Local.com aussichtsreich

Auch wenn Facebook ein Unternehmen ist, das vielleicht momentan fair bewertet ist und schon wegen seiner Größe in einem Technologiedepot nicht fehlen sollte, ist das Bessere bekanntlich immer doch des Guten Feind: Rationale Investoren könnten durchaus zu dem Ergebnis kommen, dass es Sinn macht z.B. 10% ihrer Facebook-Aktien zu verkaufen und sich dafür mit Local Corp mehr Performance für die Zukunft ins Depot zu legen.  

Cash-Machine "Network" - Network Revenue Trends

Q3/2012: 5.0 million revneues

Q4/2012: 7.6 million revenues

Q1/2013: 8.3 million revenues

Q2/2013: 11.6 million revenues

Q3/2013: 14.5 million revenues

Q4/2013: 16.1 million revenues Less

Network-revenues increased in the last 12 months 8.5 million from 7.6 million in Q4/2012 to 16.1 million in Q4/2013 = a growth-rate of 112%.
 

User of Local Corp is only valued with $1, WhatsApp = $42, Yelp = $52, Twitter = $125, Linkedin = $85, Facebook = $141, Angies List = $418 and Google = $748

If Local Corp were valued like Twitter, the market-cap of Local Corp were 4,000 million (= 4 billion), not only 36 million like Friday.
 

dem bleiben jetzt noch knapp zwei Stunden, um sich einzudecken. Wie man aus Erfahrungen weiss, dauern Schlussverkäufe nicht ewig - obwohl nackte Shortseller quasi unbegrenzt verkaufen können, wenn sie kreditwürdig genug sind. Aber irgendwann wird auch ihnen das Risiko zu groß, wenn sie eine Unternehmung nicht umbringen können. Und das scheint mir bei Local Corp, die mit sehr niedrigen Schulden arbeiten und einen positiven Cash Flow from Operations haben, ziemlich ausgeschlossen.  

who want to reach consumers in the markets you serve. Local Corp helps publishers increase traffic and revenue with quality local content.

Partner with us to bring more to your website with smart monetization solutions for online publishers

We help online publishers of all sizes tap into the growing number of local searches, attract more visitors and build new revenue streams by providing an industry leading, turnkey content and paid search solution.

As a publisher partner, you get access to a complete hosted and monetized local content solution for shopping or business that is compatible across any web or mobile device. Or, you can simply integrate our high-performing paid search ad solution, and get access to more than 250,000 advertisers who want to reach consumers in the markets you serve.

1,600 + partner sites

Get Found Everywhere: Appear in more local searches and increase relevant traffic with rich locally targeted shopping and business content.

Maximize Monetization: Build a new revenue stream with monetized content and paid search solution while supporting local business relationships.

Turnkey Revenue Solution: Integrate a fully hosted and constantly optimized digital revenue solution without any of the capital investment typically required. Less

How to Optimize for Local Search on Your Website (Source: Hubspot "

"1) Invest in content, content, content.

Every new blog post is a new indexed page for your site, a new page on which to target a geographic search phrase, and a new opportunity to get found in the search engine results pages (SERPs). If you're having trouble coming up with geo-targeted content, consider highlighting customer success stories and case studies."
 

User of Local Corp is only valued with $1, WhatsApp = $42, Yelp = $52, Linkedin = $85, Twitter = $125, Facebook = $141, Angies List = $418 and Google = $748

If the about 32 million Monthly Unique Visitors of Local Corp were valued like the Monthly Unique Visitors of Linkedin, the market-cap of Local Corp must be 2,720 million = 2.720 billlion, but the market-cap of Local Corp is today about 36 million.
 

- Reached fourth quarter revenue of $26.8 million, a 30 percent increase from fourth quarter 2012
- Achieved positive cash flow for the fourth quarter
- Reduced GAAP net loss year-over-year by more than 50 percent
- Finished the fourth quarter with $1.4 million of Adjusted EBITDA*
- Four consecutive quarters of Adjusted EBITDA growth
- Fourth quarter mobile traffic was up 24 percent from the prior year period
- Fourth quarter network revenue was up 112 percent from the prior year period
- Reached fiscal year 2013 revenue of $94.4 million with Adjusted EBITDA of $4.5 million
- One User of Local Corp is only valued with $1, WhatsApp = $42, Yelp = $52, Linkedin = $85, Twitter = $125, Facebook = $141, Angies List = $418 and Google = $748

