| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Organic, Inc. |
| 510 Third Street, San Francisco, CA 94107 * (415) 365-5500 |
| Business Description | The company is a leading Internet professional services firm focused on the customer-to-business market. |
| Offering Information Company has | |||
| Trading As | OGNC (NASNTL) | Industry | Internet (SIC 7379) |
| Type of Stock Offered | Common Shares | Filing Date | 11/24/99 |
| Domestic Shares Offered | 5,500,000 | Offer Date | 2/9/00 |
| Foreign Shares Offered | 0 | Filing Range | $18.00 - $20.00 |
| Company Shares | 5,500,000 | Offer Price | $20.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.400 |
| Gross Proceeds | $110,000,000 | Selling | $0.840 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | - - | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| Donaldson, Lufkin & Jenrette Securities Corp. | Co-manager | (212) 371-0641 |
| Thomas Weisel Partners LLC | Co-manager | (415) 364-2500 |
| 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 | 12/31/96 | 12/31/97 | 12/31/98 | 9/30/98 | 9/30/99 | ||
| Revenues | - | - | 4.294 | 6.780 | 27.734 | 20.744 | 51.781 |
| Income from Oper. | - | - | 0.248 | -3.065 | -1.829 | 1.986 | -13.814 |
| Net Income | - | - | 0.237 | -1.785 | -2.766 | 1.146 | -13.927 |
| E.P.S | - | - | 0.010 | -2,006.000 | -32.430 | 0.050 | -34.540 |
| Revenue Growth (%) | - | - | 57.89 | 309.056 | 149.62 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | 5.78 | - | - | - | 9.57 |
| Net Profit Margin (%) | - | - | 5.52 | - | - | - | 5.52 |
| Cash Flow - Oper. | -0.16 | -0.95 | -4.75 | ||||
| Cash Flow - Inv. | -4.03 | -3.05 | -5.80 | ||||
| Cash Flow - Fin. | 1.60 | 0.91 | 12.10 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 9/30/99 | Financial Ratios | ||||
| Total Assets | 58.52 | Current Assets | 30.69 | Current Ratio | 1.11 |
| Total Liab. | 28.74 | Current Liab. | 27.58 | Debt Ratio | 49.10% |
| Total Equity | 29.78 | Working Cap. | 3.11 | Debt to Equity Ratio | 0.96 |
| Cash | 3.20 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used to expand our corporate infrastructure, reduce outstanding debt, for general corporate purposes including working capital and capital expenditures. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Morrison & Foerster |
| Bank's Law Firm | Wilson, Sonsini, Goodrich & Rosati |
| Registrar/Transfer Agent | EquiServe |
| Auditor | Pricewaterhouse Coopers LLC |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |