Company Quick10K Filing
Xunlei
20-F 2019-12-31 Filed 2020-04-28
20-F 2018-12-31 Filed 2019-04-29
20-F 2017-12-31 Filed 2018-04-25
20-F 2016-12-31 Filed 2017-04-20
20-F 2015-12-31 Filed 2016-04-21
20-F 2014-12-31 Filed 2015-04-20

Xunlei Financials

XNET Metrics, Comps, Filings

Quarterly | Annual

Business

We commenced operations in January 2003 through the establishment of Shenzhen Xunlei, which currently, together with its various subsidiaries in the PRC, operates our Xunlei internet platform.

In February 2005, we established Xunlei Limited as our holding company in the Cayman Islands. Xunlei Limited directly owns Giganology Shenzhen, our wholly owned subsidiary in China established in June 2005. Giganology Shenzhen primarily engages in the research and development of new technologies.

Giganology Shenzhen has entered into a series of contractual arrangements with Shenzhen Xunlei and its shareholders. These contractual arrangements enable us to exercise effective control over Shenzhen Xunlei and receive substantially all of the economic benefits of Shenzhen Xunlei. As a result, Shenzhen Xunlei is our variable interest entity and we have consolidated the financial results of Shenzhen Xunlei and its subsidiaries in our consolidated financial statements in accordance with U.S. GAAP. The existing principal subsidiaries of Shenzhen Xunlei include the following:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Sendgrid (SEND) 1,722 75% 333.4 -2% 245 48 105 79 -4 5 1,540
Bottomline Technologies (EPAY) 1,714 57% 52.1 1% 679 304 428 244 9 31 1,622
SailPoint Technologies (SAIL) 1,698 76% -219.2 -1% 935 514 200 152 -14 -6 1,227
Zuora (ZUO) 1,689 51% -32.4 -18% 331 164 206 106 -60 -51 1,636
SPS Commerce (SPSC) 1,655 67% 33.0 7% 427 82 273 182 32 46 1,505
Shopify (SHOP) 1,603 0% 244 48 0 0 0 0 1,493
Bandwidth (BAND) 1,545 46% 728.6 1% 321 51 171 79 4 2 1,352
MicroStrategy (MSTR) 1,544 79% 26.9 3% 889 373 485 383 25 43 1,168
Instructure (INST) 1,430 68% -25.0 -17% 391 240 247 169 -65 -52 1,308
Xunlei (XNET) 1,211 0% 455 111 0 0 0 0 1,089
Carbon Black (CBLK) 1,177 78% -24.6 -13% 400 223 173 135 -52 -45 1,118
Cision (CISN) 1,109 65% 14.3 -0% 2,186 1,706 748 484 -5 162 2,321
Talend (TLND) 1,086 75% -24.1 -13% 366 334 181 135 -49 -43 1,041
Materialise (MTLS) 1,063 0% 313 0 0 0 0 1,063
Secureworks (SCWX) 1,035 54% -48.6 -4% 1,030 363 541 293 -38 -18 896
2U (TWOU) 1,002 0% -7.2 -15% 1,214 481 527 0 -186 -150 1,081
3D Systems (DDD) 916 45% -33.8 -8% 823 307 645 289 -69 -25 846
Upland Software (UPLD) 879 69% -68.2 -3% 683 465 202 139 -24 -16 1,105
MobileIron (MOBL) 788 79% -17.5 -20% 202 162 151 120 -41 -40 693
Benefitfocus (BNFT) 773 52% -16.9 -17% 328 355 283 147 -55 -38 642

Balance Sheet ($MM)2015-12-312016-12-312017-12-312018-12-31
Cash362273233123
Accounts Receivable11154119
Inventory00413
PP&E43485646
Assets538510533455
Accounts Payable22335023
Long-Term Debt
Liabilities94104151111
Stockholders' Equity447408385345
Income Statement ($MM)2015-12-312016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A
Tax
Net Income
Cash Flow ($MM)2015-12-312016-12-312017-12-312018-12-31
Cash Operating
Cash Investing
Cash Financing