In light of the strong housing market, this company looks like a bargain at 16 cents. Here are some vital stats and descriptions:
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For the six months ended 6/30/03, revenues rose 16% to $3.6 million. Net income totaled $286 thousand vs. a loss of $366 thousand. Results reflect growth in membership fees and lower bad debt and legal expenses.
LION, Inc., doing business as LionInc.com, provides its subscribers, principally mortgage brokers and agents, electronic access to a database of mortgage offerings by a multitude of lenders throughout the United States. The Company's consumer-to-business and business-to-business portals connect the originator to a large marketplace of customers seeking home mortgages and to a network of lenders and vendors in the mortgage industry. Accessible through a variety of search engines, its LION Pro, Mortgage 101 and Free Mortgage Dot Com Websites attract over 1,000,000 visitors each month. Its content is co-branded to approximately 18,500 realtor sites, nearly 2,200 originator Websites and a variety of developer direct and association Websites. In its core business model, there are three distinct revenue categories from its mortgage broker/originator and lender customers. The categories are membership, marketing and technology fees.
Share Statistics
Average Volume (3 month): 62,538
Average Volume (10 day): 46,000
Shares Outstanding: 31.72M
Float: 27.90M
% Held by Insiders: 12.04%
% Held by Institutions: 5.96%
Income Statement
Revenue (ttm): 6.41M
Revenue Per Share (ttm): 0.216
Revenue Growth (lfy)³: 6.60%
Gross Profit (ttm)²: 5.33M
EBITDA (ttm): 1.04M
Net Income Avl to Common (ttm): 544.00K
Diluted EPS (ttm): -0.01
Diluted EPS (mrq): N/A
Earnings Growth (lfy)³: -362.40%
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