Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today were digging into One Medicalsupdated IPO filing released this week.
The document contains directional pricing information that will help us understand where the tech-enabled medical care startup expects the market to value itself and also details its Q4 2019 Preliminary Estimated Unaudited Financial Results, which gives us a fuller picture of its financial health.As well see, One Medicals expected valuation matches secondary-market transactions in the firms equity, and, at the upper-end of its proposed IPO range, represents a solid boost to its final private valuation.
Afterwards, well dig back through the companys numbers, figure out its implied revenue multiple and make a bullish and bearish argument for the companys hoped-for IPO valuation.Its going to be fun! (For a general dive into the companys IPO filing, head here.)