- San Francisco-based enterprise software company MuleSoft
- The offering of 13 million shares was priced at $17 each on Thursday, above the expected range of $14 to $16.
- Shares opened Friday up 43 percent, debuting at $24.25 apiece.
- That values the company at nearly $3 billion, about double the valuation it commanded at its last private financing event in 2015.
- MuleSoft makes software that automatically integrates disparate data, devices and applications to help businesses networks run faster.
- The company is not profitable, and last year shaved its losses to $50 million from $65 million the year prior, according to IPO filings. Its revenue in 2016 was $188 million, a 70 percent jump from the year before.
- The company has more than 1,000 customers, including Coca-Cola Co, McDonald's Corp, Salesforce.com Inc , Spotify and Unilever.
- MuleSoft raised $221 million in its public offering, a modest sum next to Snap, which raised $3.4 billion, making it the largest U.S. technology debut since Facebook in 2012.
Address
77 Geary St Fl 400
SAN FRANCISCO, CA 94108-5707
United States
SAN FRANCISCO, CA 94108-5707
United States
Website links
www.mulesoft.com/Key stats and ratios
| Q4 (Dec '16) | 2016 | |
| Net profit margin | -23.65% | -26.42% |
| Operating margin | -23.19% | -25.77% |
| EBITD margin | - | -24.73% |
| Return on average assets | -27.67% | -26.31% |
| Return on average equity | - | - |
| Employees | 841 |
No comments:
Post a Comment