Cyxtera Technologies, Inc. (CYXT) Financial Statements (2024 and earlier)

Company Profile

Business Address 2333 PONCE DE LEON BOULEVARD, SUITE 900
CORAL GABLES, FL 33134
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   2,557
Cash and cash equivalents   2,557
Receivables28,40018,400 
Prepaid expense22,20019,300224
Contract with customer, asset, after allowance for credit loss15,70017,200 
Other current assets2001,000 
Other undisclosed current assets65,00052,300 
Total current assets:131,500108,2002,781
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization1,130,900  
Operating lease, right-of-use asset248,000  
Property, plant and equipment  1,530,800 
Intangible assets, net (including goodwill)1,027,2001,281,500 
Goodwill599,600761,700 
Intangible assets, net (excluding goodwill)427,600519,800 
Contract with customer, asset, after allowance for credit loss13,800  
Asset, held-in-trust   404,403
Other noncurrent assets18,00016,700 
Other undisclosed noncurrent assets493,900  
Total noncurrent assets:2,931,8002,829,000404,403
TOTAL ASSETS:3,063,3002,937,200407,184
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities143,300123,20012
Accounts payable61,90057,90012
Accrued liabilities81,40065,300 
Deferred revenue95,50060,700 
Debt96,70050,300 
Other liabilities25,30010,000 
Other undisclosed current liabilities12,900 271
Total current liabilities:373,700244,200283
Noncurrent Liabilities
Long-term debt and lease obligation1,932,000896,500 
Long-term debt, excluding current maturities853,500896,500 
Finance lease, liability 1,078,500  
Liabilities, other than long-term debt373,300202,80047,320
Deferred revenue 14,700 
Deferred income tax liabilities26,00029,900 
Other liabilities75,300158,200 
Operating lease, liability272,000  
Derivative instruments and hedges, liabilities   47,320
Other undisclosed noncurrent liabilities 987,80018,441
Total noncurrent liabilities:2,305,3002,087,10065,761
Total liabilities:2,679,0002,331,30066,044
Temporary equity, carrying amount   336,140
Equity
Equity, attributable to parent, including:384,300605,9005,000
Additional paid in capital1,968,0001,816,50032,089
Accumulated other comprehensive income (loss)(7,200)10,800 
Accumulated deficit(1,576,500)(1,221,400)(27,091)
Other undisclosed equity, attributable to parent   2
Total equity:384,300605,9005,000
TOTAL LIABILITIES AND EQUITY:3,063,3002,937,200407,184

Income Statement (P&L) ($ in thousands)

3/31/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Revenues746,000703,700 
Cost of revenue(407,200)(395,700) 
Cost of goods and services sold(402,000)(390,500) 
Gross profit:338,800308,000 
Operating expenses(540,900)(423,200)(138)
Other undisclosed operating loss   (236)
Operating loss:(202,100)(115,200)(374)
Nonoperating expense(2,200)(100)(26,715)
Other nonoperating expense(2,200)  
Interest and debt expense(163,300)(164,900) 
Loss from continuing operations before equity method investments, income taxes:(367,600)(280,200)(27,089)
Other undisclosed income (loss) from continuing operations before income taxes 11,800(25,500) 
Loss from continuing operations before income taxes:(355,800)(305,700)(27,089)
Income tax benefit70047,800 
Loss from continuing operations:(355,100)(257,900)(27,089)
Loss before gain (loss) on sale of properties:(257,900)(27,089)
Net loss available to common stockholders, diluted:(355,100)(257,900)(27,089)

Comprehensive Income ($ in thousands)

3/31/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Net loss:(355,100)(257,900)(27,089)
Comprehensive loss:(355,100)(257,900)(27,089)
Other undisclosed comprehensive loss, net of tax, attributable to parent(18,000)(5,900) 
Comprehensive loss, net of tax, attributable to parent:(373,100)(263,800)(27,089)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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