MPM Corpóreos is the company behind Espaçolaser, the largest laser hair removal chain in Brazil. It is a simple business — a network of clinics — but its recent financial results tell a more complicated story. Full nameMPM Corpóreos S.A. Tickers / exchangeESPA3 / B3 (São Paulo) HeadquartersSão Paulo, Brazil SectorConsumer services (personal care) Employees4,790 Market valueR$ 253.6 million (US$ 49.3 million) Yearly salesR$ 1.10 billion (US$ 213.8 million) Net profitR$ 15.7 million (US$ 3.0 million) Net margin0.7% (our calculation) Return on equity0.57% Price-to-earnings33.8 Dividend yield4.0% Websiteri.espacolaser.com.br What it is …
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