TPI provides its latest research note on DeepVerge plc (DVRG.L).

Deepverge has announced that its Skin Trust Club iOS App has gone live following the successful completion of 2000 Alpha skin tests.

It is now available in the App Store for download in UK and Ireland, with an international roll-out expected to follow in due course. It offers individuals a customised skincare routine derived from laboratory-based analysis of their microbiome, which is comprehensively analysed in the light of existing conditions and real-time information derived from their geographical surroundings.

A 95% conversion rate of pre-registration participants highlights the exceptional level of interest amongst customers who are dissatisfied with their existing treatments, seeking instead a scientifically-based approach to skin maintenance through a personalised skincare routine, rather than being forced to rely on guesswork as they have in the past.

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We would draw your attention to the various disclaimers in the document both at the beginning and at the end of the note. Retail clients (as defined by the rules of the FCA) must not rely on the research document. In particular you should note that the research document is a non-independent marketing communication. The analyst who has prepared the research is aware that TPI provides research to DeepVerge plc. Accordingly the research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibitions on dealing ahead of its dissemination.
The information in the document is published solely for information purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. The material contained in the document is general information intended for recipients who understand the risks associated with equity investment in smaller companies. It does not constitute a personal recommendation as defined by the FCA or take into account the particular investment objectives, financial situation or needs of individual investors nor provide any indication as to whether an investment, a course of action or the associated risks are suitable for the recipient.

Copyright © 2021 Turner Pope Investments (TPI) Limited, all rights reserved.

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