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
Bankrate is a subsidiary of Red Ventures

Bankrate Revenue Breakdown

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

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, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

56.2m83.6m230.1m141.7m236.9m176.7m

Accounts Receivable

60.5m52.6m62.0m70.9m56.1m52.2m

Prepaid Expenses

2.5m13.7m9.7m35.7m27.7m42.0m

Current Assets

144.0m153.6m308.9m256.3m321.8m270.9m

PP&E

9.1m10.0m12.9m13.3m9.6m

Goodwill

595.5m602.2m612.0m641.4m567.5m599.8m

Total Assets

1.1b1.2b1.3b1.3b1.1b1.1b

Accounts Payable

9.6m8.2m7.1m8.0m10.1m11.2m

Short-term debt

81.2m39.0k181.7m228.7m466.8m

Current Liabilities

56.3m51.1m83.5m80.1m60.0m53.8m

Long-term debt

33.0k298.2m295.7m

Total Debt

81.2m72.0k297.0m297.6m298.2m295.7m

Total Liabilities

349.0m332.0m457.8m440.1m371.6m394.5m

Common Stock

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

Additional Paid-in Capital

832.8m843.4m864.2m892.7m886.3m903.2m

Retained Earnings

(44.6m)(15.3m)(25.3m)(23.6m)(37.0m)(71.1m)

Total Equity

788.5m828.2m839.0m823.3m761.2m689.4m

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

1.4 x1.4 x1.5 x1.5 x1.5 x1.6 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

61.3m64.5m64.5m78.0m71.1m89.2m112.0m191.5m243.9m175.8m154.6m138.5m144.6m204.4m122.0m135.8m183.3m188.6m

Accounts Receivable

61.5m69.2m60.9m66.4m60.4m59.2m58.2m68.5m78.4m77.2m79.8m87.3m75.9m55.0m59.1m71.0m50.7m66.7m

Prepaid Expenses

21.6m10.9m2.6m2.0m7.7m11.0m12.6m19.0m7.0m31.4m17.6m16.4m28.3m25.0m33.6m23.4m45.2m38.0m

Current Assets

160.7m160.9m152.7m171.5m164.4m163.3m186.6m282.7m336.4m302.0m260.0m250.1m256.4m285.4m214.6m230.3m279.1m293.4m

PP&E

7.4m9.3m9.0m9.6m10.0m10.7m12.0m12.1m14.3m13.6m14.2m15.8m17.0m10.7m10.3m14.1m17.7m18.2m

Goodwill

573.7m573.7m597.9m598.2m602.8m602.4m602.4m611.0m612.0m638.0m642.6m663.6m628.1m567.5m609.0m604.8m599.8m599.8m

Total Assets

1.1b1.1b1.1b1.2b1.2b1.2b1.2b1.3b1.3b1.3b1.3b1.3b1.2b1.1b1.1b1.1b1.1b1.1b

Accounts Payable

8.4m7.9m10.6m10.4m7.7m7.5m7.5m9.9m9.2m8.2m16.8m12.3m13.7m1.4m5.4m11.2m14.3m9.3m

Short-term debt

61.7m71.5m91.7m102.8m115.5m141.2m154.3m167.4m194.2m207.3m242.4m256.4m270.4m176.9m185.2m195.0m211.6m221.0m

Current Liabilities

51.7m39.1m48.0m60.2m54.2m58.1m66.0m68.1m73.5m78.0m71.6m74.7m60.8m41.2m71.0m53.7m88.6m122.8m

Long-term debt

20.0m

Total Debt

61.7m71.5m91.7m102.8m115.5m141.2m174.3m167.4m194.2m207.3m297.7m297.9m298.1m293.9m294.5m295.1m296.4m297.0m

Total Liabilities

345.8m335.1m340.9m355.6m358.9m336.6m345.2m452.0m441.3m454.1m427.7m434.7m420.4m347.7m413.6m404.7m399.0m428.7m

Common Stock

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

Additional Paid-in Capital

827.7m830.2m835.5m837.8m841.1m845.6m848.6m854.1m890.9m895.3m861.6m916.6m926.3m889.2m893.7m898.4m902.9m906.4m

Retained Earnings

(65.8m)(58.6m)(34.4m)(18.2m)(15.6m)(13.1m)(14.0m)(21.7m)(20.4m)(22.7m)(18.7m)(18.4m)(41.8m)(36.7m)(77.7m)(67.0m)(76.7m)(100.0m)

Total Equity

762.4m771.9m801.5m819.5m825.5m832.3m834.4m832.4m870.1m865.9m832.8m838.1m811.0m735.6m674.2m689.4m685.4m672.0m

Debt to Equity Ratio

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

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.3 x0.3 x0.3 x0.3 x0.3 x

Financial Leverage

1.5 x1.4 x1.4 x1.4 x1.4 x1.4 x1.4 x1.5 x1.5 x1.5 x1.5 x1.5 x1.5 x1.5 x1.6 x1.6 x1.6 x1.6 x

Bankrate Cash Flow

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

29.3m(10.0m)(13.3m)(34.1m)

Depreciation and Amortization

52.9m60.1m58.6m42.2m

Accounts Receivable

7.7m(6.2m)(8.2m)(6.3m)12.3m

Accounts Payable

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

Cash From Operating Activities

77.3m105.3m42.5m91.8m79.8m

Purchases of PP&E

(13.6m)(11.1m)(10.7m)(11.0m)(11.5m)

Cash From Investing Activities

(45.3m)(33.2m)(82.7m)94.5m(76.2m)

Long-term Borrowings

(209.0m)

Cash From Financing Activities

(4.7m)74.4m(47.7m)(91.0m)(64.0m)

Net Change in Cash

27.4m146.5m(88.0m)95.2m(60.5m)

Interest Paid

23.3m25.8m19.5m19.7m18.7m

Income Taxes Paid

19.7m(10.9m)48.4m(9.6m)(5.8m)

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

Bankrate Employee Rating

3.4100 votes
Culture & Values
3.5
Work/Life Balance
3.8
Senior Management
3.3
Salary & Benefits
4.0
Career Opportunities
3.2
Source