Key Takeaways - About Growth of Local Corp
• Four consecutive quarters of revenue and Adjusted EBITDA growth
• Q4 revenue of $27M up 30 percent from prior year period
• Q4 Network revenue up 112 percent from the prior year period
• Q4 O&O revenue up 20 percent rom Q3 2013

Key Takeaways - About Financials of Local Corp
• Ended FY-13 with $5.1M in total cash
• Reached FY-13 revenue of $94.4M and Adjusted EBITDA of $4.5M
• Finished Q4 with $1.4M of Adjusted EBITDA
• 2014 guidance: Revenue between $103M and $107M, and Adjusted EBITDA between $3M and $4M

Key Takeaways - About Mobile by Local Corp
• Q4 mobile traffic up 24 percent from prior year period
• Q4 mobile traffic 39 percent of overall traffic
• LaunchedHavvitTM Local ShoppingApp powered by Krillionplatform
• Launched Mobile Pay-Per-Call Lead Generation Network

Source: Last 8K-Report  

Big Progress in Network Canibalize the Unique Visitors of Owned and Operated:
Monthly Unique Visitors of the Unit "Qwned and Operated" (Flagship-Site) decreased from 20,878,385 in December to 18,385,364 in January.

Maybe this were compensated through an increase of the Monthly Unique Vistors of the Network, which were counted by number if the Monthly Unique Visiitors of the network. I believe, that im makes sense to prublish this numbers more concrete, too -. not only that in both sectors ("Owned and Operated" and "Networik") the number of Monthly Unique Visitors was bigger than 30 million.

But very positive is, that revenues of the networik-unit are a lot more profitable than the revenues from the network. Less

$ in Millions Q4-11 Q1-12 Q2-12 Q3-12 Q4-12 Q1-13 Q2-13 Q3-13 Q4-13
Network Revenue $5.1 $4.1 $5.0 $5.0 $7.6 $8.3 $11.6 $14.5 $16.1

$ in Millions Q4-11 Q1-12 Q2-12 Q3-12 Q4-12 Q1-13 Q2-13 Q3-13 Q4-13
Network $ 5.1 $ 4.2 $ 4.1 $ 5.0 $ 7.6 $ 8.3 $ 11.6 $ 14.5 $ 16.1
O&O $ 19.8 $ 20.1 $ 22.6 $ 19.4 $ 12.9 $ 13.2 $ 11.1 $ 8.9 $ 10.7
Consolidated Revenue $ 24.8 $ 24.3 $ 26.7 $ 24.4 $ 20.6 $ 21.5 $ 22.7 $ 23.5 $ 26.8
$ in Millions Q4-11 Q1-12 Q2-12 Q3-12 Q4-12 Q1-13 Q2-13 Q3-13 Q4-13
Network Revenue $5.1 $4.1 $5.0 $5.0 $7.6 $8.3 $11.6 $14.5 $16.1

$ in Millions Q4-11 Q1-12 Q2-12 Q3-12 Q4-12 Q1-13 Q2-13 Q3-13 Q4-13
Network $ 5.1 $ 4.2 $ 4.1 $ 5.0 $ 7.6 $ 8.3 $ 11.6 $ 14.5 $ 16.1
O&O $ 19.8 $ 20.1 $ 22.6 $ 19.4 $ 12.9 $ 13.2 $ 11.1 $ 8.9 $ 10.7
Consolidated Revenue $ 24.8 $ 24.3 $ 26.7 $ 24.4 $ 20.6 $ 21.5 $ 22.7 $ 23.5 $ 26.8
 

ich meinen Bestand auch auf 100.700 Stück erhpht - nicht unbedingt in dieser Größenordnung zur Nachahmung zu empfehlen, aber der eine oder andere wird sich bei den folgenden Fakten eine kleinere Zumischung überlegen, die dem vorhandenen Risiko angemessen sein sollte.

A company with such numbers is extreme undervalued with 36 million

Overall, we believe 2013 was all about execution. This is evident as we finished the year with revenue of $94.4 million and adjusted EBITDA of $4.5 million with positive cash flow from operating activities. As a result, our teams focus and hard work, we had one of the best financial results in the company’s history. That being said, we also saw our [indiscernible] challenges last year.
 

allerdings die Finger von der Aktie lassen - denn man benötigt hier Zeit und Geduld, obwohl der Aktienkurs jederzeit explodieren kann, z.B. wegen einer Übernahme, die ich momentan aber absolut nicht wünsche, da selbst bei einer Übernahme zum jetzigen Preis gigantische Wert verschenkt würden.  

