evermedia group inc/the (EVRM:OTC US)
evermedia group inc/the (EVRM) Snapshot
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Open
$0.0014
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Previous Close
$0.0014
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Day High
$0.0016
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Day Low
$0.0013
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52 Week High
05/23/12 - $0.0045
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52 Week Low
04/23/13 - $0.0008
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Market Cap
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Average Volume 10 Days
3.7M
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EPS TTM
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Shares Outstanding
0.0
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EX-Date
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P/E TM
--
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Dividend
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Dividend Yield
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Related News
evermedia group inc/the (EVRM) Related Businessweek News
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The Evermedia Group, Inc., through its subsidiary, Evermedia Biometrics Corporation, develops biometric-based identification management and authentication solutions using proprietary, patent-protected iris recognition technology. The company offers biometric-based authentication and verification systems to protect personal identity. It uses these processes to create physical and logical access control solutions to service the identification management and security concerns of commercial and government enterprises. The company, through its subsidiary, STS Evermedia Corporation, also provides engineering, logistics, information technology, and security services to government and large commercial enterprises, as well as offers technical design and program management. The Evermedia Group was formerly known as Dynamic Media Holdings, Inc. and changed its name to The Evermedia Group, Inc. in March 2009. The company was incorporated in 2007 and is based in Boston, Massachusetts.
evermedia group inc/the (EVRM) Key Developments
The Evermedia Group, Inc. announced revenue results for the second quarter of 2012. For the quarter, the company reported revenues of $703,620, an increase of more than 375% over the same period in 2011 and nearly 70% of all revenue generated in fiscal year 2011. This dramatic increase in revenue is largely attributable to revenue generated by an increase in site completions under the ATG contract, an award announced on May 22, 2012, and an increase in billable full time employees providing biometric and business analysis support under the PACTS contract vehicle. The company expects similar revenues well into the third quarter of 2012, putting the company on track for a record year.
The Evermedia Group, Inc. announced a teaming agreement to join a world class team assembled to develop and capture work contracted through General Service Agency (GSA) Alliant Contract. Alliant is a multiple award, indefinite delivery, indefinite quantity (ID/IQ) Government Wide Acquisition Contract (GWAC) with a $50 billion program ceiling and a five-year base period. Directed toward providing Government agencies with Information Technology (IT) solutions, Alliant is aligned with the Federal Enterprise Architecture (FEA) and Department of Defense Enterprise Architecture (DoDEA), ensuring emerging technologies and all enterprise activities contributing to an overall IT mission are within the intended scope of the contract.
The Evermedia Group, Inc. announced a teaming agreement with an international information technology (IT) business provider to service the Chief Information Officer-Solutions and Partners (CIO-SP2i) contract providing IT solutions to the National Institutes of Health (NIH) and other Government Agencies. Structured as an Indefinite Delivery/Indefinite Quantity (IDIQ) task order driven contract, CIO-SP2i carries a $20 Billion ceiling with a five year period of performance. The contract spans work across nine task areas including CIO support, outsourcing, IT Operations and Maintenance, Integration Services, Critical Infrastructure Protection and Information Assurance, Digital Government, Enterprise Resource Planning (ERP), Clinical Support and Software Development. Specifically, CIO-SP2i enables customers to purchase integrated hardware, software, and services solutions within the above mentioned nine separate task areas. Under CIO-SP2i, Evermedia joins a robust team of IT providers assembled to cover the entire spectrum of programs.
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| EVRM:US | $0.00 USD | 0.0001 | |
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Industry Analysis
EVRM
Industry Average
| Valuation | EVRM | Industry Range |
| Price/Earnings | -- | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | -- | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 1.8x |
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