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Box IPO filing: The key numbers

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
March 24, 2014, 8:57 PM ET

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.

174,000

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.

25.5%

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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