ReachLocal revenue was $382.60 m in FY, 2015 which is a 19.4% year over year decrease from the previous period.

## Founding Date | 2004 |

## Total Funding | $102.3 m |

## Investors | Rho Capital Partners, VantagePoint Capital Partners, Galleon Special Opportunities Partners |

In total, ReachLocal had raised $102.3 m. ReachLocal is a subsidiary of Gannett

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 |
---|---|---|---|---|---|

## Revenue | 375.2m | 455.4m | 1.1m | 474.9m | 382.6m |

| (8%) | (19%) | |||

## Cost of goods sold | 190.6m | 227.3m | 256.5m | 252.7m | 213.4m |

## Gross profit | 184.7m | 228.0m | (255.3m) | 222.2m | 169.2m |

| 49% | 50% | (23045%) | 47% | 44% |

## Sales and marketing expense | 139.9m | 167.4m | 182.9m | 182.7m | 127.0m |

## R&D expense | 15.6m | 19.8m | 22.2m | 27.5m | 28.4m |

## General and administrative expense | 33.3m | 40.5m | 46.4m | 52.2m | 39.3m |

## Operating expense total | 188.8m | 227.7m | (261.5m) | 268.3m | 230.1m |

## EBIT | (4.2m) | 347.0k | 6.2m | (46.1m) | (60.9m) |

| (1%) | 0% | 556% | (10%) | (16%) |

## Pre tax profit | (3.2m) | 922.0k | 6.8m | (45.2m) | (61.1m) |

## Income tax expense | 735.0k | 1.2m | 3.7m | 484.0k | 369.0k |

## Net Income | (10.2m) | (232.0k) | (2.5m) | (45.0m) | (61.5m) |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 |
---|---|---|---|---|---|

## Cash | 84.5m | 92.3m | 79.7m | 43.7m | 18.8m |

## Accounts Receivable | 4.2m | 5.7m | 9.7m | 7.8m | 6.3m |

## Prepaid Expenses | 9.2m | 9.0m | 8.7m | 9.6m | 8.3m |

## Current Assets | 98.6m | 110.1m | 103.4m | 62.1m | 33.8m |

## PP&E | 9.9m | 11.1m | 12.9m | 19.6m | 13.6m |

## Goodwill | 41.8m | 42.1m | 42.1m | 48.2m | 20.1m |

## Total Assets | 166.4m | 185.7m | 186.0m | 173.1m | 122.2m |

## Accounts Payable | 29.8m | 35.3m | 37.0m | 44.9m | 33.6m |

## Short-term debt | 624.0k | 698.0k | |||

## Current Liabilities | 81.1m | 99.8m | 103.7m | 106.8m | 94.4m |

## Long-term debt | 1.1m | 484.0k | |||

## Total Debt | 1.7m | ||||

## Total Liabilities | 84.2m | 103.8m | 107.6m | 120.1m | 124.2m |

## Common Stock | 28.3m | 29.3m | |||

## Additional Paid-in Capital | 108.9m | 110.6m | 111.9m | 132.1m | 140.4m |

## Retained Earnings | (26.2m) | (27.1m) | (29.6m) | (74.6m) | (136.1m) |

## Total Equity | 82.3m | 81.9m | 78.4m | 52.9m | (2.0m) |

## Financial Leverage | 2 x | 2.3 x | 2.4 x | 3.3 x | -61.5 x |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 |
---|---|---|---|---|---|

## Net Income | (10.2m) | (232.0k) | (61.5m) | ||

## Depreciation and Amortization | 10.3m | 13.8m | 15.1m | 17.4m | 19.7m |

## Accounts Receivable | (1.1m) | (1.4m) | (6.3m) | (460.0k) | 703.0k |

## Accounts Payable | 7.1m | 12.9m | 8.0m | 9.1m | (9.2m) |

## Cash From Operating Activities | 19.0m | 42.4m | 26.7m | (2.3m) | (20.1m) |

## Purchases of PP&E | (12.4m) | (16.3m) | (19.7m) | (25.7m) | (13.9m) |

## Cash From Investing Activities | (12.8m) | (24.6m) | (24.8m) | (35.3m) | (13.8m) |

## Long-term Borrowings | (259.0k) | (752.0k) | |||

## Cash From Financing Activities | (973.0k) | (9.2m) | (11.1m) | 6.1m | 12.9m |

## Net Change in Cash | 4.6m | 7.8m | (12.6m) | (33.8m) | (24.9m) |

## Income Taxes Paid | 151.0k | 1.0m | 3.5m |

USD | Q2, 2011 |
---|---|

## Financial Leverage | 1.9 x |