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Mad Catz Interactive Inc (MCZ)

Mad Catz Interactive Inc (MCZ)
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Mad Catz Interactive, Inc., was incorporated under the Canada Business Corporations Act on August 25, 1993. It designs, manufactures (through third parties in Asia), markets, sells and distributes accessories for all major videogame platforms, the personal computer (PC) and, to a lesser extent the iPod and other audio devices. The Company's accessories are marketed mainly under the Mad Catz, Saitek, Cyborg, Eclipse, Joytech, GameShark, Tritton and AirDrives brands; it also produces for selected customers a limited range of products which are marketed on a 'private label' basis. The Company's products include videogame, PC and audio accessories, such as control pads, video cables, steering wheels, joysticks, memory cards, light guns, flight sticks, dance pads, microphones, car adapters, carry cases, mice, keyboards and headsets. It also markets videogame enhancement products and publish videogames. The Company's products are sold by many of the largest videogame and consumer accessories retailers in the world including Amazon.com, Best Buy, GameStop, Meijer, Target and Wal-Mart in the United States; Future Shop and GameStop/EB Games in Canada and ASDA, Argos, Auchan, Carrefour, Curry's, Dixons, Electronic Partner, Game, GameStation, GameStop, Media-Saturn, Micromania, PC World and ProMarkt, in Europe. The primary markets in which it sells its products are the United States and Europe, and to a lesser extent, Canada and Asia. The Company's main competitors for videogame and PC accessories include first-party manufacturers Microsoft, Nintendo and Sony, and third-party manufacturers including Accessories 4 Technology, ALS, Bensussen Deutsch, Big Ben, Core Gamer, Datel, Genius, Griffin Technology, Intec, Hama GmbH & Co KG, Jöllenbeck GmbH, Katana Game Accessories, Inc., Logic3, Logitech, Naki, NYKO, Performance Designed Products LLC, Razer USA Ltd, SteelSeries ApS, Thrustmaster, Trust International B.V. and Vidis GmbH. The Company's operations and some of its products are regulated under various federal, state, local and international environmental laws.
(Values in U.S. Thousands) Mar, 2016 Mar, 2015 Mar, 2014 Mar, 2013 Mar, 2012
Sales 134,070 86,220 89,630 122,660 117,570
Sales Growth +55.50% -3.80% -26.93% +4.33% -36.09%
Net Income -11,620 4,750 -7,440 -11,200 -1,610
Net Income Growth -344.63% +163.84% +33.57% -595.65% -114.73%
(Values in U.S. Thousands) Mar, 2016 Mar, 2015 Mar, 2014 Mar, 2013 Mar, 2012
Total Assets 55,000 47,490 39,290 52,520 77,330
Total Assets Growth +15.81% +20.87% -25.19% -32.08% +2.38%
Total Liabilities 50,980 31,700 27,170 35,650 47,580
Total Liabilities Growth +60.82% +16.67% -23.79% -25.07% -7.49%
(Values in U.S. Thousands) Mar, 2016 Mar, 2015 Mar, 2014 Mar, 2013 Mar, 2012
Operating Cash Flow -6,350 1,470 4,090 10,190 -5,380
Operating Cash Flow Growth -531.97% -64.06% -59.86% +289.41% -263.03%
Net Cash Flow -2,710 3,650 -1,280 300 -1,260
Change in Net Cash Flow -174.25% +385.16% -526.66% +123.81% -185.14%
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