Reachlocal Inc (RLOC) financial statements (2022 and earlier)

Company profile

Business Address 21700 OXNARD STREET, SUITE 1600
WOODLAND HILLS, CA 91367
State of Incorp.
Fiscal Year End December 31
SIC 7311 - Advertising Agencies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments19,19244,62480,27795,485
Cash and cash equivalents18,83343,72079,73292,336
Short-term investments3599045453,149
Receivables6,2787,84415,19911,589
Disposal group, including discontinued operation  3,415 
Prepaid expense and other current assets8,957
Deferred tax assets  1,250 
Other undisclosed current assets8,2969,6203,246(5,900)
Total current assets:33,76662,088103,387110,131
Noncurrent Assets
Property, plant and equipment13,55019,63912,90311,066
Long-term investments and receivables9,0009,0002,500 
Long-term investments9,0009,0002,500 
Intangible assets, net (including goodwill)24,14053,68143,35344,525
Goodwill20,12948,18942,08342,083
Intangible assets, net (excluding goodwill)4,0115,4921,2702,442
Regulated entity, other noncurrent assets698   
Restricted cash and investments15,000   
Other noncurrent assets2,5473,5187,630
Prepaid expense and other noncurrent assets4,044
Other undisclosed noncurrent assets23,49525,14416,23615,930
Total noncurrent assets:88,430110,98282,62275,565
TOTAL ASSETS:122,196173,070186,009185,696
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities48,05960,84654,25077,277
Accounts payable33,58144,87436,97035,297
Accrued liabilities   27,422
Employee-related liabilities14,47815,97217,28014,558
Debt9,050624  
Disposal group, including discontinued operation8048501,324767
Deferred revenue and credits22,98529,01633,01336,304
Other liabilities10,16612,31615,089 
Other undisclosed current liabilities3,3293,196 (14,558)
Total current liabilities:94,393106,848103,67699,790
Noncurrent Liabilities
Long-term debt and lease obligation21,6781,103  
Long-term debt, excluding current maturities21,194   
Capital lease obligations4841,103  
Liabilities, other than long-term debt8,11112,1953,9654,020
Deferred revenue and credits8,11112,1953,9654,020
Total noncurrent liabilities:29,78913,2983,9654,020
Total liabilities:124,182120,146107,641103,810
Stockholders' equity
Stockholders' equity attributable to parent(1,986)52,92478,36881,886
Additional paid in capital140,398132,080111,934110,573
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 stockholders' equity:(1,986)52,92478,36881,886
TOTAL LIABILITIES AND EQUITY:122,196173,070186,009185,696

Income statement (P&L) ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues382,597474,921514,070455,354
Cost of revenue(213,409)(252,721)(256,450)(227,336)
Gross profit:169,188222,200257,620228,018
Operating expenses(230,058)(268,312)(251,456)(227,671)
Operating income (loss):(60,870)(46,112)6,164347
Nonoperating income2,514936586575
Investment income, nonoperating2,853   
Other nonoperating income (expense)(339)936586575
Interest and debt expense(2,790)   
Income (loss) from continuing operations before equity method investments, income taxes:(61,146)(45,176)6,750922
Other undisclosed loss from continuing operations before income taxes   (0)
Income (loss) from continuing operations before income taxes:(61,146)(45,176)6,750922
Income tax expense(369)(484)(3,699)(1,154)
Income (loss) from continuing operations:(61,515)(45,660)3,051(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)

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 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.

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