Natürlich würde ich mir eine Übernahme wünschen, ist doch nur eine Frage des Preises.
M.M. sollte dieser dann mindestens bei  10XUmsatz ++  liegen.
Meine reine private Schätzung liegt bei >=1,5 mrd $ , jeder tiefere Preis  findet hoffentlich keine Akzeptanz  vom Vorstand !
Denke aber , dass man nicht auf die schnelle Mark aus ist und die AG weiter entwickelt .
Ein Paukenschlag wäre vll. eine Kooperation mit einem XY Finanz-Partner , der dann das bezahlen mit Smartphone ermöglicht ?
Würde perfekt zu "Havvit" passen und wäre genial, m.M.
Schaun mer mal.....  

Strreet Fight - INSIDE THE BUSINESS OF HYPERLOCAL: Thiel has some big shoes to fill.
Openings & New Hires at Kenshoo, GateHouse, Local Corp and Search Influence

17 January 2014 by Kelly Benish

Every two weeks, Search Influence’s Kelly Benish — who knows practically everyone in hyperlocal — covers some of the latest job changes taking place in this dynamic industry. (Plus, scroll down for jobs on offer now.)

Fred Thiel – Local Corp.
Local Corp, the Irvine-based online advertising technology company recently chose Fred Thiel as their new board of directors chairman. Thiel replaces Heath Clarke, former CEO and chairman, who abruptly left Local last week due to personal reasons. Clarke founded Local Corp. in 1999 to connect businesses to consumers with their suite of advertising products. I’m sad to see Heath leave, but excited to see where he decides to go. Meanwhile, Thiel has some big shoes to fill.


Und bei Linkedin kann man unter anderem lesen:
Fred Thiel is an independent board member/operating partner/senior advisor to private equity and venture capital firms, their portfolio companies, and public and private technology companies. He also sits on a number of public and private corporate boards and mentors management teams of promising new companies.

He provides deep technology industry expertise, strategic advice on generating growth and shareholder value, acquisition strategy development and execution, and exit strategy development and execution.

Fred has over 25 years operating experience leading companies in the technology, data communications, Internet, M2M, automation, Big Data, digital media and software industries. He has repeatedly driven rapid growth and generated hundreds of millions of dollars in shareholder value.

As a CEO, Fred led companies through rapid growth to IPO, repositioned companies for high value exits to strategic and financial acquirers, led M&A and roll-up strategies, as well as successfully executed corporate turn-arounds.

For the past eight years Fred has worked with private equity and venture capital firms in the roles of managing partner of the firm and independent operating partner/senior advisor to build and execute investment theses, source and execute acquisitions, build management teams and drive growth in both revenues and share holder value.

Fred's deep industry expertise includes IoT (Internet of Things), M2M (machine to machine communications), Big Data software, enterprise software, wired and wireless data networking and communications, data storage, industrial automation, internet media, internet marketing and systems integration.

Fred attended the Stockholm School of Economics, completed executive classes at Harvard Business School and is fluent in English, Spanish, Swedish and French.

Fred is a current member of WPO and former chapter chairman of the YPO California Coast chapter. Less
 

SUMMARY RESULTS
(in thousands, except per share amounts)
Q4 2013 Q3 2013 Q4 2012
Consumer Properties:
Owned & Operated $ 10,701 $ 8,932 $ 12,940
Network 16,104 14,540 7,636
Revenue $26,805 $ 23,472 $20,576  

Rakuten LinkShare Acquires Advertising Firm MediaForge
By Ina Steiner
EcommerceBytes
September 06, 2012
-------------------------------------
Affiliate-marketing company Rakuten LinkShare is acquiring Utah-based MediaFORGE, an online display advertising and retargeting company.

A Rakuten LinkShare spokesperson said the acquisition would help online retailers increase conversions with LinkShare's performance marketing tools and MediaFORGE's tools for identifying, nurturing, and retargeting online consumers. The MediaFORGE pricing model is based on conversions attributed to consumer engagement.

mediaFORGE's display platform provides online advertisers with a unique way to prospect, retarget, nurture, and engage customers to help drive higher conversion. According to the company's press release, "Rakuten LinkShare's global network will enable mediaFORGE to accelerate its expansion and reach throughout the US, Canada, the UK, and Japan. Long term the two companies will work together along with advertisers and publishers to identify multi-channel synergies and technical integration opportunities that will create value within today's dynamic online advertising landscape."

