| | Business Summary | | Market
America,
Inc.
is
a
marketing
and
distribution
company
that
has
taken
attributes
of
traditional
franchising
and
network
distribution
systems
and
combined
them
into
a
marketing
plan,
referred
to
as
The
UnFranchise.
The
UnFranchise
combines
the
one-to-one
marketing
concepts
of
direct
selling
with
the
systemization
concepts
of
franchising.
Market
America
sells
an
assortment
of
consumer-oriented
products
and
services,
including
customized
apparel,
automotive
lubricants,
enzyme-activated
cleaning
and
soil
conditioning
products,
biologically
activated
hydrocarbon
remediation
products,
water
filters,
household
cleaning
products,
gourmet
coffee,
flower
arrangements,
dietary
and
nutritional
supplements,
vitamins,
photographic
services,
personal
protection
devices,
jewelry,
a
full
line
of
custom-blended
cosmetics,
a
separate
line
of
cosmetics
developed
especially
for
teenagers,
personal
care
products,
personal
development
products
and
various
marketing
support
materials. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Market
America,
Inc.
is
a
product
brokerage
company
that
markets
a
wide
range
of
consumer-oriented
products
and
services
through
a
network
of
independent
distributors.
For
the
fiscal
year
ended
4/30/01,
revenues
increased
2%
to
$138.5
million.
Net
income
increased
14%
to
$20.2
million.
Revenues
reflect
continued
growth
in
sales.
Earnings
also
benefitted
from
a
decrease
in
commission
expenses,
lower
lease
expenses,
and
higher
realized
gain
on
available-for-sale
securities. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Ridinger, 50
Chairman,
CEO | $1.0M | Martin Weissman, 56
Exec.
VP, Director | 180K | Dennis Franks, 46
Exec.
VP, Director | 227K | Loren Ridinger, 31
Sr.
VP, Sec., Director | 1.0M | Marc Ashley, 30
VP
of Admin. | 269K | | Dollar amounts are as of 30-Apr-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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mark.ob.gif)