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Local Corporation Message Board

  • fankenguru fankenguru Dec 1, 2013 3:25 AM Flag

    Idiotic low 0.34-times-revenues

    Revenues in Q4/2013 will be 27 million:

    Revenues in 2013
    Q1/2013: 21.8 million (reported)
    Q2/2013: 22.7 million (reported)
    Q3/2013: 23.5 million (reported)
    Q4/2013: 27.0 million (result of the last guidance of 95 million, if you subtract from this 95 million the revenues of Q1 - Q3).

    That are 108 million on a yearly base or idiotic low 0.34-times-revenues by the idotic low 36.6 million market-cap from Fryday.

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    • Compare with the 16.4-times-revenues of Yelp - the 48.2-fold of the idiotic low 0.34-times-revenues of Local Corp!

      For example: Yelp has only the 2.6-fold revenues of Local Corp, but with 4.01 billion the 109-fold market-cap of the idiotic low 36.6 million of Local Corp. Such a divergence will never lasten.

      Local Corp., the company that connects consumers with all local businesses, today announced financial results for the third quarter ended September 30, 2013
      • Sequential revenue growth up 4% to $23.5 million in Q3-13 from $22.7 million in Q2-13.
      • Adjusted EBITDA up 12% to $1.3 million in Q3-13 from $1.2 million in Q2-13.

      Yelp Inc., the company that connects consumers with great local businesses, today announced financial results for the third quarter ended September 30, 2013.
      • Sequential revenue growth up 11.3% to $61.2 million in Q3-13 from $55.0 million in Q2-13.
      • Adjusted EBITDA for the third quarter of 2013 was approximately $8.1 million.

 
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