Virgin Trains USA

General Information
Business:

We own and operate an express passenger rail system connecting major population centers in Florida, with plans to expand operations further in Florida, Las Vegas and elsewhere in North America. We are the first new major private passenger intercity railroad in the United States in over a century, and we believe our business represents a scalable model for twenty-first century passenger travel in North America. We currently operate between Miami and West Palm Beach, one of the most heavily traveled and congested regions in the U.S. We have commenced construction of the expansion of our Florida passenger rail system to Orlando, Florida, and we intend to further expand our rail service to Tampa, Florida. Louis Berger estimates the total potential addressable market of travelers across our Miami to Tampa corridor to be approximately 413 million trips annually.

Industry: RAILROADS, LINE-HAUL OPERATING
Employees: 322
Founded: 2013
Contact Information
Address 161 NW 6th Street, Suite 900, Miami, FL 33136, US
Phone Number (305) 521-4800
Web Address http://www.virgintrainsusa.com
View Prospectus: Virgin Trains USA
Financial Information
Market Cap
Revenues $5.2 mil (last 12 months)
Net Income $-87.1 mil (last 12 months)
IPO Profile
Symbol VTUS
Exchange NASDAQ
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Barclays/ J.P. Morgan/ Morgan Stanley
CO-Managers -
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change