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Breakaway Solutions, Inc.
50 Rowes Wharf, Boston, MA 02110 * (617) 960-3400
Business Description The company is a full service provider of e-business solutions that allow growing enterprises to capitalize on the power of the Internet to reach and support customers and markets.
Offering
Information

Company has
gone public

Trading As  BWAY (NASNTL) Industry  Internet (SIC 7389)
Type of Stock Offered  Common Shares Filing Date  7/21/99
Domestic Shares Offered  3,000,000 Offer Date  10/5/99
Foreign Shares Offered  0 Filing Range  $10.00 - $12.00
Company Shares  3,000,000 Offer Price  $14.00
Selling Shrhldrs Shares  0 Gross Spread  $0.980
Gross Proceeds  $42,000,000 Selling  $0.590
Expenses  - - Reallowance  $0.100
Post-IPO Shares  16,865,900 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Morgan Stanley Dean Witter Lead Manager (212) 761-5900
Deutsch Banc Alex. Brown Co-manager (410) 727-1700
Discover Brokerage Direct Co-manager (415) 537-8600
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     12/31/96 12/31/97 12/31/98 3/31/98 3/31/99
Revenues   - - 3.462 6.118 10.018 2.124 3.111
Income from Oper.   - - 0.664 1.016 -0.700 0.153 -0.246
Net Income   - - 0.618 1.074 -0.575 0.157 -0.235
E.P.S   - - 0.070 0.130 -0.070 0.020 -0.050
Revenue Growth (%)      - - 76.72 63.746   46.47
Net Income Growth (%)      - - 73.79 -   -
Oper. Profit Margin (%)    - - 19.18 16.61 - - 7.20
Net Profit Margin (%)    - - 17.85 17.55 - - 7.39
Cash Flow - Oper.     -0.28 -0.56 -1.14
Cash Flow - Inv.     -0.49 -0.10 -0.13
Cash Flow - Fin.     -0.09 -0.01 4.46
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 3/31/99 Financial Ratios
Total Assets    8.44 Current Assets    6.00 Current Ratio    2.61
Total Liab.    2.42 Current Liab.    2.30 Debt Ratio    28.69%
Total Equity    6.02 Working Cap.    3.70 Debt to Equity Ratio    0.40
Cash    3.21    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and general corporate purposes including possible acquisitions.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Hale and Dorr
Bank's Law Firm  Ropes & Gray
Registrar/Transfer Agent  BankBoston
Auditor  KPMG LLC
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Last updated: 10/10/99 3:41:57 PM
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