Beauty Tech Group Shines on Stock Market Debut
Beauty Tech Group, a London-based innovator in at-home skincare devices, has made a strong debut on the stock market today. The company, which owns brands like CurrentBody, ZIIP Beauty, and Tria Laser, saw its shares rise more than four percent on their first day of trading. This follows a successful IPO that raised £29m, making Beauty Tech Group debt-free and securing working capital for growth.
Beauty Tech Group's products have gained significant traction, with celebrities such as Kim Kardashian and Serena Williams endorsing them. The company's devices, including LED light therapy masks and laser hair-removal tools, have also been featured in popular shows like Netflix's Emily in Paris. This popularity has translated into impressive sales figures. In the first half of 2025, the company's sales rose by 27 percent to £55m, with products sold in over 90 countries.
The company's CEO and co-founder, Laurence Newman, sees the IPO as a means to increase brand awareness and drive further growth. Beauty Tech Group's IPO totalled around £106m, including shares sold by existing backers. After pricing its IPO at 271p per share, the company had a market value of around £300m. In 2024, the company's revenues reached £101m with adjusted earnings of almost £22m.
Beauty Tech Group's successful IPO and strong market performance demonstrate the growing demand for innovative, at-home skincare solutions. With a robust financial footing and high-profile endorsements, the company is well-positioned to continue its growth trajectory and expand its global reach.
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