Tokyo-based mobile app developer Ignis announced yesterday that it has been approved for an IPO on the Tokyo Stock Exchange Mothers Market. The company will be listed on July 15th.
Since its launch back in May of 2010, the company has surpassed over 50 million downloads by attracting users with more than 75 apps for iOS and Android. Their best selling apps include ‘AKB48 virtual phone’ ( iOS / Android ) which delivers new voice messages from the members of Japanese pop singer group AKB48 every month and allows you to enjoy listening to their messages in a way like talking over the phone with someone.The Bridge 6/11/2014 [en]
- The annual revenue ending September 2013 was about $9 million with $3 million operating profit. It looks relatively small IPO, but it may be a right timing to go listed this year.