Sector: Consumer Cyclicals | Industry: Advertising & Marketing |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2010 Main Street, Suite 900 IRVINE CA 92614 |
Tel: | N/A |
Website: | https://www.propelmedia.com |
IR: | See website |
Key People | ||
Marvin Tseu Chief Executive Officer, Director | Howard R. Yeaton Interim Chief Financial Officer | David Shapiro Chief Operating Officer, Secretary, Director | Jeff McCollum Chief Revenue Officer |
Business Overview |
Propel Media, Inc. (Propel) is a holding company for Propel Media LLC (Propel Media) and Kitara Media Corp. (Kitara). Propel is a diversified online advertising company. Propel is engaged in the sale of advertising and reaching consumers in the United States and internationally to promote their products and services. The Propel Media Ad Marketplace connects digital marketers with audiences through real-time intent-based technology. Its platform also utilizes various ad platforms in order to access inventory for its media buys. |
Financial Overview |
For the six months ended 30 June 2018, Propel Media Inc revenues increased 3% to $41.2M. Net income increased from $5.8M to $15.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest Expense decrease of 23% to $5M (expense). Basic Earnings per Share excluding Extraordinary Items increased from $0.02 to $0.06. |
Employees: | 60 as of Dec 31, 2015 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $64.75M as of Jun 30, 2018 |
Annual revenue (TTM): | $89.70M as of Jun 30, 2018 |
EBITDA (TTM): | $32.89M as of Jun 30, 2018 |
Net annual income (TTM): | $20.33M as of Jun 30, 2018 |
Free cash flow (TTM): | $18.88M as of Jun 30, 2018 |
Net Debt Last Fiscal Year: | $52.25M as of Jun 30, 2018 |
Shares outstanding: | 250,010,162 as of Aug 14, 2018 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |