Local.com aussichtsreich
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Diversified revenue streams
• Local Audience Network
• Hosted Mobile Search
• O&O Properties
• Network
Tegrity by local safeguarding aadvertisers
An advanced technology that filters and scores traffic based on a multitude of data, and in the future will detect, analyze and decide the most successful delivery of content and ads
Quality traffic based on the following core attributes
- Visibility
- Validity
- Authenticity
Market opportunity is growing
• Mobile is the fastest growing segment of search. Mobile localad revenues are projected to grow 3X in 5 yr. to $15.7B in 2018 (BIA/Kelsey 2014)
• Global programmatic digital display ad spending is expected to increase from $21B in 2014 to $55B by 2018 (emarketer)
Innovation yields competitive advantages
• nQuery ™ – hosted local search opens up new enterprise channels and markets
• nTegrity ™ – will detect, analyze and decide the best delivery of content and ads
• IP – Licensing and strategic opportunities
• Fry's settlement of $700k and additional will follow
Improving financial outlook
• Reduced debt by $4.5M million during Q3
• Took cost savings actions during Q4 with expected $2.6M in annual savings
• 7 consecutive quarters of positive adjusted EBITDA
Corporate Overview – Q4/ 2014
Fry’s Electronics, Inc. agreed to license U.S. Patent No. 7,062,453, which covers “methods and systems for dynamic networked commerce architecture
Intellectual Property Update: In September, the lawsuit against Fry’s Electronics, Inc. regarding the infringement of Local’s U.S. Patent No. 7,062,453, which covers “methods and systems for dynamic networked commerce architecture” was settled to the mutual satisfaction of the parties, and Fry’s Electronics, Inc. agreed to license the patent. Local Corporation is continuing its efforts to enforce its intellectual property
rights
"Income from settlement and patent licensing
During the third quarter of fiscal 2014, we reached a settlement agreement in the patent infringement action against Fry’s Electronics, Inc. As part of the settlement agreement, we received a one-time patent license fee payment of $700,000 related to prior infringement of our patent."
We have identified hundreds of websites and applications that we believe infringe upon this patent and believe there are likely thousands more. We have set a clear course to begin the process of licensing this patent and expect to continue to report the results of these monetization efforts with greater frequency. Overall, we currently believe that a conservative estimate of potential future licensing fees that could be generated from this patent is $100 million.
Source: Last Q10
Local Corp has three patents for Enhanced Directory Assistance, a method where a business pays to play its ad when a consumer dials directory assistance, is thrusting Local forward as a key player in the monetization of the multi-billion mobile advertising business. Not just voice, the patent covers text, and voice-to-text, so it's broad and more valuable. Carriers and other online local business websites are using EDA more frequently and will eventually confront Local's patent so there's a great opportunity for future licensing deals.
Methods and systems for enhanced directory assistance using wireless messaging protocols
Patent number: 8359049
Type: Grant
Filed: March 25, 2010
Issued: January 22, 2013
Assignee: Local Corporation
Methods and systems for enhanced directory assistance using wireless messaging protocols
Patent number: 7715857
Type: Grant
Filed: March 23, 2006
Issued: May 11, 2010
Assignee: Local Corporation
Methods and system for enhanced directory assistance using wireless messaging protocols
Patent number: 7200413
Type: Grant
Filed: July 30, 2003
Issued: April 3, 2007
Assignee: Local Corporation
http://finance.yahoo.com/mb/LOCM/...2C1%25252C3&mbtc=mb-tab-topic
Why Local Corp?
Diversified revenue streams
• Local Audience Network
• Hosted Mobile Search
• O&O Properties
• Network
Tegrity by local safeguarding aadvertisers
An advanced technology that filters and scores traffic based on a multitude of data, and in the future will detect, analyze and decide the most successful delivery of content and ads
Quality traffic based on the following core attributes
- Visibility
- Validity
- Authenticity
Market opportunity is growing
• Mobile is the fastest growing segment of search. Mobile localad revenues are projected to grow 3X in 5 yr. to $15.7B in 2018 (BIA/Kelsey 2014)
• Global programmatic digital display ad spending is expected to increase from $21B in 2014 to $55B by 2018 (emarketer)
Innovation yields competitive advantages
• nQuery ™ – hosted local search opens up new enterprise channels and markets
• nTegrity ™ – will detect, analyze and decide the best delivery of content and ads
• IP – Licensing and strategic opportunities
• Fry's settlement of $700k and additional will follow
Improving financial outlook
• Reduced debt by $4.5M million during Q3
• Took cost savings actions during Q4 with expected $2.6M in annual savings
• 7 consecutive quarters of positive adjusted EBITDA
Corporate Overview – Q4/2014
Rating from patentbuddy: 5 from 5 stars
US Patent No: 8,359,049
Methods and systems for enhanced directory assistance using wireless messaging protocols
ALSO PUBLISHED AS: 20100248702
Stats
Jan 22, 2013
Issued date
Mar 25, 2010
filing date
12/661,977
serial no
In Force
Abstract
See full text
Directory assistance provides telephone number look up services to callers based on the business or caller name as listed in a telephone directory. In the prior art, directory assistance provides a value-added service to telephone users and an expense that must be charged back to telephone callers or absorbed by telephone carriers. In enhanced directory assistance (EDA) services as described in the disclosure, EDA is further developed to deliver a keyword targeted advertising service to telephone listing owners and advertisers. The present invention provides a method and system to extend EDA services to the wireless messaging systems used by telecommunications operators. The invention further discloses methods to support both one-way and two-way communications on these devices, as well as systems to support the distributed EDA Transaction business model.
