Story thread · 22 reports / 16 sources

Oura IPO S-1: Early Investors Cashed Out $1B Before Wall Street's Turn

techtimes.com · 10dShare

Oura IPO S-1 discloses that early investors cashed out $1.09 billion before public buyers could participate, creating a $924 million accounting loss that obscures real net income of $60.77 million. The smart ring maker reports 89% subscription gross margins, 5 million paid members, and a 42 billion-hour biometric dataset backing its $16 billion valuation target.

First report: Oura Taps Netflix, Robinhood Veterans for Board Ahead of IPO — bloomberg.com, 12d