Immunotec, a direct-to-consumer company and a leader in the nutritional industry (the “Company” or “Immunotec”), today announced its year-end consolidated financial results for Fiscal 2014. All amounts in this press release are denominated in Canadian dollars unless otherwise indicated.
“We are pleased to report record full-year revenues and Adjusted EBITDA(1) in Fiscal 2014 fuelled by solid growth in our activities outside of Canada and operational leverage,” said Mr. Charles L. Orr, Chief Executive Officer.
“We are currently addressing some challenges related to our recent implementation of value-added taxes (VAT) in Mexico. More importantly, a growing number of consultants and customers throughout the world are experiencing the tangible benefits of Immunotec’s products and the business opportunities provide by our business model,” concluded Mr. Orr.
PERFORMANCE HIGHLIGHTS
Fiscal 2014 consolidated revenues increased 47.5% over the same period
Tag Archive for 2014
Hot Business News Today
Top 100 Global Direct Selling Companies 2015
by Ted Nuyten • • 0 Comments
Since 2004 Direct Selling News has been dedicated to telling stories focused on relating the opportunities direct sellers provide to millions of independent business owners around the globe. So it seemed only fitting for DSN to further recognize the industry by compiling a comprehensive list, starting in 2010, of the top direct selling companies in the world.
The DSN Global 100 list offers a unique perspective on the global impact of the industry on economic and social realms. It provides a range of mutual learning not only for industry members but also for researchers, investors and—most important—those seeking opportunities within the industry.
As Business For Home we have analysed the Sales for 2013 and 2014 based on the DSN figures and you find 2 lists below:
1. Based on 2014 sales with the growth or
Hot Business News Today
Youngevity Sales Up 56% To $134 Million In 2014
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (OTCQX: YGYI) (www.YGYI.com), a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the fourth quarter and full year ended December 31, 2014.
2014 Full Year Highlights:
Net Revenue increased 56.5% over the prior year to $134.0 million.
Gross Profit increased 48.8% to $76.3 million compared to the prior year.
Net Income of $5.4 million compared to $2.7 million. The increase in net income in 2014 was substantially due to a tax benefit of $4.7 million, which was mostly attributable to valuation allowance adjustments relating to deferred taxes.
“2014 was a strong year for Youngevity as we delivered solid financial results while continuing to make strategic investments to grow our diverse product line and
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Nu Skin Q4 Revenue Down From $1.06 Billion To $609 Million
by Ted Nuyten • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE: NUS) today announced fourth-quarter results with revenue of $609.6 million, the top end of the company’s guidance, compared to $1.06 billion in the prior-year period.
Revenue in the fourth quarter of 2013 was augmented by $350 million in limited-time offer sales of the ageLOC TR90 weight management system. Revenue for the quarter was negatively impacted 4 percent by foreign currency fluctuations.
Earnings per share for the quarter were at the top end of guidance at $0.77, versus $2.02 in the prior-year period. Earnings per share for the quarter were negatively impacted $0.08 by prepayment fees associated with the refinancing of the company’s debt, and $0.06 by foreign currency translation expense.
The company reported full-year 2014 revenue of $2.57 billion, a 19 percent year-over-year decline. Annual revenue was negatively impacted 3 percent by foreign currency fluctuations. Earnings per share for the year were $3.11 compared to $5.94 in 2013.
“Our business performed as we expected for the quarter, and we look forward to a solid 2015,” said Truman Hunt, president and chief executive officer.
“As we review the year, three factors impacted our results. First, our year-over-year comparisons were especially challenging considering that we were lapping a $550 million
Hot Business News Today
Mega Holding Achieves 400% Growth In Sales, Convention Has 15,000 Attendees
by Tina Williams • • 0 Comments
Mega Holdings announced their 2014 achievments of 400% growth in sales with major improvements of their product as well as 7 new Mega Stars. Mega Holdings is an international Direct Selling company providing online web hosting services.
Mega Holdings held 4 conventions last month with a total of 15,000 attendants. Three of those conventions were held in Turkey and one in Germany.
Diyarbekir, Turkey was the host city for the first convention with 4,000 representatives attending. The second convention was held in Istanbul with 7,000 represenatives and the Adana convention with 3,000.
During these conventions Wiesbaden, Germany also hosted 1,000 representatives from the Mega Holdings World team in Germany.
Dr. Hedi Khezrzadeh, international ambassador and the first Member of Million dollar club, addressed the corporate message to costumers and their visions for 2015. Mesut Opengin and Enes Olgun the top million dollar club members and Mega Stars of the company shared their vision and their plans of 2015 as well.
Mahmut Inan, Fatih Yazizci, Selim Doruk, Hasan Acer, Selman Olgun Mahmut Yaman and Hamit Dogan the Mega Stars of Mega Holdings toured all the conventions in Turkey.
The convention in Germany was held by Mega Holdings world team. Kerim Kakmaci, with one of the largest organizations, addressed the visions of the team for Europe in 2015.
Mega Holdings Convention
About Mega Holdings
Mega Holdings
Hot Business News Today
Fuxion Announces $80 Million In Sales In 2014 + 300%
by Ted Nuyten • • 0 Comments
FuXion has experienced 300% growth, closing out 2014 at the $80 million mark.
The forecast for 2015 is to continue the expansion of the company in North and Central America.
In addition to fantastic leadership, the FuXion difference is the quality of the product, the cost-benefits, technology, and a passion for science.
“My passion was always focused on the development of the products. We have invested a lot of time, effort and money to ensure we have an array of products that cover many of the aspects of physical health and we still have much to do.
