Executive
Summary
Mission
Statement
Marketing
Report
Operations
Report
Corporate
Report
CEO
Report
Training
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At the time of takeover, the company had after tax profit of around $240 000, was paying no dividend, and had an overdraft exceeding $4 million dollars.
Natex saw that there was potential for growth, but also recognised that there had to be a number changes implemented so as to reach our goals.
Major financial, marketing and operations restructuring has been taking place over the last two years, which has seen Natex pay off all debts and experience strong growth in all target markets.
Natex Overdraft (past two years)
Perhaps the best indicator of our growth in seen in the markets confidence in us, our product and management, which if reflected in our share price which as risen a staggering 370%.
Insert graph of SHARE PRICE
Since takeover our profit after tax has also increased substantially.
INSERT GRAPH - P AFTER TAX
We feel that this is due to our high quality products and the superior management of our company.
Due to our continued success, we have had to increase our employees, technology levels and management in all existing factories. We have also recently established another two factories so as to handle the demand.
Recently we saw the opportunity to diversify our company from that of manufacturer to incorporate the service areas as well.
With extensive market research we have
seen a need for the Natex National Exercise network, which will essential
allow you to sigh up with us and receive what is essentially a national
gym membership with already over 500 gyms nation wide showing expressions
of interest with our idea.
We at Natex feel that our past success, along with our dedication to quality and the fact that our diversification prospect is a national first, will ensure what is looking to be a very bright future for Natex, and our valued customers and shareholders.
CFO - Mr J. White