Equinix Inc Income Statement - Real Clear Investing - You World of Transparent Investing

Selected Year:

31-Dec
2020

Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers

	2005 31-Dec	2006 31-Dec	2007 31-Dec	2008 31-Dec	2009 31-Dec	2010 31-Dec	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Total Revenue	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	4,368,428	5,071,654	5,562,140	5,998,545	5,998,545	6,256,460

Selected Year:

31-Dec
2020

Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells

82.4%

	2005 31-Dec	2006 31-Dec	2007 31-Dec	2008 31-Dec	2009 31-Dec	2010 31-Dec	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Cost of revenue	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	2,193,149	2,605,475	2,810,184	3,074,340	3,074,340	3,322,940
Sales and marketing	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	581,724	633,702	651,046	718,356	718,356	748,220
General and administrative	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	745,906	826,694	935,018	1,090,981	1,090,981	1,172,576
Gain or loss on sale of assets	45,679	45,679	45,679	-	-	-	-	-	-	45,679	45,679	45,679	-	(6,013)	(44,310)	(1,301)	(1,301)	(1,492)
Impairment	-	-	-	-	-	45,679	45,679	45,679	-	45,679	45,679	45,679	-	-	15,790	7,306	7,306	-
Restructuring	45,679	45,679	45,679	45,679	45,679	45,679	-	45,679	45,679	-	-	-	-	-	-	-	-	-
Acquisition costs	-	-	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	-	-	-	-	-	-
Transaction costs	-	-	-	-	-	-	-	-	-	-	-	-	38,635	34,413	24,781	55,935	55,935	99,792
Total costs and operating expenses	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	3,559,414	4,094,271	4,392,509	4,945,617	4,945,617	5,342,036

Selected Year:

31-Dec
2020

Income after excluding Operating Expenses from Total Revenue

17.6%

Key metric that shows earnings potential of the company's business model

	2005 31-Dec	2006 31-Dec	2007 31-Dec	2008 31-Dec	2009 31-Dec	2010 31-Dec	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Operating income	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$809,014	$977,383	$1,169,631	$1,052,928	$1,052,928	$914,424

Selected Year:

31-Dec
2020

Cost usually unrelated to delivering service or manufacturing a product that business sells

2.3%

	2005 31-Dec	2006 31-Dec	2007 31-Dec	2008 31-Dec	2009 31-Dec	2010 31-Dec	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year:	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Impairment of investments	-	-	45,679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment recovery (loss) on investments	-	-	-	45,679	45,679	45,679	-	-	-	-	-	-	-	-	-	-	-	-
Other expense or income	45,679	45,679	-	-	-	45,679	45,679	45,679	45,679	45,679	45,679	45,679	-	-	-	-	-	-
Other income	-	-	45,679	45,679	45,679	-	-	-	-	-	-	-	9,213	14,044	27,778	6,913	6,913	(10,788)
Loss on early repayment of debt	-	-	-	-	-	-	45,679	45,679	45,679	45,679	45,679	45,679	(65,772)	(51,377)	(52,825)	(145,804)	(145,804)	-
(Gain) loss on early repayment and conversion of debt	45,679	45,679	45,679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on early repayment of debt and interest rate swaps	-	-	-	45,679	45,679	45,679	-	-	-	-	-	-	-	-	-	-	-	-
Total non-operating income (expense)	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	(56,559)	(37,333)	(25,047)	(138,891)	(138,891)	(10,788)

Selected Year:

31-Dec
2020

Income after excluding Operating and Non-operating Expenses from Total Revenue

15.2%

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory

	2005 31-Dec	2006 31-Dec	2007 31-Dec	2008 31-Dec	2009 31-Dec	2010 31-Dec	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
EBIT	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$752,455	$940,050	$1,144,584	$914,037	$914,037	$903,636

Selected Year:

