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Local Corp.
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(NasdaqCM: LOCM)
Technology
Investor Kit

Latest RedChip Research Report - Quarterly Update - 8/17/2012

LOCM
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Income Statement
View: Annual - Quarterly
PERIOD ENDINGDec 30, 2012Dec 30, 2011Dec 30, 2010
Total Revenue 97,773   78,259   84,137  
Cost of Revenue71,657  49,258  46,517  
Gross Profit 26,116   29,001   37,620  
Operating Expenses
Research Development5,082  6,538  5,133  
Selling General and Administrative30,670  32,597  23,041  
Non Recurring10,551   -   -  
Others4,102  5,136  5,734  
Total Operating Expenses50,405   -   -  
Operating Income or Loss (24,289) (15,270) 3,712  
Income from Continuing Operations
Total Other Income/Expenses Net202  2,633  887  
Earnings Before Interest And Taxes(24,512)(13,050)4,324  
Interest Expense -   -   -  
Income Before Tax(24,512)(13,050)4,324  
Income Tax Expense111  178  102  
Minority Interest -   -   -  
Net Income From Continuing Ops(24,623)(13,228)4,222  
Non-recurring Events
Discontinued Operations381  (1,331) -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income (24,242) (14,559) 4,222  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares (24,242) (14,559) 4,222  
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