| Address:
|
122 EAST 42ND STREET
SUITE 4700 |
| City: |
NEW YORK |
|
State: |
NY |
|
Zip Code: |
10168 |
| Telephone: |
646-356-0200 |
|
Description of Business
|
Primary SIC Code:
2080 |
| (As filed with the SEC)
|
|
|
We are an emerging developer and global marketer of premium branded spirits
within four growing categories of the spirits industry: vodka, rum, whiskey and
liqueurs. Our premium spirits brands include brands that we own, including Boru
vodka, Knappogue Castle Whiskey, the Clontarf Irish whiskeys, Sea Wynde rum, and
Brady's Irish cream liqueur, brands for which we possess certain marketing and
distribution rights, either directly or indirectly, including Goslings' rums and
Celtic Crossing liqueur and Pallini liqueurs, a brand that we distribute through
an agency relationship.
We were formed as a Delaware corporation in July 2003. Our predecessor company,
Great Spirits Company LLC, a Delaware limited liability company was formed in
February 1998 by our chief executive officer, Mark Andrews, through one of his
affiliated entities, Knappogue Corp. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2009 | 0.12 | NA | 2.83 | | 09/2009 | -0.02 | NA | N/E | | 06/2009 | -0.41 | NA | N/E | | 03/2009 | -0.68 | NA | N/E | | 12/2008 | -1.66 | NA | N/E | | 09/2008 | -1.96 | NA | N/E | | 06/2008 | -1.78 | NA | N/E | | 03/2008 | -1.81 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
03/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | -0.16 | Total Liab/Total Assets | 0.28 | | Net Inc/Total Assets | -0.60 | Total Liab/Inv Cap | 0.36 | | Net Inc/Inv Cap | -0.76 | Total Liab/Comm Equity | 0.08 | | Pretax Inc/Net Sales | -0.83 | Interest Coverage Ratio | -12.74 | | Net Inc/Net Sales | -0.83 | Curr Debt/Equity | 0.00 | | Cash Flow/Net Sales | -0.42 | LTD/Equity | 0.01 | | SG&A/NetSales | 0.87 | Total Debt/Equity | 0.02 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 3.59 | Quick Ratio | 1.99 | | Inventory Turnover | 2.14 | Current Ratio | 3.05 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.30 | | Net Sales/Work Cap | 1.65 | Inv/Curr Assets | 0.35 | | Net Sales/PP&E | 43.14 | | |
Income Statement (Millions) |
| |
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Total Revenues(Net Sales)
|
7.49
|
8.71
|
5.85
|
5.87
|
|
Cost of Goods Sold
|
4.92
|
5.75
|
3.55
|
4.05
|
|
Selling & Admin Exps
|
3.57
|
3.79
|
4.05
|
4.20
|
|
Operating Income
|
-1.25
|
-1.06
|
-1.96
|
-7.80
|
|
Interest Exp
|
NA
|
NA
|
NA
|
0.02
|
|
Pretax Income
|
-0.24
|
-0.52
|
-0.64
|
-8.74
|
|
Other Income
|
1.01
|
0.51
|
1.32
|
-1.29
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-0.24
|
-0.47
|
-0.56
|
-9.01
|
|
Assets
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Cash & Short Term Investments
|
1.65
|
2.80
|
4.23
|
7.67
|
|
Receivables - Total
|
6.78
|
8.56
|
6.30
|
6.93
|
|
Inventories - Total
|
9.58
|
9.27
|
8.53
|
8.17
|
|
Total Current Assets
|
18.76
|
21.49
|
20.04
|
23.49
|
|
Net Property, Plant & Equipment
|
0.52
|
0.56
|
0.58
|
0.61
|
|
Total Assets
|
32.95
|
35.98
|
32.75
|
36.36
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
5.40
|
7.77
|
6.37
|
7.59
|
|
Debt in Current Liabilities
|
0.42
|
0.43
|
NA
|
0.12
|
|
Total Current Liabilities
|
5.83
|
8.20
|
6.37
|
7.71
|
|
Long-Term Debt
|
0.54
|
0.42
|
NA
|
0.30
|
|
Total Liabilities
|
8.57
|
10.82
|
8.63
|
10.35
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
0.05
|
0.02
|
0.03
|
0.08
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
1.09
|
1.09
|
1.02
|
1.02
|
|
Retained Earnings
|
-110.50
|
-110.26
|
-109.79
|
-109.23
|
|
Treasury Stock
|
-0.18
|
-0.18
|
-0.18
|
NA
|
|
Total Stockholders' Equity
|
24.44
|
25.15
|
24.12
|
26.00
|
|
Total Liabilities and Stockholders' Equity
|
33.00
|
35.98
|
32.75
|
36.36
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2009
|
9/30/2009
|
6/30/2009
|
3/31/2009
|
|
Net Cash Provided by Operating Activities
|
-1.71
|
-1.11
|
-3.14
|
-2.19
|
|
Net Cash Provided by Investing Activities
|
1.94
|
1.41
|
-0.03
|
-0.05
|
|
Net Cash Provided by Financing Activities
|
0.11
|
-0.25
|
-0.30
|
0.04
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 03/2005 | 12.62 | -12.53 | -- | | 03/2006 | 21.15 | -13.08 | -- | | 03/2007 | 25.16 | -16.56 | -1.40 | | 03/2008 | 27.33 | -27.58 | -1.81 | | 03/2009 | 26.11 | -21.69 | -0.68 | | Growth Rates | 19.93 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/09 | 8 | 319 | 0.30 |
|
Report Date :
3/15/2010
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