earnings
confidence high
sentiment positive
materiality 0.75
Evolus Q4 revenue $34.7M (+68% YoY); 2021 revenue $99.7M (+76%); 2022 guidance $143-150M reaffirmed
Evolus, Inc.
- Q4 2021 net revenue $34.7M, up 68% from Q4 2020; full-year revenue $99.7M, up 76% over 2020.
- Cash and cash equivalents $146.3M at Dec 31, 2021, including $68.7M from first tranche of $125M term loan.
- Reaffirmed FY2022 revenue guidance of $143-150M (43-50% YoY growth); expects adjusted gross margin 58-61%.
- Added 400 new accounts in Q4 and 1,400 in 2021; total accounts >7,000 with reorder rate >70%.
- Phase II extra-strength Jeuveau study on track for first patient Q1 2022; Nuceiva EU launch planned Q3 2022.