Slide 1: Local Corporation Corporate Overview Q2 2014
Exhibit 99.1 Local corporation Corporate Overview Q2 2014
Slide 2: Forward-Looking Statements
Forward 21-E management expectations services, “expect”, uncertainties and statements. gain related comparable effects expense, business that EBITDA performance, the GAAPcompany Exchange often or ofof measures to loss the looking operations. and capital in period-to-period “anticipate”, ahave Adjust
Slide 3: Who we are
Whoconnect Headquarters and we are with Founded/IPO Irvine, the CA products Employees 1999/2004 and businesses ~90 Ticker Current LOCM theyfinancial want (NASDAQ) andmomentum need Revenue through Investing our CAGR innovative for31% growth from technology (Adjusted 2006 to and 2013 EBITDA) network F
Slide 4: Multiple reasons to invest
Multiple for listed multi-screen within avenues Stores expansion toTop value 100, Structured Untapped excluding for IPgrocery portfolio growthandReasons ready restaurant fortomonetization invest: retailers Strong Corporate Shift profitable in focus Overview core to Enterprise business Q2 2014with sa
Slide 5: Convergence of online and offline content
Convergence will begin on of thecontent internetanywhere 95% of smartphone anytime, seamlessly users haveacross searched devices for local Unified information online to Source: offline consumer Forrester, experience 2011 Corporate 80% Overview of purchases Q2occur 2014 within 5 a 3-mile radius of ho
Slide 6: Discovery and insights connecting consumers with products
Discovery +insights behavioral data = Reaching value Innovative consumers technology across all connecting devices Corporate consumersOverview with products Q2 2014 and6services Owned & Operated sites & Network High-intent consumers across our properties provide enormous
Slide 7: Leading partners in the industry
Leading partners in the industry Corporate Overview Q2 2014 7
Slide 8: Owned & Operated sites
OwnedCorporate source & Operated Overview attracts high Q2 2014 intent8 consumers Monetization from clicks on search ads and impressions on display ads 20 Million monthly unique visitors Ad types: Search Display Video = Revenue
Slide 9: Search offers consistent, upward growth
Search offers Corporate Overview consistent, Q2 2014 upward 9 growth Online search Mobile search Source: eMarketer, 2014 Mobile and local are the fastest growing segments Mobile traffic represents 32% of our total overall traffic
Slide 10: Owned & Operated trends
Owned & Operated trends O&O MUV – RKV (including mobile) Annual mobile traffic (UVs) Corporate Overview Q2 2014 10
Slide 11: Network grows with innovative ad formats
Network grows Overview Q2 2014 with11innovative ad formats Monetization from clicks, calls and impressions on search, pay-per-call and display ads Ad types: Display Search Pay-Per-Call Video = Revenue source Corporate
Slide 12: More advertising dollars shifting online
More advertising Q2 2014 ad dollars 12spendare expected shiftingover to online the next Newer 4 years ad formats Leadingdrive ad formats growthVideo Total online Nativeadvertising Mobile RichMobile interactive display Online advertising search Source: Source: Borrell Borrell Associates, Associates,
Slide 13: Continued strong Network revenue growth
Continued Up 78% from strong Q1-2013 Network In the revenue last seven growth quarters, AdditionNetwork of newrevenue ad technology has Grown and partners over 3.5xServing Corporate more Overview than 3 Billion Q2 2014monthly 13 impressions Network Revenue $4.2 $4.1 $5.0 $7.6 $8.3 $11.6 $14.5 $16.1
Slide 14: Krillion purchase
Krillion purchase 100 Top U.S. 100,isretailers* excluding both the shopping online Over grocery anddata 120,000 in-store, and standard restaurant national as well Our as and vision: retailers gain regional further Create Corporate retailer insights a newOverview stores standard from3 consumer millio
Slide 15: Uniquely positioned to enable local shopping
Uniquely 2014. users conduct Source: positioned local Deloitte searches to Digital, enableonlocal 2013 theirshopping /devices MIT OurFocus Offline customer onretail hours, value influence directions proposition Over & availability $1 answers trillion3inkey Corporate retail questions: sales Overview
Slide 16: Krillion addressable market
