LOCAL Corp
Industrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | — | — | $25.0M | $16.8M | $84.1M |
| Operating income | −$4.8M | −$5.3M | −$11.1M | −$2.8M | $3.7M |
| Net income | −$5.5M | −$10.4M | −$24.2M | −$1.3M | $4.2M |
| Total assets | $38.1M | $51.6M | $49.9M | $75.8M | $60.9M |
| Total liabilities | $22.5M | $31.3M | $21.5M | $26.1M | $21.6M |
| Equity | $15.6M | $20.3M | $28.4M | $49.7M | $39.4M |
| EPS (diluted) | $-0.24 | $-0.45 | $-1.10 | $-0.07 | $0.25 |
| Shares out. | 23.2M | 22.8M | 22.1M | 22.1M | 16.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- —
- Net margin
- —
- Return on equity
- −35.2%
- Return on assets
- −14.5%
- Return on capital (ROCE)
- −23.2%
- Liabilities / assets
- 59.0%
- Debt / equity
- 1.44×
- Book value / share
- $0.67
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2014- Altman Z″ (distress)
- -10.53distress
- Accruals / assets
- −26.8%clean
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 17, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 19, 2013
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Regulation FD disclosureFeb 24, 2016
- Regulation FD disclosureJan 22, 2016
- Regulation FD disclosureDec 21, 2015
- Regulation FD disclosureDec 3, 2015
- Completed an acquisition or dispositionDec 3, 2015
- Regulation FD disclosureOct 28, 2015
- Regulation FD disclosureSep 23, 2015
- Director / officer changeSep 10, 2015
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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