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Prospector Profile 07.1157
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SIRVA, Inc. |
NAICS |
484121 |
700 Oakmont Lane
Westmont, IL 60559 |
Description |
Relocation Services |
(630) 570-3047 |
Employees |
4600 |
http://www.sirva.com/ |
Revenue |
(mil) |
3865.3000 |
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Income |
(mil) |
-54.6000 |
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Assets |
(mil) |
1419.2000 |
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Liability |
(mil) |
1360.4000 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Sirva, Inc. reported a net loss of $29.6 million on revenues of $855.4 million for the three months ended March 31, 2007, compared to a net loss of $28.1 million on total revenues of $757.6 million during the same period last year. The Company also used $14.5 million in cash for operating activities during the first quarter of 2007, compared to $12.9 million last year. As a result of its recurring losses, the Company has an accumulated deficit of $437.9 million and stockholder's equity of only $27.8 million.
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Intellectual Property:
The Company has registered the marks SIRVA®, northAmerican®, Allied®, Relocation Redefined®, Home Touch!®, and Worldtrac® in the United States and various other countries. [SEC Filing 10-K 06-29-07]
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Description:
The Company provides relocation and moving services to corporate clients, military/government agencies, and governmental agencies, as well as individual consumers.
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Officers:
John R. Miller (Chair); Robert W. Tieken (Interim CEO & Dir.); James J. Bresingham (EVP & Acting CFO); Timothy P. Callahan (SVP); Rene C. Gibson (SVP); Eryk J. Spytek (SVP, Sec. & Gen. Counsel); Douglas V. Gathany (VP & Treas.); Frederic F. Brace (Dir.); Robert J. Dellinger (Dir.); Thomas E. Ireland (Dir.); Laban P. Jackson, Jr. (Dir.); Peter H. Kamin (Dir.); Jeremy Mackenzie (Dir.); Joseph A. Smialowski (Dir.)
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Auditor:
Ernst & Young LLP
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Securities:
Common Stock-Symbol SIR; NYSE;
73,964,515 common shares outstanding as of June 1, 2007.
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