Silk Laser Australia

This company operates a network of franchised clinics that do laser hair removal, body sculpting and cosmetic injectables. The company had a good year in FY21, beating prospectus forecasts with revenue of $58.9m and underlying EBITDA of $14.8m. Silk Laser benefits from strong underlying demand for beauty treatments from women across multiple age demographics and has a strong pipeline of potential franchisees. The Net Promoter Score for the clinics is very high, at 78 in FY21. We believe the end ...

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