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RXT - Rackspace Technology, Inc.

NASDAQ -> Technology -> Software—Infrastructure
San Antonio, United States
Type: Equity

RXT price evolution
RXT
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $277.8 $159.9 $174.3
Short term investments
Net receivables $348.7 $543.8 $571.6
Inventory
Total current assets $845.1 $913.5 $969.6
Long term investments
Property, plant & equipment $741.6 $779.2 $777.4
Goodwill & intangible assets $2505.9 $2772.5 $2810.3
Total noncurrent assets $3435.2 $3751 $3785
Total investments
Total assets $4280.3 $4664.5 $4754.6
Current liabilities
Accounts payable $416.8 $397 $384.2
Deferred revenue $81.6 $73.5 $101.3
Short long term debt $188.5 $175.4 $164
Total current liabilities $824.8 $776.3 $790.7
Long term debt $3452 $3643.6 $3723.7
Total noncurrent liabilities $3638.3 $3856.3 $3939.5
Total debt $3640.5 $3819 $3887.7
Total liabilities $4463.1 $4632.6 $4730.2
Shareholders' equity
Retained earnings -$2852.2 -$2625.6 -$2598.4
Other shareholder equity $74.8 $78.9 $63.6
Total shareholder equity -$182.8 $31.9 $24.4
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $228.4 $272.8 $104.7
Short term investments
Net receivables $622.2 $554.3 $483
Inventory
Total current assets $1085.8 $989.5 $758.5
Long term investments
Property, plant & equipment $766.3 $988.5 $1055.7
Goodwill & intangible assets $3391.1 $4173.3 $4407.4
Total noncurrent assets $4383.5 $5339.2 $5619.3
Total investments
Total assets $5469.3 $6328.7 $6377.8
Current liabilities
Accounts payable $459.9 $369.5 $285.4
Deferred revenue $80.9 $98.6 $76.7
Short long term debt $161.4 $196 $154.4
Total current liabilities $869.1 $837.4 $742.2
Long term debt $3653.5 $3833.7 $3869.7
Total noncurrent liabilities $3970.7 $4163.9 $4251.9
Total debt $3899.7 $4029.7 $4024.1
Total liabilities $4839.8 $5001.3 $4994.1
Shareholders' equity
Retained earnings -$1986.4 -$1181.6 -$963.3
Other shareholder equity $71.4 $6.9 -$18.6
Total shareholder equity $629.5 $1327.4 $1383.7
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $732.4 $746.3 $758.7
Cost of revenue $580.4 $593.2 $589.1
Gross Profit $152 $153.1 $169.6
Operating activities
Research & development
Selling, general & administrative $177.3 $216.9 $207.5
Total operating expenses $391.4 $216.9 $750.6
Operating income -$239.4 -$63.8 -$581
Income from continuing operations
EBIT -$186.6 $31.4 -$566
Income tax expense -$16.5 $1.3 -$10.9
Interest expense $56.5 $57.3 $56.9
Net income
Net income -$226.6 -$27.2 -$612
Income (for common shares) -$226.6 -$27.2 -$612
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Revenue
Total revenue $3122.3 $3009.5 $2707.1 $2438.1
Cost of revenue $2265.4 $2072.7 $1722.7 $1426.9
Gross Profit $856.9 $936.8 $984.4 $1011.2
Operating activities
Research & development
Selling, general & administrative $855.3 $906.8 $959.7 $911.7
Total operating expenses $1535.9 $939.3 $959.7 $909.6
Operating income -$679 -$2.5 $24.7 $101.6
Income from continuing operations
EBIT -$689.2 -$44 -$43.6 $207.6
Income tax expense -$92.9 -$30.8 -$66.2 -$20
Interest expense $208.5 $205.1 $268.4 $329.9
Net income
Net income -$804.8 -$218.3 -$245.8 -$102.3
Income (for common shares) -$804.8 -$218.3 -$245.8 -$102.3
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Net income -$226.6 -$27.2 -$612 -$214
Operating activities
Depreciation $105.5 $125.1 $109.8 $107.2
Business acquisitions & disposals
Stock-based compensation $17.2 $19.5 $15.2 $10
Total cash flows from operations $266.8 $37.8 -$1.9 $27.5
Investing activities
Capital expenditures -$27.5 -$23.4 -$12.1 -$15
Investments
Total cash flows from investing -$27.4 -$23.2 -$11.7 -$14.4
Financing activities
Dividends paid
Sale and purchase of stock -$1 $0.8 $1
Net borrowings -$113.9 -$26.1 -$36.9 -$34.9
Total cash flows from financing -$120.6 -$29.5 -$41.3 -$38.2
Effect of exchange rate -$1.1 $0.5 $0.9 $4.4
Change in cash and equivalents $117.7 -$14.4 -$54 -$20.7
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net income -$804.8 -$218.3 -$245.8 -$102.3
Operating activities
Depreciation $447.6 $490.7 $536.9 $566.5
Business acquisitions & disposals -$7.7 -$9.5 -$316.1
Stock-based compensation $69.5 $75.4 $74.5 $30.2
Total cash flows from operations $246.7 $370.8 $116.7 $292.9
Investing activities
Capital expenditures -$80.4 -$77.1 -$116.5 -$198
Investments -$15 $0.9 $109.5
Total cash flows from investing -$97.9 -$69 -$128.4 -$386.5
Financing activities
Dividends paid
Sale and purchase of stock -$27.3 $61.1 $686.8 -$4.8
Net borrowings -$139.2 -$180.4 -$656.9 -$74.4
Total cash flows from financing -$187 -$132.2 $29.9 -$79.2
Effect of exchange rate -$5.8 -$2.3 $2.8 $1.7
Change in cash and equivalents -$44 $167.3 $21 -$171.1
Fundamentals
Market cap N/A
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Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
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P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
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P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS N/A
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Debt/Equity N/A
Net debt/EBITDA N/A
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Quick ratio N/A