IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies
i3 Mobile, Inc.
181 Harbor Drive, Third Floor, Stanford, CT 06902 * (203) 969-0020
Business Description The company is a leading provider of timely personalized information to users of wireless communications devices in North America.
Offering
Information

Company has
gone public

Trading As  IIIM (NASNTL) Industry  Internet (SIC 7373)
Type of Stock Offered  Common Shares Filing Date  1/7/00
Domestic Shares Offered  5,100,000 Offer Date  4/5/00
Foreign Shares Offered  0 Filing Range  $14.00 - $16.00
Company Shares  5,100,000 Offer Price  $16.00
Selling Shrhldrs Shares  0 Gross Spread  $1.120
Gross Proceeds  $81,600,000 Selling  $0.670
Expenses  - - Reallowance  $0.100
Post-IPO Shares  21,500,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Deutsch Banc Alex. Brown Lead Manager (410) 727-1700
Chase H&Q; Co-manager (415) 439-3626
CS First Boston Co-manager (212) 325-2000
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 12/31/94 12/31/95 12/31/96 12/31/97 12/31/98 9/30/98 9/30/99
Revenues   0.214 0.387 0.645 0.825 1.405 1.023 1.325
Income from Oper.   -0.071 -0.769 -1.327 -2.367 -2.566 -1.992 -3.882
Net Income   -0.077 -0.747 -1.319 -2.448 -2.895 -2.220 -4.172
E.P.S   -0.020 -0.100 -0.180 -0.330 -0.420 -0.320 -1.600
Revenue Growth (%)      80.84 66.67 27.91 70.303   29.52
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -2.64 -1.92 -4.01
Cash Flow - Inv.     -0.06 -0.06 -0.31
Cash Flow - Fin.     2.65 1.77 8.16
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/99 Financial Ratios
Total Assets    5.44 Current Assets    4.65 Current Ratio    3.63
Total Liab.    22.76 Current Liab.    1.28 Debt Ratio    418.28%
Total Equity    -17.32 Working Cap.    3.37 Debt to Equity Ratio    -
Cash    4.00    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for expansion of sales and marketing, further development of systems infrastructure, funding operating losses, working capital and general corporate purposes including strategic alliances.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Piper & Marbury
Bank's Law Firm  Morrison & Foerster
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
Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
BG Media Investors L.P. 28.20  
Robert M. Unnold 12.70  
Keystone Venture IV, L.P. 9.70  
Stephen M. Maloney 8.70  
MCI WorldCom, Inc. 6.40  
Donald F. Christino 6.30  
Apex Management III, LLC 3.70  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:56:31 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.