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Venture Capital
by tj on December 30, 2004
Fastclick the Internet Paid-for-Performance Advertising Solution Provider was just finishing a US$ 75 Million round and is now filing for IPO offering up to US$ 92 million in common stock.
Seems a bit like in the good ol' times but Fastclick also has some hard facts:
Seems a bit like in the good ol' times but Fastclick also has some hard facts:
"Fastclick is also growing nicely. Revenues through the first nine months of the year have more than doubled to $39 million from $18 million a year earlier. The bottom line hasn't followed suit, with year-to-date earnings dipping from $3.9 million to $3.3 million, yet the reason for the dip in profitability is that Fastclick's income is fully taxed now. Pretax profits paint a more accurate picture, climbing 27% higher so far this year."
Permalink: fastclick files for IPO
Tags:
online
advertising
fastclick
entrepreneurship
technology
fastclick+files
venture+capital
germany+sam
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