2016 Q1 Form 10-Q Financial Statement

#000119312516576327 Filed on May 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $186.0M $127.3M
YoY Change 46.13% 92.13%
Cost Of Revenue $16.20M $13.02M
YoY Change 24.46% 111.21%
Gross Profit $169.8M $114.3M
YoY Change 48.6% 90.17%
Gross Profit Margin 91.29% 89.77%
Selling, General & Admin $156.9M $97.31M
YoY Change 61.23% 95.32%
% of Gross Profit 92.41% 85.17%
Research & Development $60.37M $37.33M
YoY Change 61.74% 123.04%
% of Gross Profit 35.56% 32.67%
Depreciation & Amortization $23.81M $14.03M
YoY Change 69.71% 73.74%
% of Gross Profit 14.02% 12.28%
Operating Expenses $217.3M $134.6M
YoY Change 61.37% 102.29%
Operating Profit -$48.08M -$57.92M
YoY Change -17.0% 794.15%
Interest Expense -$1.600M $730.0K
YoY Change -319.18% 265.0%
% of Operating Profit
Other Income/Expense, Net $700.0K $300.0K
YoY Change 133.33%
Pretax Income -$48.97M -$58.38M
YoY Change -16.13% 826.73%
Income Tax -$1.364M
% Of Pretax Income
Net Earnings -$47.61M -$58.38M
YoY Change -18.46% 832.8%
Net Earnings / Revenue -25.6% -45.87%
Basic Earnings Per Share
Diluted Earnings Per Share -$266.4K -$1.189M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $513.7M $628.4M
YoY Change -18.26% 103.1%
Cash & Equivalents $232.4M $125.8M
Short-Term Investments $281.2M $320.6M
Other Short-Term Assets $21.00M $25.00M
YoY Change -16.0% 267.65%
Inventory
Prepaid Expenses
Receivables $32.27M $31.27M
Other Receivables $0.00 $0.00
Total Short-Term Assets $566.9M $684.7M
YoY Change -17.2% 106.81%
LONG-TERM ASSETS
Property, Plant & Equipment $92.84M $72.94M
YoY Change 27.29% 134.52%
Goodwill $1.920B $1.833B
YoY Change 4.71%
Intangibles $549.3M $569.1M
YoY Change -3.49%
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $5.380M $1.171M
YoY Change 359.44% 192.75%
Total Long-Term Assets $2.568B $2.483B
YoY Change 3.42% 755.19%
TOTAL ASSETS
Total Short-Term Assets $566.9M $684.7M
Total Long-Term Assets $2.568B $2.483B
Total Assets $3.135B $3.168B
YoY Change -1.04% 409.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.995M $13.66M
YoY Change -63.44% 113.45%
Accrued Expenses $46.43M $52.47M
YoY Change -11.5% 170.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $97.57M $115.0M
YoY Change -15.17% 198.75%
LONG-TERM LIABILITIES
Long-Term Debt $230.0M $230.0M
YoY Change 0.0%
Other Long-Term Liabilities $13.70M $11.80M
YoY Change 16.1% 57.33%
Total Long-Term Liabilities $230.0M $230.0M
YoY Change 0.0% 2966.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $97.57M $115.0M
Total Long-Term Liabilities $230.0M $230.0M
Total Liabilities $473.8M $345.0M
YoY Change 37.32% 650.04%
SHAREHOLDERS EQUITY
Retained Earnings -$324.2M -$186.1M
YoY Change 74.2%
Common Stock $2.985B $2.854B
YoY Change 4.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.661B $588.8M
YoY Change
Total Liabilities & Shareholders Equity $3.135B $3.168B
YoY Change -1.04% 409.77%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income -$47.61M -$58.38M
YoY Change -18.46% 832.8%
Depreciation, Depletion And Amortization $23.81M $14.03M
YoY Change 69.71% 73.74%
Cash From Operating Activities $18.90M $1.500M
YoY Change 1160.0% -89.44%
INVESTING ACTIVITIES
Capital Expenditures $14.25M $10.32M
YoY Change 38.08% 31.11%
Acquisitions $12.36M
YoY Change
Other Investing Activities -$300.0K $182.4M
YoY Change -100.16% -411.26%
Cash From Investing Activities -$17.20M $171.8M
YoY Change -110.01% -354.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.600M 8.800M
YoY Change -81.82% 66.04%
NET CHANGE
Cash From Operating Activities 18.90M 1.500M
Cash From Investing Activities -17.20M 171.8M
Cash From Financing Activities 1.600M 8.800M
Net Change In Cash 3.300M 182.1M
YoY Change -98.19% -478.59%
FREE CASH FLOW
Cash From Operating Activities $18.90M $1.500M
Capital Expenditures $14.25M $10.32M
Free Cash Flow $4.649M -$8.821M
YoY Change -152.7% -239.4%

Facts In Submission

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0001617640
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2016-03-31
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At the effective time of the Trulia Merger, each share of Trulia common stock, other than Trulia excluded shares (as defined below), was converted into the right to receive 0.444 of a share of fully paid and nonassessable Zillow Group Class A common stock.
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Zillow Group, Inc.
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-7000

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