Universal Safety Products Inc
universalsafetyprod.comUniversal Safety Products Inc (NYSE American: UUU) is a safety products company that designs, imports, and markets smoke alarms, carbon monoxide alarms, and related safety devices for retail and electrical distribution channels. Revenue is transactional, generated through sales to retailers (including chain stores, home center stores, discount retailers, and catalog companies) and through its USI Electric subsidiary to electrical distributors, manufactured housing companies, and foreign customers. The company is incorporated in Maryland (1969) and headquartered in Owings Mills, Maryland. Net sales were $23.6M in fiscal year ended March 31, 2025, up 20.7% from $19.5M in fiscal year ended March 31, 2024, with a gross profit margin of 29.0%. On May 22, 2025, the company sold its smoke alarm and carbon monoxide alarm product lines, including finished goods inventory of $1.655M and all related intangible assets, to Feit. Following that transaction, the company employs eleven people and intends to continue marketing its remaining product lines while exploring additional business opportunities.
Products & Services
Smoke alarms, carbon monoxide alarms, and related safety products (sold through fiscal year ended March 31, 2025 and divested to Feit on May 22, 2025). Remaining product lines (excluding smoke and carbon monoxide alarms) continue post-divestiture. Products are designed for do-it-yourself consumer installation via retail, or professional installation via electrical distribution trade.
Revenue Model
Transactional product sales through two channels: retail (chain stores, discount retailers, home center stores, catalog and mail order companies) and electrical distribution (electrical and lighting distributors, manufactured housing companies, foreign customers). Products are sourced primarily from manufacturers in the People's Republic of China. Sales are conducted through approximately 40 independent sales organizations representing roughly 100 sales representatives, compensated on commission.
Customers & Markets
Two primary customer segments: (1) retailers including wholesale distributors, chain stores, discount stores, television retailers, home center stores, catalog and mail order companies; (2) electrical distribution trade including electrical and lighting distributors, manufactured housing companies, and foreign customers. End consumers are primarily do-it-yourself residential buyers. Sales to retail customers drove the revenue increase in fiscal year ended March 31, 2025.
Geographic Exposure
Products primarily manufactured in the People's Republic of China. Principal operations and headquarters in Owings Mills, Maryland. Some sales to foreign customers through the USI Electric subsidiary.
Financial Snapshot
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