6 ms·
2014 was an incredible year for them revenue/profit wise, and the first 3 months are already showing impressive growth. 2013 - 271M revenue, 51M loss. 2014 -
by djloche 11y ago
2014 was an incredible year for them revenue/profit wise, and the first 3 months are already showing impressive growth.
2013 - 271M revenue, 51M loss.
2014 - 745M revenue, 131M profit.
Q1 2014 - 108M revenue, 8M profit.
Q1 2015 - 336M revenue, 47M profit.
These are fantastic numbers - I don't blame them deciding to go public now.
- misteredison12 11y agoThe only way an IPO makes sense is if they're going to raise money to compete with the Apple Watch or to move into a completely different product category.
- Narkov 11y ago...or to get out.