| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| Vignette Corp. |
| 3410 Far West Boulevard, Suite 300, Austin, TX 78731 * (512) 502-0223 |
| Business Description | Vignette is a leading provider of Internet Relationship Management ("IRM") software products and services. |
| Offering Information Company has | |||
| Trading As | VIGN (NASNTL) | Industry | Internet (SIC 7372) |
| Type of Stock Offered | Common Shares | Filing Date | 12/3/98 |
| Domestic Shares Offered | 4,000,000 | Offer Date | 2/18/99 |
| Foreign Shares Offered | 0 | Filing Range | $15.00 - $17.00 |
| Company Shares | 4,000,000 | Offer Price | $19.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.330 |
| Gross Proceeds | $76,000,000 | Selling | $0.820 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | - - | Employees | 219 |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Morgan Stanley Dean Witter Discover & Co. | Lead Manager | (212) 761-5900 |
| Dain Rauscher Wessels | Co-manager | (612) 371-2818 |
| Hambrecht & Quist Incorporated | Co-manager | (415) 439-3626 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 9 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/96 | 12/31/97 | 9/30/98 | 9/30/98 | |||
| Revenues | - | - | - | 0.000 | 3.024 | 1.716 | 9.511 |
| Income from Oper. | - | - | - | -3.688 | -7.643 | -4.476 | -16.498 |
| Net Income | - | - | - | -3.626 | -7.474 | -4.388 | -16.294 |
| E.P.S | - | - | - | - | -1.190 | - | -1.840 |
| Revenue Growth (%) | - | - | - | - | 454.25 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -4.93 | -3.00 | -9.73 | ||||
| Cash Flow - Inv. | -0.69 | -0.54 | -1.05 | ||||
| Cash Flow - Fin. | 10.63 | 10.27 | 16.32 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 9/30/98 | Financial Ratios | ||||
| Total Assets | 19.45 | Current Assets | 18.35 | Current Ratio | 1.42 |
| Total Liab. | 14.90 | Current Liab. | 12.88 | Debt Ratio | 76.59% |
| Total Equity | 4.55 | Working Cap. | 5.47 | Debt to Equity Ratio | 3.27 |
| Cash | 12.40 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for working capital general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Gunderson Dettmer Stough Villeneuve Franklin |
| Bank's Law Firm | Davis, Polk & Wardwell |
| Registrar/Transfer Agent | ChaseMellon Shareholder Services, L.L.C. |
| Auditor | Ernst & Young |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |
| Industry Competition |
The Internet software market is intensely competitive. Our clients' requirements and the technology available to satisfy those requirements continually change. We expect competition to persist and intensify in the future. Our principal competitors include: in-house development efforts by potential clients or partners; other vendors of software that directly address elements of Internet Relationship Management, such as BroadVision; and developers of software that address only certain technology components of IRM (e.g., content management), such as Inso Corporation. Many of these companies, as well as some other competitors, have longer operating histories and significantly greater financial, technical, marketing and other resources than we do. Many of these companies can also leverage extensive customer bases and adopt aggressive pricing policies to gain market share. Potential competitors such as Netscape and Microsoft may bundle their products in a manner that may discourage users from purchasing our products. In addition, it is possible that new competitors or alliances among competitors may emerge and rapidly acquire significant market share. Competitive pressures may make it difficult for us to acquire and retain clients and may require us to reduce the price of our software. We cannot be certain that we will be able to compete successfully with existing or new competitors. If we fail to compete successfully against current or future competitors, our business, operating results and financial condition would be materially adversely affected. |