Do you have a firm grasp on the retained earnings formula? This article explains how to find your company’s retained earnings.
Tag Archive for Earnings
Hot Business News Today
Juha Parhiala – OneCoin Achieves $4 Million Per Month In Earnings
by Ted Nuyten • • 0 Comments
Juha Parhiala has hit the $4 million per month mark with his OneCoin distributorship which makes him the Nr. 1 Top Earner in the world according to the Business For Home Top Earners Ranks.
In December 2015 he achieved $1,5 Million per month.
Juha is from Finland and resides in Thailand since many years. His worldwide organisation has $60+ million volume per week and OneCoin has worldwide 1,3 million+ members after the acquisition of OPN.
Estimated revenue for OneCoin in December 2015 is $350 Million, the company has achieved $1 – $1.5 Billion in sales since interception.
Remarkable, as digital currency OneCoin has started in September 2014, the company is headquartered in Europe with worldwide operations.
Asia is Onecoin’s stronghold, however the company is expanding quickly in Europe thanks to the merger with Conligus in April
Hot Business News Today
CVSL Announces 2nd Quarter Report With 10% Increase In Revenue
by Tina Williams • • 0 Comments
CVSL, Inc. reports preliminary financial results for the quarter ended June 30, 2015.
We analyze the earnings along side the following peers of CVSL Inc. – PCM, Inc., QuinStreet, Inc. and Mannatech, Incorporated (PCMI-US, QNST-US and MTEX-US) that have also reported for this period.
Highlights
Summary numbers: Revenues of USD 32.74 million, Net Earnings of USD -1.69 million, and Earnings per Share (EPS) of USD -0.05.
Gross margins narrowed from 66.31% to 64.47% compared to the same quarter last year, operating (EBITDA) margins now -5.05% from -15.93%.
Year-on-year change in operating cash flow of -16.46% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
Earnings growth from operating margin improvements as well as one-time items.
CVSL-US‘s change in revenue this quarter compared to the same quarter last year of 69.08% is
Hot Business News Today
Demond & Qiana Crump Earn $50,000+ In 1st Month At Youlab Global
by Ramya Chandrasekaran • • 0 Comments
Youlab Global, a new social commerce company taking the anti-aging direct selling marketplace by storm, is pleased to report Demond & Qiana Crump earned over $50,000 in commissions and bonuses their first month in the business.
“What I’ve realized and what I’ve come to respect in this industry is when you have the opportunity to work with corporate leadership that understands the dynamics of what it takes to build the field, it also helps build the company,” states Demond Crump. “If you’re able to find the right company and start at the beginning, this is where the wealth is created. When you join a company in the beginning, no matter how skilled or talented someone who joins later will be, they will never be able to surpass those people financially who were there
Hot Business News Today
Blyth Reports Quarterly Earnings At $9 Million Loss
by Tina Williams • • 0 Comments
Blyth, Inc. reports preliminary financial results for the quarter ended June 30, 2015.
We analyze the earnings along side the following peers of Blyth, Inc. – Lifetime Brands, Inc., GNC Holdings, Inc. Class A, Jarden Corporation, Vitamin Shoppe, Inc. and Tupperware Brands Corporation (LCUT-US, GNC-US, JAH-US, VSI-US and TUP-US) that have also reported for this period.
Highlights
Summary numbers: Revenues of USD 87.99 million, Net Earnings of USD -8.83 million, and Earnings per Share (EPS) of USD -0.55.
Gross margins narrowed from 64.24% to 61.48% compared to the same quarter last year, operating (EBITDA) margins now -4.32% from 0.74%.
Year-on-year change in operating cash flow of -88.46% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
Narrowing of operating margins contributed to decline in earnings.
Company Profile
Blyth, Inc. designs, manufactures, markets
Hot Business News Today
Blyth Earnings Down 16% In Second Quarter
by Tina Williams • • 0 Comments
Greenwich-based home fragrance and decor company Blyth (NYSE: BTH) announced last week a 16 percent decline in net sales for the second quarter of 2015 over the same period a year ago.
Net sales were $88 million compared to $104 million a year ago. The performance is only the latest in a string of poor quarterly reports from the company, and as a result shares have continued to plummet. Shares hit a 52-week low of $2.90 Wednesday and were up 0.59 percent at the end of trading Wednesday, still down almost 63 percent over a year ago.
Operating losses for the company totaled $7.1 million for the second quarter, compared to $2.1 million a year ago. The company recorded restructuring and impairment costs of $2.4 million at PartyLite’s manufacturing plant in Cumbria, England, related to the
Hot Business News Today
Rolf Kipp – FLP Top Earner Hits A $1.2 Million Bonus
by Ted Nuyten • • 0 Comments
ForEver Living Products German top earner Rolf Kipp has earned a $1.2 Million bonus. He joined FLP in june 1995.
Rolf stated:
Thanks to my parents, I found out about FOREVER. My mom had a kidney disease, which caused her skin to be paper-thin. My father, who unfortunately died 2 years ago, was diagnosed with prostate cancer. All of our friends were trying to help by suggesting different kinds of medications, different types of foods.
At that time (10 years ago), I read an interview with Mr. Rex Maughan, founder of FOREVER and really wanted to found out about their products. I sent fax to United States headquarters and literally next day received a reply from the person who was in charge of German territory. I decided that I should to develop my network
Hot Business News Today
Talk Fusion Associates Minh & Julie Ho Hit $8 Million
by Nicole Dunkley • • 0 Comments
Only five months after the announcement that they had earned $7 million dollars in their four years at Talk Fusion, Presidential Blue Diamonds Minh and Julie Ho have broken another record: topping $8 million in total earnings.
It’s been a whirlwind year for Talk Fusion’s biggest earners. In the few short months since May, Minh and Julie have spent three weeks on a 13 city Talk Fusion road trip, another 5 days in Maui as part of Talk Fusion’s Dream Getaway, travelled to Russia for their spectacular You Can! Event, were the Special Guests for two weeks of Business Opportunity events in Japan, and just finished a powerful, successful weekend at the huge HERO Event in Indonesia.
Capping the busy year with their new milestone of $8 million in earnings just highlights how far Minh and Julie have come. As explained in their amazing full story, the power couple rebounded from financial tragedy to financial freedom by sharing Talk Fusion.
Near bankruptcy and eviction from their one bedroom apartment, Minh and Julie faced a terrible uncertainty; not only for their own future, but for that of their seven children and four grandchildren as well.
“I just cried and cried,” says Julie. “We always