Charles's questions to Evolus Inc (EOLS) leadership • Q4 2024
Question
Charles, on for Uy Ear, asked about expectations for service revenues in 2025, the reason for negative service revenue in Q4 2024, and whether the projected growth for international Nuceiva sales is proportional or simply year-over-year.
Answer
CFO Sandra Beaver explained that service revenue is a stable, non-material stream from a single contract in Canada and is subject to timing variations. Regarding international Nuceiva sales, she confirmed they are expected to grow meaningfully faster than the U.S. business from a smaller base. She noted that international revenue was approximately 5% of total revenue in 2024 and expects that percentage to continue increasing.