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Establishment Labs Holdings Inc. (Costa Rica)

Main Activities: Surgical Appliance and Supplies Manufacturing
Full name: Establishment Labs Holdings Inc. Profile Updated: March 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

The Company is a medical technology company focused on improving patient safety and aesthetic outcomes, initially in the breast aesthetics and reconstruction market.
The Company s common stock is listed on the NASDAQ Capital under the symbol “ESTA”.
The Company s year-end is December 31.
The Company is a global company that manufactures and markets innovative medical devices for aesthetic plastic surgery, reconstructive plastic surgery, and aesthetic dermatology. The Company also has wholly-owned subsidiaries in the United States (JAMM Technologies, Inc. and Motiva USA LLC), Belgium (European Distribution Center Motiva BVBA), Brazil (Establishment Labs Produtos para Saude Ltda), France (Motiva Implants France SAS), Sweden (Motiva Nordica AB) and Switzerland (JEN-Vault AG). Substantially all of the Company's revenues are derived from the sale of silicone breast implants under the brand of Motiva Implants.
The Company's products are approved for sale in Europe, the Middle East, Latin America, Australia and Asia. The Company is actively working on obtaining regulatory approval to commercialize its products in the United States. The Company sells its products internationally through distributors as well as making direct sales to customers.
The Company has determined that it has a single reportable and operating segment structure. The Company derives all of its revenues from sales to customers in Europe, the Middle East, Latin America, Australia and Asia, and has not yet received approval to sell its products in the United States.
HISTORY
2004 The Company was reorganized under a parent holding company in the British Virgin Islands on October 9, 2013. Prior to that the Company operated as Establishment Labs, S.A., a Sociedad Anonima incorporated in Costa Rica, which was established in Costa Rica on January 18, 2004.
2010 The main manufacturing activities are conducted in two manufacturing facilities in Costa Rica. Beginning in 2010, the Company began operating under the Costa Rica free zone regime (Regimen de Zona Franca) which provides for reduced income tax and other tax obligations pursuant to an agreement with the Costa Rican authorities.
2015 The Company purchased certain assets from Magna Equities I, LLC and established its wholly-owned subsidiary, JAMM Technologies, Inc., in the United States In November 2015,
2016 The Company purchased a distribution company in Brazil to support the application to sell its products in Brazil In January 2016,
2016 The Company purchased a storage and distribution company in Belgium to support its continued growth in Europe in March 2016.
2016 The Company purchased a distribution company in France and established a wholly-owned subsidiary in Switzerland in September 2016
2017 The Company acquired certain assets from Femiline AB and established its wholly-owned subsidiary in Sweden, Motiva Nordica AB in November 2017.

Headquarters
Building B15 And 25, Coyol Free Zone
Alajuela; Alajuela; Postal Code: 20101

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Website: http://www.establishmentlabs.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2004
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Chief Operating Officer
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Chief Technology Officer
Ownership Details
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13.05%
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9.71%
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7.94%
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5.98%
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5.77%
Subsidiaries
Establishment Labs Produtos Par Saude Ltda (Brazil)
Establishment Labs, S.A.
European Distribution Center Motiva Bvba (Belgium)
Company Performance
Financial values in the chart are available after Establishment Labs Holdings Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
2.13%
Total operating revenue
2.13%
Operating profit (EBIT)
-65.71%
EBITDA
-69.71%
Net Profit (Loss) for the Period
-4.38%
Total assets
27.28%
Total equity
N/A
Operating Profit Margin (ROS)
-15.33%
Net Profit Margin
-1.02%
Return on Equity (ROE)
N/A
Debt to Equity Ratio
N/A
Quick Ratio
-1.24%
Cash Ratio
-1%

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