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Profile - IMC Mortgage Company (OTC BB:IMCC.OB)
As of 31-Aug-2001
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More Info: News | Profile
Location
10014 North Dale Mabry Highway, Suite 101
Tampa, FL 33618
Phone: (813) 968-9851
Fax: (813) 984-2595
Employees (last reported count): 7
Financial Links
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Consumer Financial Services
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 12%
·Institutional: 0% (0% of float)
(6 institutions)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
IMC Mortgage Company was a consumer finance company engaged in purchasing, originating, servicing and selling home equity loans secured by first liens on one- to four-family properties. The Company focused on lending to individuals whose borrowing needs were not being served by traditional financial institutions due to such individuals' impaired credit profiles and other factors. Loan proceeds typically were used by such individuals to consolidate debt, to refinance debt, to finance home improvements, to pay educational expenses and for a variety of other uses. By focusing on individuals with impaired credit profiles and by providing prompt responses to their borrowing requests, the Company was able to charge higher interest rates for its loan products than typically were charged by conventional mortgage lenders. On November 15, 1999, the Company sold to CitiFinancial Mortgage (CFM) its mortgage loan servicing business and substantially all of its mortgage loan origination business.
More from Market Guide: Expanded Business Description

Financial Summary
IMCC was a specialized consumer finance company engaged in purchasing, originating, servicing and selling home equity loans. In November 1999, the Company sold its mortgage loan origination business. For the nine months ended 9/30/00, total revenues fell 94% to $6.4 million. Net loss applicable to Common decreased 58% to $111.7 million. Results reflect decreases in loans sold, offset by the absence of servicing fees and impairment charges.
More from Market Guide: Significant Developments

Officers
FY1999 Pay

Dennis Pitocco, 47
Pres, CEO, Chief Operating Officer, Chief Financial Officer, Director
$259K
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- OTC BB:IMCC.OBAs of 31-Aug-2001
Price and Volume
52-Week Low
on 11-Apr-2001
$0.00 
Recent Price$0.002
52-Week High
on 10-Oct-2000
$0.031
Beta-3.64 
Daily Volume (3-month avg)38.5K
Daily Volume (10-day avg)41.0K
Stock Performance
52-Week Change-93.5%
52-Week Change
relative to S&P500
-91.3%
Share-Related Items
Market Capitalization$68.0K
Shares Outstanding34.2M
Float30.1M
Dividends & Splits
Annual Dividendnone 
Last Split: 2 for 1 on 14-Feb-1997
Per-Share Data
Book Value (mrq)-$7.00 
Earnings (ttm)-$5.36 
Earnings (mrq)-$0.62 
Sales (ttm)$1.79 
Cash (mrq)$0.46 
Valuation Ratios
Price/BookN/A 
Price/EarningsN/A 
Price/Sales (ttm)0.00 
Income Statements
Sales (ttm)$61.1M
EBITDA (ttm)-$139.8M
Income available to common (ttm)-$183.0M
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-Sep-2000
Management Effectiveness
Return on Assets (ttm)-41.67%
Return on EquityN/A 
Financial Strength
Current RatioN/A 
Debt/EquityN/A 
Total Cash (mrq)$15.6M
Short Interest
As of 10-May-1999
Shares Short0 
Shares Short
(Prior Month)
672.0K
Daily Volume0 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-Sep-2000)

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