Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Planet Entertainment Corp (OTC BB:PNEC.OB)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | SEC
Recent Events
Aug 31Price hit new 52-week low ($0.03)
Location
7 Simmons Lane
Menands, NY 12204
Phone: (518) 432-5560
Employees (last reported count): 110
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Consumer Cyclical
 ·Industry: Recreational Products
Related Links
 ·Search Yahoo! for related links...
Ownership
·Insider and 5%+ Owners: 79%
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Planet Entertainment Corp. is currently involved in various areas of the recorded music industry. The Company's principal business, primarily through its wholly-owned subsidiary, NEOS, is the wholesale distribution of pre-recorded music in the form of compact diskettes (CDs), cassette tapes, and other entertainment related products such as video tapes, Digital Video Diskettes (DVDs) and music or entertainment related apparel, such as t-shirts. The Company's business activities also include, to a lesser extent, the acquisition, licensing, production, marketing and distribution of high quality recorded music from the catalog. Through NEOS, the Company distributes approximately 140,000 front-end titles of pre-recorded music to independent record stores, college bookstores and mass merchants. Generally, front-end titles are popular, current, re-recorded music titles.
More from Market Guide: Expanded Business Description

Financial Summary
Planet Entertainment is a diversified entertainment company specializing in music production, wholesale distribution and marketing of front line music, video and DVD titles as well as its proprietary CD compilation albums. For the nine months ended 5/31/01, revenues rose 11% to $27.7 million. Net loss from continuing operations applicable to Common totaled $3.4 million vs. an income of $118 thousand. Results reflect the addition of new One Stop customers, offset by reduced operating margins.
More from Market Guide: Significant Developments

Officers
FY2000 Pay

John Arnone, 43
Pres, CEO, Director
$144K
Scott Stewart, 42
CFO
72K
Ronald Nicks, 47
Pres, CEO, Northeast One Stop, Inc.
150K
Louis DelSignore, 62
Director and Chairman, Northeast One Stop, Inc.
52K
Dollar amounts are as of 31-Aug-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- OTC BB:PNEC.OBAs of 31-Aug-2001
Price and Volume
52-Week Low
on 31-Aug-2001
$0.03 
Recent Price$0.035
52-Week High
on 13-Sep-2000
$0.344
Beta0.69 
Daily Volume (3-month avg)4,682 
Daily Volume (10-day avg)7,000 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y]
52-Week Change-88.8%
52-Week Change
relative to S&P500
-85.0%
Share-Related Items
Market Capitalization$435.0K
Shares Outstanding12.4M
Float2.60M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$0.00 
Earnings (ttm)-$0.33 
Earnings (mrq)-$0.16 
Sales (ttm)$2.67 
Cash (mrq)$0.01 
Valuation Ratios
Price/Book (mrq)13.19 
Price/EarningsN/A 
Price/Sales (ttm)0.01 
Income Statements
Sales (ttm)$33.2M
EBITDA (ttm)-$2.17M
Income available to common (ttm)-$4.12M
Profitability
Profit Margin (ttm)-11.5%
Operating Margin (ttm)-11.3%
Fiscal Year
Fiscal Year EndsAug 31
Most recent quarter31-May-2001
Management Effectiveness
Return on Assets (ttm)-13.96%
Return on Equity (ttm)-153.74%
Financial Strength
Current Ratio (mrq)0.75 
Debt/Equity (mrq)1.31 
Total Cash (mrq)$165.0K
Short Interest
Shares ShortN/A 
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 31-May-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.