However, I have discovered an even greater passion for transformation, through true health.
We have transformed lives of businessmen, entrepreneurs, distributors, families, regions; and we will not stop until we have achieved a positive transformation of this continent, and our world”, said Alvaro Zúñiga, FuXion’s CEO.
Mr. Zúñiga went on to say, “FuXion stands for nutraceutical fusion, which is the combination of cutting edge biotechnology with ingredients and active substances of millenary Andean, Mesoamerican and Asian cultures. We have more than 1500 bioactive principals and 5 patents, the most important being BioProtein+ with colostrum.
With this fusion of our passion for scientific product development, incredible price
Hot Business News Today
Jeunesse Celebrates Record Month In December With $61 Million In Sales
by Tina Williams • • 0 Comments
Finishes 2014 with over $400 Million in Sales Revenue
Jeunesse is celebrating its highest annual sales since the company’s inception, closing 2014 with record-breaking sales surpassing $400 million—a huge increase over its 2013 total of $256 million.
Continuing a streak of explosive growth in its fifth year since inception, Jeunesse achieved a record $61 million in sales in December, with 68,000 new distributors joining that month and over 6,500 on December 31st alone.
This new peak occurred only two months after its previous best month in October, when the company eclipsed $50 million in sales and welcomed more than 42,000 new distributors.
These record numbers cap a remarkable year of accomplishment for Jeunesse. A total of 367,000 distributors joined Jeunesse during the year, with 32 new Diamond Directors and 9 new Double Directors achieving the rank from 2014 alone. In April, Jeunesse won six American Business Awards, including Company of the Year, Corporate Social Responsibility Program of the Year, and Best Corporate Sales Video.
That same month, Jeunesse won twelve Telly Awards for their innovative, distributor-friendly marketing materials and ranked at #46 on Direct Selling News’ Global 100 List—a 32-spot rise from the previous year’s rankings. June 2014 heralded the company’s inclusion in
Hot Business News Today
LIMU Showed Exceptional Growth & Success In 2014 With Over 100 Awards
by Tina Williams • • 0 Comments
LIMU shared their successes on their website yesterday morning:
It’s been a busy year here at LIMU. Our Promoters have had some of the biggest months in LIMU history (December 2014 was our biggest December EVER) and because of that, LIMU’s award-winning corporate team has been hard at work all year on a wide range of events, materials and digital content to make sure Promoters can keep Being More. To give you a little hint at just how much the LIMU did in 2014, check out the list below!
108 Awards for Marketing and Branding Excellence
• 9 Stevies – American Business Awards
• Including BLU 2 — “People’s Choice” for Best New Consumer Product of 2014
• 14 MarCom Awards
• 7 Davey Awards
• 9 W3 Awards
• 4 Telly Awards
• 7 Videographer Awards
• 8 Creativity International Awards
• 7 Summit International Awards
• 16 Communicator Awards
• 7 Hermes Creative Awards
• 6 AVA Digital Awards
• 12 Graphic Design USA: Design Awards
• 2 Graphic Design USA: Packaging Awards
24 New Videos
• At LIMU Anyone Can Win
• LIMU is About Changing Lives
• Revised Getting Started
• Revised Why LIMU
• An Experience Like No Other
• LIMU LEAN Success Profiles
• BLU2 Launch
• #YoPros Think Outside the Boss
• #YoPros Text Invite (x4 – Josh
Hot Business News Today
Avon Makes Fortune Magazines 5 Worst Investments List
by Tina Williams • • 0 Comments
The second worst-performing stock outside the oil and gas exploration sector was Avon (AVN). The direct-selling company is facing soft consumer spending issues at home, and a host of problems abroad, including an economic slowdown in Brazil, a main profit center for the company.
Avon also recently settled a case with the Justice Department for $135 million over bribery allegations related to its business in China.
Avon shared the worst investment rankings with Mattell and Genworth Financial.
Avon Products, Inc, known as Avon, is an American international manufacturer and direct selling company in beauty, household, and personal care categories. As of 2012, Avon had annual sales of $10.0 billion worldwide in 2013.
It is the fifth-largest beauty company and second largest direct selling enterprise in the world, with 6.4 million representatives. Avon Products is a multi-level marketing company. The company’s CEO is Sherilyn S. McCoy, who was appointed to that position in April 2012. The former CEO, Andrea Jung, became the executive chairman of the board.
Hot Business News Today
Top Internet Marketers In Direct Selling – Poll 2014
by Ted Nuyten • • 0 Comments
The Top Internet Direct Selling Marketers. Internet marketing, also known as digital marketing, web marketing, online marketing, search marketing, is referred to as the marketing of products or services over the Internet from home or any place.
Marketers who can drive loads of prospects to websites for a small fraction of traditional advertising budgets. Leaders you have to follow if you want to build an online business, unless you want to “invent the wheel again”…
Some have mailing lists up to 3 million subscribers, some have one primary opportunity, others believe in multiple streams of income. Some build their own lessons, funnels and systems, others uses companies software.
Sometimes they are “behind the curtains” in Direct selling opportunities.
Marketers who can make a business opportunity an huge success. Masters in article,video marketing and sales funnels.
Innovators, leaders and teachers! Did we miss an huge Internet Marketer? Please send then a message to Ted Nuyten
The poll will close January 31 – 2015
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The Top 50 Top Internet Marketers of the year 2014.
Below results are in Real Time:
1. Shaqir Hussyin3 votes2. Aaron