Relatively new to network marketing, Will Zanders exemplifies that following a system can quickly create success. Just two short years ago, this former lawyer and undercover narcotics agent was working 70-hours per week and living paycheck-to-paycheck.
Network Marketing has allowed him to replace his income and, more importantly, has given him back his time to pursue his passions while helping others achieve their goals. He is excited to join LifeVantage as an independent distributor, and partner with Romacio Fulcher and two of the company’s top earners Tyler Daniels and Marcell Niederhauser.
“Having achieved some success in the industry as an award winning rookie executive, I knew exactly what the ideal opportunity looked like for me. The company had to be publicly-traded, have affordable revolutionary consumable products, a lucrative comp plan, proven leadership, a
Tag Archive for LifeVantage
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LifeVantage Appoints New Members To Board of Directors
by Nicole Dunkley • • 0 Comments
LifeVantage Corporation, recently announced today the appointment of Darren Jensen, the company’s President and Chief Executive Officer, and Dave Toole, a new independent director, to its Board of Directors. The election of Mr. Jensen and Mr. Toole brings the number of Directors to seven members and retains the independence of the Board.
“It is with pleasure that I accept the election to LifeVantage’s Board of Directors,” said Mr. Jensen. “I am honored to work together with our Board to continue to execute our growth plan.”
Mr. Toole stated, “I am pleased to join the Board of Directors of LifeVantage. The company has a strong foundation with effective and scientifically-backed products and has a number of exciting growth initiatives in place. I look forward to applying my experience to help LifeVantage maximize its potential.”
Garry Mauro,
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LifeVantage Launches Mobile Back Office App
by Ramya Chandrasekaran • • 0 Comments
LifeVantage Corporation has launched LifeVantage Pro, a proprietary mobile back office application specifically designed for its network of independent Distributors. The LifeVantage Pro App provides the Distributors access to their personal businesses in real-time and allows them to prospect from their contact list, place orders, view up-to-date business qualifications, and enroll people into their organizations – all directly from their smart phones.
“It is important for LifeVantage to adapt to the new technology paradigms taking shape within our industry,” said LifeVantage President and Chief Executive Officer Darren Jensen. “Anyone with a smartphone, tablet, laptop, or home computer now has the ability to manage their business from anywhere in the world. We will continue to deploy resources to this and other technology applications that will streamline our enrolment platform across all technologies, enhance business management
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LifeVantage Reports $45.4 Million Q1 Fiscal 2016
by Ramya Chandrasekaran • • 0 Comments
LifeVantage Corporation today reported financial results for its first quarter ended September 30, 2015.
First Quarter Fiscal 2016 Highlights:
Revenue was flat at $45.4 million when compared sequentially to $45.3 million for the fourth fiscal quarter of 2015;
Revenue in the Americas increased 3.0% and revenue in Asia/Pacific decreased 8.2% on a sequential basis;
Adjusted EBITDA increased 43% to $4.5 million, compared to $3.1 million in the fourth fiscal quarter of 2015;
Net income was $1.1 million which includes approximately $1.1 million of pretax executive transition costs;
Ended the quarter with $13.7 million in cash and reduced long-term debt by $3.1 million to $18.5 million;
Executed on strategic growth plan including launch of a new product and announced plan for expansion into the European Union.
“Our first quarter results were in-line with our expectations and reflect stability in our revenue
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LifeVantage Launches TrueScience Micro Lift Serum
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq: LFVN), has launched TrueScience Micro Lift Serum for immediate distribution in the United States.
The TrueScience Micro Lift Serum is a natural way to instantly diminish the look of crow’s feet, baggy skin, and dark circles around the eyes.
In as little as 3 minutes, it visibly tightens, smooths, and firms the skin around the eyes, quickly restoring a youthful looking radiance without sacrificing long-term skin health.
The TrueScience Micro Lift Serum pairs with the revolutionary TrueScience™ Skin Care system and is only available from LifeVantage.
“Customers today expect instant results from the products they use,” said LifeVantage President and Chief Executive Officer Darren Jansen.
“Our TrueScience Micro Lift Serum is in alignment with our strategy of offering demonstrable and effective products. It’s the ideal companion to our TrueScience skin
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LifeVantage Expanding Into European Union
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq: LFVN), announced today it would expand its operations and distributor network into the European Union beginning with the United Kingdom and the Netherlands.
