IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies
Silverstream Software, Inc.
One Burlington Woods, Suite 200, Burlington, MA 01803 * (781) 238-5400
Business Description The company is a leading global provider of application server software and services that enable businesses and other large organizations to create, deploy and manage software applications for Intranets, extranets and the Internet.
Offering
Information

Company has
gone public

Trading As  SSSW (NASNTL) Industry  High-Tech (SIC 7372)
Type of Stock Offered  Common Shares Filing Date  06/11/1999
Domestic Shares Offered  3,000,000 Offer Date  08/16/1999
Foreign Shares Offered  0 Filing Range  $13.00 - $15.00
Company Shares  3,000,000 Offer Price  $16.00
Selling Shrhldrs Shares  0 Gross Spread  $1.120
Gross Proceeds  $48,000,000 Selling  $0.680
Expenses  - - Reallowance  $0.100
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Morgan Stanley Dean Witter Lead Manager (212) 761-5900
BancBoston Robertson Stephens Co-manager (415) 989-8500
SG Cowen Co-manager (212) 495-6000
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   - - 0.000 0.249 6.808 0.683 3.474
Income from Oper.   - - -1.005 -8.560 -13.360 -3.764 -4.347
Net Income   - - -0.952 -8.335 -12.885 -3.722 -4.307
E.P.S   - - -0.450 -1.710 -2.520 -0.730 -0.830
Revenue Growth (%)      - - - 2,634.137   408.64
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -12.99 -3.82 -3.73
Cash Flow - Inv.     -4.32 -5.42 2.67
Cash Flow - Fin.     1.86 2.23 12.35
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 03/31/1999 Financial Ratios
Total Assets    20.76 Current Assets    18.80 Current Ratio    3.24
Total Liab.    17.69 Current Liab.    5.80 Debt Ratio    85.19%
Total Equity    3.07 Working Cap.    12.99 Debt to Equity Ratio    5.75
Cash    12.45    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes including working capital and capital expenditures.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Hale and Dorr
Bank's Law Firm  Testa, Hurwitz & Thibeault
Registrar/Transfer Agent  BankBoston
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 3:52:24 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.