2. Cautionary Note Regarding Forward Looking Statements
Certain statements in this presentation and responses to various questions includes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts
contained herein, including statements regarding the continued growth in our core platform, are forward-looking
statements. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,”
“potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking
statements. We have based these forward-looking statements largely on our current expectations and projections about
future events and financial trends that we believe may affect our financial condition, results of operations, business
strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking
statements include: issues that affect the functionality of our mobile application with popular mobile operating systems, any
changes in such operating systems that degrade our mobile application’s functionality and other unexpected issues which
could adversely affect usage on mobile devices, the willingness of our users to purchase virtual credits on their mobile
devices, and acceptance of our new brand in Latin America and globally. Further information on our risk factors is
contained in our filings with the SEC, including the Form 10-K for the year ended December 31, 2011. Any forward-looking
statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual
results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no
obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or
otherwise, except as may be required by law.
Copyright
2012.
QPSA 2
4. Q4
2011
results
reflect
myYearbook
as
of
the
merger
date
of
November
10,
2011.
Copyright
2012.
QPSA 4
5. Q4
2011
results
reflect
myYearbook
as
of
the
merger
date
of
November
10,
2011.
Adjusted
EBITDA
is
a
non-‐GAAP
financial
measure.
The
following
slide
includes
a
reconciliaNon
of
EDITDA
and
Adjusted
EBITDA
to
Net
Income.
Copyright
2012.
QPSA 5
6. QUEPASA
CORPORATION
AND
SUBSIDIARIES
Reconciliation
of
GAAP
Net
I ncome
(Loss)
to
Adjusted
EBITDA
For
the
Three
Months
Ended For
the
Three
Months
Ended For
the
Three
Months
Ended
Per
Per
Per
Basic
March
31,
Per
Basic
Diluted
March
31,
Per
Basic
Diluted
December
31,
and
Diluted
2012 Share Share 2011 Share Share 2011 Share
Net
l oss
allocable
to
common
shareholders $
(1,858,658) $
(0.05) $
(0.05) $
(1,517,001) $
(0.10) $
(0.07) $
(5,457,271)
$
(0.20)
Interest
e xpense 298,068
0.01
0.01 149,986
0.01
0.01 204,199
0.01
Depreciation
and
amortization 907,399
0.02
0.02 136,460
0.01
0.01 603,030
0.02
Amortization
of
stock
based
compensation 1,036,061
0.03
0.03 873,234
0.06
0.03 1,469,637
0.05
EBITDA 382,870
0.01
0.01
(357,321)
(0.02)
(0.02)
(3,180,405)
(0.12)
Acquisition
and
restructuring
costs 290,067
0.01
0.01 367,751
0.02
0.02 779,441
0.03
Loss
on
i mpairment
of
goodwill
-‐
-‐
-‐
-‐
-‐
-‐
1,409,127
0.05
Adjusted
EBITDA $
672,937
$
0.02
$
0.02 $
10,430 $
0.00
$
0.00 $
(991,837) $
(0.04)
Weighted
average
number
of
shares
outstanding,
Basic 36,189,173 15,662,232 27,770,127
Weighted
average
number
of
shares
outstanding,
Dilutive 41,800,383 24,437,565
Q4
2011
results
reflect
myYearbook
as
of
the
merger
date
of
November
10,
2011.
Copyright
2012.
QPSA 6
7. Con.nued
Growth
in
Core-‐Pla8orm
1
MAU
chart
refers
to
the
total
MAU
of
myYearbook.
myYearbook
is
the
company’s
core
plaRorm,
which
is
being
rebranded
to
MeetMe
in
July.
In
Q1
2012,
85%
of
visits
to
myYearbook
were
from
the
US.
The
growth
of
the
myYearbook
plaRorm
is
a
proxy
for
US
growth.
Copyright
2012.
QPSA 7
8. Mobile
Revenue
Growing
Nicely
Off
Small
Base
1
Mobile
revenue
refers
to
mobile
adverNsing
and
mobile
virtual
currency
revenue
Copyright
2012.
QPSA 8
