Cyxtera SPAC Presentation Deck
IX Attractive financial profile with meaningful upside
Conservative management plan that does not account for potential upside from capital investments in new market expansions
Long-term financial profile
($ in mm)
Lumen Core
($ in mm)
$679
2019A
Cyxtera
$203
$690
2020 E
$213
2020 E
Total revenue
Adj. EBITDA (2)
$691
2021 E
$220
2021E
$719
2022 E
$245
2019A
Source: Company filings, management estimates
(1) Core revenue excludes Lumen (f.k.a. CenturyLink) contribution; (2) See "Disclaimer - Statement Regarding Non-GAAP Financial Measures" for the definition of Adj. EBITDA
Long-term Core(¹) revenue growth rate
2022 E
-7%
2021E-2025E
Long-term Adj. EBITDA (2) growth rate
~12%
2021E-2025E
Run-Rate Margin
-48%
2025E Adj. EBITDAR margin
-40%
2025E Adj. EBITDA(2) margin
32
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