Offshoreonly.com

Offshoreonly.com (https://www.offshoreonly.com/forums/)
-   General Boating Discussion (https://www.offshoreonly.com/forums/general-boating-discussion-51/)
-   -   Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o (https://www.offshoreonly.com/forums/general-boating-discussion/140967-fountain-powerboats-reports-fiscal-2006-sales-%2479-2-million-strong-backlog-o.html)

tblrklakemo 09-21-2006 01:29 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
 
if they would just move the friggin throttles to the right side of the dash....i might consider a fountain, beak and all.

T2x 09-21-2006 01:42 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backl
 

Originally Posted by jhiguy377
Just having a peaceful morning over here in Oregon and along comes t2x talking about the demise of critical thinking. Look at the public/political landscape and its clear that we need to insert facts and accurate thinking into our private and and community discourse. I'll step down off my soapbox with the comment that while Fountain and Reggie aren't my cup(s) of tea I have no animus toward either; let's just me wise in who we elevevate to sainthood in the pop culture. -Jeff

Yeah...... what he said.... I think :D :D :D

T2x

P.S. I have no animus toward Reggie either, other than being locked in a voice over studio with him for a TV season....... My doctor tells me that my ears are no longer bleeding everytime they hear the word "I"... :p

T2x 09-21-2006 01:46 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
 

Originally Posted by bidpro
Tx2

I am not impressed with the financial performance of the Company. I do admire that Reggie has found a way to pay for his racing affinity with stockholder money.

Gregg Reichman


Yep it sure beats the heck out of using up his family's assets.

T2x

T2x 09-21-2006 01:48 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
 
1 Attachment(s)

Originally Posted by yahoo
TX2,
Have you put the wing in the water yet ? Cant wait to hear how it runs with 300hp a side.

Your a braver/dumber man than I to run that bad boy wide open.

Curtis

Hi Curtis.....

Those motors are about 350 hp each....... @ 10,000 RPM or so....

We haven't found anybody willing to run that boat wide open yet...........

Maybe Ken Warby would like to try....? :D

T2x

P.S. Here's the props.....finally....

T2x 09-21-2006 02:04 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
 

Originally Posted by Audiofn
T2X Why do you care if these guys worship Fountain? Go ahead let people worship whoe they want. The cig guys worship the Don yada yada yada. You did post some stuff however that is somewhat taken out of context don't ya think. This is the entire report for anyone that cares to read it.

-- Increased sales by 11.3 percent
-- Finished year with strong $43 million backlog
-- Drove up net income 218 percent
-- Reported fourth quarter sales of $23.3 million -- highest in Fountain
Powerboats' history
-- Expanded international sales by 54 percent
-- Added new dealers in Florida, Canada, Italy and England
-- Added depth to management team with appointment of David Knight to
President and Betty Smith to Vice President of Administration
-- Launched 'Lean Manufacturing' program (Toyota Production System)
company-wide
-- Introduced three new boat models: The Fountain 38 Open center console
fish boat, the 38 Lightning offshore high performance sport boat, and the
42 Lightning with redesigned cockpit
-- Maintained dealer inventory at approximately 3.3 boats per dealer
Sales up 11.3 percent for fiscal 2006

-- Net Sales for the year ended June 30, 2006 was $79,226,224, an
increase of approximately 11.3 percent, compared to net sales of
$71,182,069 for fiscal 2005.
Profit: Gross profit up 20 percent for the year

Ya see...if you boil down all of that.........and can read a financial statement......

The company netted $1.1 million ( a little less than the cost of Stu Hayim's newest Skater)...on sales of $79 million.

or............

1.4 cents on the dollar......

Of course sales are up.....

The product is being sold for cost.

T2x

DollaBill 09-21-2006 02:26 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
 

Originally Posted by T2x
Yep it sure beats the heck out of using up his family's assets.

T2x

Yes, it certainly does.

FeverMike 09-21-2006 03:01 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
 

Originally Posted by T2x
Geez....Reggie joined Team Mercury in the early 70's...

Apology accepted.

T2x

Correct and as I said before...Carl was already gone and had his Aeromarine business. DUH! :evilb:

FeverMike 09-21-2006 03:06 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
 

Originally Posted by T2x
No speeds yet...we're still trying to get the aeleron geometry correct......
T2x

I believe the great T2X meant to write Aileron geometry not aeleron geometry....since this is now a spelling bee! :eek: :D

Chris Sunkin 09-21-2006 03:52 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
 
Reggie is brilliant.

He has somehow managed to find a way for investors to pay for his hobby. Nice deal.

Magicfloat 09-21-2006 03:58 PM

Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
 
Nice pic,#173 was Pearl,#284 was Sherlock? Who was# 201 at first position? I should know,just too old :drink:


All times are GMT -5. The time now is 04:38 AM.


Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.