| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Prestige Cosmetics Corporation |
| 1441 West Newport Center Drive, Deerfield Beach, FL 33442 * (954) 480-9202 |
| The company manufactures, markets and distributes, domestically and internationally, a full line of cosmetic products under its proprietary "Prestige" and "studio Make-Up" brand names, and private label products for cosmetics and retailers. |
| Manager | Tier | Phone |
| Josephthal Lyon & Ross, Inc. | Lead Manager | (212) 907-4545 |
| NASNTL: | PRES | Manufacturing: | SIC 2844 | |
| Type of Shares: | Common Shares | Filing Date: | 6/16/98 | |
| U.S. Shares Filed: | 2,300,000 | Filing Range: | $6.00 - $7.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $14,950,000 | |
| Primary Shares: | 2,300,000 | Expenses: | $625,000 | |
| Secondary Shares: | 0 | Post-IPO Shares: | 10,300,000 | |
| Employees: | 101 |
| Issuer's Law Firm: | Greenberg Traurig Hoffman Lipoff Rosen & Quentel |
| Bank's Law Firm: | Orrick, Herrington & Sutcliffe |
| Registrar/Transfer Agent: | Continental Stock Transfer & Trust Co |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| 6 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 9/30/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $20.25 | $7.38 | $10.82 | Assets: | $8.43 |
| Net Income: | $1.02 | $0.26 | $1.09 | Curr Assets: | $6.28 |
| EPS: | $0.16 | $0.04 | $0.17 | Liabilities: | $6.60 |
| Prior EPS: | $0.01 | Curr Liab: | $6.53 | ||
| Cash Flow/Oper: | -$0.46 | -$0.47 | $0.05 | Equity: | $1.83 |
| Cash Flow/Fin: | $0.97 | $0.61 | $0.12 | Cash: | |
| Cash Flow/Inv: | -$0.51 | -$0.14 | -$0.18 | Working Cap: | -$0.25 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the repayment of indebtedness, including loans from shareholders, upgrade of the company's in-store displays, expansion of advertising, marketing and sales efforts, acquisition of equipment, international expansion, possible acquisitions, working capital and other general corporate purposes. |
| Additional Underwriter Compensation |
| Warrant to purchase 230,000 shares/units at a nominal price. |