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Mortgage.com, Inc.
8751 Broward Boulevard, Fifth Floor, Plantation, FL 33324 * (954) 452-0000
Business Description The company is a leading provider of online mortgage services to consumers and businesses. We have developed state-of-the-art technology called CLOser that leverages the Internet to offer origination, processing, underwriting, closing and secondary marketing of mortgage loans.
Offering
Information

Company has
gone public

Trading As  MDCM (NASNTL) Industry  Internet (SIC 6162)
Type of Stock Offered  Common Shares Filing Date  06/01/1999
Domestic Shares Offered  7,062,500 Offer Date  08/10/1999
Foreign Shares Offered  0 Filing Price  $8.00
Company Shares  7,062,500 Offer Price  $8.00
Selling Shrhldrs Shares  0 Gross Spread  $0.560
Gross Proceeds  $56,500,000 Selling  $0.340
Expenses  - - Reallowance  $0.100
Post-IPO Shares  41,570,300 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
CS First Boston Lead Manager (212) 325-2000
Deutsch Banc Alex. Brown Co-manager (410) 727-1700
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   - - 7.516 16.474 35.691 6.819 13.216
Income from Oper.   - - - - - - -
Net Income   - - -4.018 -3.532 -6.078 -0.370 -3.199
E.P.S   - - -3.920 -3.850 -7.170 -0.630 -3.050
Revenue Growth (%)      - - 119.19 116.650   93.81
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -17.87 6.13 6.60
Cash Flow - Inv.     -0.37 -1.59 -0.33
Cash Flow - Fin.     20.02 -1.70 -6.95
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 03/31/1999 Financial Ratios
Total Assets    188.81 Current Assets    - Current Ratio    -
Total Liab.    177.81 Current Liab.    - Debt Ratio    94.18%
Total Equity    10.99 Working Cap.    6.14 Debt to Equity Ratio    16.17
Cash    6.25    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and other general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Foley & Lardner
Bank's Law Firm  Testa, Hurwitz & Thibeault
Auditor  KPMG LLC
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Last updated: 09/29/1999 3:51:51 AM
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