| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| NextVenue, Inc. |
| 100 William Street, 8th Floor, New York, NY 10038 * (212) 909-2900 |
| Business Description | The company is a global of comprehensive services for the streaming of audio and video content and communications over the Internet. |
|
Filing Information IPO has been | |||
| To Trade As | NXVN (NASNTL) | Industry | High-Tech (SIC 7371) |
| Type of Stock Offered | Common Shares | Filing Date | 5/9/00 |
| Domestic Shares Filed | 0 | Filing Price | - - |
| Foreign Shares Filed | 0 | Offering Amount | $60,000,000 |
| Company Shares | 0 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Deutsch Banc Alex. Brown | Co-manager | (410) 727-1700 |
| Lehman Brothers Incorporated | Co-manager | (212) 526-8100 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 3 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/98 | 12/31/99 | 3/31/99 | 3/31/00 | |||
| Revenues | - | - | - | 1.496 | 3.361 | 0.394 | 2.654 |
| Income from Oper. | - | - | - | -2.539 | -3.871 | -0.327 | -2.267 |
| Net Income | - | - | - | -2.539 | -3.755 | -0.339 | -2.240 |
| E.P.S | - | - | - | - | -0.730 | -0.050 | -0.270 |
| Revenue Growth (%) | - | - | - | 124.666 | 573.60 | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -2.48 | -0.16 | -0.57 | ||||
| Cash Flow - Inv. | -4.88 | -0.63 | -1.72 | ||||
| Cash Flow - Fin. | 11.25 | 1.10 | 27.28 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 3/31/00 | Financial Ratios | ||||
| Total Assets | 43.14 | Current Assets | 31.06 | Current Ratio | 6.46 |
| Total Liab. | 7.09 | Current Liab. | 4.80 | Debt Ratio | 16.42% |
| Total Equity | 36.05 | Working Cap. | 26.25 | Debt to Equity Ratio | 0.20 |
| Cash | 28.88 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for expanding international operations, sales and marketing activities, research and development efforts and general corporate purposes including working capital. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Skadden, Arps, Slate, Meagher & Flom |
| Bank's Law Firm | Cahill Gordon & Reindel |
| Auditor | KPMG LLC |
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| Principal Shareholders | ||
| Name of Shareholder | % Owned Before | % Owned After |
| Microsoft Corporation | 12.80 | |
| NBC, Inc. | 12.00 | |
| Dow Jones & Company, Inc. | 9.70 | |
| CNBC/Dow Jones Business Video | 9.70 | |
| Morgan Stanley & Co. Incorporated | 6.70 | |
| Merrill Lynch & Co, affiliates | 6.70 | |
| Goldman Sachs & Co. | 6.70 | |
| Citigroup Investments | 4.00 | |
| Van Wagoner Capital Management | 3.80 | |
| Marsh & McLennan Capital, Inc. | 3.30 | |
| Deutsche Bank Securities | 1.90 | |
| Trans World Entertainment | 1.50 | |
| Arena Capital Investment Fund, L.P. | 1.50 | |
| J & W Seligman & Co. Incorporated | 1.10 | |
| PRIMEDIA Ventures, Inc. | 0.40 | |
| Note: represents ownership of 5% or more prior to the offering. | ||