IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies
MP3.com, Inc.
10350 Science Center Drive, Building 14, San Diego, CA 92121 * (619) 320-2120
Business Description The company is pioneering a revolutionary approach to the promotion and distribution of music. The company uses the Internet and data compression technologies to enable a growing number of artists to broadly distribute and promote their music and to enable consumers to conveniently access this expanding music catalog.
Offering
Information

Company has
gone public

Trading As  MPPP (NASNTL) Industry  Manufacturing (SIC 3652)
Type of Stock Offered  Common Shares Filing Date  05/14/1999
Domestic Shares Offered  12,300,000 Offer Date  07/20/1999
Foreign Shares Offered  0 Filing Range  $24.00 - $26.00
Company Shares  12,300,000 Offer Price  $28.00
Selling Shrhldrs Shares  0 Gross Spread  $1.960
Gross Proceeds  $344,400,000 Selling  $1.180
Expenses  - - Reallowance  $0.100
Post-IPO Shares  65,724,900 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
CS First Boston Lead Manager (212) 325-2000
BancBoston Robertson Stephens Co-manager (415) 989-8500
Charles Schwab & Co. Inc. Co-manager (415) 627-7000
Hambrecht & Quist Incorporated Co-manager (415) 439-3626
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         12/31/1998   03/31/1999
Revenues   - - - - 1.162 - 0.666
Income from Oper.   - - - - -0.220 - -1.478
Net Income   - - - - -0.358 - -1.405
E.P.S   - - - - -0.010 - -0.050
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     0.16 - -0.44
Cash Flow - Inv.     0.04 - -1.18
Cash Flow - Fin.     -0.09 - 10.91
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 03/31/1999 Financial Ratios
Total Assets    11.25 Current Assets    10.03 Current Ratio    11.37
Total Liab.    0.89 Current Liab.    0.88 Debt Ratio    7.88%
Total Equity    10.36 Working Cap.    9.15 Debt to Equity Ratio    0.09
Cash    9.33    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes including working capital and potential acquisitions.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Cooley Godward Castro Huddleson & Tatum
Bank's Law Firm  O'Melveny & Meyers
Auditor  Ernst & Young
Send us feedback if you would like to request that we hyperlink a firm on this page

Last updated: 09/29/1999 3:51:51 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.