ABOUT INVESTING

Sealegs Corporation Limited is a public company listed on the New Zealand Stock Exchange Main Board (NZX:SLG).  Sealegs Corporation owns 100% of Sealegs International Limited, the world’s leading manufacturer of amphibious boats. Sealegs International Limited has its office in Albany, Auckland and the Sealegs Amphibious boats are built in Auckland’s North Shore. Sealegs amphibious boats are used by customers in New Zealand, Australia, France, the United Kingdom, South Korea, Malaysia, Ireland, Hong Kong, Thailand, Belgium, the United Arab Emirates and the United States.

The Company has been trading for 4 years and in that time averaged revenue growth in excess of 75% per annum recording the following revenues:

Year Ending 31 March Actual Revenue*

2005

$1.2M

2006

$2.7M

2007

$5.5M

2008

$9.6M

* The actual revenue figures have been taken from the audited financial statements for the Company for the stated periods.


The Company has a staff in excess of 50 people and has two factories in Auckland’s North Shore.  The first factory focuses on the fabrication of the all aluminium hulls and the second on the final assembly.  Sealegs is managed by two proven entrepreneurs, David McKee Wright and Maurice Bryham.  David manages building the Company and Maurice on research and development.

The Company has patents pending internationally and issued patents in New Zealand, USA, South Africa and Malaysia.  Management are building a strategy based on the Company’s intellectual property and will commit on-going capital to its maintenance.

Further to the investment in intellectual property the Company has invested heavily in the model and production, with several boat models not yet released to the market. 

Since being introduced to the market in March 2004, Sealegs has revolutionized the convenience and enjoyment of small boating at waterfront residences and as luxury yacht tenders.  Further applications for the amphibious boat could be:

  1. In situations where getting in and out on the water as quickly and easily as possible is paramount - for pure convenience or in emergency roles.
  2. When you can't be bothered with the hassles of trailer boating - Getting wet, waiting for boat ramp access, parking the trailer etc.
  3. Applications where young children are safer in the boat during launching and retrieving.
  4. Applications where aged people wish to enjoy boating but may not be able to manhandle the boat during conventional trailer launching/retrieval.
  5. Military, rescue and emergency response also hold much potential.

About the Sealegs System