Monthly Archives: February 2018

Auspicious Australia: Down Under rises to the top post-Brexit

Forget the arguments about remaining in the EU Customs Union, many British companies have already moved on, says the overseas shipping specialist ParcelHero. And ParcelHero reveals it’s Australia that’s rising to the top as a major export market. ParcelHero’s head of consumer research, David Jinks says, ‘Ignore all the talk of the US or BRIC
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Top tips to help employers win this Six Nations

The Six Nations rugby tournament is underway with the second round this weekend and excitement building for England who is attempting to take an unprecedented third consecutive title. This may not be great news though for Britain’s employers who are likely to be seeing an increase in employees with hangovers and a rise in sickness
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LifeVantage Q2 Year 2018 Revenue Up 1.1% To $49.5 Million

LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its second quarter ended December 31, 2017.
Second Quarter Fiscal 2018 Summary:

Revenue increased 1.1% to $49.5 million year over year and 0.7% sequentially;

Revenue in the Americas decreased 1.9% while revenue in Asia/Pacific & Europe increased 11.0% including a 9.3% increase in Japan, both on a year over year basis. On a sequential basis, revenue in the Americas increased 2.0% while revenue in Asia/Pacific & Europe decreased 3.0%, including a 4.4% decrease in Japan;

Active independent distributors and active preferred customers decreased 1.6% and 2.7%, respectively, year over year and decreased on a sequential basis 1.6% and 0.9%, respectively;

Adjusted EBITDA decreased 5.0% year over year to $3.7 million while increasing 37.6% sequentially;

Earnings per diluted share were $0.02 and adjusted earnings per diluted share were $0.11; and

Completed first share repurchases under the Company’s $5.0 million shares repurchase program.

“We continue to execute on our key initiatives for fiscal 2018 and generated both year over year and sequential revenue growth during the second quarter,”

stated LifeVantage President and Chief Executive Officer Darren Jensen.

“The recent launch of our highly anticipated Vitality Stack Packets is a key aspect of our product strategy initiatives.
We are also pleased to have successfully completed

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