Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
Integrated Asset Management Corp. Announces Results for the First Quarter of Fiscal 2013

TORONTO, ONTARIO -- (Marketwire) -- 02/08/13 -- Integrated Asset Management Corp. ("IAM") (TSX:IAM) today announced unaudited financial results for the quarter ended December 31, 2012.


                                                                            
                     Review of the 3 month Period Ended                     
                                                                            
----------------------------------------------------------------------------
                                   December 31, 2012      December 31, 2011 
                               (thousands except per  (thousands except per 
 HIGHLIGHTS                           share amounts)         share amounts) 
----------------------------------------------------------------------------
 Assets and Committed Capital                                               
  Under Management ("AUM")           $     1,886,000        $     2,252,000 
----------------------------------------------------------------------------
 Revenues before the                                                        
  undernoted                         $         3,324        $         3,900 
----------------------------------------------------------------------------
 Performance fees                    $           218        $            20 
----------------------------------------------------------------------------
 Investment gain                     $           154        $           282 
----------------------------------------------------------------------------
 Total revenues                      $         3,696        $         4,202 
----------------------------------------------------------------------------
 Net performance fees(1)             $           145        $            19 
----------------------------------------------------------------------------
 EBITDA(1)                           $             1        $           (92)
----------------------------------------------------------------------------
 Loss before income taxes            $          (206)       $          (318)
----------------------------------------------------------------------------
 Net income (loss)                                                          
  attributable to common                                                    
  shareholders of the                                                       
  Corporation                        $           140        $          (391)
----------------------------------------------------------------------------
 Earnings (loss) per share           $          0.00        $         (0.01)
----------------------------------------------------------------------------
                                                                            
(1) Net performance fees and EBITDA are non-GAAP earnings measures used by  
the Corporation. EBITDA is calculated as earnings before the deduction of   
non-controlling interest, interest expense, income taxes, depreciation and  
amortization, stock-based compensation and investment income (loss).        

AUM declined by approximately $56 million during the quarter ended December 31, 2012 to $1.9 billion. The principal reason for the decrease of approximately $370 million from December 31, 2011 to December 31, 2012 was the end of a segregated fund, effective February 2012, which was managed by Real Estate Asset Management.

Management fees, administration and redemption fees decreased from $3.8 million in the first quarter of fiscal 2012 to $3.3 million in fiscal 2013. About $0.4 million of this decline in management fees in the quarter is due to lower AUM in the Corporation's Real Estate Asset Management and Retail Alternative Investments divisions.

Victor Koloshuk, Chairman and Chief Executive Officer of IAM said "We are actively marketing new funds for Private Corporate Debt and Real Estate Asset Management. We expect these funds to close in fiscal 2013 and that these new commitments will be important in our rebound from a sub-par 2012."

For detailed financial statements for the year ended September 30, 2012 and for the first quarter, including Management's Discussion and Analysis and the Corporation's Annual Information Form, please refer to IAM's website or SEDAR at www.sedar.com after December 12, 2012.

IAM is one of Canada's leading alternative asset management companies with approximately $1.9 billion in assets and committed capital under management in real estate, private corporate debt, private equity, managed futures and retail alternative investments as of February 8, 2013.

This press release may contain forward-looking statements with respect to IAM and its products and services, including its business operations and strategy and financial performance and condition. Although management believes that the expectations reflected in any such forward-looking statements are reasonable, such statements involve risks and uncertainties. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, including interest rates, business competition, changes in government regulations or in tax laws, and other factors discussed in materials filed with applicable securities regulatory authorities from time to time.

Contacts:
Integrated Asset Management Corp.
Stephen Johnson
CFO
416 933 8278
sjohnson@iamgroup.ca
www.iamgroup.ca

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest AJAXWorld RIA Stories
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is ...
One of the biggest challenges when developing connected devices is identifying user value and delivering it through successful user experiences. In his session at Internet of @ThingsExpo, Mike Kuniavsky, Principal Scientist, Innovation Services at PARC, described an IoT-specific...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and...
SYS-CON Events announced today that AgilePoint, the leading provider of Microsoft-centric Business Process Management software, will exhibit at SYS-CON's 2nd International @ThingsExpo which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara...
One of the biggest challenges when developing connected devices is identifying user value and delivering it through successful user experiences. In his session at Internet of @ThingsExpo, Mike Kuniavsky, Principal Scientist, Innovation Services at PARC, will describe an IoT-spe...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE