Stock Track | ODDITY Tech Stock Soars 5.6% Intraday on Stellar Q4 Results, Bullish Outlook and Expansion Plans

Stock Track

2025/02/28

ODDITY Tech Ltd. (ODD) stock soared 5.6% intraday on Thursday, fueled by the company's impressive fourth-quarter 2024 financial results and optimistic outlook for 2025.

The tech-driven beauty company reported a remarkable 27% year-over-year increase in revenue to $647 million for 2024. Additionally, adjusted EBITDA soared 40% to $150 million, reflecting robust profitability. ODDITY Tech also generated a strong free cash flow of $134 million, showcasing its solid financial position.

Both of ODDITY Tech's brands, Il Makiage and Spoiled Child, experienced double-digit revenue growth, with Il Makiage surpassing $500 million in revenue. The company is expanding its international presence, eyeing promising markets like the UK, Germany, and Australia.

Furthermore, ODDITY Tech's management set an ambitious target for 2025, projecting a 20% revenue growth and an adjusted EBITDA margin of 20%. This outlook, coupled with the company's consistent earnings beat and plans to launch a new telehealth brand, Brand 3, has bolstered investor confidence.

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(ODD) stock soared 5.6% intraday on Thursday, fueled by the company's impressive fourth-quarter 2024 financial results and optimistic outlook for 2025.</p>\n\n<p>The tech-driven beauty company reported a remarkable 27% year-over-year increase in revenue to $647 million for 2024. Additionally, adjusted EBITDA soared 40% to $150 million, reflecting robust profitability. ODDITY Tech also generated a strong free cash flow of $134 million, showcasing its solid financial position.</p>\n\n<p>Both of ODDITY Tech's brands, Il Makiage and Spoiled Child, experienced double-digit revenue growth, with Il Makiage surpassing $500 million in revenue. The company is expanding its international presence, eyeing promising markets like the UK, Germany, and Australia.</p>\n\n<p>Furthermore, ODDITY Tech's management set an ambitious target for 2025, projecting a 20% revenue growth and an adjusted EBITDA margin of 20%. This outlook, coupled with the company's consistent earnings beat and plans to launch a new telehealth brand, Brand 3, has bolstered investor confidence.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ODD","symbol_name":"ODDITY Tech Ltd.","start_time":0,"source_url":"","article_id":"1118772273","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1118772273","pubTimestamp":1740673592,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"ODDITY Tech Ltd.  stock soared 5.6% intraday on Thursday, fueled by the company's impressive fourth-quarter 2024 financial results and optimistic outlook for 2025.The tech-driven beauty company reported a remarkable 27% year-over-year increase in revenue to $647 million for 2024. Additionally, adjusted EBITDA soared 40% to $150 million, reflecting robust profitability. ODDITY Tech also generated a strong free cash flow of $134 million, showcasing its solid financial position.Both of ODDITY Tech'","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ODD":"ODDITY Tech Ltd."},"translate_title":"股票轨迹ODDITY Tech股价因出色的第四季度业绩、看涨的前景和扩张计划而盘中飙升5.6%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ODD":1},"content_text":"ODDITY Tech Ltd. (ODD) stock soared 5.6% intraday on Thursday, fueled by the company's impressive fourth-quarter 2024 financial results and optimistic outlook for 2025.\nThe tech-driven beauty company reported a remarkable 27% year-over-year increase in revenue to $647 million for 2024. Additionally, adjusted EBITDA soared 40% to $150 million, reflecting robust profitability. 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