Camera manufacturer GoPro wants to go public

GoPro, the company that releases helmet cameras, among other things, has filed an IPO with the Securities and Exchange Commission. The company has grown rapidly in recent years and now has a turnover of approximately 1 billion dollars.

According to a short press statement from GoPro, the company wants to go public as soon as possible once the mandatory regulatory process has been completed. The filing was filed with the Securities and Exchange Commission Friday. It is not yet clear when the IPO will take place exactly.

GoPro was founded in 2004. The company launched lightweight and extra sturdy cameras that can be worn on a helmet, among other things. In addition, the cameras from the Hero line were relatively cheap. The cameras are particularly popular with athletes.

In recent years, GoPro has been able to sell more and more products, including more and more accessories. GoPro’s financial results have also been good so far. In 2012, turnover would have amounted to approximately 500 million dollars, converted approximately 367 million euros, while in 2013 turnover would have doubled to approximately 1 billion dollars.