LOCAL CORP

LOCAL CORP

OOTC:LOCM
0.00
USD
0.00
(0.00%)
-0.34EPS
10.71MMarket Cap

Total Valuation

USD

As of March 31, 2015, LOCAL CORP carries a market capitalization of 10.71M, placing it among publicly traded companies globally. Its enterprise value stands at 18.79M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap10.71M
Enterprise Value18.79M

Share Statistics

As of March 31, 2015, LOCAL CORP has 23.31M shares outstanding.

Shares Outstanding23.31M

Valuation Ratios

These figures are as of March 31, 2015. The price-to-sales ratio is 0.15, and the price-to-book ratio stands at 0.96.

PS Ratio0.15
PB Ratio0.96
P/TBV Ratio-1.10
P/FCF Ratio2.93
P/OCF Ratio2.93

Enterprise Valuation

These figures are as of March 31, 2015. The EV/Sales ratio of 0.27 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 18.79M versus a market cap of 10.71M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.27

Financial Position

As of March 31, 2015, LOCAL CORP maintains a current ratio of 0.57, meaning it holds 0.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 93.00, indicating elevated leverage, while an interest coverage ratio of -0.46 demonstrates limited ability to service its debt obligations.

Current Ratio0.57
Quick Ratio0.52
Debt / Equity93.00
Debt / EBITDA-4.79
Interest Coverage-0.46

Financial Efficiency

USD

Over the twelve months ended March 31, 2015, LOCAL CORP posted a negative return on equity (ROE) of -50.33, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -16.57, reflecting losses generated across the asset base. The company generates approximately 886,417.72 in revenue per employee across its workforce of 79.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)-50.33
Return on Assets (ROA)-16.57
Revenue Per Employee886,417.72
Employee Count79.00

Taxes

USD

Over the twelve months ended March 31, 2015, LOCAL CORP recorded an income tax benefit of -145,000.00 rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -8.11M and -7.25M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-145,000.00

Income Statement

USD

Over the twelve months ended March 31, 2015, LOCAL CORP generated 70.03M in revenue and converted that into -7.25M in net income, yielding earnings per share of -0.34. EBITDA reached -2.16M, while operating income came in at -7.37M.

Revenue70.03M
Gross Profit15.29M
Operating Income-7.37M
Pretax Income-8.11M
Net Income-7.25M
EBITDA-2.16M
EBIT-6.67M
Earnings Per Share (EPS)-0.34

Balance Sheet

USD

As of March 31, 2015, LOCAL CORP holds 2.29M in cash and equivalents against 10.37M in total debt, resulting in a net debt position of 8.08M. Total book value stands at 11.15M, with working capital of -8.05M providing operational flexibility.

Cash & Cash Equivalents2.29M
Total Debt10.37M
Net Debt8.08M
Equity (Book Value)11.15M
Book Value Per Share0.48
Working Capital-8.05M

Cash Flow

USD

LOCAL CORP produced 3.64M in operating cash flow over the twelve months ended March 31, 2015.

Operating Cash Flow3.64M
Free Cash Flow3.64M
FCF Per Share0.16

Margins

Over the twelve months ended March 31, 2015, LOCAL CORP posted a gross margin of 21.83, reflecting its pricing power and cost economics. The operating margin of -10.53 and net profit margin of -10.36 provide insight into operational efficiency.

Gross Margin21.83
Operating Margin-10.53
Pretax Margin-11.58
Profit Margin-10.36
EBITDA Margin-3.09

Dividends & Yields

These figures cover the twelve months ended March 31, 2015. Free cash flow yield stands at 34.07, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 22.92, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to LOCAL CORP shareholders.

Shareholder Yield22.92
FCF Yield34.07

Scores

As of March 31, 2015, LOCAL CORP has an Altman Z-Score of -7.52, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-7.52