How much money did Fitbit make before its IPO?

In 2014, the year before its IPO, Fitbit captured 41% of the worldwide wearables market, with sales of more than $745 million and net income of nearly $132 million. 6

Will iFit IPO raise $100 million?

However, the current figure given for the IPO to raise is $100 million. The Wall Street Journal reported that the company’s IPO could very well result in a valuation above the 2020 figure of $7 billion. iFIT is a pioneer in subscription-based fitness equipment and content, so it offers both live and on-demand exercise content.

What is the initial public offering price for iFit?

The initial public offering price is expected to be between $18.00 and $21.00 per share. The shares are expected to trade on the Nasdaq Global Select Market under the symbol “IFIT.” Morgan Stanley, BofA Securities, and Barclays are acting as lead book-running managers for the proposed offering.