Rakuten Linkshare's parent company is Japanese ecommerce-powerhouse Rakuten, which has gone on a global buying spree over the past several years and calls itself the "Amazon of Japan."

Rakuten acquired NYC-based affiliate marketing company LinkShare in 2005, Buy.com in 2010, invested $100M in Pinterest in 2012. Last year it acquired ebook publisher Kobo for $315 million in cash.

Rakuten also owns Rakuten Ichiba in Japan, PriceMinister in France, Play in the UK, Tradoria in Germany, Rakuten Brazil, Rakuten Taiwan, TARAD in Thailand, and Rakuten Belanja Online in Indonesia.

Ina Steiner is co-founder and Editor of EcommerceBytes .
 

iCash Flow from Operations were postive 3.0 million in 2013, not only positive 0.8 million like reported, if the growth of Accouts receivable and Accouns Payable were equal.
 

The positive Cash Flow was only 0.8 million in 2013, because the Accouts Payable increased 2013 6.6 million, but the Accounts Payable only 4.4 million - that a 2.2 million lower.

Without this 2.2 million the positive Cash Flrow from Operations in 2013 were 3.0 million (0.8 million + 2.2 million).  

Defintion vom operativem Cash Flow wäre der Egebnis übrigens positive 3,0 Millionen gewesen, da bei uns Veränderungen der Forderungen und Verbindlichkeiten nicht in den perativen Cash Flow einfließen - und zwar richtigerweise, dennVeränderungen der Forderungen und Verbindlichkeiten sind Finanzierungsfragen und haben nichts mit der Ertragskraft zu tun.  

ist auf Yahoo nicht möglich. Fragt den dortigen Webmaster einmal, ob er dafür bezahlt wird. Denn als Shortseller wäre mir das schon einiges wert, von diesen Clients niemand erfährt.

Retailers

A: AT&T, Ace Hardware, Ann Taylor, Apple

B: Babies R Us, Bed Bath And Beyond, Best Buy, Big 5 Sporting Goods

C: CVS, Carters, Catherines, Coldwater Creek, Costco, crocs

D: Dicks Sporting Goods

E: Express

F: Foot Locker, Fossil, Fry's

G: GameStop

H: Harbor Freight, Home Depot

I: IKEA

J: JC Penney

K: Kmart, Kohls

L: L'Occitane en Provence, Lane Bryant, Last Call by Neiman Marcus, Levi's, Lowe's

M: Macy's, Micro Center

N: Nordstrom

O; Orchard Supply Hardware, Office Depot, OfficeMax

P: PC Mall, Pauls Tv, Petco, Pottery Barn, Pottery Barn Kids

R: REI, RadioShack, Restoration Hardware, Rite Aid

S: Saks Fifth Avenue, Sears, Sony Store, Sperry Top-Sider, Staples, Sur La Table

T: Target, Teavana, The Children's Place, Tommy Hilfiger, Toys R Us, True Value Hardware

W: Walgreens, Wal-Mart, Williams Sonoma, Wrangler


 

der vom Criminal Crime behind The Street Sweeper gekaufte Yahoo-Webmaster:

The discussion on the this thread is cash, liquidty and cash flow - not assets. Ask the criminal manipulator and falsificator TANKEN.. after the assets of WhatsApp?

One million or two million or three million - never 13 million, but Facebook paid 13 billion.  

http://about.krillion.com/OurPlatform  

Cash Flow from Operations of Local Corp were positive 3.0 million in 2013 - not only positive 0.8 million like reported, if the growth of Accounts receivable and Accounts Payable were equal.

The positive Cash Flow was only 0.8 million in 2013, because the Accounts Payable increased 2013 6.6 million, but the Accounts Payable only 4.4 million - that are 2.2 million lower.

Without this 2.2 million the positive Cash Flow from Operations in 2013 were 3.0 million (0.8 million + 2.2 million).
The positive Cash Flow was only 0.8 million in 2013, because the Accounts Payable increased 2013 6.6 million, but the Accounts Payable only 4.4 million - that are 2.2 million lower.

