reis inc (WFP:German Stock Exchange)
reis inc (WFP) Snapshot
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Reis, Inc., through its subsidiary, Reis Services, provides commercial real estate market information and analytical tools in the United States. The company maintains a proprietary database containing information on commercial properties, including apartment, office, retail, warehouse/distribution, and flex/research and development properties in the metropolitan markets and neighborhoods. Its data is used by real estate investors, lenders, and other professionals to make informed buying, selling, and financing decisions; and debt and equity investors to assess, quantify, and manage the risks of default and loss associated with individual mortgages, properties, portfolios, and real estate backed securities. The company’s products include Reis SE and ReisReports that provide online access to a proprietary database of commercial real estate information and analytical tools designed to facilitate debt and equity transactions, and ongoing asset and portfolio evaluations; and offer trend and forecast analysis at metropolitan and neighborhood levels, as well as building-specific information, such as rents, vacancy rates, lease terms, property sales, new construction listings, and property valuation estimates. Its customers primarily include banks, other financial institutions, investment funds, equity owners, brokers, appraisers, consultants, and regulators. The company was founded in 1980 and is based in New York, New York.
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Reis, Inc. Presents at 8th Annual Needham & Co. Internet & Digital Media Conference, Jun-04-2013 04:00 PM. Venue: The Westin Grand Central Hotel, 212 E. 42nd Street, New York, New York, United States. Speakers: Lloyd Lynford, Chief Executive Officer, President and Director.
Reis, Inc. reported consolidated unaudited earnings results for the first quarter ended March 31, 2013. For the period, the company reported subscription revenue was $8,234,328 against $7,298,372 a year ago. Income before income taxes and discontinued operations was $667,066 against 220,379 a year ago. Income from continuing operations was $402,066 against 136,379 a year ago. Net income was $250,434 against loss of $14,208,876 a year ago. Income from continuing operations diluted was $0.04 against $0.01 a year ago. Net income per share diluted was $0.02 against loss of $1.29 per share a year ago. EBITDA was $1,906,000 against $1,613,000 a year ago. Adjusted EBITDA was $2,487,000 against $2,159,000 a year ago. Revenue for the three months ended March 31, 2013 increase reflects: additional new Reis SE business; revenue growth from ReisReports; and revenue growth from our data redistribution initiatives.
Reis, Inc. announced that they will report Q1, 2013 results on May 02, 2013

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Industry Analysis
WFP
Industry Average
| Valuation | WFP | Industry Range |
| Price/Earnings | 25.3x |
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| Price/Sales | 6.3x |
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| Price/Book | 2.8x |
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| Price/Cash Flow | 20.1x |
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| TEV/Sales | 6.2x |
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