Internap

Internap is the high-performance Internet infrastructure provider that powers the applications shaping the way we live, work and play. Our hybrid infrastructure delivers performance without compromise – blending virtual and bare-metal cloud, hosting and colocation services across a global network of data centers, optimized from the application to the end user and backed by rock-solid customer support and a 100% uptime guarantee. Since 1996, the most innovative companies have relied on Internap to make their applications faster and more scalable.

Company Growth (employees)
Type
Public
HQ
Atlanta, US
Founded
1996
Size (employees)
650 (est)
Internap was founded in 1996 and is headquartered in Atlanta, US

Key People at Internap

Peter G. Bell

Peter G. Bell

Senior Vice President, Global Sales
Michael Higgins

Michael Higgins

Senior Vice President, Data Center Services

Internap Office Locations

Internap has offices in Atlanta, Redondo Beach, Boston, New York and in 8 other locations
Atlanta, US (HQ)
One Ravinia Drive, Suite 1300
Chiyoda, JP
7th Floor Kanda Kaji Cho Chitose Bldg. 3 3 12 Kanda Kaji Cho
London, GB
10 Frith St
Singapore, SG
Cecil St
Montréal, CA
20 Place Du Commerce
Seattle, US
140 4th Ave N
Plano, US
1221 Coit Rd
Santa Clara, US
2151 Mission College Blvd
Houston, US
1150 1301 Fannin St
New York, US
1701 370 7th Ave
Boston, US
920 84 State St
Redondo Beach, US
120 3690 Redondo Beach Ave

Internap Data and Metrics

Internap Financial Metrics

Internap's revenue was reported to be $298.3 m in FY, 2016 which is a 6% decrease from the previous period.
USD

Revenue (FY, 2016)

298.3 m

Revenue growth (FY, 2015 - FY, 2016), %

(6%)

Net income (FY, 2016)

(124.7 m)

EBIT (FY, 2016)

(93.1 m)

Market capitalization (26-Jun-2017)

237.5 m

Closing share price (26-Jun-2017)

3.4

Cash (31-Dec-2016)

10.4 m

EV

511.2 m
Internap's current market capitalization is $237.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

283.3 m335 m318.3 m298.3 m

Revenue growth, %

18%(5%)(6%)

Operating expense total

290.8 m349.3 m344.2 m391.4 m

EBIT

(7.5 m)(14.3 m)(25.9 m)(93.1 m)

EBIT margin, %

(3%)(4%)(8%)(31%)

Interest expense

11.3 m26.7 m27.6 m30.9 m

Income tax expense

(285 k)(1.4 m)(3.7 m)530 k

Net Income

(19.8 m)(39.5 m)(48.4 m)(124.7 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

35 m20.1 m17.8 m10.4 m

Current Assets

81.8 m52.6 m50.7 m38.5 m

PP&E

332 m342.1 m328.7 m302.7 m

Goodwill

130.4 m130.3 m130.3 m50.2 m

Total Assets

614.2 m591.8 m555.6 m430.6 m

Accounts Payable

29.8 m30.6 m22.6 m20.9 m

Total Debt

290.6 m289 m286.5 m284.2 m

Current Liabilities

61.9 m63.4 m54.4 m54.4 m

Total Liabilities

432 m441.4 m440.2 m434.3 m

Additional Paid-in Capital

1.3 b1.3 b1.3 b1.3 b

Retained Earnings

(1.1 b)(1.1 b)(1.2 b)(1.3 b)

Total Equity

182.2 m150.3 m114.4 m(3.7 m)

Debt to Equity Ratio

1.6 x1.9 x2.5 x-76.3 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x0.7 x

Financial Leverage

3.4 x3.9 x4.9 x-115.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(19.8 m)(39.5 m)(48.4 m)(124.7 m)

Depreciation and Amortization

48.2 m75.3 m89.2 m76.9 m

Accounts Receivable

(5.8 m)2.9 m(2.2 m)1.5 m

Accounts Payable

4 m529 k(4.8 m)1.6 m

Purchases of PP&E

(62.8 m)(77.4 m)(55.7 m)(44.4 m)

Cash From Investing Activities

(208.1 m)(75.7 m)(57.2 m)(45.7 m)

Cash From Financing Activities

180.8 m7.9 m15.3 m(8.1 m)

Interest Paid

11.7 m25 m26.4 m29.6 m

Income Taxes Paid

344 k157 k
Y, 2016

EV/EBIT

-5.5 x

Debt/Equity

-76.3 x

Debt/Assets

0.7 x

Financial Leverage

-115.6 x

Internap Operating Metrics

Internap's Customers was reported to be 8.8 k in May, 2017. Internap's Enterprise Customers was reported to be 3.6 k in May, 2017
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016May, 2017

Customers

12.76 k12.6 k12.4 k12.29 k11.87 k11.5 k11.02 k10.58 k10.13 k9.65 k9.25 k8.87 k8.8 k

Data Centers

52525252525252525050504950

Patents (US)

18

Patents (foreign)

5

Trademarks (US)

14

IP Service Points

81

Enterprise Customers

3.6 k

Internap Market Value History

Internap Revenue Breakdown

Internap Median Salaries

Source: 12 public H-1B filings from Internap

Internap Online and Social Media Presence

Internap Company Life and Culture

You may also be interested in