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About Aftermaster
Its shares trade under the ticker AFTM. It has been listed since 8 November 1988. In the fiscal year to 30 June 2019, it reported revenue of $976,322 and a net loss of $9.3m. At that date it held total assets of $1.1m and shareholders' equity of −$12.8m.
AfterMaster, Inc. is an audio technology company. The company is headquartered in Hollywood, California. The firm and its subsidiaries are engaged in the development and commercialization of audio and video technologies for professional and consumer use, including AfterMaster audio, ProMaster, Aftermaster Pro and MyStudio. As of June 30, 2016, the Company operated six recording and mastering studios at its Hollywood California facility. AfterMaster Audio Technology is an internally-developed mastering, remastering and audio processing technology. AfterMaster Pro is a personal audio re-mastering device. Aftermaster Pro transforms the audio of television, smartphone, headphones, laptop, tablet, gaming unit, or virtually any audio-enabled device. ProMaster is an online music mastering, streaming and storage service designed for independent artists, which utilizes audio technologies developed by it. ProMaster will master a user's uploaded music and allows them to compare up to 90 seconds of their original to the newly mastered songs.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Leisure Products
- Listed since
- 8 Nov 1988
- Employees
- 9
- Website
- aftermaster.com ↗
Leadership
Pay as last reported
- Mr. Lawrence RyckmanChairman of the Board, President, Chief Executive Officer, since 2015$269,047
- Ms. Mirella ChavezChief Financial Officer, Treasurer, Secretary, Director, since 2013$220,000
- Mr. Mark DepewSenior Vice President - Finance, Director, since 2015$95,000
- Mr. Aaron RyckmanSenior Vice President - Busiess Development
- Mr. Arnold WeintraubDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Aftermaster Inc possesses several strengths that contribute to its competitive advantage. Firstly, the company is at the forefront of audio technology innovation, with expertise in audio remastering and audio processing technologies. This allows them to deliver high-quality sound enhancement solutions to their customers. Secondly, Aftermaster Inc has established strategic partnerships with notable companies and industry leaders, giving them access to a wide network of potential clients and collaborators. Additionally, the company's experienced leadership team brings a wealth of knowledge and industry insights, enabling effective decision-making and efficient operations. Lastly, Aftermaster Inc's strong brand reputation and positive customer feedback further solidify their position in the market.
Weaknesses
- Despite their strengths, Aftermaster Inc also faces a few weaknesses that need to be addressed. One weakness is their relatively small market share compared to established competitors in the audio technology industry. Additionally, the company's heavy reliance on strategic partnerships can result in exposure to partner-related risks and potential limitations in autonomy. Furthermore, Aftermaster Inc's product portfolio may lack diversity, potentially limiting their ability to cater to a wide range of customer needs and preferences.
Opportunities
- Aftermaster Inc can leverage several opportunities to foster future growth and expansion. Firstly, the increasing demand for enhanced audio experiences across various industries presents significant growth potential. By capitalizing on this trend, the company can tap into new customer segments and gain market share. Secondly, strategic collaborations with prominent media producers, streaming platforms, and content creators can open doors for Aftermaster Inc to provide their audio remastering solutions to a wider audience. Moreover, expanding their product offerings to include software applications and mobile solutions could further diversify their revenue streams and attract a broader customer base.
Threats
- Aftermaster Inc must also consider potential threats that could impact its operations and profitability. One such threat is the presence of intense competition in the audio technology industry, where larger and well-established companies may possess greater resources and market dominance. Additionally, rapid advancements in audio technology and the emergence of new competitors could pose challenges to Aftermaster Inc's ability to maintain its competitive edge. Moreover, economic uncertainties or downturns may impact customer spending behavior, potentially resulting in reduced demand for audio enhancement solutions.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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