Trulia has only the 1.3-fold revenues of Local Corp, but the 41-fold market-cap
Income Statement of Local Corp (Market Cap = 36 million):
• Sequential revenue growth up 6% to $22.7 million in Q2 from $21.5 million in Q1
• Adjusted EBITDA up 72% to $1.2M in Q2 from $685K in Q1
Income Statement of Trulia (Market Cap = 1,490):
Second quarter revenue of $29.7 million, up 77% year-over-year.
Adjusted EBITDA for the quarter was $3.4 million, compared with -$1.8 million in the second quarter of 2012.