IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies   |  Company's Home Page
iTurf Inc.
435 Hudson Street, New York, NY 10014 * (212) 741-7785
Business Description The company is a leading provider of Internet community and e-commerce services focused primarily on Generation Y. Generation Y is comprised of 56 million people between the ages of 10 and 24.
Offering
Information

Company has
gone public

Trading As  TURF (NASNTL) Industry  Internet (SIC 5961)
Type of Stock Offered  Common Shares Filing Date  01/25/1999
Domestic Shares Offered  4,200,000 Offer Date  04/08/1999
Foreign Shares Offered  0 Filing Range  $21.00 - $22.00
Company Shares  4,200,000 Offer Price  $22.00
Selling Shrhldrs Shares  0 Gross Spread  $1.540
Gross Proceeds  $92,400,000 Selling  $0.920
Expenses  - - Reallowance  $0.100
Post-IPO Shares  16,701,136 Employees  - -
Spun out from dELIA's Inc.
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
BT Alex Brown Lead Manager (410) 727-1700
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     01/31/1996 01/31/1997 01/31/1998 10/31/1997 10/31/1998
Revenues   - - 0.006 0.013 0.134 0.086 1.893
Income from Oper.   - - -0.002 -0.007 -0.049 -0.001 0.119
Net Income   - - -0.001 -0.004 -0.040 -0.001 0.052
E.P.S   - - - - - - -
Revenue Growth (%)      - - 116.67 930.769   2,101.16
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - 6.29 -
Net Profit Margin (%)    - - - - - 2.75 -
Cash Flow - Oper.     -0.03 - 0.31
Cash Flow - Inv.     -0.22 - -0.20
Cash Flow - Fin.     0.28 - -0.10
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 10/31/1998 Financial Ratios
Total Assets    0.64 Current Assets    0.06 Current Ratio    0.09
Total Liab.    0.63 Current Liab.    0.63 Debt Ratio    98.91%
Total Equity    0.01 Working Cap.    -0.57 Debt to Equity Ratio    90.43
Cash    0.04    Return on Assets   8.13%
Use Of
Proceeds
The proceeds from the proposed offering will be used for marketing activities, capital expenditures, purchase of common stock of their parent and other general corporate purposes including working capital.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Proskauer Rose Goetz & Mendelsohn
Bank's Law Firm  Reboul MacMurray Hewitt Maynard & Kristol
Registrar/Transfer Agent  Bank of New York
Auditor  Ernst & Young
Send us feedback if you would like to request that we hyperlink a firm on this page

Last updated: 09/29/1999 3:51:37 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.