| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Net2Phone, Inc. |
| 171 Main Street, Hackensack, NJ 07601 * (201) 928-2990 |
| Business Description | The company is a leading provider of voice-enhanced Internet communication services to individuals and businesses worldwide. Our services enable our customers to make low-cost, high-quality phone calls over the Internet using their personal computers or traditional telephones. |
| Offering Information Company has | ||||
| Trading As | NTOP (NASNTL) | Industry | Telecommunications (SIC 4813) | |
| Type of Stock Offered | Common Shares | Filing Date | 05/18/1999 | |
| Domestic Shares Offered | 5,400,000 | Offer Date | 07/28/1999 | |
| Foreign Shares Offered | 0 | Filing Range | $12.00 - $14.00 | |
| Company Shares | 5,400,000 | Offer Price | $15.00 | |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.050 | |
| Gross Proceeds | $81,000,000 | Selling | $0.600 | |
| Expenses | - - | Reallowance | $0.100 | |
| Post-IPO Shares | 10,944,400 | Employees | - - | |
| Spun out from: | IDT | |||
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Hambrecht & Quist Incorporated | Lead Manager | (415) 439-3626 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-4850 |
| Deutsch Banc Alex. Brown | Co-manager | (410) 727-1700 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 6 Months Ending | ||||||
| Figures in U.S. millions except per share data | 07/31/1996 | 07/31/1997 | 07/31/1998 | 01/31/1998 | 01/31/1999 | ||
| Revenues | - | - | 0.000 | 2.652 | 12.006 | 5.015 | 13.166 |
| Income from Oper. | - | - | -0.508 | -1.698 | -3.543 | 0.896 | -2.076 |
| Net Income | - | - | -0.508 | -1.698 | -3.545 | 0.896 | -2.076 |
| E.P.S | - | - | -0.020 | -0.050 | -0.110 | 0.030 | -0.070 |
| Revenue Growth (%) | - | - | - | 352.662 | 162.53 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | 17.87 |
| Net Profit Margin (%) | - | - | - | - | - | - | 17.87 |
| Cash Flow - Oper. | -3.71 | 0.35 | 0.43 | ||||
| Cash Flow - Inv. | -5.24 | -1.55 | -2.48 | ||||
| Cash Flow - Fin. | 8.95 | 1.21 | 2.05 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 01/31/1999 | Financial Ratios | ||||
| Total Assets | 12.45 | Current Assets | 0.20 | Current Ratio | 0.01 |
| Total Liab. | 20.17 | Current Liab. | 20.17 | Debt Ratio | 162.07% |
| Total Equity | -7.73 | Working Cap. | -19.97 | Debt to Equity Ratio | - |
| Cash | 0.01 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used to repay a portion of a note outstanding to IDT, for the development of strategic Internet relationships, for advertising and promotion, for research and development, for upgrading and expanding our network and for general corporate purposes including working capital. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Morrison & Foerster |
| Bank's Law Firm | Brobeck, Phleger & Harrison |
| Registrar/Transfer Agent | American Stock Transfer & Trust Co |
| Auditor | Ernst & Young |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |