| Innotrac Corporation | |||
| Proposed Ticker: | INOC | 1828 Meca Way | |
| Exchange: | NASDAQ-National Market | Norcross, GA 30093 | |
| Industry: | Service (SIC Code 7389) | (770) 717-2000 | |
| Type of Shares: | Common Shares | Filing Date: | 12/16/97 | |
| U.S. Shares Filed: | 2,500,000 | Filing Range: | $12.00 - $14.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $32,500,000 | |
| Primary Shares: | 2,500,000 | Expenses: | $750,000 | |
| Secondary Shares: | 0 | Shares Out After: | 9,000,000 |
| Manager | Tier | Phone |
| J.C. Bradford & Co. | Lead Manager | (615) 748-9347 |
| Wheat First Butcher & Singer Capital Markets | Co-manager | (804) 782-3278 |
| Issuer's Law Firm: | Kilpatrick Stockton LLP |
| Bank's Law Firm: | Nelson Mullins Riley & Scarbourough |
| Auditor: | Arthur Andersen |
| Registrar/Transfer Agent: | Reliance Trust Company |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | $71.30 | $67.31 | $53.23 | Assets: | $36.39 |
| Net Income: | $3.20 | $4.49 | $4.33 | Curr Assets: | |
| EPS: | Liabilities: | $31.47 | |||
| Prior EPS: | $11.64 | -$5.78 | Curr Liabilities: | ||
| Cash Flow/Oper: | $0.09 | -$8.18 | $6.72 | Equity: | $4.92 |
| Cash Flow/Fin: | $9.85 | -$5.04 | -$4.44 | Cash: | |
| Cash Flow/Inv: | -$7.97 | -$5.04 | |||
| Business Description |
| The company is a full service provider of customized, technology-based marketing support services primarily to large corporations. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to pay certain distributions in connection with the consolidation, repay certain indebtedness of the company, including indebtedness to a shareholder, and for general corporate purposes including working capital and potential acquisitions. |