🏦IPO READINESS
Investor Relations
VietCommerce IPO Readiness — Q1 2026
Post-Money Valuation
$1.56B
Unicorn Threshold: ✓
GMV 2026
$2.5B
+142% YoY
Revenue Run Rate
$70M
ARR projection
Take Rate
3.5%
vs Shopee 2.1%
EBITDA Margin
36%
Expanding +4pp QoQ
Monthly Recurring Revenue — USD
$2.8MOct
$3.5MNov
$4.2MDec
$4.9MJan
$5.4MFeb
$5.8MMar
MRR Growth
+12% MoM
ARR
$69.6M
Net Rev Retention
135%
All figures are forward-looking projections for investor presentation purposes only — Q1 2026