Compass lost $270M in 2020, revenue up 56% : IPO filing
Lauren
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1 minute read
The IPO filing, known as a form S-1, provides the clearest look into the financials of the company, which is likely the fastest-growing U.S. residential brokerage in a generation. Compass’ revenue grew 56 percent in 2020 from $2.4 billion in 2019. It cut its losses from $388 million in 2019, and has lost a total of $1.1 billion as of Dec. 31, 2020.