TradeDoubler to IPO in November

twadmin on Mon, 2005-10-24 02:26.

Business Issues

5 comments

TradeDoubler are to release 45% of shares in an IPO scheduled for November 8th this year according to Sweden's largest financial newspaper di.se TradeDoubler did around $70M in revenues last year and are currently valued at around $400M

Comments

if anyone has an English PR

GerBot on Mon, 2005-10-24 03:08.

if anyone has an English PR I'd love to read it.

p.s. Nick, your link goes to http://www.tradeboubler.co.uk/

Fixed, thanks gerbot I also

twadmin on Mon, 2005-10-24 03:21.

Fixed, thanks gerbot

I also found out that they are a swedish company, which explains why that site has the story first, i'd always thought they were UK heh..

$70M in revenues

shorebreak on Mon, 2005-10-24 07:47.

You do mean $70M in revenues, not profits rigth? If they had $70M in profits the market cap would be US$1-2B.

probably, im no financial

twadmin on Mon, 2005-10-24 07:51.

probably, im no financial geezer - i just got a rough translation from someone :)

figures

claus on Mon, 2005-10-24 09:31.

Revenue: SEK 598M in 2004 - that's USD 75.3M

Result: SEK 62M in 2004 - that's USD 8.7M

Around 45% of stock will be sold at between USD 11 and USD 15. First day of trade is November 8. On Stockholmsbörsen's O-list

:-)

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