Company Quick10K Filing
Zayo Group
10-Q 2019-12-31 Filed 2020-02-04
10-Q 2019-09-30 Filed 2019-11-06
10-K 2019-06-30 Filed 2019-09-04
10-Q 2019-03-31 Filed 2019-05-09
10-Q 2018-12-31 Filed 2019-02-08
10-Q 2018-09-30 Filed 2018-11-08
10-K 2018-06-30 Filed 2018-08-24
10-Q 2018-03-31 Filed 2018-05-07
10-Q 2017-12-31 Filed 2018-02-08
10-Q 2017-09-30 Filed 2017-11-07
10-K 2017-06-30 Filed 2017-08-22
10-Q 2017-03-31 Filed 2017-05-10
10-Q 2016-12-31 Filed 2017-02-09
10-Q 2016-09-30 Filed 2016-11-09
10-K 2016-06-30 Filed 2016-08-26
10-Q 2016-03-31 Filed 2016-05-06
10-Q 2015-12-31 Filed 2016-02-12
10-Q 2015-09-30 Filed 2015-11-10
10-K 2015-06-30 Filed 2015-09-24
10-Q 2015-03-31 Filed 2015-05-13
10-Q 2014-12-31 Filed 2015-02-17
10-Q 2014-09-30 Filed 2014-11-14
10-K 2014-06-30 Filed 2014-09-29
10-Q 2014-03-31 Filed 2014-05-12
10-Q 2013-12-31 Filed 2014-02-06
10-Q 2013-09-30 Filed 2013-11-08
10-K 2013-06-30 Filed 2013-09-23
10-Q 2013-03-31 Filed 2013-05-15
10-Q 2012-12-31 Filed 2013-02-08
10-Q 2012-09-30 Filed 2012-11-14
10-K 2012-06-30 Filed 2012-09-14
10-Q 2012-03-31 Filed 2012-05-15
10-Q 2011-09-30 Filed 2011-11-10
10-K 2011-06-30 Filed 2011-09-09
10-Q 2011-03-31 Filed 2011-05-13
10-Q 2010-12-31 Filed 2011-02-11
10-Q 2010-09-30 Filed 2010-11-12
8-K 2020-03-09 Enter Agreement, Leave Agreement, M&A, Delisting, Shareholder Rights, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2020-03-09 Enter Agreement, Leave Agreement, M&A, Delisting, Shareholder Rights, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2020-02-27 Other Events
8-K 2020-02-14 Other Events
8-K 2020-01-31 Enter Agreement, Exhibits
8-K 2019-07-26 Shareholder Vote
8-K 2019-05-08 Other Events, Exhibits
8-K 2019-05-08 Other Events, Exhibits
8-K 2019-05-08 Enter Agreement, Exhibits
8-K 2019-04-03 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-02-11 Officers, Exhibits
8-K 2018-12-05 Officers, Exhibits
8-K 2018-10-23 Officers, Exhibits
8-K 2018-06-05 Regulation FD
8-K 2018-05-01 Officers
8-K 2018-02-26 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits

