Oddity Tech .(US:ODD)2024-03-06 16:17Financial Performance Highlights - FY 2023 net revenue reached $508.7 million, a 57% increase year-over-year[46] - FY 2023 adjusted EBITDA was $107.3 million, representing a 172% increase[47] - Q4 2023 net revenue was $97.2 million, a 44% increase compared to Q4 2022[60] - Q4 2023 adjusted EBITDA increased by 520% to $16.3 million[61] - FY 2023 free cash flow was $85.4 million, a 133% increase[66] - FY 2023 gross margin was 70.4%, an increase of 320 bps[64] - Q4 2023 adjusted EBITDA margin was 16.8%, an increase of 1290 bps[44] - FY 2023 adjusted EBITDA margin was 21.1%, an increase of 900 bps[65] Guidance and Outlook - The company projects Q1 2024 net revenue to be between $43 to $45 million[6] - The company anticipates FY 2024 net revenue to be between $620 to $630 million, representing a growth of 22% to 24%[57] - The company expects FY 2024 adjusted EBITDA to be between $136 to $140 million[42]