MarketOpen Podcast Episode 114 - Stormeur Limited

MarketOpen Podcast by MarketOpen Australia

Episode notes

Joining the podcast today is Dr Vivek Eranki, Executive Chairman at Stormeur Limited.

Cosmetique is a rapidly growing network of non-surgical injectable and

laser hair removal clinics founded in Western Australia in 2017, and

currently operating 17 clinics across five Australian states it is 100%

owned by Stormeur Ltd

Stormeur is undergoing an Initial Public Offering (IPO) to raise AUD $6

million with funds primarily earmarked to support expansion plans,

which include opening new clinics plus the pursuit of complementary

acquisitions in the health and beauty sector.

The Australian cosmetic injectables market was valued at USD $2.77

billion in 2023, with the laser hair removal market valued at USD $1.84

billion, both expected to see continued growth.

The company’s growth stra ... 

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