| Business Summary | | Fantom
Technologies
Inc.
and
its
three
operating
subsidiaries,
Fantom
Technologies
Direct,
Inc.,
Fantom
Technologies
U.S.A.,
Inc.
and
Fantom
Technologies
Intellectual
Property,
Inc.,
produce
a
product
line
consisting
of
full-size,
upright
and
canister
dual-cyclonic
vacuum
cleaners.
The
Company
also
plans
to
launch
new
products,
including
a
Counter-Top
Microbiological
Water
Processor,
a
Wireless
Vacuum
Cleaner,
Power-Control
Technology
and
a
Universal
Thermal
Energy
Cell. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Fantom
Technologies
Inc.
is
engaged
in
the
design,
manufacture
and
sale
of
vacuum
cleaning
devices.
For
the
nine
months
ended
3/31/01,
sales
decreased
33%
to
C$119
million.
Net
loss
before
U.S.
GAAP
Adjustment
totaled
C$10.3
million
vs.
an
income
of
C$9
million.
Revenues
reflect
intensified
competitive
activity
within
the
bagless
segment
of
the
vacuum-cleaner
market.
Net
loss
also
reflects
increased
S/G/A
expenses
and
cost
of
goods
sold
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Rikki Meggeson Chairman | -- | Allan Millman Pres,
CEO | $440K | Stephen Doorey CFO,
VP | 163K | Alan Hussey Sr.
VP and Gen. Mang. | 193K | Nick Varanakis VP
- Sales | 219K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|