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  • flankenking flankenking Oct 20, 2013 3:07 AM Flag

    The Platform - Patented Local Shopping Technology


    Powered by Krillion®, Krillion delivers the most robust and accurate location-based product search data available. Our solutions provide dynamic, up-to-the minute information about where specific branded products are sold, and which retailers have them in stock the instant shoppers are ready to buy.

    Our patented Krillion® localization engine provides aggregated and structured local product shopping data to our business customers and channel partners. We pioneered local shopping search and are committed to the continuous growth of our dynamic platform that supports multi-channel retailers and brands looking to engage consumers wherever they research products and where to buy.

    As a result, our patented data normalization platform offers the most comprehensive cleansing and distribution capabilities in the available today.

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    • Sell all your Yelp shares at once: Yelp has only the 2.4-fold revenues of Local Corp, but the 110-fold market-cap!

      Income Statement of Local Corp (Market Cap = 43.47 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 Yelp (Market Cap = 4,810 million)

      • Net revenue was $55.0 million in the second quarter

      • Adjusted EBITDA for the second quarter of 2013 was approximately $7.8 million, compared to $1.6 million for the second quarter of 2012

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