Cyxtera Results Presentation Deck

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#1Cyxtera 2Q 2021 Earnings Supplemental Data August 17, 2021 Cyxtera#2Disclaimer This presentation includes "forward-looking statements" within the meaning of the federal securities laws. Any statement that is not a statement of historical fact is a forward looking statement. Forward-looking statements generally are identified by words such as "expects," "will," "projected," "continue," "increase," and/or similar expressions that concern Cyxtera's strategy, plans or intentions, but the absence of these words does not mean that a statement is not forward-looking. The forward- looking statements contained in this presentation are subject to a number of risks and uncertainties that could cause actual results and conditions to differ materially from those indicated in the forward-looking statements, including, but not limited to, the effects of the COVID-19 pandemic on Cyxtera's business or future results; the ability to access external sources of capital on favorable terms or at all, which could limit Cyxtera's ability to execute its business and growth strategies; the ability to compete successfully against current and future competitors; Cyxtera's fluctuating operating results; Cyxtera's ability to continue to develop, acquire, market and provide new offerings or enhancements to existing offerings that meet customer requirements and differentiate it from its competitors; the requirements of being a public company, including maintaining adequate internal control over financial and management systems; Cyxtera's ability to lease available space to existing or new customers, which could be constrained by its ability to provide sufficient electrical power; Cyxtera's ability to manage its growth; volatility of the market price of Cyxtera's Class A common stock; and Cyxtera's ability to use its United States federal and state net operating losses to offset future United States federal and applicable state taxable income may be subject to certain limitations which could accelerate or permanently increase taxes owed. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of the definitive proxy statement related to the business combination filed by Starboard Value Acquisition Corp. and other documents filed by Cyxtera from time to time with the SEC. There may be additional risks that Cyxtera does not presently know or that it currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Cyxtera's expectations, plans or forecasts of future events and views as of the date of this presentation. Accordingly, you should not place undue reliance upon any such forward-looking statements in this presentation. Neither Cyxtera nor any of its affiliates assume any obligation to update this presentation, except as required by law. This presentation also contains estimates and other statistical data made by independent parties and by Cyxtera relating to market size and growth and other data about Cyxtera's industry and estimated total addressable market. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. Neither Cyxtera nor any other person makes any representation as to the accuracy or completeness of such data or undertakes any obligation to update such data after the date of this presentation. This presentation contains certain financial measures that are not calculated pursuant to U.S. generally accepted accounting principles ("GAAP"). These non-GAAP financial measures are in addition to, and not as a substitute for or superior to measures of financial performance prepared in accordance with GAAP. There are a number of limitations related to the use of these non-GAAP financial measures versus their nearest GAAP equivalents. For example, other companies may calculate non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. Reference the Appendix for a reconciliation of non-GAAP financial