Slide 1: Local Corporation
1 …………………………..……………………………………. Local Corporation Exhibit 99.1
Slide 2: Key Takeaways from Q1'13
2 ……………………………………………………. Key Takeaways from Q1’13 • Sequential revenue growth from $20.9 million in Q4 to $21.8 million in Q1, up 4% • Margin expansion drove positive cash flow from operations one quarter ahead of schedule • Record traffic: » Overall traffic on the site and network was a record 106 m
Slide 3: Financials and Key Metrics at a Glance
3 $ in Millions Q1-13 Q4-12 Q1-12 …………………………….…. Financials and Key Metrics at a Glance GAAP Consolidated Revenue $ 21.8 $ 20.9 $ 25.0 Consolidated Revenue ex-Network TAC $ 17.6 $ 17.2 $ 23.5 GAAP Net Loss $ (3.4) $ (7.9) $ (3.2) Adjusted EBITDA $ 0.6 $ (0.9) $ 0.0 Diluted GAAP net loss per share $
Slide 4: Consolidated Quarterly Revenues
4 ……….…………………………….. Consolidated Quarterly Revenues % of Total Revenue Ex-Network TAC by Business Unit Quarterly Revenues Ex-Network TAC by Business Unit
Slide 5: MUV
5 ……….…………………………………………………………………….. MUV - RKV
Slide 6: Network Revenue ex-TAC Trends
6 ………………………………………. Network Revenue ex-TAC Trends NETWORK REVENUE EX-TAC
Slide 7: Reconciliation of Adjusted EBITDA to GAAP Net Income (Loss)
7 ……………………………………………………. Reconciliation of Adjusted EBITDA to GAAP Net Income (Loss)
Slide 8: Key Balance Sheet Metrics
8 $ in Millions Q1-12 Q2-12 Q3-12 Q4-12 Q1-13 ……………………………………………………. Key Balance Sheet Metrics Assets Cash & marketable debt securities $ 6.8 $ 7.1 $ 3.7 $ 3.7 $ 3.1 Accounts receivable, net 12.9 12.9 11.4 10.6 10.7 Total Assets 72.2 65.6 58.8 49.9 49.1 Liabilities and Equity Total Debt 8.0 8.0 7.6 1
Slide 9: Business Outlook
9 $ in Millions FY-2013 …………………………………………………………..………. Business Outlook Total Revenue $93 - Adjusted EBITDA $5.0 Projected as of May 9, 2013
Slide 10: Use of Non-GAAP Measures
10 …………………………………………………. Use of Non-GAAP Measures