Millennial Media Revenue

Millennial Media revenue was $296.16 m in FY, 2014 which is a 14.3% year over year increase from the previous period.

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Summary - Funding Rounds

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

Millennial Media Income Statement

Annual

USDFY, 2013FY, 2014

Revenue

259.2m296.2m

Revenue growth, %

46%14%

Cost of goods sold

154.8m179.8m

Gross profit

104.4m116.4m

Gross profit Margin, %

40%39%

Sales and marketing expense

38.7m

R&D expense

19.0m

General and administrative expense

61.9m

Operating expense total

119.5m

EBIT

(15.1m)(148.7m)

EBIT margin, %

(6%)(50%)

Interest expense

95.0k145.0k

Pre tax profit

(15.2m)(148.9m)

Income tax expense

(47.0k)192.0k

Net Income

(15.1m)(149.1m)

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015

Revenue

56.1m72.6m67.3m69.8m63.2m65.9m

Cost of goods sold

33.9m42.7m40.3m43.4m35.0m36.9m

Gross profit

22.2m29.9m27.0m26.4m28.2m28.9m

Gross profit Margin, %

40%41%40%38%45%44%

Sales and marketing expense

8.6m13.5m13.4m13.2m14.3m12.9m

R&D expense

3.9m7.5m7.5m7.5m7.9m7.2m

General and administrative expense

14.2m21.8m21.2m21.6m25.6m24.1m

Operating expense total

26.8m42.8m42.1m135.7m47.8m44.2m

EBIT

(4.6m)(12.9m)(15.0m)(109.3m)(19.6m)(15.3m)

EBIT margin, %

(8%)(18%)(22%)(157%)(31%)(23%)

Interest expense

15.0k28.0k35.0k36.0k55.0k100.0k

Pre tax profit

(4.6m)(12.9m)(15.1m)(109.4m)(19.7m)(15.4m)

Income tax expense

(6.0k)17.0k11.0k67.0k94.0k65.0k

Net Income

(4.6m)(12.9m)(15.1m)(109.4m)(19.8m)(15.5m)

Millennial Media Balance Sheet

Annual

usdY, 2009Y, 2010Y, 2011Y, 2012FY, 2012Y, 2013FY, 2013Y, 2014FY, 2014

Cash

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

Accounts Receivable

59.2m109.1m101.3m

Prepaid Expenses

2.0m4.2m3.9m

Inventories

4.2m3.9m

Current Assets

198.6m212.9m212.9m155.0m155.0m

PP&E

6.9m12.7m12.7m27.2m27.2m

Goodwill

1.3m135.5m135.5m139.0m139.0m

Total Assets

208.4m419.6m419.6m357.6m357.6m

Accounts Payable

3.8m7.6m7.6m10.5m10.5m

Short-term debt

451.0k

Current Liabilities

44.4m82.3m82.3m92.9m92.9m

Long-term debt

Total Debt

451.0k

Total Liabilities

44.7m84.1m99.0m

Common Stock

79.0k106.0k139.0k

Additional Paid-in Capital

213.8m400.7m400.7m473.2m473.2m

Retained Earnings

(50.0m)(65.2m)(65.2m)(214.2m)(214.2m)

Total Equity

163.8m335.5m335.5m258.6m258.6m

Financial Leverage

1.3 x1.3 x1.3 x1.4 x1.4 x

Millennial Media Cash Flow

Annual

USDFY, 2012FY, 2013FY, 2014

Net Income

(5.4m)(15.1m)(149.1m)

Depreciation and Amortization

2.4m5.9m16.7m

Accounts Receivable

(25.8m)(28.1m)18.3m

Accounts Payable

2.9m(4.7m)563.0k

Cash From Operating Activities

(2.5m)(21.4m)(10.2m)

Purchases of PP&E

(5.3m)(5.1m)(18.1m)

Cash From Investing Activities

(5.3m)(3.1m)(40.5m)

Short-term Borrowings

(4.0m)

Long-term Borrowings

(10.4m)

Cash From Financing Activities

128.5m(13.5m)1.2m

Net Change in Cash

120.7m(38.2m)(49.8m)

Interest Paid

17.0k53.0k

Income Taxes Paid

59.0k

Millennial Media Employee Rating

3.372 votes
Culture & Values
3.3
Work/Life Balance
3.5
Senior Management
2.9
Salary & Benefits
3.2
Career Opportunities
3.1
Source