Millennial Media

Millennial Media is the mobile ad marketplace, making mobile simple for the world’s top brands, app developers, and mobile web publishers. The Company's data and technology assets enable advertisers to connect with target audiences at scale while driving monetization for publisher and developer partners.


Type
Subsidiary
Parent Company
AOL
HQ
Baltimore, US
Founded
2006
Millennial Media was founded in 2006 and is headquartered in Baltimore, US

Key People at Millennial Media

Matt Gillis

Matt Gillis

Senior Vice President, Publisher Platforms

Millennial Media Office Locations

Millennial Media has offices in Baltimore, London, San Francisco, New York and in 6 other locations
Baltimore, US (HQ)
2400 Boston Street
Singapore, SG
One Temasek Avenue, #37-01 Millenia Tower
Paris, FR
9 Rue Ampère
Tokyo, JP
Shin Marunouchi Building 9F EGG Japan, Marunouchi 1-5-1, Chiyoda-ku
Hamburg, DE
Fleethof – Stadthausbrucke 1
Atlanta, US
1170 Peachtree Street NE, Suite 1925

Millennial Media Data and Metrics

Millennial Media Summary

Founding Date

2006

Total Funding

$64.8 m

Investors

In total, Millennial Media had raised $64.8 m. Millennial Media is a subsidiary of AOL

Millennial Media Financial Metrics

Millennial Media's revenue was reported to be $296.2 m in FY, 2014 which is a 14% increase from the previous period.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014

Revenue

47.8 m103.7 m177.7 m259.2 m296.2 m

Revenue growth, %

117%71%46%14%

Cost of goods sold

154.8 m179.8 m

Gross profit

104.4 m116.4 m

Gross profit Margin, %

40%39%

Operating expense total

119.5 m265.2 m

EBIT

(15.1 m)(148.8 m)

EBIT margin, %

(6%)(50%)

Interest expense

28 k95 k145 k

Pre tax profit

(15.2 m)(148.9 m)

Income tax expense

22 k(486 k)70 k(47 k)192 k

Net Income

(15.1 m)(149.1 m)
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014

Cash

19.2 m27.8 m16.7 m137.4 m99.2 m49.5 m

Inventories

4.2 m3.9 m

Current Assets

212.9 m155 m

PP&E

12.7 m27.2 m

Goodwill

135.5 m139 m

Total Assets

419.6 m357.6 m

Accounts Payable

7.6 m10.5 m

Current Liabilities

82.3 m92.9 m

Additional Paid-in Capital

400.7 m473.2 m

Retained Earnings

(65.2 m)(214.2 m)

Total Equity

335.5 m258.6 m

Financial Leverage

1.3 x1.4 x
USDFY, 2013FY, 2014

Net Income

(15.1 m)(149.1 m)

Depreciation and Amortization

5.9 m16.7 m

Accounts Receivable

(28 m)18.3 m

Inventories

(1.3 m)486 k

Accounts Payable

(4.7 m)563 k

Cash From Operating Activities

(38.2 m)(49.8 m)

Purchases of PP&E

(5.1 m)(18.1 m)

Cash From Investing Activities

(3.1 m)(40.5 m)

Long-term Borrowings

(10.4 m)(10.4 m)

Interest Paid

53 k

Millennial Media Median Salaries

Source: 30 public H-1B filings from Millennial Media

Traffic Overview of Millennial Media

Millennial Media Online and Social Media Presence

Millennial Media News and Updates

Ad tech firm Rubicon Project shook up its leadership team — here's how it plans to transform its business (RUBI)

Ad tech company Rubicon Project announced on Tuesday its founder and CEO of almost a decade, Frank Addante, was stepping aside to become chairman, with ad tech veteran Michael Barrett — formerly of Millennial Media, AdMeld, and Fox — stepping in as his replacement. Business …

Ad tech firm Rubicon Project's stock plummeted after it announced a new CEO and weak earnings (RUBI)

Ad tech firm Rubicon Project's stock dropped by 15% in after-hours trading on Tuesday evening after the company announced a new CEO and weak quarterly earnings. The stock closed at $8.39 ahead of the announcements but fell to $7.09 after the close. Rubicon Project appointed …

Should Snap buy Twitter?

 The idea might not be as dumb as you think (or maybe it is). Read More

One of the kings of the '90s dot-com bubble now faces 20 years in prison

Sixteen years ago, the tech bubble crashed. The NASDAQ fell from a high of 5,132 in March 2000 to just 1,470 a few months later, as giddy investors suddenly sobered up after figuring out that web businesses with little or no revenue were fundamentally worthless. Companies wo…

Here's how much millennials are earning annually across the US

Millennials came of age during a tough economic time: Student debt has reached an all-time high, and the job market is more competitive than ever. As a result, young people today aren't earning as much money as their parents did when they were young. So how much are they mak…

AOL lays off 500 employees after adding 1,500 employees over the last 12 months

 AOL CEO Tim Armstrong just announced internally that there will be layoffs across AOL’s global workforce (AOL is TechCrunch’s parent company). The company will focus on mobile, video and data across two business units — media and platforms. While the company doesn’t say exactly how many people will…
Show more

Millennial Media Company Life and Culture

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