Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Zoominfo Technologies IPO Valuation Analysis

Equity Capital Markets

ZoomInfo Technologies  / Equity Capital Markets

<a href="https://www.smartkarma.com/entities/zoominfo-technologies" target="_blank" data-smartkarma-citation="entities:28879:1" rel="noopener">Zoominfo Technologies (ZI US)</a> is getting ready for an IPO in the U.S. stock market in the coming weeks.  ZoomInfo Technologies, which operates a cloud market intelligence platform for sales and marketing teams, is seeking to raise up to $500 million in this IPO, which would be the largest software-related IPO in the U.S. so far in 2020. The company's software products help companies identify potential customers when selling their products or services. ZoomInfo Tech's software gathers, verifies, and updates business intelligence on thousands of companies, including useful information such as contacts, sales growth, organizational charts, and new hires. ZoomInfo estimates that it has approximately 192,000 paid users and more than 14,000 customers.The company generated sales of $293.3 million (up 103.3% YoY) and an operating income of $36.1 million (up 35.7% YoY) in 2019. However, its net loss increased from -$28.6 million in 2018 to -$78.0 million in 2019.The company is trying to complete this IPO in a very difficult IPO market due to the global fears about the COVID-19 coronavirus. Therefore, there is a good chance that this IPO gets postponed by a few months.

Zoominfo Technologies (ZI US) is getting ready for an IPO in the U.S. stock market in the coming weeks.  ZoomInfo Technologies, which operates a cloud market intelligence platform for sales and marketing teams, is seeking to raise up to $500 million in this IPO, which would be the largest software-related IPO in the U.S. so far in 2020. The company's software products help companies identify potential customers when selling their products or services. ZoomInfo Tech's software gathers, verifies, and updates business intelligence on thousands of companies, including useful information such as contacts, sales growth, organizational charts, and new hires. ZoomInfo estimates that it has approximately 192,000 paid users and more than 14,000 customers.The company generated sales of $293.3 million (up 103.3% YoY) and an operating income of $36.1 million (up 35.7% YoY) in 2019. However, its net loss increased from -$28.6 million in 2018 to -$78.0 million in 2019.The company is trying to complete this IPO in a very difficult IPO market due to the global fears about the COVID-19 coronavirus. Therefore, there is a good chance that this IPO gets postponed by a few months. 

ZoomInfo Technologies

Zoominfo Technologies IPO Preview