The Beauty Health Company Company profile
About Beauty Health Co
The Beauty Health Company is a category-creating beauty health company, which is focused on bringing products to market. It and its subsidiaries designs, develops, manufactures, markets, and sells aesthetic technologies and products. Its flagship brand, HydraFacial, has created the category of hydra dermabrasion by using a patented Vortex-Fusion Delivery System (Delivery Systems) to cleanse, peel, exfoliate, extract, infuse, and hydrate the skin with proprietary solutions and serums. The Company has omnichannel place Delivery Systems where consumers live, work, and play, including medical offices, Medi spas, day spas, hotels, resorts, gyms, wellness centers, and other retail settings. HydraFacial is accessible and appropriate for consumers across all genders, ages, and skin types. It provides Keravive, which is a treatment designed to cleanse, exfoliate, and hydrate the scalp. HydraFacial is available in over 90 countries with an install base of approximately 20,399 Delivery Systems.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Beauty Health Co revenues increased from $119.1M to $260.1M. Net loss increased from $29.2M to $375.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Change in fair value of Warrant liabilit increase from $0K to $277.3M (expense), General and administrative - Balancing v increase from $26.6M to $86.3M (expense).
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