Tag Archive for business

BODi Reports Q4 and Full Year 2024 Financial Results

The Beachbody Company, now known as BODi, shared financial results for Q4 and the full year of 2024.
Fourth Quarter 2024 Financial Highlights:

Total revenue was $86.4 million, compared to $119.0 million in the prior year period, a decrease of $32.6 million.
Digital revenue was $50.4 million, compared to $64.0 million in the prior year period, a decrease of $13.6 million.
Nutrition and Other revenue was $34.8 million compared to $51.8 million in the prior year period, a decrease of $17.0 million.
Connected Fitness revenue was $1.2 million compared to $3.2 million in the prior year period, a decrease of $2.0 million, and approximately 2,700 bikes were delivered.
Operating loss during the quarter decreased to $32.9 million from $60.4 million in the prior year period, and adjusted EBITDA during the fourth quarter was $8.7 million, compared to $2.8 million in Q4 2023.
Total operating expenses were $93.8 million, which included a $20.0 million impairment of goodwill, compared to $134.3 million in the prior year period, which included a $43.1 million impairment of goodwill and intangible assets.

Full-Year 2024 Financial Highlights:

Total revenue was $418.8 million, compared to $527.1 million in the prior year, a decrease of $108.3 million.
Digital revenue was $224.3 million, compared to $258.4 million in the prior year,

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Bella Grace Appoints Gabriel Sanchez as Global President

Bella Grace Global, a leader in luxury beauty, wellness and digital products, is pleased to announce the appointment of Gabriel “Gabby” Sanchez as Global President. Sanchez brings nearly two decades of domestic and international business development experience, along with a deep passion for empowering individuals worldwide.
Kristina Kajic, Co-Founder of Bella Grace, expressed her confidence in Sanchez’s leadership, stating:

“Gabby will play a pivotal role in our domestic and international expansion. With the launch of our newest digital product offering, influencingU, I have every confidence that his experience and expertise will drive Bella Grace’s continued innovation, growth, and business opportunities.”

About Gabriel “Gabby” Sanchez
Native to southern Mexico, Sanchez’s career spans international law and executive leadership in direct selling. After practicing international business law for 12 years before transitioning into direct sales in 2012, his leadership has driven significant market expansion, revenue growth, and global reach for top direct sales companies. Most recently, as President of Sales for one of the industry’s fastest-growing direct sales companies, he led expansion from 3 to 47 markets.

“I am honored to be part of a company that is redefining how social media marketing impacts the beauty and wellness industry. Bella Grace’s commitment to quality, empowerment, and authenticity resonates

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Jeana Brock Featured Recommended Distributor For LiveGood

Through sheer hard work and determination, Jeana Brock has become a celebrated leader in the direct selling profession.
As a leading distributor for network marketing company, LiveGood, Brock balances her success in the business world as a mother of a young boy in Canterbury, England. She has made her mark by assisting other parents to build time and financial freedom right from their homes. Connect with her on Facebook to learn more.
According to Business for Home, a leader is defined as one who can guide, motivate team members, inspire respect, and explain the benefits of the compensation plan. Based on this definition, Jena Brock is a true leader, excelling in their role and inspiring others with their dedication and drive.
Jena Brock’s achievements in LiveGood, a network marketing company, has earned her the title of Featured Recommended distributor. In the complex and competitive sphere of network marketing, Jena has emerged as a reliable leader and successful professional networker.

Basing her operations in Canterbury, England, Jena Brock is a mother to a young son. She passionately advocates for financial and time freedom for parents wanting to work from home. This vision drives her work in LiveGood, where she uses her leadership skills to motivate

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Zilis™ Sets New Standard in Direct Selling with Revolutionary, Transparent NIL Program

Zilis™, a global leader in health and wellness, proudly announces revolutionary and transparent NIL program.
In a bold and revolutionary move for the direct selling industry, Zilis is launching an industry-first Name, Image, and Likeness (NIL) program, designed to attract top-tier talent with unprecedented transparency and fairness.
This initiative comes on the heels of Zilis’ game-changing new compensation plan, which redefines earning potential and levels the playing field for entrepreneurs, influencers, and sales professionals alike.
By adopting an NIL model similar to that of the NCAA, Zilis is ensuring that individuals are rewarded not just for sales, but for their leadership, influence, and ability to drive meaningful change.
This transparent approach marks a pivotal shift in the direct selling industry, where compensation structures have often lacked openness.
Angie Thompson, Zilis Founder & CEO said:

“This is a defining moment for the direct selling industry. We are revolutionizing talent recruitment in the direct selling industry by removing outdated barriers and introducing a fully open system where opportunities and recognition are clearly defined, ensuring that merit, authenticity, and hard work are rewarded without hidden agendas.”

