Twilio finished 2015 with a $35.5 million loss on revenue of $167 million. For the year, it listed research and development costs of $42.6 million and a combined $85.3 million in operating expenses.
I'm not sure if that justifies $161M market cap.
I'm not sure if that justifies $161M market cap.
With 82,200,793 shares outstanding after IPO if the price holds at $14 that's a market cap of 1.15B.
Recent IPOs weren't nearly as aggressive, but of course different industries. Will be interesting to see how investors react to lack of long term customer commitments and instead relying on tech integration stickiness to drive repeat spend.