You may soon be able to buy Corsair Shares – Corsair Gaming files a $100 million IPO

Over the past few years, Corsair Gaming has expanded to cover almost every area of the PC market, acquiring Elgato Gaming, SCUF Gaming and Origin PC in recent years to complement their existing presence within the PC hardware and accessories markets. 

Now, Corsair Gaming plans to go public, having filed a $100 million IPO which could see the company listed as CRSR on the NASDAQ stock index. Today, Corsair produces almost everything that a gamer or streamer could possibly need, but its recent acquisitions have left the company with several large loans to repay.

Last year, Corsair reportedly generated over $1.3 billion in revenue, though their gross margins were relatively low as 24.2%, netting the company an income of $31.3 million.

Given the continued growth of the PC/gaming markets, now is a great time for Corsair to consider going public. At this time it is unknown when Corsair will go public, though it is likely that we will hear more before the end of 2020.