Zillow extreme overvalued - Local Corp extreme undervalued - only stupid idiots don't change
Income Statement of Local Corp (Market Cap = 35.5 million):
• Sequential revenue growth up 6% to $22.7 million in Q2 from $21.5 million in Q1
• Adjusted EBITDA up 72% to $1.2M in Q2 from $685K in Q1
That are on a yearly base only 0.45-times-revenues of Local Corp.
Zillow has 19.7-times-revenues - that is the 50.5-fold valuation of the idiotic low 0.39-times-revenues of Local Corp.
Income Statement Get Income Statement for Zillow (Market-Cap = 3,080 million):
View: Quarterly Data All numbers in thousands
Period Ending Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012
Total Revenue 38,966 34,337 31,915 27,765
Operating Income or Loss (3,802) 511 2,295 1,298