Remark Media is a digital media company that specializes in creating technology platforms and user interfaces that combine content with social media. The Company owns and operates the international versions of HowStuffWorks in China and Brazil, and is the digital publisher for certain content from World Book in China. Remark Media is a founding partner of Sharecare, a searchable social Q&A healthcare platform organizing and answering the questions of health. The Company also provides client services including strategic counsel, concept, and design, content production, technology development, implementation, project management, and analytics. 

Type
Public
HQ
Las Vegas, US
Founded
2009
Size (employees)
280 (est)
Remark Media was founded in 2009 and is headquartered in Las Vegas, US
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Key People/Management at Remark Media

Kai-Shing Tao

Kai-Shing Tao

Chairman & CEO
Joshua Fruhlinger

Joshua Fruhlinger

Content
Bradley T. Zimmer

Bradley T. Zimmer

COO & General Counsel

Remark Media Office Locations

Remark Media has offices in Las Vegas, Atlanta and San Francisco
Las Vegas, US (HQ)
3930 Howard Hughes Pkwy,
Atlanta, US
Five Concourse Parkway
San Francisco, US
3024 Geary Blvd
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Remark Media Financials and Metrics

Remark Media Financials

Remark Media's revenue was reported to be $59.33 m in FY, 2016 which is a 317% increase from the previous period.
USD

Revenue (FY, 2016)

59.3 m

Revenue growth (FY, 2015 - FY, 2016), %

317%

Gross profit (FY, 2016)

48.2 m

Gross profit margin (FY, 2016), %

81.2%

Net income (FY, 2016)

(31.7 m)

EBIT (FY, 2016)

(22.6 m)

Market capitalization (25-May-2018)

153.7 m

Closing share price (25-May-2018)

4.7

Cash (30-Jun-2017)

7.2 m
Remark Media's current market capitalization is $153.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2 m1.8 m14.2 m59.3 m

Revenue growth, %

(10%)674%317%

Cost of goods sold

1.9 b11.2 m

Gross profit

(1.8 b)48.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014

Sales and marketing expense

38.3 k75.3 k33.2 k142 k

General and administrative expense

903.6 k3.9 m1.9 m2.3 m

Operating expense total

1.2 m4.2 m5.3 m4.4 m

EBIT

(1 m)(3.5 m)(4.6 m)(4.1 m)
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.3 m1.5 m5.4 m6.9 m

Accounts Receivable

41 k1.4 m

Inventories

358.3 k

Current Assets

1.7 m2.3 m18.4 m21.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

415.3 k1.4 m2.3 m219 k2.6 m844 k11.5 m10.3 m8 m5.3 m8.6 m7.2 m

Accounts Receivable

119.7 k258.7 k30.2 k30.4 k

Current Assets

1.6 m3.1 m4.1 m1.8 m4.3 m1.8 m26.3 m23.9 m21.5 m19.3 m23.1 m21.1 m

PP&E

448.6 k319.5 k260.3 k723.2 k1.8 m2.2 m7.5 m7.6 m16.5 m16.3 m15 m14.6 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(7 m)(18.2 m)(31.4 m)(31.7 m)

Depreciation and Amortization

666.4 k767 k3.3 b10.3 m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(1.3 m)(3.8 m)(5.3 m)(3.7 m)

Depreciation and Amortization

121.3 k134.1 k164.5 k229.9 k

Accounts Payable

354.8 k774.9 k2.1 m1.5 m11.3 m13 m12.3 m12.6 m10.9 m
USDY, 2017

Financial Leverage

-20.8 x
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Remark Media News and Updates

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