SILK Laser Australia Limited (ASX:SLA)
SILK Laser Australia Limited (ASX:SLA) is one of Australia’s largest specialist clinic networks, with clinics across Australia offering a range of nonsurgical aesthetic products and services.
SILK’s five core offerings are laser hair removal, cosmetic injectables, skincare services, body contouring and fat reduction services and Owned Brand skincare products. SILK’s mission is to enable all consumers to have access to high quality and high efficacy nonsurgical aesthetic treatments. SILK aims to do this by providing high quality client service, using advanced technology, at affordable prices.
SILK was cofounded by its CEO in 2009. SILK has grown from a single clinic in Adelaide to more than 50 clinics nationally today. SILK’s growth model is primarily focused on organic growth through growth in existing clinics and a network clinic rollout plan. This will allow SILK to expand its geographic footprint while maintaining a consistent offering and quality of client experience. The company's objective is to open six to ten clinics per year and a network plan for approximately 150 clinics (including franchised clinics).