Internap market cap is $2.3 m, and annual revenue was $291.51 m in FY 2019

Internap Gross profit (FY, 2019)184.6 M

Internap Gross profit margin (FY, 2019), %63.3%

Internap Net income (FY, 2019)-138.2 M

Internap EBIT (FY, 2019)-68.4 M

Internap Cash, 31-Dec-201911.6 M

Internap EV675.5 M

Internap revenue was $291.51 m in FY, 2019

Internap revenue breakdown by business segment: 21.8% from INAP INTL and 78.2% from INAP US

Internap revenue breakdown by geographic segment: 12.0% from Canada , 79.6% from United States and 8.4% from Other Countries

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 298.3m | 280.7m | 317.4m | 291.5m |

| (6%) | (6%) | 13% | |

## Cost of goods sold | 156.4m | 132.0m | 139.8m | 106.9m |

## Gross profit | 141.9m | 148.7m | 177.6m | 184.6m |

| 48% | 53% | 56% | 63% |

## General and administrative expense | 70.6m | 62.7m | 75.4m | 67.1m |

## Operating expense total | 234.9m | 144.0m | 171.4m | 253.0m |

## Depreciation and amortization | 76.9m | 75.0m | 90.7m | 85.7m |

## EBIT | (93.1m) | 4.8m | 6.2m | (68.4m) |

| (31%) | 2% | 2% | (23%) |

## Interest expense | 30.9m | 50.5m | 68.1m | |

## Investment income | ||||

## Pre tax profit | (124.4m) | (46.2m) | (61.7m) | (139.8m) |

## Income tax expense | 530.0k | 253.0k | 657.0k | (1.6m) |

## Net Income | (124.7m) | (45.3m) | (62.4m) | (138.2m) |

## EPS | (2.4) | (2.4) | (3.0) |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 72.1m | 69.6m | 68.9m | 74.2m | 82.0m | 83.0m | 73.6m | 73.1m | 72.9m |

## Cost of goods sold | 36.3m | 32.6m | 31.2m | 32.4m | 36.8m | 36.9m | 34.5m | 34.7m | 35.6m |

## Gross profit | 35.8m | 37.1m | 37.7m | 41.8m | 45.1m | 46.1m | 39.0m | 38.5m | 37.2m |

| 50% | 53% | 55% | 56% | 55% | 56% | 53% | 53% | 51% |

## General and administrative expense | 16.6m | 15.6m | 15.3m | 19.9m | 19.6m | 18.2m | 17.5m | 15.7m | 15.8m |

## Operating expense total | 35.3m | 39.1m | 37.0m | 40.9m | 43.0m | 43.9m | 41.1m | 37.9m | 41.2m |

## Depreciation and amortization | 17.7m | 18.9m | 20.9m | 21.1m | 22.6m | 23.4m | 22.2m | 22.0m | 21.6m |

## EBIT | 492.0k | (2.1m) | 732.0k | 879.0k | 2.1m | 2.2m | (2.1m) | 590.0k | (3.9m) |

| 1% | (3%) | 1% | 1% | 3% | 3% | (3%) | 1% | (5%) |

## Interest expense | 8.1m | 17.1m | 12.3m | 15.0m | 15.9m | 16.9m | 17.4m | 19.2m | 19.9m |

## Pre tax profit | (7.7m) | (19.4m) | (11.8m) | (13.9m) | (13.8m) | (14.9m) | (19.7m) | (18.7m) | (23.9m) |

## Income tax expense | 518.0k | (50.0k) | 221.0k | 100.0k | 141.0k | 162.0k | (103.0k) | (211.0k) | (6.0k) |

## Net Income | (8.2m) | (19.3m) | (10.9m) | (14.0m) | (13.9m) | (15.1m) | (19.6m) | (18.5m) | (23.8m) |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 10.4m | 14.6m | 17.8m | 11.6m |

## Accounts Receivable | 18.0m | 17.8m | 20.1m | 15.6m |

## Prepaid Expenses | 10.1m | 8.7m | 7.4m | 7.4m |

## Current Assets | 38.5m | 41.1m | 54.1m | 43.6m |

## PP&E | 302.7m | 458.6m | 478.1m | 215.1m |

## Goodwill | 50.2m | 50.2m | 116.2m | 71.2m |

## Total Assets | 430.6m | 586.5m | 744.9m | 599.4m |

## Accounts Payable | 20.9m | 20.4m | 23.4m | 20.5m |

## Short-term debt | 10.8m | 17.6m | 9.4m | 442.6m |

## Current Liabilities | 54.4m | 64.6m | 60.0m | 485.6m |

## Long-term debt | 362.8m | 511.6m | 677.7m | 242.3m |

## Total Debt | 373.6m | 529.2m | 687.1m | 684.9m |

## Total Liabilities | 434.3m | 587.6m | 744.9m | 732.2m |

## Common Stock | 58.0k | 21.0k | 25.0k | 26.0k |

## Preferred Stock | ||||

## Additional Paid-in Capital | 1.3b | 1.3b | 1.4b | 1.4b |

## Retained Earnings | (1.3b) | (1.3b) | (1.4b) | (1.5b) |

## Total Equity | (3.7m) | (1.0m) | 57.0k | (132.8m) |

## Debt to Equity Ratio | -100.3 x | -512.8 x | 12.1 k x | |

## Debt to Assets Ratio | 0.9 x | 0.9 x | 0.9 x | |

## Financial Leverage | -115.6 x | -568.3 x | 13.1 k x | -4.5 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | (124.7m) | (45.3m) | (62.4m) | (138.2m) |

