How did ODDITY Tech's revenue and expenses trend in Q4 2024?
5/9/2025 04:29pm
ODDITY Tech's revenue and expenses in Q4 2024 showed a positive trend in revenue and a slight increase in net income. Here's a detailed analysis:
1. **Revenue Trend**: The company's revenue for the quarter was $261.05 million, with a segment basis revenue of $7.02 million from the "Business - Other" segment and the remaining $254.03 million from the "Business - Online Direct-To-Consumer" segment. This indicates a strong overall revenue performance, with the majority coming from the online direct-to-consumer segment.
2. **Net Income**: ODDITY Tech reported a net income of $5.3 million for the quarter. This is a positive indicator of the company's profitability during the period.
3. **Expenses**: The total expenses for the quarter were $123.64 million. While the exact breakdown of expenses is not provided, the company's ability to generate a positive net income despite these expenses suggests that they have managed their costs effectively.
4. **Comparison with Previous Quarters**: Unfortunately, the data does not provide a comparison with previous quarters, so it is unclear whether these figures represent an improvement or decline from earlier periods.
In conclusion, ODDITY Tech showed strong revenue and profitability in Q4 2024, with revenue exceeding $250 million and a net income of approximately $5.3 million. The company's ability to manage expenses effectively contributed to this positive financial performance.