IPO Company Profile © ipodata.com
Message Board  |   SEC Filings  |   Peer IPO Companies   |  Company's Home Page
CompGeeks, Inc.
2370 Oak Ridge Way, Vista, CA 92083 * (760) 734-3681
Business Description The company is a leading Internet wholesale supplier and discount retailer of computers and peripherals to businesses, resellers and consumers.
Filing
Information

IPO has been
withdrawn

To Trade As  CGKS (NASNTL) Industry  Retail (SIC 5734)
Type of Stock Offered Common Shares Filing Date  5/28/99
Domestic Shares Filed 5,000,000 Filing Range  $9.00 - $11.00
Foreign Shares Filed  0 Offering Amount  $50,000,000
Company Shares  5,000,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Employees  56
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
First Union Capital Markets Corp. Lead Manager (804) 649-2311
C.E. Unterberg, Towbin Co-manager (212) 572-8060
Everen Securities, Inc. Co-manager (312) 574-6859
George K. Baum & Company Co-manager (816) 283-5332
ING Baring Furman Selz Co-manager (212) 309-8200
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     12/31/96 12/31/97 12/31/98 3/31/98 3/31/99
Revenues   - - 15.772 26.917 49.514 10.307 17.640
Income from Oper.   - - 1.625 2.621 4.918 1.315 1.605
Net Income   - - 1.587 2.583 4.922 1.300 1.563
E.P.S   - - - - 0.170 - 0.050
Revenue Growth (%)      - - 70.66 83.951   71.15
Net Income Growth (%)      - - 62.76 90.55   20.23
Oper. Profit Margin (%)    - - 10.30 9.74 9.93 9.10 12.76
Net Profit Margin (%)    - - 10.06 9.60 9.94 8.86 12.61
Cash Flow - Oper.     2.27 -0.75 -1.03
Cash Flow - Inv.     -0.16 -0.05 -0.06
Cash Flow - Fin.     -2.15 0.31 1.01
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 3/31/99 Financial Ratios
Total Assets    9.76 Current Assets    9.42 Current Ratio    2.35
Total Liab.    4.01 Current Liab.    4.01 Debt Ratio    41.09%
Total Equity    5.75 Working Cap.    5.41 Debt to Equity Ratio    0.70
Cash    0.88    Return on Assets   16.02%
Use Of
Proceeds
The proceeds from the proposed offering will be used to pay outstanding debt obligations to banks and our founders, to distribute additional retained earnings through the closing of this offering in excess of $500,000 to our founders, to increase our merchandise inventory, to increase our sales and marketing efforts and for other general corporate uses.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Brobeck, Phleger & Harrison
Bank's Law Firm  Morrison & Foerster
Auditor  KPMG LLC
Send us feedback if you would like to request that we hyperlink a firm on this page

Last updated: 12/26/99 7:28:35 PM
© 1999 IPO Data Systems, Inc. - All rights reserved.