The latest tech company to join the IPO train with a filing for a public listing is AppLovin, an ad-tech platform for mobile app developers, mostly developers of video games. AppLovin has publicly released its S-1 filing for an IPO, giving a peek into the company’s finances with information not disclosed publicly before.

By the stats:

• AppLovin’s S-1 filing shows $1.45 billion in revenue in 2020, compared to $994 million in 2019 and $483 million in 2018. As it is, the company’s annual revenue tripled between 2018 to 2020, a signal of rapid growth.

• AppLovin isn’t profitable, reporting a net loss of $125 million in 2020, $119 million in 2019, and $256 million in 2018. The company has been able to withstand significant losses as its revenue grew rapidly thanks to venture equity and debt funding to the tune of $1.4 billion that it’s raised over the span of its existence.

• AppLovin ended 2020 with $317 million in cash and cash equivalents at hand.

AppLovin is an ad-tech platform adopted by developers to monetize their apps which are primarily video games in AppLovin’s case. The company also develops video games of its own through which it generates significant revenue.

With $1.4 billion in venture funding, AppLovin is backed by a roster of investors including Chinese buyout firm Orient Hontai Capital and American private equity firm KKR, and these two firms are listed as major AppLovin shareholders alongside its co-founders in the company’s S-1 filing.

AppLovin will list on the Nasdaq Global Select Market under the symbol “APP”.

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