Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

FolioDynamix Creates Solution to Help Firms Prepare for DOL Fiduciary Rule Change
.

Technology and advisory solutions paired with high-touch support to help firms manage the impact of the looming legislative changes
.
NEW YORK, March 15, 2016 (GLOBE NEWSWIRE) -- The upcoming DOL Fiduciary Rule change finds many financial services firms scrambling to put steps and solutions in place to help advisors affected by the expansion of the “best interest standards” to individual retirement accounts and 401(k) rollovers. With confusion over both the dates involved and the actual provisions of the lengthy legislation, many firms are under the gun with some version of the legislation inevitable.

FolioDynamix has teamed up with industry research group Beacon Strategies, LLC to create a high-level whitepaper on the topic to help firms and advisors drill down to the actual impact of the rule. This new content was informed by a series of study groups focused on the DOL rule change with broker-dealer, insurance, and RIA firms across the industry, facilitated by Beacon.

“Philosophically, we are strong believers in fee transparency and believe it helps advisors build strong long-term practices—but recognize there are many circumstances in which commission business also makes sense. Our immediate concern is that this new rule will be both time consuming and potentially difficult for firms to administer,” says Steve Dunlap, president of FolioDynamix.
 

FolioDynamix offers a solution that can help firms transition their commission-based business into advisory accounts. There are even options for smaller-balance accounts that might not normally meet managed account thresholds. Key firms have already begun taking advantage of this solution through models that include mutual funds chosen based on risk-tolerance assessments to help determine proper asset allocation. FolioDynamix trades these models and provides research and due diligence, allowing advisors to offer a separately-managed account option to investors of any size.

“Transparency has always been of utmost importance to our process in choosing managers and in turn, communicating with clients. It is one of the three main tenets of our comprehensive research and due diligence process,” says Shari Hensrud, CIO and president of FDX Advisors. “Our ability to leverage our own in-depth research and work closely with hand-picked investment managers allows us to put a solution in place to help investors of any size.”

To support firms and advisors in this effort, FolioDynamix is offering a complimentary “DOL Risk Exposure Assessment,” during which an FDX Advisors analyst will spend time with a firm to run through their retirement business and offer suggestions to allow firms to meet the regulations by the deadline. FolioDynamix has made copies of the whitepaper available for download: http://www.foliodynamix.com/dol-fiduciary/

Source: Actua  

auf irgendwelchen Boards dumm labern.

Richtig ist sicher, dass das Management kein Interesse an hohen Kursen hat, denn die Ausgabe neuer Aktien hat man letztmals vor ca. 10 Jahren nötig gehabt - und von niedrigen Kursen profitiert das Management bei Optionen und wir alle beim Rückkauf.

Daher haben sie auch 10-K so weit hinausgezögert, wie es geht - aber der kommt in den nächsten Stunden noch, zumindest heute noch nach US-Zeit.

PART
III
—
NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed
within the prescribed time period.
Actua
Corporation
(the
“Company”)
was
unable
to
file
its
Annual
Report
on
Form
10-K
for
the
year
ended
December
31,
2015
(the
“
Form
10-K”)
within
the
prescribed
time
period
without
unreasonable
effort
or
expense.
The
Form
10-K
was
not
filed
by
the
prescribed
due
date
because
of
the
greaterthan-
anticipated
time,
resources
and
effort
required
to
complete
work
related
to
(1)
a
goodwill
impairment
charge,
as
well
as
(2)
the
assess
ment
of
the
Company’s
internal
control
over
financial
reporting
under
a
recently
adopted
regulatory
framework
,
which
has
resulted
in
a
finding
of
material
weakness
in
internal
control
over
financial
reporting
at
the
Company
relating
to
the
control
environment
at
one
of
the
Company’s
subsidiaries,
Bolt
Solutions,
Inc.
In
light
of
the
material
weakness,
the
Company
has
engaged
significant
internal
and
external
resources
to
perform
supplemental
procedures
prior
to
filing
the
Form
10-K;
those
procedures
have
allowed
the
Company
to
conclude
that,
notwithstanding
the
material
weakness
described
above,
the
consolidated
financial
statements
to
be
included
in
the
Form
10-K
(and
those
included
in
to
the
Company’s
press
release,
dated
February
29,
2016,
that
was
furnished
as
Exhibit
99.1
to
the
Company’s
Current
Report
on
Form
8-K,
dated
February
29,
2016)
fairly
present,
in
all
material
respects,
the
Company’s
financial
position,
results
of
operations
and
cash
flows
for
the
periods
presented
in
conformity
with
accounting
principles
generally
accepted
in
the
United
States
of
America.
The
Company
expects
to
file
the
Form
10-K
no
later
than
15
calendar
days
following
the
prescribed
due
date.
(Attach Extra Sheets if Needed)  

