Future PLC (FUTR) floated on AIM in June 1999, in the midst of the dotcom bubble. It listed at 385 pence per share, raising around £173 million, and valuing the company at £578 million. Within a year, its shares had risen by more than 100%. Within 2 years, its shares had fallen by almost 95% as its investments into new magazines and web sites failed to pay-off. While revenue jumped, it began to rack up losses.