| Information Advantage Software, Inc. | |||
| Ticker: | IACO | 7905 Golden Triangle Drive, Suite 190 | |
| Exchange: | NASDAQ-National Market | Eden Praire, MN 55344 | |
| Industry: | High-Tech (SIC Code 7372) | (612) 833-3700 | |
| # of Employees: | 217 | ||
| Type of Shares: | Common Shares | Filing Date: | 10/10/97 | |
| U.S. Shares: | 3,334,000 | Offer Date: | 12/16/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $7.00 - $8.00 | |
| Primary Shares: | 3,334,000 | Offer Price: | $6.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.42 | |
| Offering Amount: | $25,005,000 | Selling: | $0.24 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 14,989,359 |
| Manager | Tier | Phone |
| BancAmerica Robertson Stephens | Lead Manager | (415) 989-8500 |
| First Albany Corporation | Co-manager | (518) 447-8641 |
| Piper Jaffray Incorporated | Co-manager | (612) 342-6220 |
| Issuer's Law Firm: | Gunderson Dettmer Stough Villeneuve Franklin |
| Bank's Law Firm: | Briggs and Morgan |
| Auditor: | Price Waterhouse |
| Registrar/Transfer Agent: | Norwest Bank of Minnesota |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 1/31/97 | 7/31/97 | 7/31/96 | 7/31/97 | ||
| Revenue: | $11.75 | $10.15 | $5.16 | Assets: | $9.16 |
| Net Income: | -$8.48 | -$4.65 | -$2.83 | Curr Assets: | $7.58 |
| EPS: | -$0.76 | -$0.42 | Liabilities: | $8.54 | |
| Prior EPS: | -$4.13 | -$2.14 | Curr Liabilities: | $7.51 | |
| Cash Flow/Oper: | -$6.44 | $6.58 | $6.19 | Equity: | $0.62 |
| Cash Flow/Fin: | $5.96 | -$0.22 | -$0.23 | Cash: | $3.10 |
| Cash Flow/Inv: | -$0.59 | -$0.22 | Working Cap: | $0.06 | |
| Business Description |
| The company develops, markets and supports enterprise scalable on-line analytical processing software that is designed to allow a large number of users to access and analyze large amounts of data to make quicker and more informed business decisions. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of bank indebtedness, general corporate purposes including working capital and expansion of the company's sales, marketing and customer support infrastructure, and potential acquisitions. |