Emerson Radio Corp - Company Profile
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Emerson Radio Corp (Emerson), a subsidiary of Nimble Holdings Co Ltd, designs and markets a range of houseware and consumer electronic products. Its product portfolio comprises microwave ovens, compact refrigerators, clock radios, wine coolers, wine openers, televisions, security cameras, ear buds, massagers, toothbrushes and security products. The company markets its products under Emerson, Emerson Research, H.H. Scott, iDEA, IDIVA, Olevia, Scott, and SmartSet brand names. It primarily merchandises and distributes these products through mass merchandisers and e-commerce portals such as Amazon and Walmart. The company has business presence across the US, China and Hong Kong. Emerson is headquartered in Parsippany, New Jersey, the US.
Headquarters
United States of America
Address
Suite 210, 959 Route 46 East, Parsippany, New Jersey, 07054
Website
www.emersonradio.com
Telephone
1 973 4282000
No of Employees
22
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
MSN (AFM)
Revenue (2023)
$7.2M
-12.5%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
62.5%
(2023 vs 2022)
Market Cap*
$11.5M
Net Profit Margin (2023)
XYZ
57.1%
(2023 vs 2022)
* As of and is in US$
Products and Services
| Products | Brands |
|---|---|
| Clock Radios | Emerson |
| Toaster Ovens | Emerson Research |
| Wine Products | H.H. Scott |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In January, the company entered into an agreement with Guizhou Yuanyu to establish Emerson brand for the sale of lithium battery products in China. |
| 2022 | Contracts/Agreements | In September, the company entered into a licensing agreement with NAXA Electronics for the Emerson brand for audio, computer gaming accessories and other related products for the sale of lithium battery products in China. |
| 2008 | Contracts/Agreements | The company signed a joint venture with ADCOM, LLC to manufacture, sell, distribute and/or license audio and video equipment for the home and/or office. |
Competitor Comparison
| Key Parameters | Emerson Radio Corp | LG Electronics Inc | Panasonic Holdings Corp | Haier Electronics Group Co Ltd | Sanyo Electric Co Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | South Korea | Japan | Hong Kong | Japan |
| City | Parsippany | Seoul | Kadoma-Shi | Central | Osaka |
| State/Province | New Jersey | - | Osaka | - | Osaka |
| No. of Employees | 22 | 37,835 | 233,391 | 16,775 | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Christopher W. Ho | Chairman; President; Chief Executive Officer | Executive Board | 2021 | 73 |
| Michael Binney | Chief Operating Officer; Director; Executive Vice President | Executive Board | 2022 | 64 |
| Richard Li | Chief Financial Officer | Senior Management | 2022 | 57 |
| Barry Smith | Treasurer; Senior Vice President - Operations | Senior Management | - | - |
| Kin Yuen | Director | Non Executive Board | 2016 | 69 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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