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Prospector Profile 1019-08
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MAAX Holdings, Inc. |
NAICS |
332998 |
9224 73rd Ave. North
Brooklyn Park, MN 55428 |
Description |
Bathroom Fixtures Mfg. |
(800) 328-2531 |
Employees |
3400 |
http://www.maax.com/en/InvestorRelations/ |
Revenue |
(mil) |
522.7500 |
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Income |
(mil) |
-28.1700 |
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Assets |
(mil) |
613.3400 |
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Liability |
(mil) |
585.3200 |
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(for the year ended 2006-02-28) |
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Category:
Loss/Deficit
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Event:
MAAX Holdings, Inc.'s consolidated balance sheet at Aug. 31, 2007, showed $507.5 million in total assets, $604.5 million in total liabilities, and $7.0 million in redeemable preferred stock, resulting in a $104.0 million total shareholders' equity. The company reported a net loss of $12.1 million for the quarter ended Aug. 31, 2007, compared with a net loss of $12.6 million for the same period ended Aug. 31, 2006.
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Intellectual Property:
The Company uses a broad range of trademarks, of which approximately 150 are registered or pending registration in the U.S., Canada, Europe, Taiwan and Thailand. The Company believes that certain trademarks including MAAX® are of material importance to its product lines. It also owns approximately 65 patents and industrial designs, registered or pending registration in the U.S., Canada and Europe. In addition, the Company has a license from The Coleman Company, Inc. for use of the mark Coleman® and certain other trademarks in association with spa and related products that expires in October 2008. It also has a license from
Altura Leiden Holding B.V. for use of a shower enclosure patent. [SEC Filing 10-K 05-30-06]
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Description:
The Company is a manufacturer and distributor of bathroom fixtures in Canada and in the U.S. It sells bathroom fixture products, including acrylic, gelcoat, and thermoplastic bathtubs, showers, whirlpools and bathtub/shower surrounds, as well as shower doors and medicine cabinets.
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Officers:
Arthur Byrne (Chair); Paul Golden (Pres., CEO & Dir.); Denis Aubin (EVP & CFO); Benoit Boutet (VP & Controller); Michael Graham (Dir.); Andre LaForge (Dir.); James Rhee (Dir.); Steven Segal (Dir.)
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Auditor:
KPMG LLP
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Securities:
2,870,469 common shares outstanding as of May 15, 2006.
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