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Profile - GRIC Communications, Inc. (NasdaqNM:GRIC)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials
Recent Events
Aug 30Price hit new 52-week low ($0.82)
Location
1421 McCarthy Boulevard
Milpitas, CA 95035
Phone: (408) 955-1920
Fax: (408) 955-1968
Email: investor@gric.com
Employees (last reported count): 186
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Communications Services
Company Websites
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 ·Investor Relations
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Ownership
·Insider and 5%+ Owners: 30%
·Institutional: 5% (7% of float)
(52 institutions)
·Net Inst. Buying: 220.0K shares (+18.55%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
GRIC Communications, Inc. is engaged in delivering remote Internet access and corporate secure remote access to Internet service providers, communications providers and enterprise customers. Combining advanced technology with its managed global GRIC Alliance Network of more than 300 service providers, GRIC delivers its services in 150 countries and enables Internet access through more than 12,000 dialing locations. GRIC has offices in the United States, Asia and Europe. The Company's customers include telecommunications companies, Internet service providers, corporate enterprises and newly emerging communications service providers. GRIC provides its services and software through a global network of customers that the Company calls the GRIC Alliance.
More from Market Guide: Expanded Business Description

Financial Summary
GRIC Communications, Inc. provides services and software that enable communications companies to offer Internet-based products and services, including Internet telephony and Internet roaming. The Company also offers billing and collection services. For the six months ended 6/30/01, total revenues fell 14% to $10.6 million. Net loss rose 60% to $24.1 million. Results reflect reduced revenues from IP telephony services and $7.8 million in restructuring charges.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY1999 Compensation
PayExer

Roger Peirce, 58
Chairman
--  --  
Hong Chen, Ph.D., 37
CEO, Director
$285K--  
Bharat Dave
Pres, COO, Director
--  --  
Joseph Zaelit, 54
Sr. VP, Fin. and Admin. and CFO
237K$253K
Kristin Steinmetz, 40
Sr. VP, Marketing and Bus. Devel.
--  --  
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:GRICAs of 31-Aug-2001
Price and Volume
52-Week Low
on 30-Aug-2001
$0.82 
Recent Price$0.92 
52-Week High
on 1-Sep-2000
$11.50 
Daily Volume (3-month avg)51.7K
Daily Volume (10-day avg)23.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y]
52-Week Change-91.9%
52-Week Change
relative to S&P500
-89.2%
Share-Related Items
Market Capitalization$18.4M
Shares Outstanding20.0M
Float14.0M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$1.12 
Earnings (ttm)-$2.11 
Earnings (mrq)-$0.30 
Sales (ttm)$1.42 
Cash (mrq)$1.08 
Valuation Ratios
Price/Book (mrq)0.82 
Price/EarningsN/A 
Price/Sales (ttm)0.65 
Income Statements
Sales (ttm)$27.8M
EBITDA (ttm)-$42.9M
Income available to common (ttm)-$41.5M
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-75.87%
Return on Equity (ttm)-97.88%
Financial Strength
Current Ratio (mrq)2.72 
Debt/Equity (mrq)0.04 
Total Cash (mrq)$21.4M
Short Interest
As of 8-Aug-2001
Shares Short2,000 
Percent of Float0.0%
Shares Short
(Prior Month)
23.0K
Short Ratio0.04 
Daily Volume45.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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