Company Analysis

SkinHealth Systems Inc. (SKIN)

Nasdaq: SKIN · Surgical & Medical Instruments & Apparatus · Long Beach, CA · filing with the SEC since 2020
Grade4.1
◀ Past 3.5● Present 4.5▶ Future 4.1

The grade of SkinHealth Systems Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.1/10
◀ Past3.530% of the headline
● Present4.540% of the headline
▶ Future4.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
0.9/10

Has it survived what it has been through?

7 warning events since 2020; the latest 2026-05-12.

weight 33% of this tense · 9th percentile among 121 sector filers · read for itself

From the record

SkinHealth Systems Inc.'s filings since 2020 show 7 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2026-05-12); a warning not to rely on past financial statements (8-K item 4.02, the latest 2021-05-10); an auditor change (8-K item 4.01, the latest 2021-07-12); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2024-02-29) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.3/10

What has it actually done, year after year?

+10.3% a year over 7 filed years; profitable in 1 of 7.

weight 45% of this tense · 33rd percentile among 105 sector filers · read for its customers

From the record

SkinHealth Systems Inc.'s 7 filed years say what it did: revenue went from $167 million in fiscal 2019 to $301 million in fiscal 2025, up 10.3% a year; it rose in 3 of 6 years; the deepest fall was 29% from fiscal 2019 to fiscal 2020; net income was positive in 1 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span10.3%bottom 36% of its family
  • the share of years revenue rosebottom 12% of its family
  • the share of filed years with a profittop 44% of its family
  • the deepest fall from a revenue peak28.5%bottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.7/10

How has it treated the people who own it?

Share count shrank 2.9% a year. 40% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 77th percentile among 40 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, SkinHealth Systems Inc.'s diluted share count shrank about 2.9% a year, and dividends and buybacks returned about 40% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-13 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 5% of its family
  • cash returned against operating cash flowtop 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.5/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.8/10

Is it financially healthy right now?

ROE -16%: lost 16¢ per shareholder dollar. Leverage 88%: owes 88¢ per asset dollar.

weight 45% of this tense · 58th percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, SkinHealth Systems Inc. lost about 16 cents for every dollar of shareholders' money, and gross profitability: its products earned about 39 cents per dollar of everything the company owns. Leverage: it owed about 88 cents per dollar of assets, and net share issuance: its share count shrank 4.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 11% of its family
  • return on equitytop 36% of its family
  • gross profit against assetstop 38% of its family
  • the share count against the year beforetop 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.0/10

How strong is its position in its industry?

bottom 50% of 109 in its family; net margin -3.2%.

weight 33% of this tense · 50th percentile among 109 sector filers · read for its customers

From the record

SkinHealth Systems Inc.'s standing among 109 graded names in its industry family: revenue of $301 million in fiscal 2025 ranks in the top 34% by size; a net margin of -3.2% ranks in the top 34%; revenue growth of -6.3% a year over the last 3 filed years ranks in the bottom 17% (its annual reports).

What it rests on

  • revenue against the family$301Mtop 34% of its family
  • net margin-3.2%top 34% of its family
  • three-year revenue growth-6.3%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
0.9/10

What are the people in charge doing?

bottom 9% of 91 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 9th percentile among 91 sector filers · read for its shareholders

From the record

SkinHealth Systems Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Malha, Pedro Bruno Ferreira (President and CEO, as filed), filing under that title since 2025-10-10, 1.1 years (bottom 22% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 1.1 years (bottom 2%); 19 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge19 in three years among 8 peoplebottom 2% of its family
  • the median years the people in charge have filed1.1 yearsbottom 2% of its family
  • the chief executive's years on the record1.1 yearsbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.7/10

How much room does it have to grow?

top 43% of 104 in its family for room to expand.

weight 45% of this tense · 57th percentile among 104 sector filers · read for itself

From the record

SkinHealth Systems Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $233 million against no long-term debt tagged leaves 46.6% of its assets as net cash, top 19% of its family; cash from operations less capital spending is 12.4% of revenue (top 21%); a gross margin of 65.3% (top 39%); research spending of 1.9% of revenue (bottom 8%) (its annual report).

What it rests on

  • cash less debt against assets46.6%top 19% of its family
  • cash from operations less capital spending against revenue12.4%top 21% of its family
  • gross margin65.3%top 39% of its family
  • research spending against revenue1.9%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
1.3/10

What could actually drive growth from here?

bottom 13% of 105 in its family for growth drivers.

weight 33% of this tense · 13th percentile among 105 sector filers · read for its customers

From the record

SkinHealth Systems Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -6.3% a year over the last three filed years against 10.3% over all 7, slowing (bottom 21% of its family); the newest year grew -10% (bottom 14%); research spending grew -12.6% a year (bottom 12%); capital spending grew -69.6% a year (bottom 6%) (its annual reports). SkinHealth Systems Inc. reported 2 product lines in fiscal 2025: Consumables at $213 million (71%), Delivery Systems at $88 million (29%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-16.7 points a yearbottom 21% of its family
  • the newest year's revenue growth-10.0%bottom 14% of its family
  • three-year growth of research spending-12.6%bottom 12% of its family
  • three-year growth of capital spending-69.6%bottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.0/10

Did its newest year beat what its own record pointed to?

top 50% of 88 in its family for expectations against reality.

weight 22% of this tense · 50th percentile among 88 sector filers · read for its shareholders

From the record

SkinHealth Systems Inc.'s newest year against its own record: revenue of $301 million in fiscal 2025 came in 5.9% below the $320 million its prior three years' pace pointed to (bottom 41% of its family); net income of $10 million against a prior three-year average of $28 million (top 28%); a net margin of -3.2% against -7.3% before (bottom 38%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.9%bottom 41% of its family
  • net income against the prior three years' average+66%top 28% of its family
  • net margin against its prior average+4.1 pointsbottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SKIN · research, not advice