| Business Summary | | Global
Partners
Inc.
operates
a
diversified,
investment
banking
and
securities
network.
The
Company
currently
owns
and/or
operates
Global
Capital
Securities
Corporation,
a
full
service
investment
banking
and
brokerage
firm;
a
majority
interest
in
Sutton
Online
Inc.,
an
online
trading
firm;
and
a
majority
interest
in
MoneyZone.com,
an
Internet-based
business
that
previously
was
engaged
in
facilitating
commercial
loans
and
other
corporate
finance
activities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GCAP
provides
a
wide
range
of
financial
services
in
the
U.S.,
Central
Europe,
and
Eastern
Europe.
Its
businesses
include
securities
underwriting,
asset
management,
merchant
banking,
brokerage
and
research
services.
For
the
fiscal
year
ended
3/31/01,
revenues
fell
55%
to
$20.2
million.
Net
loss
from
continuing
operations
totaled
$44.7
million,
vs.
an
income
of
$4.4
million.
Results
reflect
losses
in
the
brokerage
house,
a
decrease
in
commissions
and
the
inclusion
of
a
$27.6
million
bad
debt
expense. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
7,989;
after
tax
earnings
were
-265. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Martin Sumichrast, 34 Chairman,
Pres, CEO | $260K | Kevin McNeil, 41 CFO,
Exec. VP, Sec., Treasurer | 120K | Dollar amounts are as of 31-Mar-2001 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
|
|