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Last $0.13 USD
Change Today 0.00 / 0.00%
Volume 0.0
SLNM On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

salon media group inc (SLNM) Snapshot

Open
$0.13
Previous Close
$0.13
Day High
$0.13
Day Low
$0.13
52 Week High
09/29/14 - $0.39
52 Week Low
12/31/14 - $0.13
Market Cap
9.9M
Average Volume 10 Days
15.0
EPS TTM
$-0.05
Shares Outstanding
76.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SALON MEDIA GROUP INC (SLNM)

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salon media group inc (SLNM) Details

Salon Media Group, Inc., an Internet media company, operates an online news Website in the United States. It produces a content Website with various subject-specific sections. The company’s Salon.com Website features various voices and perspectives; and covers a range of topics, including news, politics, business, technology, life, entertainment, and sustainability and innovation. It also hosts dynamic content, such as video, slideshows, and images. Salon Media Group, Inc. was founded in 1995 and is headquartered in San Francisco, California.

47 Employees
Last Reported Date: 06/19/15
Founded in 1995

salon media group inc (SLNM) Top Compensated Officers

Chief Executive Officer, Chief Technology Off...
Total Annual Compensation: $225.0K
Editor-In-Chief
Total Annual Compensation: $150.1K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: $100.7K
Vice President of Sales
Total Annual Compensation: $272.0K
Compensation as of Fiscal Year 2015.

salon media group inc (SLNM) Key Developments

Salon Media Group Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2015

Salon Media Group Inc. reported unaudited consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net revenues of $1,694,000 compared to $1,243,000 a year ago. Loss from operations was $634,000 compared to $876,000 a year ago. Net loss was $644,000 or $0.01 per basic and diluted share compared to $886,000 or $0.01 per basic and diluted share a year ago.

Salon Media Group Inc. Announces Consolidated Earnings Results for the Year Ended March 31, 2015

Salon Media Group Inc. announced consolidated earnings results for the year ended March 31, 2015. For the year, the company reported net revenue from continuing operations was $4.9 million, a decrease of 18% from $6.0 million for the twelve months ended March 31, 2014. The decrease in revenues during fiscal year 2015 stemmed primarily from an industry shift in advertising dollars toward lower CPM mobile and programmatic advertising, which resulted in a 38% decline in direct ads and an 8% increase in programmatic advertising sales compared to fiscal year 2014. Loss from operations for the fiscal year was $3.9 million, compared to a loss of $2.2 million for fiscal year 2014. Loss from continuing operations was $3.9 million or $0.05 per basic and diluted share compared with $2.2 million or $0.03 per basic and diluted share a year ago. Net loss was $3.9 million or $0.05 per basic and diluted share compared with $2.2 million or $0.03 per basic and diluted share a year ago.

Salon Media Group Inc. Auditor Raises 'Going Concern' Doubt

Salon Media Group Inc. filed its 10-K on Jun 19, 2015 for the period ending Mar 31, 2015. In this report its auditor, Burr, Pilger & Mayer LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

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SLNM Competitors

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Industry Analysis

SLNM

Industry Average

Valuation SLNM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.8x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.3x
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