Active Network Inc (ACTV) 10-K Annual Report March 2012


Media Contact:		Investor Contact:

Mona Klausing, Active Network		Brinlea Johnson, The Blueshirt Group
Mona.Klausing@ActiveNetwork.com		Brinlea@BlueshirtGroup.com
1-858-964-3813		1-212-331-8424

Active Network Reports Fourth Quarter and Fiscal Year 2011 Results

•

Fourth Quarter Revenue Increases 23% Year-Over-Year to $76.0 Million

•

2011 Revenue Increases 21% Year-Over-Year to $337.4 Million

•

2011 Adjusted EBITDA of $36.0 Million, Up 43% Over the Prior Year Period

SAN DIEGO, CALIF. – February 23, 2012

– The Active Network, Inc. (NYSE: ACTV), the leading provider of organization-based cloud computing applications, today announced its financial results for the fourth quarter and fiscal year 2011.

Q4 2011 Financial Highlights:

(All comparisons are made to the fourth quarter of 2010)

•

Total net revenue was $76.0 million, up 23% from $61.6 million.

•

Technology revenue constituted 86%, or $65.5 million of total net revenue, up 33% from $49.2 million.

•

Marketing Services revenue constituted 14%, or $10.6 million of total net revenue.

•

Loss from operations was $14.9 million compared to a loss of $8.9 million.

•

Net loss was $8.5 million compared to a net loss of $9.1 million.

•

Adjusted EBITDA, a non-GAAP financial measure, was $0.4 million, including $1.9 million in severance costs associated with the acquisition of StarCite. Excluding these costs, Adjusted EBITDA was $2.3 million.

Fiscal Year 2011 Financial Highlights:

(All comparisons are made to fiscal year 2010)

•

Total net revenue was $337.4 million, up 21% from $279.6 million.

•

Technology revenue constituted 86%, or $290.5 million of total net revenue, up 22% from $237.7 million.

•

Registrations grew 14% over the prior year period to 80.3 million and revenue per registration was $2.85.

•

51,300 organizations utilized the Company’s technology solutions, up 8%.

The following information was filed by Active Network Inc (ACTV) on Thursday, February 23, 2012 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

Please wait while we load the requested 10-K report or click the link below:

https://last10k.com/sec-filings/report/1163932/000119312512119675/d270184d10k.htm

View differences made from one year to another to evaluate Active Network Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ) — *Sample 10-K Year-over-Year (YoY) Comparison*

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were ~~removed~~ , added and changed by Active Network Inc.

Continue

Assess how Active Network Inc's management team is paid from their Annual Proxy

Active Network Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2012 10-K Annual Report includes:

Voting Procedures
Board Members
Executive Team
Salaries, Bonuses, Perks
Peers / Competitors

Continue

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Material Contracts, Statements, Certifications & more

Active Network Inc provided additional information to their SEC Filing as exhibits

Exhibit 23.1: Consent Of Independent Registered Public Accounting Firm

Exhibit 31.1: Certification

Exhibit 31.2: Certification

Exhibit 32.1: Certification

Exhibit 32.2: Certification

Ticker: ACTV
CIK: 1163932
Form Type: 10-K Annual Report
Accession Number: 0001193125-12-119675
Submitted to the SEC: Fri Mar 16 2012 4:10:04 PM EST
Accepted by the SEC: Fri Mar 16 2012
Period: Saturday, December 31, 2011
Industry: Prepackaged Software