31-Dec
2020

Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure

9.1%

	2005 31-Dec	2006 31-Dec	2007 31-Dec	2008 31-Dec	2009 31-Dec	2010 31-Dec	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Interest expense	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	(478,698)	(521,494)	(479,684)	(406,466)	(406,466)	(363,648)
Interest income	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	13,075	14,482	27,697	8,654	8,654	4,976
Income (loss) before income taxes and cumulative effect of a change in accounting principle Income (loss) before income taxes and cumulative effect of a change in accounting principle	45,679	45,679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes	-	-	45,679	45,679	45,679	-	-	-	45,679	-	-	-	286,832	433,038	692,597	516,225	516,225	368,960
Income (loss) from continuing operations before income taxes Income (loss) from continuing operations before income taxes	-	-	-	-	-	45,679	45,679	45,679	-	45,679	45,679	45,679	-	-	-	-	-	-
Income tax expense or benefit	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	45,679	(53,850)	(67,679)	(185,352)	(146,151)	(146,151)	(165,216)
Income from continuing operations TEST - ODD	-	-	-	-	-	45,679	-	-	-	-	-	-	-	-	-	-	-	-

Selected Year:

31-Dec
2020

Ultimate measure of Income - Net result after excluding all expenses from Total Revenue

6.2%

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders

	2005 31-Dec	2006 31-Dec	2007 31-Dec	2008 31-Dec	2009 31-Dec	2010 31-Dec	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Net income (loss)	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$232,982	$365,359	$507,245	$370,074	$370,074	$203,744
Net income (loss) attributable to non-controlling interests Net income (loss) attributable to non-controlling interests	-	-	-	-	-	-	-	-	-	45,679	-	-	-	-	205	(297)	(297)	232
Net income (loss) attributable to Company	-	-	-	-	45,679	45,679	45,679	45,679	45,679	45,679	-	-	232,982	365,359	507,450	369,777	369,777	203,976
Income from continuing operations	-	-	-	-	-	45,679	45,679	45,679	-	45,679	45,679	45,679	-	-	-	-	-	-
Income from discontinued operations	-	-	-	-	-	45,679	45,679	45,679	-	45,679	45,679	45,679	-	-	-	-	-	-
Net income (loss) attributable to redeemable non-controlling interests Net income (loss) attributable to redeemable non-controlling interests	-	-	-	-	45,679	45,679	45,679	45,679	45,679	-	-	-	-	-	-	-	-	-
Gain (loss) on sale of discontinued operations	-	-	-	-	-	45,679	45,679	45,679	-	-	-	-	-	-	-	-	-	-
Net income (loss) before cumulative effect of a change in accounting principle Net income (loss) before cumulative effect of a change in accounting principle	45,679	45,679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cumulative effect of a change in accounting principle for stock-based compensation Cumulative effect of a change in accounting principle for stock-based compensation	45,679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective

	2005 31-Dec	2006 31-Dec	2008 31-Jan	2009 31-Jan	2010 31-Jan	2011 31-Jan	2012 31-Jan	2013 31-Jan	2014 31-Jan	2015 31-Jan	2016 29-Jan	2017 24-Feb	2018 23-Feb	2019 21-Feb	2020 20-Feb	2021 18-Feb	2021 18-Feb	2021 18-Feb
Common	-	-	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	45,678,795	79,228,072	80,865,431	85,443,883	89,287,863	89,287,863	89,287,863

Selected Year:

31-Dec
2020

Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)

	2005 31-Dec	2006 31-Dec	2007 31-Dec	2008 31-Dec	2009 31-Dec	2010 31-Dec	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Net Income per basic share	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$3.03	$4.58	$6.03	$4.22	$4.22	$2.28
Net Income per diluted share	$45,678,795.00	-	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	$45,678,795.00	-	-	-	$3.00	$4.56	$5.99	$4.18	$4.18	$2.20
Net Income per basic share from continuing operations	-	-	-	-	-	$45,678,795.00	$45,678,795.00	$45,678,795.00	-	$45,678,795.00	$45,678,795.00	$45,678,795.00	-	-	-	-	-	-

Selected Year:

31-Dec
2020

Dividend is fraction of Earnings that is paid out in cash form to investor now; It's important to watch out that dividends don't exceed EPS on continuous basis as it is a sign that management is manipulating investor's perception of value of the company

	2005 31-Dec	2006 31-Dec	2007 31-Dec	2008 31-Dec	2009 31-Dec	2010 31-Dec	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Dividends	-	-	-	-	-	-	-	-	-	-	$45,678,795.00	-	-	-	-	-	-

Equinix Inc

Short Description

Income Statement

Cost of revenue

General and administrative

Sales and marketing

Transaction costs

Impairment

Gain or loss on sale of assets

Operating Income

Other income

Loss on early repayment of debt

EBIT

Interest income

Income tax expense or benefit

Interest expense

Net income (loss)