The company intends to begin conducting business-building meetings within the two countries in February 2016.
According to the World Federation of Direct Selling Associations (WFDSA), the European Union represented nearly $33 billion in retail sales in 2014. LifeVantage is taking a deliberate approach to international market expansion, and both the United Kingdom and Netherlands play a critical role for the company to successfully expand into the European Union.
“It is our intent that these are the first of many launches into the European Union countries,” said LifeVantage President and Chief Executive Officer, Darren Jensen.
“The United Kingdom represents one of the fastest growing markets within the Direct Selling
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LifeVantage Presents True Science Skincare Regimen at IFSCC Conference
by Ramya Chandrasekaran • • 0 Comments
LifeVantage Corporation, announced today that Nathalie Chevreau, PhD, Senior Vice President of Research and Development, presented two poster abstracts describing the innovative aspects of TrueScience skin care regimen at the 2015 International Federation of Societies of Cosmetic Chemists Conference in Zurich, Switzerland.
Dr. Chevreau presented the anti-aging effect of the TrueScience skin care regimen through gene modulation in the skin layers, as well as a treatment of intrinsic and extrinsic aging. Visible and measurable clinical outcomes can be attributed to the unique Nrf2 ingredients extensive anti-aging efficacy and reversal of cellular stress and DNA damage.
The International Federation of Societies of Cosmetic Chemists (IFSCC) is a worldwide federation dedicated to international cooperation in cosmetic science and technology. Currently 47 Societies representing 57 countries are members. Individual membership now exceeds 15,000.
“IFSCC is the highest platform
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LifeVantage Announces 2015 Revenues Of $190.3 Million
by Ramya Chandrasekaran • • 0 Comments
LifeVantage Corporation today reported financial results for its fourth quarter and full year ended June 30, 2015.
Fourth Quarter Fiscal 2015 Highlights:
Revenue was flat at $45.3 million when compared sequentially to $45.2 million for the third fiscal quarter of 2015;
Revenue in the Americas increased 2.5% and revenue in Asia/Pacific decreased 5.5% on a sequential basis;
Adjusted EBITDA decreased to $3.1 million, compared to $3.3 million in the third fiscal quarter of 2015;
Completed implementation of annual cost structure improvements of approximately $4 million.
Full Year Fiscal 2015 Highlights:
Revenue was $190.3 million compared to $214.0 million for the prior fiscal year;
Revenue in the Americas decreased 2.2% and revenue in Asia/Pacific decreased 28.2% compared to the prior fiscal year;
Adjusted EBITDA was $17.4 million compared to $24.5 million for the prior year;
Reduced long-term debt to $20.7 million at
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LifeVantage Appoints New Chief Financial Officer
by Ramya Chandrasekaran • • 0 Comments
LifeVantage Corporation announced today that Mark Jaggi has been appointed Chief Financial Officer for the company effective August 24, 2015.
Mr. Jaggi is a highly experienced finance and operations executive, having spent the past 20 years in lead financial, operational, and strategic planning roles. Most recently, Mr. Jaggi served as Chief Financial Officer at TwinLab Consolidated Holdings, where he led and supported their debt and equity financing, as well as the financial and operational decision-making in all areas of the business.
Prior to TwinLab Consolidated Holdings, Mr. Jaggi served as Chief Executive Officer and Chief Financial Officer at Summit Industries, a manufacturer and marketer of pharmaceutical and non-regulated liquid and cream solutions. Prior to Summit Industries, Mr. Jaggi was Chief Financial Officer at O’Sullivan Industries, where he led the international financial processes including analysis, accounting
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Lifevantage Prelim Annual Revenues $190 Million
by Ramya Chandrasekaran • • 0 Comments
Lifevantage announced preliminary results for the fourth quarter and full year ended June 30, 2015.
For the fourth fiscal quarter ended June 30, 2015, the Company expects to report revenue of approximately $45 million, compared to $56 million for the same period of fiscal 2014. The change in revenue was primarily due to a decline in revenue from Japan. Operating income for the fourth quarter of 2015 was $1.5 million, compared to $4.7 million in the fourth fiscal quarter of 2014.
For the full fiscal year ended June 30, 2015, the Company expects to report revenue of approximately $190 million, compared to $214 million in fiscal 2014. Operating income for full fiscal year 2015 was $13.9 million, compared to $19.5 million in the prior year period.
During the full year of fiscal 2015, the Company