Xtera Communications Financials

Summary - Funding Rounds

Founding Date


Total Funding

$82 m


In total, Xtera Communications had raised $82 m. Xtera Communications is a subsidiary of H.I.G. Capital


Income Statement


USDFY, 2013FY, 2014FY, 2015


31.9 m25 m58.7 m

Revenue growth, %



USDQ1, 2016Q2, 2016Q3, 2016


12.6 m17.1 m5.3 m

Cost of goods sold

12.9 m16 m19.1 m

Gross profit

(319 k)1.1 m(13.8 m)

Gross profit Margin, %


Sales and marketing expense

1.5 m1.5 m1.8 m

R&D expense

2.8 m3.3 m3.4 m

General and administrative expense

1.8 m2.3 m2.8 m

Operating expense total

6.1 m7 m8.1 m


(6.4 m)(6 m)(21.9 m)

EBIT margin, %


Interest expense

405 k357 k715 k

Pre tax profit

(7.2 m)(6.6 m)(23.6 m)

Income tax expense

1 k1 k2 k

Net Income

(7.2 m)(6.6 m)(23.6 m)

Balance Sheet


USDQ1, 2016Q2, 2016Q3, 2016


6.7 m2.6 m614 k

Accounts Receivable

5.6 m12.7 m5.2 m


10.9 m13.1 m11.7 m

Current Assets

40.2 m43.1 m35.2 m


3.3 m3.4 m3.9 m

Total Assets

54.4 m57.1 m49.5 m

Accounts Payable

12.3 m14.2 m25.3 m

Short-term debt

11.3 m14.9 m12.1 m

Current Liabilities

35.1 m43.8 m58.8 m

Total Debt

11.3 m14.9 m12.1 m

Total Liabilities

35.7 m44.5 m59.5 m

Additional Paid-in Capital

410.1 m410.4 m410.4 m

Retained Earnings

(391.9 m)(398.5 m)(422.1 m)

Total Equity

18.7 m12.6 m(10 m)

Financial Leverage

2.9 x4.5 x-5 x

Cash Flow


USDQ1, 2016Q2, 2016Q3, 2016

Net Income

(7.2 m)(13.8 m)(37.5 m)

Depreciation and Amortization

715 k1.5 m2.3 m

Accounts Receivable

1 m(6.1 m)1.4 m


(1.5 m)(4.3 m)(6.7 m)

Accounts Payable

(1.3 m)686 k11.8 m

Cash From Operating Activities

(12.8 m)(20.1 m)(20.1 m)

Purchases of PP&E

(326 k)(907 k)(996 k)

Cash From Investing Activities

(2.9 m)(3.4 m)(3.5 m)

Long-term Borrowings

(11.2 m)(18.4 m)(21.8 m)

Cash From Financing Activities

20.1 m23.7 m20.9 m

Interest Paid

312 k560 k912 k

Income Taxes Paid

1 k2 k2 k
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Operating Metrics

FY, 2015

Patents Issued

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