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Going public means selling shares to outside investors on a stock exchange for the first time.
Oura, a ring maker, has filed to start that process, saying its business has seen significant revenue growth over the past year. The filing formally begins what is called an initial public offering, or IPO.
That process requires a company to disclose its financials in detail to regulators and make those records available to potential investors before any shares can trade.
For many companies, the IPO is the first time the public gets a clear look at the books. Revenue is the money a business takes in from sales before costs come out.
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