| IPO Company Profile © ipodata.com |
| Message Board | SEC Filings | Peer IPO Companies |
| Telect, Inc. |
| 2111 N. Molter Road, Liberty Lake, WA 99019 * (509) 926-6000 |
| Business Description | The company is a leading provider of broadband connectivity and power distribution products and services for the telecommunications industry. |
|
Filing Information IPO has been | |||
| To Trade As | TLEC (NASNTL) | Industry | Telecommunications (SIC 3661) |
| Type of Stock Offered | Common Shares | Filing Date | 8/30/2000 |
| Domestic Shares Filed | 12,000,000 | Filing Range | $9.00 - $11.00 |
| Foreign Shares Filed | 0 | Offering Amount | $120,000,000 |
| Company Shares | 12,000,000 | Est. Expenses | - - |
| Selling Shrhldrs Shares | 0 | Post-IPO Shares | 131,170,000 |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Deutsch Banc Alex. Brown | Lead Manager | (410) 727-1700 |
| Chase H&Q; | Co-manager | (415) 439-3626 |
| U.S. Bancorp Piper Jaffray | Co-manager | (612) 342-6220 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 6 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/1997 | 12/31/1998 | 12/31/1999 | 6/30/1999 | 6/30/2000 | ||
| Revenues | - | - | 82.858 | 114.580 | 168.252 | 75.041 | 126.808 |
| Income from Oper. | - | - | 11.400 | 17.000 | 41.445 | 17.446 | 31.681 |
| Net Income | - | - | 7.380 | 9.254 | 27.073 | 11.639 | 20.278 |
| E.P.S | - | - | - | - | - | - | - |
| Revenue Growth (%) | - | - | 38.28 | 46.842 | 68.98 | ||
| Net Income Growth (%) | - | - | 25.39 | 192.55 | 74.22 | ||
| Oper. Profit Margin (%) | - | - | 13.76 | 14.84 | 24.63 | 24.98 | 23.25 |
| Net Profit Margin (%) | - | - | 8.91 | 8.08 | 16.09 | 15.99 | 15.51 |
| Cash Flow - Oper. | 34.02 | 8.76 | 23.83 | ||||
| Cash Flow - Inv. | -5.54 | -1.73 | -13.07 | ||||
| Cash Flow - Fin. | -25.83 | -7.37 | -14.00 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 6/30/2000 | Financial Ratios | ||||
| Total Assets | 108.23 | Current Assets | 78.34 | Current Ratio | 1.80 |
| Total Liab. | 48.28 | Current Liab. | 43.57 | Debt Ratio | 44.61% |
| Total Equity | 59.94 | Working Cap. | 34.77 | Debt to Equity Ratio | 0.81 |
| Cash | - | Return on Assets | 18.74% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used to make a distribution of previously undistributed Subchapter S corporation income, to fund operations, to fund potential acquisitions of complementary businesses, technologies or products and for general corporate purposes and expansion of manufacturing facilities. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Gray Cary Ware & Freidenrich |
| Bank's Law Firm | Wilson, Sonsini, Goodrich & Rosati |
| Auditor | Deloitte & Touche |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |