| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Tumbleweed, Inc. |
| 1900 Mellwood Avenue, Louisville, KY 40206 * (502) 893-0323 |
| The company owns, franchises or licenses 37 Tumbleweed Southwest Mesquite Grill & Bar restaurants. The company owns and operates 22 Tumbleweed restaurants in Kentucky, Indiana and Ohio. |
| Manager | Tier | Phone |
| Non Underwritten Offering | Lead Manager |
| OTC: | TUWD | Retail: | SIC 5812 | |
| Type of Shares: | Common Shares | Filing Date: | 6/29/98 | |
| U.S. Shares Filed: | 1,200,000 | Filing Price: | $10.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $12,000,000 | |
| Primary Shares: | 1,200,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | ||
| Employees: | 2100 |
| Issuer's Law Firm: | Brown Todd & Heyburn |
| Registrar/Transfer Agent: | National City Bank |
| 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 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $29.83 | $8.91 | $7.11 | Assets: | $27.78 |
| Net Income: | $1.10 | $0.22 | $0.15 | Curr Assets: | |
| EPS: | $0.21 | $0.04 | $0.03 | Liabilities: | $12.35 |
| Prior EPS: | Curr Liab: | ||||
| Cash Flow/Oper: | $3.03 | $0.21 | $0.36 | Equity: | $15.43 |
| Cash Flow/Fin: | $1.16 | $1.18 | $0.25 | Cash: | |
| Cash Flow/Inv: | -$4.00 | -$2.18 | |||
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness, to finance the development of additional restaurants, to fund working capital needs, and for general corporate purposes. |