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Local Corporation Message Board

  • stannguru stannguru Aug 31, 2014 3:20 PM Flag

    6.0 million positive Total Cash Flow - Only 0.36-times-revenues - Positve EBITDA's since 6 years - Positve net-comes soon

    6.0 million positive Total Cash Flow From Operating Activities in last four quarters
    View: Quarterly Data All numbers in thousands
    Period Ending Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013
    Total Cash Flow From Operating Activities 4,409 (727) 877 1,441

    Reuters: Local Corp reaffirms FY 2014 guidance
    Tuesday, 12 Aug 2014 04:15pm EDT
    Local Corp:Expects FY 2014 revenue to be in the range of $103 to $107 mln.Expects FY 2014 adjusted EBITDA to be in the range of $3 to $4 mln, or between $0.13 and $0.17 per diluted share.FY 2014 revenue of $107 mln, EBITDA of $3 mln - Thomson Reuters I/B/E/S.
    If you divide the idiotic low market-cap of 37.4 million last Friday througt the 105 million revenues of the Guidance = 0.36-times-revenues.

    In the not-too-distant future not only the EBITDA’s will be positive alone, the net-incomes, too.
    The differences between the net incomes and the since sic years positive EBITDA’s was with biggest part the result of depreciations of the intangible assets. The money for this assets were paid some years ago and has no influence on the cash today. In the last 2.5 years the value of Intangible Assets was written down form 8.833 million to 1.989 million.
    View: Annual Data | All numbers in thousands
    Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
    Intangible Assets 2,439 3,351 8,833
    View: | Quarterly Data All numbers in thousands
    Period Ending Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013
    Intangible Assets 1,989 2,214 2,439 2,664
    But this effect will ending in the not-too-distant future and the result will be, that not only the EBITDA’s will be positive alone, the net-incomes, too.

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    • CFO on the last Conference Call (read the complete story direct at Seeking Alpha):

      "And looking at our operating expenses for the second quarter cost of revenue was $16.5 million as a result Q2 gross margin was 27% higher than the first quarter of 2014 and consistent with the second quarter of 2013. Our continued outlook is that gross margin should be 24% to 26% for the year. Note that G&A expense included a $573,000 severance charge, we delivered our six consecutive quarter of positive adjusted EBITDA. Second quarter adjusted EBITDA was $1 million which is up from the first quarter and comparable to the second quarter last year. Notably year-over-year we reduced our GAAP net loss by 63% from $3.6 million down to $1.3 million. We continue to focus on operating efficiencies particularly while we’re investing in product development to fuel future growth."

    • Ignore the falsification from ID's like y_o_s_e and others from the criminal crime behind The Street Sweeper and read the facts from the report about the second quarter of 2014: "In the second quarter, we are pleased to report that we grew our cash balance by $3.0 million, reduced our debt by $700,000, and delivered positive Adjusted EBITDA for the sixth consecutive quarter. We remain confident in the momentum of our O&O business and new mobile search initiatives and, accordingly, we confirm our 2014 guidance.”

    • y_o_s_e@ymail.com y_o_s_e Aug 31, 2014 4:14 PM Flag

      all that cash flow from operations and EBITDA yet the debt balance goes higher and higher, where's all the cash going?

 
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