LiveDeal's Margins Set to Outperform Amazon and Overstock
BALTIMORE, April 15, 2015 /PRNewswire/ -- Goldman Small Cap Research, a stock market research firm focused on the small cap and microcap sectors, announced today that it has released a new article on LiveDeal, Inc. (NASDAQ – LIVE). The article cites anecdotal data that indicates the Company's margins are set to outperform Amazon.com and Overstock.com. To view the sponsored research article, previous LIVE reports and updates, along with disclosures and disclaimers, or to download them in their entirety, please visit www.GoldmanResearch.com.
In the article, analyst Rob Goldman provides details on the Company's national footprint and expectation of significant future profit margins.
"Recent press releases and anecdotal data indicate that the LiveDeal e-commerce platform is gaining meaningful traction across the country, as it transitions from a purely local restaurant deal site to a national distribution center known for savings, like major online retailers such as Overstock.com and Amazon.com, with whom the Company has a relationship. The Company is engaged in a novel approach that may prove to generate greater sales growth than the highly successful models of these key online retailers, and with potentially greater operating performance metrics. For example, due to their business models, both companies, especially Overstock, generate low gross profit margins. For 2014, Amazon recorded a gross profit margin of roughly 30%, while Overstock's margin was just over 18%."
Goldman notes that: "In contrast, ModernEveryday Inc., a LiveDeal subsidiary, is on track to generating significant gross profit margins later this year as it begins to produce some of its most popular goods, thereby giving it substantial pricing power. This subsidiary's operating performance success in 2015 should prompt LiveDeal to outshine the valuation afforded companies like Overstock, whose fortunes are also tied to the household and housewares segments, and trades over 30x this year's EPS estimate."
"Even before the gross profit numbers are in, it is clear that LiveDeal is making meaningful progress in its bid to emerge as a national distribution player. According to Alexa, the ModernEveryday site enjoys a 2:1 advantage in page views and a nearly 3:1 advantage in consumer's time on site versus Overstock, and it is possible that the valuation of a similar magnitude will follow."
About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
This press release contains excerpts of our most recently published sponsored research article on LiveDeal, Inc. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from LiveDeal, Inc. ("the Company") authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
Separate from the factual content of our articles about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.
A Goldman Small Cap Research report, update, newsletter, or article is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit www.goldmanresearch.com. To date, Goldman Small Cap Research has been compensated by a third party in the amount of $18,200 for investment research services.
About LiveDeal, Inc.: LiveDeal Inc. (NASDAQ – LIVE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. LiveDeal operates a deal engine, which is a service that connects merchants and consumers via an innovative platform that uses geo-location, enabling businesses to communicate real-time and instant offers to nearby consumers. In November 2012, LiveDeal commenced the sale of marketing tools that help local businesses manage their online presence under the Company's Velocity Local™ brand. LiveDeal continues to actively develop, revise, and evaluate these products and services and its marketing strategies and procedures. More information on LIVE can be found at www.LiveDeal.com.
Goldman Small Cap Research
Rob Goldman, Analyst
+1-410-609-7100
[email protected]
SOURCE Goldman Small Cap Research
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article