With this first-of-its-kind NIL program, Zilis is taking direct selling into a new era; one that prioritizes honesty, opportunity, and empowerment. This move solidifies the company’s position as an industry leader, challenging traditional norms and

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QuiAri’s “One Family” Culture Attracts Top Industry Leaders Worldwid

As one of the fastest-growing companies in the Network Marketing Industry, QuiAri has been praised by industry experts for its consistent momentum, explosive growth, and unstoppable success.
Leading the charge and leaving a massive global footprint along the way is QuiAri Founder & CEO, Bob Reina, who routinely makes headlines for his innovative, revolutionary approach to MLM. Bob believes that success is 100% driven by mindset, and that mindset is putting the needs of others first and always doing what is right.
 Revolutionary “World’s New #1” Anti-Aging Products
Bob collaborated with the #1 Maqui Berry Expert, Dr. Juan Hancke because he wanted to help others look and feel younger. Dr. Hancke had recently received a $5 Million grant from the World Health Organization to study the healthy benefits of the Maqui Berry, the world’s new #1 anti-aging superfruit. The result of their collaboration was MaquiX®, a proprietary, super-concentrated Maqui Berry extract with up to 10 times the antioxidant power of Maqui alone. Now people worldwide are rediscovering their youth and experiencing the life-changing health benefits of QuiAri’s exclusive Youth Activation System (QuiAri Shake, Energy, and Prime Anti-Aging Gel).
 The World’s First & Only 5-Minute Pay Opportunity
Over 613 million people around the world live

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Amway Ranked #1 Direct Selling Company in Ukraine

Amway was named Ukraine’s No. 1 direct selling company at the retail sales level for 2024, which affirms the company’s leadership position and its development of entrepreneurship in the country. Amway Ukraine saw a 10% growth rate – an incredible achievement, especially in light of the country’s complex economic situation. 
Amway has invested in Ukraine for over 20 years, developing its entrepreneurial ecosystem, providing people with opportunities to build their own businesses, and offering high-quality products that support a healthy lifestyle and wellbeing. Amway Ukraine’s success mirrors Amway’s ongoing position as the No. 1 direct selling business in the world.
Jon Voskuil, Managing Director of the Amway ESAN (Europe, Southern Africa, Australia & New Zealand) region, shared:

“We are thrilled to see such growth in Ukraine and to know that Amway is making a difference in the market. We are so proud that our unique business opportunity offers Ukrainians the chance to achieve personal success through entrepreneurship.”

Healthy Lifestyle and Wellbeing Drive Dynamic Growth 
Amway Ukraine’s No. 1 position is the result of in-demand products and solutions promoted by enterprising Amway Business Owners.
While Amway has been part of the health and nutrition industry for decades, its modern portfolio, which addresses today’s healthy lifestyle and wellbeing

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Bravenly Welcomes 1,500+ Attendees, Launches New Products, Celebrates Record-Breaking Growth

Bravenly Global kicked off 2025 with a history-making BNC25 event last month in Dallas, Texas, bringing together over 1,500+ excited entrepreneurs, leaders, and passionate wellness advocates for an unforgettable weekend of celebration, recognition, inspiration and training.
This conference also marked a major milestone for Bravenly Global, as the company officially celebrated surpassing $50 million in annual revenue for 2024, a testament to its strong customer loyalty, high reorder rates, supportive community, mentorship, and mission-driven growth. 

 Watch video recap here >

Some of the highlights of the weekend included the launch of several exciting new products—Bravenly Adapt; Bravenly Hydrate in Sticks (including Strawberry Kiwi, Mango Yuzu, and Lemon Lime); and Ignite On-the-Go. These new additions, which include Adapt’s innovative blend of 8 functional mushrooms for stress, immune function, cognition and adrenal support— plus the convenient new “travel-friendly” versions of Bravenly’s best-selling hydration and energy support formulas—were met with overwhelming enthusiasm, highlighting the company’s commitment to providing best-in-class, craveable, results-driven wellness solutions.

