IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies
Telocity, Inc.
10355 North De Anza Boulevard, Cupertino, CA 95014 * (408) 863-6600
Business Description The company intends to be the leading nationwide provider of subscriber-based broadband services and applications designed for the residential market.
Offering
Information

Company has
gone public

Trading As  TLCT (NASNTL) Industry  Internet (SIC 7371)
Type of Stock Offered  Common Shares Filing Date  1/7/00
Domestic Shares Offered  11,000,000 Offer Date  3/28/00
Foreign Shares Offered  0 Filing Range  $10.00 - $12.00
Company Shares  11,000,000 Offer Price  $12.00
Selling Shrhldrs Shares  0 Gross Spread  $0.840
Gross Proceeds  $132,000,000 Selling  $0.510
Expenses  - - Reallowance  $0.100
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Merrill Lynch & Co. Lead Manager (212) 449-4600
CS First Boston Co-manager (212) 325-2000
Donaldson, Lufkin & Jenrette Securities Corp. Co-manager (212) 371-0641
Wit SoundView Co-manager  
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       12/31/97 12/31/98 9/30/98 9/30/99
Revenues   - - - - - - 0.057
Income from Oper.   - - - -0.678 -7.438 -3.856 -18.374
Net Income   - - - -0.678 -7.590 -3.936 -18.978
E.P.S   - - - -0.560 -1.390 - -0.620
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -5.36 -3.52 -15.88
Cash Flow - Inv.     -1.03 -0.36 -2.71
Cash Flow - Fin.     7.76 5.36 17.37
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/99 Financial Ratios
Total Assets    8.90 Current Assets    0.96 Current Ratio    0.14
Total Liab.    34.93 Current Liab.    6.85 Debt Ratio    392.49%
Total Equity    -26.03 Working Cap.    -5.90 Debt to Equity Ratio    -
Cash    0.18    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes including funding of working capital needs and expand our network, operations and sales and marketing efforts.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Gray Cary Ware & Freidenrich
Bank's Law Firm  Baker & McKenzie
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
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
Entities affiliated with August Capital, L.P. 21.20  
Entities affiliated with NBC Internet, Inc. 21.10  
Entities affiliated with Bessemer Venture Partners 12.80  
Entities affiliated with Mohr, Davidow Ventures 12.40  
Patti Hart 5.10  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:57:20 AM
© 1999 IPO Data Systems, Inc. - All rights reserved.