terremark worldwide, inc. - sec.gov | home fy2006 summary revenue: $18.9 million, up 35%...
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-----BEGIN PRIVACY-ENHANCED MESSAGE-----Proc-Type: 2001,MIC-CLEAROriginator-Name: [email protected]: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQABMIC-Info: RSA-MD5,RSA, B1GrwKxyzKSnBT0Bal8VPm7CVvCBkPGUeYhyKI7SVjnL986G/j7PwSAffzeXQJUM IJ87SCvo4ZrAZWsbQtPoew==
0000950144-06-001101.txt : 200602130000950144-06-001101.hdr.sgml : 2006021320060213145655ACCESSION NUMBER:0000950144-06-001101CONFORMED SUBMISSION TYPE:8-KPUBLIC DOCUMENT COUNT:19CONFORMED PERIOD OF REPORT:20060213ITEM INFORMATION:Regulation FD DisclosureITEM INFORMATION:Financial Statements and ExhibitsFILED AS OF DATE:20060213DATE AS OF CHANGE:20060213
FILER:
COMPANY DATA:COMPANY CONFORMED NAME:TERREMARK WORLDWIDE INCCENTRAL INDEX KEY:0000912890STANDARD INDUSTRIAL CLASSIFICATION:TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]IRS NUMBER:521989122STATE OF INCORPORATION:DEFISCAL YEAR END:0331
FILING VALUES:FORM TYPE:8-KSEC ACT:1934 ActSEC FILE NUMBER:001-12475FILM NUMBER:06602938
BUSINESS ADDRESS:STREET 1:2601 SOUTH BAYSHORE DRIVECITY:MIAMISTATE:FLZIP:33133BUSINESS PHONE:2123199160
MAIL ADDRESS:STREET 1:2601 SOUTH BAYSHORE DRIVECITY:MIAMISTATE:FLZIP:33133
FORMER COMPANY:FORMER CONFORMED NAME:AMTEC INCDATE OF NAME CHANGE:19970715
FORMER COMPANY:FORMER CONFORMED NAME:AVIC GROUP INTERNATIONAL INC/DATE OF NAME CHANGE:19950323
FORMER COMPANY:FORMER CONFORMED NAME:YAAK RIVER MINES LTDDATE OF NAME CHANGE:19931001
8-K1g99594e8vk.htmTERREMARK WORLDWIDE, INC.
Terremark Worldwide, Inc.
SECURITIES AND EXCHANGE COMMISSION
Delaware
1-12475
84-0873124
(State or Other
Jurisdiction of
Incorporation)
(Commission File
Number)
(IRS Employer
Identification No.)
Miami, Florida 33133
o Written communications pursuant to Rule425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR240.14d-2(b))
o Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR240.13e-4(c))
Exhibit No. Description
99.1
2
TERREMARK WORLDWIDE, INC.
Date: February 13, 2006 By: /s/ Jose A. Segrera
Name: Jose A. Segrera
Title: Executive Vice President andChief Financial Officer
3
EX-99.12g99594exv99w1.htmPRESENTATION
Presentation
Third Quarter 2006 Earnings Call
Safe Harbor Clause
The following statement is made pursuant to the Safe Harbor for forward-looking statementsdescribed in the Private Securities Litigation Reform Act of 1995. In these communications, we maymake certain statements that are forward-looking, such as statements regarding Terremark's futureresults and plans, and anticipated trends in the industry and economies in which Terremark operates.These forward-looking statements are the Company's expectations on the day of the initial broadcastof the 3rd quarter conference call, and the Company will make no efforts to update theseexpectations based on subsequent events or knowledge. These forward-looking statements arebased on Terremark's current expectations and are subject to a number of risks, uncertainties, andassumptions, including that our revenue may differ from that projected; that we may be furtherimpacted by slowdowns, postponements, or cancellations in our clients' businesses, or deteriorationin our clients financial condition; that our targeted service markets may not expand as we expect;that we may experience delays in the awarding of customer contracts; that our reserves andallowances may be inadequate, or the carrying value of our assets may be impaired; that we mayexperience increased costs associated with realigning our business, or may be unsuccessful in thoseefforts and any of the other risks in our Annual Report on Form 10K. Should one or more of theserisks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual resultsmay differ significantly from the results expressed or implied in any forward-looking statementsmade by the Company in these communications. These and other risks, uncertainties, andassumptions are detailed in documents filed by the Company with the Securities and ExchangeCommission. Terremark does not undertake any obligation to revise these forward-lookingstatements to reflect future events or circumstances.
