Compare past 2 q's to ELNK and GEEK
Earthlink and Internet America are the closest companies to compare to Sitestar. All have mostly Dialup with some BB. All basically provide the same exact service with some slight differences.
Item..........................SYTE.OB (2Q's........ELNK (2Q's).........GEEK.OB (2Q's)
Revenue.............................$1,581,007....$660,428,000........$5,557,625
Cost of good sold..................$414,442 ....$193,383,000....... $3,519,908
Operating Income..................$312,394 ....$84,653,000.......($167,992)
Net income before tax...........$227,810 ...... $77,195,000...... ($173,645)
Current Assets......................$302,930 ..... $448,946,000 ........$1,528,401
Curren Liabilities..................$929,362..... $209,279,000 ........ $2,896,078
Total Liabilities....................$1,876,519 .... $225,474,000 .........$3,215,201
Net worth/Shareholder Equity. $337,628.. $496,880,000... $4,035,307
Gross profit margin.................. 74%...................71%...................37%
Operating profit margin............. 19.8%..................12.8%...............-3.0%
Net profit margin...................... 14.41%...........11.7%...............-3.12%
Cash & equivalents..................$30,775 .........$243,022,000 .........$1,139,414
Current ratio.............................. 0.33............ 2.15 ................. 0.53
Return on assets ....................14.409%............11.689%..........-3.124%
Debt to worth ratio ...............556%................45%................. 80%
Working capital................. ($626,432).....$239,667,000...($1,367,677)
EPS.....................................$0.003......... $0.54000..........($0.01387)
P/E ratio Yahoo (12 mths)...... 4.86 ............ 9.06 ............. 13.12
OS reported ................ 82,013,305............ 142,423,000 ........12,523,010
MKT CAP.....................$2,870,466..... $1,293,200,840 .... $7,889,496
Trailing 12 EPS............. $0.007 ............. $1.002 ................. $0.048
PPS 8/24/05.................... $0.035 ......... $9.080........... $0.630
IMO....Notice the EPS and PE differences. SYTE is trading at a lower PE due to debt. If the company can somehow get that working capitol flipped...Then maybe they would be trading in the 10 PE range everyday... Will this buy do it?.. You would also think it would test a 10 PE after the buy... and that would put the PPS at .07
Note: GEEK took a one-time charge for layoff... Should be back in the black this q.