- See more patentbuddy/Patent/8359049
Total Cash Flow From Operating Activities was with 7.4 million positive in the last half year:
Period Ending Sep 30, 2014 Jun 30, 2014
Net Income (1,308) (1,330)
Operating Activities, Cash Flows Provided By or Used In
Depreciation 1,244 1,149
Adjustments To Net Income 430 627
Changes In Accounts Receivables 4,490 5,150
Changes In Liabilities (1,966) (1,321)
Changes In Inventories - - - -
Changes In Other Operating Activities 122 134
Total Cash Flow From Operating Activities 3,012 4,409
Expect expanding EBITDA
• Expect $2.6M in annual cost savings
and improved Adjusted EBITDA
profitability
• Increasing revenue on more profitable
business lines
• Driving growth without significant
incremental cost
• Leveraging existing technology
platform, core development team and
corporate infrastructure
*Based on forecast from 2014 to 2017
• Reduced debt by $4.5M
million during Q3
• Took cost savings actions
during Q4 with expected
$2.6M in annual savings
• 7 consecutive quarters
of positive adjusted EBITDA
growth Less
Adjusted EBITDA positive during the last six years (Company Overview 3/2014)
FY-09
FY-10
FY-11
FY-12
FY-13
FY-14* (Estimate)
Adjusted EBITDA
$3,041
$13,775
$3,247
$777
$4,533
$2,500
The market-cap of Yelp is 3.87 billion and that are the numbers and the result are 10.5-times-revenues.
For the full year of 2014, net revenue of Yelp expected to be in the range of $375 million to $376 million, representing growth of approximately 61% compared to 2013. Adjusted EBITDA is expected to be in the range of $69.5 million to $70.5 million.
The market-cap of Local Corp is 26.02 million. Local Corp now expects 2014 revenue to be in the range of $87 million to $90 million, with the fourth quarter 2014 revenue range of $20 million to $23 million, increasing over the third quarter primarily driven by Network revenue growth. Adjusted EBITDA for 2014 is now expected to be in the range of $2 million to $2.4 million.
reported from CEO of Local Corp Fred Thiel
Source:
Sign Up for Free Basic Account
Statista 2014
Reading support
This statistic shows the market share of search engines in the United States, by share of search queries. In October 2014, Microsoft Sites handled 19.5 percent of all search queries in the United States. During the same period of time, Yahoo had a search market share of 10.3 percent. Market leader Google accounted for 67 percent of all core search queries.
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Das ist so ähnlich, als ob die Polizei Banküberfälle nicht kontrollieren würde.
Es gbit allerdings einen Unterschied: Wenn man die Bankräuber nicht erwischt, ist das Geld endgültig bei den Bankräubern.
Im Gegensatz dazu kann man hier die Kriminellen sogar ausräubern, wenn man zu Ausverkaufskursen Aktien kauft, die sie später eindecken müssen. Der Plan der Kriminellen kann nur aufgehen, wenn sie durch ihre Shortattacken ein Unternehmen umlegen. Das sehe ich aber bei Local Corp nicht, da hier die Verschuldung nur minimal ist. Eine zweite Möglichkeit wäre, dass das Management mit den Verbrechern zusammenarbeitet - wenn der COO Sawtell geblieben wäre, hätte ich das nicht ganz ausgeschlossen. Daher habe ich meine Bestände auch erst masiv nach dessen Rausschmiss erhöht.
http://finance.yahoo.com/mb/YHOO/...2C0%25252C3&mbtc=mb-tab-topic
Dass ich mich darüber nicht bei SEC beschwert habe, hänt lediglich damit zusammen, dass ich trotz meiner jetzt 111.500 Stück eine weitere Erhöhung nicht völlig ausschließe.
