| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| Metawave Communications Corporation |
| 10735 Willows Road NE, Redmond, WA 98073 * (425) 702-5600 |
| Business Description | The company is a leading provider of smart antenna systems. Our SpotLight systems provide a solution for wireless network operators facing capacity constraints within their networks. |
|
Filing Information Not yet | |||
| To Trade As | MTWV (NASNTL) | Industry | Telecommunications (SIC 3663) |
| Type of Stock Offered | Common Shares | Filing Date | 2/17/00 |
| Domestic Shares Filed | 6,250,000 | Filing Range | $11.00 - $13.00 |
| Foreign Shares Filed | 0 | Offering Amount | $75,000,000 |
| Company Shares | 6,250,000 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | 36,844,478 |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| U.S. Bancorp Piper Jaffray | Co-manager | (612) 342-6220 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 3 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/97 | 12/31/98 | 12/31/99 | 3/31/99 | 3/31/00 | ||
| Revenues | - | - | 1.450 | 15.991 | 22.596 | 6.834 | 9.329 |
| Income from Oper. | - | - | -22.506 | -37.765 | -39.239 | -9.591 | -7.807 |
| Net Income | - | - | -22.104 | -44.328 | -42.413 | -12.699 | -7.745 |
| E.P.S | - | - | -12.180 | -21.980 | -18.980 | -6.000 | -3.040 |
| Revenue Growth (%) | - | - | 1,002.83 | 41.304 | 36.51 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -37.77 | -9.87 | -4.74 | ||||
| Cash Flow - Inv. | -1.32 | -0.99 | -0.79 | ||||
| Cash Flow - Fin. | 48.49 | 5.01 | -0.08 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 3/31/00 | Financial Ratios | ||||
| Total Assets | 36.42 | Current Assets | 30.46 | Current Ratio | 2.08 |
| Total Liab. | 161.14 | Current Liab. | 14.64 | Debt Ratio | 442.48% |
| Total Equity | -124.73 | Working Cap. | 15.82 | Debt to Equity Ratio | - |
| Cash | 14.50 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes including working capital and capital expenditures. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Venture Law Group |
| Bank's Law Firm | Wilson, Sonsini, Goodrich & Rosati |
| Registrar/Transfer Agent | ChaseMellon Shareholder Services, L.L.C. |
| Auditor | Ernst & Young |
| 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 |
| Oak Investment Partners | 25.20 | |
| MeriTech Capital Partners | 15.60 | |
| General Motors Investment Management Corporation | 10.90 | |
| Venrock Associates | 9.70 | |
| The Sevin Rosen Funds | 9.60 | |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | 7.80 | |
| Note: represents ownership of 5% or more prior to the offering. | ||