Key highlights

  • SkinKandy reported pro forma Revenue of $90.2 million, EBITDA of $24.6 million and net profit after tax of $9.0 million, each ahead of its forecasts.
  • The company opened 22 stores to end the year with 109, one ahead of forecast.
  • Like-for-like revenue growth was 9.6% against a forecast of 8.1%, and no Dividend was declared for the post-listing period.

On 21 October 2026, Skinkandy Ltd (ASX:SK1) finished the session at $2.73, down 0.73%. The S&P/ASX 200 Consumer Discretionary [XDJ] ended at 3,741.90 (+0.34%, +12.50 points), the S&P/ASX 200 [XJO] at 8,831.30 (+0.16%) and the All Ordinaries at 8,956.60 (+0.14%) at 5:00 pm GMT+11. SkinKandy is an Australian operator of piercing and jewellery studios.

What SkinKandy does

SkinKandy Limited operates certified piercing studios and sells jewellery, with fashion jewellery contributing 39% of FY26 revenue. It operated 109 stores at year end.

FY26 results

In its 2026 annual report, SkinKandy reported pro forma revenue of $90.2 million, EBITDA of $24.6 million and net profit after tax of $9.0 million, each exceeding the forecasts set at its listing. It opened 22 stores in the year, compared with 21 in FY25, to end with 109 stores, one ahead of forecast, and like-for-like revenue growth was 9.6%, compared with the forecast of 8.1%.

Dividends and scope

No dividend was declared in respect of the post-listing period. The figures are pro forma and differ from statutory results, and this article draws on headline figures in the report rather than its full financial statements.

Sector context

Consumer discretionary companies depend on household spending, travel, leisure and housing activity, and they are tracked through the S&P/ASX 200 Consumer Discretionary index, which closed at 3,741.90, up 0.34%, on 21 October 2026 alongside a 0.16% rise in the S&P/ASX 200 to 8,831.30. Specialty jewellery and piercing retail depends on youth discretionary spending and store rollout.

Risks and uncertainties

Pro forma results adjust for listing effects, the Business is newly listed and growth relies on new store openings. Consumer demand, staff availability and competition can affect outcomes.

Catalysts to watch

Items to watch include further store openings, like-for-like growth and the first-half result.

Closing perspective

SkinKandy’s 2026 Annual Report recorded results ahead of forecast and a rollout to 109 stores. Later updates will show whether growth continues.