Box is going public. Here are the numbers you need to know.

By Dan Primack
March 24, 2014

FORTUNE — Cloud-based content management and file-sharing company Box today filed for a $250 million IPO, setting the stage for one of the year’s most highly-anticipated public offerings. It plans to trade on the NYSE under ticker symbol BOX, with Morgan Stanley MS , Credit Suisse CS and J.P. Morgan JPM listed as lead underwriters.

We’re still reading through the filing, but here are a few key numbers that jump out at us:

$124 million

That’s the amount of revenue Box reports for the year ending January 31, 2014. It compares to around $59 million for fiscal 2012 and just $21 million for fiscal 2011.

$169 million

That’s how much Box lost last year. The only real upside is that its losses are growing at a lower rate than are its revenues increasing. For example, Box had a net loss of $112.5 million for fiscal 2012 and around $50 million for fiscal 2011. As for cost increases, Box more than doubled both R&D and sales & marketing expenses last year.


That’s Box’s number of billings last year, compared to 85,700 the prior year.

$109 million

That’s how much cash Box has on hand. Guess that means it hasn’t yet tapped any of the $100 million in Series F funding that it raised at the end of last year.


That’s the percentage of Box currently owned by venture capital firm Draper Fisher Jurvetson, which led the company’s $1.5 million Series A round back in 2006. Other significant shareholders include U.S. Venture Partners (13%), General Atlantic (8.4%), Scale Venture Partners (7.4%), Bessemer Venture Partners (5.6%) and Meritech Capital Partners (5.1%).

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