<PAGE>
FOR IMMEDIATE RELEASE
iVILLAGE REPORTS THIRD QUARTER 2000 FINANCIAL RESULTS
29% Sequential Improvement in EBITDA, 133% Year-over-Year Revenue Growth,
and Continued Progress Toward Profitability
New York, NY - October 25, 2000 - iVillage Inc. (Nasdaq: IVIL), operator of
iVillage.com: The Women's Network (http://www.ivillage.com and AOL keyword:
ivillage), today announced financial results for the third quarter ended
September 30, 2000.
iVillage reported $20.2 million in revenue for the third quarter 2000, a 133%
increase over revenue of $8.7 million for the comparable year-ago quarter. Net
revenues for the second quarter 2000 were $19.4 million.
iVillage reported an Earnings Before Interest, Taxes, Depreciation and
Amortization (EBITDA) loss, excluding one-time charges, of $7.0 million for the
quarter ended September 30, 2000, a 61% improvement from an EBITDA loss of $17.8
million for the comparable year-ago period, and a 29% decline from an EBITDA
loss of $9.9 million for the quarter ended June 30, 2000.
For the third quarter, iVillage reported a net loss from continuing operations
of $16.2 million, or ($0.55) per share, excluding two non-cash write-downs
totaling $103.2 million, compared to a net loss from continuing operations of
$24.9 million, or ($0.98) per share, for third quarter 1999, a 35% improvement.
The third quarter 2000 write-down was primarily attributable to an impairment of
goodwill related to historical acquisitions by the company. Net loss for the
second quarter 2000 from continuing operations, excluding a one-time charge, was
$19.9 million or ($0.67) per share.
Net loss for the third quarter 2000 including non-cash items was $119.0 million
or ($4.00) per share, compared to a net loss for the second quarter 2000 of
$37.3 million, or ($1.25) per share.
At the end of the third quarter 2000, iVillage had $67.1 million in cash, cash
equivalents and restricted cash on its balance sheet. This is down from $77.8
million at the end of the second quarter of 2000. The $10.7 million cash burn
for the second quarter was comprised of $7.0 million in EBITDA losses and $3.7
million related to the build out of iVillage's offices.
"Once again, iVillage is realizing the results of our consistent focus, as this
quarter we continued to drive traffic, decrease operating losses and attract
top-notch talent, sponsors and brands," said Doug McCormick, CEO of iVillage.
"We have seen success in driving top-line advertising revenue, as blue-chip
brands expand their presence on the network; proof that the iVillage
sponsorship-based model is working and that Internet advertising continues to
play an important role in an advertiser's branding toolkit."
1
<PAGE>
"For the first time, women now compromise the majority of the U.S. online
population," said Nancy Evans, Co-Founder and Editor-in-Chief of iVillage. "As
the number one women's Web site, iVillage continues to lead industry metrics and
provide women with meaningful solutions for their lives."
iVillage continues to be the leading women's site:
o For the month of September 2000, iVillage had a reach of 12%, based on a
custom report run by Media Metrix. Traffic to iVillage.com grew by 22%
sequentially to 204 million average monthly page views during the third
quarter 2000, up from 166 million average monthly page views in the second
quarter 2000. This is an 80% increase over the 113 million average monthly
page views during the third quarter of 1999.
o In September, iVillage ranked 23rd out of the top 50 sites in minutes spent
per month, as well as 30th in pages per visitor per month.
o iVillage continues to maximize its advertising revenue, with revenue per
thousand page views of more than $33 in the third quarter. Once again,
iVillage's revenue per thousand page views remains among the highest in the
industry, continuing to outperform all other vertical content sites including
the computer, sports and women categories.
Advertisers understand the relevance and benefits of targeting to this strategic
market. As such, iVillage continues to add to its stable of blue-chip brands,
while providing additional marketing tools that benefit users and merchants
alike:
o During the third quarter, the company expanded the number of new advertisers
appearing on the site. More than 30 new brands were added, including Estee
Lauder's Origins, Glaxo Wellcome's Flonase, Johnson & Johnson's Tylenol, and
Procter & Gamble brands Secret, Vidal Sassoon, Cover Girl, Crest, Pantene,
and Herve Leger. Additionally, iVillage strengthened its ties with blue-chip
Unilever, adding the Elizabeth Arden, Salon Selectives, Thermasilk and
Finesse brands.
o iVillage partnered with Dynamic Logic, a leading online research firm, to
offer enhanced services and viewer metrics to clients. Through the agreement,
iVillage will be able to show sponsors the effectiveness of their sponsorship
and advertising campaigns on the iVillage Network. The cross-selling
opportunities that arise out of the partnership may create opportunities for
additional revenue for iVillage.
