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3 upcoming IPOs to watch in January 2022

A Russian car-sharing service and a fitness subscription service are among the top IPOs this month.

This year is starting slow in terms of companies going public, with few IPOs officially scheduled as January begins. The more popular IPOs in January 2022 could be the ones that postponed their IPO last year. Here are the listings you might want to add to your IPO radar.

Overview

Company nameTicker symbolExpected IPO dateExpected price range
Delimobil HoldingDMOBJanuary 2022$10 – $12
iFIT Health & Fitness IncIFITJanuary 2022$18 – $21
Aspire Global IncASPGJanuary 2022$7 – $9

We’re actively monitoring these IPOs and will update the page as more information becomes available.

1. Delimobil Holding

Delimobil is a Russian car-sharing company established in 2015. It has a fleet of over 18,000 cars in 11 cities. The fleet consists mostly of economy class vehicles, but there are premium vehicles as well — which can be rented long term — including Mercedes-Benz, BMW and Porsche.

By September 2021, the company had 7.1 million registered users, which is 78% growth from December 2019 when there were 4 million registered users.

  • Expected IPO date: January 2022
  • Exchange: NYSE
  • Ticker symbol: DMOB
  • Expected stock price$18 to $21
  • Publicly filed: F-1 form filed on Oct. 8, 2021

    Delimobil Holding is profitable

    Despite being hit hard by the pandemic, the company managed to be profitable even in 2020. In 2021, its revenue grew because the government eased the coronavirus measures. The expected valuation of the IPO is $900 million.

    Because the company is based and operates in Russia, it reports its finances in rubles. We’ll use the conversion rate of 70.22 rubles for 1 US dollar in the table below.

    FinancialsDecember 31, 2019December 31, 2020June 30, 2020June 30, 2021
    Delimobil Holding revenue$91.7 million$71 million$31.9 million$70.2 million
    Delimobil Holding net (loss) earnings($6.77 million)$1 million($7.41 million)$14.2 million

    2. iFIT Health & Fitness Inc

    iFIT Health & Fitness Inc is a health and fitness subscription technology company. It sold more than 10 million fitness products in 2021, making it one of the largest fitness equipment providers in the US. Their products include treadmills, bikes, ellipticals, rowers, climbers, strength equipment, fitness mirrors, yoga equipment and accessories. The company’s brands include iFIT, NordicTrack, ProForm and Freemotion.

    The company’s iFIT operating system offers interactive experiences, such as climbing Mt. Kilimanjaro, for $15 monthly for individuals or $39 monthly for families of up to five.

    • Expected IPO date: January 2022
    • Exchange: Nasdaq
    • Ticker symbol: IFIT
    • Expected stock price: $18 to $21
    • Publicly filed: S-1 form filed on Aug. 31, 2021

      iFIT Health & Fitness Inc is not profitable

      Despite selling $1.7 billion worth of products in 2021, iFIT is not profitable. This is mostly because the company has increased sales and marketing efforts, invested in research and development, expanded operating and retail infrastructure, made acquisitions and added content and features to its iFIT platform. A global expansion has also impacted its profitability.

      The IPO’s expected valuation is $6.4 billion.

      Year-end financialsMay 31, 2020May 31, 2021
      iFIT Health & Fitness Inc revenue$851 million$1.745 billion
      iFIT Health & Fitness Inc net (loss) earnings($98 million)($516 million)

      3. Aspire Global Inc

      Aspire Global Inc designs and sells e-cigarettes and vaping products worldwide. The company is incorporated in the Cayman Islands, but it’s based in China. Aspire sells most of its products in Europe and North America.

      The company is also expanding into original equipment and design manufacturing products. The first is using an Aspire design for a client but with the client’s logo, while the second is a fully designed and customized product to meet the client’s needs. As of August 2021, the OEM and ODM business represents a small portion of the company income, but Aspire Global hopes this will change in the future.

      • Expected IPO date: January 2022
      • Exchange: Nasdaq
      • Ticker symbol: ASPG
      • Expected stock price$7 to $9
      • Publicly filed: S-1 form filed on July 26, 2021

        Aspire is profitable

        Selling e-cigarettes and vaping products seems to be working well for Aspire, judging by its financials. However, the revenue and net earnings haven’t been consistent for the past two years. This inconsistency could partly be due to the pandemic, but we need to see the company’s future performance to know for sure.

        Aspire Global expects a valuation of around $1.2 billion from the IPO.

        FinancialsDec. 31, 2019Dec. 31, 2020June 30, 2019June 30, 2020
        Aspire revenue$40.9 million$44.2 million$122 million$79 million
        Aspire net (loss) earnings$8.5 million$835 thousand$42 million$19 million

        How to invest in IPOs

        Thanks to some trading platforms, investing in IPOs is available to everyday traders. Here’s how it works:

        1. Use the right platform. Trading platforms such as Robinhood, Webull and SoFi let you order some IPO stocks before they hit the market, at IPO offering prices.
        2. Find the IPO stock you want to buy. Select the stock and enter the number of shares you want to buy and at what price.
        3. Review your order. And submit when ready. Some platforms may ask you to confirm the order before the IPO.

        Compare trading platforms

        If your trading platform doesn’t offer early access to IPO stocks, you can use any of the following to buy when the stock goes public.

        Name Product Asset types Option trade fee Annual fee Signup bonus
        TradeStation
        Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
        $0 + $0.50/contract
        $0 per month
        $10 of crypto
        Open an account with access to crypto
        A platform built for all kinds of traders and all styles of trading
        SoFi Invest
        Stocks, ETFs, Cryptocurrency
        N/A
        0%
        Get one free stock worth up to $1,000
        Open an account
        A free way to invest in most equities.
        Robinhood
        Stocks, Options, ETFs, Cryptocurrency
        $0
        0%
        Free stock (chosen randomly with a value anywhere between $2.50 and $200)
        Sign up using the "go to site" link
        Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
        Moomoo
        Stocks, Options, ETFs
        $0
        $0 per year
        Get a free stock valued up to $3500
        Open your Futu brokerage account via Moomoo
        Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
        JPMorgan Self-Directed Investing
        Stocks, Bonds, Options, Mutual funds, ETFs
        $0 + $0.65/contract
        0%
        $125 - $625
        Open and fund an account with $25,000 - $250,000+
        INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
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        Compare up to 4 providers

        *Signup bonus information updated weekly.

        Disclaimer: The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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