IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies
ArtistDirect, Inc.
17835 Ventura Boulevard, Suite 310, Encino, CA 91316 * (818) 758-8700
Business Description The company is a leading online music company that connects artists directly with their fans worldwide. We provide music entertainment through our ARTISTdirect Network, an integrated network of network web sites offering multi-media content, music news and information, community around shared music interests, and music-related commerce.
Offering
Information

Company has
gone public

Trading As  ARTD (NASNTL) Industry  High-Tech (SIC 7375)
Type of Stock Offered  Common Shares Filing Date  9/22/99
Domestic Shares Offered  5,000,000 Offer Date  3/27/00
Foreign Shares Offered  0 Filing Range  $10.00 - $12.00
Company Shares  5,000,000 Offer Price  $12.00
Selling Shrhldrs Shares  0 Gross Spread  $0.840
Gross Proceeds  $60,000,000 Selling  $0.500
Expenses  - - Reallowance  $0.100
Post-IPO Shares  37,300,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Morgan Stanley Dean Witter Lead Manager (212) 761-5900
Bear, Stearns & Co. Inc. Co-manager (212) 272-4850
Deutsch Banc Alex. Brown Co-manager (410) 727-1700
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       12/31/97 12/31/98 6/30/98 6/30/99
Revenues   - - - 1.888 4.582 1.300 3.682
Income from Oper.   - - - -0.457 -6.349 -2.428 -8.154
Net Income   - - - -0.460 -6.318 -2.443 -8.044
E.P.S   - - - - -0.440 - -0.450
Revenue Growth (%)      - - - 142.691   183.23
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -2.30 -0.28 -4.99
Cash Flow - Inv.     -0.55 -0.11 -0.70
Cash Flow - Fin.     4.60 1.85 14.90
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 6/30/99 Financial Ratios
Total Assets    29.29 Current Assets    12.61 Current Ratio    3.35
Total Liab.    26.09 Current Liab.    3.76 Debt Ratio    89.08%
Total Equity    3.20 Working Cap.    8.85 Debt to Equity Ratio    8.15
Cash    10.83    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for advertising and promotion of our brands, content production and Web site development and for other general corporate purposes including working capital.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Brobeck, Phleger & Harrison
Bank's Law Firm  O'Melveny & Meyers
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
Auditor  KPMG LLC
Send us feedback if you would like to request that we hyperlink a firm on this page

Last updated: 5/29/00 12:55:58 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.