"The performance of our team this quarter helped further eclipse our competition
and distinguish ourselves through proven results," McCormick continued. "As we
continue to focus on the bottom line, we're committed to developing new areas of
revenue at iVillage."
2
<PAGE>
iVillage continued to reach key milestones in its drive to grow traffic,
increase brand awareness, and accelerate towards profitability:
o iVillage launched Lamaze.com, adding to parenting resources on iVillage's
network. Lamaze.com is the first Web property created following iVillage's
purchase of Lamaze Publishing Company. The site contains rich content,
personalized tools, expert advice and community support, offering a new
channel for advertisers, to help them reach an extremely focused parenting
niche on the Web.
o iVillage closed the deal to form iVillage UK, its international joint venture
with Tesco, and made a number of senior managerial appointments that further
position the venture to achieve category leadership. Tina Gaudoin, a
well-known editor and writer with experience at such major publications as
Harper's Bazaar and American Vogue, was named Editorial Director. In
addition, Janice Fernandes, a former Sales Manager from TDI Advertising Ltd.,
will serve as Sales Director. iVillage UK is expected to launch in the fourth
quarter 2000.
o iVillage partnered with e-Commerce Solutions (ECS) to develop and maintain
the shopping section of the iVillage Web site. ECS and iVillage together will
manage a new performance-based e-commerce application, enabling iVillage to
proactively monitor sales for its commerce partners. iVillage will receive a
revenue share on sold goods and revenue-generating sponsorship agreements
with the e-commerce merchants.
iVillage also continued to grow allHealth.com, the company's health area, into
one of the leading health destinations on the Internet:
o iVillage appointed Dr. Holly Atkinson, a world-renowned health expert and
leading spokesperson for women's health, as President of AllHealth.com.
Formerly President and CEO of Reuters Health Information, Dr. Atkinson will
help maximize the reach and impact of one of the oldest and most visited
health communities on the Web through the overseeing of daily operations and
strategy of all health initiatives, partnerships and sponsors of the channel.
About iVillage.com: The Women's Network
iVillage.com: The Women's Network (http://www.ivillage.com and AOL keyword:
ivillage) is the leading women's network online providing practical solutions
and everyday support for women between the ages of 25 and 54. iVillage.com is
organized into branded communities across 17 content channels that focus on
issues of most importance to women and provide interactive services, peer
support and online access to experts and tailored shopping opportunities.
Content channels include allHealth, Astrology, Beauty, Click!: Where Computers
Make Sense, Diet & Fitness, Food, Home & Garden, Lamaze.com, MoneyLife,
ParentsPlace, Parent Soup, Pets, Readers & Writers, Relationships, Travel, Work
from Home and Working Diva. Established in 1995 and headquartered in New York
City, iVillage Inc. (Nasdaq: IVIL) is a new media company, recognized as an
industry leader in developing innovative sponsorship and commerce relationships
that match the desire of marketers to reach women with the needs of iVillage.com
members for relevant information and services.
3
<PAGE>
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995:
iVillage Inc. has included in this press release certain "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995 concerning iVillage's business, operations and financial
condition. The words or phrases "can be", "expects", "may affect", "may
depend", "believes", "estimate", "project" and similar words and phrases
are intended to identify such forward-looking statements. Such
forward-looking statements are subject to various known and unknown risks
and uncertainties and iVillage cautions you that any forward-looking
information provided by or on behalf of iVillage is not a guarantee of
future performance. Actual results could differ materially from those
anticipated in such forward-looking statements due to a number of factors,
some of which are beyond iVillage's control, in addition to those discussed
in iVillage's other press releases, public filings and statements by
iVillage's management, including (i) the volatile and competitive nature of
the Internet industry, (ii) changes in domestic and foreign economic and
market conditions, (iii) the effect of federal, state and foreign
regulation on iVillage's business, (iv) the impact of recent and future
acquisitions and joint ventures on iVillage's business and financial
condition, and (v) iVillage's ability to establish and maintain
relationships with advertisers, sponsors, and other third party providers
and partners. All such forward-looking statements are current only as of
the date on which such statements were made. iVillage does not undertake
any obligation to publicly update any forward-looking statement to reflect
events or circumstances after the date on which any such statement is made
or to reflect the occurrence of unanticipated events.
