| Business Summary | | Malibu
Entertainment
Worldwide,
Inc.
owns
and
operates
family
entertainment
centers
(FECs)
that
generally
include
a
combination
of
several
entertainment
attractions
at
a
single
location,
such
as
miniature
golf
courses,
go-karts,
bumper
boats,
batting
cages,
video
game
rooms,
souvenir
concession
stands
and,
in
some
parks,
scaled
grand-prix-style
racetracks
utilizing
the
Company's
proprietary
Malibu
Grand
Prix
race
cars.
The
Company
also
operates
SpeedZones,
which
are
primarily
designed
for
young
adults
and
feature
the
Company's
Malibu
Grand
Prix
racing
attraction,
go-kart-type
racing
attractions
and
the
Company's
Top
Eliminator
dragster
attraction,
together
with
a
clubhouse,
miniature
golf
course,
video
game
room
and
meeting
and
party
rooms
to
complement
the
racing
attractions.
At
March
19,
2001,
the
Company
owned
and
operated
14
FECs
and
three
SpeedZones
located
in
seven
states. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Malibu
Entertainment
Worldwide
develops,
owns
and
operates
family
oriented
entertainment
centers
featuring
miniature
golf,
video
games,
food/souvenir
concessions,
go-kart
tracks,
bumper
boats,
batting
cages
etc.
For
the
three
months
ended
3/01,
revenues
decreased
17%
to
$7.4
million.
Net
loss
applicable
to
Common
increased
5%
to
$4.7
million.
Revenues
reflect
sale
and
closing
of
parks.
Higher
loss
suffered
from
higher
preferred
dividends
paid. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
11,864;
after
tax
earnings
were
-455. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Beckert, 44 Chairman,
Pres, CEO | $628K | R. Scott Wheeler, 44 CFO | 234K | Dollar
amounts are as of 31-Dec-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
|
|