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StockWatchIndex - GoPro
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StockWatchIndex Initiates Coverage on GoPro  
(NASDAQ: GPRO)
 
Los Angeles, California, September 10, 2014 – StockWatchIndex, LLC (SWI), a leading provider of financial information and advisory services for publicly traded companies on the NYSE, NASDAQ and OTCBB, today announced that it has initiated coverage on GoPro.

SWI has been carefully monitoring GoPro's development for a long time, from a small private company in San Mateo, California to a dominating market force, launching a successful IPO. We have picked GoPro, because it fits the characteristics that we have set for our advocacy of promising public companies; leading edge technology, a good business model and a management with a good track record that can implement an innovative business plan on a timely basis. We expect GoPro to show sustained and substantial growth over the years to come.

GoPro is transforming the way consumers capture, manage, share and enjoy meaningful life experiences. It does this by enabling people to capture compelling, immersive photo and video content of themselves participating in their favorite activities. GoPro customers include some of the world’s most active and passionate people. 
 
The volume and quality of their shared GoPro content, coupled with their enthusiasm for the brand, are virally driving awareness and demand for GoPro products. GoPro was  founded in 2004 to address the limitations of traditional cameras. In 2004, it shipped its first product, a wrist-mounted, waterproof, film-based capture device, and in 2006 it shipped its first digital capture device, the Digital HERO.  
 
As of June 30, 2014, GoPro products were sold to customers in more than 100 countries and through more than 25,000 retail outlets. 

• Completed Initial Public Offering at $24 per share raising $200.8 million, net
• Revenue increased 38% year-over-year to $244.6 million; up 4% sequentially
• Revenue strength with Big Box and Mid Market Retailers
• Gross Margin expansion of 990 bps year-to-year & 110 bps sequentially to 42.2%
• Number of GoPro videos published on YouTube up over 160% Y/Y; views on  YouTube up 200% Y/Y; video minutes   on YouTube up over 270% vs. Q2 2013

For more information, visit http://www.stockwatchindex.com/stock-watch-index/gopro/ .GOPRO® and HERO® are trademarks or registered trademarks of GoPro Inc. in the United States and other countries

About StockWatchIndex
StockWatchIndex.com is a widely frequented financial website and Newsletter thriving to stay ahead of the curve by providing credible insights into emerging and/or undiscovered companies with promising stock values and business models early in their development process. SWI’s newsletter publication "Rise Above The Noise" provides research and news for OTC, NASDAQ and NYSE stocks that we pick for the SWI WatchIndex, QuickPicks and the SWI Portfolio sections on the SWI web site. The “WatchIndex” section presents detailed information and current news for a variety of small and large, but always leading edge companies, in one convenient place. The stocks in the “QuickPicks” section represent the consolidated opinions of select financial analysts’ blogs and Wall Street firms that we respect and frequently sample and combine with our own research. The "SWI Portfolio" published in our SWI Newsletter, holds positions for many of the presented stocks, which we have bought at an early stage in the companies’ development.  SWI also provides consulting services to generate increased market awareness for public companies and provides complete turnkey service for private companies aspiring to go public.For more information about StockWatchIndex, please visit www.stockwatchindex.com
 
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StockWatchIndex (SWI) is not a registered investment adviser and makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in the publications for its Stock Watch List or on its web sites. The provided information is not to be construed as personal financial advice, or a solicitation to buy or sell stock. Some information has been generated by what SWI deems to be reliable third party entities, but SWI does not guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or  warrant any results from use of the information. We may have contracted with companies that we present as public relations consultants to keep our subscribers informed about the company, may be compensated in cash and stock options, or may be holding positions of stock that we have acquired for our portfolio. Readers are encouraged to consult their personal financial adviser before making any decisions to buy, sell or hold any securities mentioned herein. StockWatchIndex is not responsible for any error, mistake or shortcoming that may be occasioned at the time of publishing of the information in its Stock Watch List or on its web sites, nor is SWI obligated to update the information it publishes. StockWatchIndex expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information provided. The included information is subject to change without notice.
 
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