| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| FloNetwork, Inc. |
| 260 King Street East, Toronto, Canada M5A 1K3 * (416) 369-1100 |
| Business Description | The company provides Internet direct marketing and communications services. Our technology infrastructure, software and services enable businesses to market to and communicate with their customers through personalized and targeted e-mail messaging campaigns. |
|
Filing Information IPO has been | |||
| To Trade As | FNWK (NASNTL) | Industry | Service (SIC 7389) |
| Type of Stock Offered | Common Shares | Filing Date | 3/15/00 |
| Domestic Shares Filed | 3,750,000 | Filing Range | $10.00 - $12.00 |
| Foreign Shares Filed | 0 | Offering Amount | $41,250,000 |
| Company Shares | 3,750,000 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | 16,648,977 |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| SG Cowen | Lead Manager | (212) 495-6000 |
| Prudential Volpe Technology | Co-manager | (415) 274-4463 |
| William Blair & Company | Co-manager | (312) 364-8990 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 5 Months Ending | ||||||
| Figures in U.S. millions except per share data | 7/31/97 | 7/31/98 | 7/31/99 | 12/31/98 | 12/31/99 | ||
| Revenues | - | - | 1.155 | 0.748 | 0.777 | 0.222 | 1.196 |
| Income from Oper. | - | - | - | - | - | - | - |
| Net Income | - | - | -0.174 | -0.811 | -2.429 | -0.768 | -2.384 |
| E.P.S | - | - | -0.050 | -0.220 | -0.660 | -0.210 | -0.580 |
| Revenue Growth (%) | - | - | -35.24 | 3.877 | 438.74 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -2.17 | -0.74 | -1.31 | ||||
| Cash Flow - Inv. | -0.22 | -0.05 | -1.91 | ||||
| Cash Flow - Fin. | 2.96 | 1.96 | 15.86 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 12/31/99 | Financial Ratios | ||||
| Total Assets | 17.01 | Current Assets | 14.64 | Current Ratio | - |
| Total Liab. | 23.00 | Current Liab. | - | Debt Ratio | 135.25% |
| Total Equity | -5.99 | Working Cap. | - | Debt to Equity Ratio | - |
| Cash | 13.54 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes including sales and marketing expansion, research and development activities, capital expenditures and working capital and possible acquisitions. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Hale and Dorr |
| Bank's Law Firm | Brobeck, Phleger & Harrison |
| Registrar/Transfer Agent | ChaseMellon Shareholder Services, L.L.C. |
| Auditor | Arthur Andersen |
| 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 |
| McLean Watson | 30.50 | |
| Entities Affiliated with Ventures West Capital Ltd. | 18.60 | |
| CNET, Inc. | 11.50 | |
| Entities Affiliated with Sycamore Ventures | 5.00 | |
| Note: represents ownership of 5% or more prior to the offering. | ||