00:00Time is invaluable for healthcare professionals, yet many are burdened by administrative tasks.
00:08Innovations like AI-powered diagnostics and service organizations are helping medical
00:12professionals reclaim their focus on patient care.
00:16At the forefront of this trend is SBC Medical Group Holdings, NASDAQ, SBC, a Tokyo-based
00:23healthcare company pioneering a franchise model in the aesthetics industry.
00:27SBC leverages its expertise to manage 224 clinics in Japan and 2 internationally, operating
00:33under the Shonan Beauty Clinic brand.
00:36These clinics offer services like dermal fillers, laser hair removal, and cosmetic dental procedures.
00:43SBC supports franchisees with IT, marketing, payroll, clinic design, equipment procurement,
00:50and loyalty programs, streamlining operations so doctors can focus on patients.
00:55As Japan's largest aesthetic medical group, SBC continues to expand domestically while
01:00eyeing growth in the U.S. and Southeast Asia.
01:04Japan's cosmetic surgery market, valued at $19 billion in 2023, is projected to reach
01:11$41.6 billion by 2033, growing at a compound annual growth rate of 8.1%.
01:19Similarly, Japan's medical aesthetics market is expected to grow at a 13% compound annual
01:25growth rate, reaching $9 billion by 2033.
01:29SBC's fundamentals reflect its robust growth.
01:34In 2023, revenues rose 11% to $193 million, with EBITDA of $82 million.
01:42For Q1 2024, revenues surged 27.7% to $54.8 million, with net income of $18.7 million.
01:52The company holds $96 million in cash to support expansion efforts.
01:58Now publicly traded on NASDAQ following its SPAC merger, SBC offers investors a unique
02:03chance to participate in its early growth stages as it scales its franchise model globally.
02:09As a leader in Japan's thriving aesthetics market, SBC aims to replicate its success
02:14across new regions, creating value for healthcare professionals and shareholders alike.
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