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Onvia Announced the Release of Onvia 7

Onvia Launches Next Generation Search Experience to Help Vendors Uncover Additional Government Contracting Opportunities Onvia 7 is a major upgrade to Onvia’s core platform and is immediately available to Onvia’s customer base of over 3,000 clients doing business in the public sector. Onvia 7 offers a next generation search experience to Onvia’s clients to help them discover more relevant business opportunities ... Read More »

Onvia Announces a Strategic Business Intelligence Solution to Identify and Evaluate Government Contractors

Onvia announced the release of Vendor Center, a new strategic business intelligence solution to identify and evaluate government contractors. Vendor Center: Reports which companies are winning government business by industry and geography Lists active term contracts and awards won by each vendor Provides detailed product and pricing data by vendor based on past bid results Summarizes firmographic data for each ... Read More »

Onvia Q3 2013 Revenue Growth Flat

Oniva reported that total revenue was flat at $5.4 million compared to one year ago as a result of lower report revenue.  Report revenue is not expected to increase in the foreseeable future because the content previously delivered as a one-time report is now included in the subscription solutions launched in the second half of 2012.  This is consistent with ... Read More »

Onvia Provides Accelerated Delivery of Government Bids and RFPs

Onvia, Inc. (www.onvia.com; NASDAQ: ONVI) announced it has significantly improved the timeliness of publishing bids and RFPs on a daily basis.  Onvia data shows that agencies have shortened the average response time allowed for bids and RFPs from 24 days to 19 days in the last eight months. “The need for timely access to government bids and RFPs has never been greater ... Read More »

Onvia, Inc. Q2 2013 Revenues Flat

Onvia, Inc. (ONVI), a provider of comprehensive government-business market intelligence, reported financial results for the second quarter ended June 30, 2013. Subscription revenue grew 3% over Q2 2012, compared to 1% year over year growth in Q1 2013. This represents our second positive growth rate in subscription revenues since Q2 2010.   The 2013 operating initiatives are designed to drive subscription ... Read More »

Onvia Q1 2013 Revenues Flat

For the first quarter 2013 Onvia reported revenues of US$ 5.5 million which were flat compared to Q1 2012.  Its client base shrunk 10% from 4300 in 2012 to 3850 in Q1.   Annual contract value was up 2% to 18.9 million.  The company reported a net loss of US$ 120,000 in Q1 compared to a net income of US$ 60,000 ... Read More »

Business Information: What Grows and What Does Not?

This is BIIA’s latest update on 2012 revenue growth based on the latest annual reports.  We have mapped the individual growth rates of major business information suppliers against Outsell’s growth estimates for 2012.   Outsell’s Credit & Financial Information segment grew by 6% to US$ 55bn. The company information segment grew by 6% to US$ 5bn.  The Outsell growth benchmark of ... Read More »

Onvia, Inc. 2012 Revenues Decline 5%

Onvia reported 2012 revenue down 5% to $22 million vs. $23.2 million in 2011.  Fourth quarter revenue declines 1% over same period last year. Gross margin at 84% in both 2012 and 2011. Adjusted EBITDA decreased to $3.0 million vs. $3.8 million in 2011.  Annual Contract Value grows 2% to $18.8 million. The company stated that revenues are a lagging ... Read More »

Oniva 2011 Revenues Declined by 14%

In 2011, Onvia delivered record profitability despite declining revenue growth.   For the full year, Onvia delivered record Adjusted EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization, including non-cash stock-based compensation) of $3.8 million up 105% over 2010 and exceeded our target of $3.6 million set at the beginning of 2011. Annual net income was $1.6 million or $0.18 per diluted ... Read More »