Summary - Funding Rounds

Founding Date

2011

Total Funding

$38.8 m

Investors

In total, 90min had raised $38.8 m. 90min is a subsidiary of Minute Media

90min Income Statement

Annual

GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

4.3k858.5k5.9m14.3m9.1m

Revenue growth, %

Cost of goods sold

2.9m8.5m1.3m

Gross profit

3.0m5.8m7.8m

Gross profit Margin, %

51%41%86%

Operating expense total

384.0k837.0k2.8m5.8m7.7m

EBITDA

(379.6k)21.6k152.1k129.9k379.7k

EBITDA margin, %

(8857%)3%3%1%4%

EBIT

(379.7k)21.5k143.3k(18.8k)94.9k

EBIT margin, %

(8859%)2%2%0%1%

Pre tax profit

(383.5k)10.1k359.6k(404.6k)217.0k

Income tax expense

(27.3k)(34.6k)(125.4k)

Net Income

(383.5k)10.1k332.3k(439.2k)91.6k

90min Balance Sheet

Annual

GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

4.0k131.4k980.8k2.0m1.8m

Accounts Receivable

1.4k338.7k2.0m3.1m1.6m

Current Assets

37.8k890.6k4.4m7.6m3.9m

PP&E

1.3k2.2k13.8k108.3k109.7k

Total Assets

39.1k912.3k6.9m10.0m8.1m

Accounts Payable

95.0k507.4k372.9k103.4k

Current Liabilities

422.6k1.3m6.9m6.7m2.9m

Non-Current Liabilities

2.6k

Total Liabilities

422.6k1.3m6.9m6.7m2.9m

Common Stock

1.01.01.0101.0101.0

Retained Earnings

(383.5k)(373.4k)(24.3k)(480.3k)(388.7k)

Total Equity

(383.5k)(373.4k)(24.3k)3.3m5.2m

Financial Leverage

-0.1 x-2.4 x-281.8 x3.1 x1.6 x

90min Cash Flow

Annual

GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(383.5k)10.1k332.3k(439.2k)91.6k

90min Ratios

GBPFY, 2014

Financial Leverage

-0.1 x

90min Operating Metrics

Y, 2016

Monthly Active Users

60 m

Monthly Unique Views

250 m