OneStream is public!

JaminBall
07-25

$OneStream, Inc.(OS)$ is public! They priced their IPO at $20 / share (above range of $17 - $19).

The stock is now trading ~$26 / share, which is roughly ~11x NTM revenue. This would put them in the top 10 software multiples (they're also one of the fastest growing public software co's)

On a LTM basis they grew 37%, which is the 4th fastest of the public software universe. They are also profitable, with 11% LTM FCF margins

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https://x.com/jaminball/status/1816170011729526837

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