National Holdings Corp (NHLD) |
|
Price: $0.0000
$0.00
%
|
Day's High:
| 0.00
| Week Perf:
|
|
Day's Low: |
$ 0.00 |
30 Day Perf: |
|
Volume (M): |
0 |
52 Wk High: |
$ 0.00 |
Volume (M$): |
$ 0 |
52 Wk Avg: |
$0.00 |
Open: |
$0.00 |
52 Wk Low: |
$0.00 |
|
|
Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
14 |
Employees |
1,152 |
Revenues (TTM) (Millions $) |
247 |
Net Income (TTM) (Millions $) |
-6 |
Cash Flow (TTM) (Millions $) |
6 |
Capital Exp. (TTM) (Millions $) |
0 |
National Holdings Corp
National Holdings Corporation, a Delaware corporation organized in 1996, operates
through its wholly-owned subsidiaries which principally provide financial services.
Through our broker-dealer and investment advisory subsidiaries, we (1) offer
full service retail brokerage to high net worth individual and institutional
clients, (2) provide investment banking, merger and acquisition and advisory
services to micro, small and mid-cap high growth companies, (3) engage in trading
securities, including making markets in micro and small-cap NASDAQ and other
exchange listed stocks and (4) provide liquidity in the United States Treasury
marketplace.
Our broker-dealer subsidiaries consist of National Securities Corporation,
a Washington corporation (“National Securities” or “NSC”),
and vFinance Investments, Inc., a Florida corporation (“vFinance Investments”)
(collectively, the “Broker-Dealer Subsidiaries”). As a result of
the merger with Gilman Ciocia, Inc, a Delaware corporation ("Gilman"),
in October 2013, the Company added Prime Capital Services, Inc., a New York
corporation (“Prime”), to its portfolio of Broker Dealer Subsidiaries,
however, in November 2013, National Securities and Prime received approval from
the Financial Industry Regulatory Authority (“FINRA”) allowing for
a mass transfer of Prime’s brokers and customer accounts to National Securities.
This transfer, completed on November 22, 2013, was done to reduce overhead and
consolidate the administrative and regulatory structures of the two entities.
Prime filed a broker-dealer withdrawal in January 2014. The Broker-Dealer Subsidiaries
conduct a national securities brokerage business through their main offices
in New York City, Boca Raton, Florida, and Seattle, Washington. Broker-Dealer
Subsidiaries are introducing brokers and clear all transactions through clearing
organizations, on a fully disclosed basis. The Broker-Dealer Subsidiaries are
registered with the Securities and Exchange Commission ("SEC") and
the Commodities and Futures Trading Commission, are members of FINRA, Securities
Investor Protection Corporation (the "SIPC") and the National Futures
Association ("NFA").
Our brokers operate either as independent contractors or employees. An independent
contractor registered representative who becomes an affiliate of a Broker-Dealer
Subsidiary typically establishes his or her own office and is responsible for
the payment of expenses associated with the operation of such office, including
rent, utilities, furniture, computer and other equipment, market data, software
and general office supplies. As a result, the independent contractor registered
representative is entitled to retain a higher percentage of the commissions
generated by his or her sales than a registered representative employee at a
traditional employee-based brokerage firm. This arrangement allows us to operate
with a reduced amount of fixed costs and lowers the risk of operational losses
for lower production registered representative. A registered representative
employee is provided with office space, technology, regulatory support and administrative
support in exchange for a lower retention percentage of his production.
The Company’s wholly-owned subsidiary, National Asset Management, Inc.,
a Washington corporation ("NAM"), is a federally-registered investment
advisors providing asset management advisory services to high net worth clients
for a fee based upon a percentage of assets managed. In connection with the
Gilman merger, we acquired Asset and Financial Planning LTD, a New York corporation
("AFP"). All registered investment advisors and customer accounts
of AFP were moved into NAM in May 2014 and AFP has ceased all operations.
Our wholly-owned subsidiaries, National Insurance Corporation, a Washington
corporation (“National Insurance”), and Prime Financial Services,
a Delaware corporation (“Prime Financial”), which was acquired in
the Gilman merger, provide fixed insurance products to their clients, including
life insurance, disability insurance, long-term care insurance and fixed annuities.
