Adjusted EBITDA positive during seven years
FY-10 FY-11 FY-12 FY-13 FY-14 FY-15* (Estimate)
Adjusted EBITDA (in 1,000) $3,041 $13,775 $3,247 $777 $4,533 $2,300 $3,500
Fiscal Year 2014 of Local Corp
Full year 2014 revenue is expected to be between $82.8 million and $83.3 million, compared with prior guidance of $87 million to $90 million. Adjusted EBITDA is expected to be in the range of $2.2 million to $2.4 million, in line with previous guidance of $2.0 million to $2.4 million.
If you buy potatoes for $10 and sell it for $15, you win $5. And if you buy potatoes for $7 and sell it for $ 12.10, you win $5,10. Same happened by Local Corp: Local Corp had lower revenues from bought traffic and must pay less for this traffic.
Because a lot of idiots don't understand this simple interdependence, the situation of today is a reason for a strong buy.
Now we have an Ebitda-range of $2.2 million to $2.4 million against $2.0 million to $2.4 Million in the previous guidance.
Total Cash Flow From Operating Activities was with 7.4 million positive in the last half reported year (Q2/2014 and Q3/2014).
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 Less
Cash Flow Rom operations in Q4 will be flat or a little bit positive on the base of this numbers. But Local Corp has al lot of options to finance the only 5 million convertible debt in April.
The best solution to finance the only 5 million convertible debt is the monetization of the pay-per-call-patents
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
Enhanced directory assistance services in a telecommunications network Patent number: 8306208 Type: Grant Filed: August 7, 2009 Issued: November 6, 2012 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
Enhanced directory assistance services in a telecommunications network Patent number: 7596218 Type: Grant Filed: May 30, 2003 Issued: September 29, 2009 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 Less
Local Corp has pay-per-call-offers, but bigger companies, who will buy this patents can use it a lot more effective than Local Corp.
I believe, there is no probleme by a sale to make an agreement, that Local Corp can use this patents in the future.
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