# # #
Contacts:
Media:
The Abernathy MacGregor Group
Carl Fischer
212-371-5999
[email protected]
Analysts and Investors:
iVillage The Abernathy MacGregor Group
Barbara Coffey Carina Thate
917-326-4193 212-371-5999
[email protected] [email protected]
4
<PAGE>
iVillage Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(in thousands)
<TABLE>
<CAPTION>
September 30, December 31,
2000 1999
----------------------------------
(Unaudited)
<S> <C> <C>
ASSETS:
Current assets:
Cash and cash equivalents $ 57,804 $ 106,010
Restricted cash - 1,495
Accounts receivable, net 7,487 6,620
Inventory - 2,332
Other current assets 8,950 3,193
---------- ----------
Total current assets 74,241 119,650
Restricted cash 9,250 -
Fixed assets, net 17,809 10,017
Goodwill and intangible assets, net 39,326 175,143
Other assets 500 7,938
Non-current assets of discontinued operations 275 -
---------- ----------
Total assets $ 141,401 $ 312,748
========== ==========
LIABILITIES and STOCKHOLDERS' EQUITY:
Current liabilities:
Accounts payable, accrued expenses and other $ 17,417 $ 16,216
Deferred revenue 9,176 12,682
Net current liabilities of discontinued operations 1,282 -
---------- ----------
Total current liabilities 27,875 28,898
Other long-term liabilities 4,362 -
---------- ----------
Total liabilities 32,237 28,898
---------- ----------
Commitments and contingencies
Stockholders' equity 109,164 283,850
---------- ----------
Total liabilities and stockholders' equity $ 141,401 $ 312,748
========== ==========
</TABLE>
<PAGE>
iVillage Inc. and Subsidiaries
Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
<TABLE>
<CAPTION>
Three months ended September 30,
----------------------------------
2000 1999
----------- -----------
(Unaudited)
<S> <C> <C>
Revenues $ 20,191 $ 8,655
Cost of revenues 7,196 3,884
---------- ----------
Gross margin 12,995 4,771
---------- ----------
Operating expenses:
Product development and technology 2,217 1,292
Sales and marketing 12,290 13,632
Sales and marketing - NBC expenses 640 4,605
General and administrative 4,896 3,030
Depreciation and amortization 10,767 8,213
Impairment of goodwill 98,056 -
---------- ----------
Total operating expenses 128,866 30,772
---------- ----------
Loss from operations (115,871) (26,001)
Interest income, net 1,315 937
Other income, net 400 129
Writedown of investments (5,100) -
Loss from unconsolidated joint venture (115) -
---------- ----------
Net loss from continuing operations (119,371) (24,935)
---------- ----------
Preferred stock deemed dividend - -
---------- ----------
Net loss attributable to common stockholders
from continuing operations (119,371) (24,935)
Discontinued operations 409 (3,471)
---------- ----------
Net loss attributable to common stockholders $ (118,962) $ (28,406)
========== ==========
Basic and diluted net loss per share attributable
to common stockholders from continuing operations,
excluding impairment of goodwill and writedown
of investments $ (0.55) $ (0.98)
========== ==========
Basic and diluted net loss per share attributable
to common stockholders $ (4.00) $ (1.12)
========== ==========
Weighted average shares of common stock outstanding
used in computing basic and diluted net loss per share 29,704 25,430
========== ==========
Other supplemental information:
EBITDA loss, excluding impairment of goodwill $ (7,048) $ (17,788)
========== ==========
EBITDA loss, excluding NBC expenses and impairment
of goodwill $ (6,408) $ (13,183)
========== ==========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Nine months ended September 30,
---------------------------------
2000 1999
------------ -----------
<S> <C> <C>
Revenues $ 57,687 $ 19,864
Cost of revenues 20,807 10,490
----------- ----------
Gross margin 36,880 9,374
----------- ----------
Operating expenses:
Product development and technology 5,775 3,895
Sales and marketing 35,901 28,426
Sales and marketing - NBC expenses 6,747 12,177
General and administrative 17,960 9,287
Depreciation and amortization 33,526 14,253
Impairment of goodwill 98,056 -
----------- ----------
Total operating expenses 197,965 68,038
----------- ----------
Loss from operations (161,085) (58,664)
Interest income, net 4,195 2,449
Other income, net 523 129
Writedown of investments (13,179) -
Loss from unconsolidated joint venture (115) -
----------- ----------
Net loss from continuing operations (169,661) (56,086)
----------- ----------
Preferred stock deemed dividend - (23,612)
----------- ----------
Net loss attributable to common stockholders
