Thank you.
I thought I would give a brief introduction to our company.
We've been in business for 50 years. We are a western-based company, privately owned, with the same two families owning us today as the ones who founded the company. We've been expanding outside Canada for about the last 20 years. We have 150 employees across Canada. We have two facilities in Canada, one in the suburbs of Vancouver in Port Coquitlam, and one in Toronto, right by Woodbine Racetrack. They're both about 90,000 square feet. We're about $100 million in sales and about 60% of this is in Canada. We also own one retail store locally in North Vancouver.
Our business plan is one in which sell exclusively to independent bicycle dealers. We don't sell to big box stores. We have two parts to our business. One is brand management, so we have our own proprietary brands. These are brands that we're responsible for product developing, marketing, communication, and contract manufacturing, and these brands are sold around the world. Probably many of you have heard of Norco bikes; that is the primary brand. Then we have Axiom products as well, and a couple of other minor brands.
In Canada we also distribute third-party brands. We distribute others, about 90 brands, in Canada and those are sold exclusively through independent bicycle channels.
Our competitors within Canada are global. I guess the three primary competitors would be Specialized, Trek, and Giant. But Canada is our primary market, and as I said, about 60% of our sales are in Canada. Our largest export markets are in the U.S., the U.K., Russia, and Australia. We continue to grow in Europe, and we have some presence in Asia today.
That's a brief synopsis of our company.