Tag Archive for sales

Mannatech Q1 Revenue Up 5.3% To $34.1 Million

-Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its first quarter of 2023.
First Quarter End Results
First quarter net sales for 2023 were $34.1 million, an increase of $1.7 million, or 5.3%, as compared to $32.4 million in the first quarter of 2022.
First quarter net sales for 2023 include the results of an annual promotion in March 2023 that occurred in April 2022. Our net sales increased 10.2% on a constant dollar basis (see Non-GAAP Measures, below) as foreign exchange decreased GAAP net sales by $1.6 million, mostly due to the decline of the Korean Won and Japanese Yen.
First quarter operating income for 2023 was $0.7 million as compared to less than $0.1 million for the first quarter of 2022.
Net income was $0.6 million, or $0.32 per diluted share, for the first quarter of 2023, as compared to net income of $0.1 million, or $0.06 per diluted share, for the first quarter of 2022.
For the three months ended March 31, 2023, overall selling and administrative expenses decreased by $0.5 million to $6.4 million, as compared to $6.9 million for the same period in 2022.

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Bravenly Global Achieving Strong Month-Over-Month Growth In 2023

Bravenly Global has grown exponentially over the past 12 months (700% increase to $8 million in sales) and continues to grow each month in 2023.
The two-year-old USA-based healthy lifestyle company achieved strong month-over-month sales growth in January, in February, and in March 2023; over the last two months, Bravenly experienced over +60% growth.
The company reported 80% Customer-to-Distributor ratio, with over 70% of their monthly revenues coming from Customers’ orders and re-orders.
CEO Aspen Emry shared:
“When my husband Brent (COO) and I started Bravenly a little over two years ago, we wanted to change lives and bring value-packed, craveable products that really work, coupled with an opportunity that has a positive, empowering impact on families’ lives.
It’s so rewarding to see tens of thousands of people enjoying these results-driven products, and hear the wonderful, heartfelt stories of people that love how they’re feeling better and restoring their optimal health.”
 Bravenly recently launched their new Pina Colada Rush Extreme, an all-natural beverage designed to deliver healthy essential energy, vitamins, laser-focus, boost mood, and on-point appetite control, and tastes like a delicious pina colada; this new nootropic drink quickly became one of the top-selling most popular products ever launched.

The company’s product line now totals 16

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Startup Go Global Achieves 50,000 Paid Customers And Distributors In 2 Months

GO Global: Second Month Surpasses Expectations with March Achievements.

The recently launched GO platform had a remarkable month in March after a historical and record breaking first month.  GO Global was able to achieve outstanding results that exceeded even its own expectations. In just 2 short months, GO Global is on pace to have the single best year in terms of total revenue and new customer acquisition compared to any company that has come before it. 
The company credits its initial success to its outstanding field leadership team that have shown they are committed to the company mission as well as vision of the corporate leadership team.  With this type of commitment from its leaders that span over 50 countries, GO Global is definitely on track to continue its success.
“We are thrilled with the outstanding results we achieved in March, and we are deeply grateful to our members for their unwavering support. Our commitment to transparency, accountability, and accessibility is at the core of everything we do.”
said CEO Nader Poordeljoo.

Despite being a relatively new player in the industry, GO Global has already set new benchmarks for the sector, and the number of sign-ups in March was evidence of the

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