Without this 2.2 million the positive Cash Flow from Operations in 2013 were 3.0 million (0.8 million + 2.2 million).
 

Cash 12-31-12: $3.7 million
Cash 12-31-13: $5.1 million
Increase of cash: $1.4 million
Increase of Accounts Receivable: 6.6 million
Complete Increases of Cash and Accounts Receivable: 8 million

Debt 12-31-12 : $10.0 million
Debt 12-31-13: $12.7 million
Increase of debts: $2.7 millioin
Increase of Accounts Payable: 4.4 million
Complete Increase of debts and Accounts Payabl: 7.1 million

And the difference are the reported 0.9 million positive Cash Flow from operations, which were 3.0 million by a simultan increase of Accounts Receivable and Accounts Payable.  

The german definition of cash flow from operations ignore changes in Accounts Receivable und Accounts Payable - and after this definition the cash flow from operation were positive 3.0 million.

I believe, the german definition is a better measure of cash flow from operations, beacuse Accounts Receivable und Accounts Payable after my opion partrs of finanancing - and not operative activities.  

hätte sich meines Erachtens ein operativer Cash Flow von 3,0 Millionen für Local Corp in 2013 ergeben, es sei denn, man würde die Beispiele hinter den Spiegelstrichen zu den nicht zahlungswirksamen Aufwendungen und den nicht zahlungswirksamen Ertägen um die Veränderunge der Forderungen aus Lieferungen und Leistungen und der Verbindlichkeiten aus Lieferungen und Leistungen hinzufügen - das hängt davon ab, wie man den Liquditätsbegriff definiert.

Indirekte Cash Flow-Ermittlung
Um den (Brutto-) Cash Flow auf indirektem Wege zu ermitteln, werden die Positionen, die nicht zahlungswirksam sind, aus dem Jahresüberschuss herausgerechnet. Das Grundschema für die indirekte und häufiger angewendete Berechnung des Cash Flows sieht wie folgt aus:

Jahresüberschuss
- nicht zahlungswirksame Erträge
+ nicht zahlungswirksame Aufwendungen
= Cash Flow i.e.S.

Zu den nicht zahlungswirksamen Aufwendungen zählen u.a.:
Einstellungen in die Rücklagen
Erhöhung des Gewinnvortrages
Abschreibungen
Erhöhung der Sonderposten mit Rücklageanteil
Erhöhung der Rückstellungen
Bestandminderung an fertigen und unfertigen Erzeugnissen
Periodenfremde und außerordentliche Aufwendungen

Zu den nicht zahlungswirksamen Erträgen zählen u.a.:
Entnahme aus Rücklagen
Minderung des Gewinnvortrages
Zuschreibungen
Auflösung von Wertberichtigungen
Minderung der Sonderposten mit Rücklageanteil
Auflösung von Rückstellungen
Bestandserhöhungen an fertigen und unfertigen Erzeugnissen
Aktivierte Eigenleistungen
Periodenfremde und außerordentliche Erträge

http://www.controllingportal.de/Fachinfo/...low-Berechnungsarten.html
 

The business of Local Corp is more sustainable than the business of Yelp. Yelp is bad for real consumer-products, you can it only use for restaurants and similar. But if you had found an excellent restaurant, you will ignore Yelp in the future.

But by every buy of a new product, you want to look at the inventory and prices of some shops around you and use an offer of Local Corp, especially since Krillion was intergrated in the most offers of Local Corp.

And therefore a rational investor will hurry with a change from extreme overvalued Yelp with the big danger of a fast saturation to the extreme undervalued Local Corp .

And that is the reason, why Microsoft chosing Local Corp's Krillion - not Yelp!

The partnership with Microsoft connects Local Corp to millions of customers searching for products and services through Bing

Microsoft's search engine has seen growth recently against larger rival Google (GOOG). In July, Bing had a 17.9% market share of searches in the United States. This number is up 2% from the previous year. Bing has seen growth through growing demand for Windows 8 products and being the search of choice for Apple's (AAPL) Siri voice search technology. Google and Yahoo (YHOO) had market shares of 67% and 11.3%, respectively for the month of July.

Local Corp will provide location-based local product search results for web searches through Bing. Local Corp's new deal will also integrate search results using the company's Krillion platform. Krillion offers unique searching, connecting customers and retailers with actual products in stock, using patented technology. Less