| Business Summary | | HomeCom
Communications
Inc.
provides
complex
Web-based
software
applications
and
integration
services
to
businesses
seeking
to
take
advantage
of
the
Internet.
Over
time,
the
Company
evolved
into
a
Web
design,
financial
applications
and
solutions
provider
to
the
financial
services
market,
including
banking,
insurance,
securities
brokerage
firms
and
other
financially
oriented
Web
portals.
Prior
to
and
during
2000,
the
Company
derived
revenue
from
professional
Web
development
services,
software
licensing,
application
development,
insurance
and
securities
sales
commissions,
and
hosting
and
transactions
fees.
However,
following
various
divestitures,
including
the
sales
of
the
Company's
InsureRate
division
and
its
Internet
banking
operations
during
2001,
the
Company
now
derives
revenue
only
from
professional
Web
development
services
and
hosting
fees. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HomeCom
Communications,
Inc.
develops
secure
and
innovative
e-commerce
solutions
to
enable
banking,
insurance
and
brokerage
firms
to
establish
an
electronic
channel
to
their
customers
via
the
Internet.
For
the
six
months
ended
6/30/01,
revenues
fell
77%
to
$621
thousand.
Net
loss
from
continuing
operations
applicable
to
Common
fell
80%
to
$814
thousand.
Results
reflect
the
absence
of
any
web
development
works,
offset
by
lower
overhead
expenses
and
decreased
depreciation
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Timothy Robinson, 37 CFO,
Exec. VP, Director | -- | Gia Bokuchava, Ph.D., 37 CTO | $169K | Nino Doijashvili, Ph.D., 39 Director
of Technical Services | -- | Dollar amounts are as of 31-Dec-2000 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
|
|