Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Selling, general and admin19¢$144.3M
- Other costs59¢$437.7M
- Interest22¢$163.3M
- Income tax0¢$700.0K
Out of $746.0M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2022
- Capital spending100¢$131.8M
Out of $97.4M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Revenue | $690.5M3 | $703.7M3 | $746.0M3 | |
| Selling, general and admin | $115.5M3 | $112.8M3 | $144.3M3 | |
| Operating expenses | $818.9M3 | $948.1M3 | ||
| Operating income | $50.4M3 | -$115.2M3 | -$202.1M3 | |
| Interest | $169.4M3 | $164.9M3 | $163.3M3 | |
| Income before tax | -$305.7M3 | -$355.8M3 | ||
| Income tax | $3.5M3 | -$47.8M3 | -$700.0K3 | |
| Net income | -$122.8M3 | -$257.9M3 | -$355.1M3 | |
| Earnings per share | -$1.063 | -$1.943 | -$1.993 | |
| Earnings per share (diluted) | -$1.063 | -$1.943 | -$1.993 | |
| Shares (weighted, basic) | 133.1M shares3 | 178.1M shares3 | ||
| Shares (weighted, diluted) | 133.1M shares3 | 178.1M shares3 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Cash | $72.8K7 | $2.6M7 | $52.4M3 | $65.1M3 |
| Receivables | $18.3M3 | $28.3M3 | ||
| Current assets | $72.8K7 | $313.2M8 | $108.2M3 | $131.5M3 |
| Property, plant and equipment | $1.5B3 | |||
| Goodwill | $761.7M3 | $599.6M3 | ||
| Intangible assets | $519.8M3 | $427.6M3 | ||
| Total assets | $385.2K7 | $3.3B8 | $2.9B3 | $3.1B3 |
| Accounts payable | $57.9M3 | $61.9M3 | ||
| Short-term debt | $11.8M3 | $53.5M3 | ||
| Current liabilities | $361.6K7 | $292.0M8 | $244.2M3 | $373.7M3 |
| Long-term debt | $1.3B8 | $896.5M3 | $853.5M3 | |
| Total liabilities | $361.6K7 | $2.7B8 | $2.3B3 | $2.7B3 |
| Retained earnings | -$1.2B3 | -$1.6B3 | ||
| Shareholders’ equity | $662.2M3 | $557.8M3 | $605.9M3 | $384.3M3 |
| Shares outstanding | 115.7M shares8 | 166.2M shares3 | 179.7M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Cash from operations | $116.6M3 | $25.8M3 | $97.4M3 | |
| Depreciation and amortization | $240.6M3 | $243.0M3 | ||
| Stock-based compensation | $9.5M3 | $22.3M3 | ||
| Capital spending | $83.2M3 | $77.5M3 | $131.8M3 | |
| Free cash flow | $33.4M | -$51.7M | -$34.4M | |
| Cash from investing | $39.6M3 | -$131.8M3 | ||
| Share buybacks | $03 | $97.9M3 | $03 | |
| Cash from financing | -$137.0M3 | $52.2M3 |
Corporate structure
Cyxtera Technologies, Inc. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Cyxtera Technologies, Inc.
