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Mar 31, 2021
Beauty Health Q1 2021 Earnings Report
Reported record first quarter results and updated fiscal 2021 outlook.
Key Takeaways
The Beauty Health Company reported a strong first quarter with net sales of $47.5 million, a 46% increase year-over-year. The company's performance was driven by strong sales in both delivery systems and consumables, and they have updated their top-line guidance for 2021 to approximately $200 million.
Q1 net sales reached $47.5 million, up 46% from Q1 2020.
Delivery system sales increased to $25.6 million, compared to $14.1 million in Q1 2020.
Consumables sales increased to $21.9 million, compared to $18.5 million in Q1 2020.
Q1 operating income was $2.4 million, a significant improvement from the $7.3 million operating loss in Q1 2020.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For fiscal year 2021, the company expects net sales of approximately $200 million, adjusted EBITDA of approximately $25 million, and up to $15 million in capital expenditures.
Positive Outlook
- Net sales of approximately $200 million.
- Adjusted EBITDA of approximately $25 million.
- Up to $15 million of capital expenditures.
- Expected results from the anticipated acquisition of certain distributors in the first half of 2021.
- Assumes a largely reopened global market.
Challenges Ahead
- Subject to risks and uncertainties disclosed in filings with the Securities and Exchange Commission.
- Does not take into account the impact of any unanticipated developments in our business or changes in our operating environment.
- Does not take into account any unannounced acquisitions, dispositions or unannounced financings during 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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