| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Talk City, Inc. |
| 307 Orchard City Drive, Suite 350, Campbell, CA 95008 * (408) 871-5200 |
| Business Description | The company is a leading Internet provider of high quality online communities and interactive services for businesses and consumers. |
| Offering Information Company has | |||
| Trading As | TCTY (NASNTL) | Industry | Internet (SIC 7375) |
| Type of Stock Offered | Common Shares | Filing Date | 04/30/1999 |
| Domestic Shares Offered | 5,000,000 | Offer Date | 07/20/1999 |
| Foreign Shares Offered | 0 | Filing Range | $10.00 - $12.00 |
| Company Shares | 5,000,000 | Offer Price | $12.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.840 |
| Gross Proceeds | $60,000,000 | Selling | $0.490 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 23,675,763 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Lehman Brothers Incorporated | Lead Manager | (212) 526-8100 |
| U.S. Bancorp Piper Jaffray | Co-manager | (612) 342-6220 |
| Volpe Brown Whelan & Company | Co-manager | (415) 274-4463 |
| 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 | - | - | 0.014 | 0.208 | 1.453 | 0.125 | 0.980 |
| Income from Oper. | - | - | -1.344 | -6.730 | -15.292 | -2.901 | -7.053 |
| Net Income | - | - | -1.316 | -6.429 | -16.217 | -2.911 | -6.971 |
| E.P.S | - | - | -0.490 | -2.100 | -4.920 | -0.870 | -1.900 |
| Revenue Growth (%) | - | - | 1,385.71 | 598.558 | 684.00 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -10.97 | -1.71 | -4.65 | ||||
| Cash Flow - Inv. | -6.56 | -0.22 | -0.54 | ||||
| Cash Flow - Fin. | 24.17 | - | -0.03 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 03/31/1999 | Financial Ratios | ||||
| Total Assets | 14.57 | Current Assets | 10.48 | Current Ratio | 3.86 |
| Total Liab. | 2.95 | Current Liab. | 2.72 | Debt Ratio | 20.26% |
| Total Equity | 11.62 | Working Cap. | 7.77 | Debt to Equity Ratio | 0.25 |
| Cash | 9.22 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes, principally brand promotion, expansion of sales and marketing operations and partner and moderator networks. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Wilson, Sonsini, Goodrich & Rosati |
| Bank's Law Firm | Cooley Godward Castro Huddleson & Tatum |
| Registrar/Transfer Agent | Firstar Bank Milwaukee, N.A. |
| Auditor | KPMG LLC |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |