About TheStreet.com, Inc.
TheStreet.com, Inc. (
TSCM
:Nasdaq) is a leading multimedia provider of original, timely, insightful and trustworthy financial commentary, analysis and news. TheStreet.com brand is built on our best-in-class editorial team of experienced financial commentators and journalists. On the Internet, our free, flagship web site, TheStreet.com, is accompanied by our premium, subscription-based site, RealMoney.com, and our professionally-oriented subscription sites called Street Insight and RealMoney Pro Advisor.
In addition, our content is available across diverse media platforms, including print, radio and conferences, giving us more opportunities to generate revenue from the content we produce. Our strategic relationships with leading companies in the media, technology and financial services sectors help us create brand awareness and increase subscription and advertising revenues.
About TheStreet.com Professional Markets Group
TheStreet.com Professional Markets Group is a division of TheStreet.com, Inc. TheStreet.com Professional Markets Group is focused on providing trading/research products exclusively to investment professionals, including hedge fund managers, brokers, financial planners, traders, and money managers. This suite of product offerings includes RealMoney Pro Advisor, Street Insight and TheStreet View. RealMoney Pro Advisor is a real-time equity research tool that provides financial consultants, investment advisors and financial planners with investment and trading ideas throughout the market day. Hedge fund managers, equity analysts and portfolio managers contribute these trading and investment ideas. Street Insight is an unbiased, real-time investment tool from the most "in the flow" pros in the business. In addition, TheStreet View is a long/short equity research tool that contains independent information often overlooked by traditional Wall Street research firms. Subscribers of TheStreet View receive stock ideas from some of the best investment professionals in the business that cover a variety of sectors such as biotech, healthcare, technology, and retail.
Key Facts (as of December 31, 2002)
- Established in 1996; IPO in 1999
- Approximately $29 million in cash
- NASDAQ Symbol: TSCM Common Stock
- Shares Outstanding: 23.6 million
- Market Capitalization: $69.1 million
- 52-Week Trading Range: $1.28 - $3.59
- Fiscal Year: December 31
- Employees 136
- Approximately 66,000 paid subscribers
- Net revenue was $6.0 million, an increase of 55 percent over the fourth quarter 2001 and a 12 percent increase from third quarter 2002
- Subscription revenue rose to $4.3 million, an increase of 64 percent over the same period last year and an increase of 7 percent from the third quarter 2002.
- Advertising revenue was $1.4 million, an increase of 30 percent over the same period last year and an increase of 29 percent from third quarter 2002
- Total cash burn was $814,764, an improvement of 87 percent over the cash burn of fourth quarter 2001 of $6.1 million.
- Strategic partnerships with industry leaders:
- Yahoo!
- Marketwatch
- Harrisdirect
- WOR Radio Network
This Investor Relations section is for informational purposes only. We urge you to conduct thorough research, which may include professional advice, before investing in TheStreet.com Inc. stock or options. TheStreet.com Inc. makes no guarantee of the accuracy, timeliness or completeness of the information provided here. We shall not be liable for any errors or delays in the content or for any actions based on the content.
Additionally, this section and information linked to this section may contain forward-looking statements concerning TheStreet.com's business, operations and financial condition. TheStreet.com cautions you that any forward-looking information provided by or on behalf of TheStreet.com is not a guarantee of future performance. For further information on some of the risks we face, please
see our most recent SEC Filings
.
