Beauty brand olaplex has filed for IPO and has plans to raise further capital after several years of swift growth.
Olaplex’s S-1, filed Aug. 27 with the U.S. Securities and Exchange Commission, reveals further details about how well the company has fared so far, and its plan for the future.Olaplex centers around the technology developed by Christal, but said it is working to go into other categories. “We are also developing other potentially patentable technologies to support extension into non-hair care
and wellness categories that provide us with long-term growth opportunities,” the company said in the filing. That includes skin care, the company said.Olaplex posted a 90 percent jump in sales in 2020, during the pandemic, to $282.3 million, from $148.2 million in net sales in 2019. The company’s income decreased 36 percent in 2020, to $39.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Heavily Funded Electric Truckmaker Rivian Plans IPO With Confidential SEC FilingThe best-funded electric vehicle startup in U.S. history, backed by Amazon and Ford, is moving ahead with plans to go public as it prepares to start production of battery-powered pickups and SUVs.
Consulte Mais informação »
Rivian $80 bln IPO valuation risks electric shockRivian Automotive has a good shot at becoming a successful battery-powered vehicle maker. The 12-year-old firm has since February 2019 convinced credible investors including Ford Motor , BlackRock and T. Rowe Price to hand over $10.5 billion between them to help develop its all-electric pickup truck and SUV. And it has some revenue already in the bag, as another major backer, Amazon.com , will buy 100,000 of its vans. Now Chief Executive RJ Scaringe has filed confidentially for an initial public offering. There’s just one snag: an eye-watering potential valuation of $80 billion.
Consulte Mais informação »
Chinese A.I. firm SenseTime files for Hong Kong IPO despite tech crackdown and U.S. blacklistSenseTime did not disclose the size of the IPO but is pushing ahead with a listing even as China tightens regulation for the country's technology industry.
Consulte Mais informação »
Heavily Funded Electric Truckmaker Rivian Plans IPO With Confidential SEC FilingThe best-funded electric vehicle startup in U.S. history, backed by Amazon and Ford, is moving ahead with plans to go public as it prepares to start production of battery-powered pickups and SUVs.
Consulte Mais informação »
TXT's Hueningkai Just Wants to Make You Happy'It sounds kind of simple, but I'd like to see more people smile' HUENINGKAI
Consulte Mais informação »
TXT's Taehyun Is Ready for His Next ChallengePAPER is spending this week inside the minds of Tomorrow X Together.
Consulte Mais informação »