Recent Filings
Date Form Title
Nov 25, 2014 8-K Regulation FD Disclosure
Summary - Full Filing at EDGAR Online(1mb)
Nov 12, 2014 8-K Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Sta
Summary - Full Filing at EDGAR Online(921kb)
Nov 12, 2014 10-Q Quarterly Report
Summary - Full Filing at EDGAR Online(2mb
Source: IR of Local Corp
• Local Corps shares have value trough multiple upside catalysts like technology, patents, traffic and a lot more.
• This stock is undervalued based on rival valuations, technology, patents, number of monthly unique visitors, gigantic number of queries, data-collection, number of listed companies, takeover potential and a lot more.
• Local Corp’s shares have long-term potential as well as short-term potential as the end of tax loss selling and short-covering of after my estimate near 10 million shares (of 23 million) could create one of the biggest shortsquezze’s we ever had seen.
My favorite for a merger of Local Corp is Rakuten.
Why? Read more about Rakuten Marketing (Source: website of Rakuten markeing)
"With nine offices around the world, our global marketing services span affiliate, search, mobile, lead generation, display and attribution. The recent merger of LinkShare, MediaForge, Paid Search, DC Storm and Popshops under Rakuten Marketing means we offer the highest level of specialization in our core services combined with an integrated approach to simplify what has become an increasingly complex digital marketing space. In 2014, we launched Cadence, our omnichannel attribution platform that provides a single point of install and cross channel insights to optimize media spend. Our company is headquartered in New York City and has offices in Australia, Brazil, Japan, Singapore, the United Kingdom, France and Germany and throughout the United States."
Total Cash Flow From Operating Activities was with 7.4 million positive in the last half year:
Period Ending Sep 30, 2014 Jun 30, 2014
Net Income (1,308) (1,330)
Operating Activities, Cash Flows Provided By or Used In
Depreciation 1,244 1,149
Adjustments To Net Income 430 627
Changes In Accounts Receivables 4,490 5,150
Changes In Liabilities (1,966) (1,321)
Changes In Inventories - - - -
Changes In Other Operating Activities 122 134
Total Cash Flow From Operating Activities 3,012 4,409
Expect expanding EBITDA
• Expect $2.6M in annual cost savings
and improved Adjusted EBITDA
profitability
• Increasing revenue on more profitable
business lines
• Driving growth without significant
incremental cost
• Leveraging existing technology
platform, core development team and
corporate infrastructure
*Based on forecast from 2014 to 2017
• Reduced debt by $4.5M
million during Q3
• Took cost savings actions
during Q4 with expected
$2.6M in annual savings
• 7 consecutive quarters
of positive adjusted EBITDA
growth
Adjusted EBITDA positive during the last six years (Company Overview 3/2014)
FY-09
FY-10
FY-11
FY-12
FY-13
FY-14* (Estimate)
Adjusted EBITDA
$3,041
$13,775
$3,247
$777
$4,533
$2,500
Quellen; Company Overviews Q3/2014 und Q4/2014
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Trotzdem sollte man nur (obwohl ich das nicht beachtet habe) nur einen kleinen Teil des Depots hier investieren und zudem mit Geld, das man übrig hat. Denn das Gebilde Local Corp ist kleiner als Internet Capital und das Hauptrisiko sehe ich darin, dass das Mangement in die Versuchung gelangen könnte, das Know How für einen Butterbrot und ein Ei dorthin zu übertragen, wo man selbst beteiligt ist. Durch den Rauswurf des COO Sawtell, der darin eine gewisse Erfahrung hat, und den inzwischen erreichten Anteil der Instis von ca. 27% sehe ich diese Gefahr aber im wesentlichen gebannt. Jedenfalls habe ich erst nach dem Rauswurf von Sawtell noch einmal massiv erhöht.
"The fourth quarter 2014 revenue range of $20 million to $23 million, increasing over the third quarter primarily driven by Network revenue growth."
This message was part of the last guidance from November and was not corrected - and therefore you can ignore the panic-bashing of the ID's of the criminal crime behind The Street Sweeper.
If we take the middle of the rrange of 20 - 23 million = 21.5 million. That are on a yearly base 86 million and in realtion to the 24.16 million market-cap of yesterday idiotioc low 0.28-times-revenues.
Aber der Bericht zeigt auch, dass selbst in den USA die Apps noch nicht so durchmarschiert, wie es uns mancher Autor verkündet. Da verwechselt anscheinend doch der eine oder andere Mobile mit Apps.