Last $0.22 USD
Change Today +0.01 / 4.76%
Volume 5.0K
GAMR On Other Exchanges
Symbol
Exchange
OTC BB
As of 8:10 PM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

great american group inc (GAMR) Snapshot

Open
$0.22
Previous Close
$0.21
Day High
$0.22
Day Low
$0.22
52 Week High
04/30/13 - $0.44
52 Week Low
11/18/13 - $0.15
Market Cap
6.6M
Average Volume 10 Days
595.2
EPS TTM
$0.03
Shares Outstanding
30.0M
EX-Date
--
P/E TM
7.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for GREAT AMERICAN GROUP INC (GAMR)

great american group inc (GAMR) Related Bloomberg News

View More Bloomberg News

great american group inc (GAMR) Related Businessweek News

No Related Businessweek News Found

great american group inc (GAMR) Details

Great American Group, Inc. provides asset disposition, valuation and appraisal, and real estate consulting services in the United States, Canada, and Europe. The company’s Auction and Liquidation Solutions segment is involved in the disposition of assets, such as multi-location retail inventory, wholesale inventory, trade fixtures, machinery and equipment, intellectual property, and real property. This segment offers retail auction and liquidation services by conducting or assisting in store closings, going out of business sales, bankruptcy sales, and fixture sales, as well as provides merger and acquisition due diligence services. It also provides its clients with various wholesale and industrial disposition strategies, including orderly liquidations, live auctions, Webcast and online auctions, wind down services, reverse logistics, private sales, and sealed bid sales. In addition, this segment offers clients with capital advisory and financing services comprising secured loans for growth capital, working capital, and turnaround financing. Further, it offers real estate services, including real estate analysis, valuation and strategic planning services, brokerage, mergers and acquisition, auction services, lease restructuring services, and real estate capital market services. The company’s Valuation and Appraisal Services segment provides independent appraisals for estimated liquidation values of assets to financial institutions, lenders and other providers of capital, and other professional service firms. This segment provides its services in various categories, including consumer and retail inventory, wholesale and industrial inventory, machinery and equipment, intangible assets, and real estate. The company serves various retail, wholesale, and industrial clients, as well as lenders, capital providers, private equity investors, and professional service firms. Great American Group, Inc. was founded in 1973 and is headquartered in Woodland Hills, California.

171 Employees
Last Reported Date: 03/31/14
Founded in 1973

great american group inc (GAMR) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $500.0K
Vice Chairman and President
Total Annual Compensation: $500.0K
Executive Vice President of Retail Services
Total Annual Compensation: $253.0K
Compensation as of Fiscal Year 2012.

great american group inc (GAMR) Key Developments

Great American Group, Inc. Announces Consolidated Financial Results for the Fourth Quarter and Year Ended December 31, 2013

Great American Group, Inc. announced consolidated financial results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported total revenue of $18.188 million against $30.730 million a year ago. Operating income was $2.906 million against $4.936 million a year ago. Income before provision for income taxes was $2.046 million against $4.125 million a year ago. Net income attributable to the company was $0.934 million or $0.03 per diluted share against $2.382 million or $0.08 per diluted share a year ago. Adjusted EBITDA was $2.967 million against $4.801 million a year ago. The decrease in total revenues during the quarter was primarily due to a decrease in revenues from the UK Retail Stores segment and a decrease in revenues in the Auction and Liquidation segment from our operations in Europe. For the year, the company reported total revenue of $76.132 million against $83.936 million a year ago. Operating income was $4.098 million against $7.441 million a year ago. Income before provision for income taxes was $1.280 million against $6.276 million a year ago. Net income attributable to the company was $1.058 million or $0.04 per diluted share against $3.521 million or $0.12 per diluted share a year ago. Net cash used in operating activities was $2.492 million against Net cash from operating activities of $16.210 million a year ago. Purchases of property and equipment were $1.142 million against $0.634 million a year ago. Adjusted EBITDA was $6.266 million against $8.703 million a year ago.

Great American Group, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

Great American Group, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported total revenues of $21,751,000 compared with $14,235,000 for the same period a year ago. Operating income was $782,000 compared with operating loss of $659,000 for the same period a year ago. Income before income taxes was $103,000 compared with loss before income taxes of $1,142,000 for the same period a year ago. Net income attributable to Great American Group, Inc. was $366,000 or $0.01 per diluted share compared with net loss attributable to Great American Group, Inc. of $547,000 or $0.02 per diluted share for the same period a year ago. Adjusted LBITDA was $82,000 compared with adjusted EBITDA of $1,089,000 for the same period a year ago. The increase in revenues during the quarter was primarily due to an increase in revenues from the sale of goods in the auction and liquidation segment which increased by $7.1 million, to $10.4 million, from $3.3 million in the prior year quarter. The increase in revenues from the sales of goods primarily related to the sale of four oil rigs under a sales type lease in the amount of $9.3 million during the third quarter of 2013. For the nine months, the company reported total revenues of $57,944,000 compared with $53,206,000 for the same period a year ago. Operating income was $1,192,000 compared with $2,505,000 for the same period a year ago. Loss before income taxes was $766,000 compared with income before income taxes of $2,151,000 for the same period a year ago. Net income attributable to Great American Group, Inc. was $124,000 or $0.00 per diluted share compared with $1,139,000 or $0.04 per diluted share for the same period a year ago. Net cash used in operating activities was $2,038,000 compared with net cash provided by operating activities of $15,577,000 for the same period a year ago. Purchases of property and equipment was $972,000 compared with $403,000 for the same period a year ago. Adjusted EBITDA was $210,000 compared with $3,299,000 for the same period a year ago.

Great American Group, Inc., Q3 2013 Earnings Call, Nov 14, 2013

Great American Group, Inc., Q3 2013 Earnings Call, Nov 14, 2013

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GAMR:US $0.22 USD +0.01

GAMR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
eBay Inc $54.94 USD -0.53
Overstock.com Inc $18.59 USD -0.26
View Industry Companies
 

Industry Analysis

GAMR

Industry Average

Valuation GAMR Industry Range
Price/Earnings 5.9x
Price/Sales 0.1x
Price/Book NM Not Meaningful
Price/Cash Flow 6.0x
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GREAT AMERICAN GROUP INC, please visit www.greatamerican.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.