| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| U.S. Laboratories, Inc. |
| 7895 Convoy Court, Suite 18, San Diego, CA 92111 * (619) 715-5800 |
| Business Description | The company is an engineering services holding company that offers engineering and design services, project management, construction quality control, geotechnical engineering, structural engineering and design, environmental engineering and inspection and testing. |
| Offering Information Company has | |||
| Trading As | USLB (NASSCM) | Industry | Service (SIC 8734) |
| Type of Stock Offered | Common Shares | Filing Date | 10/27/1998 |
| Domestic Shares Offered | 1,000,000 | Offer Date | 02/23/1999 |
| Foreign Shares Offered | 0 | Filing Price | $5.00 |
| Company Shares | 1,000,000 | Offer Price | $6.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.600 |
| Gross Proceeds | $6,000,000 | Selling | $0.300 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 3,815,000 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Janda Phillips | Lead Manager | (619) 525-1718 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 7 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/1996 | 12/31/1997 | 07/31/1997 | 07/31/1998 | |||
| Revenues | - | - | - | 4.963 | 7.766 | 4.050 | 6.256 |
| Income from Oper. | - | - | - | 0.475 | 0.758 | 0.246 | 0.595 |
| Net Income | - | - | - | 0.153 | 0.364 | 0.151 | 0.313 |
| E.P.S | - | - | - | 0.060 | 0.140 | 0.060 | 0.120 |
| Revenue Growth (%) | - | - | - | 56.483 | 54.49 | ||
| Net Income Growth (%) | - | - | - | 138.46 | 107.00 | ||
| Oper. Profit Margin (%) | - | - | - | 9.56 | 9.76 | 9.50 | 6.06 |
| Net Profit Margin (%) | - | - | - | 3.08 | 4.69 | 5.01 | 3.74 |
| Cash Flow - Oper. | 0.27 | 0.12 | 0.26 | ||||
| Cash Flow - Inv. | -0.05 | -0.06 | -0.51 | ||||
| Cash Flow - Fin. | -0.12 | 0.00 | 0.20 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 07/31/1998 | Financial Ratios | ||||
| Total Assets | 5.70 | Current Assets | 3.07 | Current Ratio | 1.15 |
| Total Liab. | 4.13 | Current Liab. | 2.66 | Debt Ratio | 72.38% |
| Total Equity | 1.57 | Working Cap. | 0.41 | Debt to Equity Ratio | 2.62 |
| Cash | 0.04 | Return on Assets | 5.49% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for repayment of credit, current and long-term portions of notes payable, acquisitions and working capital. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Foley & Lardner |
| Bank's Law Firm | Stocker, David B. Esq. |
| Auditor | Singer, Lewak, Greenbaum & Goldstein |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |
| Warrant Information | |||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||