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GoodRx files for IPO, has been profitable since 2016

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Doug Hirsch, Co-Founder and C0-CEO of GoodRx.

Heidi Petty | CNBC

GoodRx, a company that helps consumers access prescription drugs at a discount, filed to go public on Friday. The company will list on the Nasdaq under the symbol GDRX.

It’s part of a recent spate of IPO filings from tech companies, including data analytics provider Palantir, data storage company Snowflake and telemedicine provider Amwell

But GoodRx has one thing these other fast-growing companies do not: A record of consistent profitability.

According to the filing, the company earned $55 million in profit for first half of 2020, up from $31 million in the first half of 2019 — a jump of 75%. Revenues for the first half of…



Source cnbc.com

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