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Atlassian is big on its team.

Atlassian Corp., an Australian software company, could be the last of tech’s “unicorns” to go public in 2015, which could give a needed boost to a sputtering IPO market.

The company said it plans to issue 22 million shares at a price of $19 to $20, which would raise $440 million at the top end. At the high end of the range, the company would have a market cap of $4.17 billion, higher than its most recent private valuation of $3 billion.

The Australian software company was founded in 2002 and owns products — JIRA, Confluence, HipChat, Bitbucket and JIRA Service Desk — meant to organize and assist communication between software and non-software teams. Atlassian

TEAM, -0.68%

  was approved to list its shares on the Nasdaq exchange under the ticker symbol TEAM.

Here are six things to know before the Atlassian IPO:

1. The company is profitable…for now

Atlassian is profitable, posting net income of $6.8 million in 2015, $19 million in 2014 and $10.8 million in 2013. It had growing revenues of $148.5 million in 2013, $215.1 million in 2014 and $319.5 million in 2015.

But the company said it doesn’t expect to be profitable in 2016 by International Financial Reporting Standards and potentially in the near future, as it invests money into research and development and incurs costs associated with becoming a public company.

R&D has been a large part of the company’s spending, reaching $247.6 million in the past three fiscal years.

2. The co-founders stand to make millions

Atlassian was self-funded from its inception in 2002 to 2010, according to The Wall Street Journal. The company then raised venture funding so that its employees could sell back shares.

Because it hasn’t had much outside investment, the company’s two co-founders, Michael Cannon-Brookes and Scott Farquhar, are the largest shareholders in the company. After the initial public offering, each co-founder expects to own 33.6% of the company and to collectively have 86.7% of the voting power of the outstanding share capital.

3. The IPO is a boon for the U.S., maybe not for Australia

Atlassian’s decision to list in the United States comes amid a tough initial public offering climate, in which Square recently priced debut shares lower than its expected range and other startups have pulled or delayed IPOs.

The potential for a $370 million offering should be a positive injection to the lackluster U.S. IPO market at the end of 2015. But by listing in the U.S., the company is hurting its native Australia, which needs large tech companies like this to build out a market, according to Reuters. Others say just the recognition of an Australian tech company by the U.S. should help the Australian tech sector.

4. Reduced disclosure

Because Atlassian hasn’t reached the $1 billion revenue milestone, it reports as an emerging growth company, which means it has fewer reporting requirements as a public company.

Additionally, Atlassian is incorporated in the United Kingdom, and is a foreign private issuer under the SEC, meaning that it is exempt from certain U.S. disclosure rules. It is also exempt from United Kingdom reporting requirements because it isn’t listed there and said it doesn’t plan to list in the future.

5. The team, the team, the team.

Atlassian has a big focus on teamwork, which it says is particularly important in the software field.

“We also believe that the greatest lever teams have to advance humanity lies in the power of software innovation,” the prospectus says.

The idea of teamwork is even seen in the company’s C-suite, which includes two co-CEOs and two co-founders. Employees are encouraged to “Play, as a team” in order to solve problems.

Other values include: “Build with Heart and Balance,” “Don’t #@!% the Customer” and “Be the Change You Seek.”

6. Atlassian isn’t going door-to-door

Unlike traditional enterprise companies, Atlassian doesn’t have direct salespeople selling its products, and instead sells through its website and third-party sellers.

“We rely on word-of-mouth and low-touch demand generation to drive trial, adoption and expansion of our products within customers,” the company says in its prospectus.

More than 98% of the company’s sales come from its online marketplace. Atlassian uses channel partners to distribute its products.