IPO Company Profile © ipodata.com
Message Board  |   SEC Filings  |   Peer IPO Companies
Hydrogenics Corporation
100 Caster Avenue, Woodbridge, Canada L4L 5Y9 * (905) 851-8866
Business Description The company is the leading provider of industrial grade proton exchange membrane (PEM) fuel cell automation test stations.
Filing
Information

Not yet
public

To Trade As  HYGS (NASNTL) Industry  Manufacturing (SIC 3629)
Type of Stock Offered Common Shares Filing Date  7/31/2000
Domestic Shares Filed 7,000,000 Filing Range  $10.00 - $12.00
Foreign Shares Filed  0 Offering Amount  $77,000,000
Company Shares  7,000,000 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Salomon Smith Barney Lead Manager (212) 723-7300
BMO Nesbitt Burns Co-manager  
CIBC World Markets Co-manager (212) 667-7400
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     12/31/1997 12/31/1998 12/31/1999 3/31/1999 3/31/2000
Revenues   - - 0.097 0.665 2.674 0.276 1.650
Income from Oper.   - - 0.003 0.113 -0.145 -0.119 -1.040
Net Income   - - -0.001 0.099 -0.209 -0.121 -0.147
E.P.S   - - 0.000 0.040 -0.070 -0.040 -0.050
Revenue Growth (%)      - - 585.57 302.105   497.83
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - 3.09 16.99 - - -
Net Profit Margin (%)    - - - 14.89 - - -
Cash Flow - Oper.     - 0.05 -1.12
Cash Flow - Inv.     - -0.12 -0.16
Cash Flow - Fin.     - - 3.62
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 3/31/2000 Financial Ratios
Total Assets    6.16 Current Assets    5.77 Current Ratio    3.35
Total Liab.    5.83 Current Liab.    1.72 Debt Ratio    94.60%
Total Equity    0.33 Working Cap.    4.04 Debt to Equity Ratio    17.53
Cash    2.79    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for research and development, capital expenditures, sales and marketing expenses, potential acquisitions and investments and general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Brobeck, Phleger & Harrison
Bank's Law Firm  Cravath, Swaine & Moore
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
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
Micro-Generation Technology Fund, LLC 9.70  
CIBC Capital Partners 9.70  
Working Ventures Canadian Fund, Inc. 9.10  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 9/17/2000 4:20:46 PM
© 1999 IPO Data Systems, Inc. - All rights reserved.