Local.com aussichtsreich

In a global economy that has near-instant access to everything, maybe it’s time to start thinking local.

Mobile internet is responsible for an ever increasing share of the world’s search traffic, and people aren’t just searching from their mobile device, they’re searching local. The thing is, most don’t realize that this isn’t just a niche audience… it’s estimated that 2014 will be the year that more searches will be performed from local devices than from your laptop or desktop at home.

Why does this matter?

Mobile search traffic is largely local and businesses are overlooking the value of local search engine optimization. This is set to becoming a booming industry and yet it’s largely being ignored by those it could be benefitting the most – local businesses.
 

Zillow extreme overvalued - Local Corp extreme undervalued - only stupid idiots don't change

Income Statement of Local Corp (Market Cap = 38.2 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 21-times-revenues - that is the excact the 50-fold valuation of the idiotic low 0.42-times-revenues of Local Corp.

Income Statement Get Income Statement for Zillow (Market-Cap = 3,280 million):
View: Quarterly Data All numbers in thousands
Period Ending Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012
Total Revenue 38,966 34,337 31,915 27,765
Operating Income or Loss (3,802) 511 2,295 1,298 L  

Yelp has only the 2.4-fold revenues of Local Corp, but the 86-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 Yelp (Market Cap = 3,110 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.
 

• Proprietary platform and know-how
»Real time business, product and services data integration
»Large scale local/commercial content production and syndication
»Very large scale CPC ad-serving and distribution
»Web indexing and local search relevance
»Very large scale SEO, SEM campaign expertise
»Local display ad production and syndication
»Web hosting and local/commercial domain name acquisition

• 12 patents issued, 7 pending
»Key patents
–Local web indexing (for indexing local web sites across the web)
–Pay per call for local and commercial searches via a mobile device (multiple patents) - The billion dollar industry question: How do we monetize mobile?
– Dynamic cascading menu search (for product search on tablets and smart phones)
– Bulk domain registration and content management (for very large scale SEO)

Quelle aus #5550  

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.  

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

• Completed a $5 million convertible note financing in April 2013
 

http://www.local.com/topics/?topic=wellness&keyword=wellness  

http://www.local.com/topics/?topic=food&keyword=food  

vom ersten Halbjahr 2013 zum zweiten Halbjahr 2013.

Edward Woo - Ascendiant Capital
Okay. And you've got some better results this quarter, is that the upside you expect -- for you to raise your guidance, or do you see the momentum continuing in the back half?

Heath Clarke - Chairman and CEO
Yeah. We see the momentum continuing in the back half, which is the main reason. It's not that we necessarily overperformed in Q2, . That said, at the mid range, we did $44 million in Q1 and we expect to do about $52 million in -- excuse me, in first half and second half of that $52 million.

Source: Transcript of Conference Call - Read the complete transcript direct on Seeking Alpha
 

http://www.shopbylocal.com/orange+ca.z.html  

in existierende Produkte von Local Corp ist vom Feinsten und wird die Umsätze von Local Corp treiben:

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Shop By Local: Find national brands, locally, with the worlds most relevant local search engine, Krillion  

Popular Retailers by Shop By Local
• Home Depot
• Sears
• Kmart
... More

Popular Brands by Shop By Local
• Frigidaire
• Electrolux
• Samsung
... More

Popular Categories by Shop By Local
• Refrigerators
• Grills
• Headphones
... More  

Krillion adds efficiency to marketing and selling processes across the entire consumer goods value chain by providing up-to-date pricing and real-time, in-store availability.
Our elegant and flexible commerce and media solutions are powered by a comprehensive, location-aware product database:
• Consisting of 100 million unique data elements, many of which change daily
• Covering 200 top commerce categories
• Representing 1,200 brands across 40,000 storefronts  

Job Openings

Your search found 9 matching job(s).

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Location

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Irvine, CA (Corp)

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Irvine, CA (Corp)

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Product Manager
Irvine, CA (Corp)

Project Manager
Irvine, CA (Corp)

Python Developer
Irvine, CA (Corp)

Sr. Director, Technology (Applications)
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Irvine, CA (Corp) L
 

dass das Localized Shopping System auf dem nachstehenden Patent basiert, das offensichtlich schon von anderen verletzt wird - nur die Mediengruppe Gannet hat bisher zur Nutzung eine Lizenz erworben. Andere wie Ebay mit seinem Ableger Milo, bestimmte Angebote von Groupon und viele kleinere Unternehmen stehen noch an. Im Gegensatz zu anderen Patenten hat Local Corp hier den Vorteil, dass es bei den Patentrechtsverletzungen nicht gegen Unternehmen agieren muss, von denen es andererseits abhängig ist. Denn insbesondere bei den frühen Suchpatenten müsste man gegen Yahoo und Google vorgehen, von denen man auf der anderen Seite abhängig ist. Das ist bei dem nachstehenden Patent nicht der Fall.

Local Corp Granted U.S. Patent Number 8,032,427 for a System for Providing Localized Shopping Information

IRVINE, Calif., Oct 17, 2011

Local Corporation, a leading online local media company, today announced that the company has been awarded patent number 8,032,427 by the U.S. Patent and Trademark Office covering a system for providing localized shopping information.

