Oddity, the Israel-based Beauty and tech company that runs the Il Makiage and Spoiled Child brands, has filed to go public on Nasdaq with the ticker symbol ODD. The company, which uses data and AI to develop brands and tailored product recommendations for customers, reported $165.65m in revenue in Q1 2022, up from $90.41m in the year-ago period. Oddity has been profitable on an annual basis since at least 2020 and brought in $324.52m in sales in 2022, with a net income of $21.73m.
The post Beauty and tech company Oddity, which runs Il Makiage, files to go public appeared first on Balanced News Summary.