Millennial Media

Marketing Technology adtech enterprise software mobile marketing video advertising

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.

Revenue(FY, 2014)

$296.2 M

Type

Subsidiary

Parent Company

AOL

Baltimore, US

Founded

2006

Website

millennialmedia.com

Millennial Media was founded in 2006 and is headquartered in Baltimore, US

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Key People/Management at Millennial Media

Matt Gillis

Senior Vice President, Publisher Platforms

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Millennial Media Office Locations

Open Map View

Millennial Media has offices in Singapore, Atlanta, Boston, New York and in 6 other locations

Baltimore, US (HQ)

2400 Boston Street

Atlanta, US

1170 Peachtree Street NE, Suite 1925

Boston, US

155 Seaport Boulevard, 8th floor

New York, US

150 W 22nd St 12th Floor

San Francisco, US

505 Sansome Street, Suite 1450

Paris, FR

9 Rue Ampère

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Millennial Media Financials and Metrics

Summary Metrics

Founding Date	2006
Total Funding	$240.3 m
Investors	Acta Wireless, Eniac VC, CRV, Bessemer Venture Partners, New Enterprise Associates, Columbia Capital

In total, Millennial Media had raised $240.3 m. Millennial Media is a subsidiary of AOL

Millennial Media Revenue

Millennial Media's revenue was reported to be $296.16 m in FY, 2014 which is a 14.3% increase from the previous period.

Income Statement

Annual

usd	FY, 2010	FY, 2011	FY, 2012	FY, 2013	FY, 2014
Revenue	47.8 m	103.7 m	177.7 m	259.2 m	296.2 m
Revenue growth, %		117%	71%	46%	14%
Cost of goods sold				154.8 m	179.8 m
Gross profit				104.4 m	116.4 m

Quarterly

USD	Q3, 2013	Q1, 2014	Q3, 2014	Q1, 2015	Q2, 2015
Revenue	56.1 m	72.6 m	69.8 m	63.2 m	65.9 m
Cost of goods sold	33.9 m	42.7 m	43.4 m	35 m	36.9 m
Gross profit	22.2 m	29.9 m	26.4 m	28.2 m	28.9 m
Gross profit Margin, %	40%	41%	38%	45%	44%

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Balance Sheet

Annual

usd	Y, 2009	Y, 2010	Y, 2011	Y, 2012	Y, 2013	Y, 2014
Cash	19.2 m	27.8 m	16.7 m	137.4 m	99.2 m	49.5 m
Accounts Receivable
Inventories					4.2 m	3.9 m
Current Assets					212.9 m	155 m

Quarterly

USD	Q3, 2013	Q1, 2014	Q3, 2014	Q1, 2015	Q2, 2015
Cash	121.2 m	98 m	76.5 m	37.4 m	34.6 m
Current Assets	183.2 m	182.2 m	155.3 m	126.1 m	123.9 m
PP&E	8.2 m	15 m	24.8 m	26.1 m	25 m
Goodwill	11.1 m	135.5 m	78 m	139 m	139 m

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Cash Flow

Annual

usd	FY, 2013	FY, 2014
Net Income	(15.1 m)	(149.1 m)
Depreciation and Amortization	5.9 m	16.7 m
Inventories	(1.3 m)	486 k
Accounts Payable	(4.7 m)	563 k

Quarterly

USD	Q3, 2013	Q1, 2014	Q3, 2014	Q1, 2015	Q2, 2015
Net Income	(11.4 m)	(12.9 m)	(137.5 m)	(19.8 m)	(35.2 m)
Depreciation and Amortization	3.1 m	3.9 m	12.8 m	4.8 m	9.6 m
Accounts Payable	2.4 m	1.6 m	264 k	2.3 m	3.3 m
Purchases of PP&E	(4.1 m)	(2.9 m)	(13.7 m)	(924 k)	(2.2 m)