Fox Factory Holding (FOXF) Files $120M IPO
Tweet
Share
E-mail
Get Alerts FOXF Hot Sheet
Join SI Premium – FREE
Fox Factory Holding Corp. (Nasdaq: FOXF) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $120 million. The company plans to list on the Nasdaq Global Select Market under the ticker, "FOXF."
The offering is being made through Baird, William Blair, and Piper Jaffray.
Financial summary from the company: We have experienced strong sales and profit growth during the past few years. Our sales increased from approximately $45.7 million for the three months ended March 31, 2012 to $54.9 million for the three months ended March 31, 2013. Over the same period, our net income increased from $2.6 million to $3.5 million, and our adjusted EBITDA increased from approximately $6.4 million to $8.8 million. Our sales increased from approximately $131.7 million in 2008 to $235.9 million in 2012. Over the same period, our net income increased from approximately $3.8 million to $14.2 million. Our Adjusted EBITDA increased from approximately $26.8 million in 2010 to $36.0 million in 2012. See “Summary consolidated financial data—Non-GAAP financial measures” for the definition of Adjusted EBITDA and a reconciliation from net income to Adjusted EBITDA.
Fox Factory is a designer, manufacturer and marketer of high-performance suspension products used primarily on mountain bikes, side-by-side vehicles, or Side-by-Sides, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, or ATVs, snowmobiles, specialty vehicles and applications, and motorcycles
The offering is being made through Baird, William Blair, and Piper Jaffray.
Financial summary from the company: We have experienced strong sales and profit growth during the past few years. Our sales increased from approximately $45.7 million for the three months ended March 31, 2012 to $54.9 million for the three months ended March 31, 2013. Over the same period, our net income increased from $2.6 million to $3.5 million, and our adjusted EBITDA increased from approximately $6.4 million to $8.8 million. Our sales increased from approximately $131.7 million in 2008 to $235.9 million in 2012. Over the same period, our net income increased from approximately $3.8 million to $14.2 million. Our Adjusted EBITDA increased from approximately $26.8 million in 2010 to $36.0 million in 2012. See “Summary consolidated financial data—Non-GAAP financial measures” for the definition of Adjusted EBITDA and a reconciliation from net income to Adjusted EBITDA.
Fox Factory is a designer, manufacturer and marketer of high-performance suspension products used primarily on mountain bikes, side-by-side vehicles, or Side-by-Sides, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, or ATVs, snowmobiles, specialty vehicles and applications, and motorcycles
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Parabilis Medicines closes $770.5 million IPO and concurrent private placement
- Vivos Therapeutics plans rights offering to raise capital
- Mohawk Industries names Paul De Cock as CEO effective September 2026
Create E-mail Alert Related Categories
IPOsRelated Entities
Piper Jaffray, William Blair, Robert W BairdSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
