Oddity Tech Ltd. Stock Price, News & Analysis

Oddity Finance LLC, a subsidiary of ODDITY Tech Ltd. (NASDAQ: ODD), announced a private placement offering of $350 million in 0% exchangeable senior notes due 2030, with an option for additional $50 million. The company, having $257 million in cash and an undrawn $200 million credit line as of March 31, 2025, plans to use proceeds for general corporate purposes and potential future M&A, though no imminent acquisitions are planned. The notes will be exchangeable for cash and/or Class A ordinary shares, with a portion of proceeds funding capped call transactions to offset potential share dilution. The notes won't bear regular interest and will mature on June 15, 2030, unless earlier exchanged, redeemed, or repurchased. The company emphasized that proceeds aren't needed for ongoing business operations but rather provide additional strategic flexibility.

ODDITY Tech Ltd. (NASDAQ: ODD) announced a significant block trade involving 5.5 million Class A ordinary shares by CEO and co-founder Oran Holtzman's affiliated entity. The transaction aims to increase the stock's free float and trading liquidity. Following the sale, Holtzman maintains approximately 23% ownership and retains majority voting control. He has committed to a one-year lock-up agreement and expressed no intention to sell additional shares. The company did not receive any proceeds from this transaction, which was executed under Rule 144 of the Securities Act of 1933.

ODDITY Tech reported exceptional Q1 2025 results, with net revenue reaching $268 million, up 27% year-over-year. The company's strong performance included:

• Adjusted EBITDA of $52 million
• Net income of $38 million
• Free cash flow of $87 million
• Gross margin improvement to 74.9%

Following these results, ODDITY raised its full-year 2025 outlook, now expecting:

• Revenue between $790-798 million (22-23% growth)
• Gross margin of 71%
• Adjusted EBITDA of $157-161 million

The company maintains a strong balance sheet with $257 million in cash and zero debt. Both IL MAKIAGE and SpoiledChild brands achieved double-digit growth. ODDITY plans to launch Brand 3 in Q4 2025 and continues expanding internationally while developing its ODDITY LABS molecule discovery platform.

ODDITY Tech (NASDAQ: ODD) has scheduled its first quarter 2025 financial results announcement for April 29, 2025, after market close. The company will host a conference call on April 30, 2025, at 8:30 a.m. Eastern Time to discuss the results.

Investors can join the earnings call via phone by dialing 1-877-407-9208 (US) or 1-201-493-6784 (international). A webcast will be available on the Investors section of ODDITY's website. For those unable to attend live, a replay will be accessible using the access code 13753125 by dialing 1-844-512-2921 (US) or 1-412-317-6671 (international). The webcast recording will remain available on ODDITY's investor website for seven days post-call.

ODDITY Tech (NASDAQ: ODD) reported strong financial results for Q4 and full year 2024. Full-year highlights include:

- Net revenue of $647 million (+27% YoY)
- Adjusted EBITDA of $150 million (+40% YoY)
- Net income of $101 million
- Free cash flow of $134 million

Q4 2024 performance showed:
- Net revenue of $124 million (+27% YoY)
- Gross margin of 72.7% (+330 bps YoY)
- Net income of $5.3 million

The company maintains a strong balance sheet with $169 million in cash and zero debt. ODDITY completed share buybacks worth $147 million in 2024, with $103 million remaining in the authorization. For 2025, ODDITY projects net revenue between $776-785 million and adjusted EBITDA of $155-158 million.

ODDITY Tech (NASDAQ: ODD) has scheduled the release of its fourth quarter and full year 2024 financial results for February 25, 2025, after market close. The company will host a conference call to discuss the results on February 26, 2025, at 8:30 a.m. Eastern Time.

Investors can participate in the conference call by dialing 1-877-407-9208 (US) or 1-201-493-6784 (international). A webcast will be available on ODDITY's investor relations website. For those unable to attend, a replay will be accessible via phone using access code 13751209 or through the company's website for seven days following the call.

ODDITY Tech (NASDAQ: ODD) has secured new credit facilities totaling $200 million with a syndicate of banks, doubling its previous $100 million facility. The company maintains a strong financial position with over $165 million in cash, cash equivalents, and investments as of December 31, 2024, with zero funds drawn from the new facility.

The enhanced credit facility will provide increased financial flexibility for various corporate initiatives, including growth initiatives, acquisitions, share buybacks, and general corporate needs. ODDITY operates as a consumer tech company that develops digital-first brands in the beauty and wellness industries, serving approximately 50 million users through its AI-driven online platform. The company owns IL MAKIAGE and SpoiledChild brands, with operations spanning New York City, Tel Aviv, and Boston.

ODDITY Tech (NASDAQ: ODD) announced the acquisition of Fionic1's tech intellectual property and AI research team. Fionic1, a fintech company known for advanced AI modeling capabilities, will integrate its specialized algorithms into ODDITY’s operations. The acquisition includes Asaf Nurick, Fionic’s co-founder and former CTO, along with core AI R&D team members. This move aims to enhance ODDITY's AI models, particularly in direct-to-consumer applications.

ODDITY’s CEO Oran Holtzman emphasized the strategic importance of this acquisition for expanding their AI capabilities, aiming to deliver superior consumer products and experiences. Asaf Nurick expressed enthusiasm about leveraging ODDITY’s platform to advance predictive technology. The transaction is not expected to significantly affect ODDITY’s financial position, liquidity, or 2025 earnings outlook.

ODDITY Tech (NASDAQ: ODD) has agreed to repurchase approximately 2.35 million Class A Ordinary Shares from L Catterton for $100 million at $42.501 per share. The transaction will be funded from existing cash resources and is separate from the company's ongoing $150 million share buyback plan announced in June 2024. Post-transaction, L Catterton will retain approximately 4 million shares (7% ownership). Year-to-date, ODDITY will have repurchased $147 million in shares. The company reports strong financials with $248 million in cash and equivalents, an undrawn $100 million credit facility, no debt, and $127 million in free cash flow for the 12 months ending September 2024.