Cyxtera Results Presentation Deck
Q4 and Full-Year 2021 Financial and Business Highlights
Total revenue increased by $5.7 million, or 3.3%, to $178.4 million in the fourth quarter. Full-year total revenue increased
by $13.2 million, or 1.9% year over year, to $703.7 million
Recurring revenue increased by $6.4 million, or 3.9%, to $170.3 million in the fourth quarter. Full-year recurring revenue
increased by $14.1 million, or 2.1% year over year, to $671.5 million
Core revenue increased by $11.6 million, or 7.7%, to $162.5 million in the fourth quarter. Core revenue increased by
$43.8 million, or 7.4% year over year, to $639.2 million
Average monthly Core Churn of 0.6% in the fourth quarter improved by 60 basis points over the same quarter of last
year; average monthly Core churn of 0.8% in 2021 was an improvement of 20 basis points over 2020
Interconnection revenue accounted for 11% of total revenue for full year 2021, and grew 11% year over year
Transaction Adjusted EBITDA increased by $0.8 million, or 1.7%, to $48.0 million in the fourth quarter. Full-year
Transaction Adjusted EBITDA increased by $8.9 million, or 4.1%, year over year, to $224.4 million
Stabilized occupancy of 71.4% at year-end 2021, an increase of 430 basis points from year-end 2020
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