https://biz.yahoo.com/e/160315/acta10-k.html  

As of the date of this Report, we own substantial majority controlling equity positions in (and therefore consolidate the financial results of) each of the four businesses in our vertical cloud segment: Bolt (of which we own 70%), FolioDynamix (of which we own 98%), GovDelivery (of which we own 92%) and VelocityEHS (of which we own 98%). For a description of each of those businesses and the cloud-based solutions they offer, see "Item 1 - Business". Our vertical cloud (venture) reporting segment includes businesses with many characteristics similar to those of the businesses in our vertical cloud segment, but in which we take a less active role in terms of strategic direction and operational support, and, accordingly, towards which we devote relatively small amounts of personnel, financial capital and other resources. Each of the two businesses in our vertical cloud (venture) reporting segment, InstaMed and Parchment, is accounted for under the cost method of accounting (see Note 2, "Significant Accounting Policies," to our Consolidated Financial Statements) since we own less than 20% in each of these businesses.  

As described in expanded detail below, each of our four vertical cloud businesses, Bolt, FolioDynamix, GovDelivery and VelocityEHS, offers cloud-based products and services that address the needs of a specific vertical market or industry. Each of those businesses competes with one or more traditional or cloud-based software firms, some of which have a horizontal/multi-industry focus and some of which may have better name recognition and greater financial and other resources than our businesses do. We believe that each of our businesses is well-positioned to compete with those firms because of, among other things, the vertical domain expertise and vertically-focused technology that we have cultivated.

Our focus on serving vertical markets, each of which has customers with similar needs and challenges, allows for narrowly-focused and rapid product development, which results in technology that is often better suited than a horizontal solution to address customer needs and challenges. In addition, our proprietary, scalable and secure multi-tenant architecture enables us to have relatively lower research and development expenses than traditional software companies. Based in large part on those advantages, we have invested, and will continue to invest, heavily in research and development at each of our businesses to continue to develop differentiated, vertically-focused cloud-based offerings, which are highlighted
 

korrigiert - ansonsten hat sich gegenüber der Bekanntgabe der Quartalsergebnisse nichts verändert.  Ursache dürfte Probleme über die Zuordnung von Erlösen auf die Jahre 2015 und 2016 sein, wie sie ja bei Subskriptionsmodellen öfter einmal vorkommen.

�        Bolt's revenue grew approximately 11% from the prior year, and Bolt
        finished the year serving approximately 2,100 independent commercial and
        personal property and casualty insurance agent customers, seven large
        commercial and personal property and casualty insurance carrier-agency
        customers, six customers who are non-traditional sellers of commercial
        and personal property and casualty insurance products and one state
        commercial and personal property and casualty insurance exchange
        customer;


�        FolioDynamix's revenue grew 11% from the prior year (during which Actua
        owned FolioDynamix for only approximately two months), and it finished
        the year serving over 87 direct financial services organizations, such
        as brokerage firms, banks (trust and retail), large RIAs and RIA
        networks and other fee-based managed account providers;


�        GovDelivery's revenue grew approximately 26% from the prior year, and it
        finished the year serving over 1,000 government entities, agencies and
        organizations at the national, state and local levels in both the United
        States and Europe; and


�        VelocityEHS' revenue grew approximately 36% from the prior year, and it
        finished the year serving close to 11,500 customers; approximately 75%
        were platform customers, consisting of large and mid-market North
        American businesses in a wide variety of industries.


 

https://www.govdelivery.com/blog/...-what-is-the-govdelivery-network/  

http://icge.ir.edgar-online.com/efxapi/EFX_dll/...MjS&ID=11259487  

The message from 10-K Annual Report
.

We feel that the expertise we have developed in connection with our nineteen-year active involvement in transforming markets through the adoption of cloudbased software and services allows us not only to identify cloud-based businesses that are positioned to succeed in their respective verticals, but also to accelerate
the growth of those businesses through strategic guidance, operational support and financial capital. To that end, we manage our consolidated vertical cloud-based businesses, BOLT Solutions, Inc. (“Bolt”), FolioDynamics Holdings, Inc. (“FolioDynamix”), GovDelivery Holdings, Inc. (“GovDelivery”) and VelocityEHS
Holdings, Inc. (“VelocityEHS”), which operate in the commercial and personal property and casualty insurance, wealth management, government communicationsc and environmental, health and safety (“EH&S”) markets, respectively, with a uniform set of industry-standard recurring revenue metrics and specifically look to drive growth at those businesses by:

• continuously creating compelling, differentiated cloud-based products and services through investment in research and development;

• driving efficient long-term growth in recurring revenue through aggressive investment in lead generation, marketing and sales;

• identifying, structuring and executing accretive acquisitions that accelerate strategic plans, increase revenue growth and, over time, improve margins
;
• investing in and cultivating deep, domain-expert management teams; and

• implementing strategies to obtain operational leverage and increased profitability while maintaining relatively high revenue growth, particularly as a company scales. Less
 

Operative Cash Flow was between 5.4 million and 9.4 million better than the guidance

"Now turning to the annual figures, revenue was $133.4 million for 2015, up from $84.8 million in 2014. We came in within our original guidance range. On an annual basis, we improved operating cash flow over $13 million from a use of $14.2 million in 2014 to use of $600,000 in 2015, much better than our original 2015 guidance of negative $6 million to negative $10 million of operating cash flow."

