Reachlocal Inc (RLOC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
21700 OXNARD STREET, SUITE 1600 WOODLAND HILLS, CA 91367 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7311 - Advertising Agencies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 19,192 | 44,624 | 80,277 | 95,485 | |||
| Cash and cash equivalents | 18,833 | 43,720 | 79,732 | 92,336 | |||
| Short-term investments | 359 | 904 | 545 | 3,149 | |||
| Receivables | 6,278 | 7,844 | 15,199 | 11,589 | |||
| Disposal group, including discontinued operation | 3,415 | ||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 8,957 | ||
| Deferred tax assets | 1,250 | ||||||
| Other undisclosed current assets | 8,296 | 9,620 | 3,246 | (5,900) | |||
| Total current assets: | 33,766 | 62,088 | 103,387 | 110,131 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 13,550 | 19,639 | 12,903 | 11,066 | |||
| Long-term investments and receivables | 9,000 | 9,000 | 2,500 | ||||
| Long-term investments | 9,000 | 9,000 | 2,500 | ||||
| Intangible assets, net (including goodwill) | 24,140 | 53,681 | 43,353 | 44,525 | |||
| Goodwill | 20,129 | 48,189 | 42,083 | 42,083 | |||
| Intangible assets, net (excluding goodwill) | 4,011 | 5,492 | 1,270 | 2,442 | |||
| Regulated entity, other noncurrent assets | 698 | ||||||
| Restricted cash and investments | 15,000 | ||||||
| Other noncurrent assets | 2,547 | 3,518 | 7,630 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 4,044 | ||
| Other undisclosed noncurrent assets | 23,495 | 25,144 | 16,236 | 15,930 | |||
| Total noncurrent assets: | 88,430 | 110,982 | 82,622 | 75,565 | |||
| TOTAL ASSETS: | 122,196 | 173,070 | 186,009 | 185,696 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 48,059 | 60,846 | 54,250 | 77,277 | |||
| Employee-related liabilities | 14,478 | 15,972 | 17,280 | 14,558 | |||
| Accounts payable | 33,581 | 44,874 | 36,970 | 35,297 | |||
| Accrued liabilities | 27,422 | ||||||
| Debt | 9,050 | 624 | |||||
| Disposal group, including discontinued operation | 804 | 850 | 1,324 | 767 | |||
| Other liabilities | 10,166 | 12,316 | 15,089 | ||||
| Deferred revenue and credits | 22,985 | 29,016 | 33,013 | 36,304 | |||
| Other undisclosed current liabilities | 3,329 | 3,196 | (14,558) | ||||
| Total current liabilities: | 94,393 | 106,848 | 103,676 | 99,790 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 21,678 | 1,103 | |||||
| Long-term debt, excluding current maturities | 21,194 | ||||||
| Capital lease obligations | 484 | 1,103 | |||||
| Liabilities, other than long-term debt | 8,111 | 12,195 | 3,965 | 4,020 | |||
| Deferred revenue and credits | 8,111 | 12,195 | 3,965 | 4,020 | |||
| Total noncurrent liabilities: | 29,789 | 13,298 | 3,965 | 4,020 | |||
| Total liabilities: | 124,182 | 120,146 | 107,641 | 103,810 | |||
| Equity | |||||||
| Equity, attributable to parent | (1,986) | 52,924 | 78,368 | 81,886 | |||
| Additional paid in capital | 140,398 | 132,080 | 111,934 | 110,573 | |||
| Accumulated other comprehensive loss | (6,245) | (4,522) | (3,934) | (1,522) | |||
| Accumulated deficit | (136,084) | (74,569) | (29,559) | (27,076) | |||
| Receivable from shareholders or affiliates for issuance of capital stock | (55) | (65) | (73) | (89) | |||
| Total equity: | (1,986) | 52,924 | 78,368 | 81,886 | |||
| TOTAL LIABILITIES AND EQUITY: | 122,196 | 173,070 | 186,009 | 185,696 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 382,597 | 474,921 | 514,070 | 455,354 | ||
| Cost of revenue | (213,409) | (252,721) | (256,450) | (227,336) | ||
| Gross profit: | 169,188 | 222,200 | 257,620 | 228,018 | ||
| Operating expenses | (230,058) | (268,312) | (251,456) | (227,671) | ||
| Operating income (loss): | (60,870) | (46,112) | 6,164 | 347 | ||
| Nonoperating income | 2,514 | 936 | 586 | 575 | ||
| Investment income, nonoperating | 2,853 | |||||
| Other nonoperating income (expense) | (339) | 936 | 586 | 575 | ||
| Interest and debt expense | (2,790) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (61,146) | (45,176) | 6,750 | 922 | ||
| Other undisclosed loss from continuing operations before income taxes | (0) | |||||
| Income (loss) from continuing operations before income taxes: | (61,146) | (45,176) | 6,750 | 922 | ||
| Income tax expense | (369) | (484) | (3,699) | (1,154) | ||
| Income (loss) from continuing operations: | (61,515) | (45,660) | 3,051 | (232) | ||
| Income (loss) before gain (loss) on sale of properties: | (61,515) | (45,671) | 15 | (232) | ||
| Loss from discontinued operations | (11) | (3,036) | ||||
| Net income (loss): | (61,515) | (45,671) | 15 | (232) | ||
| Other undisclosed net income (loss) attributable to parent | 661 | (2,498) | ||||
| Net loss available to common stockholders, diluted: | (61,515) | (45,010) | (2,483) | (232) | ||
Comprehensive Income ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (61,515) | (45,671) | 15 | (232) | ||
| Other comprehensive loss | (1,247) | |||||
| Comprehensive income (loss): | (61,515) | (45,671) | 15 | (1,479) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,723) | 73 | (4,910) | |||
| Comprehensive loss, net of tax, attributable to parent: | (63,238) | (45,598) | (4,895) | (1,479) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.