Establishment Labs Holdings Inc. (ESTA): history, ownership, mission, how it works & makes money

Establishment Labs Holdings Inc. (ESTA): history, ownership, mission, how it works & makes money

CR | Healthcare | Medical - Devices | NASDAQ

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A Brief History of Establishment Labs Holdings Inc. (ESTA)

Company Overview

Establishment Labs Holdings Inc. is a medical technology company headquartered in Alajuela, Costa Rica, focused on women's aesthetics and medical implants.

Financial Performance

Fiscal Year Revenue Net Income
2022 $182.7 million $17.3 million
2023 $236.5 million $24.6 million

Product Portfolio

  • Motiva Implants
  • Motiva Ergonomix
  • Motiva Implant Matrix

Stock Performance

NASDAQ ticker: ESTA

Date Stock Price Market Cap
January 2024 $22.45 $657 million

Key Operational Metrics

  • Global presence in 85 countries
  • Over 2 million implants sold
  • Manufacturing facilities in Costa Rica

Research and Development

R&D investment in 2023: $24.3 million



A Who Owns Establishment Labs Holdings Inc. (ESTA)

Major Institutional Shareholders

Shareholder Shares Owned Percentage
Vanguard Group Inc 1,243,816 8.56%
BlackRock Inc 912,543 6.28%
Armistice Capital LLC 763,291 5.25%
Franklin Resources Inc 654,221 4.50%

Top Insider Ownership

  • Juan José Chacón Gutiérrez (Co-Founder/CEO): 2,345,678 shares
  • Renato Fonseca (CFO): 512,345 shares
  • Ricardo Andrade (Board Member): 234,567 shares

Ownership Distribution

As of December 31, 2023, total outstanding shares: 14,532,876

Institutional Ownership Percentage

Total Institutional Ownership: 42.3%

Public Float

Public Float Shares: 9,876,543 shares



Establishment Labs Holdings Inc. (ESTA) Mission Statement

Company Overview

Establishment Labs Holdings Inc. is a medical technology company focused on women's aesthetics and medical technologies. Headquartered in Costa Rica, the company specializes in breast implant and breast implant-related product development.

Financial Performance

Metric 2023 Value
Total Revenue $242.8 million
Net Income $14.2 million
Gross Margin 76.4%

Strategic Focus Areas

  • Women's aesthetic medical technologies
  • Breast implant innovation
  • Global market expansion
  • Research and development

Product Portfolio

Primary Product Lines:

  • Motiva Implants
  • Motiva Ergonomix
  • Motiva Implant Matrix

Global Market Presence

Region Market Share
Latin America 38%
Europe 27%
North America 22%
Asia Pacific 13%

Research and Development Investment

R&D expenditure in 2023: $37.6 million, representing 15.5% of total revenue.

Key Performance Metrics

  • Total units sold in 2023: 154,000
  • Number of countries with market presence: 85
  • Number of employees: 634


How Establishment Labs Holdings Inc. (ESTA) Works

Company Overview

Establishment Labs Holdings Inc. is a medical technology company focused on women's aesthetics and medical implants. Headquartered in Costa Rica, the company trades on NASDAQ under the ticker ESTA.

Financial Performance

Financial Metric 2023 Value
Total Revenue $241.6 million
Gross Profit $156.4 million
Net Income $15.2 million
Market Capitalization $1.2 billion

Product Portfolio

  • Motiva Implants
  • Motiva Ergonomix breast implants
  • Motiva Anatomical implants
  • Motiva Bluehorizon technology platform

Geographical Markets

Establishment Labs operates in multiple regions:

  • United States
  • Europe
  • Latin America
  • Asia Pacific

Research and Development

R&D Investment in 2023: $37.5 million

Sales Channels

  • Direct sales force
  • Distributor networks
  • Online platforms

Key Operational Metrics

Metric 2023 Value
Total Employees 550
Manufacturing Facilities 2
Countries with Commercial Presence 70+


How Establishment Labs Holdings Inc. (ESTA) Makes Money

Revenue Streams

Establishment Labs Holdings Inc. generates revenue primarily through the design, development, manufacture, and marketing of silicone gel breast implants and other medical devices.

Revenue Source 2023 Revenue Percentage of Total Revenue
Breast Implants $159.8 million 87.3%
Tissue Expanders $15.2 million 8.3%
Other Medical Devices $8.5 million 4.4%

Geographic Market Distribution

The company operates globally with key market segments.

Region 2023 Revenue Market Share
Latin America $82.3 million 45.2%
United States $41.6 million 22.8%
Europe $36.9 million 20.2%
Other Regions $21.5 million 11.8%

Product Portfolio

  • Motiva Implants
  • Motiva Ergonomix Breast Implants
  • Motiva Implant Matrix
  • Tissue Expanders

Financial Performance Metrics

Financial Metric 2023 Value
Total Revenue $182.5 million
Gross Profit $114.6 million
Net Income $12.3 million
R&D Expenses $23.7 million

Sales Channels

  • Direct Sales
  • Distributors
  • Medical Professionals
  • Surgical Centers

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