Why did Liftoff refile for an IPO?

Liftoff refiled for an initial public offering two months after withdrawing its previous registration.

What were Liftoff's 2025 financial results?

In 2025, Liftoff reported a net loss of $23.1 million on revenue of $685.7 million.

How does Liftoff generate its advertising revenue?

Liftoff uses its internally developed neural network-powered AI prediction model called Cortex to generate its core advertising revenue.

Home / Business and Economy / Liftoff Files for IPO Again After Pulling Previous Plan

Liftoff Files for IPO Again After Pulling Previous Plan

18 Apr

•

Summary

Liftoff filed for an IPO again after withdrawing a prior attempt.
The company reported a net loss of $23.1 million on revenue of $685.7 million in 2025.
Liftoff uses an AI prediction model called Cortex for advertising revenue.

Liftoff Files for IPO Again After Pulling Previous Plan

Liftoff Inc. has once again filed for an initial public offering, marking a second attempt after previously withdrawing its registration. This move comes two months after the Blackstone Inc.-backed company pulled its planned IPO, which had aimed to raise up to $762 million.

In 2025, Liftoff experienced a net loss of $23.1 million, with revenues reaching $685.7 million. This contrasts with the prior year, where the company reported a net loss of $48.2 million on revenue of $519.3 million. The company's platform, which aids in placing advertisements within mobile applications, relies on its internally developed AI prediction model, Cortex, to drive its advertising revenue. This platform achieved a reach of approximately 1.4 billion daily active users worldwide during the fourth quarter.