measures to the nearest GAAP measure. Cyxtera 2#3Presenters Cyxtera Nelson Fonseca - Chief Executive Officer Carlos Sagasta - Chief Financial Officer 3#4Summary Q2 2021 Financial and Business Highlights Core bookings increasing by approximately 54% over the same quarter last year Recurring revenue increased by $2.2 million or 1.3% year-over-year to $167.3 million I ▪ Core revenue increased by $10.6 million or 7.1% year-over-year to $159.4 million ▪ Transaction Adjusted EBITDA increased by $3.2 million or 5.4% year-over-year, to $62.3 million Average monthly core churn of 0.9% for Q2 2021 improved over the same quarter of last year Successfully extended the majority of the Company's Revolving Credit Facility to November 2023 Secured a new 9-MW facility in Silicon Valley and announced capacity expansions in existing Silicon Valley and Chicago facilities ■ ■ I I ■ Cyxtera#5Cyxtera: The Global Data Center Platform Global scale footprint of 61 data centers, in 28 markets, with a presence in each of the Top 10 most attractive markets (1) Operations across North America, Europe, and Asia 2,300+ customers (3) across all major industry verticals Focused on retail colocation and associated interconnection service High growth digital exchange technology connects enterprises with leading service providers in a deeply interconnected ecosystem Bare metal offering provides the financial and operational flexibility of cloud with the control, performance and security of enterprise-grade dedicated infrastructure Proven management team which successfully built and ran Terremark, a pioneer in the colocation industry, and generated significant shareholder value through the sale to Verizon. Cyxtera Note: Several cities comprised of multiple markets: London (3), Chicago (2), New Jersey (2), Los Angeles (2) (1) DataCenters.com "What Are the Top Data Center Markets in the World?"; (2) See Appendix for the definition of Adj. EBITDA; (3) As of 12/31/2020. Key Stats $691mm '21E Revenue 61 Data Centers 29% Customers deployed in more than one data center 2,300+ Customers (3) 100% Long-Term Commitment to Carbon Neutrality da (ⒸX) $220mm '21E Adj. EBITDA (2) 10/10 Presence in Top Global Data Center Markets (3) 91% Revenue from large established enterprises 40,000+ Cross Connects 22 Energy Star Certified Sites 5#6Strong Secular Tailwinds Led by Enterprise Digital Transformation $288BN Big Data & Analytics Market by 2022 (1) IT outsourcing boom (% Outsourced Data Center Capacity) (6) 29% 2019A Cyxtera +20% 49% 2024E $1.1T+ Global loT Spend by 2024 (2) Surging data usage (Global IP Traffic, Exabytes per Month) (7) 201 2019A CAGR: 25% 396 2022E $1.3T+ Digital Transformation Cumulative 2020-23 Spend (3) Explosion of cloud (Cloud Spend, $BN) (8) $233 2019A +15% $13T Al Contribution to Global Economy by 2030 (4) $268 2022E Massive hybrid growth (Hybrid Cloud Spend, $BN) (8) $13.2T Annual Contribution to Global Economy by 2035 (5) from 5G Buildout CAGR: 39% $18 2019A $86 2025E Source: (1) IDC.com "IDC Worldwide Big Data and Analytics Spending Guide, August (V2 2020) Forecast" (August 2020); (2) IDC.com "IDC's Worldwide Semiannual Internet of Things Spending Guide, December (V2 2020) Forecast" (Dec 2020); (3) IDC.com "New IDCSpending Guide Shows Continued Growth for Digital Transformation in 2020, Despite the Challenges Presented by the COVID-19 Pandemic" (May 2020); (4) McKinsey Navigating a world of Disruption (Jan 2019); (5) IHS Markit The 5G Economy (Nov 2019); (6) Worldwide Data center Installation Census and Construction Forecast, 2020-2024 (7) Cisco Visual Networking Index: Forecast and Methodology, 2017-2022; (8) Citi "Where The Mountains Touch The Clouds," 2018 6#7APJ Diverse Global Presence Cyxtera Singapore Tokyo ■ Global leader in colocation and interconnection services Expansive portfolio of data centers built and operated to meet and exceed industry standards ▪ Robust infrastructure design and experienced operational team that leads to best-in-class availability ■ Customer-focused approach to global service delivery ■ NORTH AMERICA Los Angeles (1) DataCenters.com "What Are the Top Data Center Markets in the World?" Vancouver Seattle Silicon Valley Denver Albuquerque Phoenix Minneapolis Chicago Columbus Dallas Toronto Atlanta Montréal Tampa Boston NY/NJ Northern Virginia ΕΜΕΑ 28 61 Markets Data Centers 99.999% Availability 3+ years O London. 