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Equinix Inc (EQIX)

Equinix Inc (EQIX)
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Equinix, Inc. is a global digital infrastructure company. Equinix combines a global footprint of International Business Exchange or IBX data centers, interconnection solutions and edge services for deploying network. It includes unique business, digital ecosystems, and expert consulting and support. The company has 3 reportable segments comprised of the Americas, Middle East and Africa and Asia-Pacific geographic regions. It has a direct sales force and a channel marketing program. Its business is based on a recurring revenue model comprising colocation, related interconnection and managed IT infrastructure services. These services are considered to be recurring, as customers are billed at fixed rates on a recurring basis through the life of the respective contracts. Non-recurring revenues comprise installation services related to initial deployment and professional services. Also, revenues from customer settlements (fees paid for terminating contracts before expiry) are treated as contract modifications.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 8,748,000 8,188,140 7,263,110 6,635,540 5,998,550
Sales Growth +6.84% +12.74% +9.46% +10.62% +7.85%
Net Income 815,000 969,180 704,350 500,190 369,780
Net Income Growth -15.91% +37.60% +40.82% +35.27% -27.13%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 35,085,000 32,650,721 30,310,740 27,918,699 27,006,840
Total Assets Growth +7.46% +7.72% +8.57% +3.38% +12.69%
Total Liabilities 21,558,000 20,162,221 18,804,910 17,036,930 16,372,720
Total Liabilities Growth +6.92% +7.22% +10.38% +4.06% +8.25%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 3,249,000 3,216,600 2,963,180 2,547,210 2,309,830
Operating Cash Flow Growth +1.01% +8.55% +16.33% +10.28% +15.91%
Net Cash Flow 986,000 188,060 358,790 -76,240 -260,920
Change in Net Cash Flow +424.30% -47.58% +570.61% +70.78% -120.72%
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