Fitbit company valuation
WebAug 13, 2013 · Fitbit, a startup which makes a wide range of digital fitness trackers and health devices, has closed a $43 million funding round, according to an SEC filing. The … WebA company with a high N/A is considered to be overvalued; a company with a low N/A is considered to be undervalued. The N/A ratio of Fitbit Inc. is significantly lower than the median of its peer group: around 19.00. The company valuation of Fitbit Inc. according to these metrics is way below the market valuation of its peer group.
Fitbit company valuation
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WebJun 18, 2015 · Shares of Fitbit opened at $30.40, 52 percent above its initial public offering price of $20, valuing the company at more than $4 billion. Fitbit Inc. , the maker of … WebJan 22, 2024 · One year later, in September 2010, Fitbit had raised eight million dollars from various investors. They'd come a long way from that initial round of $400,000. As they started designing their new tracker, the company also started making its tech available in big stores across the country.
WebSep 27, 2024 · Fitbit Inc. (FIT), a pioneering developer of wearable fitness-tracking devices, saw its share price jump nearly 50% on the day of its celebrated listing in June 2015. WebJun 17, 2015 · The company and selling stockholders raised $732m in the flotation, valuing Fitbit at $4.1bn, after the number of shares on offer and the price range were increased …
WebJan 14, 2024 · Feature. In late 2024, Google announced a deal with Fitbit to acquire the company for over $2 billion, but in the time since, the deal has had to get the approval of multiple regulatory ... WebFitbit's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a …
WebJun 19, 2015 · Fitbit's current valuation is just above $6.6 billion or 5 times this year's expected net sales. ... Garmin's revenue was lower than Fitbit's, however the company reported a much higher operating ...
WebLegal Name Fitbit, Inc. Company Type For Profit Contact Email [email protected] Fitbit is a wearable, hardware, and software company that develops a technology designed for smartwatches to connect with iPhone and Android smartphones using Bluetooth. tpiat meaningWebCheck Fitbit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fitbit main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Fitbit financial statements analysis is a perfect complement when working with Fitbit … thermo scientific shke8000WebFeb 21, 2024 · ------ Fitbit Today ----- Fitbit went public in 2015, raising $731 million in IPO, for a valuation of $3.4 billion, more than 10 times its $300 million valuation after raising $84 million in venture capital. It was the largest wearables IPO ever, beating out GoPro, which exited at a valuation of $3.1 billion in 2013. tpiat surgery outcomesWebMar 5, 2013 · Fitness technology and hardware startup Fitbit is raising north of $30 million in growth capital at a $300 million-plus valuation, according to multiple sources. The company last raised $12 ... thermo scientific shakerWebAscension reports −2.9% operating margin in H1 2024, says improvement plan is beginning to make headway. Mar 10, 2024 05:00pm. thermo scientific shke2000WebJun 18, 2015 · Fitbit initially said it expected to sell its shares between $14 and $16. Shares of Fitbit closed the regular session at $29.68, good for a 48.4% gain over its $20 initial offering price, valuing ... thermo scientific sdbWebMar 15, 2016 · Fitbit's Valuation Is Absurd. Mar. 15, 2016 2:00 PM ET Fitbit, Inc. (FIT) 85 Comments. ... I'd wager most readers are familiar with Fitbit. The company is a market leader in wearable fitness ... thermo scientific screw cap micro tubes