The path forward – top five things IPO aspirants should do now
- Do what you do best — focus on the near-term, actionable growth drivers in your business.
- Capitalize on margin expansion opportunities and optimizing cash flow. Managing capital carefully and emphasizing profitability are paramount in this market environment.
- From a financing perspective, solve for liquidity before valuation.
- Integrate environmental, social and governance (ESG) into your strategic priorities.
- Last, but not least, don’t let your IPO plans get derailed. Continue to strategically manage your IPO preparation timeline and milestones.
Summary
While IPOs raised US$21.5b, there was still an 8% and 61% decrease year-over-year (YOY), respectively, in Q1 2023 due to prevailing market uncertainty.
Global IPO markets experienced a similar stuttering start to 2023
With a total of 299 IPOs raising US$21.5b, an 8% and 61% decrease year-over-year (YOY), respectively, Q1 was another quiet period amid interest rate rises, inflation and unexpected global banking industry turbulence. These and other findings were published in the EY Global IPO Trends Q1 2023.