The latest announcement is out from ODDITY Tech Ltd. Class A ( (ODD) ).
ODDITY Tech Ltd. reported record financial results for the fourth quarter and full year of 2024, with a 27% increase in net revenue and a 40% rise in adjusted EBITDA. The company exceeded its financial guidance, highlighting the strength of its direct-to-consumer model amid industry challenges. ODDITY also repurchased shares and maintained a strong balance sheet with no debt. Looking forward, the company plans to continue its growth by expanding its brand portfolio and investing in new initiatives such as ODDITY LABS and new brand developments.
More about ODDITY Tech Ltd. Class A
ODDITY Tech Ltd. operates in the beauty and wellness industry, focusing on direct-to-consumer sales. The company is known for its brands such as IL MAKIAGE and SpoiledChild, and is expanding into new technology products and platforms like ODDITY LABS.
YTD Price Performance: 2.42%
Average Trading Volume: 402,485
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.45B
For an in-depth examination of ODD stock, go to TipRanks’ Stock Analysis page.