← OLAPLEX HOLDINGS, INC.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Net sales | $282.2m |
$598.4m
+112.00%
|
$704.3m
+17.70%
|
$458.3m
-34.93%
|
$422.7m
-7.77%
|
$423.0m
+0.07%
|
$425.4m
+0.57%
|
|
| Cost of product (excluding amortization) | $96.6m |
$116.6m
+20.64%
|
$177.2m
+52.05%
|
$131.3m
-25.90%
|
$121.0m
-7.83%
|
$119.3m
-1.41%
|
— | |
| Total cost of sales | $102.7m |
$124.5m
+21.31%
|
$184.7m
+48.32%
|
$139.7m
-24.39%
|
$130.4m
-6.65%
|
$129.3m
-0.82%
|
— | |
| Gross profit | $179.6m |
$473.8m
+163.84%
|
$519.6m
+9.65%
|
$318.6m
-38.67%
|
$292.3m
-8.27%
|
$293.6m
+0.46%
|
$297.9m
+1.47%
|
|
| Selling, general, and administrative | $37.2m | $98.9m | $113.9m | $168.9m | $181.7m | $243.1m | $261.1m | |
| Total operating expenses | $93.5m | $139.7m | $155.2m | $210.4m | $225.4m | $286.7m | $292.5m | |
| Operating income | $86.1m |
$334.2m
+288.13%
|
$364.4m
+9.05%
|
$108.2m
-70.30%
|
$66.9m
-38.15%
|
$7.0m
-89.62%
|
$5.5m
-21.13%
|
|
| Interest expense | ($38.6m) | ($61.1m) | ($44.0m) | ($58.0m) | $59.6m | $41.3m | $34.7m | |
| Interest income | — | $0 | $2.8m | $18.8m | ($25.4m) | ($14.8m) | $11.6m | |
| Unrealized gain (loss) on derivatives, net of income tax effect | $0 | $0 | $2.6m | ($1.2m) | ($2.1m) | $428k | — | |
| (Loss) income before provision for income taxes | $47.3m | $275.6m | $305.2m | $76.7m | $26.9m | ($6.2m) | — | |
| Income tax provision | $8.0m | $54.8m | $61.2m | $15.1m | $7.4m | $3.1m | — | |
| Net (loss) income per share: Basic (in usd per share) | $0.06 | $0.34 | $0.38 | $0.09 | $0.03 | ($0.01) | — | |
| Net (loss) income per share: Diluted (in usd per share) | $0.06 | $0.32 | $0.35 | $0.09 | $0.03 | ($0.01) | — | |
| Weighted average common shares outstanding: Basic (in shares) | 635.4m | 648.2m | 649.1m | 654.6m | 662.0m | 666.5m | — | |
| Weighted average common shares outstanding: Diluted (in shares) | 636.8m | 689.9m | 691.0m | 677.6m | 665.4m | 666.5m | — | |
| Amortization of patented formulations | $6.1m | $8.0m | $7.5m | $8.3m | $9.3m | $10.0m | — | |
| Amortization of other intangible assets | $39.8m | $40.8m | $41.3m | $41.5m | $43.7m | $43.6m | — | |
| Tax Receivable Agreement liability adjustment | $0 | $3.6m | $3.1m | $7.4m | $3.9m | ($12.1m) | — | |
| Other (income) expense, net | ($190k) | $2.6m | ($18.0m) | $220k | $1.9m | ($1.3m) | $948k | |
| Net (loss) income | $39.3m | $220.8m | $244.1m | $61.6m | $19.5m | ($9.3m) | — | |
| Comprehensive (loss) income | $39.3m | $220.8m | $246.6m | $60.4m | $17.4m | ($8.8m) | — | |
| Total other (income) expense, net | — | $2.6m | ($18.0m) | $7.6m | $5.8m | ($13.4m) | — | |
| Total other comprehensive income (loss) | $0 | $0 | $2.6m | ($1.2m) | ($2.1m) | $428k | — |