Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
09-21-2006, 01:29 PM
#41
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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.
09-21-2006, 01:42 PM
#42
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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
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"...
09-21-2006, 01:46 PM
#43
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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
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
09-21-2006, 01:48 PM
#44
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Re: Fountain Powerboats Reports Fiscal 2006 Sales of $79.2 Million and a Strong Backlog o
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
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
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....?
T2x
P.S. Here's the props.....finally....
Last edited by T2x; 09-21-2006 at 01:52 PM.
09-21-2006, 02:04 PM
#45
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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
-- 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
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
Last edited by T2x; 09-21-2006 at 02:12 PM.
09-21-2006, 02:26 PM
#46
OSO OG
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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
T2x
09-21-2006, 03:01 PM
#47
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
Apology accepted.
T2x
09-21-2006, 03:06 PM
#48
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
T2x
09-21-2006, 03:52 PM
#49
Registered User
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.
He has somehow managed to find a way for investors to pay for his hobby. Nice deal.
09-21-2006, 03:58 PM
#50
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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 