## Depreciation and Amortization | 76.9m | 75.0m | 90.7m | 85.7m |

## Accounts Receivable | 1.5m | (207.0k) | (1.4m) | 3.3m |

## Accounts Payable | 1.6m | (1.2m) | 1.3m | (3.1m) |

## Cash From Operating Activities | 46.4m | 39.2m | 34.6m | 22.7m |

## Purchases of PP&E | (44.4m) | (35.7m) | (38.3m) | (31.9m) |

## Cash From Investing Activities | (45.6m) | (32.2m) | (174.0m) | (29.3m) |

## Long-term Borrowings | (12.5m) | (359.8m) | (42.6m) | (13.5m) |

## Cash From Financing Activities | (8.1m) | (2.9m) | 142.7m | 645.0k |

## Net Change in Cash | (7.4m) | 4.2m | 3.2m | (6.2m) |

## Interest Paid | 29.6m | 37.7m | 60.3m | 62.7m |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (8.2m) | (27.5m) | (38.4m) | (14.0m) | (27.9m) | (43.0m) | (19.6m) | (38.2m) | (62.0m) |

## Depreciation and Amortization | 17.7m | 36.7m | 57.6m | 21.1m | 43.7m | 67.1m | 22.2m | 44.1m | 65.7m |

## Accounts Receivable | 2.1m | 1.5m | 243.0k | 864.0k | (2.2m) | (5.0m) | (1.6m) | 1.2m | 1.6m |

## Accounts Payable | (2.2m) | 477.0k | (3.5m) | (636.0k) | 6.9m | 9.4m | 763.0k | 3.4m | 756.0k |

## Cash From Operating Activities | 7.3m | 22.1m | 25.4m | 3.5m | 18.9m | 29.2m | 2.3m | 14.1m | 18.7m |

## Purchases of PP&E | (5.8m) | (12.3m) | (23.2m) | (6.1m) | (16.1m) | (27.3m) | (8.1m) | (15.6m) | (23.3m) |

## Cash From Investing Activities | (6.0m) | (12.7m) | (19.8m) | (139.2m) | (149.8m) | (161.8m) | (8.6m) | (16.4m) | (23.9m) |

## Long-term Borrowings | (42.5m) | (337.6m) | (339.5m) | (8.8m) | (14.6m) | (18.2m) | (2.0m) | (9.7m) | (14.3m) |

## Cash From Financing Activities | (2.5m) | (2.3m) | (4.2m) | 137.2m | 131.1m | 129.8m | (3.3m) | (4.9m) | (1.5m) |

## Net Change in Cash | (1.2m) | 7.1m | 1.6m | 1.6m | 136.0k | (2.8m) | (9.6m) | (7.4m) | (6.9m) |

## Interest Paid | 7.3m | 14.9m | 25.9m | 13.0m | 28.5m | 44.3m | 14.3m | 29.9m | 46.5m |

USD | Y, 2019 |
---|---|

## EV/EBIT | -9.9 x |

## EV/CFO | 29.8 x |

## Financial Leverage | -4.5 x |

Internap's Customers was reported to be 10 k in FY, 2018.

FY, 2016 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Jan, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Data Centers | 49 | 46 | 50 | 56 | 57 | 56 | 53 | 53 | 52 | |||

## Points of Presence | 85 | 89 | 97 | 98 | 99 | 102 | 102 | |||||

## Customers | 9 k | 7 k | 10 k | |||||||||

## Data Center Properties, sq. ft. | 951.03 k | 953.13 k | 1.04 m | 1.07 m | 1.10 m | 1.21 m | 1.21 m | 1.21 m | 1.20 m | 1.20 m | ||

## Mechanical and Utility Rooms, sq. ft. | 226.99 k | 226.99 k | 256.19 k | 257.74 k | 262.74 k | 319.11 k | 319.11 k | 319.11 k | 319.11 k | 319.11 k | ||

## Office and Other Space, sq. ft. | 225.30 k | 225.15 k | 250.50 k | 250.52 k | 264.79 k | 312.24 k | 312.24 k | 312.24 k | 312.24 k | 312.24 k | ||

## Data Center Footprint, sq. ft. | 498.73 k | 500.99 k | 534.17 k | 559.21 k | 577.31 k | 573.94 k | 573.94 k | 573.96 k | 571.25 k | 573.26 k | ||

## Data Center Current Raised Floor, sq. ft. | 321.39 k | 323.66 k | 345.79 k | 380 k | 365.91 k | 364.98 k | 367.98 k | 368 k | 366.15 k | 368.39 k | ||

## Data Center Occupied Space, sq. ft. | 191.74 k | 192.27 k | 211.96 k | 232.39 k | 238.76 k | 234.06 k | 236.82 k | 219.46 k | 218.55 k | 220.08 k | ||

## Occupancy Rate | 60% | 59% | 61% | 61% | 65% | 64% | 64% | 60% | 60% | 60% | ||

## Patents Issued | 23 | 23 | 19 | |||||||||

## Patents (US) | 18 | 18 | 16 | |||||||||

## Patents (Foreign) | 5 | 5 | 3 | |||||||||

## Trademarks (US) | 14 | 14 | 19 |