| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| DSL.net, Inc. |
| 545 Long Wharf Drive, New Haven, CT 06511 * (203) 772-1000 |
| Business Description | The company provides high speed data communications and Internet access services utilizing digital subscriber line, or DSL, technology to small and medium sized businesses. |
| Offering Information Company has | |||
| Trading As | DSLN (NASNTL) | Industry | Telecommunications (SIC 4813) |
| Type of Stock Offered | Common Shares | Filing Date | 6/7/99 |
| Domestic Shares Offered | 7,200,000 | Offer Date | 10/5/99 |
| Foreign Shares Offered | 0 | Filing Range | $8.00 - $10.00 |
| Company Shares | 7,200,000 | Offer Price | $7.50 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.525 |
| Gross Proceeds | $54,000,000 | Selling | $0.300 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 59,639,600 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 371-0641 |
| Deutsch Banc Alex. Brown | Co-manager | (410) 727-1700 |
| DLJDirect, Inc. | Co-manager | (800) 825-5723 |
| Lehman Brothers Incorporated | Co-manager | (212) 526-8100 |
| 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 | 12/31/98 | 3/31/99 | |||||
| Revenues | - | - | - | - | 0.032 | - | 0.048 |
| Income from Oper. | - | - | - | - | -2.785 | - | -1.693 |
| Net Income | - | - | - | - | -2.790 | - | -1.687 |
| E.P.S | - | - | - | - | -0.730 | - | -0.240 |
| Revenue Growth (%) | - | - | - | - | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -0.15 | - | -0.54 | ||||
| Cash Flow - Inv. | -0.29 | - | -1.51 | ||||
| Cash Flow - Fin. | 0.48 | - | 3.33 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 3/31/99 | Financial Ratios | ||||
| Total Assets | 3.55 | Current Assets | 1.34 | Current Ratio | 1.49 |
| Total Liab. | 0.96 | Current Liab. | 0.90 | Debt Ratio | 27.10% |
| Total Equity | 2.59 | Working Cap. | 0.44 | Debt to Equity Ratio | 0.37 |
| Cash | 1.32 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used to continue building our network and for working capital and other general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Testa, Hurwitz & Thibeault |
| Bank's Law Firm | Brobeck, Phleger & Harrison |
| Auditor | Pricewaterhouse Coopers LLC |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |