Evolus, Inc. Reports Q1 2023 Net Loss of $14.8 Million

Evolus, Inc.(EOLS), a leading aestheti cs company, has released its Condensed Consolidated Financial Statements for the first quarter ended March 31, 2023. The report reveals a net loss of $14.8 million during the quarter, along with total net revenues of $41.7 million.

Overview of Assets and Liabilities

The Condensed Consolidated Balance Sheets show that Evolus, Inc. had total assets of $160.2 million as of March 31, 2023. This represents a decrease compared to $178.0 million in assets reported on December 31, 2022. The current assets decreased to $84.1 million from $100.8 million in the same period, mainly driven by a decline in cash and cash equivalents.

Net Income/Loss