| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Childcare Network, Inc. |
| 3025 University Avenue, Suite B-2, Columbus, GA 31907 * (706) 562-8600 |
| The company provides affordable, high quality developmental education and child care to families through 67 private schools, located predominately in smaller and mid-sized cities ranging in population from 60,000 to 400,000 in the Southeastern U.S. |
| Manager | Tier | Phone |
| Robinson-Humphrey Company, Inc., The | Lead Manager | (404) 266-6450 |
| Interstate/Johnson Lane Corp | Co-manager | (404) 840-5030 |
| NASNTL: | CCNI | Service: | SIC 8351 | |
| Type of Shares: | Common Shares | Filing Date: | 6/9/98 | |
| U.S. Shares Filed: | 2,850,000 | Filing Range: | $13.00 - $15.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $39,900,000 | |
| Primary Shares: | 1,600,000 | Expenses: | - | |
| Secondary Shares: | 1,250,000 | Post-IPO Shares: | 6,535,000 | |
| Employees: | 1200 |
| Issuer's Law Firm: | Jones, Day, Reavis & Pogue |
| Bank's Law Firm: | Smith, Gambrell & Russell |
| Auditor: | Ernst & Young |
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 | 3/27/98 | 3/28/97 | 3/27/98 | ||
| Revenue: | $16.33 | $6.42 | $3.48 | Assets: | $11.53 |
| Net Income: | $1.33 | $0.53 | $0.36 | Curr Assets: | $2.16 |
| EPS: | $0.27 | $0.11 | $0.07 | Liabilities: | $7.04 |
| Prior EPS: | $0.21 | Curr Liab: | $1.90 | ||
| Cash Flow/Oper: | $3.01 | $0.82 | $0.65 | Equity: | $4.49 |
| Cash Flow/Fin: | -$0.33 | -$0.06 | -$0.76 | Cash: | $0.86 |
| Cash Flow/Inv: | -$2.77 | -$0.76 | $0.03 | Working Cap: | $0.25 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness and other general corporate purposes including working capital and possible acquisitions. |