Oliveda International targets Nasdaq listing in 2027
Oliveda International, Inc. and Olive Tree People Inc. are preparing for a Nasdaq listing in 2027 after achieving $104.5 million in annual revenue and a $1 billion valuation. The company's growth is driven by over 70,000 waterless beauty consultants and plans for global expansion.
*this image is generated using AI for illustrative purposes only.
Oliveda International, Inc. and its subsidiary Olive Tree People Inc. are preparing for a planned Nasdaq listing in 2027, following rapid revenue growth and a valuation exceeding $1 billion in June 2025. The companies announced the strategic move on June 08, 2026, as Olive Tree People celebrated its third anniversary in North America. The listing aims to support the company's expansion goals across North and South America, Europe, Australia, and Asia.
The company has experienced significant growth since its inception in a Venice Beach garage in 2023. Founder Thomas Lommel initially set a goal to attract 30,000 waterless beauty consultants within 18 months and generate $5 million in revenue in the first year. Instead, the company secured over 50,000 consultants and achieved $6.5 million in revenue in the first year. By the second year, annual revenue reached $104.5 million, representing growth exceeding 1,800%, making it the fastest-growing waterless beauty company worldwide.
By 2025, the network of waterless beauty consultants expanded to more than 70,000, sparking a "waterless movement" in North America. The company's valuation surpassed $1 billion in June 2025. Waterless beauty has become the fastest-growing segment in the global beauty industry, often referred to as the new "clean beauty."
Olive Tree People plans to launch a globally unique innovation from October 16–18, 2026, with the potential to transform the beauty and wellness industries. This follows the introduction of new brands and products, as well as the opening of a signature flagship store in late July at 1335 Abbot Kinney Blvd., Los Angeles. The company also intends to open signature flagship stores in major cities worldwide.
Lommel stated that the company has been working on these innovations for over 11 years and expects them to surpass the growth experienced in 2024. The objective is to exceed $1 billion in revenue by 2030. Oliveda International, Inc. and its subsidiaries, including Olive Tree People Europe AG and Oliveda Deutschland GmbH, were founded by Thomas Lommel, a German real estate investor with over 20 years of experience in organic certification and olive tree cultivation.
| Metric | Value |
|---|---|
| First Year Revenue | $6.5 million |
| Second Year Revenue | $104.5 million |
| Second Year Growth | >1,800% |
| Consultants (18 months) | >50,000 |
| Consultants (2025) | >70,000 |
| Valuation (June 2025) | >$1 billion |
How will the planned October 2026 innovation specifically differentiate Olive Tree People from emerging competitors in the waterless beauty sector?
What strategies will the company employ to maintain its hyper-growth trajectory as it scales from a direct-to-consumer model to physical global flagship stores?
How might the 2027 Nasdaq listing impact the company's capital allocation for R&D versus international market expansion?
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