maxxam inc (MAXX:OTC US)
maxxam inc (MAXX) Snapshot
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Open
$638.52
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Previous Close
$638.52
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Day High
$638.52
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Day Low
$638.52
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52 Week High
03/5/13 - $700.00
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52 Week Low
06/21/12 - $575.00
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Market Cap
11.6M
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Average Volume 10 Days
0.1
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EPS TTM
$-2,457.50
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Shares Outstanding
18.2K
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
maxxam inc (MAXX) Related Businessweek News
No Related Businessweek News Foundmaxxam inc (MAXX) Details
MAXXAM Inc., through its subsidiaries, engages in the real estate investment and development, and racing operations. The company’s real estate investment and development operations include investment and development of residential and commercial real estate primarily in Arizona, California, Puerto Rico, and Texas, as well as associated golf course or resort operations. It also owns various commercial real estate properties that are subject to long-term lease arrangements. The company’s racing operations comprise ownership and operation of a pari-mutuel horse racing facility in the greater Houston metropolitan area, as well as a pari-mutuel greyhound racing facility in Harlingen, Texas. MAXXAM Inc. was founded in 1955 and is based in Houston, Texas.
maxxam inc (MAXX) Top Compensated Officers
maxxam inc (MAXX) Key Developments
MAXXAM Inc. reported audited consolidated earnings results for the year ended December 31, 2012. For the period, the company's total sales were $17.5 million compared to $26.4 million a year ago. Total operating income was $484.8 million compared to $54.4 million a year ago. Income from continuing operations before income taxes was $476.1 million compared to $43.3 million a year ago. Income from continuing operations was $467.4 million compared to $39.5 million a year ago. Net income was $467.4 million compared to $47.4 million a year ago. Net cash used for operating activities was $3.8 million compared to $16.6 million a year ago.
MAXXAM Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, total sales were $4.7 million against $3.6 million a year ago. Total operating income was $0.3 million against total operating loss of $19.6 million a year ago. Loss from continuing operations before income taxes was $2.5 million against $22.2 million a year ago. Loss from continuing operations was $2.5 million against $22.3 million a year ago. Net loss was $2.5 million against $22.3 million a year ago. For the nine months, total sales were $12.9 million against $22.0 million a year ago. Total operating income was $484.7 million against $17.8 million a year ago. Income from continuing operations before income taxes was $477.9 million against $9.5 million a year ago. Income from continuing operations was $477.8 million against $5.6 million a year ago. Net income was $477.8 million against $13.5 million a year ago.
MAXXAM Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company's total sales were $4.5 million compared to $4.5 million a year ago. Total operating income was $485.7 million compared to $39.1 million a year ago. Income from continuing operations before income taxes was $483.6 million compared to $35.5 million a year ago. Income from continuing operations was $483.5 million compared to $33.9 million a year ago. Net income was $483.5 million compared to $36.7 million a year ago. For the six months, the company's total sales were $8.2 million compared to $18.4 million a year ago. Total operating income was $484.4 million compared to $37.4 million a year ago. Income from continuing operations before income taxes was $480.4 million compared to $31.7 million a year ago. Income from continuing operations was $480.3 million compared to $27.9 million a year ago. Net income was $480.3 million compared to $35.8 million a year ago.
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Industry Analysis
MAXX
Industry Average
| Valuation | MAXX | Industry Range |
| Price/Earnings | 0.0x |
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| Price/Sales | 0.7x |
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| Price/Book | 0.3x |
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| Price/Cash Flow | 0.0x |
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| TEV/Sales | NM | Not Meaningful |
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