| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Pacific Softworks, Inc. |
| 703 Rancho Conejo Boulevard, Newbury Park, CA 91320 * (805) 499-7722 |
| Business Description | The company develops and licenses Internet and Web related software and software development tools. The products enable Internet and Web based communications, based on a set of rules known as protocols, and are embedded into systems and information appliances developed or manufactured by others. |
| Offering Information Company has | |||
| Trading As | PASW (NASSCM) | Industry | High-Tech (SIC 7372) |
| Type of Stock Offered | Common Shares | Filing Date | 03/26/1999 |
| Domestic Shares Offered | 950,000 | Offer Date | 07/29/1999 |
| Foreign Shares Offered | 0 | Filing Range | $5.00 - $5.50 |
| Company Shares | 950,000 | Offer Price | $5.25 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.525 |
| Gross Proceeds | $4,987,500 | Selling | - - |
| Expenses | - - | Reallowance | - - |
| Post-IPO Shares | 4,250,000 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Spencer Edwards & Company | Lead Manager | (800) 288-8448 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | - - Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/1996 | 12/31/1997 | 12/31/1998 | ||||
| Revenues | - | - | 3.688 | 3.310 | 2.787 | - | - |
| Income from Oper. | - | - | - | -0.129 | -0.474 | - | - |
| Net Income | - | - | 0.393 | -0.129 | -0.474 | - | - |
| E.P.S | - | - | 0.120 | -0.040 | -0.140 | - | - |
| Revenue Growth (%) | - | - | -10.25 | -15.801 | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | 10.66 | - | - | - | - |
| Cash Flow - Oper. | -0.42 | - | - | ||||
| Cash Flow - Inv. | -0.07 | - | - | ||||
| Cash Flow - Fin. | 0.09 | - | - | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 12/31/1998 | Financial Ratios | ||||
| Total Assets | 0.64 | Current Assets | 0.55 | Current Ratio | 1.68 |
| Total Liab. | 0.44 | Current Liab. | 0.33 | Debt Ratio | 67.81% |
| Total Equity | 0.21 | Working Cap. | 0.22 | Debt to Equity Ratio | 2.11 |
| Cash | 0.22 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used to gire more engineering, marketing and support personnel and for working capital. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Resch Polster Alpert and Berger |
| Bank's Law Firm | Berliner Zisser Walter & Gallegos |
| Registrar/Transfer Agent | American Securities Transfer and Trust |
| Auditor | Merdinger, Fruchter, Rosen & Corso, P.C. |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |
| Warrant Information | |||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||