Bankrate Revenue

Bankrate revenue was $434.16 m in FY, 2016 which is a 17.2% year over year increase from the previous period.

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Summary - Funding Rounds

Founding Date

1976

Investors

Bankrate is a subsidiary of Red Ventures

Bankrate Revenue Breakdown

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Bankrate revenue breakdown by business segment: 5.3% from Senior Care, 23.1% from Banking and 71.6% from Credit Cards

Bankrate Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

457.4m544.9m370.5m434.2m

Revenue growth, %

19%(32%)17%

Cost of goods sold

151.1m85.5m171.8m227.5m

Gross profit

306.4m459.4m198.7m206.6m

Gross profit Margin, %

67%84%54%48%

Sales and marketing expense

113.5m24.3m16.7m17.5m

R&D expense

18.7m29.0m

General and administrative expense

56.1m67.7m62.4m79.9m

Operating expense total

279.7m121.1m320.5m440.2m

Depreciation and amortization

60.1m40.5m42.2m

EBIT

26.7m34.6m50.0m(6.0m)

EBIT margin, %

6%6%13%(1%)

Interest expense

20.8m

Pre tax profit

(15.4m)13.7m27.8m(25.7m)

Income tax expense

(5.4m)6.9m10.1m8.3m

Net Income

(10.0m)5.2m(13.3m)(34.1m)

Bankrate Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

230.1m141.7m236.9m176.7m

Accounts Receivable

61.9m70.9m56.1m52.2m

Prepaid Expenses

13.6m35.7m27.7m42.0m

Current Assets

308.9m256.3m321.8m270.9m

Goodwill

612.0m641.4m567.5m599.8m

Total Assets

1.3b1.3b1.1b1.1b

Accounts Payable

7.1m8.0m10.1m11.2m

Current Liabilities

83.5m80.1m60.0m53.8m

Long-term debt

297.0m297.6m298.2m295.7m

Total Debt

297.0m297.6m298.2m295.7m

Total Liabilities

457.8m440.1m371.6m394.5m

Common Stock

1.0m1.0m1.0m1.0m

Additional Paid-in Capital

864.2m892.7m886.3m903.2m

Retained Earnings

(25.3m)(23.6m)(37.0m)(71.1m)

Total Equity

839.0m823.3m761.2m689.4m

Debt to Equity Ratio

0.4 x0.4 x0.4 x0.4 x

Debt to Assets Ratio

0.2 x0.2 x0.3 x0.3 x

Financial Leverage

1.5 x1.5 x1.5 x1.6 x

Quarterly

USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

243.9m175.8m154.6m138.5m144.6m204.4m122.0m135.8m183.3m188.6m

Accounts Receivable

79.8m87.3m75.9m55.0m59.1m71.0m50.7m66.7m

Prepaid Expenses

17.6m16.4m28.3m25.0m33.6m23.4m45.2m38.0m

Current Assets

336.4m302.0m260.0m250.1m256.4m285.4m214.6m230.3m279.1m293.4m

Goodwill

612.0m638.0m642.6m663.6m628.1m567.5m609.0m604.8m599.8m599.8m

Total Assets

1.3b1.3b1.3b1.3b1.2b1.1b1.1b1.1b1.1b1.1b

Accounts Payable

9.2m8.2m16.8m12.3m13.7m1.4m5.4m11.2m14.3m9.3m

Current Liabilities

73.5m78.0m71.6m74.7m60.8m41.2m71.0m53.7m88.6m122.8m

Long-term debt

297.7m297.9m298.1m293.9m294.5m295.1m296.4m297.0m

Total Debt

297.7m297.9m298.1m293.9m294.5m295.1m296.4m297.0m

Total Liabilities

441.3m454.1m427.7m434.7m420.4m347.7m413.6m404.7m399.0m428.7m

Common Stock

1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m

Additional Paid-in Capital

890.9m895.3m861.6m916.6m926.3m889.2m893.7m898.4m902.9m906.4m

Retained Earnings

(20.4m)(22.7m)(18.7m)(18.4m)(41.8m)(36.7m)(77.7m)(67.0m)(76.7m)(100.0m)

Total Equity

870.1m865.9m832.8m838.1m811.0m735.6m674.2m689.4m685.4m672.0m

Debt to Equity Ratio

0.4 x0.4 x0.4 x0.4 x0.4 x

Debt to Assets Ratio

0.2 x0.3 x0.3 x0.3 x0.3 x

Financial Leverage

1.5 x1.5 x1.5 x1.5 x1.5 x1.5 x1.6 x1.6 x1.6 x1.6 x

Bankrate Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(10.0m)6.1m(13.3m)(34.1m)

Depreciation and Amortization

60.1m58.6m65.9m42.2m

Accounts Receivable

(6.2m)(8.2m)(6.3m)12.3m

Accounts Payable

(1.6m)(317.0k)1.4m(1.2m)

Cash From Operating Activities

105.3m42.5m91.8m79.8m

Cash From Investing Activities

(33.2m)(82.7m)94.5m(76.2m)

Short-term Borrowings

(209.0m)

Long-term Borrowings

(11.9m)

Cash From Financing Activities

74.4m(47.7m)(91.0m)(64.0m)

Net Change in Cash

146.5m(88.0m)95.2m(60.5m)

Interest Paid

25.8m19.5m19.7m18.7m

Quarterly

USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

4.8m2.6m(5.3m)575.0k(17.5m)283.0k(41.0m)10.7m(5.2m)(28.5m)

Depreciation and Amortization

14.5m29.7m15.7m31.6m47.7m9.6m20.7m31.6m10.5m21.4m

Accounts Receivable

(16.6m)(14.2m)(9.1m)(16.6m)(5.2m)1.1m5.4m(6.6m)1.2m(15.0m)

Accounts Payable

2.1m(105.0k)8.7m4.2m5.7m(8.8m)(7.0m)(1.3m)3.1m(1.9m)

Cash From Operating Activities

5.4m13.8m24.7m44.5m67.2m6.9m17.7m37.2m18.3m26.8m

Cash From Investing Activities

(2.0m)(58.7m)(6.6m)(38.2m)(41.2m)(1.2m)(66.0m)(71.7m)(3.6m)(5.6m)

Cash From Financing Activities

10.4m(9.4m)(5.1m)(9.5m)(23.2m)(38.2m)(66.8m)(66.9m)(8.1m)(9.4m)

Net Change in Cash

13.0k(3.0m)2.9m(32.6m)(115.3m)(101.4m)6.6m11.9m

Interest Paid

9.7m9.8m9.3m9.3m18.6m9.4m9.4m

Income Taxes Paid

2.3m27.4m
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Bankrate Operating Metrics

Q1, 2014Q2, 2014Q3, 2014Q4, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017

Credit Cards Consumer Inquiries

2.60 m2.50 m2.50 m2.80 m10.30 m2.70 m2.90 m3.30 m3.60 m12.50 m3 m3.50 m4.40 m4.20 m15 m4.10 m

Mortgage and Savings Consumer Inquiries

1.70 m1.70 m1.70 m1.60 m6.60 m1.70 m1.60 m1.70 m1.50 m6.60 m1.80 m1.80 m2.10 m2.10 m8 m2.50 m

Senior Care Consumer Inquiries

11.90 m19 m18.80 m49.70 m24 m26.80 m25.80 m22.70 m99.30 m33.10 m26 m28.60 m22.60 m110.30 m33.50 m
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Bankrate Employee Rating

3.394 votes
Culture & Values
3.5
Work/Life Balance
3.9
Senior Management
3.3
Salary & Benefits
4.0
Career Opportunities
3.2
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