| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| Viagrafix Corporation |
| One American Way, Pryor, OK 74361 * (918) 825-6700 |
| The company develops, produces and markets technology-based information technology training products and graphics software products. |
| Manager | Tier | Phone |
| Southwest Securities, Inc. | Lead Manager | (214) 658-9495 |
| NASNTL: | VIAX | High-Tech: | SIC 7372 | |
| Type of Shares: | Common Shares | Filing Date: | 12/18/97 | |
| U.S. Shares: | 2,200,000 | Offer Date: | 3/3/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 1,750,000 | Offer Price: | $13.00 | |
| Secondary Shares: | 450,000 | Gross Spread: | $0.91 | |
| Offering Amount: | $24,200,000 | Selling: | $0.50 | |
| Expenses: | $0 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 6,100,452 | |||
| Employees: | 145 |
| Issuer's Law Firm: | Johnson, Allen, Jones & Dornblaser |
| Bank's Law Firm: | Jackson & Walker |
| Registrar/Transfer Agent: | UMB Bank N.A. MO |
| Auditor: | Ernst & Young |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/96 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | $10.08 | $9.80 | $7.60 | Assets: | $6.89 |
| Net Income: | $0.68 | $1.48 | $0.59 | Curr Assets: | $3.92 |
| EPS: | $0.15 | $0.37 | $0.13 | Liabilities: | $4.92 |
| Prior EPS: | -$0.20 | Curr Liab: | $1.89 | ||
| Cash Flow/Oper: | $1.38 | $0.85 | $1.14 | Equity: | $1.97 |
| Cash Flow/Fin: | $0.12 | -$0.91 | $0.01 | Cash: | $0.37 |
| Cash Flow/Inv: | -$0.29 | -$0.58 | -$0.21 | Working Cap: | $2.03 |
| Competition |
| The markets for technology-based IT training products and graphics software products are highly competitive and characterized by rapid changes in technology. In the technology-based IT training products market, the Company competes primarily with a limited number of small private companies, and a few large public companies. In the market for graphics software products, the Company competes primarily with several large public companies, including Autodesk, Inc., International Microcomputer Software, Inc. and Visio Corporation. Certain of the Company's competitors have substantially greater financial, marketing and technical resources than the Company. There can be no assurance that other companies have not developed or marketed, or will not develop or market, products that are superior to those of the Company, that are offered at substantially lower prices than those of the Company or that have or will achieve greater market acceptance than those of the Company. |
| Business Plan |
| The Company's objective is to become a leading provider of technology-based IT training products and graphics software products. The following are the key elements of the Company's strategy to achieve that objective: (I) Expand Training Product Offerings, (ii) Increase Sales through Major Retailers, (iii) Increase Direct Corporate Sales, (iv) Expand Software Product Development, (v) Increase International Sales and (vi) Develop Strategic Alliances. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness and general corporate purposes, including market development, product development and possible acquisitions. |