| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| LSC, Incorporated |
| 1270 Eagan Industrial Road, Suite 160, Eagan, MN 55121 * (651) 554-1500 |
| Business Description | The company is a leading provider of enterprise data storage software products. Our software permits organizations to efficiently and reliably create, store, access, manage, analyze and move mission critical data over distributed computing environments, including storage area networks, or SANs. |
|
Filing Information Not yet | |||
| To Trade As | LSCI (NASNTL) | Industry | High-Tech (SIC 7372) |
| Type of Stock Offered | Common Shares | Filing Date | 3/10/00 |
| Domestic Shares Filed | 3,000,000 | Filing Range | $7.00 - $9.00 |
| Foreign Shares Filed | 0 | Offering Amount | $24,000,000 |
| Company Shares | 3,000,000 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | 7,500,000 |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Roth Capital Partners | Lead Manager | |
| Craig-Hallum, Inc. | Co-manager | (612) 342-0545 |
| 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 | 12/31/95 | 12/31/96 | 12/31/97 | 12/31/98 | 12/31/99 | ||
| Revenues | 0.709 | 2.031 | 2.360 | 3.517 | 5.705 | - | - |
| Income from Oper. | -1.369 | -1.070 | -1.329 | 0.121 | 0.889 | - | - |
| Net Income | -1.353 | -1.013 | -1.458 | -0.229 | 0.737 | - | - |
| E.P.S | -0.360 | -0.240 | -0.340 | -0.050 | 0.170 | - | - |
| Revenue Growth (%) | 186.46 | 16.20 | 49.03 | 62.212 | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | 3.44 | 15.58 | - | - |
| Net Profit Margin (%) | - | - | - | - | 12.92 | - | - |
| Cash Flow - Oper. | 1.50 | - | - | ||||
| Cash Flow - Inv. | -0.09 | - | - | ||||
| Cash Flow - Fin. | -0.41 | - | - | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 12/31/99 | Financial Ratios | ||||
| Total Assets | 2.82 | Current Assets | 2.68 | Current Ratio | 2.35 |
| Total Liab. | 1.15 | Current Liab. | 1.14 | Debt Ratio | 40.81% |
| Total Equity | 1.67 | Working Cap. | 1.54 | Debt to Equity Ratio | 0.69 |
| Cash | 1.03 | Return on Assets | 26.11% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for expansion of sales and marketing, development of new data storage software products, possible technology or product line acquisitions, working capital and general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Oppenheimer Wolff & Donnelly |
| Bank's Law Firm | Messerli & Kramer P.A. |
| Registrar/Transfer Agent | Norwest Bank of Minnesota |
| 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 |
| Donald D. Crouse | 12.60 | |
| Harriet G. Coverston | 10.70 | |
| Paul G. Miller | 9.80 | |
| Perkins Capital Management, Inc | 9.20 | |
| Sigmund M. Hyman | 6.80 | |
| Note: represents ownership of 5% or more prior to the offering. | ||