Recent

% | $
Quotes you view appear here for quick access.

Zillow Group, Inc. Message Board

  • flankenking flankenking Sep 21, 2013 4:22 PM Flag

    Zillow extreme overvalued - Local Corp extreme undervalued - only stupid idiots don't change: Zillow has same revenues like Local Corp, but 70-fold market-cap – a joke

    Income Statement of Local Corp (Market Cap = 46 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
    That are on a yearly base only 0.45-times-revenues of Local Corp.

    Zillow has same revenues like Local Corp, but 70-fold market-cap
    Income Statement Get Income Statement for Zillow (Market-Cap = 3,210 million):

    Quarterly Data All numbers in thousands
    Period Ending Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012
    Total Revenue 22,365 21,755 20,898 25,841

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Source: Citron Research's report

      Zillow reported 2Q13 revenue of $46.92 million versus $27.76 million in 2Q12. Its sales and marketing expense in 2Q13 was $32.92 million versus $12.15 million in 2Q12. So, the company's revenue increased 69% while sales and marketing expense soared 178%.

    • Key Takeaways from Q2’13 of Local Corp with idiotic low 38 million market-cap

      • Increase 2013 guidance:
      » Revenue between $95 million and $97 million
      » Adjusted EBITDA of at least $5.4 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

      • Record Mobile traffic was 34 million MUVS for Q2

      • Sold Spreebird daily deals business, expect $600K annualized improvement in earnings and cash flow

      • Continued expansion of our highest gross margin business – Network ex TAC up 118% from Q2 2012

    • Speaking of "only stupid idiots don't change" flankenking, you've been singing this same song since last September at least ... probably much longer than that. Meanwhile, Local Corp has gone exactly nowhere. While Zillow has appreciated 250%.

 
Z
16.18-0.74(-4.37%)2:37 PMEST