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E-Loan, Inc.
5875 Arnold Road, Suite 100, Dublin, CA 94568 * (925) 241-2400
Business Description The company is a leading online provider of mortgages, offering consumers the ability of obtain the most suitable mortgages from array of lenders at substantial savings.
Offering
Information

Company has
gone public

Trading As  EELN (NASNTL) Industry  Internet (SIC 6162)
Type of Stock Offered  Common Shares Filing Date  03/24/1999
Domestic Shares Offered  3,500,000 Offer Date  06/28/1999
Foreign Shares Offered  0 Filing Range  $12.00 - $14.00
Company Shares  3,495,000 Offer Price  $14.00
Selling Shrhldrs Shares  5,000 Gross Spread  $0.980
Gross Proceeds  $49,000,000 Selling  $0.550
Expenses  - - Reallowance  $0.100
Post-IPO Shares  38,193,900 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Goldman, Sachs & Co. Lead Manager (212) 902-5959
DLJDirect, Inc. Co-manager (800) 825-5723
Donaldson, Lufkin & Jenrette Securities Corp. Co-manager (212) 371-0641
E*Trade Securities Co-manager (650) 842-8600
Hambrecht & Quist Incorporated Co-manager (415) 439-3626
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       12/31/1997 12/31/1998    
Revenues   - - - 1.043 6.832 - -
Income from Oper.   - - - -1.372 -11.345 - -
Net Income   - - - -1.374 -11.172 - -
E.P.S   - - - -0.350 -2.950 - -
Revenue Growth (%)      - - - 555.034   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -52.25 - -
Cash Flow - Inv.     -1.61 - -
Cash Flow - Fin.     58.78 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/1998 Financial Ratios
Total Assets    55.52 Current Assets    52.43 Current Ratio    1.19
Total Liab.    66.71 Current Liab.    44.02 Debt Ratio    120.14%
Total Equity    -11.18 Working Cap.    8.40 Debt to Equity Ratio    -
Cash    9.14    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and general corporate purposes including capital expenditures.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Bank's Law Firm  Venture Law Group
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
Auditor  Pricewaterhouse Coopers LLC
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Last updated: 09/29/1999 3:51:13 AM
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