Saturday’s Red Carpet Awards Night was filled with nonstop unforgettable moments, as Bravenly celebrated thousands of rank achievements, and honored many leaders who went above and beyond in 2024 in leadership, serving their customers, social media, new rising stars and many more, awarded

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Steve & Gina Merritt Lead Historic RISE UP Virtual Convention at Worre Studios

THIS IS IT Team Propels LifeWave to Unprecedented Growth and Sets Their Sights on One Million Members in 2025
Steve and Gina Merritt, alongside their powerhouse THIS IS IT Team, hosted the RISE UP Virtual Convention at Worre Studios in Las Vegas, marking a defining moment in network marketing history. As the leaders of LifeWave’s #1 fastest-growing team, the Merritts cast a bold vision—one million members in 2025. The momentum is unstoppable. The growth is undeniable. The industry has never seen anything like it.
RISE UP Virtual Convention Recap Video:

The RISE UP Convention was more than an event—it was a movement. The energy in the room was electric as leaders, entrepreneurs, and visionaries aligned with the most lucrative opportunity in network marketing today. Attendees received elite-level strategies, leadership training, and industry insights from LifeWave’s most powerful leaders.
Matt and Kim Curtis ignited the event with a high-energy message on the power of dreaming big, challenging attendees to RISE UP and refuse to settle for anything less than success.

Then, came one of the most historic moments of the weekend. David Schmidt, CEO and inventor of X39, addressed the crowd via hologram technology, honoring THIS IS IT Team as the fastest-growing team in LifeWave. He

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Mannatech Shares Q4 and 2024 Year-End Results

Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced its fourth quarter and full-year 2024 financial results.
Highlights include a return to profitability, improved operating results, margin expansion, and enhanced cost efficiency, underscoring the company’s resilience and forward-looking strength.
Fourth Quarter 2024 Financial Highlights:

Return to Profitability: Net income of $2.3 million (or $1.20 per diluted share) in Q4 2024, a strong turnaround from a net loss of $1.8 million (or $0.94 per share) in Q4 2023.
Higher Margins: Gross profit margin expanded to 80.5% in Q4 2024, up from 75.4% in the prior-year quarter, reflecting improved operational efficiency and cost management.
Improved Operating Results: Operating income of $0.9 million, compared to an operating loss of $0.9 million in Q4 2023, driven by disciplined expense control and productivity gains.
Cost Efficiency: Selling and administrative expenses in Q4 were reduced by $1.7 million year-over-year, through streamlined operations and lower marketing, payroll, and travel costs.

Full-Year 2024 Financial Highlights:

Annual Profit Growth: Net income of $2.5 million (or $1.32 per diluted share) for full-year 2024, a significant improvement from a net loss of $2.2 million (or $1.20 per share) in 2023.
Positive Operating Income: Operating income of $1.4 million for 2024, compared to an operating loss of $1.0 million

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Frequense Lanza Oficialmente en México: Comienza una Nueva Era de Bienestar y Oportunidad

Frequense se complace en anunciar su expansión oficial a México, marcando otro emocionante capítulo en el crecimiento global de la compañía. Con productos que ahora se envían directamente desde nuestro almacén en México, tanto clientes como afiliados se beneficiarán de entregas más rápidas, un servicio confiable y acceso sencillo a nuestra innovadora línea de soluciones de bienestar con carga de frecuencia.
Este lanzamiento representa mucho más que la apertura de un nuevo mercado: es el comienzo de una oportunidad poderosa para que personas en todo México se unan a un movimiento centrado en la salud, el empoderamiento y el potencial de generar ingresos sostenibles.
Frequense trae algo completamente nuevo al espacio de bienestar en México. Como la primera empresa en introducir nutrición cargada con frecuencia en el mercado, Frequense ofrece productos únicos, respaldados por ciencia y que ya están teniendo un impacto transformador en todo el mundo. Nuestro producto insignia, RISE, es una mezcla nootrópica que combina siete hongos orgánicos, nootrópicos potentes y vitaminas metiladas, todo potenciado con nuestra tecnología exclusiva de carga de frecuencia, diseñada para apoyar la claridad mental, la energía celular y el bienestar integral.
Junto con sus productos revolucionarios, Frequense también está redefiniendo lo que debe ser una oportunidad

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