Monthly Archives: May 2016

3 Smart Reasons to Build a Mobile App for Your Business

by Successful IBO • May 9, 2016 • 0 Comments

On the fence about creating a mobile app for your business? Here’s why you might want to start building yours now.

Tradespeople rate their tech skills higher than those of office workers

by Successful IBO • May 9, 2016 • 0 Comments

Nearly two thirds of tradespeople consider themselves to be more tech-savvy than office workers, according to a new survey.

Businesses in the dark as to interest rate on their bank account

by Successful IBO • May 9, 2016 • 0 Comments

More than a third of businesses are unsure what interest rate their business is currently receiving on their surplus funds, a study finds.

LifeVantage Q1 Revenue Up 24.4% To $56 Million

by Ted Nuyten • May 9, 2016 • 0 Comments

LifeVantage Corporation (NASDAQ:LFVN) reported financial results for its third fiscal quarter ended March 31, 2016.
Third Quarter Fiscal 2016 Highlights:

Revenue increased 24.4% to $56.2 million, compared to $45.2 million in the third fiscal quarter of 2015 and 8.0% on a sequential basis;
Revenue in the Americas increased 33.8% when compared to the third fiscal quarter of 2015 and 9.9% on a sequential basis;
Revenue in Asia/Pacific & Europe continued to improve, rising 1.7% on a sequential basis;
Adjusted EBITDA increased 54.6% to $5.1 million, compared to $3.3 million in the third fiscal quarter of 2015;
Adjusted earnings per diluted share increased 83.0% to $0.14, compared to $0.08 in the third fiscal quarter of 2015;
Refinanced term loan in March 2016, lowering the interest rate and improving cash flow.

“We are excited about our record revenue performance during the third quarter.

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Vemma Announces Convention Despite FTC Case

by Ted Nuyten • May 9, 2016 • 0 Comments

BK Boreyko, CEO Vemma has announced a Vemma Convention, on June 10 – 11 in Tempe, Arizona, USA, featuring Eric Worre and Bob Proctor despire the running FTC case against the company.
I have a lot of respect for BK Boreyko, Vemma’s CEO. It is a General who lost 95% of his resources, revenue and troops, is under heavy fire, refuses to surrender and makes progress.
“Never quit” is often a slogan in Network Marketing, BK Boreyko deserves the “Never quit” award!
BK Boreyko:

This Rise Up convention will be my smallest convention, yet most significant.

“Make plans now to join us here at your home office for the 2016 annual convention. Your weekend starts on Friday June 10th at 6 pm with an informal welcome home reception.
Then at 9 amSaturday morning, Eric Worre will bring his unique thoughts and

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Amore Pacific Q1 Revenue Up 22% To $1.5 Billion

by Ted Nuyten • May 9, 2016 • 0 Comments

Amore Pacific posted record earnings again as sales of its beauty products keep surging in China.
Korea’s biggest cosmetic maker on Monday said first-quarter revenues soared 22 percent compared to the same period last year to W1.76 trillion, while operating profit soared 31 percent to W419 billion (US$1=W1,141).
Sales in Asia grew 50 percent to play a key role in the stellar earnings performance. The operating margin reached 23.8 percent, which is even higher than Apple’s celebrated 23 percent and Google’s 21 percent last year.
Amore Pacific’s full-year operating margin is forecast at 18 to 20 percent given the cosmetics industry’s tendency to post higher operating profits in the first quarter due to lower marketing costs. But that is still an enviable edge for a manufacturer.
A company spokesman said brand awareness in China is rising,