Market PotentialSignificant opportunities in the dermatology market, with the potential for growth in the global treatment market expected to reach $44B by 2031.
Strategic TurnaroundThe company's turnaround plan is showing early signs of success, focusing on direct-to-consumer marketing, cost efficiency, and improving revenue per device.
ValuationShares currently trade at an EV/revenue multiple of 0.5x our 2025 estimate, below the peer average, suggesting potential for valuation growth.