Zillow has less than half Monthly Unique Visitors of Local Corp, but the 61-fold market cap of Local Corp
Local Corp (market-cap of 35 million) development of Unique Visitors:
11/2012: 18,745,842 Monthly Unique Visitors
12/2012: 22,738,206 Monthly Unique Visitors
01/2013: 26,410,927 Monthly Unique Visitors
02/2013: 24,017,605 Monthly Unique Visitors
03/2013: 24,427,755 Monthly Unique Visitors
04/2013: 23,785,928 Monthly Unique Visitors
05/2013: 27,804,187 Monthly Unique Visitors
Compare with the development of Zillow’s (2,120 million market-cap) Monthly Unique Visitors:
11/2012: 10,978,144 Monthly Unique Visitors
12/2012: 11,366,564 Monthly Unique Visitors
01/2013: 14,298,071 Monthly Unique Visitors
02/2013: 13,415,496 Monthly Unique Visitors
03/2013: 16,374,138 Monthly Unique Visitors
04/2013: 16,762,386 Monthly Unique Visitors
05/2013: 18,346,672 Monthly Unique Visitors
Local Corp has additional to the 27,804,187 Monthly Unique Visitors from the flagshipsite more than 12 million Monthly Unique Visitors from the network = together about 40 million Monthly Unique Visitors. The result: Local Corp more than double US-Monthly Unique Visitors than Zillow, but the market-cap of Zillow is with 2,120 million the 61-fold market-cap of the market-cap of Local Corp of only extreme idiotic low 35 million.
Local Corporation (LOCM), a leading online local media company, today announced record mobile search traffic for the second quarter of 2013.
The company achieved mobile search traffic of 34 million monthly unique visitors (MUVs) during the second quarter 2013, up 79 percent from 19 million MUVs during the year ago period and up 6 percent from 32 million MUVs during the first quarter 2013.
“With 80 percent of local searches expected to be done via a mobile device by 20181, mobile continues to reshape the local search landscape. We believe our growth in mobile illustrates that we are well-equipped for this transformation,” said Heath Clarke, Local Corporation chairman and CEO. “We are uniquely positioned with five patents issued in the mobile advertising format known as pay-per-call/mobile lead generation. We expect these will become the leading ad products for monetizing local mobile searches. With advertisers committing increasing budgets to mobile, our record mobile traffic and intellectual property represent an opportunity to capitalize on this trend.”
According to BIA/Kelsey, U.S. local ad spending on mobile is expected to grow at a compound annual growth rate of 49.3 percent, from $1.2 billion in 2012, to $9.1 billion in 2017.