Our network generates about 50% gross margin and it’s our most profitable business. So growing network revenues is the core objective this year. We have too many network products the hosted business directory solution and a XML feed product. We achieve growth by adding more partner sites, by growing monetization of those sites and by adding new products to each site. So how is our network doing?
Source: Transcript of Earning Call of second quarter 2013 on Seeking Alpha
What is the value of 27.2 million yearly revenues - Ex TAC by yearly growth-rates bigger 100%?
Network Rev- Ex TAC of 6.8 million = 27.2 million on a yearly base.
And now my question to you: What is the value of 27.2 million yearly revenues - Ex TAC?
And I add "with such a growth-trend" in the last five quarters:
$ in millions
"Network revenue for the three and nine months ended September 30, 2013, increased 193.1% and 159.0%, respectively, compared to the same periods in 2012. The increase is primarily due to an increase in the number of network partner websites."