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THE COMPANY BEHIND GoPro cameras used to capture sports action from players’ perspectives filed on Monday to raise $100 million in a public stock offering.
Silicon Valley-based GoPro didn’t disclose how it planned to price shares, but it did reveal that it is already profitable, making a net income of $60.6 million (€44 million) on nearly a billion dollars in revenue last year.
GoPro said in a filing with the US Securities and Exchange Commission that profit slowed to $11 million on $235.7 million (€172 million) in revenue in the first three quarters of this year.
“GoPro is transforming the way consumers capture, manage, share and enjoy meaningful life experiences,” the company said in the SEC filing.
“We do this by enabling people to capture compelling, immersive photo and video content of themselves participating in their favorite activities.”
GoPro cameras have become common among people involved in extreme sports and routine athletic outings, and have even been used by emergency or disaster workers.
The company said in the filing that video shared by users has resulted in “virally” driving awareness of and demand for the small cameras.
“What began as an idea to help athletes document themselves engaged in their sport has become a widely adopted solution for people to document themselves engaged in their interests, whatever they may be,” GoPro said in the filing.
The company that started as Woodman Labs became GoPro in 2004, and has its headquarters in the Northern California city of San Mateo.
It plans to list on the NASDAQ and trade under the symbol ‘GPRO.’
GoPro did not specify how it planned to use money raised in the initial public offering of stock other than to say it will be used to run the company and repay debt.
GoPro cameras are sold in more than 100 countries. They were the top selling camcorder in the United States last year, according to NPD Group figures cited in the filing.
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Finally the supporting evidence for a new skanger tax.
@Tweed Cap: stupid stats based on personal opinions..peoples idea of healthy/unhealthy is very subjective.
@Tweed Cap: ha ha I thought Skanger tax went out with the Greyhound skirt……!!
@Tweed Cap: to be fair, not often you see a thin skagner
@MaryLoonyMcDonald: Since Ireland has no doctors, you can’t really have stats based on anything else than personal opinions.
@Eamo Hansen: Pop down to the board walk and have a butchers, you will see plenty skin and bones along there.
I don’t think it’s correct to say that Dublin is home to the people with the worst health, it is home to the people who THINK they have the worst health. It was a very subjective question.
Breaking news Dublin has the highest percentage of people in Ireland
@Conor O’Regan: Breaking news: Commenter doesn’t understand percentages
Breaking news: original commenter is perfectly correct in saying that dublin has the highest percentage of people in Ireland making replying commenter understanding of percentages unsure
Breaking news: Supplies of unbroken news running dangerously low.
@Conor O’Regan: Id ask the Dublin City Council to see If they could come up with some initiatives or ideas to try help but they are busy with motions on whose flag we should fly on City Hall in support of problems in other cities in the world so best leave them alone. ….Maybe try the HSE they seem like an organised bunch…..
I know someone who brings in Christmas cake for lunch in the new year. He eats it in between 2 cuts of bread….. He is from Dublin!
@Alan O’Rourke: I know someone who makes irrelevant comments about co-workers eating Christmas Cake just after Christmas.
@Alan O’Rourke: A cake sandwich? Jaysus I heard it all now.
@Bat Daly: if only your powers of deduction matched your moodiness! I don’t work with them at all! Muhahahaha
@Alan O’Rourke: I know a few that eat Xmas pudding on bread. Vile.
Walk down Talbot Street and you will believe it.
@John O’Neill: you would think most of them would be fit and healthy what with all the tracksuits they wear.
Monster Munch and Spice Bags : Dublin Cuisine
@TonyF: Along with your grammar! worst…..w o r s t.
Maybe you should change the headline to say ‘the highest proportion’??
Surely health should include your mental health as that very important in deciding your overall health so how could the many people stressed out with insane rents and no security of tenure be in good or very good health nevermind even fair health with the stress that causes.
@Jay Lane: Spot on. These are Government survey figures that were created by the government, and I’d say that they’re either a very, very reserved and tweaked and re-tweaked calculation, or they were performed while the subjects were highly intoxicated. There’s way too much damage and hurt out there, much more than you can imagine.
@Jay Lane: Not that many people are really stressing about it. As a portion of the population not that many are really renting and then only a portion of that are struggling. Don’t let the headlines fool you. Dublin also has a big concentration of wealth so many don’t have financial worries.
Living in a remote area of a dwindling population with no social outlet is probably more of a problem. Pretty sure that is backed up by suicide figures too.
@Jay Lane: Bravo, well said ! Students in particular, live in hovels and pay enormous rents whilst having the worry of exams. It is nigh impossible for people to buy a home in Dublin, people who are from Dublin, and want to stay here.
13.5% of the country have a disability?? That’s more than one in eight of us, this is quite alarming to me. No wonder the health service costs the state so much with the amount of people obviously claiming disability for one thing or other on top of the layers of middle and upper management pushing and stamping paper from one desk to another.
@Derek: The DSP take years to finalise any disabiity payment & you of course everyone has to prove their disability by many doctors & DSP inspectors. The DSP even send letters out every year asking people if their leg has grown back and if their son/daughter still has Down Syndrome. This is the indignity of the DSP system & with a medical card they can only join the 700,000 other citizens waiting and even dying in agony on the waiting listso including many vulnerable children and elderly people who have to beg their dignity away on liveline etc to try get their vital operations. Disabilities also cost far more than pittance sub sistance the government gives especially electricity and heating costs, with the government increasing the Green Party’s tree hugging PSO levi last month,months before their measly increase & so the government will rob the increase well before Christmas never mind the end of march when the measly increase is due,nearly 3 months after every employee gets their increase on New years day.
What else would you expect when it’s the local Chipper that’s used to feed the family on a daily basis.
Sure isn’t Dublin stuffed solid with Culchies, revving up their shiny new cars and polluting the population in Dublin, especially around Sandyford where the likes of me, a Dub, has to live and breathe. Asthma, Bronchitis, cardiovascular ailments are rampant on busy roads, so will yiz all go home and get back to organic farming or take early retirement from the Civil Service. If Dublin is such a sh-t hole, go home. laugh.
@Rosemarie Martin: it’s not shiny cars I said you should be fretting about Rosie
Well we’ve always carried more weight in Ireland. Hooray for the tubby-dubs.
@O Swetenham: up the flats
There is a huge obesity problem in Ireland in general. It is absolutely shocking walking around Dublin city centre and see the amount of overweight people. Our health services is already on its knees, it will be on the floor within a decade with all the obese related illness piling up.
People who think they’re unhealthy. Maybe the rest of the country is just deluded.
Such a high percentage of people class themselves healthy yet there is such a high percentage of overweight & obese people. Lots are living in denial or lots dont really understand what proper health actually feels like perhaps..
Given the staggering levels of overweight and obesity in Ireland it’s clear many people are in denial about their state of health.
Typical Jackeens. You just can’t teach some people.
Work hard, play hard.
@Diar O Doc: Drink hard, eat hard…
The census question actually referred to significant visual impairment.including both mild and severe, research estimates 225,000.
Check out @FitFlick… new social fitness app coming to Dublin soon. Founded by two DCU graduates.
The situation will get worse when those “surplus” parks get built on.
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