| Business Summary | | PartsBase,Inc.,
formerly
known
as
PartsBase.com,
Inc.,
is
an
online
provider
of
Internet
business-to-business
e-commerce
services
for
the
aviation
industry.
The
Company's
global
e-marketplace
provides
a
means
for
aviation
parts
buyers
and
sellers
to
buy
and
sell
new,
repaired
or
overhauled
aviation
parts;
list
products,
services
and
catalogs;
and
hold
auctions
for
slow-moving
and
excess
inventory.
At
year-end
2000,
the
Company
estimated
that
its
e-marketplace
utilized
a
database
of
approximately
2,500
suppliers,
containing
over
23
million
line
items
of
inventory.
At
the
same
time,
members
of
its
e-commerce
marketplace
included
Boeing,
Honeywell,
Federal
Express,
Airborne
Express,
United
Airlines,
Frontier
Airlines,
BF
Goodrich
Aerospace,
Saab,
Southwest
Airlines
and
Northrup
Grumman. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PRTS
is
a
provider
of
an
e-commerce
Business-to-Business
solution
to
the
aviation
parts
industry.
The
Company
enables
global
aviation
parts
buyers
and
sellers
to
efficiently
buy
and
sell
aviation
parts
and
products.
For
the
six
months
ended
6/30/01,
revenues
increased
99%
to
$3
million.
Net
loss
decreased
38%
to
$3.8
million.
Revenues
reflect
increased
subscriber
fees.
Lower
loss
benefitted
from
decreased
stock-based
compensation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Hammond, Jr., 46 Chairman,
Pres, CEO | $247K | Mark Weicher CFO | -- | Andy Plyler, 40 COO | 178K | Brian Tolley, 25 CIO | 54K | 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
|
|