Ten years after its launch, Dropbox has filed for an IPO. The company's S-1 filing with SEC reveals revenue of $603.8 million, $844.8 million, and $1,106.8 million in 2015, 2016, and 2017, respectively, representing an annual growth rate of 40% and 31%.Dropbox generated net losses of $325.9 million, $210.2 million, and $111.7 million in 2015, 2016, and 2017, respectively. It also generated positive free cash flow of $137.4 million and $305.0 million in 2016 and 2017 compared to negative free cash flow of $63.9 million in 2015.
Currently, Dropbox has over 11 million paying users.
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