Source: Last Conference Call
 

Vom 1. bis 14. März 2016 hat Actua 180.700 Aktien zu einem Durchschnittspreis von $ 9,23 gekauft und dafür 1,6 Millionen ausgegeben.

Total Number
of
Shares
Purchased (1)
Average Price
Paid
per Share (2)
Total Number of
Shares Purchased as
Part of Publicly
Announced
Program (1)
Approximate Dollar
Value That May Yet
Be Purchased
Under
the Program
Repurchased during the year ended
12/31/2008 1,948,158 $ 4.75 1,948,158 $ 15.7 million
Repurchased during the year ended
12/31/2009 492,242 $ 5.45 492,242 $ 13.1 million
Repurchased during the year ended
12/31/2010 — $ — — $ 13.1 million
Repurchased during the year ended
12/31/2011 841,027 $ 10.17 841,027 $ 29.5 million
Repurchased during the year ended
12/31/2012 930,225 $ 8.94 930,225 $ 21.2 million
Repurchased during the year ended
12/31/2013 906,285 $ 13.23 906,285 $ 109.2 million
Repurchased during the year ended
12/31/2014 773,635 $ 16.52 773,635 $ 96.4 million
1/1/2015 to 1/31/2015 96,277 $ 17.66 96,277 $ 94.7 million
2/1/2015 to 12/31/2015 — $ — — $ 94.7 million
1/01/2016 to 1/31/2016 — $ — — $ 94.7 million
2/01/2016 to 2/29/2016 — $ — — $ 94.7 million
3/01/2016 to 3/14/2016 180,700 $ 9.23 180,700 $ 93.1 million
Total 6,168,549 $ 9.23 6,168,549 $ 93.1 million
 

unique assets which are hard to replicate and which provide competitive differentiation in the sizable vertical markets in which they operate
.

We believe that, through those and other measures, we are developing a set of leading businesses that possess unique assets which are hard to replicate and which
provide competitive differentiation in the sizable vertical markets in which they operate. We believe further that our vertical cloud business model focus, which
drives the compelling value proposition of our businesses, well-positions us to generate sustained, meaningful long-term returns for our stockholders, through,
among other things:
• revenue visibility and predictability (and lower revenue volatility than traditional software companies);
• strong gross margins;
• disciplined customer acquisition and attractive lifetime customer values, which allow for efficient growth through investment in sales and marketing;
• economies of scale inherent in multi-tenancy software architecture, which allow a focus on innovation; and
• ultimately, long-term profitability and operating cash flow
 

I am sure, that Actua had contiuned with buying at 3/15,/2016 , 3/16/2016 and 3/18/2016, because at all days the share-price was lower than the average of $ 9.23 in the days before in March.  

Diese Cash-Flow-Überbietung des Guidance zwischen 5,4 Millionen und 9,4 Millionen (Spanne geht auf 5 Millionen Guidance-Spanne zurück) ist im Kurs auch noch nicht ansatzweise berücksichtigt - die durch sparsame Ausgabengestaltung sicher mitverursachte Guidanceunterbietung des Umsatzes um weniger als ein Million dagegen schon - und zwar in einem nicht rational nachvollziehbaren Umfang.

Diese Politik wird man zwar nicht im gleichen Umfang fortsetzen, zeigt aber die Möglichkeiten des Geschäftsmodells in Sachen Cashgenerierung. Offensichtlich will man die stärkere Cash-Generierung für den ankündigten Rückkauf von 3,3 Millionen Aktien in 2016 verwenden.

Und das ist gut so und läuft bereits seit Anfang März.  

March 17th, 2016
VelocityEHS : Taking Advantage of the Ergonomics Industry Opportunity
Recently, Actua company VelocityEHS strengthened its EHS Platform with the addition of a new ergonomics solution through the acquisition of ErgoAdvocate. For a better understanding of the opportunity within the ergonomics industry, please check our new infographic.   This piece outlines how the ergonomics assessment and training software contained in the new VelocityEHS Ergonomics Solution minimizes the risk of musculoskeletal disorders and reduces the costs associated with lost productivity and injury expenses.

lUnbedingt weitzerlesen unter:

http://www.actua.com/category/blog/  

Und dieser Prozentanteil wird sich mit steigenden Rückkäufen noch erhöhen - selbst wenn Fidelity nicht selbst dazukauft.

