?

    Global Switch has an office in Greater London.

  • How many offices does Global Switch have?

    Global Switch has 1 office.