from continuing operations (169,661) (79,698)
Discontinued operations (11,727) (6,983)
----------- ----------
Net loss attributable to common stockholders $ (181,388) $ (86,681)
=========== ==========
Basic and diluted net loss per share attributable
to common stockholders from continuing operations,
excluding impairment of goodwill and writedown
of investments $ (1.97) $ (4.36)
=========== ==========
Basic and diluted net loss per share attributable
to common stockholders $ (6.11) $ (4.74)
=========== ==========
Weighted average shares of common stock outstanding
used in computing basic and diluted net loss per share 29,704 18,287
=========== ==========
Other supplemental information:
EBITDA loss, excluding impairment of goodwill $ (29,503) $ (44,411)
=========== ==========
EBITDA loss, excluding NBC expenses and impairment
of goodwill $ (22,756) $ (32,234)
=========== ==========
</TABLE>
<PAGE>
iVillage Inc. and Subsidiaries
Pro Forma Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
<TABLE>
<CAPTION>
Three months ended September 30, Nine months ended September 30,
---------------------------------- ---------------------------------
2000 1999 2000 1999
------------- ------------- ------------- -------------
(Unaudited)
<S> <C> <C> <C> <C>
Revenues $ 20,191 $ 8,655 $ 57,687 $ 19,864
Cost of revenues 7,196 3,884 20,807 10,490
------------ ------------ --------------- ------------
Gross margin 12,995 4,771 36,880 9,374
------------ ------------ --------------- ------------
Operating expenses:
Product development and technology 2,217 1,292 5,775 3,895
Sales and marketing 12,290 13,632 35,901 28,426
Sales and marketing - NBC expenses 640 4,605 6,747 12,177
General and administrative 4,896 3,030 17,960 9,287
Depreciation and amortization 10,767 8,213 33,526 14,253
------------ ------------ --------------- ------------
Total operating expenses 30,810 30,772 99,909 68,038
------------ ------------ --------------- ------------
Loss from operations (17,815) (26,001) (63,029) (58,664)
Interest income, net 1,315 937 4,195 2,449
Other income, net 400 129 523 129
Loss from unconsolidated joint venture (115) - (115) -
------------ ------------ --------------- ------------
Net loss attributable to common stockholders $ (16,215) $ (24,935) $ (58,426) $ (56,086)
============ ============ =============== ============
Basic and diluted net loss per share attributable
to common stockholders $ (0.55) $ (0.98) $ (1.97) $ (3.07)
============ ============ =============== ============
Weighted average shares of common stock outstanding
used in computing basic and diluted net loss per share 29,704 25,430 29,704 18,287
============ ============ =============== ============
Other supplemental information:
EBITDA loss $ (7,048) $ (17,788) $ (29,503) $ (44,411)
============ ============ =============== ============
EBITDA loss, excluding NBC expenses $ (6,408) $ (13,183) $ (22,756) $ (32,234)
============ ============ =============== ============
</TABLE>
ProForma results exclude the effects of the following non-recurring
transactions:
- Impairment of goodwill of $98.1 million in the third quarter 2000
- Writedown of investments of $5.1 million in the third quarter 2000, and
$8.1 million in the second quarter 2000
- Preferred stock deemed dividend of $23.6 million in the first quarter 1999
- Operating results of the iBaby subsidiary for the three and nine months
ended September 30, 2000 and 1999 due to the discontinuance of its
operations in the second quarter of 2000
<PAGE>
Summary Statistics For iVillage - for September 2000
<TABLE>
<CAPTION>
------------------------------------------------------------
Media Metrix Media Metrix Nielsen/
Digital Media Digital Media NetRatings
Syndicated Custom Syndicated
Report Report Report
Home
<S> <C> <C> <C>
-----------------------------------------------------------------------------------------------
Unique Visitors (000) 7,996 9,604 7,012
-----------------------------------------------------------------------------------------------
% Reach 10.0% 12.0% 7.9%
-----------------------------------------------------------------------------------------------
Property Rank 28 23
-----------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------
Number of Pages per Visitor per Month 12.6 19
-----------------------------------------------------------------------------------------------
Rank within top 50 sites 30 28
-----------------------------------------------------------------------------------------------
Minutes Spent per Usage Month 12.2 12.3 12.8
