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Millennial Media Inc. (MM)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08
   10-K10-K10-K10-K10-KS-1/AS-1
Revenue  296.2259.2177.7103.747.816.76.3
            Revenue growth  14.3%45.9%71.4%116.8%187.2%165.1% 
Cost of revenue  179.8154.8105.763.631.611.6 
    Gross profit  116.4104.471.940.116.24.6 
            Gross margin  39.3%40.3%40.5%38.7%33.9%27.8% 
   
Operating expenses:         
Sales and marketing  53.638.723.814.38.54.6 
Technology and development  29.519.013.65.22.21.1 
General and administrative  88.661.939.021.312.56.3 
    Total operating expenses  265.2119.576.481.623.212.0 
    Loss from operations  -148.8-15.1-4.5-0.7-7.0-7.4 
            Operating margin  -50.2%-5.8%-2.5%-0.7%-14.6%-44.5% 
   
Other expense         
Interest expense, net  -0.1-0.1-0.10.00.00.1 
    Total other expense  -0.10.1-0.9-0.1-0.1-0.1 
    Loss before income taxes  -148.9-15.2-5.4-0.8-7.1-7.6 
Income tax expense  0.20.00.1-0.5   
    Net loss  -149.1-15.1-5.4-0.3-7.1-7.6 
   
    Net loss attributable to common stockholders         
Net loss per share:         
Basic and diluted (in dollars per share)  ($1.36)($0.18)($0.11)($0.32)($0.56)($0.56) 
   
Weighted average common shares outstanding:         
Basic and diluted (in shares)  109.684.061.016.418.016.8 
   
Stock-based compensation expense included above:         
Stock-based compensation expense  13.69.07.51.80.40.2 

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