Zayo Group Financials

ZGL Metrics, Comps, Filings

Quarterly | Annual

Business

Zayo Group, LLC (the “Company”, “we” or “us”) is a large and growing provider of communications and bandwidth infrastructure in the United States, Canada and Europe. We are a wholly-owned subsidiary of Zayo Group Holdings, Inc. (“ZGH”). Our products and offerings enable our customers’ mission-critical, high-bandwidth applications, such as cloud-based computing, video, mobile, social media, machine-to-machine connectivity, and other bandwidth-intensive applications. Key products include leased dark fiber, fiber to cellular towers and small cell sites, dedicated Wavelength connections, Ethernet, IP connectivity, data center colocation, cloud offerings and other high-bandwidth offerings. We provide access to our bandwidth infrastructure and other offerings over a unique set of dense metro, regional, and long-haul fiber network sections and through our interconnect-oriented data center facilities. Our fiber network sections and data center facilities are critical components of the overall physical network architecture of the internet and private networks. Our customer base includes some of the largest and most sophisticated users of bandwidth infrastructure offerings, such as wireless service providers; telecommunications service providers; financial services companies; social networking, media, and web content companies; education, research, and healthcare institutions; and governmental agencies. We typically provide our bandwidth infrastructure solutions for a fixed monthly recurring access fee under contracts that vary between one and twenty or more years in length. We operate our business with a unique focus on capital allocation and financial performance with the ultimate goal of maximizing equity value for the ZGH stockholders. Our core values center on partnership, alignment, and transparency with our three primary constituent groups - employees, customers and ZGH stockholders.

We were founded in 2007 with the investment thesis of building a bandwidth infrastructure platform to take advantage of the favorable internet, data and wireless growth trends driving the on-going demand for bandwidth infrastructure, and to be an active participant in the consolidation of the industry. The growth of cloud-based computing, video, mobile and social media applications, machine-to-machine connectivity and other bandwidth-intensive applications continues to drive rapidly increasing consumption of bandwidth on a global basis. As an early believer in the enduring nature of these trends, we assembled our asset base and built a business model specifically to supply high-bandwidth infrastructure for connectivity to users whose businesses depend most on the continuous and growing demand for bandwidth. Typically, such users are given access to use our bandwidth infrastructure in return for an initial contract of at least one year and generally with options for extensions. As a core tenet of our strategy for capitalizing on these industry trends, we have been a leading industry consolidator and have acquired 45 bandwidth infrastructure businesses and assets to date. Our owned, secure and redundant fiber network and data centers serve as the foundation for our bandwidth solutions and allow us to offer customers dark fiber solutions, network connectivity and colocation and cloud infrastructure solutions. We believe the continuously growing demand for stable and secure bandwidth and infrastructure from users such as service providers, enterprises and consumers, combined with our unique and dense metro, regional, and long-haul network sections, position us as a mission-critical infrastructure supplier to the largest users of bandwidth.

Our network footprint includes both large and small metro geographies, the extended suburban regions of many cities, and the large rural, national and international links that connect our metro network sections. We believe our network assets would be difficult to replicate given the geographic reach, network density and capital investment required. As of June 30, 2019, our fiber network spans 133,000 route miles and 13.0 million fiber miles (representing an average of 98 fibers per route), serves 400 geographic markets in the United States, Canada and Europe and connects to approximately 35,000 buildings, including 1,200 data centers. We own fiber network sections in large metro areas, such as New York, Chicago, San Francisco, Paris and London, as well as smaller metro areas, such as Allentown, Pennsylvania, Fargo, North Dakota and Spokane, Washington. Our network sections allow our customers access to our high-bandwidth infrastructure solutions over redundant fiber facilities between and among key customer locations. We believe our ownership and the location and density of our expansive network footprint allow us to more competitively satisfy our target customers’ bandwidth infrastructure solutions at the local, regional, national and international level relative to other regional bandwidth infrastructure providers or long-haul providers. We also provide our network-neutral colocation and interconnection offerings utilizing our own data centers located within major carrier hotels and other