Issued on Oct. 4, 2011, the patent describes a system by which consumers are provided with online information for specific products sold by local retailers using location-based information to determine relevance. The patented system also provides for the display of relevant advertising along with the sought-after local shopping information.

According to BIA/Kelsey, approximately 97 percent of consumers who use the Internet have used it to research goods or services they purchased offline.

"Consumers are increasingly using mobile devices and apps to research products that are ultimately purchased at brick-and-mortar retailers. As a result of this, we believe that location-based services will play a growing role in connecting retailers with ready-to-buy consumers who are searching for those products," said Heath Clarke, chairman and CEO, Local Corp. "We believe this new patent, acquired as part of our acquisition of Krillion, provides Local Corp with important new intellectual property in this space."

Acquired by Local Corp in April, 2011, Krillion is a leading location-based product search service that connects online shoppers with products available in stores locally, with current discount, pricing and product information. Krillion's localized shopping data adds local relevance at the product level and enables national campaigns to reach web-influenced local shoppers across the U.S. Today, the growing Krillion local search index includes more than 1,200 brands representing more than 77,000 products from more than 70,000 retail locations.  

- Significant cost savings in the frist half of 2013

- Positive and growing Adjusted EBITDA 1Q2013 and 2Q2013


Source: Corporate Overview 3Q2013  

Best Message from last Conference Call: 3.75-fold monetizing of traffic is a dramtic increase
.

"We continue to invest to make tremendous progress in mobile. Mobile traffic is at record levels, up 6% consecutively and up 79% over the year ago period. In our regional testing on mobile traffic, we monetized only 20% of the [rated] [ph] desktop traffic. That was a huge gap. To address this, we launched the mobile testing platform during the second quarter, and I am very pleased to report that we now monetize mobile traffic on our network at about 75% of the [rated] [ph] desktop traffic, a huge improvement over the past quarter alone"

Source: Transcript of Conference Call - Read the complete text direct on Seeking Alpha.
 

- denn momentan meines Erachtens bei den Shortsellern so eine Art "Opas letzte Nummer" ab.  

sind hervorragend:

Dramatic decrease of net income loss to only 0.16 (Q2/2013) million after 2.44 million (Q1/2013) after 9.474 million (Q4/2012) and 11.267 million (Q3/2012)

Income Statement
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

Cost of Revenue

16,415

15,631

15,859

18,573

Gross Profit

5,950

6,124

5,039

7,268

Operating Expenses

Research Development

1,517

1,719

1,398

1,259

Selling General and Administrative

4,456

6,524

8,521

8,674

Non Recurring

-

-

4,100

6,451

Others

137

325

494

2,151

Total Operating Expenses

-

-

14,513

18,535

Operating Income or Loss

(160)

(2,444)

(9,474)

(11,267)  

The growth of revenues of 8 million from 44 million in the first half of 2013 to 52 million in the second half of 2013 will change the Operating Loss of only 0.16 million in Q2/2013 toe Operating Income of 1 million in Q3/2013 and 2 million in Q4/2013 or more.

Edward Woo - Ascendiant Capital
Okay. And you've got some better results this quarter, is that the upside you expect -- for you to raise your guidance, or do you see the momentum continuing in the back half?

Heath Clarke - Chairman and CEO
Yeah. We see the momentum continuing in the back half, which is the main reason. It's not that we necessarily overperformed in Q2, . That said, at the mid range, we did $44 million in Q1 and we expect to do about $52 million in -- excuse me, in first half and second half of that $52 million.

Source: Transcript of Conference Call - Read the complete transcript direct on Seeking Alpha  

Definition des operativen Cash Flows, wäre dieser positive ausgefallen, da bei uns i.d.R. Erhöhungen der Forderungen hier nicht als Negativum einfließen:

With the Changes of Accounts Receivables the Cash Flow from Operating Activites were positve in Q2/2013

Increase of Accounts Receivables 3,156

Total Cash Flow From Operating Activities (2,172)
 

Adjusted Net Income im zweiten Halbjahr 2013 von 3 Millionen ausgeht, kommt bei aufs Jahr hochgerechneten Wert und dem absurd niedrigen Kurs auf ein KGV von 5,5.  

davon ca. 4500 als Tradingposition.  

davon beim jetzigen Kurs nichts als Tradingposition, was sich aber ab einem Kurs von $5 ändern wird, weil ich dann einfach aus Streuungsgründen die Lage überdenken müsste.

Bei $5 wären wir bei vorhandenen 23 Millionen Stücken gerade einmal bei einer Marktkapitalisierung von 115 Millionen, was bei 95-97 Millionen Umsatz in 2013 gerade einmal ein Kurs-Umsatz-Verhältnis von 1,2 ist. Das ist bei einem Vergleich mit Competitors extrem niedrig - und zwar selbst dann, wenn man die hohen cost of revenues von Local Corp berücksichtigt, die aber bei den Competitors an anderer Stelle stecken, nämlich bei den Marketingkosten.