-----------------------------------------------------------------------------------------------
Rank within top 50 sites 23 24
-----------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------
Nielsen/ PC Data Doubleclick
NetRatings Online DART
Syndicated Syndicated Proprietary
Report Report Report
Home & Work
<S> <C> <C> <C>
------------------------------------------------------------------------------------------
Unique Visitors (000) 10,017 11,655 13,264
------------------------------------------------------------------------------------------
% Reach 10.4% 13.40%
------------------------------------------------------------------------------------------
Property Rank 25 24
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
Number of Pages per Visitor per Month 19 23.4
------------------------------------------------------------------------------------------
Rank within top 50 sites 34 31
------------------------------------------------------------------------------------------
Minutes Spent per Usage Month 12.8 18.2
------------------------------------------------------------------------------------------
Rank within top 50 sites 31 28
------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
What the third-party audience measurement services measure
<TABLE>
<CAPTION>
---------------------------------------------------------------------
Media Metrix Media Metrix Nielsen/
Digital Media Digital Media NetRatings
Syndicated Custom Syndicated
Report Report Report
<S> <C> <C> <C>
--------------------------------------------------------------------------------------------------------
WWW U.S. home use X X X
--------------------------------------------------------------------------------------------------------
WWW U.S. work use X X
--------------------------------------------------------------------------------------------------------
WWW Int'l home use
--------------------------------------------------------------------------------------------------------
WWW Int'l work use
--------------------------------------------------------------------------------------------------------
AOL Proprietary U.S. home use X X
--------------------------------------------------------------------------------------------------------
AOL Proprietary U.S. work use X X
--------------------------------------------------------------------------------------------------------
AOL Proprietary U.S. home use
(adds iVillage message boards and chats) X
--------------------------------------------------------------------------------------------------------
AOL Proprietary U.S. work use
(adds iVillage message boards and chats) X
--------------------------------------------------------------------------------------------------------
Other Commercial Online Services
(CompuServe, Prodigy) and Off-line
Ad-Supported Digital Applications
(Juno, ICQ, Pointcast, etc.) X X
--------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------
Nielsen/ PC Data Doubleclick
NetRatings Online DART
Syndicated Syndicated Proprietary
Report Report Report
<S> <C> <C> <C>
-------------------------------------------------------------------------------------------------------
WWW U.S. home use X X X
-------------------------------------------------------------------------------------------------------
WWW U.S. work use X X
-------------------------------------------------------------------------------------------------------
WWW Int'l home use X
-------------------------------------------------------------------------------------------------------
WWW Int'l work use X
-------------------------------------------------------------------------------------------------------
AOL Proprietary U.S. home use X
-------------------------------------------------------------------------------------------------------
AOL Proprietary U.S. work use
-------------------------------------------------------------------------------------------------------
AOL Proprietary U.S. home use
(adds iVillage message boards and chats)
-------------------------------------------------------------------------------------------------------
AOL Proprietary U.S. work use
(adds iVillage message boards and chats)
-------------------------------------------------------------------------------------------------------
Other Commercial Online Services
(CompuServe, Prodigy) and Off-line
Ad-Supported Digital Applications
(Juno, ICQ, Pointcast, etc.)
-------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
iVillage Inc.
