Marchex Reports $1,6 Million in Domain Name Sales
Marchex announced its financial results for the Q3 2014. The report revealed that the company managed to sell $1,6 million in domain names.
Q3 2014 Financial Highlights1
- GAAP revenue was $49.2 million for the third quarter of 2014, compared to $40.6 million for the third quarter of 2013. Non-GAAP revenue2, which excludes domain sales recorded in revenue, was $47.6 million for the third quarter of 2014.
- GAAP net loss from continuing operations was $21.8 million for the third quarter of 2014, which includes the effect of a non-cash charge to income tax expense of $22.3 million for a valuation allowance on our deferred tax assets, compared to GAAP net income from continuing operations of $598,000 for the third quarter of 2013.
- GAAP net loss from continuing operations attributable to common stockholders per diluted share was $0.53 for the third quarter of 2014. This compares to GAAP net income from continuing operations attributable to common stockholders per diluted share of $0.02 for the third quarter of 2013.
Q3 2014 Q3 2013
GAAP Revenue $ 49.2 million $40.6 million
Non-GAAP Results:
Non-GAAP Revenue 2, 5, 6 $47.6 million $39.7 million
Call-Driven and Related Revenue6 $46.4 million $35.7 million
Archeo Revenue including domain gains and sales 3, 5
$2.8 million $5.9 million
Archeo Revenue excluding domain gains and sales 3, 5 $ 1.2 million $4.0 million
Call-Driven Adjusted OIBA5 $ 3.3 million $1.7 million
Call-Driven Adjusted EBITDA5 $ 4.2 million $2.6 million
Adjusted OIBA4, 5 $ 4.2 million $4.4 million
Adjusted EBITDA4, 5 $ 5.2 million $5.3 million
Adjusted OIBA excluding domain gains and sales5 $ 2.7 million $2.5 million
Adjusted EBITDA excluding domain gains and sales5 $ 3.6 million $3.4 million
Marchex Q3 and Recent Call-Driven Business Highlights:
- Revenue. Call-Driven and related revenue was $46.4 million for the third quarter of 2014 compared to $35.7 million for the third quarter of 2013.
- Products. Marchex announced the launch of Real Time Call DNA in October. This technology enables advertisers to visually map, analyze, and measure what happens inside a phone conversation after a consumer calls their business – without recording any of the actual dialogue. Real-Time Call DNA is the newest addition to Marchex Call Analytics, the leading enterprise platform for measuring phone calls from advertising.
Archeo Q3 Business Highlights:
- Revenue. Archeo non-GAAP revenue was $1.2 million for the third quarter of 2014, which excludes domain sales recognized in GAAP revenue.
- Domains sales. During the third quarter of 2014, domain sales yielded $1.6 million.
- During the third quarter of 2014, the company received earn-out consideration as part of the July 2013 pay-per-click asset sale transaction and recognized $278,000 of gain on sale, net of tax, on discontinued operations.