Neo4j’s financial performance underpins its strong market position. The company boasts an impressive $200 million in annual recurring revenue and anticipates becoming cash flow positive in 2024.
I'm focused on making sure that we're IPO-able, that we have the ability to go public when the time is right,” CEO Emil Eifrem stated, highlighting readiness for market conditions.
The planned IPO is expected to follow Klarna's footsteps in targeting a US listing, taking advantage of the more favorable analyst coverage and liquidity offered by American exchanges.
Eifrem noted that the US is the most 'logical' venue for listing, echoing sentiments expressed by major stakeholder Greenbridge Holdings.
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