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10-K Watch: Jupitermedia: Mediabistro: $7.8 Million In '07; 37 Percent Growth

This story was written by Joseph Weisenthal.

We previously estimated that Mediabistro, the media info and resources service acquired by Jupitermedia (NSDQ: JUPM) last year, was on track to do about $8 million in revenue for 2007. It looks like that was right around the mark, as in fact the final number came in at $7.8 million, per the company's 10-K just filed today. Last time, the calculation required multiple steps and involved some guesswork. This time it was pretty straightforward.

Total Jupiter revenue for the year was $140.3 million, and the filing says that Mediabistro contributed $3.6 million of this, from the time it was acquired last June. That means Jupiter, ex-MB did revenue of $136.7 million. Another chart gives the company's full-year revenue as if it had Mediabistro for the entire year$144.5 millionso the difference, $7.8 million is what the standalone Mediabistro did for the year. Same deal for 2006 gets you $5.7 million and a year-over-year growth rate of 37 percent. That's slightly the 38.9 percent last quarter (our original estimate assumed steady growth, so that explains a little bit of the gap).

By Joseph Weisenthal

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