Local Corp. technology and advertising company, which engages in the provision of search results to consumers who are exploring online for local businesses, products, and services. The company is headquartered in Irvine, California and currently employs 70 full-time employees. The company went IPO on 2004-10-19. The firm's search results consist primarily of local business listings that the Company aggregates, indexes, normalizes and syndicates using its technology platforms. The firm operates in two segments: Paid Search and Daily Deals. The Paid Search segment consists of its online businesses that collectively reach customers with a range of local online advertising products and Web hosting. The Daily Deals segment consists of its business that reaches its customers with discounted offers for goods and services provided by merchants. Its principal products include its Local.com Website and its search syndication services, which provide either hosted business or product directories, as well as display and ad fee solutions to a network of partner Websites.
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Financial Metrics & Statements of Local Corp (LOCM)
FAQ's for Local Corp (LOCM)
As of August 2026, Local Corp LOCM is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Local Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Local Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Local Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Local Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Local Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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