A Peloton IPO is in the works for the fitness company.
Here’s what potential investors need to know about a possible Peloton IPO.
- However, this is likely only proxy number that the company has in place while it measures interest.
- That much better than its 2017 revenue of $218.60 million and 2018 revenue of $435.00 million.
- Peloton notes that its net losses for 2019 were $195.60 million.
- That’s likely a red flag for investors, but there’s more.
- Peloton also notes that part of its strategy for the future is to grow its membership while retaining its current members.
- The fitness company sells premium exercise equipment that isn’t something the average individual will have in their homes.
- It also sells subscription memberships that give customers access to its workout sessions.
You can to check out the Peloton IPO filing for yourself.
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As of this writing, William White did not hold a position in any of the aforementioned securities.
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