FRNV Frontera Investment, Inc. featured news, full reports, and detailed charts
Frontera Investment, Inc. (FRNV/FRNV.PK) Wrap Up:
Bidnow.com Inc. offers a menu of financial services including check cashing wire transfer, pay day, pawn loans and other ancillary banking services to the unbanked Hispanic consumer. The company is based in San Diego, California.Frontera Investment, Inc. (FRNV:OTC)
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Market Cap
2.3M
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Total Revenue
8.3M
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EBITDA
318.6K
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DILUTED EPS TTM
-0.01
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P/E
--
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P/S
0.3x
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Return On Asset
--
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Return On Equity
--
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| K = Thousands M = Millions B = Billions | ||
FRNV Top Compensated Officers
Executives, Board Directors
Key developments for Frontera Investment, Inc. (FRNV)
Frontera Investment Inc. reported earnings results for the month of April 2009. For the month, the company's revenues increased 28.6% to $726,200 compared to $564,630 in April 2008. For April 2009, earnings before interest, taxes, depreciation and amortization ('EBITDA') for the eight stores increased 161% to $79,192, or $9,900 per store compared to $30,337, or $5,056 per store for the six stores in operation during April 2008. The performance of five mature stores (those acquired and or newly opened for more than one year) are ahead of plan with April average store EBITDA at $17,000, or just over $200,000 per store on an annualized run-rate.
Frontera Investment Inc. reported earnings results for the month and quarter ended March 31, 2009. The company announced that its March 2009 revenues increased 39.7% to $740,800 compared to $530,200 in March 2008. The company announced that first quarter 2009 revenues increased 39.4% to $2,137,000 compared to $1,534,000 for the first quarter 2008. For the first quarter 2009, EBITDA for the five full service comparable stores increased 340% to $232,700, or $46,500 per store compared to $52,900, or $17,600 per store for the three full service stores in operation during the first quarter 2008. Total store EBITDA for the first quarter 2009 increased 239% to $214,800 for all stores compared to $63,300 during the first quarter 2008.
Frontera Investment Inc. announced earnings results for the month February 2009. For the period, revenues increased 37% to $685,600 compared to $502,000 in February 2008. Earnings before interest, taxes, depreciation and amortization for the five full service stores increased 377% to $86,000, or $17,200 per store compared to $18,000, or $6,000 per store for the three full service stores in February 2008. Store Ebitda increased 252% to $79,800 for all stores compared to $22,700 in February 2008. On March 1, 2009, Frontera relocated its Lake Elsinore Kiosk to a full service branch in a nearby strip center. On April 1, 2009, Frontera will open a new full service branch in Encinitas, CA. Frontera has four additional stores in the pipeline which will be staged to open over the next six months as funding is obtained to finance the acquisition and working capital needs of each new store.
FRNV Competitors
| Company | Last | Change | |
| No competitor information is available for FRNV. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | FRNV | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.3x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.0x |
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FRNV transactions
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Target | |
| No transactions in the last 6 months. | ||
