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Previous: GLOBALNET INC, 10-Q/A, 2000-09-05 |
Next: ADVANCED SWITCHING COMMUNICATIONS INC, S-1/A, 2000-09-05 |
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
balance sheet and the statement of operations for the three months
ended March 31, 2000 and six months ended June 30, 2000 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0001095529
<NAME> GlobalNet, Inc.
<S> <C> <C>
<PERIOD-TYPE> 3-MOS 6-MOS
<FISCAL-YEAR-END> DEC-31-2000 DEC-31-2000
<PERIOD-END> MAR-31-2000 JUN-30-2000
<CASH> 544,536 3,005,127
<SECURITIES> 0 0
<RECEIVABLES> 3,072,246 5,552,652
<ALLOWANCES> 0 80,000
<INVENTORY> 0 0
<CURRENT-ASSETS> 5,234,499 10,311,073
<PP&E> 5,416,536 10,374,518
<DEPRECIATION> 1,265,291 1,653,464
<TOTAL-ASSETS> 11,352,412 20,898,795
<CURRENT-LIABILITIES> 12,239,854 9,773,884
<BONDS> 0 0
0 0
0 0
<COMMON> 2 32,352
<OTHER-SE> (4,404,570) 4,120,496
<TOTAL-LIABILITY-AND-EQUITY> 11,352,412 20,898,795
<SALES> 0 0
<TOTAL-REVENUES> 14,486,390 30,769,522
<CGS> 13,651,454 30,449,396
<TOTAL-COSTS> 14,929,518 34,855,867
<OTHER-EXPENSES> 0 0
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 282,447 538,321
<INCOME-PRETAX> (725,575) (4,624,666)
<INCOME-TAX> 0 0
<INCOME-CONTINUING> 0 0
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (725,575) (4,624,666)
<EPS-BASIC> (0.04) (0.20)
<EPS-DILUTED> 0 0
</TABLE>
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