Income Statement ($ in Million except for EPS)
<TABLE>
<CAPTION>
Mar-99 Jun-99 Sep-99 Dec-99 FY 99 Mar-00 Jun-00 Sep-00
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Revenue 4.793 6.416 8.655 16.712 36.576 18.104 19.392 20.191
Growth q-q 34% 35% 93% 8% 7% 4%
Growth Y/y 278% 202% 133%
Cost of Revenues 3.722 2.885 3.884 4.935 15.425 6.619 6.992 7.196
----------------------------------------------------------------------------------
Gross Profit 1.072 3.531 4.771 11.777 21.151 11.485 12.400 12.995
Gross Margin 22% 55% 55% 70% 58% 63% 64% 64%
Product Development & Technology 1.408 1.195 1.292 1.331 5.226 1.499 2.059 2.217
% of Revenues 29% 19% 15% 8% 14% 8% 11% 11%
Sales and Marketing 10.553 11.813 18.237 22.923 63.526 15.912 13.806 12.930
% of Revenues 220% 184% 211% 137% 174% 88% 71% 64%
General and Administrative 3.245 3.012 3.030 3.878 13.165 6.608 6.456 4.896
% of Revenues 68% 47% 35% 23% 36% 37% 33% 24%
Depreciation and Amortization 2.389 3.651 8.213 11.467 25.720 11.468 11.291 10.767
% of Revenues 50% 57% 95% 69% 70% 63% 58% 53%
Impairment of Goodwill 98.056
----------------------------------------------------------------------------------
Total Operating Expenses 17.595 19.671 30.772 39.599 107.637 35.487 33.612 128.866
% of Revenues 367% 307% 356% 237% 294% 196% 173% 638%
Loss from Operations (16.523) (16.140) (26.001) (27.821) (86.486) (24.002) (21.212) (115.871)
Interest Income (Expense) & Other 0.330 1.182 0.937 1.636 4.085 1.558 1.322 1.315
Other Income (Expense) 0.129 0.142 0.271 0.161 (8.117) (4.700)
Loss from unconsolidated JV (0.115)
----------------------------------------------------------------------------------
Net loss from continuing operations (16.193) (14.958) (24.935) (26.044) (82.130) (22.282) (28.007) (119.371)
Preferred Dividend (23.612) (23.612)
Discontinued Operations (1.367) (2.145) (3.471) (3.888) (10.871) (2.885) (9.251) 0.409
----------------------------------------------------------------------------------
Net Loss Attributed to Common (41.172) (17.103) (28.406) (29.932) (116.613) (25.167) (37.258) (118.962)
EPS from continuing operations - excluding
impairment of goodwill and investment
writedowns $ (0.89) $ (0.63) $ (0.98) $ (0.91) $ (3.98) $ (0.75) $ (0.67) $ (0.55)
EPS $ (2.25) $ (0.72) $ (1.12) $ (1.04) $ (5.58) $ (0.85) $ (1.25) $ (4.00)
Shares out 18.295 23.728 25.430 28.660 20.901 29.630 29.691 29.704
Additional Financial Information
Revenue from Barter 0.841 0.855 0.800 0.829 3.325 0.808 0.903 0.965
% of Revenues 18% 13% 9% 5% 9% 4% 5% 5%
Sales and Marketing related to NBC 3.106 4.466 4.605 5.288 17.465 3.292 2.815 0.640
EBITDA (14.134) (12.489) (17.788) (16.355) (60.766) (12.534) (9.921) (7.048)
EBITDA - excluding NBC (11.028) (8.023) (13.183) (11.067) (43.301) (9.242) (7.106) (6.408)
Balance Sheet and Other Highlights
Cash & Restricted Cash (in millions) 100.52 85.28 62.01 107.50 93.22 77.76 67.05
Average monthly pageview (in 000)* 87 99 113 133 149 166 204
Revenues/average quarterly PV * $18.30 $21.60 $25.54 $41.76 $40.47 $38.94 $ 33.07
Member & Member equivalents (mill)* 1.555 1.998 2.688 4.198 4.942 5.287 5.738
Subscriptions (millions)* 7.7 8.5 11.4 10.9 11.9 15.4 11.4
Number of Community Hosts (000)* 1.34 1.61 1.69 2.15 2.08 2.24 2.34
Number of deals >$1 million* 1 1 6 13 4 5 3
</TABLE>
* Unaudited data
