| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Sykes Healthplan Services, Inc. |
| 11405 Bluegrass Parkway, Lousiville, KY 40299 * (502) 267-4900 |
| The company is a provider outsourced care management services and products and employee benefits administration and support services. The company's customers include large corporations and healthcare providers and payors. |
| Manager | Tier | Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Furman Selz Incorporated | Co-manager | (212) 309-8285 |
| Nationsbanc Montgomery Securities, Inc. | Co-manager | (415) 627-2100 |
| Raymond James & Associates, Inc. | Co-manager | (813) 573-8108 |
| NASNTL: | SHPS | Service: | SIC 7389 | |
| Type of Shares: | Common Shares | Filing Date: | 4/24/98 | |
| U.S. Shares Filed: | 2,500,000 | Filing Range: | $11.00 - $13.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $30,000,000 | |
| Primary Shares: | 2,500,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | ||
| Employees: | 975 |
| Issuer's Law Firm: | Holland & Knight |
| Bank's Law Firm: | Mayer, Brown & Platt |
| Registrar/Transfer Agent: | AmSouth Bank, Alabama |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 3/31/98 | 3/31/98 | |||
| Revenue: | $0.00 | $2.43 | Assets: | $81.70 | |
| Net Income: | -$5.85 | -$23.59 | Curr Assets: | $30.87 | |
| EPS: | Liabilities: | $77.14 | |||
| Prior EPS: | Curr Liab: | $24.32 | |||
| Cash Flow/Oper: | $0.97 | Equity: | $4.57 | ||
| Cash Flow/Fin: | $10.00 | $74.96 | Cash: | $19.92 | |
| Cash Flow/Inv: | -$9.15 | $56.87 | Working Cap: | $6.55 | |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay certain existing indebtedness, fund working capital and for general corporate purposes including possible acquisitions. |