10/10 most attractive global data center markets (1) Amsterdam 245 Megawatts Frankfurt 7#8Interconnection Strength Third largest interconnection service provider globally (¹) Offering low-latency, direct connections to all major cloud providers, most within 3ms Access to a densely-connected global ecosystem of network and technology service providers. Robust interconnection portfolio with on-demand connectivity allows customers to rapidly adjust to changes in business needs Dark Fiber On-Premise Cyxtera NSPs '60 ooo SD-WAN € Cloud On-Ramps (1) Based on number of total interconnects as reported by public peers. Edge XaaS Number of Networks Average Network Providers Available per Site Unique Network Service Providers Percent of data center footprint within 3ms of latency to public cloud on-ramps Interconnection Growth (Interconnection Revenue as % of Total Revenue) Initial 467 1,000+ 8 17 106 240+ 10% Current 94% 89% 89% AWS Azure GCP 2019A 500 bps 12% 2022E 15% 2025E 8#9Built Next Generation Colocation →→Why This Matters Dynamic ecosystems of service providers Colocation at the speed of cloud Single-pane-of-glass across all environments Digital Exchange Software-programmable and massively scalable network fabric ● ● ● On demand ecosystem of NSPs, cloud on- ramps and technology service providers Enable east-west connections between enterprises and service providers |||||| ||||||| Cyxtera Services Colocation P Service Providers Cloud On-Ramps & NSPS Enterprise Bare Metal Cyxtera Note: East-West connections connote establishing connections between parties within the same Data Center. Bare Metal Provide the financial and operational flexibility of cloud with the control, performance and security of enterprise- grade dedicated infrastructure ● ● Integrate seamlessly with existing colocation environments Point and click provisioning via web- based interface or APIs 111 ||| = ||| ||| ||| ||| ● . 。 . . • . • ● . . . Cyxtera Production-Ready Infrastructure |-- I Self-Service Portal Web portal and API-based access ● • Programmatic control over environments. • Seamless integration with customers' existing tools Remote management, monitoring, and optimization End-to-end automation of orders and service requests ● ● API IT Infrastructure Lea Data Center Environments#10Cyxtera Marketplace Enabling partners to deliver their solutions via the digital exchange → On-Demand Access to Interconnected Colocation Stack - Plug In, Deliver Leverage platform to extend sales through new routes to market Reach a Ready-to-Buy Audience of 2,300+ Customers Built-In Marketplace & Marketing Tools Access to FedRAMP-architected platform and Federal Customers More efficient deployment model for Partners Cyxtera Public Cloud Environments. NO Partner Technology Cloud On-Ramps 61 Data Centers Digital Exchange-Connected Environment 240+ Network Service Providers 2,300+ Customer access via Marketplace 10#11Substantial Organic Growth with Inorganic Upside Organic Plan Revenue Growth & EBITDA Expansion 1 Capitalize on In-Place Capacity 68% Current Occupancy Cyxtera ||||||| Additional Capacity in Key Markets as Needed 2 Expand Existing Footprint London / Singapore / Chicago Silicon Valley (1) Based on 65 strategic colocation deals since 2012. HA Incremental Revenue per Customer 3 Cross-Sellon Global Platform Multi-market, Interconnection, Digital Exchange and Bare Metal Multiple Value-Creation Levers Inorganic Opportunities 4 Geographic