| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| Tut Systems, Inc. |
| 2495 Estand Way, Pleasant Hills, CA 94523 * (925) 682-6510 |
| Business Description | The company designs, develops, markets communications products to facilitate high speed data access over the older copper infrastructure of both telephone companies and telephone wires leading to homes, businesses and other buildings. |
| Offering Information Company has | |||
| Trading As | TUTS (NASNTL) | Industry | Telecommunications (SIC 3661) |
| Type of Stock Offered | Common Shares | Filing Date | 07/31/1998 |
| Domestic Shares Offered | 2,500,000 | Offer Date | 01/28/1999 |
| Foreign Shares Offered | 0 | Filing Range | $14.00 - $16.00 |
| Company Shares | 2,500,000 | Offer Price | $18.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.260 |
| Gross Proceeds | $45,000,000 | Selling | $0.750 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 10,175,742 | Employees | 86 |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Lehman Brothers Incorporated | Lead Manager | (212) 526-8100 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-4850 |
| Dain Rauscher Wessels | Co-manager | (612) 371-2818 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 6 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/1995 | 12/31/1996 | 12/31/1997 | 06/30/1997 | 06/30/1998 | ||
| Revenues | - | - | 3.445 | 4.454 | 6.221 | 2.536 | 4.513 |
| Income from Oper. | - | - | -3.443 | -4.607 | -9.351 | -3.467 | -7.011 |
| Net Income | - | - | -3.390 | -4.427 | -9.157 | -3.311 | -8.063 |
| E.P.S | - | - | - | - | -1.250 | - | -0.890 |
| Revenue Growth (%) | - | - | 29.29 | 39.672 | 77.96 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -9.14 | -3.83 | -6.82 | ||||
| Cash Flow - Inv. | 1.83 | 3.32 | 1.46 | ||||
| Cash Flow - Fin. | 11.29 | 0.48 | 3.76 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 06/30/1998 | Financial Ratios | ||||
| Total Assets | 13.89 | Current Assets | 11.99 | Current Ratio | 4.70 |
| Total Liab. | 3.56 | Current Liab. | 2.55 | Debt Ratio | 25.61% |
| Total Equity | 10.34 | Working Cap. | 9.44 | Debt to Equity Ratio | 0.34 |
| Cash | 6.79 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes including working capital and capital expenditures, research and development, and to attract key personnel. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Wilson, Sonsini, Goodrich & Rosati |
| Bank's Law Firm | Cooley Godward Castro Huddleson & Tatum |
| Registrar/Transfer Agent | American Stock Transfer & Trust Co |
| Auditor | Pricewaterhouse Coopers LLC |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |