# Eucalyptus Type: Company Source: GetYourBrief — https://getyourbrief.com/entity/eucalyptus Canonical HTML page: https://getyourbrief.com/entity/eucalyptus ## Timeline - **2026-06-16**: Parliamentary Inquiry Hearing — Australian Investment Council CEO Navleen Prasad warns tax changes could erase startup ecosystem; Tim Doyle advocates for employee equity exemption. - **2026-02-24**: Global Market Reaction — Industry analysts note the deal as a major consolidation in the GLP-1 and telehealth sectors. - **2026-02-24**: Employee Windfall Reports — Detailed reports emerge regarding the 100+ employees reaching millionaire status in Sydney. - **2026-02-23**: Payout Details Emerge — Former CCO Joe Harris confirms a payout exceeding $1 million, highlighting the impact on staff wealth. - **2026-02-23**: Employee Windfall — Details of the $300M employee share pool emerge, confirming 100+ new millionaires. - **2026-02-23**: Executive Payouts Confirmed — Former CCO Joe Harris confirms a $1M+ payout in an interview with the Australian Financial Review. - **2026-02-19**: Acquisition Announced — Hims & Hers officially announces the $1.6 billion buyout of Sydney-based Eucalyptus. - **2026-02-19**: Acquisition Announced — Hims & Hers officially announces the $1.6 billion deal to acquire Eucalyptus. - **2026-02-19**: Acquisition Announced — Hims & Hers officially announces the $1.6 billion acquisition of Eucalyptus. - **2024**: GLP-1 Surge — Juniper and Pilot brands see explosive growth driven by demand for weight-loss medications. - **2019**: Eucalyptus Founded — Tim Doyle launches the company, inspired by the Hims & Hers telehealth model in the US. ## Recent coverage (13 stories, network-wide) ### Beachbody digital subs -19% to 760K; Hims +19% 2026-08-18 00:45:41 · Sector: saas · Sentiment: Positive · Impact: 6/10 · Sources: 2 Subscription and digital revenue trends across Beachbody, Purple, and Hims show churn management is now a core operational focus. Beachbody digital subscriptions fell 19.1% to 760,000 while Hims added 452,000 subscribers to reach 2.89 million. Full story: https://getsaasbrief.com/story/saas-subscription-q2-2026-digital-revenue ### Beachbody revenue drops 22%, Purple DTC rises 3.4% 2026-08-18 00:45:24 · Sector: retail · Sentiment: Positive · Impact: 6/10 · Sources: 2 Beachbody's Q2 revenue fell 22.4% to $49.6M as it shifts from MLM to omnichannel, while Purple grew direct-to-consumer revenue 3.4% to $60.9M. Both show margin gains from restructuring but face weaker wholesale demand. Full story: https://getretailbrief.com/story/retail-beachbody-purple-q2-2026 ### Hims Q2 revenue hits $753M; Alcon eye care grows 7% 2026-08-18 00:45:06 · Sector: health · Sentiment: Positive · Impact: 6/10 · Sources: 2 Hims & Hers posted 38% revenue growth and 2.89M subscribers while absorbing $81M in nonrecurring charges, and Alcon's core EPS rose 9% to $0.84. Telehealth demand and ocular health innovation are driving divergent profit outcomes. Full story: https://gethealthbrief.com/story/health-hims-alcon-q2-2026-earnings ### Hims revenue +38% to $753M; Alcon EPS $0.84 2026-08-18 00:44:48 · Sector: finance · Sentiment: Positive · Impact: 6/10 · Sources: 2 A cross-sector Q2 2026 earnings read shows Hims & Hers growing 38% to $753M and Alcon raising EPS guidance, while Beachbody and Purple manage revenue declines. Plug Power's margin improvement and reduced cash burn stand out for risk-tolerant investors. Full story: https://getfinancebrief.com/story/finance-q2-2026-earnings-roundup ### Plug Power gross margin improves to -0.9% from -30.7% 2026-08-18 00:44:32 · Sector: climate · Sentiment: Positive · Impact: 6/10 · Sources: 2 Plug Power's revenue rose 9% sequentially to $178.3M, gross margin improved to -0.9% from -30.7%, and GenDrive deployments surged 125% to 1,666 units. The company raised full-year revenue growth guidance to 15-16%. Full story: https://getclimatebrief.com/story/climate-plug-power-q2-2026 ### Alcon core EPS up 9% to $0.84; PowerVision charge $402M 2026-08-18 00:44:12 · Sector: bio · Sentiment: Positive · Impact: 6/10 · Sources: 2 Alcon posted 7% constant-currency sales growth and raised full-year core EPS guidance to 12-15% growth, but took a $402M noncash charge to discontinue PowerVision. Hims & Hers added branded weight-loss momentum with $753M revenue. Full story: https://getbiobrief.com/story/bio-alcon-q2-2026-power-vision ### 'We wouldn't exist': Canva, Employment Hero cited in plea to save CGT discount 2026-06-17 01:07:55 · Sector: startups · Sentiment: Negative · Impact: 7/10 · Sources: 4 Startup founders and investors clash over the impact of proposed CGT reforms at a parliamentary inquiry. While venture capital body warns iconic companies would not exist, Tim Doyle believes founders will still chase moonshots but calls for protecting employee equity from higher tax. Full story: https://getstartupbrief.com/story/canva-employment-hero-cgt-inquiry-startups ### 50% CGT discount on trial: Parliamentary inquiry weighs $36B legacy 2026-06-17 01:07:47 · Sector: legal · Sentiment: Negative · Impact: 7/10 · Sources: 4 The proposed CGT overhaul faces legal scrutiny as testimony reveals stark consequences for venture capital and employee equity. Key legal considerations include the transition to an inflation-indexed model and potential carve-outs for early-stage equity. Full story: https://getlegalbrief.com/story/tax-reform-parliamentary-inquiry-legal-36b ### Investors warn $36B venture capital pipeline at risk under Labor's tax overhaul 2026-06-17 01:07:30 · Sector: finance · Sentiment: Negative · Impact: 7/10 · Sources: 4 Finance professionals face a potential re-rating of Australian venture capital as proposed CGT reforms threaten after-tax returns. Testimony at a parliamentary inquiry highlighted that key unicorns might not exist under new rules, while a recent $1B exit underscores what’s at stake. Full story: https://getfinancebrief.com/story/venture-capital-tax-overhaul-36b-risk ### Hims & Hers Acquires Eucalyptus for $1.6B in Landmark Telehealth Consolidation 2026-02-24 04:12:41 · Sector: saas · Sentiment: Positive · Impact: 7/10 · Sources: 2 US telehealth giant Hims & Hers has completed a $1.6 billion acquisition of Australian startup Eucalyptus, marking a massive expansion into the Asia-Pacific market. The deal has created over 100 millionaires among Eucalyptus's Sydney-based workforce through a $300 million employee share pool. Full story: https://getsaasbrief.com/story/hims-and-hers-acquires-eucalyptus-1-6-billion-deal ### Hims & Hers Acquires Eucalyptus for $1.6B, Minting 100 Aussie Millionaires 2026-02-24 04:12:08 · Sector: startups · Sentiment: Positive · Impact: 7/10 · Sources: 2 US telehealth giant Hims & Hers has acquired Sydney-based startup Eucalyptus in a landmark $1.6 billion deal. The acquisition, fueled by a $637 million revenue run-rate and the global GLP-1 weight loss boom, has created over 100 overnight millionaires among the Australian firm's staff. Full story: https://getstartupbrief.com/story/hims-and-hers-eucalyptus-acquisition-analysis ### Hims & Hers Acquires Eucalyptus for $1.6B in Global Telehealth Consolidation 2026-02-24 04:10:02 · Sector: health · Sentiment: Positive · Impact: 7/10 · Sources: 2 US telehealth leader Hims & Hers has finalized a $1.6 billion acquisition of Australian digital health startup Eucalyptus, marking a major expansion into the Asia-Pacific market. The deal, driven by the explosive growth of GLP-1 weight-loss treatments, creates over 100 employee millionaires and solidifies Hims & Hers' position as a global powerhouse in direct-to-consumer healthcare. Full story: https://gethealthbrief.com/story/hims-hers-eucalyptus-acquisition-glp1-telehealth ### Hims & Hers Acquires Eucalyptus for $1.6B, Creating 100+ Employee Millionaires 2026-02-24 04:09:29 · Sector: hr · Sentiment: Positive · Impact: 7/10 · Sources: 2 US telehealth leader Hims & Hers has acquired Australian startup Eucalyptus in a $1.6 billion deal, triggering a massive wealth event for over 100 employees through its share option plan. The acquisition highlights the explosive growth of the GLP-1 and telehealth markets while setting a new benchmark for employee equity outcomes in the Australian tech ecosystem. Full story: https://gethrbrief.com/story/hims-hers-eucalyptus-acquisition-employee-wealth --- This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getyourbrief.com/guides/methodology for the full editorial methodology.