Summary - Funding Rounds

Founding Date

1983

Total Funding

$66 m

Investors

In total, Ancestry had raised $66 m. Ancestry is a subsidiary of Blackstone

Ancestry Income Statement

Annual

USDY, 2014Y, 2015Y, 2017

Revenue

619.5m683.1m1.0b

Revenue growth, %

15%10%

Cost of goods sold

139.6m163.7m

Gross profit

480.0m519.4m

Gross profit Margin, %

77%76%

Sales and marketing expense

168.5m171.1m

R&D expense

94.2m97.1m

General and administrative expense

61.0m54.4m

Operating expense total

471.4m431.9m

Depreciation and amortization

147.7m109.3m

EBIT

8.6m87.4m

EBIT margin, %

1%13%

Interest expense

69.7m81.1m

Pre tax profit

(61.5m)6.1m

Income tax expense

(42.7m)(23.4m)

Net Income

(18.7m)29.4m

Ancestry Balance Sheet

Annual

USDFY, 2014FY, 2015

Cash

108.2m128.2m

Accounts Receivable

11.2m13.6m

Prepaid Expenses

9.8m12.2m

Current Assets

180.5m162.7m

PP&E

37.1m54.8m

Goodwill

948.3m948.3m

Total Assets

1.7b1.6b

Accounts Payable

11.5m13.1m

Short-term debt

46.5m7.1m

Current Liabilities

299.2m244.9m

Long-term debt

799.4m989.3m

Total Debt

845.9m996.3m

Total Liabilities

1.2b1.3b

Retained Earnings

(171.1m)(141.7m)

Total Equity

495.7m280.9m

Debt to Equity Ratio

1.7 x3.5 x

Debt to Assets Ratio

0.5 x0.6 x

Financial Leverage

3.5 x5.8 x

Ancestry Ratios

USDY, 2014

Ancestry Operating Metrics

Y, 2013Y, 2014Y, 2015Q4, 2016Y, 2016Jan, 2017Feb, 2017Aug, 2017Oct, 2017Nov, 2018May, 2019Oct, 2019Feb, 2020

Ancestor Profiles Created

11 b11 b13 b

Brands

11

Countries

80

DNA Kits Sold

1.40 m14 m

DNA Matches per Customer

50 k

Daily Searches

75 m

Downloads

10 m14 m24 m

Family Trees

55 m60 m70 m80 m80 m80 m100 m100 m100 m

Historical Newspapers Pages (Newspaper.com)

525 m530 m

Historical Records

12.70 b15 b17 b20 b19 b19 b20 b20 b

Historical Records (United States)

6 b

Markets

30 30

Members

20 m

Monthly Searches

1 b

Number of People DNA-tested

300 k3 m3 m5 m6 m15 m16 m

Obituaries in Database (Newspapers.com)

262 m

Patents and Patent Applications

30 200

Paying Subscribers

2.14 m2.12 m2.26 m2.50 m2.40 m3 m

Ancestry Employee Rating

3.3477 votes
Culture & Values
3.6
Work/Life Balance
4
Senior Management
2.8
Salary & Benefits
3.5
Career Opportunities
2.9
Source