Internap Network Services (INAP) 2003年年度报告「NASDAQ」.pdf

1、Internap Annual Report 2003What If Darwin Had Studied BusinessInstead Of Biology?Internap delivers mission-critical Internet-based solutions to businesses throughout the United States,Europeand Japan.The Companys network-of-networks architecture,proprietary route optimization technology,industry-lea

2、ding Service Level Agreements and superior customer service guarantee network availability andhigh performance levels for business-critical applications,such as e-commerce,video and audio streaming,voice over Internet protocol,virtual private networks and supply chain management.Financial Highlights

3、Our Business$138.6$132.5$117.4$69.6$12.516%10%(42)%37%45%$(33.8)$(95.1)$(123.0)$(40.3)$(11.1)RevenuesFigures in$millionsDirect Margin*Expressed as a percentageOperating Cash FlowFigures in$millions*Direct margin percentage is defined as revenuesless direct cost of network divided by revenues.Interna

4、p achieved a net increase of 365new customers in 2003.Operating margin grew to 45%due to costcontrol and improved infrastructure optimization.Operating Cash Flow improved 72%during 2003.990001020399000102039900010203Had naturalist Charles Darwin studied busi-ness rather than biology,his conclusions

5、wouldbe remarkably similar.Like plants and animalsthat survive from generation to generation,great companies possess certain“survival”attributes that distinguish them from the pack a compelling business model,a powerfultechnological advantage,a superior ability to execute and,of course,a willingness

6、 toadapt quickly to changes in the environment.At Internap,we understand how the Internetindustry evolved and have demonstrated ourability to exploit our unique competitive advan-tages to not only survive change,but to use it to sustain growth over the long term.Business Instead of Biology?Same conc