Krillion 4.5% Marketing Newaddressable Spending research service introductions &market Total intelligence market U.S.0.1% retail spending 0.8%Marketing industry Marketing -4.7%ad(nonsales) Digital spending consulting marketing hires (Billions) services -0.6% spending Source: -0.6% Integrating Corpor
Slide 17: Experiences powered by Krillion
Experiences Q2 2014 17 powered by Krillion Krillion’s dynamic platform powers innovative solutions for retailers & brands across multiple channels Product search Solution Where-to-buy solution Corporate Overview
Slide 18: Interactive mobile ad features
Interactive mobile Corporate features Overview ad content Maps,Q2 to tap2014 consumers to call, 18 and at calendar preciselyreminders the time they Localized need itcontent Highly Store interactive availability, Animation, offersrolling and pricing text and 24%image performed carousels secondary Loc
Slide 19: Monetize IP portfolio
Monetize advice Transferring value from of their IPthe portfolio patents own technology, counsel into Positive dedicated and regarding claim better IPconstruction manage holding the scope and subsidiary ofruling measure any domestic The Structure performance patent orprovides foreign descriptions an
Slide 20: Strong financial fundamentals and 2014 guidance
Strong financial Revenue Adjusted between EBITDA fundamentals $103M to GAAP andnet $107M, Investing incomeand for Corporate Adjusted growth Overview Notable EBITDA accomplishments: Q2 between 2014 $3M 20 andEnded $4M We Q1 with now $3.7M expect performance in total cash Reached to be at the Q1high r
Slide 21: 2014 revenue by business segment
2014 % Margin Owned 37% 51% 55,000,000 Network *All 26% 100% $107,000,000 15% 49% 52,000,000 21 of 2014 2014 financial Revenue & % Operated figures Revenue targets are estimates by business segment
Slide 22: Improving financials, evolving model
Improving Evolving Multiple Investing (Adjusted Stabilize Note: *Estimate 22 Seegrowth Execute model for reconciliation EBITDA) financials growth remains drivers GROWof strong Adjusted EBITDA to GAAP net income at presentation end.
Slide 23: 1Q14 Key Accounts and Capitalization
1Q14 Key Accounts $3,711 Cash 18,219 50,722 Total 14,002 Stockholders 32,341 (In Capitalization 17,669 Common 3/31/2014 Convertible 23,227 Options 2,488 Warrants 3,855 Fully 31 RSUs 766 Additional 30,367 I.As II.Total III.In 23 Thousands) Balance of Assets April Debt Liabilities Diluted Balance Marc
Slide 24: Executive team and Board
Executive Fred Chairman Board GameSpy Ken 25+ CFO SVP, CFO, CPA, Scott General 15 EVP 24 years years Cragun Thiel and MIVA Reinke Big Modtech ImproveNet Member/Senior Counsel experience Gen. 4experience & Industries leadership Experience CEO Counsel, CEO, team Advisor Emerging Lantronix to public Me
Slide 25: Multiple reasons to invest
Multiple Reasons Strong Growing Innovative Untapped Shift Improving *Based 25 inprofitable on focus to avenues partners IP the financial Krillion invest: portfolio to top Enterprise core to and U.S. shopping value performance products ready business product Structured sales for data with retailers m
Slide 26: Thank you
ThankThiel Fred Chairman Local fred@local.com www.localcorporation.com Corporation you& CEO | 7555 Irvine Ken Center CragunDrive CFO |kcragun@local.com Irvine CA 92618 | 949.784.0800
Slide 27: Appendix
Appendix
Slide 28: Peer Valuation
Price Symbol Company 2014E (in Market Blucora, BCOR ReachLocal, 1.1 RLOC Angie’s ANGI Marchex, MCHX Autobytel, 2.3 ABTL Yelp, 0.9 YELP Travelzoo 10.1 TZOO 1.6 XOXO Demand 1.8 DMD Web.com 4.0 WWWW Local Average 2.7 $LOCM 28 0.4 17.07 720.9 656.0 7.08 198.9 509.0 10.23 597.9 328.0 10.68 392.7 171.0 11
Slide 29: Reconciliation: Adjusted EBITDA to GAAP net income
Reconciliation: Adjusted FY-14* FY-13 FY-12 FY-11 FY-10 FY-09 Description $4,000 $4,533 $777 $3,247 $13,775 $3,041 (1,700) (2,321) (425) (413) (275) (27) (200) (139) (111) (178) (102) (158) (900) (912) (3,611) (4,864) (5,734) (2,524) (4,000) (3,896) (3,658) (3,182) (1,418) (734) Less (800) (1,619) (
Slide 30: Use of Non-GAAP Financial Measures
Use This depreciation; receivables net Management on expense, company’s A Therefore, EBITDA future provide (loss) 30 limitation the income of document per earnings company’s non-GAAP greater LEC provides share. management business (loss) reserve; ofamortization; believes receivables non-GAAP include