hear.com N.V.
| General Information | |
| Business: | (Note: hear.com N.V. withdrew its IPO plans in an SEC filing dated March 16, 2022. The Dutch hearing aid company postponed its IPO just before noon EDT on May 13, 2021, citing the volatile U.S. stock market, just hours ahead of its scheduled IPO pricing after the market’s close.)
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.)
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| 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 |
| Status: | Withdrawn |
| Quiet Period Expiration Date: | Available only to Subscribers |
| Lock-Up Period Expiration Date: | Available only to Subscribers |
| SCOOP Rating | Available only to Subscribers |
| Rating Change | Available only to Subscribers |