meet me q4 2012 earnings deck
TRANSCRIPT
Year-End and Fourth Quarter 2012 Earnings Call
March 7, 2013
Cautionary Note Regarding Forward Looking Statements
Certain statements in this presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding international growth, mobile monetization, expanding to three additional languages byApril, 2013, and our plans regarding launching new products and the effectiveness of these products. All statements other than statements of historical facts contained herein, including statements regarding the continued growth in our core platform, are forward-looking statements. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include: the risk that unanticipated events affect the internationalization of our mobile products, the acceptance of our new brand internationally, issues that affect the functionality of our mobile application with popular mobile operating systems, any changes in such operating systems that degrade our mobile application’s functionality and other unexpected issues which could adversely affect usage on mobile devices, the effectiveness of our mobile software on smartphones and tablets, the willingness of our users to purchase virtual credits on their mobile devices and the willingness of users to try new product offerings. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K for the year ended December 31, 2011. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Regulation G – Non-GAAP Financial Measures
This presentation includes a discussion of Quepasa and myYearbook combined company revenues and Adjusted EBITDA from continuing operations which are non-GAAP financial measures. Reconciliations to the most directly comparable GAAP financial measures are provided on the Investor Relations section of the MeetMe corporate website at http://www.meetmecorp.com/investors/non-gaap/.
© 2013, MeetMe, Inc.
2© 2013
Quarter Over Quarter Increase in Traffic(Q4 average vs. Q3 average)
Total Mobile
DAU 1,261,285 14% 765,032 13%
MAU 5,508,822 40% 2,114,121 9%
Registrations 6,671,435 59% 1,312,670 -2%
DAU, MAU and Registration statistics represent the Q4 results from MeetMe Platform (MeetMe website and mobile app).
3© 2013
MeetMe Now Available in Nine Languages
Addressable Market of Over 1.5 Billion People Aged 18-30 Worldwide
Source: United States census data for 2012 (www.census.gov)
4© 2013
International Growth
MAU statistics represent a comparison of the December and June 2012 results from MeetMe Platform (MeetMe website and mobile app), based on internal data sources. Location was determined based on IP address.
5
International MAU increased 355%, from 543K in June to 2.47M in December while international share of DAU doubled from 10% to 20% in the same timeframe.
Today 1 out of every 2 new registrations is international.
© 2013
Total Revenue from Continuing Operations
Q4 2011 results reflect myYearbook as of the merger date of November 10, 2011.
6
Full Year Revenue for Continuing Operations
2011 $ 10,705,693
2012 $ 46,657,959
Full Year Revenue for Continuing Operations (Non-Affiliated)
2011 $ 6,416,408
2012 $ 40,657,959
© 2013
Revenue charts refer to total Revenue of MeetMe, previously myYearbook. Mobile Revenue refers to mobile advertising and mobile virtual currency revenue on MeetMe’s mobile apps and mobile web site. Q4 2011 results reflect myYearbook as of the merger date of November 10, 2011..
7
Full Year MeetMe-Platform Revenue
2011 $ 5,146,846
2012 $ 34,270,700
Full Year MeetMe-Platform Mobile Revenue
2011 $ 335,416
2012 $ 6,099,574
© 2013
MeetMe-Platform Revenue(Reported GAAP Results)
MeetMe-Platform Revenue(Non-GAAP*)
Revenue charts refer to total Revenue of MeetMe, previously myYearbook. Mobile Revenue refers to mobile advertising and mobile virtual currency revenue on MeetMe’s mobile apps and mobile web site. MeetMe results presented above include data from prior to the merger of Quepasa with myYearbook on November 10, 2011.* See Slide 2 “Regulation G- Non-GAAP Measures”
8
Full Year MeetMe-Platform Revenue
2011 $ 28,652,772
2012 $ 34,270,700
Full Year MeetMe-Platform Mobile Revenue
2011 $ 2,152,139
2012 $ 6,099,574
© 2013
9
MeetMe-Platform Revenue Composition
Virtual Currency and Advertising Revenue refer to revenue generated from the MeetMe-Platform (MeetMe website and mobile app).
2012 Full Year MeetMe-PlatformRevenue Composition Web Mobile
Advertising 75.3% 57.8%
Virtual Currency 24.7% 42.2%
© 2013
10
Cross Platform revenue includes SocialTheater on Facebook and other networks, including Quepasa. Q4 2011 results reflect myYearbook as of the merger date of November 10, 2011..
Full Year Cross-Platform Revenue
2011 $ 5,558,847
2012 $ 12,387,259
Full Year Cross-Platform Revenue (Non-Affiliated)
2011 $ 1,269,562
2012 $ 6,387,259
© 2013
Cross Platform Revenue(Reported GAAP Results)
11
Cross Platform Revenue(Combined – Non-GAAP*)
Cross Platform revenue includes SocialTheater on Facebook and other networks, including Quepasa.com. Cross Platform includes revenue from prior to the merger of Quepasa with myYearbook on November 10, 2011, and is presented on a combined pro-forma basis.* See Slide 2 “Regulation G – Non-GAAP Financial Measures”
Full Year Cross-Platform Revenue
2011 $ 6,990,805
2012 $ 12,387,259
Full Year Cross-Platform Revenue (Non-Affiliated)
2011 $ 2,700,805
2012 $ 6,387,259
© 2013
Adjusted EBITDA from Continuing Operations
Q4 2011 results reflect myYearbook as of the merger date of November 10, 2011. Adjusted EBITDA is a non-GAAP financial measure.
12
Full Year Adjusted EBITDA from Continuing Operations
2011 $ (1,286,147)
2012 $ 3,924,637
© 2013
Appendix
13© 2013
MeetMe-Platform DAU
DAU charts refer to total DAU of MeetMe, previously myYearbook. MeetMe results presented above include data from prior to the merger of Quepasa and myYearbook on November 10, 2011.
14© 2013
MeetMe-Platform MAU
MAU charts refer to total MAU of MeetMe, previously myYearbook. MeetMe results presented above include data from prior to the merger of Quepasa and myYearbook on November 10, 2011.
15© 2013
16
Traffic Metrics (All Platforms)
Registered Users, Visits, and Page Views refer to total traffic to both MeetMe-Platform (MeetMe website and mobile app) and Quepasa website (excluding Quepasa Games discontinued Operations). Visits and page views excludes iOS application and device metrics.
© 2013
17
Mobile Registrations
MeetMe mobile results presented above include data from prior to the merger of Quepasa and myYearbook on November 10, 2011.
© 2013
18
MeetMe-Platform Average Revenue Per User (ARPU)
ARPU represents the Average Revenue per User. This is calculated by dividing quarterly MeetMe web and mobile revenue by the average monthly active users (MAUs) for web and mobile. MeetMe results presented above include data from prior to the merger of Quepasa and myYearbook on November 10, 2011.
© 2013
19
MeetMe-Platform Average Revenue Per Daily User (ARPDAU)
ARPDAU represents the Average Revenue per Daily Active User. This is calculated by dividing average daily MeetMe web and mobile revenue by the average daily active users (DAUs) for web and mobile. Results presented above include data from prior to the merger of Quepasa with myYearbook on November 10, 2011.
© 2013