The Company

Description of the Company

Actua Corporation (together with its subsidiaries, “Actua”), which was formed on March 4, 1996, is a multi-vertical cloud technology company with offerings that it believes create unique and compelling value for our customers and provide transformative efficiency to vertical markets worldwide. As of September 30, 2015, Actua owned four businesses, each of which addresses the needs of a specific vertical market or industry: Bolt Solutions Inc. (“Bolt”), Folio Dynamics Holdings Inc. (“FolioDynamix”), GovDelivery Holdings, Inc. (“GovDelivery”) and VelocityEHS Holdings, Inc. which changed its name from (MSDSonline Holdings, Inc. "MSDSonline") in September 2015 (“VelocityEHS”). Please refer to Item 1 – “Business” in Actua’s Annual Report on Form 10-K for the year ended December 31, 2014 for a more detailed description of Actua and its businesses.

Basis of Presentation

The Consolidated Financial Statements contained herein (the “Consolidated Financial Statements”) include the accounts of Actua Corporation and its wholly-owned subsidiaries, wholly-controlled subsidiaries and majority-owned subsidiaries.

Actua’s Consolidated Balance Sheets as of September 30, 2015 and December 31, 2014 include the financial position of Bolt, FolioDynamix, GovDelivery and VelocityEHS.

Actua’s Consolidated Statements of Operations and Comprehensive Income (Loss) (its “Consolidated Statements of Operations”) for the three and nine months ended September 30, 2015 and 2014 included the results of the following majority-owned subsidiaries:



Three Months Ended September 30,		Nine Months Ended September 30,
2015	2014	2015	2014
Bolt	Bolt	Bolt	Bolt
FolioDynamix (1)	GovDelivery	FolioDynamix (1)	GovDelivery
GovDelivery	VelocityEHS	GovDelivery	VelocityEHS
VelocityEHS		VelocityEHS

(1) See Note 4, Consolidated Businesses