Youbet.com, Inc. to Present at the Roth Capital Partners 16th Annual Growth Stock Conference.Business Editors Roth Capital Partners Roth Capital Partners, LLC, is a full service Investment Banking firm, specializing in the small and micro cap markets. Roth’s focus, according to its official website, "has been, is, and will continue to be providing the full spectrum of investment banking services, 16th Annual Growth Stock Conference DANA POINT, Calif.--(BUSINESS WIRE)--Feb. 13, 2004 Youbet.com, Inc. (Nasdaq:UBET) will be presenting on February 18, 2004 at 8:00 a.m. at the Roth Capital Partners 16th Annual Growth Stock Conference taking place at the St. Regis Monarch Beach Resort and Spa in Dana Point, CA. Youbet.com, Inc. is a leading online wagering company and the largest Internet provider Internet provider - Internet Service Provider of thoroughbred, quarter horse and harness racing content in the United States. In 2003, the Company achieved its eighth consecutive quarter of net revenue growth. Youbet reported record year-over-year gains in six key financial measures: total handle; yield on total handle; increase in total revenue; increase in net revenue; increase in cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses ; and EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become . Led by CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Charles F. Champion, Youbet's management team has literally transformed Youbet. Two years ago, the company was at the brink of failure. Today, it is the lead competitor in the advanced deposit wagering (ADW See Key:Enterprise. ) business and is both financially and technologically positioned for growth. In 2003, Youbet outgrew out·grew v. Past tense of outgrow. all its competitors in terms of absolute dollars of handle. The company gained market share largely due to its superior technology platform and its unparalleled customer service program. Youbet members have the ability to watch and, in most states, wager on virtually all major domestic horse racing content via Youbet's exclusive closed-loop network. Members enjoy features that include commingled track pools, live audio/video, up-to-the-minute track information, real-time wagering information, phone wagering and value-added handicapping products. Youbet.com is an official online wagering platform of Churchill Downs Incorporated Churchill Downs Incorporated (NASDAQ: CHDN) is the parent company of Churchill Downs. The company owns several other thoroughbred and standardbred racetracks. History and the Kentucky Derby. Youbet operates Youbet.com TotalAccess(TM), an Oregon-based hub for the acceptance and placement of wagers. More information on Youbet.com can be found at the Company's website: www.Youbet.com. About the Roth Capital Partners 16th Annual Growth Stock Conference This annual event is the largest in the nation for emerging growth companies. It provides a concentrated forum where Institutional Investors can meet the executives of growth companies hand picked by Roth Capital's research team. The conference will highlight approximately 225 companies from industry groups including Health Care, Consumer Products, Technology and Financial Services. This year, as a result of numerous client requests, Roth has extended the conference to three working days, including a Discovery Day, which will highlight companies "undiscovered" by Wall Street. For more information about the conferencevisit http://www.apgweb.com/roth/danapoint/. |
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