- FMR LLC Filed SC 13G/A on Cyxtera Technologies, Inc., latest Feb 9, 2024 (5 filings since Oct 12, 2021)
- Starboard Value LP Filed SC 13D/A on Cyxtera Technologies, Inc., latest Jun 8, 2023 (6 filings since Jan 19, 2022)
- BC Partners Holdings Ltd Filed SC 13D/A on Cyxtera Technologies, Inc., latest May 25, 2023 (3 filings since Feb 2, 2022)
- Empyrean Capital Partners, LP Filed SC 13G/A on Cyxtera Technologies, Inc., latest Feb 14, 2023
- ADAGE CAPITAL PARTNERS GP, L.L.C. Filed SC 13G/A on Cyxtera Technologies, Inc., latest Feb 10, 2022
- INTEGRATED CORE STRATEGIES (US) LLC Filed SC 13G/A on Cyxtera Technologies, Inc., latest Feb 10, 2022
- Cyxtera Technologies, Inc. Coral Gables, Florida
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Cyxtera Technologies, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $2.3B3 Dec 31, 2021 | $2.1B8 Dec 31, 2020 | +6.0% |
| Accumulated depreciation | $731.8M3 Dec 31, 2021 | $554.5M8 Dec 31, 2020 | +32.0% |
| Property and equipment, net | $1.5B3 Dec 31, 2021 | $1.6B8 Dec 31, 2020 | −3.2% |
| Finance-lease assets | $1.1B3 Dec 31, 2022 | ||
| Operating-lease assets (leased space) | $248.0M3 Dec 31, 2022 |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $599.6M3 Dec 31, 2022 | $761.7M3 Dec 31, 2021 | −21.3% |
| Intangible assets, net (excluding goodwill) | $427.6M3 Dec 31, 2022 | $519.8M3 Dec 31, 2021 | −17.7% |
| Indefinite-lived intangibles (excluding goodwill) | $1.3M3 Dec 31, 2022 | $500.0K3 Dec 31, 2021 | +160.0% |
| Finite-lived intangibles, gross | $768.3M3 Dec 31, 2022 | $825.9M3 Dec 31, 2021 | −7.0% |
| Accumulated amortization | $342.0M3 Dec 31, 2022 | $306.6M3 Dec 31, 2021 | +11.5% |
| Finite-lived intangibles, net | $426.3M3 Dec 31, 2022 | $519.3M3 Dec 31, 2021 | −17.9% |
Leadership
Who has led Cyxtera Technologies, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerNelson A. Fonseca Jr. Oct 5, 2021 to Aug 12, 20229
- Chief executive officerMartin D. McNulty Jr. Sep 9, 2020 to Aug 2, 202110
- PresidentNelson A. Fonseca Jr. Oct 5, 2021 to Aug 12, 20229
- Chief financial officerCarlos Ignacio Sagasta Aug 9, 2021 to Aug 12, 202211
- Chief financial officerKenneth R. Marlin Sep 9, 2020 to Sep 9, 202012
- Chief operating officerJames Randolph Rowland Aug 9, 2021 to Aug 12, 202213
Board members and other officers (19)
- Principal Accounting OfficerEdmundo Miranda Aug 9, 2021 to Aug 12, 202214
- OfficerLeo Taddeo Aug 9, 2021 to Oct 5, 202115
- OfficerNelson A. Fonseca Jr. Aug 9, 2021 to Aug 9, 202116
- Board memberFrederick Arnold Apr 28, 2023 to Apr 28, 202317
- Board memberRoger Meltzer Apr 28, 2023 to Apr 28, 202318
- Board memberScott D. Vogel May 22, 2023 to May 22, 202319
- Board memberBenjamin Phillips Nov 16, 2022 to Nov 16, 202220
- Board memberPeter A. Feld Aug 3, 2021 to Jan 25, 202221
- Board memberFahim Ahmed Aug 9, 2021 to Mar 22, 202222
- Board memberGregory L. Waters Aug 9, 2021 to May 22, 202323
- Board memberJohn W. Diercksen Aug 9, 2021 to Oct 4, 202224
- Board memberMelissa Ellen Hathaway Aug 9, 2021 to Oct 4, 202225
- Board memberNelson A. Fonseca Jr. Aug 9, 2021 to Aug 12, 202216
- Board memberRaymond Svider Aug 9, 2021 to Mar 22, 202226
- Board memberLowell W. Robinson Sep 9, 2020 to Aug 2, 202127
- Board memberMartin D. McNulty Jr. Sep 9, 2020 to Aug 2, 202110
- Board memberMichelle Felman Sep 9, 2020 to Oct 4, 202228
- Board memberRobert L. Greene Sep 9, 2020 to Aug 2, 202129
