IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies
Exult, Inc.
4 Park Plaza, Suite 350, Irvine, CA 92614 * (949) 250-8002
Business Description The company is the first company to offer her, a comprehensive, web-enabled integrated service designed to manage the entire human resources department for Global 500 corporations.
Offering
Information

Company has
gone public

Trading As  EXLT (NASNTL) Industry  Service (SIC 8742)
Type of Stock Offered  Common Shares Filing Date  3/6/00
Domestic Shares Offered  5,100,000 Offer Date  6/1/00
Foreign Shares Offered  900,000 Filing Range  $13.00 - $15.00
Company Shares  6,000,000 Offer Price  $10.00
Selling Shrhldrs Shares  0 Gross Spread  $0.700
Gross Proceeds  $60,000,000 Selling  $0.400
Expenses  - - Reallowance  $0.100
Post-IPO Shares  92,530,000 Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Merrill Lynch & Co. Lead Manager (212) 449-4600
Bear, Stearns & Co. Inc. Co-manager (212) 272-4850
Robertson, Stephens & Company Co-manager (415) 989-8500
Salomon Smith Barney Co-manager (212) 723-7300
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data       12/31/98 12/31/99    
Revenues   - - - 0.000 4.857 - -
Income from Oper.   - - - -0.187 -15.276 - -
Net Income   - - - -0.184 -15.013 - -
E.P.S   - - - - -2.170 - -
Revenue Growth (%)      - - - -   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -7.56 - -
Cash Flow - Inv.     -9.57 - -
Cash Flow - Fin.     55.48 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    58.77 Current Assets    40.31 Current Ratio    4.83
Total Liab.    12.66 Current Liab.    8.35 Debt Ratio    21.54%
Total Equity    46.11 Working Cap.    31.96 Debt to Equity Ratio    0.27
Cash    39.20    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for working capital and other general corporate purposes, including the expansion of our client service centers, our technology infrastructure and our sales and marketing capabilities, for acquisitions of complementary businesses, technologies and strategic relationships and for the repayment of outstanding indebtedness.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Brobeck, Phleger & Harrison
Bank's Law Firm  Latham & Watkins
Registrar/Transfer Agent  U. S. Stock Transfer Corporation
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
General Atlantic Partners and its affiliates 67.10  
BP International Limited 10.10  
Goldman Sachs & Co. and its affiliates 2.90  
Mellon Ventures 1.50  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 6/11/00 11:11:00 PM
© 1999 IPO Data Systems, Inc. - All rights reserved.