Local,inc. · TSE:470A

Local,inc — Q4 2014 Earnings Presentation

13 slides from Local,inc's earnings presentation, Feb 27, 2015

  1. Slide 1: Quarterly Earnings Summary

    Exhibit 99.2 Exhibit 99.2 Quarterly Earnings Summary

  2. Slide 2: Forward-looking statements

    Forward that The the statements. as This Quarterly non-GAAP. ofnegatives statements forward Q4-2014 document the date looking earnings Those looking thereof. first Quarterly which includes statement risks set summary: statements forth These are and the Earnings not above uncertainties non-GAAP forwa

  3. Slide 3: Key Highlights Q4

    Keyreport Highlights Q4 Ended Financials 2015 Launched Milestones programmatic Audience Note: do Quarterly Adjusted revenue takeaways guidance: Since Q4GAAP earnings engagement nQueryTM with of we EBITDA media $16.3M, $2.4M cannot Revenue results. summary: strategy into $238K, metrics in predict FY-

  4. Slide 4: Financials

    $Financials GAAP Adjusted Net Diluted Cash Ending Note: Quarterly in Loss Millions2 $An Revenue 2.44 Employees Adjusted GAAP weighted $EBITDA explanation earnings &(0.0) $key 4.31 Q4-14 net $EBITDA metrics avg 16.3 (1.3) loss summary: $700.2 5.07 Q3-14 of shares 84 $per $the $18.1 at 88 (1.7) $0.4 p

  5. Slide 5: Local.com quarterly revenue trends

    $230 $215 Local.com Muv—rkv 100.0 Quarterly 106.2 earnings $203.8 93.4 80.0 $201.1 summary: 80.4$199.5 71.6 Q472.6 2014 $180.3 65.5 5 $189.3 58.7 $178 $186.4

  6. Slide 6: Mobile Quarterly traffic

    Mobile 40% 36% 32% 25% 28% 25.4 Quarterly 31.9 39% 37% 30% 25%traffic 33.7 earnings 32.0summary: 31.0 23.1 Q4 20.62014 16.6621.5

  7. Slide 7: Network Quarterly revenue

    Network 7.6 Quarterly 8.3 11.6 revenue earnings 14.5 16.1 trends summary: 14.8 9.9Q4 6.42014 7.8 7

  8. Slide 8: Consolidated, Network and O&O revenue by business unit

    Consolidate $26.8 $22.7 $23.5 36% 39% $5.0 $20.6 $16.1 62% $11.6 $18.1 $8.3 63% 64% $7.8 $6.4 $7.6 $13.2 56% $11.1 $12.9 $8.9 Network O&O Consolidated Quarterly in Millions 56% $14.5 $10.7 48% 61% $9.9 $11.4 $12.6 $26.2 $22.5 $21.5 $14.8 12.9 $earnings Revenues 52% 7.6 $16.3 $8.5 $11.7 37% 51% 49%

  9. Slide 9: Adjusted EBITDA Reconciliation

    Reconciliation Description Adjusted Plus Less GAAP *As Note: We, Quarterly therefore, of gain revaluation interest provision amortization depreciation stock-based LEC net Geo-Tag non-recurring Since Net February loss EBITDA on earnings receivable income FY-09 we sale and from settlement cannot of fo

  10. Slide 10: Key Balance Sheet Metrics

    $Key Cash Assets Accounts Liabilities Total Quarterly in Millions balance Assets & Debt Liabilities marketable receivable, earnings and 12.7 51.6 sheet Q4-13 Equity 14.3 31.3 & 50.7 metrics Equity summary: debt Q1-14 12.3 32.8 net 47.7 securities 17.3 11.3 $31.2 Q2-14 40.1 51.6 Q4 18.2 9.5 24.7 38.1

  11. Slide 11: Business Outlook FY-2015

    $Business Total Adjusted Per Diluted Projected Note: We, Quarterly in Diluted Millions therefore, Revenue Since Weighted outlook EBITDA as earnings Share we of FY-2015 cannot $82M February cannot Avg. $0.13-$0.17 summary: $3.0M –provide predict Shares 86M 27, – 4.0M 2014 Q4 GAAP 24,000 the2014 valua

  12. Slide 12: Use of Non-GAAP Financial Measures

    Use This income charges. Free GAAP. company’s operations, uses Management property strengthening Therefore, provides potential A in evaluating While results. Quarterly limitation theof Adjusted cash press cash the non-gaap A The (expense), Adjusted and investors of reconciliation flow earnings GAAP

  13. Slide 13: Thank You

    THANK Fred Chairman fred@local.com Local Quarterly Thiel Corporation YOU earnings & Ken CEOCragun kcragun@local.com CFO |summary: 7555 Irvine Q4Center 2014 13 Drive | Irvine CA 92618 | 949.784.0800 | www.localcorporation.com

Local — Q4 2014 Earnings Presentation on 6ix