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Prospector
Profile
3-26-006
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| Retail Pro, Inc. |
NAICS |
511210 |
| 3252 Holiday Court, Suite 226,
La Jolla, CA 92037 |
Description |
Software Publisher |
| (858) 550-3355 |
Employees |
185 |
| http://www.retailpro.com/ |
Revenue |
(mil) |
25.5100 |
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Income |
(mil) |
-7.2300 |
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Assets |
(mil) |
40.0500 |
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Liability |
(mil) |
29.1700 |
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(for the year ended 2007-03-31) |
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Category:
Loss/Deficit
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Event:
Retail Pro, Inc., reported a net loss of $2.1 million on total revenue of $6.2 million for the first quarter ended June 30, 2007, compared with a net loss of $1.8 million on total revenue of $6.0 million for the corresponding period ended June 30, 2006. Operating loss, which included depreciation and amortization expense, increased by $797,000, due primarily to the increase in Application development and Selling, General & Administrative expenses, offset by an increase in gross profit. At June 30, 2007, the Company's consolidated balance sheet showed $42.0 million in total assets, $33.1 million in total liabilities, and $8.9 million in total stockholders' equity. The Company's consolidated balance sheet at June 30, 2007, also showed strained liquidity with $5.4 million in total current assets available to pay $27.2 million in total current liabilities.
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Intellectual Property:
The Company's success and ability to compete depend in part on its ability to develop and maintain the proprietary aspects of its technologies. The Company relies on a combination of copyright, trade secret and trademark laws, and nondisclosure and
other contractual provisions, to protect various proprietary applications and technologies. The Company seeks to protect its source code, documentation and other written materials under copyright and trade secret laws. It licenses software under license agreements that impose restrictions on the ability of the customer to use and copy the software. [SEC Filing 10-K 11-13-07]
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Description:
Retail Pro, Inc., provides Point of Sale,
Store Operations, Merchandising, Planning, Business Intelligence, and Payment Processing software applications for the specialty retail industry.
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Officers:
Michael Silverman (Chair); Barry Schechter (CEO & Dir.); Darren Williams (COO); Philip Bolles (CFO); Ian Bonner (Dir.); Donald Radcliffe (Dir.); Stephen Spector (Dir.);
Julia Eakes (Dir.)
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Auditor:
Goldman & Parks LLP
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Securities:
Common Stock Symbol RTPR.PK; Other OTC; 60,614,339 common shares outstanding as of March 8, 2008.
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