Print page
Email page
Download PDF
« Previous Release | Next Release »
BOCA RATON, Fla., Aug 15, 2008 (BUSINESS WIRE) -- Bonds.com Group, Inc. (the "Company") (OTCBB: BDCG) through its subsidiary Bonds.com, Inc., provider of an innovative comprehensive online trading platform providing execution, liquidity and competitive pricing to the fragmented fixed income marketplace, announced today July and year-to-date results across each of its key business metrics. The following data is unaudited and thus potentially subject to change.
----------------------------------------------------------------------
Jan Feb Mar Apr May Jun
----------------------------------------------------------------------
New Accounts 35 42 48 45 113 109
----------------------------------------------------------------------
Trade Volume 42 90 71 96 167 273
----------------------------------------------------------------------
Revenue $ 5,264 $ 14,702 $ 8,814 $ 8,141 $ 19,100 $ 61,963
----------------------------------------------------------------------
Average Revenue
per Trade $ 125.33 $ 163.36 $124.14 $ 84.80 $ 114.37 $ 226.97
----------------------------------------------------------------------
Average Trade Size $ 34,524 $ 44,200 $60,704 $51,260 $ 65,611 $ 77,648
----------------------------------------------------------------------
Number of Bonds
Traded $ 1.5 MM $ 4.0 MM $4.3 MM $4.9 MM $11.0 MM $21.2 MM
----------------------------------------------------------------------
------------------------------------
Jul YTD
------------------------------------
New Accounts 111 503
------------------------------------
Trade Volume 314 1,053
------------------------------------
Revenue $ 53,591 $171,600
------------------------------------
Average Revenue
per Trade $ 170.67 $ 162.96
------------------------------------
Average Trade Size $ 95,399 $ 72,891
------------------------------------
Number of Bonds
Traded $29.9 MM $76.8 MM
------------------------------------
"We spent much of the first six months of 2008 overcoming significant operational hurdles, many of which were outside of our control," stated CEO John J. Barry, IV. "We have now successfully done so and our results beginning in May reflect the initial traction we have worked so hard to achieve. We anticipated a slight seasonal slowdown in July but were pleased to see sequential increases in both new accounts and the number of trades executed. We believe that the pending launch of our third-party data feed will help us continue and likely accelerate this growth rate."
About Bonds.com Group, Inc.
Bonds.com Group, Inc. (OTCBB: BDCG), through its subsidiary Bonds.com, Inc., serves institutional and self-directed individual fixed income investors by providing a comprehensive zero subscription fee online trading platform. The company designed the BondStation platform to provide liquidity and competitive pricing to the fragmented Over-The-Counter (OTC) fixed income marketplace.
The company differentiates itself by offering through its broker dealer Bonds.com, Inc., an inventory of over 30,000 fixed income securities from more than 175 competing dealers, as well as market research, investor tools, bond education and an interactive website experience. Asset classes currently offered on the BondStation fixed income trading platform include municipal bonds, corporate bonds, agency bonds, certificates of deposit (CDs) and U.S. Treasuries. With unmatched marketability of the domain name www.bonds.com commitment to key advertising initiatives, experienced management team and seasoned account managers, Bonds.com, Inc. is poised to redefine the $29 trillion fixed income marketplace.
Bonds.com Investor Relations Website:
Bonds.com Investor Presentation
http://files.shareholder.com/downloads/BONDS/376157423x0x219376/ 140da371-f5d0-4851-85ea-6d2f7f467a4d/Presentation.pdf
(Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove extra spaces if they exist.)
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
SOURCE: Bonds.com Group, Inc.
Cirrus Financial Communications, LLC for Bonds.com Group, Inc. Justin K. Davis, 877-880-BDCG (2324) Justin.Davis@cirrusfc.com www.cirrusfc.com
Copyright Business Wire 2008
News Provided by COMTEX