Biggest Qwner Fidelity filed 6,122,912 shares = 15.007%

ACTUA CORP
Filed by
FMR LLC
FORM SC 13G/A (Amended Statement of Ownership)
Filed 02/12/16

Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b)
or
(c)
and
the
person
filing,
FMR
LLC,
is
a
parent
holding
company
in
accordance
with
Section
240.13d-1(b)(1)(ii)(G).
(Note:
See
Exhibit
A).
Item 4. Ownership
(a)
Amount
Beneficially
Owned:
6,122,912
(b)
Percent
of
Class:
15.007%
(c)
Number
of
shares
as
to
which
such
person
has:
(i)
sole
power
to
vote
or
to
direct
the
vote:
1,171,700
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the
disposition of: 6,122,912
 

Von deinem Copy and Paste könntensogar noch die Namensgirlande was lernen.  

http://finance.yahoo.com/mbview/threadview/...amp;tls=la%2Cd%2C18%2C3  

Date

Insider

Shares

Type

Transaction

Value*

Mar 4, 2016 ALEXANDER DOUGLAS A
Officer
20,000 Direct Purchase at $8.67 per share. 173,400

Mar 4, 2016 BUCKLEY WALTER W III
Officer
6,000 Direct Purchase at $8.64 per share. 51,840

Mar 3, 2016 BUCKLEY WALTER W III
Officer
93,306 Direct Acquisition (Non Open Market) at $8.44 per share. 787,502
 

http://www.ehs.com/2016/03/...missions-standards-oil-gas-producers-2/  

Actua Corporation (ACTA) -NasdaqGS  Watchlist

9.40 Up 0.20(2.17%)  Mar 18, 4:00PM EDT

After Hours : 9.27 Down 0.13 (1.38%) Mar 18, 5:34PM EDT

Prev Close:
9.20

Open:
9.27

Bid:
7.79 x 100

Ask:
11.01 x 100

1y Target Est:
15.25

Beta:
1.66506

Earnings Date:
May 3 - May 9 (Est.)


Day's Range:
9.22 - 9.50

52wk Range:
7.28 - 16.45

Volume:
235,432

Avg Vol (3m):
121,182

Market Cap:
348.87M

 

Bolt generates revenue from: (1) SaaS software licenses, (2) maintenance and support services, (3) professional service fees, (4) insurance commissions, including contingency bonus revenues from insurance carriers, and (5) subscription fees. Bolt has typically represented a small amount of Actua’s historical deferred revenue balances. .

FolioDynamix generates revenues primarily in the form of: (1) recurring software license and subscription fees, (2) maintenance and support services, (3) professional services fees from customization and integration services related to its software, (4) professional services fees for customized investment program management, and consulting, and (5) investment advisory services. The initial subscription arrangement term is typically between three and five years.

GovDelivery revenue consists primarily of software subscription revenue; however, GovDelivery has growing revenue from media advertising and delivery of professional services such as developing Drupal applications for government entities. The core business of subscription revenue consist of: (1) nonrefundable setup fees and (2) SaaS monthly subscription fees. GovDelivery has typically represented a significant portion of Actua’s historical deferred revenue balances.

VelocityEHS derives revenue from two sources: (1) SaaS subscription fees and (2) professional services fees. The vast majority of VelocityEHS’ revenue is derived from subscription fees from customers accessing VelocityEHS’ database and web-based based tools; such revenue is recognized ratably over the applicable
contract term, beginning with the subscription start date. VelocityEHS also generates professional service fees from: (a) customer training, (b) authoring of safety data sheets for customers, and (c) compiling of customers’ online libraries of safety data sheet documents and indexing those documents. VelocityEHS has typically represented the majority of Actua’s historical deferred revenue balances. VelocityEHS’ contracts are generally billed annually and are non-cancellable.
 

Total Actua Corporation’s stockholders’ equity (Eigenkapital) von  343 Millionen entspricht auch nach 40 Millionen Wertberichtigung auf Foliodynamix immerhin noch in etwa der gestrigen Marktkapitalisierung von 348 Millionen, was auf ein Kurs-Buchwertverhältnis von 1 hinausläuft.

Die von einigen Diskutanten von Actua hochgelobte Aktie Hypoport weist laut sder heutigen Ausgabe von Euro am Sonntag ein Kurs-Buchwert-Verhältnis von 8,2 auf - meines Erachtens eine Diskrepanz jenseits von Gut und Böse.  

Hypoport verdient aber gutes Geld und ist einer von zwei "Big-Playern" am Markt.

Wie schauts da bei Actua aus?