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
Yacht Finders (YTFD) 0.0 0 1 0 0 -0 -0 -0
Zayo Group (ZGL) 49% 4.8 1% 9,881 8,522 2,576 1,250 146 1,167 5,607
Anterix (ATEX) -49% 4.9 -12% 283 20 4 -2 -35 -32 -157
BiomX (PHGE) -0.3 0% 71 1 0 0 0 0 -0
AGBA Acquisition (AGBA) 3.6 -1% 47 2 0 0 -0 -0 -1
Spanish Broadcasting System (SBSAA) 0% -0.9 -1% 455 541 126 0 -6 20 -19
US VR Global.com (USVR) 0.0 -586% 0 2 0 0 -3 -3 -0
NorthStar Healthcare (NSHI) 39% -65.4 -6% 2,173 1,480 220 85 -128 -22 1,411
Renewable Energy & Power (REAP) 3% -0.0 63% 2 3 1 0 1 1 -0
Cancer Capital (CNCL) 0.0 -9,752% 0 0 0 0 -0 -0 -0
Replay Acquisition (RPLA) -0.5 1% 293 9 0 0 3 3 -2
Joway Health Industries (GTVI) 53% 0.2 -20% 5 1 0 0 -1 -1 -0
Mission Broadcasting (MBCC) 0% 102.5 -4% 212 242 81 0 -9 2 220
IASO BioMed (IASO) 0.0 -11,174% 0 1 0 0 -1 -1 -0
SusGlobal Energy (SUSG) 22% -3.4 -43% 5 8 1 0 -2 -1 5
Puget Energy (PSD) 0% 0.3 0% 14,367 10,484 2,413 0 60 547 170
Graphic Packaging International (GPIL) 17% 3.5 5% 7,184 4,392 6,148 1,051 358 815 2,886
Ridgefield Acquisition (RDGA) 0.0 -5,559% 0 0 0 0 -0 -0 -0
Sirrus (SRUP) 67% -0.2 -2,185% 0 2 0 0 -1 -1 0
Reign Sapphire (RSAP) 75% -11.5 -26% 1 5 0 0 -0 -0 2

Balance Sheet ($MM)2011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash21261715121498618892202250293167152158308345176215170192143198220290280329256354177180187255
Accounts Receivable212632327485726863554755647294889074135148148157190192226234223236227203217177152
Inventory
PP&E5357197429241,7731,6581,6972,8552,4492,5082,5323,5462,8962,9313,1994,2903,3493,6264,0345,5004,1694,2864,8406,9625,0545,1295,3678,0765,5255,5825,6798,9145,852
Assets8051,2171,2081,3724,0214,0904,0524,1284,1464,3764,4505,0055,0585,0645,9606,0946,1656,2736,8336,7206,8266,8608,5378,7288,8518,9239,2279,2129,3109,1339,2639,3349,881
Accounts Payable141616161231143321112127283235403666759756405072654364464248487432
Long-Term Debt3546906906982,8702,8362,8392,8542,8281,7501,7503,2613,2563,0013,7513,7523,7483,7444,1394,1674,1674,1675,6305,6095,5975,5965,7445,7435,7425,9515,9095,8835,862
Liabilities5639799851,0063,3913,4763,4543,5943,6283,8914,0104,6324,7804,0064,9324,9004,9395,0425,6225,5165,5865,5887,2077,3337,3877,4287,7027,7367,7687,9648,0298,0058,522
Stockholders' Equity2412382243666296145985335194854393732901,0581,0281,1941,2261,2321,2101,2041,2401,2721,3301,3951,4641,4951,5251,4761,5421,1691,2341,3291,359
Income Statement ($MM)2011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue7889105110230244251258264274278291321324341362367370478507505507550638644747649658641639647651639
Cost of Revenue223398101108113112171183174180195234236232235239228222226239
Gross Profit83197226240254254257307325331327355404408515414418413417421412
R&D
SG&A232630338673701211171341431771573283868585112104106105109117128141118122122126128133123
Tax531111161319811109-0155118-1380111623213202218414
Net Income3-1-3-5-52-20-813310-727835222-3116202723231223462230356318
Cash Flow ($MM)2011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating24333377791067313594143159164118114170205195146196176233170262245269188263252242254225312
Cash Investing-29-365-43-396-204-94-102-3-171-109-387-6334-293-154-12-318-484-208-17-215-1,634-215-17-194-350-229-144-206-196-217
Cash Financing-03371962,378-23-15-62138-32655816984-24323-110-11,425-11-0-5144-98-7-44-28-23