Telaria revenue was $68.04 m in FY, 2019

## Founding Date | 2005 |

## Total Funding | $116.4 m |

## Investors | Canaan Partners, DFJ Growth, Masthead Venture Partners, Meritech Capital Partners, SV Angel, Sapphire Ventures, W Capital Partners, Triangle Peak Partners, Threshold, Global Founders Capital |

In total, Telaria had raised $116.4 m. Telaria is a subsidiary of Magnite

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|

## Revenue | 131.8m | 159.5m | 173.8m | 166.8m | 43.8m | 55.2m | 68.0m |

| 21% | 9% | (4%) | (74%) | 26% | ||

## Cost of goods sold | 77.9m | 101.7m | 99.3m | 90.5m | 3.4m | 6.8m | 13.6m |

## Gross profit | 53.9m | 57.8m | 74.6m | 76.3m | 40.4m | 48.3m | 54.4m |

| 41% | 36% | 43% | 46% | 92% | 88% | 80% |

## Sales and marketing expense | 38.5m | 48.9m | 48.4m | 28.1m | 25.4m | 25.5m | |

## R&D expense | 11.6m | 20.2m | 21.0m | 8.6m | 9.9m | 11.1m | |

## General and administrative expense | 11.0m | 17.3m | 17.0m | 20.2m | 20.2m | 29.2m | |

## Operating expense total | 67.4m | 117.3m | 96.9m | 61.6m | 59.4m | 67.3m | |

## Depreciation and amortization | 6.3m | 6.7m | 8.3m | 9.2m | 4.6m | 3.7m | 1.5m |

## EBIT | (13.5m) | (23.2m) | (42.8m) | (20.6m) | (21.2m) | (11.1m) | (12.9m) |

| (10%) | (15%) | (25%) | (12%) | (48%) | (20%) | (19%) |

## Interest expense | 127.0k | 4.0k | 10.0k | 129.0k | 268.0k | 89.0k | |

## Pre tax profit | (13.3m) | (23.1m) | (42.7m) | (20.8m) | (20.0m) | (9.2m) | (8.5m) |

## Income tax expense | 206.0k | 343.0k | 483.0k | 116.0k | (347.0k) | (10.0k) | 476.0k |

## Net Income | (13.5m) | (23.5m) | (43.2m) | (20.9m) | 2.2m | (9.4m) | (9.0m) |

- Source: SEC FIlings

- Source: SEC FIlings

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|

## Cash | 92.7m | 77.8m | 59.9m | 43.2m | 76.3m | 47.7m | 54.2m |

## Accounts Receivable | 41.5m | 46.8m | 70.8m | 59.3m | 104.4m | 157.3m | |

## Prepaid Expenses | 1.9m | 1.6m | 3.7m | 2.5m | 3.4m | 4.6m | |

## Inventories | 2.4m | ||||||

## Current Assets | 136.1m | 126.3m | 134.4m | 124.6m | 138.1m | 155.4m | 216.1m |

## PP&E | 3.4m | 5.6m | 10.1m | 3.2m | 2.8m | 2.0m | |

## Goodwill | 29.7m | 29.7m | 10.8m | 10.8m | 6.3m | 9.5m | 9.4m |

## Total Assets | 190.6m | 178.0m | 168.1m | 154.2m | 150.4m | 174.7m | 256.9m |

## Accounts Payable | 32.3m | 37.3m | 58.7m | 64.7m | 59.4m | 110.0m | 168.8m |

## Short-term debt | 15.3m | 20.1m | 24.5m | 5.5m | |||

## Current Liabilities | 32.8m | 37.3m | 60.2m | 68.4m | 61.0m | 113.2m | 174.7m |

## Long-term debt | 24.0m | ||||||

## Total Debt | 15.3m | 20.1m | 24.5m | 29.5m | |||

## Total Liabilities | 33.5m | 38.2m | 66.7m | 75.7m | 67.3m | 120.3m | 200.1m |

## Common Stock | 5.0k | 5.0k | 5.0k | 5.0k | 4.0k | 4.0k | |

## Additional Paid-in Capital | 267.8m | 274.1m | 279.1m | 283.5m | 288.3m | 293.2m | 304.8m |

## Retained Earnings | (110.9m) | (134.4m) | (177.7m) | (198.6m) | (196.5m) | (205.8m) | (214.8m) |

## Total Equity | 157.0m | 139.8m | 101.4m | 78.5m | 83.1m | 54.4m | 56.8m |

## Financial Leverage | 1.2 x | 1.3 x | 1.7 x | 2 x | 1.8 x | 3.2 x | 4.5 x |

- Source: SEC FIlings

- Source: SEC FIlings

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|

## Net Income | (13.5m) | (23.5m) | (43.2m) | (20.9m) | (19.7m) | (9.0m) | |

## Depreciation and Amortization | 6.3m | 6.7m | 11.7m | 9.2m | 3.7m | 1.5m | |

## Accounts Receivable | (5.4m) | (5.4m) | (22.7m) | (8.3m) | (19.9m) | (43.3m) | (53.6m) |

## Accounts Payable | 9.6m | 5.9m | 20.2m | 6.7m | 13.8m | 48.8m | 59.4m |

## Cash From Operating Activities | 882.0k | (11.0m) | (8.0m) | (7.1m) | (9.9m) | 1.8m | 2.3m |

## Purchases of PP&E | (2.7m) | (4.0m) | (7.7m) | (2.9m) | (1.1m) | (2.7m) | (161.0k) |

## Cash From Investing Activities | (2.1m) | (4.0m) | (9.4m) | (2.9m) | 45.9m | (7.5m) | (202.0k) |

## Short-term Borrowings | (6.0m) | ||||||

## Long-term Borrowings | (214.0k) | ||||||

## Dividends Paid | |||||||

## Cash From Financing Activities | 61.5m | 202.0k | (386.0k) | (6.3m) | (3.3m) | (22.5m) | 4.4m |

## Net Change in Cash | 60.3m | (14.8m) | (17.7m) | (16.3m) | 32.8m | (28.2m) | 6.4m |

## Interest Paid |

- Source: SEC FIlings

- Source: SEC FIlings

USD | Q2, 2013 |
---|---|

## Financial Leverage | -2 x |