Expansion Europe, Asia, and Latin America //// 5 Strategic M & A $59BN of strategic M&A in sector since 2012 (1) RI 11#12Continued Sales Momentum Bookings Growth (1) (LTM $ in Millions) Cyxtera $58.8 4Q19A (1) Represents annual recurring revenue; $61.2 1Q20A $66.0 2Q20A $72.0 3Q20A 4Q19A vs. 2Q21A: +78% $82.8 4Q20A $91.2 1Q21A $104.5 2Q21A 12#13Available Capacity In Key Markets Strategic data center footprint focused on top 10 most attractive global data center markets (1) Ample sellable capacity to meet current revenue growth targets requiring limited expansion capital Targeted expansion plans for top 10 data center markets(¹) once occupancy approached -75% Markets targeted for near-term expansions - Singapore, Silicon Valley, London and Chicago Expansion outside Top 10 markets (1) are evaluated based on customer demand and commitments Cyxtera (1) DataCenters.com "What Are the Top Data Center Markets in the World?"; (2) Cyxtera data as of May 1, 2021. Top 10 Markets (1). (2) Market New Jersey Northern Virginia Dallas Los Angeles Chicago Seattle Silicon Valley London Phoenix Denver Atlanta Toronto Amsterdam Columbus Albuquerque Boston Frankfurt Tampa Montreal Singapore Minneapolis Vancouver Tokyo Total # of DCs 5 6 2 3 4 3 8 52 3 2 2 1 1 1 2 2 1 3 2 1 61 Available SF (000s) 115 74 71 52 51 39 36 24 22 23 22 13 12 8 7 4 5 4 2 2 0 1 1 590 Occupancy 58% 65% 41% 59% 73% 63% 85% 81% 66% 64% 51% 80% 5% 60% 42% 91% 48% 78% 60% 96% 98% 88% 85% 68% 13#14Increasing Occupancy Drives Significant EBITDA Growth 2020 Occupancy Bridge 66.4% Jan 2020 +3.4% Existing Markets -0.4% New Markets -2.3% Lumen Cyxtera (1) Assumes fixed revenue per sq. ft. and 70% EBITDA margin on incremental revenue. 67.1% Dec 2020 Growing Occupancy Creates Substantial Value (1¹) ($ in Millions) 2020 Occupancy $220 67% 26% EBITDA Uplift $57 $220 75% 2021E Adj. EBITDA EBITDA Uplift from Occupancy Increase 54% EBITDA Uplift Occupancy $118 $220 80% 77% EBITDA Uplift $170 $220 85% 14#15Financial Overview#162Q 2021 Financial Highlights Revenue ($ in Millions) $173.2 $165.1 2Q20 Cyxtera $172.0 $163.5 3Q20 Non-Recurring $172.7 $163.9 4Q20 Consecutive quarters of core recurring and total revenue growth Recurring $172.9 $164.7 1Q21 3 $175.4 $167.3 2Q21 Transaction Adjusted EBITDA ($ in Millions) $59.1 2Q20 $54.6 3Q20 $47.2 4Q20 YOY growth in transaction adjusted EBITDA $49.6 1Q21 5.4% $62.3 2Q21#172Q 2021 Results Core Revenue increased by $10.6M or 7.1% YoY to $159.4M Transaction Adjusted EBITDA increased by $3.2 million or 5.4% year- over-year, to $62.3 million, principally due to higher revenue and improvements in cost of revenue Cyxtera (1) Earnings Before Interest, Taxes, Depreciation, Amortization & Rent; (2) Presented on an accrual/committed basis ($ in Millions) Recurring Revenue Non-Recurring Revenue Total Revenue Cost of Revenue As a % of Revenue Gross Profit % Margin Total SG&A As a % of Revenue EBITDA % Margin Transaction Adjustments Transaction Adjusted EBITDA(1) % Margin Rent (net of adjustments) Transaction Adjusted EBITDAR(1) % Margin Capital Expenditures (²) As a % of Revenue 2Q21 $167.3 8.1 $175.4 $153.8 87.7% $21.6 12.3% $23.5 13.4% ($1.9) (1.1%) $64.3 $62.3 35.5% $15.7 $78.0 44.5% $13.7 7.7% 2Q20 $165.1 8.1 $173.2 $94.1 54.3% $79.1 45.7% $27.9 16.1% $51.2 29.6% $8.0 $59.1 34.1% $17.5 $76.6 44.2% $14.0 8.1% Yo Y Change 1.3% 0.0% 1.3% 63.4% 3,339 bps (72.7%) (3,339 bps) (15.9%) (273 bps) (103.8%) (3,066 bps) 5.4% 139 bps 1.7% 22 bps (2.9%) (33 bps) 17#182Q YTD 2021 Results Core Revenue increased by $19.8M or 6.7% YoY to $315.6M Transaction Adjusted EBITDA increased by $4.6 million or 4.0% year- over-year, to $118.4 million, principally due to higher revenue and improvements in cost of SG&A Cyxtera (1) Earnings Before Interest, Taxes, Depreciation, Amortization & Rent; (2) Presented on an accrual/committed basis ($ in Millions) Recurring Revenue Non-Recurring Revenue Total Revenue Cost of