M&A
confidence high
sentiment positive
materiality 0.60
e.l.f. Beauty acquires rhode; rhode had $169M revenue in FY2024
e.l.f. Beauty, Inc.
- rhode's audited FY2024 net sales $168.96M, net income $29.93M, total assets $80.51M.
- rhode's cash $58.85M and members' equity $53.61M as of Dec 31, 2024.
- Equity-based compensation $16.39M; correction of prior-year error in reported comp.
- Unaudited pro forma financial statements filed for combined company as of June 30, 2025.