| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| Auction-Sales.com, Inc. |
| 3543 Old Conejo Road #105, Newbury Park, CA 91320 * (805) 376-9171 |
| Business Description | The company is an Internet retailer and distributor offering products through public interactive business-to-business and business-to-person auctions. Our online auctions provide an interesting sales format and a compelling shopping experience that enable customers to bid against each other in a friendly, competitive marketplace. |
|
Filing Information Not yet | |||
| To Trade As | AUCT (NASNTL) | Industry | Retail (SIC 5961) |
| Type of Stock Offered | Common Shares | Filing Date | 2/14/00 |
| Domestic Shares Filed | 0 | Filing Price | - - |
| Foreign Shares Filed | 0 | Offering Amount | $30,000,000 |
| Company Shares | 0 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| WestPark Capital, Inc. | Lead Manager |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 6 Months Ending | ||||||
| Figures in U.S. millions except per share data | 6/30/98 | 6/30/99 | 12/31/98 | 12/31/99 | |||
| Revenues | - | - | - | 2.256 | 3.887 | 1.865 | 2.407 |
| Income from Oper. | - | - | - | 0.058 | -1.107 | -0.296 | -1.025 |
| Net Income | - | - | - | 0.020 | -1.119 | -0.312 | -1.043 |
| E.P.S | - | - | - | - | -0.090 | -0.030 | -0.080 |
| Revenue Growth (%) | - | - | - | 72.331 | 29.05 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | 2.55 | - | - | - |
| Net Profit Margin (%) | - | - | - | 0.90 | - | - | - |
| Cash Flow - Oper. | -0.76 | -0.09 | -0.69 | ||||
| Cash Flow - Inv. | -0.02 | -0.04 | -0.41 | ||||
| Cash Flow - Fin. | 1.08 | 0.90 | 0.93 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 12/31/99 | Financial Ratios | ||||
| Total Assets | 1.51 | Current Assets | 1.42 | Current Ratio | 0.59 |
| Total Liab. | 2.42 | Current Liab. | 2.41 | Debt Ratio | 160.33% |
| Total Equity | -0.91 | Working Cap. | -0.98 | Debt to Equity Ratio | - |
| Cash | 0.40 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for advertising and brand development expenditures, for capital expenditures, for the repayment of indebtedness, for the development of auction application software and technology infrastructure and general corporate purposes including working capital. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Kirkpatrick & Lockhart |
| Bank's Law Firm | Troop Steuber Pasich Reddick & Tobey, LLP |
| Registrar/Transfer Agent | U. S. Stock Transfer Corporation |
| Auditor | Singer, Lewak, Greenbaum & Goldstein |
| 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 |
| Mike Rafiq | 98.20 | |
| Note: represents ownership of 5% or more prior to the offering. | ||