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Mace Security International, Inc. (NASDAQ: MACE) is a globally recognized leader in personal safety and security. With over 40 years of experience, Mace® is known for its original pepper sprays. Manufactured in the USA, Mace® offers a wide range of security products, including pepper sprays, surveillance cameras, security DVRs, and CCTV equipment. The company recently announced partnerships to provide training and non-lethal safety products. With a focus on innovation and quality, Mace® continues to empower individuals and communities to prioritize personal safety.
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Mace Security International, Inc. appoints Kunal Mehta as Head of Digital Marketing to drive direct-to-consumer growth strategies. Mr. Mehta's background in revenue growth and digital optimization makes him a suitable candidate for the role. The company has seen a 43% revenue growth on its Amazon platform in December 2023 compared to the prior month and is making changes in its marketing agency effective February 1, 2024. Mr. Mehta's previous executive roles include CEO of Punchey, Inc. and leadership positions at Hell's Creative and Montana Advisors, LTD.
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Mace Security International, Inc. (MACE) has entered into a preliminary exclusivity agreement with Triple4s Safety, LLC to jointly develop a smart pepper spray device that is GPS and Bluetooth enabled and sends out the user's current location to emergency contacts when deployed. The device will have a replaceable canister, a glass breaker, a quick-release keychain, and a practice water canister. The formal agreement is expected to be finalized by March 29, 2024. The product will be showcased at CES-2024 and SHOT Show Las Vegas 2024.
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Mace Security International, Inc. (OTCQB:MACE) has entered into a distribution agreement with S&G Stores LLC, a convenience store chain with 70 stores in Ohio and Michigan, to distribute Mace keychain and wristlet personal alarms in a countertop display. The agreement includes promotions in March 2024 and July/August 2024 for Back-to-School.
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Mace Security International, Inc. (MACE) announces a refreshed direct-to-consumer strategy to drive sustainable long-term growth. The company plans to implement a comprehensive digital transformation, including a redesigned website, influencer marketing, and new social media engagement to increase web traffic and customer engagement.
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Mace Security International (OTCQB:MACE) announced its third quarter and year-to-date 2023 financial results, revealing a 40% decrease in net sales for Q3 2023 compared to the same period in 2022. The decline was attributed to a slowdown in discretionary purchases and paring back of inventory at several retailers, partially offset by a 43% increase in e-commerce sales due to recent social unrest. Gross profit rate decreased to 30.0% from 38.4% for the same quarter last year, and adjusted EBITDA for the quarter was a loss of ($318,000) compared to income of $124,000 in Q3 2022.
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Mace® Security International, Inc. (OTCQB:MACE) announces partnership with Knocking to feature Mace Brands in upcoming CBS Deals segment. The segment will showcase Mace Brand's line of neon personal alarms with keychain, offering a specially priced bundle of six alarms for consumers' peace of mind.
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Mace® Security International, Inc. (OTCQB:MACE) will hold its Q3 2023 earnings conference call on November 16, 2023, at 1:00 PM EST. The call will be available via webcast or phone. The Q3 2023 financial statements and slide presentation will be accessible on Mace's website. A recording of the call will be available for replay until November 16, 2024.
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Mace Security International obtains a new $2.0 million revolving loan with GemCap Solutions, replacing the previous $1.5 million bank credit agreement.
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Mace Security International partners with U.S. LawShield to promote Domestic Violence Awareness Month
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Mace Security International provides an update on its efforts to close a replacement for its bank credit agreement. Due diligence took longer than expected. The existing lender will not take action based on the scheduled expiration of the credit agreement without further notice to Mace.
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FAQ
What is the current stock price of MACE SECURITY INTL (MACE)?
The current stock price of MACE SECURITY INTL (MACE) is $0.0173 as of November 22, 2024.
What is the market cap of MACE SECURITY INTL (MACE)?
The market cap of MACE SECURITY INTL (MACE) is approximately 1.3M.
What products does Mace Security International, Inc. offer?
Mace Security International, Inc. offers a wide range of security products, including pepper sprays, surveillance cameras, security DVRs, and CCTV equipment.
Where are Mace Security International, Inc.'s products manufactured?
Mace Security International, Inc.'s products are manufactured in the USA at their Midwest-based headquarters.
What recent partnerships has Mace Security International, Inc. announced?
Mace Security International, Inc. recently announced partnerships to provide training and non-lethal personal safety products for employees of a metropolitan transit company.
How long has Mace Security International, Inc. been in operation?
Mace Security International, Inc. has been in operation since 1970, known for being the original manufacturer of pepper sprays.
What is the focus of Mace Security International, Inc.?
Mace Security International, Inc. focuses on empowering individuals and communities to prioritize personal safety through their innovative security products.
MACE SECURITY INTL INC
OTC:MACE
MACE Rankings
MACE Stock Data
1.33M
66.60M
8.09%
0.32%
Security & Protection Services
Industrials
United States of America
Cleveland