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Profile - A.B. Watley Group, Inc. (NasdaqNM:ABWG)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Financials
Recent Events
Aug 28Price hit new 52-week low ($2.80)
Aug 14Earnings Announcement
Location
40 Wall Street
New York, NY 10005
Phone: (212) 422-1100
Fax: (212) 634-9924
Email: info@abwatley.com
Employees (last reported count): 144
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Investment Services
Company Websites
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Ownership
·Insider and 5%+ Owners: 47%
·Over the last 6 months:
 · 5 insider buys; 342.0K shares (7.0% of insider shares)
 · one insider sell; 10.0K shares
  (0.2% of insider shares)
·Institutional: 1% (2% of float)
(14 institutions)
·Net Inst. Selling: 28.0K shares (+29.16%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
A.B. Watley Group Inc. provides direct-access trading capabilities and related software to retail and corporate customers. As of September 30, 2000, the Company had approximately 11,000 retail customers. The Company began marketing its proprietary technology, which it calls a Direct-Access Vertical Exchange (DAVE), to the brokerage and banking industries. These initiatives resulted in the Company's licensing agreement with E*TRADE Group, Inc. Historically, revenues have been generated primarily from retail customer transactional fees. In the future, the Company anticipates augmenting that revenue with licensing and related fees from its corporate clients.
More from Market Guide: Expanded Business Description

Financial Summary
A.B. Watley Group, Inc. is a financial services company which owns A.B. Watley, a registered securities broker-dealer that provides real-time online financial brokerage services and securities market information. For the nine months ended 6/30/01, revenues fell 37% to $20.9 million. Net loss totaled $13.5 million, up from $4.1 million. Revenues reflect lower commissions earned due to a decrease in overall trading activity by online traders and higher depreciation expense.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Steven Malin, 43
Chairman, CEO
$132K
Anthony Huston, 37
Pres, Director
132K
Robert Malin, 35
Vice Chairman of the Company and Pres of A.B. Watley, Inc.
--  
Joseph Ramos, Jr., 42
CFO, Exec. VP
180K
Eric Steinberg, 35
Exec. VP - Admin.
--  
Dollar amounts are as of 30-Sep-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
Statistics at a Glance -- NasdaqNM:ABWGAs of 31-Aug-2001
Price and Volume
52-Week Low
on 28-Aug-2001
$2.80 
Recent Price$3.62 
52-Week High
on 6-Sep-2000
$16.438
Beta3.44 
Daily Volume (3-month avg)25.5K
Daily Volume (10-day avg)56.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change-75.9%
52-Week Change
relative to S&P500
-67.6%
Share-Related Items
Market Capitalization$39.8M
Shares Outstanding11.0M
Float5.80M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$0.89 
Earnings (ttm)-$2.10 
Earnings (mrq)-$0.61 
Sales (ttm)$3.31 
Cash (mrq)$0.30 
Valuation Ratios
Price/Book (mrq)4.09 
Price/EarningsN/A 
Price/Sales (ttm)1.09 
Income Statements
Sales (ttm)$30.3M
EBITDA (ttm)-$12.4M
Income available to common (ttm)-$19.3M
Profitability
Profit Margin (ttm)-63.5%
Operating Margin (ttm)-60.1%
Fiscal Year
Fiscal Year EndsSep 30
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-71.89%
Return on Equity (ttm)-190.35%
Financial Strength
Current RatioN/A 
Debt/Equity (mrq)0.59 
Total Cash (mrq)$3.27M
Short Interest
As of 8-Aug-2001
Shares Short423.0K
Percent of Float7.3%
Shares Short
(Prior Month)
437.0K
Short Ratio23.50 
Daily Volume18.0K
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-June-2001)

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