| Business Summary | | Global
Technovations,
Inc.
manufactures,
assembles
and
markets
oil
analysis
instruments,
which
are
sold
and
leased
to
a
diverse
group
of
industries,
and
speakers
and
speaker
components,
which
are
sold
to
automotive
original
equipment
manufacturers,
the
automotive
and
home
aftermarkets,
and
to
the
computer,
television
and
telephone
industries.
The
Company
conducts
substantially
all
of
its
operations
through
two
wholly
owned
operating
subsidiaries,
Onkyo
America,
Inc.,
which
conducts
the
Company's
automotive
speaker
technology
business,
and
On-Site
Analysis,
Inc.,
which
conducts
the
Company's
oil
analysis
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Global
Technovations,
Inc.
manufacurers,
assembles
and
markets
oil
analysis
instruments
and
speakers
and
speaker
components,
which
are
sold
to
OEMs.
For
the
six
months
ended
3/01,
revenues
totaled
$28.4
million,
up
from
$484
thousand.
Net
loss
applicable
to
Common
totaled
$7.3
million,
up
from
$2.9
million.
Revenues
reflect
the
acquisition
of
Onkyo
America,
Inc.
Net
loss
reflects
increased
operating
expenses
as
a
result
of
the
acquisition
and
an
increase
in
sales
personnel. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
15,781;
after
tax
earnings
were
-3,187. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Willis, Jr., 49 Chairman,
Pres, and CEO | $354K | David Natan, 47 CFO,
VP, Sec., Director | 161K | Dollar amounts are as of 30-Sep-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
|
|