Business Insider
US · 2 hrs ago
Oura takes step toward IPO with S-1 filing, revealing $1.4 billion in revenue
The company behind the Oura Ring filed its S-1, a required step on the road to an IPO.
Angel Garcia/Bloomberg/Getty Images
Oura just got one step closer to becoming a public company.
The smart-ring maker filed its S-1 paperwork on Thursday, a required step on the road to an initial public offering.
The filing said Oura pulled in $1.4 billion in revenue and $59 million in net income in the one-year period that ended in June. The company said revenue had grown 74% year-over-year, comparing the…
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