Twitter IPO: Newly Filed Twitter S-1 Makes It Feel so Real

If the S-1 is any indication, Twitter is laser-focused on mobile

   

The Twitter IPO is even closer now, as the company has filed its S-1.

Some of the highlights from the Twitter S-1:

  • The proposed ticker symbol is “TWTR,” but an exchange was not disclosed.
  • Lead underwriters include Goldman Sachs (GS), Morgan Stanley (MS) and JPMorgan (MS).
  • Twitter now has more than 215 million monthly active users and over 100 million daily active users. These users create about 500 million Tweets every day.
  • Of those 215 million MAUs, about 75% are using Twitter via mobile.
  • In its S-1, Twitter uses the word “social” 24 times. But it uses “mobile” 130 times.
  • In 2012, revenues spiked by nearly 200% year-over-year to $316.9 million. Twitter did generate a net loss of $79.4 million, but that was 38% better than in 2011. Twitter also boasted a positive adjusted EBITDA of $21.2 million.
  • In the first half of this year, revenues jumped by 107% to $253.6 million, but the net loss rose by 41% to $69.3 million. Adjusted EBITDA was $21.4 million, nearly matching its total for all of 2012.

Stay tuned for more information about the Twitter IPO, and also check out some of our recent articles:

Tom Taulli runs the InvestorPlace blog IPO Playbook. He is also the author of High-Profit IPO StrategiesAll About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities.


Article printed from InvestorPlace Media, http://investorplace.com/ipo-playbook/twitter-ipo-twitter-s-1/.

©2014 InvestorPlace Media, LLC

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