July 12 - See an update at
Avast is gradually taking the steps to undergo an IPO (Initial Public Offering) on the NASDAQ exchange as AVST. They filed a second amendment to their F-1 with the Security Exchange Commission on May 7. The amended F-1, 150 plus pages of reading, including 23 pages of risk factors. Three years of financial statements are included. 2011 revenue was $82.1 million, a nice 69% increase over 2010’s $48.4 million in revenue. Avast promotes that they have around 160 million users of their products. According to the OPSWAT 2012 March “Security Industry Market Share Analysis”, Avast has the top spot, with 16.3% of the market.