The award-winning Sculpted Makeup brand company, owned by 29-year-old Dublin-based Amy Connolly, more than doubled its pre-tax profit last year to €3.03 million.
It’s been a record-breaking year for Sculpted by Aimee Connolly Cosmetics Ltd, which posted a pre-tax profit of €1.488 billion in 2020, before posting a pre-tax profit of €3.035 billion in the 12 months to the end of December last year. I recorded a profit. 103 pieces
The business’ profits surged in two years affected by the pandemic, with pre-tax profit of €381,226 in 2019.
Due to the company’s strong performance against the pandemic, the company amassed a profit of 4.46 million euros at the end of December last year.
Connolly, who previously worked as a freelance makeup artist, launched her cosmetics business in 2016.
Last year, Connolly, who has 160,000 followers on Instagram, won the Emerging Category at the EY Entrepreneur of the Year Awards.
The Sculpted brand business sells a variety of makeup brushes, lipsticks, palettes, lashes, foundations and instant tans.
Last year, the business continued to grow as the number of employees increased from 10 to 15.
Ms Connolly will open a new flagship store on Grafton Street in Dublin later this month.
“Excitement and fear come together,” Connolly said in a recent Instagram post confirming the opening.
The store has an all pink exterior and is located at 50-51 Grafton Street.
As part of the revamp, the company will close its first stand-alone Dundrum store on September 15th.
The company posted an after-tax profit of €2.654 million last year after paying corporate tax of €380,578. Earnings in 2020 he was 1.3 million euros.
The company’s cash fund increased from €1.3 million to €1.57 million and its debtor liability to the business last year increased from €893,503 to €2.27 million.
In an interview last year, Connolly said he had to move his business online during the lockdown.
“At the beginning of 2020, 30 percent of our sales came from online and 70 percent from distribution through boots and pharmacies. By the end of the year, 45 percent of our sales came from online and 55 percent from distribution. I did.”
