Slide 1: Q1 2014 Quarterly Earnings Summary
Exhibit 99.2 Quarterly Q1 2014 Earnings Summary
Slide 2: Forward-Looking Statements
Forward that The the are company This Quarterly non-GAAP. detailed negatives statements forward Q1-2014 document looking disclaims Earnings inlooking thereof. Quarterly the which includes statements company’s Summary: any statements These areobligation the Earnings notnon-GAAP forward strictly filin
Slide 3: Key Takeaways
Key Mobile Financials Growth Q1 RKV Ended Reached 2014 We Launched Released Note: do 3Q uarterly report revenue Network O&O now Takeaways guidance: of Since Q1$189 expect Q1 version GAAP revenue Earnings nFuseTM Mobile with of we revenue up $26.2M $3.7M cannot Revenue performance results. 6% 1.5 Dis
Slide 4: Financials at a Glance
$Financials GAAP Adjusted Net Diluted Cash Ending Quarterly 4Note: in Loss Millions $An Revenue 3.71 Employees Adjusted GAAP weighted $EBITDA explanation Earnings and (2.8) $Q1-14 5.07 Key net $EBITDA avg 26.2 (1.7) loss $81 Summary: Metrics Q4-13 0.7 3.07 of shares 88 $per $the $26.8 95 (3.4) 1.4 p
Slide 5: Revenue per Visitor and Monthly Unique Visitors
$285100.8 $299 $200 $215 $230 $180 93.6 Q1-12 120.00 $350.00 MUV 5Quarterly $276 $189 $178 -Q2-12 RKV 100.00 RKV $300.00 Earnings 101.0 Q3-12 80.00 100.0 $250.00 Summary: Q4-12 60.00 106.2 $200.00 40.00 Q1-13 93.4 Q120.00 2014 80.0 $150.00 Q2-13 80.4 0.00 Q3-13 $100.00 71.6Q4-13 $50.00 Q1-14 0.00
Slide 6: Network Revenue Trends
Upin78% $16 $Q1-12 Network 6Quarterly $14 Millions Q2-12 $12 from Revenue Earnings $10 Q1-12 Q3-12 $8 Trends $4.2 Summary: Q2-12 $6 Q4-12 $4.1 $4 $2 Q3-12 Q1-13 $5.0 $0 Q1$7.6 2014 Q4-12 Q2-13 $8.3 Q1-13 Q3-13 $11.6Q2-13 Q4-13 $14.5 Q3-13 Q1-14 $16.1 $14.8 Q4-13 Q1-14
Slide 7: Quarterly Revenue by Business Unit
%inofMillions $30.0 $24.3 $26.7 $24.4 $20.5 $21.5 $22.7 $23.4 $26.8 $26.2 100% 17% 15% 20% 37% 39% 51% 62% 60% 56% $Q1-12 Network O&O Consolidated 7Quarterly 83% 80% 63% 61% 49% 38% 40% 44% Total Network $ $25.0 $4.2 $4.1 $5.0 $7.6 $8.3 $11.6 $14.5 $16.1 $14.8 80% Q2-12 20.1 $Earnings Revenues Reven
Slide 8: Mobile Traffic
Mobile 35M Q1-12 50% 12M Quarterly 40% 30M 19M Q2-12 Traffic Earnings 30% 25MQ3-12 20% 15MSummary: 25M 10% Q4-12 10M0% 32M 5M 34M Q1-13 Q1 032M31M 2014 Q2-13 Q3-13 23M Q4-13 Q1-14
Slide 9: Adjusted EBITDA Reconciliation
Reconciliation Net Description Adjusted Plus Less GAAP *As Note: do 9Quarterly report Income of gain revaluation interest provision amortization depreciation stock-based LEC net Geo-Tag non-recurring Since Net May loss EBITDA GAAP on Earnings receivable income FY-09 (Loss) we 2014 sale and from sett
Slide 10: Key Balance Sheet Metrics
$Key Cash Assets Accounts Liabilities Total Quarterly 10in Millions Balance Assets & Debt Liabilities marketable receivable, Earnings and 9.0 49.1 Sheet Q1-13 12.6 Equity 22.8 &50.4 Equity Metrics Summary: debt 13.1 Q2-13 27.1 net 51.4 securities 13.2 10.7 $29.7 Q3-13 51.6 49.1 14.0 13.4 Q1 31.3 50.
Slide 11: Projected Outlook FY-2014
$Business Total Adjusted Per Diluted Projected Note: do Quarterly 11inreport Diluted Millions Revenue We Since Weighted Outlook EBITDA GAAP now as Earnings Share we of FY-2014 expect $103M May cannot results. Avg. $0.13 $3.0M Summary: 8,performance –predict 2014 Shares –An 107M $0.17 – explanation 4
Slide 12: Use of Non-GAAP Measures
Use This amortization; related Management company’s receivables operations. A management investors the financial Quarterly 12 limitation most company. of document Non-GAAP charges; comparable results. with Earnings cash Management reserve, of compensates believes While stock an non-GAAP includes acc