Twitter made its S-1 filing available to the public Thursday, finally shedding some light on its initial public offering plans.
(Read more: Twitter lights up Twitter with Twitter IPO)
The company intends to trade under the ticker TWTR and seeks to raise $1 billion, according to the filing. Goldman Sachs is the lead underwriter on the deal.
(Read more: Twitter's entire S-1 filing )
Twitter has seen rapid growth recently. Last year revenue rose 198 percent, to about $317 million, while its net loss declined 38 percent, to about $79 million, the filing said.
According to the filing, Twitter has more than 215 million monthly active users, 100 million of whom are daily active users.
(Read more: Why Twitter's moving ahead with its IPO now )
Mobile is the primary driver of its business, and 75 percent of monthly active users access Twitter from a mobile device, according to the filing. Those monthly active mobile users account for over 65 percent of Twitter's advertising revenue from mobile. Twitter said it expects its mobile revenue to continue to grow in the near term.
Twitter's revenue per user for the first half of the year was $1.18. The company did not disclose what it was in the second quarter.
While Twitter's strong mobile presence gives it an edge against competitors, it still may face some headwinds.
Some risk factors the company listed in the filing include slowing growth of its user base and a decline in demand for its advertising products. It also listed government censorship abroad as a risk that could prevent it from growing internationally.
There's still a lot of information that won't be revealed until later—such as the number of shares the company plans to offer and the share price—but the filing does provide insight into which investors stand to make the most money from the offering.