1. IPO Company：Samsara, Inc.
Position：Cloud-based SaaS platform
IPO date: 12/15/2021
Stock Code：IOT
Although the US stock environment is not very friendly to technology stocks recently, but a unicorn company with a valuation of over $10 billion ,$Samsara, Inc.(IOT)$Still worthy of attention.
Samsara is going public Wednesday, Dec. 15. Appropriately, it will start trading under the IOT ticker.
The California-based company predicts an opening price range between $20 and $23, and plans to offer 35 million Class A shares.
The IPO will raise $805 million , and the market value of the company may reach $11.5 billion, with Morgan Stanley and Goldman Sachs as sponsors.
Samsara is a cloud-based SaaS platform, focusing on industrial Internet of Things and fleet management, mainly providing fleet monitoring and telematics for vehicle operators.
By 2026, the scale of the Internet of Things will almost double to $1.4 trillion, and the industry is still in an expansion period.
It can be seen from the description that the company is in a very vertical and professional track, and the barriers to entry in the industry are relatively high. With high-quality products and services, the company has a very high customer retention rate.
A key indicator is that the company's customer retention rate is 115%, and the number of customers with annual income exceeding 100,000 US dollars has increased from 255 in 2019 to 715 at present.
Financially, in the first nine months ended October 30 this year, the company's revenue was 303 million US dollars, a year-on-year increase of 73%; The net loss reached 102 million US dollars, which was narrower than-174 million US dollars in the same period of last year.
Samsara is not bad in terms of track and growth. The only disadvantage is that at 4.03 dollars of annual income,The EV/sales ratio is about 30, which is not a cheap valuation for a technology company.
The California-based company predicts an opening price range between $20 and $23, and plans to offer 35 million Class A shares.
2.IPO Company：$Fresh Vine Wine, Inc
Position：Online celebrity star wine manufacturer
IPO date: 12/14/2021
Stock Code：VINE
Another company that will IPO this week is an American wine producer$Fresh Vine Wine, Inc(VINE)$.
The company is valued at less than $100 million at $9 to $10, raising $21 million in an IPO and going public on December 14.
The selling point of Fresh Vine Wine wine is low calorie, low sugar and pursuit of healthy life, including Chardonnay, Cabernet Sauvignon, Pink and Pinot Noir. The bottled price is between 15 and 22 US dollars, and the target audience of the product is people aged 18-34 who have spending power.
On the financial side, due to the great market opportunities for high-quality wines, it is expected to grow at a moderate rate in the next few years, and the company's revenue is also growing. As of September 30th this year, the company's total revenue was 1.05 million US dollars and its net loss was 8.09 million US dollars, but the company is still in a very early stage of development.
The biggest attraction of this company is its marketing ability.
One of the co-founders of the company is Nina Dobrev;, the female one of the Vampire Diaries; Another star partner, Julianne Hough, who is also Nina Dobrev's best friend, became popular for participating in the reality show Dancing with the Stars.They market their wines through their huge fan base in Instagram, and they have the feeling of social e-commerce, so they can't rule out the possibility that capital may use public opinion hype.
In addition, the co-founders include former executives of AB InBev, while the current CEO is a former global marketing officer of American Airlines.
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