Lowrance Electronics Rank: 14 (2004 rank: N/A) Get quote:LEIX
CEO: Darrell J. Lowrance Address: 12000 E. Skelly Dr. Tulsa, OK 74128 Phone: 918-437-6881 Website:http://www.lowrance.com Employees: 991
ANALYSIS
Location, location, location. That is what counts most to Lowrance, and it isn't even in real estate. Its 85 products help fishermen, hunters, and hikers get their bearings. Offerings range from fish-finders for anglers to GPS products for wayward travelers. It even sells a portable in-car GPS navigation system that comes with an MP3 player. An automated voice interrupts the tune to give directions.
Rank
Revenue ($ millions, four quarters to 12/31/04)
115.3
--
Revenue growth (%, 3-year annual rate)
12.0
80
Net income ($ millions, four quarters to 12/31/04)
These companies represent the fifth graduating class of the annual FSB 100. They
have been screened just as the others were: Zacks, a financial research firm, identified companies with annual revenue of less than $200 million and a stock price of more than $1 and ranked them based on the past three years' earnings growth, revenue growth, and stock performance. We excluded banks and real estate firms, which would otherwise overrun the list.
How we pick the 25 richest executives
Call them mini-Buffetts: the executives who hold major stakes in their companies on the FSB 100 list. We hired Equilar, an executive-compensation research firm in San Mateo, Calif., to identify them and review the proxy statements of every
company on the list. The numbers below include all shares of stock owned outright, plus all vested options. (We ignored options that haven't vested.) Please, no hitting these folks up for loans.
