| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Student Advantage, Inc. |
| 280 Summer Street, Boston, MA 02210 * (617) 912-2011 |
| Business Description | The company is dedicated to serving the needs of college students through their leading membership program and studentadvantage.com web site. Membership in Student Advantage provides students with discounts on products and services offered by over 40 national partners, including Amtrak, AT&T;, Foot Locker, Greyhound, Staples and Tower Records and over 12,000 local partners in 115 local markets. |
| Offering Information Company has | |||
| Trading As | STAD (NASNTL) | Industry | Service (SIC 8699) |
| Type of Stock Offered | Common Shares | Filing Date | 04/07/1999 |
| Domestic Shares Offered | 6,000,000 | Offer Date | 06/17/1999 |
| Foreign Shares Offered | 0 | Filing Range | $10.00 - $12.00 |
| Company Shares | 6,000,000 | Offer Price | $8.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.560 |
| Gross Proceeds | $48,000,000 | Selling | $0.340 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 30,497,100 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| BancBoston Robertson Stephens | Lead Manager | (415) 989-8500 |
| Prudential Securities Incorporated | Co-manager | (212) 778-5420 |
| Volpe Brown Whelan & Company | Co-manager | (415) 274-4463 |
| Wit Capital Corporation | Co-manager | (212) 253-4400 |
| 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 | 12/31/1994 | 12/31/1995 | 12/31/1996 | 12/31/1997 | 12/31/1998 | ||
| Revenues | 0.155 | 0.448 | 1.730 | 3.792 | 17.443 | - | - |
| Income from Oper. | - | - | - | - | - | - | - |
| Net Income | -0.075 | 0.036 | -0.657 | -3.152 | -5.115 | - | - |
| E.P.S | -0.010 | 0.000 | -0.050 | -0.210 | -0.320 | - | - |
| Revenue Growth (%) | 189.03 | 286.16 | 119.19 | 359.995 | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | 8.04 | - | - | - | - | - |
| Cash Flow - Oper. | -2.70 | - | - | ||||
| Cash Flow - Inv. | -1.69 | - | - | ||||
| Cash Flow - Fin. | 7.54 | - | - | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 12/31/1998 | Financial Ratios | ||||
| Total Assets | 9.93 | Current Assets | 8.23 | Current Ratio | 0.79 |
| Total Liab. | 20.68 | Current Liab. | 10.48 | Debt Ratio | 208.12% |
| Total Equity | -10.74 | Working Cap. | -2.25 | Debt to Equity Ratio | - |
| Cash | 5.05 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used to fund continued growth and expansion of its business, capital expenditures, product development, potential acquisitions and other general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Hale and Dorr |
| Bank's Law Firm | Testa, Hurwitz & Thibeault |
| Registrar/Transfer Agent | BankBoston |
| Auditor | Pricewaterhouse Coopers LLC |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |