Oddity Tech Ltd.

Oddity Tech Ltd. is a consumer tech company that builds digital-first brands for the beauty and wellness industries globally. The company leverages data science, machine learning, and computer vision to identify consumer needs and develop solutions in the form of beauty, wellness, and technology products. Its portfolio includes face and complexion products, eye, brow and lip products, makeup tools, bodycare, medical grade prescription and OTC products, skincare, color cosmetics, haircare, and supplements. These are offered under the IL MAKIAGE and SpoiledChild brands. Additionally, Oddity operates ODDITY LABS, a biotechnology center that uses AI-based molecule discovery technology to identify and launch novel ingredients for beauty and wellness products.

Oddity Tech Ltd. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol ODD. The company trades in US Dollars (USD), which is the standard currency for stocks listed on US exchanges. Being listed on NasdaqGM provides Oddity with access to a broad base of global investors and liquidity typical of a major US exchange.

Oddity Tech Ltd. operates in the Consumer Defensive sector and is classified under the Household & Personal Products industry. This means the company focuses on products that are considered essential or non-cyclical, such as beauty and wellness items, which tend to have stable demand regardless of economic conditions. The Household & Personal Products industry includes companies that manufacture and market a wide range of personal care and household goods, and Oddity specifically targets the beauty and wellness segments with a technology-driven approach.

Oddity Tech Ltd. is headquartered in Jaffa, Israel, and was incorporated in 2013. The company serves consumers globally, with a focus on the beauty and wellness industries. Its digital-first brands, IL MAKIAGE and SpoiledChild, are sold primarily through online channels, allowing Oddity to reach customers in multiple countries. The company's use of data science and AI enables it to tailor products to consumer needs across different markets, though its primary operations are based in Israel.

Oddity Tech generates revenue by selling beauty and wellness products through its digital-first brands, IL MAKIAGE and SpoiledChild. The company uses a direct-to-consumer model, leveraging data science, machine learning, and computer vision to identify consumer needs and develop targeted products. Its portfolio includes a wide range of items such as face and complexion products, eye makeup, lip products, makeup tools, bodycare, medical grade prescription and OTC products, skincare, color cosmetics, haircare, and supplements. A notable part of its business is ODDITY LABS, a biotechnology center that uses AI-based molecule discovery to create novel ingredients, which can lead to proprietary products and competitive advantages in the beauty and wellness space.