Innovaderma Share Discussion Threads

[hottingup] 12/12/2016 09:30

They just completed a placing for £540k to fund a expansion in the UK and US and move production to the UK this month.

[pjh53] 12/12/2016 09:27

The only questions for me are not about the potential of ST but - do we have the production capacity & working capital to meet the demand of all sales outlets that are being signed up??

[larva] 12/12/2016 09:19

What I like about this company is it's not a one-trick-pony, their platform technology and science can be applied across a broad range of human health, all of which have mass market huge $$$ potential.

[larva] 12/12/2016 09:13

new recent high on chart

[hottingup] 12/12/2016 09:11

As I said yesterday this could 30 bag within 24 months.

[larva] 12/12/2016 09:09

Go Skinny!

martin was that 10k ?

[ny boy] 12/12/2016 09:07

Martintb GL. Don't forget to wear your skinny tan with pride 🤔

[martinthebrave] 12/12/2016 09:05

Bought an initial stake this morning GLA.

[ggbarabajagal] 12/12/2016 09:04

Anyone not in, bye bye fellas

The train is leaving the station

[larva] 12/12/2016 08:57

InnovaDerma PLC ("InnovaDerma", the "Group" or the "Company)

Trading Update



InnovaDerma, a UK developer of 'at-home' and clinically proven treatments for hair loss, hair care, self-tanning and skin rejuvenation, provides an update on trading ahead of its Final Results for the twelve-month period ended 30 June 2016.



Trading Performance

The Board is pleased to announce that it expects revenue and profits for the full year to 30 June 2016 will be significantly higher than the previous year, driven by underlying organic growth across its product range and the contribution of the Skinny Tan business, which was acquired in May 2015. The integration of the Skinny Tan business into the InnovaDerma operations has been completed successfully and the product range has grown strongly.



Skinny Tan is the first self-tanner that combines a natural tanning active with naturally derived skin smoothing actives to tan, contour and reduce the visible appearance of cellulite. The Group expects to report revenues of approximately AUD $8.3m (£4.2m) representing a significant increase of more than 800% compared to the previous year FY 2015: AUD$1.05m (£0.525m). It expects to announce a maiden net profit as a result of the strong top line growth. The Group has maintained a robust financial position with little external debt and a strong cash position.



Key Operational Developments

InnovaDerma significantly expanded its international distribution and retail network and this has been a key driver to its growth and strong financial performance. As at 30 June 2016, the Company has in excess of 2,500 retail points (FY2015: 250) in seven countries. In the period under review, the Company secured the following key retail contracts:

· In February 2016, Skinny Tan was launched as a new brand in 220 of Superdrug's stores and by July 2016, it was stocked in all 776 of its stores throughout the UK. In the same month Skinny Tan became the No.1 selling tanning brand in Superdrug by revenue. Post period end, Skinny Tan won Best Breakthrough Brand 2016 at the Superdrug Supplier Conference.

· In Asia, the Company secured a distribution agreement with Olive Young, Korea's largest health and beauty store chain. Skinny Tan is currently sold in Olive Young's 550 stores nationwide and is distributed through PROS Korea, a distributor for InnovaDerma products for North East Asia.

· InnovaDerma secured a distribution with Chemist Warehouse for distribution of Skinny Tan across all of its 320 stores nationwide. Chemist Warehouse with annual revenues of more than AUD$2.7bn (£1.5bn) is one of the leading and fastest growing pharmacy chains in Australia.

In tandem with its growing network of key retailers, the Company is highly focused on its digital direct to consumer strategy which has supported revenue growth and enabled Skinny Tan to grow in popularity. Brand loyalty in multiple markets is building strongly as the Company continues to expand its international footprint.

The Board is pleased with the progress and looks forward to discussing this further at the time of its final results expected to be at the end of October.




300p do me nice

[larva] 12/12/2016 08:51

News on walmart and Asian distrbution deal will come imho, this could double

[nashwan123] 12/12/2016 08:51

I,m in for initial holding at 1.44. Let's hope the hype pans out!

[croasdalelfc] 12/12/2016 08:45

Ive been tracking this since yesterday 7pm.

hxxps://www.skinnytan.co.uk/products/skinny-tan-oil-buy-one-get-one-free

They had 43 in stock...now its just 2.

They seem to have sold out of most of the Christmas gift sets which are heavily discounted....in the UK at least.

On Superdrug.com they sold 11 items overnight from there top 5 best sellers. I note there are no Xmas Gift sets on Superdrug.com. Ill track there sales for a few days and let you know

[boffster] 12/12/2016 08:42

*Quiet

Potential - don't spend too much time on here when you should be revising for your GCSE's

[potential] 12/12/2016 08:35

Boffster - be quite and enjoy the journey!!

[boffster] 12/12/2016 08:35

Looks like somewhat of a chilly pea souper at the moment

[keya5000] 12/12/2016 08:33

Boffster take it the sun is not shining this morning for you?

[nashwan123] 12/12/2016 08:32

Some folk selling at moment for some reason in spite of hype!

[boffster] 12/12/2016 08:32

I log on here and see a thousand new posts, and its pretty much just a few of you lot getting hysterical, very little of anything informative. The share price is up 1.78%, calm down.

Also whoever has set this thread up has not ticked the little check box to display the news feed.

[potential] 12/12/2016 08:29

A little shake and it gets snapped up in seconds!!

[potential] 12/12/2016 08:22

Can't buy peanuts but can sell the lot no thanks MMS!!

[potential] 12/12/2016 08:21

Same pattern spikes then drops and then spikes higher !!!

[keya5000] 12/12/2016 08:21

Strong start

[ny boy] 12/12/2016 08:17

Buying ahead of Wednesday's agm

[larva] 12/12/2016 08:15

cheers che7win