Beauty Tech Group Makes Successful LSE Debut, Boosting London's IPO Market
Beauty Tech Group, a leading provider of at-home skincare devices such as LED light therapy masks and laser hair-removal tools, has made a successful debut on the London Stock Exchange. The company's stock climbed over four per cent in early trading, reaching around 285p.
The company, which distributes its products through luxury retailers and counts celebrities like Kim Kardashian and Serena Williams as users, raised around £106m in its initial public offering (IPO). This includes shares sold by existing backers. Beauty Tech Group's IPO has provided a much-needed boost to London's struggling IPO market, which has seen only £184m raised in the first nine months of 2025, with London slipping to 23rd in global rankings for IPO destinations.
Laurence Newman, the chief executive and co-founder of Beauty Tech Group, expressed that the IPO will help increase brand awareness and drive growth. The company's strong financial performance supports this ambition, with revenues reaching £101m in 2024 and adjusted earnings of almost £23m. In the first half of 2025, sales rose by 27 per cent to £55m. Beauty Tech Group priced its IPO at 271p per share and raised £29m, becoming debt-free and securing working capital for future growth.
Beauty Tech Group's successful IPO, with a market value of around £300m, offers hope for London's IPO market. Analysts suggest it could help restore investor confidence, following a challenging period for the city's listings scene.
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