Oddity reports Q4 EPS 20c, consensus 13c

Reports Q4 revenue $ $124M, consensus $119.63M…Reports Exceeding financial guidance across every metric for the fourth quarter ended December 31. Strong double-digit growth for both IL MAKIAGE and SpoiledChild. Great progress in developing brands 3 and 4 to disrupt additional large beauty and wellness categories. Continued development and expansion of the ODDITY (ODD) LABS molecule discovery platform. Delivering $101M of net income and $150M of adjusted EBITDA for the full year of 2024. Generating $134 million of free cash flow for the full year of 2024.”2024 was a record-breaking year for ODDITY. We delivered outstanding results and exceeded our financial guidance every single quarter of the year, just as we have in the past 7 quarters since our IPO, while simultaneously making massive investments in our future,” said Oran Holtzman, ODDITY co-founder and CEO. “We once again proved the power of online. The strength of our direct-to-consumer model really stands out in this backdrop where others talk about weaker sales and excess inventory, yet we delivered net revenue growth of 27% for the year at a 23.3% adjusted EBITDA margin and with excellent free cash generation.” “I remain bullish on ODDITY’s future. We have positioned ourselves to win in the most important growth areas in our industry, including the consumer shift online and their increased demand for high performance products,” Holtzman continued. “Our brands today continue to deliver strong and profitable growth, while we build powerful engines for our future with new technology products, ODDITY LABS, and our new brands.”