- General counselVictor Semah Aug 9, 2021 to Aug 12, 202230
Former names
- STARBOARD VALUE ACQUISITION CORP.Jun 22, 2020 to Jul 29, 20212
Timeline
- Jan 24, 20248-K Regulation FD disclosure31
- Jan 19, 20248-K Bankruptcy or receivership; Change to shareholders' rights; Executive or director change32
- Dec 26, 20238-K Regulation FD disclosure33
- Nov 22, 20238-K Regulation FD disclosure34
- Nov 2, 20238-K Entered a material agreement; Regulation FD disclosure35
- Oct 24, 20238-K Regulation FD disclosure36
- Sep 22, 20238-K Regulation FD disclosure37
- Aug 22, 20238-K Regulation FD disclosure38
- Jul 24, 20238-K Regulation FD disclosure39
- Jun 9, 20238-K Entered a material agreement; New debt or obligation; Listing notice or transfer40
- Jun 5, 20238-K Bankruptcy or receivership; Debt or obligation accelerated; Regulation FD disclosure41
- May 22, 20238-K Entered a material agreement; Executive or director change42
- Oct 5, 2021New chief executive Nelson A. Fonseca Jr. becomes CEO9
- Sep 9, 2020New chief executive Martin D. McNulty Jr. becomes CEO10
Calendar
When it reported results
- May 5, 2023Reported quarterly or annual results43
- Mar 16, 2023Reported quarterly or annual results44
- Nov 8, 2022Reported quarterly or annual results45
- Aug 11, 2022Reported quarterly or annual results46
- May 12, 2022Reported quarterly or annual results47
- Mar 22, 2022Reported quarterly or annual results48
- Nov 15, 2021Reported quarterly or annual results49
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
176 filings to the SEC since October 2021: 3 annual reports, 5 quarterly reports, 33 major events, 80 insider forms, 17 large holders, 38 other. The latest 20:
- Feb 9, 2024SC 13G/A EDGAR
- Jan 31, 2024EFFECT EDGAR
- Jan 26, 202415-12G EDGAR
- Jan 26, 2024S-8 POS EDGAR
- Jan 26, 2024S-8 POS EDGAR
- Jan 26, 2024POS AM EDGAR
- Jan 24, 20248-K EDGAR
- Jan 19, 20248-K EDGAR
- Dec 26, 20238-K EDGAR
- Nov 22, 20238-K EDGAR
- Nov 2, 20238-K EDGAR
- Oct 24, 20238-K EDGAR
- Sep 22, 20238-K EDGAR
- Aug 22, 20238-K EDGAR
- Jul 24, 20238-K EDGAR
- Jun 12, 2023SC 13G/A EDGAR
- Jun 9, 20238-K EDGAR
- Jun 8, 2023SC 13D/A EDGAR
- Jun 8, 20234 FORM 4 SUBMISSION EDGAR
- Jun 8, 20234 FORM 4 SUBMISSION EDGAR
The 176 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
18 open-market trades by officers, directors and large owners since October 2021: 0 buys and 18 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 6, 2023 | Starboard X Master Fund Ltd10% owner | Sale | 9,000,000 | $0.06 | $540.0K | Form 4 |
| Jun 6, 2023 | Starboard Principal Co LP10% owner | Sale | 9,000,000 | $0.06 | $540.0K | Form 4 |
| Jun 6, 2023 | Smith Jeffrey C10% owner | Sale | 9,000,000 | $0.06 | $540.0K | Form 4 |
| Aug 10, 2022 | Miranda EdmundoPrincipal Accounting Officer | Sale | 1,548 | $11.77 | $18.2K | Form 4 |
| Aug 10, 2022 | Semah VictorChief Legal Officer | Sale | 8,292 | $11.77 | $97.6K | Form 4 |
| Aug 10, 2022 | Sagasta Carlos IgnacioChief Financial Officer | Sale | 19,304 | $11.77 | $227.2K | Form 4 |
| Aug 10, 2022 | Rowland James RandolphChief Operating Officer | Sale | 16,994 | $11.77 | $200.0K | Form 4 |
| Aug 10, 2022 | FONSECA NELSON A. JRPresident & CEO | Sale | 55,294 | $11.77 | $650.8K | Form 4 |
| Aug 9, 2022 | Miranda EdmundoPrincipal Accounting Officer | Sale | 1,295 | $11.89 | $15.4K | Form 4 |
| Aug 9, 2022 | Semah VictorChief Legal Officer | Sale | 6,936 | $11.89 | $82.5K | Form 4 |
