Optavia-Medifast, a Billion Dollar network marketing company, reportedly generated $1,600 million in revenue for 2022. The company has strong financials with a healthy cash position and no debt, but its sales have plummeted. Their Q2 report showed that the company revenue was down 34.7% to $296 million. For more specific details on this report, you can refer to the article here.
According to the OPTAVIA website:
“Optavia offers four components to support you as you begin your journey toward Lifelong Transformation, One Healthy Habit at a Time. Your independent OPTAVIA Coach guides and supports you throughout your journey to optimal health & wellbeing.”
If any network Marketing company has a strong decline it is very hard to turn the decline around. Red alert big time. We have observed strong lack of independent distributor recognition.
Optavia – Medifast in Facts and Figures
Facts and figures as of the day of publication of this article:
Business for Home rating: A+
Current Business for Home Momentum Rank: 70 out of the 900+ world-wide network marketing companies in the BFH database.
Similarweb Rank: 61,126 globally, which ranks it 31 out of the 900+ world-wide network marketing companies in the BFH database.
Optavia – Medifast has 0 reviews on Business for Home, which ranks