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QK Healthcare, Inc.
2060 Ninth Avenue, Ronkonkoma, NY 11779 * (516) 439-2000
Business Description The company is a national wholesale distributor of selected healthcare products to retailers, wholesale distributors and pharmacy benefit managers.
Filing
Information

Not yet
public

To Trade As  QK (NYSE) Industry  Wholesale (SIC 5122)
Type of Stock Offered Common Shares Filing Date  10/12/99
Domestic Shares Filed 15,000,000 Filing Range  $13.00 - $17.00
Foreign Shares Filed  0 Offering Amount  $225,000,000
Company Shares  15,000,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Lehman Brothers Incorporated Lead Manager (212) 526-8100
CS First Boston Co-manager (212) 325-2000
Salomon Smith Barney Co-manager (212) 723-7300
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 9 Months Ending
Figures in U.S. millions except per share data   10/31/95 10/31/96 10/31/97 10/31/98 7/31/98 7/31/99
Revenues   - 168.983 328.307 552.488 772.359 568.062 755.088
Income from Oper.   - 3.800 4.559 26.186 34.136 21.569 41.697
Net Income   - -0.122 -1.896 7.890 10.030 5.446 15.824
E.P.S   - - - - - - -
Revenue Growth (%)      - 94.28 68.28 39.797   32.92
Net Income Growth (%)      - - - 27.12   190.56
Oper. Profit Margin (%)    - 2.25 1.39 4.74 4.42 5.52 3.80
Net Profit Margin (%)    - - - 1.43 1.30 2.10 0.96
Cash Flow - Oper.     -75.91 -69.06 -8.28
Cash Flow - Inv.     - - -0.31
Cash Flow - Fin.     75.91 69.06 8.59
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 7/31/99 Financial Ratios
Total Assets    337.99 Current Assets    337.75 Current Ratio    1.00
Total Liab.    337.99 Current Liab.    337.99 Debt Ratio    100.00%
Total Equity    0.00 Working Cap.    -0.24 Debt to Equity Ratio    -
Cash    -    Return on Assets   4.68%
Use Of
Proceeds
The proceeds from the proposed offering will be used to reduce short term indebtedness.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Edwards & Angell
Bank's Law Firm  Paul, Weiss, Rifkind, Wharton & Garrison
Registrar/Transfer Agent  Continental Stock Transfer & Trust Co
Auditor  BDO Seidman
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Last updated: 3/5/00 12:32:01 PM
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