| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Persistence Software, Inc. |
| 1720 South Amphlett Blvd., Third Floor, San Mateo, CA 94402 * (944) 02-4402 |
| Business Description | The company is a leading provider of transactional application server software products that comprise the Internet software infrastructure for high volume, high performance electronic commerce applications. |
| Offering Information Company has | |||
| Trading As | PRSW (NASNTL) | Industry | High-Tech (SIC 7372) |
| Type of Stock Offered | Common Shares | Filing Date | 04/23/1999 |
| Domestic Shares Offered | 3,000,000 | Offer Date | 06/24/1999 |
| Foreign Shares Offered | 0 | Filing Range | $9.00 - $11.00 |
| Company Shares | 3,000,000 | Offer Price | $11.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.770 |
| Gross Proceeds | $33,000,000 | Selling | $0.460 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 18,447,941 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| BancBoston Robertson Stephens | Lead Manager | (415) 989-8500 |
| SoundView Financial Group, Inc. | Co-manager | (203) 462-7242 |
| U.S. Bancorp Piper Jaffray | Co-manager | (612) 342-6220 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 3 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/1996 | 12/31/1997 | 12/31/1998 | 03/31/1998 | 03/31/1999 | ||
| Revenues | - | - | 3.774 | 5.413 | 10.160 | 1.710 | 2.863 |
| Income from Oper. | - | - | -3.345 | -4.686 | -4.090 | -1.708 | -1.963 |
| Net Income | - | - | -3.311 | -4.674 | -4.089 | -1.704 | -1.915 |
| E.P.S | - | - | -0.540 | -0.730 | -0.590 | -0.250 | -0.270 |
| Revenue Growth (%) | - | - | 43.43 | 87.696 | 67.43 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -2.97 | -1.19 | -1.71 | ||||
| Cash Flow - Inv. | -0.44 | -0.15 | -0.10 | ||||
| Cash Flow - Fin. | 5.73 | 0.53 | 4.25 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 03/31/1999 | Financial Ratios | ||||
| Total Assets | 10.46 | Current Assets | 9.75 | Current Ratio | 2.81 |
| Total Liab. | 4.15 | Current Liab. | 3.46 | Debt Ratio | 39.66% |
| Total Equity | 6.31 | Working Cap. | 6.29 | Debt to Equity Ratio | 0.66 |
| Cash | 7.39 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for working capital and general corporate purposes, funding product development and expanding the sales and marketing organization. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Venture Law Group |
| Bank's Law Firm | Brobeck, Phleger & Harrison |
| Registrar/Transfer Agent | U. S. Stock Transfer Corporation |
| Auditor | Deloitte & Touche |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |