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July 06, 2015 8:31 AM ET

Internet Software and Services

Company Overview of Ancestry.com LLC

Company Overview

Ancestry.com LLC operates as an online family history resource for subscribers worldwide. The company’s flagship Website is ancestry.com that offers various subscription packages to collections of digitized historical records and user generated content, including family trees, birth records, marriage and death records, census records, immigration documents, photographs, maps, military records, personal narratives, and newspapers. It also offers AncestryDNA, a DNA testing service that helps people discover their ethnic origins and to find family connections; Archives.com, a family history Website for discovering family history; Fold3.com, a Website that provides military records, including st...

360 West 4800 North

Provo, UT 84604

United States

Founded in 1983

1,149 Employees

Phone:

801-705-7000

Key Executives for Ancestry.com LLC

Chief Executive Officer, President, Director, Member of Equity Committee and Member of Operating Committee
Age: 51
Chief Financial Officer, Chief Operating Officer, Principal Accounting Officer and Member of Equity Committee
Age: 44
Chief Legal Officer and Chief Risk Officer
Age: 51
Senior Vice President of International
Senior Vice President and General Manager of DNA LLC
Compensation as of Fiscal Year 2015.

Ancestry.com LLC Key Developments

Ancestry.com Reportedly Exploring A Sale

Ancestry.com LLC is exploring a sale that could value it at between $2.5 billion and $3 billion, including debt, according to people familiar with the matter. Permira Advisers LLC, the buyout firm that owns most of privately held Ancestry, has hired investment banks to run an auction for the company, the people said. Permira declined to comment, while an Ancestry spokeswoman did not respond to a request for comment.

Ancestry.com LLC Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Ancestry.com LLC announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, total revenues were $164,597,000, income from operations was $19,098,000, income before income taxes was $1,627,000 and net income was $2,794,000 against total revenues of $153,646,000, loss from operations of $2,070,000, loss before income taxes of $19,442,000 and net loss of $2,377,000 for the same period a year ago. Adjusted EBITDA was $61,691,000 against $48,972,000 a year ago. Purchases of property and equipment was $4,152,000 against $4,495,000 a year ago. Free cash flow was $43,505,000 against $32,166,000 a year ago. Total revenues were driven by growth in revenues from the Company's AncestryDNA product and its core Ancestry websites. First quarter 2015 total revenues were reduced by approximately 1% due to the foreign exchange impact of the strong U.S. dollar.

Ancestry.com LLC to Report Q1, 2015 Results on Apr 22, 2015

Ancestry.com LLC announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on Apr 22, 2015

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