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Empire Financial Holding Company
1385 West State Road 434, Longwood, FL 32750 * (407) 774-1300
Business Description The company is a full service, self clearing financial services firm that provides discount brokerage and other financial services to retail and institutional customers.
Filing
Information

Not yet
public

To Trade As  EFHC (NASNTL) Industry  Financial (SIC 6211)
Type of Stock Offered Common Shares Filing Date  9/1/99
Domestic Shares Filed 2,400,000 Filing Range  $11.00 - $13.00
Foreign Shares Filed  0 Offering Amount  $28,800,000
Company Shares  2,400,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  10,000,000
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Wachovia Securities, Inc. Lead Manager  
Empire Financial Group, inc. Co-manager  
Putnam, Lovell, DeGuardiola & Thornton, Inc. Co-manager  
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       12/31/98 12/31/98 6/30/98 6/30/99
Revenues   - - - 5.737 7.934 3.546 8.529
Income from Oper.   - - - - - - -
Net Income   - - - 0.435 0.681 0.475 1.619
E.P.S   - - - 0.050 0.090 0.060 0.200
Revenue Growth (%)      - - - 38.287   140.49
Net Income Growth (%)      - - - 56.57   241.15
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - 7.58 8.58 18.98 13.38
Cash Flow - Oper.     -1.16 -0.16 -1.31
Cash Flow - Inv.     -0.08 -0.01 -0.80
Cash Flow - Fin.     0.64 -0.05 0.33
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/99 Financial Ratios
Total Assets    14.63 Current Assets    - Current Ratio    -
Total Liab.    11.29 Current Liab.    - Debt Ratio    77.20%
Total Equity    3.34 Working Cap.    - Debt to Equity Ratio    3.39
Cash    1.20    Return on Assets   11.07%
Use Of
Proceeds
The proceeds from the proposed offering will be used for advertising, net capital, new products and services, strategic alliances and acquisitions and other general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Greenberg Traurig Hoffman Lipoff Rosen & Quentel
Bank's Law Firm  Berger Davis & Singerman, P.A.
Registrar/Transfer Agent  American Stock Transfer & Trust Co
Auditor  Sweeney, Gates & Co.
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Last updated: 8/25/00 7:27:09 PM
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