Revenue As a % of Revenue Gross Profit % Margin Total SG&A As a % of Revenue EBITDA % Margin Transaction Adjustments Transaction Adjusted EBITDA (1) % Margin Rent (net of adjustments) Transaction Adjusted EBITDAR(1) % Margin Capital Expenditures (²) As a % of Revenue 2Q21 YTD $331.9 16.3 $348.2 $252.2 72.4% $96.1 27.6% $59.2 17.0% $36.9 10.6% $81.4 $118.4 34.0% $31.0 $149.3 42.9% $27.0 7.8% 2Q20 YTD $330.0 15.7 $345.7 $190.0 55.0% $155.7 45.0% $65.7 19.0% $90.0 26.0% $23.8 $113.8 32.9% $35.4 $149.2 43.2% $25.7 7.4% YOY Change 0.6% 3.7% 0.7% 32.7% 1,746 bps (38.3%) (1,746 bps) (9.9%) (201 bps) (59.0%) (1,540 bps) 4.0% 106 bps 0.1% (27 bps) 4.2% 26 bps 18#19Core Bookings & Churn Annual Bookings ($ in Millions) Cyxtera $20.0 2Q20 $20.3 3Q20 +54% YoY $21.9 4Q20 $27.1 1Q21 $30.9 Increased Core Bookings propelled by enhanced customer engagement and channel partner activity 2Q21 2Q21 annualized Core Bookings of $30.9M (vs. $20.0M prior year) Note: 2021 Lumen-as-a-Customer annualized Bookings were $2.9M, while Churn as a % of MRR was 0.0%. Core Churn (Core Churn % of Average Core MRR) 1.0% 2Q20 0.9% 3Q20 1.2% 4Q20 LTM Average monthly core churn, % of Core MRR 1.0% 1Q21 0.9% Core churn represents churn excluding the impact of Lumen 2Q21 Average monthly core churn of 0.9% for Q2 2021 improved over the same quarter of last year 1.0% 19#20Revenue Bridge: 2Q 2020 to 2Q 2021 ($ in Millions) Cyxtera $173.2 +$10.2 Q2 2020 +$0.5 Core Recurring Revenue -$8.4 Core Non-Recurring Revenue Growth in revenue is mainly due to increased core net installations which were partially offset by lower Lumen revenue -+$0.1 Lumen Net Revenue FIX & Reserves $175.4 Q2 2021 20#21Exit MRR Bridge: YE2020 to 2Q 2021 ($ in Millions) $52.9 FYE2020 Cyxtera +$3.6 Core MRR Increase +$0.5MM Core Installations -$3.1 Core Disconnects -$0.6 Lumen Net Disconnects $52.9 2Q2021 Core MRR increased by $0.5MM or 1.1% to $48.0MM primarily due to net installations Total MRR is flat due to an increase in the Core business partially offset by ($0.6MM) decrease in Lumen 21#22Cost of Revenue Bridge: 2Q 2020 to 2Q 2021 ($ in Millions) Cyxtera $94.1 02 2020 -$1.9 Rent, CAM, & Other -$3.2 Personnel Cost +$1.8 Repair & Maintenance -$2.6 Installation Costs +$5.2 Utilities +$0.0 Other Expenses +$60.4 $93.5 μl 02 2021 Excl Moses Lake Moses Lake $153.8 Year-over-year increase in cost of revenue is the result of Moses Lake data center closure, higher Utilities, and Repair & Maintenance which were offset by lower Personnel, Installation costs and Rent, CAM & Other 02 2021#23Transaction Adjusted EBITDA Bridge: 2Q 2020 to 2Q 2021 ($ in Millions) $59.1 Cyxtera 2Q2020 +$1.8 Change in Revenue (2) +$0.6 Change in Cost of Revenue (2) +$4.4 Change in SG&A -$3.7 (1) Includes pro forma EBITDA adjustments related to one-time stand-up costs, recurring expenses, restructuring & cost-savings initiatives, as well as product development & start-up costs. Excludes impact of Moses Lake (2) Change in Adjustments (1)(2) $62.3 Transaction Adjusted EBITDA increased as a result of higher revenue, lower SG&A Costs partially offset by higher cost of revenue expenses 202021 23#24Capital Expenditures 2Q 2021 CapEx (1) (2) ($ in Millions) 5.4% $9.5 Expansion 2Q 2020 CapEx (1) (2) 4.5% $7.8 Expansion Cyxtera 1.9% $3.3 Maintenance 2.2% $3.8 Maintenance ■ $-Amount % of Revenue 0.6% $1.0 Corporate 1.4% 7.8% $2.4 Corporate $13.7 Total $-Amount % of Revenue 8.1% $14.0 Total 2Q YTD 2021 CapEx (1) (2) ($ in Millions) 5.8% $20.1 Expansion 4.2% 2Q YTD 2020 CapEx (1) (2) $14.6 1.6% Expansion $5.4 Maintenance 2.3% $7.9 Maintenance 0.4% $1.4 Corporate (1) CapEx figures presented on an accrual, which is a more accurate capital allocation measure than cash CapEx, which is subject to fluctuations from differences in timing of when projects are delivered and billed to the Company; (2) Cash CapEx was $15.2MM and $20.1MM in 2Q21 and 2Q20, respectively and was $28.1MM