Aug 22 (Reuters) - Pattern Group recorded a 35% jump in

revenue in the first half of 2025, the e-commerce firm revealed

on Friday in its U.S. initial public offering paperwork.

With the IPO calendar set for a seasonal slowdown through

the end of August, corporate issuers are lining up for a

potential roadshow launch after Labor Day when the new listings

market kicks back into action.

Pattern had net income of $47 million in the six months

ended June 30 on revenue of $1.14 billion, compared with net

income of $35 million on revenue of $841 million a year earlier.

The Lehi, Utah-based company and some of its existing

stockholders will sell shares in the offering.

Founded as iServe in 2013 by David Wright and Melanie Alder,

Pattern is a so-called ecommerce accelerator that helps brands

grow faster across hundreds of global marketplaces such as

Amazon ( AMZN ), Walmart ( WMT ), Target ( TGT ), eBay ( EBAY ),

TikTok Shop and Mercado Libre.

While Pattern initially started by selling products from

a living room, it has since morphed into one of the top Amazon ( AMZN )

resellers globally.

More than 90% of Pattern's revenue in 2024 came from

consumer product sales on Amazon ( AMZN ).

In 2021, Pattern had raised $225 million at a $2 billion

valuation in a funding round led by investment firm Knox Lane.

Pattern's major backers include private equity firm

Banner Capital and investment firm KSV Global.

Goldman Sachs and J.P. Morgan are the lead underwriters for

the offering. Pattern will list on the Nasdaq under the symbol

"PTRN".