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https://www.cnbc.com/2018/02/23/dropbox-ipo-form-s-1-prospectus-filing-full-text.html

Cloud storage company Dropbox filed to raise $500 million in a public offering on Friday, giving investors a first look at the books of a coveted unicorn start-up that was previously valued at $10 billion.

Here's what the filing said:

Revenue: $1.11 billion in 2017, up 31 percent from the prior year

Net loss: $111.7 million in 2017, narrower than 2016's loss of $210.2 million

Average revenue per paid user: $111.91, up from 2016 but down from 2015

500 million registered users, 100 million signed up since the beginning of 2017

More than 11 million paying users

Gross margin: 67 percent

Dropbox will list on the Nasdaq under the ticker "DBX."



Submitted February 23, 2018 at 04:29PM by akmalhot http://ift.tt/2HIwp9i

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