These appear to be private companies, which means that financial
information is not publicly available in most cases. Fortunately,
SkinMedica has just filed the paperwork for an initial public
offering, so they have had to reveal considerable financial
information.
"SkinMedica, a developer of products to treat dermatological
conditions and to improve skin appearance, filed for its IPO Wednesday
evening. The Carlsbad, CA-based company currently has 2 pharmaceutical
(one of which is the only approved prescription available that has
been clinically shown to reduce the growth of facial hair on women)
and 19 cosmetic products that generated $22.1 million in sales for the
FY ended December 2004. SkinMedica, nevertheless, has not turned a
profit in its brief operating history (Incorporated in 1999).
Underwriting the deal will be SG Cowen, Piper Jaffray, Thomas Weisel,
and CE Unterberg Towbin. Terms and timing have yet to be announced."
"Skin product maker SkinMedica files for IPO" Renaissance Capital's
IPOhome.com (April 27, 2005)
http://www.ipohome.com/marketwatch/iponews2.asp?article=4371
2000 2001 2002 2003 2004
Net Revenues $ 483 $ 1,267 $ 6,780 $ 13,122 $ 22,059
(in thousands of dollars)
Source: "Form S-1" SkinMedica, Inc. (April 27, 2005)
http://www.sec.gov/Archives/edgar/data/1187545/000119312505086916/0001193125-05-086916.txt
"Technology Fast 500" Deloitte (2004)
http://www.deloitte.com/dtt/cda/doc/content/2004%20Fast%20500%20Winners%20Booklet%20FINAL-low%281%29.pdf
They might make projections as part of their IPO road show, so you may
want to look for those materials prior to the IPO.
I also found limited information about Obagi, primarily using
materials from its aborted IPO in 2001.
"In the last 7 years, Obagi?s revenues have grown consistently at
above +20% per year."
"Obagi Medical Products Presents Key Business Results At JP Morgan
Healthcare Conference" Obagi Medical Products (March 9, 2005)
http://www.obagi.com/article/aboutobagisystem/newsandpr/pressreleases/jpmorgan.html
If you want to try to estimate current Obagi revenues, you can apply
the 20% growth rate to the figures available here, which cover 1995
through the first three quarters of 2000:
"S-1/A" OMP INC (February 7, 2001)
http://www.hoovers.com/free/co/secdoc.xhtml?ID=102722&ipage=1314090&doc=1&num=23
Sincerely,
Wonko |
Clarification of Answer by
wonko-ga
on
04 May 2005 12:45 PDT
Some additional information for SkinMedica to clarify how the revenue
is divided among the US and international, as well as between
pharmaceuticals and cosmetic products.
Sincerely,
Wonko
"The Company sells its products primarily within the United States.
For the years ended December 31, 2003 and 2004, international sales
accounted for 3% and 2%, respectively. The Company did not record
international sales in 2002."
2003 2004
Pharmaceutical products $ 1.1 $ 6.3
Cosmeceutical products 12.0 15.8
(in millions of dollars)
Source: "Form S-1" SkinMedica, Inc. (April 27, 2005)
http://www.sec.gov/Archives/edgar/data/1187545/000119312505086916/0001193125-05-086916.txt
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