October 02, 2014 11:51 AM ET

Leisure Products

Company Overview of MEGA Brands Inc.

Company Overview

MEGA Brands Inc. designs, manufactures, and markets various toys, stationery, and activity products. The company operates through two segments, Toys, and Stationery & Activities. It offers plastic interlocking building blocks, vehicles, action figures, and themed activity sets, as well as toys with lights, sounds, and music; and puzzles for various ages from preschool and adult. The company also provides art materials comprising crayons, colored pencils, children’s markers, chalk, paints and brushes, and glue; writing instruments that comprise pens, mechanical and woodcase pencils, adult markers, and highlighters; presentation boards and accessories, including dry erase and cork presentation...

4505 Hickmore

Montreal, QC H4T 1K4

Canada

Founded in 1967

1,700 Employees

Phone:

514-333-3339

Key Executives for MEGA Brands Inc.

Chief Executive Officer
Age: 46
Founder and Chairman
Age: 71
Chief Financial Officer and Vice President
Vice President of Operations
President of Stationery & Activities
Compensation as of Fiscal Year 2014.

MEGA Brands Inc. Key Developments

MEGA Brands Inc. Announces New Partnership with Shriners Hospitals for Children- Canada

MEGA Brands Inc. announced the start of a new partnership with Shriners Hospitals for Children- Canada. The company has pledged $500,000 to the hospital's Exceptional Care for Exceptional Kids campaign and will launch a custom-made and limited edition Mega Bloks First Builders Block Buddy fundraising toy at today's International Shriners Day celebration in Ottawa. Additionally, MEGA Brands will provide Mega Bloks toys and decorations for the new hospital's Child Life playroom. Located in Montreal, construction of the new Shriners Hospital for Children began in spring of 2013, and is expected to be complete in 2015. In order to help drive donations to the Exceptional Care for Kids campaign, MEGA Brands has designed a Shriners-inspired Block Buddy to add to the Mega Bloks First Builders line. Called 'Loveable Lucas', the Limited Edition Block Buddy can be purchased at select Shriners Temples, at Shriners Hospitals for Children -- Canada in Montreal. To commemorate International Shriners Day, Loveable Lucas will make his debut, and be available for purchase, at the Shriners celebration in Ottawa.

MEGA Brands Inc., Special/Extraordinary Shareholders Meeting, Apr 23, 2014

MEGA Brands Inc., Special/Extraordinary Shareholders Meeting, Apr 23, 2014., at 09:00 US Eastern Standard Time. Location: Osler, Hoskin & Harcourt LLP. Agenda: To approve acquisition of the Corporation by a wholly-owned subsidiary of Mattel, Inc. for CAD 17.75 per common share in cash.

MEGA Brands Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013

MEGA Brands Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported net sales of $101,212,000 compared to $127,538,000 for the same period a year ago. Earnings from operations were $5,161,000 compared to $10,281,000 for the same period a year ago. Earnings before income taxes were $2,991,000 compared to $5,765,000 for the same period a year ago. Net earnings were $1,412,000 or $0.04 per diluted share compared to $4,010,000 or $0.01 per diluted share for the same period a year ago. Adjusted EBITDA was $8.9 million compared to $13.9 million in the fourth quarter of 2012. For the full year, the company reported net sales of $404,738,000 compared to $420,271,000 for the same period a year ago. Earnings from operations were $32,818,000 compared to $35,875,000 for the same period a year ago. Earnings before income taxes were $19,183,000 compared to $18,228,000 for the same period a year ago. Net earnings were $20,774,000 or $0.93 per diluted share compared to $16,586,000 or $0.84 per diluted share for the same period a year ago. Cash flows provided by operating activities was $35,412,000 compared to $51,998,000 for the same period a year ago. Acquisition of property, plant and equipment was $20,228,000 compared to $19,234,000 for the same period a year ago. Adjusted earnings before interest, taxes, depreciation and amortization were $47.0 million compared to $49.2 million in 2012. The corporation ended 2013 in a strong financial position, with long-term debt reduced 48% to $59.3 million compared to $113.0 million at the end of 2012, cash on hand of $16.4 million compared to $8.0 million the previous year, and no borrowings against working capital facility.

Similar Private Companies By Industry

Company Name Region
Mission-ITECH Hockey, Ltd. Americas
Imagine, Inc. Americas
Provincial Products Inc. Americas
BC Blades Americas
Ryders Eyewear Ltd. Americas

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 28, 2014
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MEGA Brands Inc., please visit www.megabrands.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.