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Q9 Networks Inc.
Business Summary
Q9 Networks is a privately held company that operates outsourced data center infrastructure for organizations with mission-critical IT operations. Q9 operates 11 data centers and a network that is backed by SLA, a technology that guarantees 100 percent network and power availability. Q9 services include: co-location, bandwidth, dedicated servers, firewalls, load balancing, virtual private networking (VPN) and back-up/restore. Q9 Networks was founded in 1995 and is headquartered in Toronto, Canada.
Overview & Corporate Organization
Industry Information
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Charts, Financials, and Statistics (Table Format)
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| Income Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| Revenues | View | View | View | View | View | View | $36,308,056 |
| Operating Income (Loss) | View | View | View | View | View | View | $279,300 |
| EBITDA | View | View | View | View | View | View | $8,335,813 |
| Net Income (Loss) | View | View | $1,882,156 | ||||
| Balance Sheet | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| Total Assets | View | View | $133,985,353 | ||||
| Total Liabilities | View | View | $21,445,642 | ||||
| Stockholders Equity | View | View | $133,985,353 | ||||
| Cash Flow Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| Cash Flow From Operating Activities | View | View | $11,268,944 | ||||
| Cash Flow From Investing Activities | View | View | ($9,800,000) | ||||
| Cash Flow From Financing Activities | View | View | $163,165 |
| Financial Notes: | |
| * | Q9 Networks Inc. fiscal year end: 10/31 |
Charts, Financials, and Statistics (Graphs)
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Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Aug. 2008 | Completed | View1 | View | Acquisition Leveraged Buyout (LBO) Take Private | View |
| Details | Jun. 2012 | Completed | View2 | View | Acquisition Leveraged Buyout (LBO) | View |
| 1 | TD affiliates have provided...Read More → |
| 2 | As per the agreement, Teachers,...Read More → |
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Public / Private History (PPH™)
| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | Aug. 2008 | View | View | View1 | View | View | View |
| 1 | TD affiliates have provided...Read More → |
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Detailed Business Description: Q9 Networks Inc.
Corporate History
1995 - Q9 is founded as Myna Communications
1998 - First Myna co-location facility opens in downtown Toronto
2000 - Name changed to Q9 Networks
2000 - Q9 raises $26.5M in private equity. The first Q9 data center opens in downtown Toronto
2001 - Q9 raises an additional $88.5M in second round of private equity financing
2002 - Q9 opens its first data center in downtown Calgary and acquires a 160k sq foot data center in Brampton
2004 - Q9 goes public in an I PO on the TSX that raises a further $32M for the company. Q9 signs a five year contract with an anchor tenant at its Brampton data center
2005 - Q9 announces a third Toronto data center
2006 - Plans to invest $25M in a second Calgary data center and $20M to expand the Brampton data center. IBM Canada signs on as a reseller of Q9 services
2007 Q9 opens its third data center in downtown Toronto and its second data center in Calgary
2008 - Q9 announces plans to invest up to $50M in a third Calgary data… Continue Reading →
Supplemental Resources
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