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About Millennium Prime
Its shares trade under the ticker MLMN. It has been listed since 13 December 2000. In the fiscal year to 30 September 2020, it reported revenue of $7,793 and a net loss of $136,643. At that date it held total assets of $237,387 and shareholders' equity of −$1.6m.
Millennium Prime, Inc. engages in the development, acquisition, and marketing of lifestyle brands. The company is headquartered in Miami Beach, Florida. The company went IPO on 2000-12-13. The firm develops lifestyle products. The firm's focus is on marketing products for the beverage, apparel and entertainment categories. The firm's subsidiary is Bong Spirits Import, LLC (BSI). BSI is an importer and distributor of alcohol products, including Bong Spirit's Super Premium Vodka from Holland. BSI's blend of Super Premium Vodka is made of European grain, distilled over six times and filtered through over four processes, using reverse osmosis water and charcoal filtering. Bong Spirit Vodka is distributed in multiple cities throughout the United States through various distributors. Bong Spirit Vodka is distributed in the Netherlands, the United Kingdom, Canada, Vietnam, Turkey, Poland, Panama, Cyprus, Lebanon, China, Holland, Colombia, Germany, South Africa, India, Azerbaijan, Macau Kazakhstan, Australia, Israel, Germany and Switzerland.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 13 Dec 2000
- Website
- millenniumprime.com ↗
Leadership
Pay as last reported
- John MarchesePresident, Chief Executive Officer, Chairman of the Board, Treasurer, Secretary
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
- Millennium Prime Inc has a strong brand reputation in the industry, which helps attract and retain customers.
- The company has a diverse range of high-quality products that cater to different market segments, giving them a competitive edge.
- Millennium Prime Inc has a highly skilled and experienced workforce, enabling them to deliver exceptional customer service and innovative solutions.
Weaknesses
- The company's reliance on a single supplier for a critical component leaves them vulnerable to supply chain disruptions.
- Millennium Prime Inc's current marketing strategies are not optimized for digital platforms, limiting their online presence and potential market reach.
- The company's research and development capabilities are relatively limited compared to some competitors, potentially hindering innovation.
Opportunities
- The growing trend towards sustainable and eco-friendly products presents an opportunity for Millennium Prime Inc to expand their product line and capture a new market segment.
- Entering new international markets can help Millennium Prime Inc diversify their revenue streams and reduce dependence on the domestic market.
- Collaborating with technology companies to develop innovative solutions can give Millennium Prime Inc a competitive advantage and open up new business opportunities.
Threats
- Intense competition within the industry poses a threat to Millennium Prime Inc's market share and profitability.
- Economic downturns and fluctuations in consumer spending can negatively impact the demand for Millennium Prime Inc's products.
- Changes in government regulations related to product safety and environmental standards may require significant investments to remain compliant.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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