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WebValley, Inc.
1011 First Street South, Suite 203, Hopkins, MN 55343 * (612) 939-2500
Business Description The company is one of the largest providers of web site design and hosting services to small businesses in the United States, as measured by number of sites designed and hosted.
Filing
Information

IPO has been
withdrawn

To Trade As  WEBV (NASNTL) Industry  Internet (SIC 7311)
Type of Stock Offered Common Shares Filing Date  04/08/1999
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $30,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
John G. Kinnard Lead Manager (612) 370-2844
Kaufman Brothers L.P. Co-manager (212) 292-4200
Pacific Crest Securities Inc. Co-manager (503) 790-0293
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   - - 0.237 2.361 6.544 - -
Income from Oper.   - - -0.147 0.058 0.780 - -
Net Income   - - -0.159 0.018 0.724 - -
E.P.S   - - -0.030 - 0.050 - -
Revenue Growth (%)      - - 898.01 177.234   -
Net Income Growth (%)      - - - 3,932.64   -
Oper. Profit Margin (%)    - - - 2.45 11.93 - -
Net Profit Margin (%)    - - - 0.76 11.06 - -
Cash Flow - Oper.     0.51 - -
Cash Flow - Inv.     -0.61 - -
Cash Flow - Fin.     0.27 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/1998 Financial Ratios
Total Assets    1.85 Current Assets    1.25 Current Ratio    5.14
Total Liab.    1.00 Current Liab.    0.24 Debt Ratio    54.10%
Total Equity    0.85 Working Cap.    1.00 Debt to Equity Ratio    1.18
Cash    0.18    Return on Assets   39.14%
Use Of
Proceeds
The proceeds from the proposed offering will be used for capital expenditures, working capital, repayment of debt and other general corporate purposes including acquisitions.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Gray, Plant, Mooty, Mooty & Bennett
Bank's Law Firm  Fredrikson & Byron
Registrar/Transfer Agent  Norwest Bank of Minnesota
Auditor  Ernst & Young
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Last updated: 09/29/1999 3:52:41 AM
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