Sunday, March 01, 2009

iLinc Deregisters from Stock Exchange

Ilinc

On February 13, iLinc, a provider of web conferencing services, filed paperwork with the SEC to end the company's registration under the SEC and will no longer be listed on the American Stock Exchange.

The iLinc Board of Directors concluded that the benefits of being a publically-traded company and having to report financial numbers no longer made sense and that de-registering was in the best interest of the shareholders. (Return on Equity or Shareholder Value was -89.26%!)

iLinc last traded at $0.08 per share.

Ilin stock

Recent financial data provided by Yahoo Finance:(See below)


VALUATION MEASURES
Market Cap (intraday)5:2.78M
Enterprise Value (16-Feb-09)3:7.47M
Trailing P/E (ttm, intraday):N/A
Forward P/E (fye 31-Mar-10) 1:N/A
PEG Ratio (5 yr expected):N/A
Price/Sales (ttm):0.39
Price/Book (mrq):0.71
Enterprise Value/Revenue (ttm)3:1.04
Enterprise Value/EBITDA (ttm)3:-2.909
FINANCIAL HIGHLIGHTS
Fiscal Year
Fiscal Year Ends:31-Mar
Most Recent Quarter (mrq):30-Sep-08
Profitability
Profit Margin (ttm):-29.70%
Operating Margin (ttm):-43.39%
Management Effectiveness
Return on Assets (ttm):-11.62%
Return on Equity (ttm):-89.26%
Income Statement
Revenue (ttm):7.20M
Revenue Per Share (ttm):0.21
Qtrly Revenue Growth (yoy):-39.00%
Gross Profit (ttm):7.29M
EBITDA (ttm):-2.57M
Net Income Avl to Common (ttm):-4.69M
Diluted EPS (ttm):-0.07
Qtrly Earnings Growth (yoy): N/A
Balance Sheet
Total Cash (mrq):3.32M
Total Cash Per Share (mrq):0.096
Total Debt (mrq):8.01M
Total Debt/Equity (mrq):N/A
Current Ratio (mrq):1.534
Book Value Per Share (mrq):0.112
Cash Flow Statement
Operating Cash Flow (ttm):-2.88M
Levered Free Cash Flow (ttm):-1.36M


Thanks,
David Chao
The Web Conferencing Expert