ODDITY Tech Ltd. Class A Ordinary Shares
ODDODDITY Tech Ltd. (ODD) is a technology company that develops and offers innovative healthcare and wellness solutions. The company focuses on leveraging technology to improve personal health management through its digital platforms and health-related products. Its aim is to transform the healthcare experience by integrating data, technology, and personalized solutions.
Company News
Oddity Tech (ODD) is highlighted as a compelling AI growth stock applying artificial intelligence to the beauty industry. The company uses AI-powered product matching with 90% accuracy, computer vision tools for facial mapping, and generative AI to show customers potential results. Oddity also leverages biotechnology and AI for molecule discovery...
Three stocks across multiple sectors may draw the attention of investors looking for a momentum play - Oddity Tech Ltd, NeoGenomics Inc, and Comfort Systems USA Inc. These companies have seen significant share price improvements and positive analyst ratings, suggesting potential for continued upside.
Oddity Tech reported strong revenue growth of 27% in 2024, driven by its core brands IL MAKIAGE and SpoiledChild. The company is investing in future growth initiatives, including new brand launches and a biotech lab. Management remains committed to delivering 20% revenue growth and 20% adjusted EBITDA margins for 2025.
Oddity Tech, a financial services company, reported strong Q3 2024 results with 26% revenue growth, 20.8% adjusted EBITDA margin, and $119 million in free cash flow. The company highlighted the strength of its direct-to-consumer model, growth drivers like new brands and technology innovation, and its long-term financial objectives.
A class action lawsuit has been filed against ODDITY Tech Ltd. (NASDAQ: ODD) alleging the company made materially false and misleading statements about its AI technology, sales practices, and ongoing litigation.