| Aug 9, 2022 | Sagasta Carlos IgnacioChief Financial Officer | Sale | 16,146 | $11.89 | $192.0K | Form 4 |
| Aug 9, 2022 | Rowland James RandolphChief Operating Officer | Sale | 14,213 | $11.89 | $169.0K | Form 4 |
| Aug 9, 2022 | FONSECA NELSON A. JRPresident & CEO | Sale | 46,247 | $11.89 | $549.9K | Form 4 |
| Aug 8, 2022 | Miranda EdmundoPrincipal Accounting Officer | Sale | 901 | $12.29 | $11.1K | Form 4 |
| Aug 8, 2022 | Semah VictorChief Legal Officer | Sale | 4,823 | $12.29 | $59.3K | Form 4 |
| Aug 8, 2022 | Sagasta Carlos IgnacioChief Financial Officer | Sale | 11,229 | $12.29 | $138.0K | Form 4 |
| Aug 8, 2022 | Rowland James RandolphChief Operating Officer | Sale | 9,885 | $12.29 | $121.5K | Form 4 |
| Aug 8, 2022 | FONSECA NELSON A. JRPresident & CEO | Sale | 32,163 | $12.29 | $395.3K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- FMR LLCSC 13G/A, 5 filings Oct 12, 2021 to Feb 9, 202450
- Starboard Value LPSC 13D/A, 6 filings Jan 19, 2022 to Jun 8, 202351
- BC Partners Holdings LtdSC 13D/A, 3 filings Feb 2, 2022 to May 25, 202352
- Empyrean Capital Partners, LPSC 13G/A, 1 filing Feb 14, 202353
- ADAGE CAPITAL PARTNERS GP, L.L.C.SC 13G/A, 1 filing Feb 10, 202254
- INTEGRATED CORE STRATEGIES (US) LLCSC 13G/A, 1 filing Feb 10, 202255
SEC filer profile
How Cyxtera Technologies, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCyxtera Technologies, Inc.1
- CIK0001794905
- Employer ID (EIN)84-37430131
- Filer status<br>emerging growth company1
- Fiscal year endsDecember 311
- Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address2333 Ponce De Leon Boulevard, Suite 900, Coral Gables, FL 331341
- Phone305-537-95001
- Shares outstanding180,317,485 as of May 2, 20236
- Public float$414.6M as of Jun 30, 202256
- On EDGAR sinceJun 22, 20201
- Filings312 in all: 4 (93), 8-K (51), 3 (27), 424B3 (19), SC 13G/A (15), CORRESP (11), UPLOAD (11), DEFA14A (10)1
All 38 form types
SC 13D/A (10), 10-Q (8), SC 13G (8), EFFECT (6), PRER14A (4), 10-K (3), 25-NSE (3), S-1 (3), 10-K/A (2), 3/A (2), DRSLTR (2), POS AM (2), S-1/A (2), S-8 (2), S-8 POS (2), SC 13D (2), 15-12G (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DEF 14A (1), DEFM14A (1), DRS (1), DRS/A (1), NT 10-Q (1), PRE 14C (1), PREM14A (1), S-1MEF (1), S-3 (1)
- Latest filingsAnnual report (10-K) Mar 16, 2023
Quarterly report (10-Q) May 5, 2023
Proxy statement (DEF 14A) Apr 26, 2022
Latest 8-K (8-K) Jan 24, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARLeo Taddeo, Officer
- 16SEC EDGARNelson A. Fonseca Jr., Officer
- 17SEC EDGARFrederick Arnold, Board member
- 18SEC EDGARRoger Meltzer, Board member
- 19SEC EDGARScott D. Vogel, Board member
- 20SEC EDGARBenjamin Phillips, Board member
- 21SEC EDGARPeter A. Feld, Board member
- 22SEC EDGARFahim Ahmed, Board member
- 23SEC EDGARGregory L. Waters, Board member
- 24SEC EDGARJohn W. Diercksen, Board member
- 25SEC EDGARMelissa Ellen Hathaway, Board member
- 26SEC EDGARRaymond Svider, Board member
- 27SEC EDGARLowell W. Robinson, Board member
- 28SEC EDGARMichelle Felman, Board member
- 29SEC EDGARRobert L. Greene, Board member
- 30SEC EDGARVictor Semah, General counsel
- 31SEC EDGARRegulation FD disclosure
- 32
- 33SEC EDGARRegulation FD disclosure
- 34SEC EDGARRegulation FD disclosure
- 35
- 36SEC EDGARRegulation FD disclosure
- 37SEC EDGARRegulation FD disclosure
- 38SEC EDGARRegulation FD disclosure
- 39SEC EDGARRegulation FD disclosure
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56