Oura pulls $15bn stock market listing days after announcement
That compares to a $6.2m pre-tax profit in the previous year. Its most recent figures for the nine months to 30 June this year show pre-tax income of $70m on sales of $1.2bn. Oura, founded in Finland in 2013, has its global headquarters in San Francisco and makes smart rings – costing upwards of $300 – which monitor things such as its owner's heartbeat and sleep patterns which are analysed and presented on an app.
- ▪That compares to a $6.2m pre-tax profit in the previous year.
- ▪Its most recent figures for the nine months to 30 June this year show pre-tax income of $70m on sales of $1.2bn.
- ▪Oura, founded in Finland in 2013, has its global headquarters in San Francisco and makes smart rings – costing upwards of $300 – which monitor things such as its owner's heartbeat and sleep patterns which are analysed and presented on an ap
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| Publication time | Tue, 29 Sep 2026 17:17:07 GMT |
| Retrieval time | 2026-09-29T17:22:04.645Z |
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Oura pulls $15bn stock market listing days after announcementImage source, Getty ImagesImage caption, Oura's chief executive Tom Hale wears one of the company's smart ringsByDearbail JordanBusiness reporterPublished4 minutes agoOura has pulled its plan to sell shares in its business on the US stock market, in a move which would have valued the firm at $15bn (£11.3bn), just days after announcing it.The maker of smart rings which track their owners' health said it would postpone its flotation "due to uncertainty in the Initial Public Offering (IPO) market" and did not say when it might go ahead.Oura had filed official documents setting out plans to raise up to $2.2bn by offering shares in the business to investors just over a week ago.The tech firm has become the latest business to delay…
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