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  September 5, 2001
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Home > Company Index > Diversified Services > Miscellaneous Business Services > Entrade Inc.

Entrade Inc.
NYSE: ETA
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 PROFILE
Entrade was entranced by the online B2B portal craze, but in the end it's bidding on the auction business. Formerly ARTRA GROUP, the company is focused on developing its Nationwide Auction Systems, one the leading asset liquidation businesses in the US. Nationwide has facilities in California, Delaware, Georgia, and Missouri. Entrade is also looking to enhance its subsidiary's business through Internet technology. The company continues to have equity positions in several online B2B portals, like AssetControl.com and TruckCenter.com. Entrade reorganized its operations and cut staff numbers in 2000 to stem the tide of losses.

 COMPETITION
DoveBid, Inc. (dossier)
Ritchie Bros. Auctioneers Incorporated (RBA)
VerticalNet, Inc. (VERT)

 DEALS
Deal: Entrade Secures $30 Million Private Placement
Date Announced: 03.28.00
Value of transaction (US $Mil): 30
Description: B-to-b e-commerce marketplace secures $30 million in private placement.

 TRACKERS
Nov. 01, 2000 - LAYOFF TRACKER
45 laid off
Description: Focusing on Nationwide Auction Systems, one of its companies.

More LAYOFF NEWS

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 4.50
1-Yr. Sales Growth: 4,400.0%
Employees: 130
Revenue per employee: $34,615.38

 KEY PEOPLE
• Peter R. Harvey
    CEO
• Norman Smagley
    CFO

 CONTACT INFO
500 Central Ave.
Northfield, IL 60063
US
Phone: 847-784-3300
Fax: 847-441-6959

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