banks.com one of the companies in our Domain Parking Stock Index reported its earnings yesterday

For the year ended December 31, 2007, Banks.com reported revenue of $27.8 million, an increase of 8% increase over fiscal year 2006 revenue. GAAP net income was $1.7 million or $0.06 per diluted share versus $3.4 million or $0.12 per diluted share for the year ended 2006. Adjusted EBITDA² was $6.8 million, compared to Adjusted EBITDA of $7.7 million for the year ended 2006.

For the fourth quarter, Banks.com reported revenue of $4.7 million, a decline of 27% from fourth quarter 2006 revenue. GAAP net loss was $0.7 million or ($0.03) per diluted share versus GAAP net income of $0.3 million or $0.01 per diluted share for the fourth quarter 2006. Adjusted EBITDA was $33 thousand for the fourth quarter of 2007, compared to Adjusted EBITDA of $1.2 million for the fourth quarter of 2006.

Adjusted EBITDA is calculated by adding income taxes, interest expense, depreciation and amortization to net earnings, adjusted for certain items management believes should be excluded in order to reflect a more meaningful representation of our financial performance, including stock compensation expense

Other highlights for 2007 for the company were listed as:

• Announced agreement with Informa Research to provide financial rate data on Banks.com
• Generated 102.9 million paid clicks for the year-ended 2007
• Doubled organic traffic to Banks.com during the fourth quarter
• Completed acquisition of MyStockFund.com, a subscription based online broker / dealer shortly after year-end 2007

In its outlook for 2008 the company listed these:

• For the fiscal year 2008, the Company expects revenue to be approximately $20.4 million.
• For the fiscal year 2008, the Company expects Adjusted EBITDA to be approximately $2.1 million.