| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies | Company's Home Page |
| HealthExtras, Inc. |
| 2275 Research Boulevard, Seventh Floor, Rockville, MD 20850 * (301) 548-2900 |
| Business Description | The company intends to be the leading Internet based provider of supplemental health and disability benefit programs. |
| Offering Information Company has | |||
| Trading As | HLEX (NASNTL) | Industry | Service (SIC 8999) |
| Type of Stock Offered | Common Shares | Filing Date | 7/26/99 |
| Domestic Shares Offered | 5,500,000 | Offer Date | 12/14/99 |
| Foreign Shares Offered | 0 | Filing Range | $10.00 - $12.00 |
| Company Shares | 5,500,000 | Offer Price | $11.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $0.770 |
| Gross Proceeds | $60,500,000 | Selling | $0.450 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 27,600,000 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Warburg Dillon Read LLC | Lead Manager | (203) 719-4290 |
| Prudential Securities Incorporated | Co-manager | (212) 778-5420 |
| SG Cowen | Co-manager | (212) 495-6000 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 6 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/96 | 12/31/97 | 12/31/98 | 6/30/98 | 6/30/99 | ||
| Revenues | - | - | 0.000 | 0.000 | 0.000 | 0.000 | 1.021 |
| Income from Oper. | - | - | -0.956 | -7.461 | -6.303 | -4.738 | -2.719 |
| Net Income | - | - | -0.960 | -6.945 | -6.175 | -4.631 | -2.784 |
| E.P.S | - | - | -0.040 | -0.260 | -0.230 | -0.170 | -0.100 |
| Revenue Growth (%) | - | - | - | - | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -6.28 | -2.16 | -1.35 | ||||
| Cash Flow - Inv. | -1.04 | -0.29 | 0.70 | ||||
| Cash Flow - Fin. | -2.11 | -6.04 | 5.65 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 6/30/99 | Financial Ratios | ||||
| Total Assets | 6.51 | Current Assets | - | Current Ratio | - |
| Total Liab. | 6.60 | Current Liab. | 6.60 | Debt Ratio | 101.41% |
| Total Equity | -0.09 | Working Cap. | - | Debt to Equity Ratio | - |
| Cash | 5.22 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes including selling, marketing and brand promotion expenditures, repayment of debt and working capital purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Muldoon, Murphy & Faucette |
| Bank's Law Firm | Dewey Ballantine |
| Registrar/Transfer Agent | American Stock Transfer & Trust Co |
| Auditor | Pricewaterhouse Coopers LLC |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |