Beauty Tech Group profit triples as LED masks boom
The Beauty Tech Group has more than tripled its first-half profit as booming demand for at-home beauty devices helped sales jump more than 40 per cent.
The London-listed owner of Currentbody Skin, ZIIP Beauty and Tria Laser reported pre-tax profit of £17.5m for the six months to the end of June, up from £5m a year earlier. Revenue climbed 44.3 per cent to £79.7m, from £55.2m, while gross profit rose 52.8 per cent to £51.3m.
The Manchester-founded company, which floated on the London Stock Exchange last October at a valuation of around £300m, has benefited from growing demand for devices that bring treatments previously associated with beauty clinics into the home.
Its best-known products include CurrentBody’s LED face masks, which use different wavelengths of light in treatments aimed at improving the skin.
The group said trading in the first half had beaten expectations and it now expects full-year revenue of at least £170m, maintaining the upgraded forecast it issued in July.
It also raised its expectations for underlying earnings, although the company did not provide a new forecast for statutory profit.
The business ended June with £52m in cash after accounting for its liabilities and no debt, up from £40.8m at the end of 2025, and has separately announced plans to buy back up to £20m of its shares. No interim dividend will be paid.
“At-home beauty technology is the fastest-growing part of the beauty market and we are uniquely positioned to take advantage of it through our three distinct brands: CurrentBody Skin, ZIIP Beauty and Tria Laser”, founder and chief executive Laurence Newman said.
“We have entered the second half, typically our strongest period of trading, with real momentum and a significant launch pipeline”.
LED masks drive Beauty Tech expansion
The numbers come less than a year after Beauty Tech Group made its London market debut, in one of relatively few floats of note on the flagging bourse last year.
The company raised around £29m in the IPO, helping it clear external debt. Its first annual results since listing, published in April, showed revenue had risen 39.4 per cent to £141m in 2025, while gross profit increased 53.9 per cent to £88.3m. Around 80 per cent of its sales were generated outside the UK and Ireland last year, with the group selling across more than 90 markets.
Its rapid expansion has been led by Currentbody Skin, which has helped turn the slightly unnerving sight of an illuminated face mask from something resembling a sci-fi prop into a fixture of beauty routines and social media feeds.
Currentbody launched its first LED light therapy mask in 2018, when convincing customers to strap a glowing device to their face required rather more explanation.
“It was definitely a real challenge in the early days” Emily Buckwell, associate communications director at Currentbody, told City AM ahead of the results. “The science on LED light therapy was already there, but consumer awareness wasn’t, so it was about finding the right balance between educating people and normalising the idea of actually wearing the mask”.
The company has since developed a third generation of its LED range, which is due to launch in the second half following two years of research and testing.
Beauty Tech Group is also investing in its own laboratory, due to open in early 2027, while research with the University of Manchester is examining changes in skin following the use of at-home LED devices.
ZIIP Beauty has meanwhile completed manufacturing changes ahead of a new product range launching in the second half, while the group is bringing its European warehousing operation in-house.
The company is betting there is considerably further for the category to run. Beauty technology still accounts for only around one per cent of consumer beauty spending in its core markets, according to the group.