Q3 FY2006 Summary
Revenue: $18.9 million, up 35% sequentially
EBITDA: $1.8 million, up from a loss of $0.3 million in prior quarterand a loss of $1.8 million in year-ago quarter
New Customers: 58
Total customers increased to 444
Total Bookings: $18.6M, up from $12.8M in prior quarter
Record level of bookings
$11.6 million of bookings came from new customers
Cross Connects: 3,724, up 17% sequentially and 92% YoY
Revenue per square foot: $1,835, up from $1,534 in prior quarterand $1,344 year-ago quarter
Non-Financial Highlights
Signed multi-year contract with Bank United, largest independentlyowned bank headquartered in Florida.
Signed multi-year contract with Facebook to house their mission-critical infrastructure.
Launched Secure Information Services Group
SIS Group to provide a suite of managed services to customers incritical and rapidly evolving security sector.
Hosted Post Wilma Business Continuity / Disaster Recovery bankingseminar
Over 100 attendees
Customers
New Customers Added During the Quarter
Avisena
Bank United
The Related Group
Funtigo
Shutterfly
Streicher Mobile Fueling
Upsells to Existing Customers
US Federal Government
Broadstar
Hollywood Media
Revenue
Total Revenue Q1 Q2 Q3 FY 2005 7.9 8.22 18.56 FY 2006 10.67 13.96 18.88
$ in millions
*
* Includes $9.4 million in non-recurringtechnology infrastructure build-outs
Q306 Revenue Breakdown
Commercial and FederalGovernment Revenue
$ in millions
Revenue Breakdown by Service Colocation Managed Services Exchange Point Services Q306 0.41 0.5 0.09
Colocation Managed Services Exchange Point Services Q306 0.48 0.42 0.1
Q206
Q306
Data Center Revenue by Service Type
Operational Metrics
Operating Expenses
$ in thousands
EBITDA
EBITDA
$ in millions
* EBITDA, as adjusted, is defined as loss from operations less depreciation, amortization and stock based compensation
Bookings
Commercial & FederalGovernment Bookings
$ in millions
Customers & Cross Connects Q106 Q206 Q306 Cross Connects 2836 3182 3724
Total Customers
Cross Connects Q106 Q206 Q306 Total Customers 280 396 444
Utilization Q106 Q206 Q306 Cross Connects 0.392 0.427 0.498
Q106 Q206 Q306 Total Customers 0.091 0.101 0.118
Utilization of TotalSpace
Utilization of Built-OutSpace
357,900 square feet
84,900 square feet
Q106 Q206 Q306 Churn 0.005 0.005 0.005 Federal Churn 0.0001 0.0001 0.0001
Revenue Per Square Foot
Churn Q106 Q206 Q306 Total Customers 1277 1534 1835
< 1%
< 1%
< 1%
0%
0%
0%
Balance Sheet
$ in thousands
Guidance
Fourth Quarter 2006 Guidance
Revenue: $21.5 million to $26.5 million
EBITDA: $2.8 million to $4.8 million
Positive operating cash flow
Fiscal Year 2006 Guidance
Total Revenue: $65 million to $70 million
EBITDA: $2 million to $4 million
Capital Expenditures: $7 million to $8 million
Thank You
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