Our wholly-owned subsidiary, Gilman, provides tax preparation services to individuals,
predominantly in the middle and upper income tax brackets and accounting services
to small and midsize companies.
The Company’s wholly-owned subsidiary, GC Capital Corporation, a Washington
corporation ("GC"), was acquired in the Gilman merger and provides
licensed mortgage brokerage services in New York and Florida.
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Value Line Inc
Value Line Inc, a prominent financial research and investment management firm, faced mixed results in its fiscal third quarter of 2024. While the company managed to raise its earnings per share (EPS) by 12.73%, revenue experienced a decline of -0.686% compared to the previous year. This article will analyze the key financial metrics and factors contributing to the company's performance as well as provide insights into the company's future prospects. EPS Growth and Revenue Decline: In the fiscal third quarter of 2024, Value Line Inc's EPS grew by an impressive 12.73% to $0.62 per share. This growth is significant when compared to the previous reporting season, where EPS stood at $0.37 per share. The increase in earnings per share indicates improved profitability and efficiency in the company's operations.
|
Bridge Investment Group Holdings Inc
Salt Lake City-based company Bridge Investment Group Holdings Inc. recently announced the launch of BIG Insights, an educational platform aimed at simplifying alternative asset investments. The platform serves as a bridge between investors and complex investment opportunities, offering explanations and simplifications to aid informed decision-making. Bridge Investment Group Holdings Inc. recognizes the importance of equipping both institutional and retail investors with specialized knowledge to navigate the intricate world of alternative assets. By democratizing access to expertise that was previously limited to specialized vertical teams within the company, Bridge Investment Group aims to become a thought leader in the financial industry.
|
Cohen And Co Inc
Cohen And Co Inc is an Investment Services company that has recently experienced significant growth and profitability. In the October to December 31, 2023 period, the company reported a notable revenue increase of 176.819% year on year to $34.46 million. This growth in revenue has allowed Cohen And Co Inc to turn a profit, posting earnings per share (EPS) of $2.99. This is a substantial improvement compared to the previous financial reporting period, where the net profit per share was negative at $-0.28. The company has also seen a doubling of revenue, with a growth rate of 101.297% from $17.12 million in the same period last year. This growth in revenue has translated into net earnings of $26.881 million in the October to December 31, 2023 period. This represents a significant improvement compared to the net shortfall of $-11.611 million in the corresponding financial reporting period a year ago.
|
Gcm Grosvenor Inc
GCM Grosvenor Inc, a global alternative asset management solutions provider, has been making headlines recently with their partnership with Stablewood to support single tenant net lease retail developments across the U.S. This exciting joint venture aims to empower developers and bring shovel-ready, well-located retail projects to life nationwide. Despite a slight decrease in GCM Grosvenor Inc shares over the trailing 30 days, the overall trend is positive, with shares up by 5.51% in the past 90 days. The company is just 7.4% short of its 52-week high, indicating strong potential for continued growth. Additionally, the recent announcement of Pamela Bentley, Chief Financial Officer, presenting at the UBS Financial Services Conference in 2024 highlights the company's commitment to transparency and communication with investors.
|
Morningstar Inc
Morningstar Inc recently reported strong financial results for the fourth quarter and full year of 2023, showcasing impressive growth in both revenue and bottom line figures. Revenue for the quarter ending December 31, 2023, increased by 7.076% year-over-year to $538.70 million, while the company saw a significant improvement in net income, with earnings per share soaring by 17808.2% to $1.70 compared to $0.01 in the same period last year. In addition, income for the October to December quarter of 2023 reached $73.500 million, up 18275% from the previous year. Despite a decrease in operating margin to 34.6%, Morningstar Inc's net margin actually improved to 13.64%. This suggests that the company is effectively managing its costs while growing its top line.
|
Per Share |
Current |
Earnings (TTM) |
-0.38 $ |
Revenues (TTM) |
18.07 $
|
Cash Flow (TTM) |
0.45 $ |
Cash |
2.51 $
|
Book Value |
3.41 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-0.38 $
|
Revenues (TTM) |
18.07 $ |
Cash Flow (TTM) |
0.45 $ |
Cash |
2.51 $
|
Book Value |
3.41 $ |
Dividend (TTM) |
0 $ |
|
|
|
|