Last C$0.32 CAD
Change Today 0.00 / 0.00%
Volume 9.0K
ILA On Other Exchanges
As of 10:22 AM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

ilookabout corp (ILA) Snapshot

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07/18/14 - C$0.36
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11/15/13 - C$0.11
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ilookabout corp (ILA) Details

iLOOKABOUT Corp. operates in the visual and data intelligence business in Canada, the United States, and the United Kingdom. The company is involved in collecting, processing, and geo-coding street-level image data, as well as providing image and related data management software, aggregation of additional value-added property based data, custom application programming, and professional services. It offers AVM Reports, a geo-coded imagery application for real-time estimate of market value for residential properties; and Property Reports that contain structural details and historic sales information for appraisers, lawyers, and other property professionals. The company also provides StreetScape, a proprietary geo-coded image product; Virtual Tours, which allow clients to upload images to assemble and preview, as well as to create their virtual tours; and DropZone that allows clients to upload database of images. In addition, it offers ImageStore, a software tool that customizes and standardizes StreetScape images; GeoViewPort, a Web based geographic information system application; and image management services. The company serves commercial and government enterprises in the property assessment, insurance, real estate, municipal, utility, and appraisal sectors. iLOOKABOUT Corp. was founded in 2000 and is headquartered in London, Canada.

Founded in 2000

ilookabout corp (ILA) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: C$135.0K
Co-Founder, Chief Technology Officer and Dire...
Total Annual Compensation: C$135.0K
Chief Financial Officer and Secretary
Total Annual Compensation: C$110.0K
Vice President of Business Development
Total Annual Compensation: C$142.7K
Compensation as of Fiscal Year 2013.

ilookabout corp (ILA) Key Developments

iLOOKABOUT Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

iLOOKABOUT announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. The company reported that revenue increased 38% to approximately $1,122,000 for the three months ended March 31, 2014, compared to the same period in the prior year. This increase is primarily attributable to the commencement of a multi-year services contract with MPAC with respect to the provision of hosted application services to enable the delivery of geo-spatial and real property related data to MPAC's end customers within the real estate vertical. While the company's revenue increased significantly for the first quarter of 2014 compared to the same period for the prior year, comprehensive loss increased from approximately $117,000 to approximately $272,000 for the three months ended March 31, 2013 and 2014, respectively. This increase in comprehensive loss in spite of the significant increase in revenue is attributable to: increased royalties related to new business for which royalties are expensed immediately but the related revenue in some cases is recognized over a period of several years; increased sales and business development related expenses incurred to support new product and service offerings being launched by the company; and increased regulatory, professional and insurance fees primarily attributable to the proposed business combination which was terminated in May 2014.

iLOOKABOUT Corp., Annual General Meeting, Jun 26, 2014

iLOOKABOUT Corp., Annual General Meeting, Jun 26, 2014., at 10:00 US Eastern Standard Time. Location: London Club, 177 Queens Ave. Agenda: To receive and consider the audited consolidated financial statements of iLOOKABOUT for the fiscal year ended December 31, 2013, together with the auditor's report thereon; to elect seven directors of the Company for the ensuing year; to appoint the auditors of the Company for the ensuing year, and to authorize the directors to fix the auditors' remuneration; to approve certain amendments to the Company's existing Stock Option Plan as set out in Exhibit A to the Circular; to consider the event that the amendments to the Company's existing Stock Option Plan that are set out in Exhibit A are not approved, to reapprove the Company's 2013 Amended and Restated Stock Option Plan, a copy of which is attached as Exhibit B to the Circular; to approve the adoption of the Directors Deferred Share Unit Plan, a copy of which is attached as Exhibit C to the Circular; and to transact such other business as may properly come before the Meeting, including any adjournment or adjournments thereof.

iLOOKABOUT Corp. Executes Multi-Year Hosted Application Services Agreement with Municipal Property Assessment Corporation

iLOOKABOUT Corp. announced that it has successfully negotiated and executed a multi-year service delivery contract with the Municipal Property Assessment Corporation. iLOOKABOUT will extend the services currently provided to MPAC to now include the provision of hosted application services, enabling MPAC's delivery of real property related data to its clients within the real estate vertical. The services provided by iLOOKABOUT will include street level imagery, aerial imagery and other data elements. Financial terms of the agreement were not disclosed.


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