and $46.6MM in 2Q21 YTD and 2Q20 YTD respectively. $-Amount ■$-Amount 0.9% $3.3 Corporate % of Revenue 7.8% $27.0 Total % of Revenue 7.4% $25.7 Total 24#25Pro Forma Capitalization ($ in Millions) Cash and Cash Equivalents Revolver (Maturing 11/2023) 1st Lien Debt (Maturing 5/2024) 2nd Lien Debt (Maturing 5/2025) Capital Leases Total Debt Net Debt (1) Less: Optional renewal portion of Capital Leases Contractual Net Debt (Excl. Optional Capital Leases) Less: Contractually obligated Capital Leases Less: Equipment Leases Financial Net Debt (Excl. All Capital Leases) Key Credit Metrics TTM 2021A Transaction Adj. EBITDA / Net Leverage (4) TTM 2Q21A Transaction Adj. EBITDA/ Contractual Net Leverage" TTM 2Q21A Transaction Adj. EBITDAR / Lease Adjusted Leverage TTM 2Q21A Transaction Adj. EBITDA / Financial Net Leverage Total Liquidity Cyxtera (5) (6) Rate L + 300 bps L + 300 bps (2) L + 725 bps Metric 220 220 288 220 Reported 6/30/2021 $60 123 871 (3) 305 964 $2,262 2,203 (145) 2,058 (778) (41) 1,239 10.0X 9.3 (3) 7.5 5.6 Pro Forma Adjustments $7 (123) (305) ($428) Pro Forma 6/30/2021 $67 871 964 $1,835 1,768 (145) 1,624 (778) (41) 805 8.ox 7.4 6.2 3.7 $60 $190 (1) Net Debt is equal to total debt minus cash and cash equivalents; First Lien Net Leverage includes the Revolver and First Lien Term Loan only; (2) Incremental $100m First Lien Term Loan Interest rate of L+ 400 bps; (3) Debt balances are based on GAAP reporting and are shown gross of unam ortized issuance costs; (4) Net leverage is calculated by dividing net debt by LTM Q2 2021A Transaction Adj. EBITDA; (5) Contractual Net Leverage is calculated by dividing Contractual Net Debt (which includes the GAAP calculation of Capital Lease obligations, adjusted to exclude obligations attributable to the term of any future lease extension option exercisable at the Company's discretion) by LTM Q2 2021A Transaction Adj. EBITDA; (6) Lease Adjusted Leverage calculated as financial net debt and secured capital leases + 5x real estate lease payments (5x methodology based on Moody's Communications Infrastructure sector lease capitalization multiple); (7) Financial Net Leverage is calculated by dividing Financial Net Debt (Net Debt, adjusted to exclude all Capital Lease obligations) by LTM Q2 2021A Transaction Adj. EBITDA. 25#262021 Financial Guidance Cyxtera ($ in Millions) Revenue Adjusted EBITDA Maintenance Capital Expenditures (2) (3) Expansion Capital Expenditures (2) (1) Mid-point consistent with prior guidance. (2) Presented on a committed basis.. (3) Includes Corporate CapEx, which will range between $3.4MM and $3.5MM during 2021E. 2021E (1) $681 $702 $217 - $223 $25 $26 -3.7% $65 - $80 2020A $690.5 $215.6 $21.1 3.1% $33.6 26#27Appendix#28Reconciliation of GAAP to Non-GAAP Results Three Months Ended June 30, 2021 Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 Net Loss to EBITDA Reconciliation: Net loss Depreciation and amortization Interest and other expenses, net Income tax (benefit) expense EBITDA Transaction Adjustments Equity-based compensation Straight-line rent adjustment Amortization of Favorable / Unfavorable Leasehold Interest. & ARO accretio Stand-up, separation & other Restructuring costs & other Impairment of note and other receivables from affiliate Total Adjustments Transaction Adjusted EBITDA Note: numbers may not foot or cross-foot due to rounding Cyxtera $ $ (93.0) 60.5 43.5 (12.9) (1.9) 1.8 0.7 0.9 0.3 60.6 64.3 62.3 $ $ (55.5) $ 57.9 42.5 6.3 51.2 1.9 0.8 0.9 0.9 1.4 2.1 8.0 Six Months Ended June 30, 2021 59.1 $ (145.6) 121.1 87.2 (25.8) 36.9 3.6 1.9 1.7 3.4 70.9 81.4 118.4 $ $ (102.9) 114.9 86.1 (8.1) 90.0 3.9 1.5 1.8 3.7 4.0 8.8 23.8 113.8#29Cyxtera ©2021 Cyxtera Technologies, Inc. All Rights Reserved. The Cyxtera logo and certain product names are the property of Cyxtera. All other marks are the property of their respective owners.

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