| Business Summary | | Greg
Manning
Auctions,
Inc.
(GMAI)
is
a
multi-category
business-to-business
and
business-to-consumer
collectibles
auctioneer
&
merchant
in
the
Americas,
Asia
and
Europe.
The
Company
combines
traditional
and
electronic
(Internet,
interactive
telephone,
and
live
with
simulcast
Internet)
capabilities
to
sell
coins,
stamps,
sports
trading
cards
&
memorabilia,
comic
books
&
comic
art,
Hollywood
&
Rock
'n
Roll
memorabilia,
movie
posters,
affordable
fine
art,
and
un-mounted
diamonds.
Vertically
integrated,
the
Company's
offerings
and
distribution
channels
span
the
entire
price
range
from
low
end
to
ultra-high
end,
its
businesses
include
wholesale,
retail
and
direct
response
sales,
and
it
possesses
a
branded
presence
in
all
major
sales
channels
both
in
the
traditional
and
eCommerce
worlds. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Greg
Manning
Auctions,
Inc.
and
subsidiaries
are
an
eCommerce
and
collectibles
company
as
well
as
a
public
auctioneer.
GMAI
serves
both
the
B2B
and
B2C
collectibles
markets
in
the
Americas,
Asia
and
Europe.
For
the
nine
months
ended
3/31/01,
revenues
fell
1%
to
$45.8
million.
Net
loss
totaled
$4.5
million,
up
from
$1.5
million.
Revenues
reflect
a
decrease
from
Greg
Manning
Direct.
Higher
loss
also
reflects
lower
commissions
and
reduced
margin
on
owned
inventories. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Greg Manning, 54 Chairman,
Pres, CEO | $320K | -- | James Smith, 48 Chief
Financial Officer | 110K | $41K | Thomas Davanzo COO | -- | -- | James Reiman, 45 Exec.
VP, Strategic Devel./Investor Relations | 142K | -- | Anthony Bongiovanni, Jr., 41 CTO,
Director | -- | -- | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|