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Silknet Software, Inc.
50 Phillippe Cote Street, Manchester, NH 03101 * (603) 625-0070
Business Description The company provides software that allows companies to offer personalized marketing, sales, electronic commerce and customer support services through a single, company-tailored Web site interface.
Offering
Information

Company has
gone public

Trading As  SILK (NASNTL) Industry  High-Tech (SIC 7372)
Type of Stock Offered  Common Shares Filing Date  03/03/1999
Domestic Shares Offered  3,000,000 Offer Date  05/05/1999
Foreign Shares Offered  0 Filing Range  $13.00 - $15.00
Company Shares  3,000,000 Offer Price  $15.00
Selling Shrhldrs Shares  0 Gross Spread  - -
Gross Proceeds  $45,000,000 Selling  - -
Expenses  - - Reallowance  - -
Post-IPO Shares  14,998,099 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
CS First Boston Lead Manager (212) 325-2000
BancBoston Robertson Stephens Co-manager (415) 989-8500
First Union Capital Markets Corp. Co-manager (804) 649-2311
Nationsbanc Montgomery Securities, Inc. Co-manager (415) 627-2100
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     06/30/1996 06/30/1997 06/30/1998 12/31/1997 12/31/1998
Revenues   - - 0.266 0.194 3.647 0.636 5.544
Income from Oper.   - - -0.458 -2.692 -6.137 -3.195 -3.959
Net Income   - - -0.465 -2.753 -6.003 -3.181 -3.809
E.P.S   - - -0.180 -1.150 -2.690 -1.240 -1.760
Revenue Growth (%)      - - -27.07 1,779.897   771.70
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -5.72 -3.08 -3.83
Cash Flow - Inv.     -1.03 -0.22 -0.58
Cash Flow - Fin.     11.04 0.21 0.06
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/1998 Financial Ratios
Total Assets    10.60 Current Assets    9.07 Current Ratio    1.98
Total Liab.    4.75 Current Liab.    4.59 Debt Ratio    44.77%
Total Equity    5.85 Working Cap.    4.48 Debt to Equity Ratio    0.81
Cash    4.59    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes including working capital.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Testa, Hurwitz & Thibeault
Bank's Law Firm  Hale and Dorr
Auditor  Pricewaterhouse Coopers LLC
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Last updated: 09/29/1999 3:52:23 AM
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