| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| Essential.com, Inc. |
| Three Burlington Woods Drive, Fourth Floor, Burlington, MA 01803 * (781) 229-9599 |
| Business Description | The company is a leading online communications and energy marketplace offering a broad range of branded essential services to residential and small business customers. |
|
Filing Information IPO has been | |||
| To Trade As | ESSE (NASNTL) | Industry | Internet (SIC 7375) |
| Type of Stock Offered | Common Shares | Filing Date | 4/10/00 |
| Domestic Shares Filed | 0 | Filing Price | - - |
| Foreign Shares Filed | 0 | Offering Amount | $75,000,000 |
| Company Shares | 0 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 371-0641 |
| E*OFFERING Corp. | Co-manager | (415) 835-1560 |
| Merrill Lynch & Co. | Co-manager | (212) 449-4600 |
| PaineWebber Incorporated | Co-manager | (212) 713-2626 |
| 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 | 12/31/97 | 12/31/98 | 12/31/99 | ||||
| Revenues | - | - | 0.045 | 0.142 | 0.527 | - | - |
| Income from Oper. | - | - | -0.039 | -0.567 | -12.913 | - | - |
| Net Income | - | - | -0.041 | -0.584 | -12.954 | - | - |
| E.P.S | - | - | -0.020 | -0.140 | -3.030 | - | - |
| Revenue Growth (%) | - | - | 215.56 | 271.127 | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -9.95 | - | - | ||||
| Cash Flow - Inv. | -0.67 | - | - | ||||
| Cash Flow - Fin. | 13.95 | - | - | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 12/31/99 | Financial Ratios | ||||
| Total Assets | 5.95 | Current Assets | 4.57 | Current Ratio | 1.57 |
| Total Liab. | 18.74 | Current Liab. | 2.91 | Debt Ratio | 315.06% |
| Total Equity | -12.79 | Working Cap. | 1.66 | Debt to Equity Ratio | - |
| Cash | 3.34 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for working capital and general corporate purposes. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Testa, Hurwitz & Thibeault |
| Bank's Law Firm | Hale and Dorr |
| Registrar/Transfer Agent | American Stock Transfer & Trust Co |
| 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 |
| EnerTech Capital Partners | 19.10 | |
| Bessemer Venture Partners | 19.10 | |
| Brand Equity Ventures | 11.80 | |
| Note: represents ownership of 5% or more prior to the offering. | ||