initial public offerings (IPOs) trading on American exchanges

Friday, March 17, 2017

MuleSoft (MULE) began trading on the NYSE on 17 March 2017

  • San Francisco-based enterprise software company MuleSoft 
  • The offering of 13 million shares was priced at $17 each on Thursday, above the expected range of $14 to $16. 
  • Shares opened Friday up 43 percent, debuting at $24.25 apiece.
  • That values the company at nearly $3 billion, about double the valuation it commanded at its last private financing event in 2015.
  • MuleSoft makes software that automatically integrates disparate data, devices and applications to help businesses networks run faster. 
  • The company is not profitable, and last year shaved its losses to $50 million from $65 million the year prior, according to IPO filings. Its revenue in 2016 was $188 million, a 70 percent jump from the year before.
  • The company has more than 1,000 customers, including Coca-Cola Co, McDonald's Corp, Inc , Spotify and Unilever.
  • MuleSoft raised $221 million in its public offering, a modest sum next to Snap, which raised $3.4 billion, making it the largest U.S. technology debut since Facebook in 2012.



77 Geary St Fl 400
SAN FRANCISCO, CA 94108-5707
United States 

Website links

Key stats and ratios

Q4 (Dec '16)2016
Net profit margin-23.65%-26.42%
Operating margin-23.19%-25.77%
EBITD margin--24.73%
Return on average assets-27.67%-26.31%
Return on average equity--

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