SBC Medical Group Holdings Incorporated (SBC) Misses Q4 EPS by 13c
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SBC Medical Group Holdings Inc. Announces Fourth Quarter and Full Year 2024 Financial Results
March 28, 2025 7:00 AM EDTIRVINE, Calif.--(BUSINESS WIRE)-- SBC Medical Group Holdings Incorporated (NASDAQ: SBC, SBC Medical or the Company), a global owner, operator and provider of management services and products to cosmetic treatment centers, today announced its financial results for -the three months ended December 31, 2024 and full year 2024.
Fourth Quarter 2024 Highlights
Total revenues were $44 million, representing a 29% year-over-year decrease. Gross profit was $34 million, representing a 22% year-over-year decrease. Income from operations was $5 million, representing an 80% year-over-year decrease. EBITDA1, which is calculated by adding depreciation and amortization expense and impairment loss to income... More