ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, recently announced financial results for the second quarter ended June 30, 2015.
“During July we pre-launched our Ketopia product system in two countries and expect this to be a top selling product. We will officially launch this product in January. Management intends to continue to improve its marketing plan to drive overall profitability. Management will continue to scrutinize expenses related to operating activities and order fulfillment to determine appropriate actions to take to reduce these costs as a percentage of sales. We continue to look forward to our bright future,” stated Ron Williams, CEO.
Second Quarter Financial Highlights
Total revenues increased 13.8% to $16,079,017, compared to $14,127,840 in the second quarter last year. The company has deferred revenue of $353,073 versus $162,542