hear.com N.V.

General Information
Business:
At hear.com, we are on a mission to bring high quality hearing care to anyone, anywhere. Since our founding in 2012, we have grown rapidly to become the largest online provider of expert, medical-grade hearing care globally. We reimagined the hearing care delivery model and pioneered a digital platform that enables us to deliver a highly engaging, end-to-end customer experience, which we call our Hearing Success Program. We first meet our consumers online before engaging with them telephonically to provide individualized advice on hearing care. Once the consumer decides to continue with hearing tests and fittings, we meet them locally through our global network of over 5,000 handpicked clinic locations, which we refer to as our partner providers, or remotely through our proprietary Clinic-in-a-Box (our tele-audiology solution). Hearing loss is a widespread and underserved problem. In 2018, the World Health Organization (WHO) estimated that 466 million people worldwide suffered from disabling hearing loss. (Note: Revenue and net loss figures are in U.S. dollars, converted from euros, for the FY ended Sept. 30, 2020.)
Industry: Services - Misc. Healthcare & Allied Services
Employees: 1388
Founded: 2012
Contact Information
Address Amsterdamsestraatweg 421 3551 CL Utrecht, the Netherlands
Phone Number +31 55 80 80 140
Web Address http://www.hear.com/
View Prospectus: hear.com N.V.
Financial Information
Market Cap $2051.65mil
Revenues $181.36 mil (last 12 months)
Net Income $-27.74 mil (last 12 months)
IPO Profile
Symbol HCG
Exchange NASDAQ
Shares (millions): 16.2
Price range $17.00 - $20.00
Est. $ Volume $300.1 mil
Manager / Joint Managers Morgan Stanley/ J.P. Morgan/ Deutsche Bank Securities/ Goldman Sachs
CO-Managers BofA Securities/ William Blair/ Truist Securities
Expected To Trade: 5/14/2021
Day: Friday
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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