ET The statements contained in this website that are not historical facts are forward-looking Autobytel com under the federal securities laws. A year ago Lorimer said Autobytel would be profitable by the third quarter of These NOLs are valuable, as they greatly improve cash flow if Autobytel generates the operating profits to utilize them.
I wrote this article myself, and it expresses my own opinions. I am long ABTL. Enclosed below, please find the graph of this information.
From my perspective, as a consumer, the enhancements to its mobile applications are much improved, as I have accessed its website on my smartphone and give the site reasonably favorable marks.
He joined Autobytel, of Irvine, Calif. Actual outcomes and results may differ materially from what is expressed in, or implied by, these forward-looking statements. Autobytel has not been profitable - either on a Autobytel com or an operating basis - since its founding.
But Autobytel revised its outlook in July, saying dealers Autobytel com spending less on online marketing and the advertising market was soft.
Also, as discussed on the Q4 earnings call, Autobytel said, out of the 18, dealers, it would only make sense to have relationships with 9, dealers. A What they do B How they make money C Opportunities and risks At the outset, let me be clear, Autobytel is a relatively thinly-traded small capitalization stock that is very volatile and only suitable for the "risk" portion of your portfolio.
Not counting 2, Autoweb dealers who came with the acquisition of Autoweb, Autobytel said its dealer count in the third quarter was off 20 percent from the year-ago quarter, to about 4, Other cost of revenues consist of search engine marketing "SEM"search engine optimization "SEO"fees for third-parties for data and content, and other website maintenance and associated costs with hosting Autobytel.
It is standing its ground despite troubles that include the departure of its CEO, low stock prices, failure to meet promises of a third-quarter profit, the end of a pilot project with General Motors, and increased competition from Web sites run by automakers and dealers.
But it has narrowed its losses this year. The company lost potential fee income in November when GM ended a "locate-to-order" pilot program in the Washington area.
Autobytel stock closed Thursday, Dec. Overall, I was impressed with the quick response rates and amount of time it saves from actually physically having to visit each store to get pricing and availability.
I have no business relationship with any company whose stock is mentioned in this article. Also, I have requested a quote over the past month using Autobytel. Net Operating Losses NOLs With the benefit of survivorship and longevity, it certainly appears at least at face value Autobytel is starting to scale this business through organic growth and smart acquisitions at reasonable prices.
Serious problems Mark Buenger, an analyst with Forrester Research in San Francisco, said Autobytel has serious problems, including a declining dealer count and increasing competition from Web sites operated by dealers and automakers.
More specifically, lead and traffic acquisition costs consist of payments to lead providers, including internet portals like major website portals that display advertising highlighting Autobytel and online automotive information like Kelly Blue Book for its content. Disagree with this article?
Conclusion If you want exposure to online car lead generation at a reasonable price, Autobytel is definitely worth considering.
In terms of its participation within the retail and wholesale channels, Autobytel essentially has relationships with all of the OEMs original equipment manufacturersessentially the different car brands in the marketplace today.
Online auto marketer Autobytel Inc. Click here to submit a Letter to the Autobytel com we may publish it in print. C Opportunities and Risk Opportunities: Also, Classified Ventures, the owner of Cars. Starting inrespected third-party data provider, R.
The reason they would stop at 9, is that they are trying to optimize their relationships with existing dealers and there are geographic or territorial constraints to having too many relationships with too many dealers within a given zip code.
This is a highly competitive business, and for continued share price appreciation, management must demonstrate it can grow earnings and take advantage of its NOLs for cash flow generation. A What Autobytel Does Autobytel generates both internally and non-internally generated leads in the direct retail channel, which is direct to Dealers and through its website, Autobytel.
How much optionality, it is hard to determine. Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements are changes in general economic conditions; the financial condition of automobile manufacturers and dealers; changes in fuel prices; the economic impact of terrorist attacks, political revolutions or military actions; dealer attrition; pressure on dealer fees; increased or unexpected competition; the failure of new products and services to meet expectations; failure to retain key employees or attract and integrate new employees; actual costs and expenses exceeding charges taken by AutoWeb, Inc.killarney10mile.com is tracked by us since April, Over the time it has been ranked as high as 15 in the world, while most of its traffic comes from USA, where it reached as high as 4 position.
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Aug 08, · "Autobytel was selected for the test not because of any long-term potential between them and GM," says GM's chief Web officer, Jerry Weiland Jerry Weiland. "This is a learning exercise.
In lateAutobytel purchased a portion of AutoWeb, a pay-per-click advertising network for automotive manufacturers and dealers.   AutoWeb was a startup founded in in Miami, Florida by Jose Vargas, Matias de Tezanos, and Julio Gonzalez-Arrivillaga.