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This number is 14 percent higher than the previous year.
Ancestry users have created more than 44 million family trees containing more than 4 billion profiles.“We are pleased with the revenue and subscriber results in 2012,” said Hochhauser, “Non-GAAP revenue was 8 million, an increase of 22% over the full year 2011, and year-end subscribers totaled 2,016,000, up 18% over the end of 2011.” Use of Non-GAAP Measures The Company believes that non-GAAP revenue is a useful measure of operating performance because it excludes items that the Company does not consider indicative of its core performance.Specifically, non-GAAP revenue is calculated by adding the impact of purchase accounting adjustments to GAAP revenue.Ancestry DNA offers the potential of identifying new insights into people’s ancient ancestry to help them collaborate with distant cousins and make even more discoveries in their family history. According the Matthew Deighton, at Ancestry.com, “it turns out that what happens in Vegas stays online.has nearly 300 million marriage records, spanning all 50 states, more than 16 countries and 500 years including the Nevada Marriage index from 1956 to 2005.” The following Info Graphic is from Ancestry.com: The following excerpt is from a thought-provoking story written by Ken Krogue and published in the January 24, 2013 edtion of the Forbes website.
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“We believe that the cutting edge of DNA technology used in Ancestry DNA will revolutionize the entire family history experience,” said Ken Chahine, Senior Vice President and General Manager of Ancestry DNA.