Replies to post #242 on Evolus (EOLS)

[DewDiligence]

EOLS 4Q23 CC transcript:

https://finance.yahoo.com/news/evolus-inc-nasdaq-eols-q4-202421474.html

[DewDiligence]

EOLS sells 4.09M* shares @$14.07—(Friday’s closing price):

https://finance.yahoo.com/news/evolus-announces-pricing-50-0-110000780.html

Net proceeds after underwriting fees will be approximately $54M*.

*Assuming exercise of underwriter’s option.

[DewDiligence]

EOLS reports 1Q24 results—reiterates 2024 guidance:

https://investors.evolus.com/press-releases-and-news/news-details/2024/Evolus-Reports-First-Quarter-2024-Results-and-Provides-Business-Update/default.aspx

1Q24 Jeuveau sales were $59.3M, –3% QoQ (consistent with seasonal patterns in the aesthetics business) and +42% YoY.

1Q24 GAAP loss was ($8.9M) or ($0.22)/sh.

Cash at 3/31/24 was $97.0M, an increase of $34.2M relative to 12/31/23 due to the $47.0M net proceeds from the Mar 2024 public offering.

Excluding the proceeds from the Mar 2024 public offering, 1Q24 operating cash burn was $12.8M.

2024 revenue guidance remains $255-265M, +26-31% relative to 2023.