Mace Security International
Logotype for Mace Security International Inc

Mace Security International (MACE) investor relations material

Mace Security International has been delisted

Mace Security International Q2 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Mace Security International Inc
Q2 2024 earnings summary29 Sep, 2024

Executive summary

  • Net sales for Q2 2024 were $1.36M, down 22% year-over-year due to loss of major retail customers and non-repeating international orders.

  • Gross profit rate remained at 30% in Q2 2024, with operational cost reductions offset by inflation in freight and components.

  • Net loss for Q2 2024 was ($722K), compared to ($629K) in Q2 2023; adjusted EBITDA loss widened to ($412K) from ($283K).

  • Year-to-date net sales fell 20% to $2.72M, with gross profit rate improving to 32% from 27% year-over-year.

  • Cash and cash equivalents declined to $60K as of June 30, 2024, with $1.25M drawn on a $2M credit line.

Financial highlights

  • Q2 2024 net sales: $1.36M (down 22% YoY); six-month net sales: $2.72M (down 20% YoY).

  • Q2 2024 gross profit: $409K (30% margin); six-month gross profit: $858K (32% margin).

  • Q2 2024 net loss: ($722K); six-month net loss: ($1.46M).

  • Adjusted EBITDA loss for Q2 2024: ($412K); six-month adjusted EBITDA loss: ($901K).

  • SG&A expense for Q2 2024: $947K; adjusted SG&A: $824K, 4% lower than prior year.

Outlook and guidance

  • Management continues to invest in manufacturing improvements and new product development to drive future growth.

  • Sales of S2 pepper spray launchers in Q3 to date are 10% higher than in Q2 2024.

  • Efforts underway to regain Amazon compliance for products affected by new button cell battery policy.

Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.
Latest events from Mace Security International
    Mace Security International
    Cover every name on your watchlist this earnings season.
    Automations, AI chat, and live calls across 16,000+ companies.
    Book demo

    AI chat

    Ask anything. Verify everything.

    Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn more

    Find what matters

    AI across all first-party IR material. Live calls, transcripts, slides, filings.
    A cited source card from Adobe's CFO alongside a list of forward-looking statements

    Trust every finding

    50m+ first-party documents. Every output traceable to its source.

    Automations

    Zero in on what matters

    Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more
    An automation set to trigger on the first published earnings document for GE Aerospace

    Event-triggered research

    Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.
    An automation scheduled to run weekly on Mondays at 09:00

    Scheduled research

    Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.

    Live audio & transcripts

    Be first

    Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more
    A live LVMH Q2 2026 earnings call playing in Quartr

    Live earnings calls

    Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.
    A live transcript excerpt from LVMH's Chairman and CEO Bernard Arnault

    Live transcripts

    Speaker-by-speaker, in real time. Searchable across every live and historical call.

    Quartr MCP connects your AI environment to 17K+ public companies

    Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
    Included with Quartr Pro at no extra cost.Learn more

    Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.

    Jamie Ross

    Investment Manager, GAM Investments

    GAM
    GAM

    Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.

    Tom O'Hara

    Investment Director

    Ciena
    Ciena

    Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.

    Gregg Lampf

    VP of Investor Relations

    Frequently asked questions

    Mace Security International Inc. is a manufacturer and distributor of personal safety and security products. The company's offerings include pepper sprays, personal alarms, stun guns, and other self-defense tools designed for individual and professional use. Mace also provides security training and related services, catering to consumers, law enforcement, and security personnel. The company is headquartered in Cleveland, Ohio, and its shares are listed on the OTCQB.