Mace Security International Inc. Reports Operating Results (10-Q) GuruFocus.com
Mace Security International Inc. has a market cap of $11 million; its shares were traded at around $0.6899 with and P/S ratio of 0.4. MACE is in the portfolios of Jim Simons of Renaissance Technologies LLC.Highlight of Business Operations:
Revenues were approximately $4.3 and $4.2 million for the three months ended March 31, 2010 and 2009, respectively. Of the $4.3 million of revenues for the three months ended March 31, 2010, $1.0 million, or 23%, was generated from our professional electronic surveillance operations, $1.3 million, or 30%, from our consumer direct electronic surveillance and high end digital and machine vision cameras and professional imaging components operation, $1.2 million, or 29%, from our personal defense and law enforcement aerosol operations in Vermont, and $787,000, or 18%, from our wholesale security monitoring operation in California acquired on April 30, 2009. Of the $4.2 million of revenues for the three months ended March 31, 2009, $1.2 million, or 29%, was generated from our professional electronic surveillance operation, $1.7 million, or 39%, from our consumer direct electronic surveillance and high end digital and machine vision cameras and professional imaging components operation, and $1.3 million, or 32%, from our personal defense and law enforcement aerosol operation in Vermont.
