| Business Summary | | Koss
Corporation
operates
in
the
audio/video
industry
segment
of
the
home
entertainment
industry.
The
Company's
principal
product
is
the
design,
manufacture
and
sale
of
stereophones
and
related
accessories.
The
Company's
products
are
sold
through
audio
specialty
stores,
catalog
showrooms,
regional
department
store
chains,
military
exchanges
and
national
retailers
under
the
Koss
name
and
dual
label.
The
Company
markets
its
products
to
approximately
2,000
customers
worldwide. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Koss
Corporation
is
a
designer,
manufacturer
and
marketer
of
stereo
headphones,
audio/video
loudspeakers,
and
related
accessory
products.
For
the
nine
months
ended
3/31/01,
net
sales
increased
11%
to
$28
million.
Net
income
increased
17%
to
$4
million.
Revenues
reflect
increased
sales
volumes
and
the
introduction
of
new
products.
Net
income
also
reflects
decreased
S/G/A
expenses
as
a
percentage
of
revenues
due
to
a
lower
bad
debt
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| John Koss, 70 Chairman | $451K | -- | Michael Koss, 46 Pres,
CEO, Chief Operating Officer, Chief Financial Officer & Vice Chairman | 421K | $151K | Sujata Sachdeva, 36 VP-Fin. | -- | -- | John Koss, Jr., 43 VP
of Sales | 177K | 52K | Richard Silverthorn, 45 Gen.
Counsel and Sec. | -- | -- | 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
|
|