Revenues in the second quarter of 2024 amounted to SEK 507.0 (407.9) million, corresponding to 24% (24%) growth compared to the corresponding period last year. EBITDA increased to SEK 63.0 (53.7) million, and the EBITDA margin amounted to 12.4% (13.2%).
During the quarter, Zinzino acquired the rights to Luxembourg-based Xelliss SA distributor database, inventory and IP assets, acquired 49% of the shares in the Cypriot olive oil producer Cleanthi Alpha-Olenic LTD and signed a letter of intent to acquire the US direct sales company Zurvita INC. In addition, the launch of Serbia was announced as the next step in the global expansion.
APRIL-JUNE
• Total revenue amounted to SEK 507.0 (407.9) million, corresponding to a growth of 24% (24%)
• Gross profit amounted to SEK 174.5 (148.5) million and the gross profit margin amounted to 34.4% (36.4%)
• EBITDA profit amounted to SEK 63.0 (53.7) million and the EBITDA margin amounted to 12.4% (13.2%)
• Cash flow from operating activities amounted to SEK 91.1 (46.3) million
JANUARY-JUNE
• Total revenue amounted to SEK 961.6 (801.6) million, corresponding to a growth of 20% (21%)
• Gross profit amounted to SEK 335.4 (279.2) million, and the gross profit margin amounted to 34.9% (34.8%)
• EBITDA profit amounted to SEK 114.7 (98.1) million,
Tag Archive for MLM Facts
Hot Business News Today
Industry Leader, Emilia Sherly Cundawan Enjoys Life-Changing Success at QuiAri
by Team Business For Home International • • 0 Comments
People join Network Marketing hoping it will give them more time to spend with friends and family, more money to spend on vacations, cars, and houses, and more control by being their own boss.
QuiAri Super Star Promoter, Emilia Sherly Cundawan obviously wanted all of those things, but what initially attracted her to Network Marketing was a desire for more confidence.
“I’m from a small town on the island of Flores, NTT, which is in Indonesia. I used to be very shy and unsure of myself. Even with a law degree, I still had low confidence. I got married and became a stay-at-home housewife, thinking it was what I was meant to be.
Then I met a very confident, secure mother and MLM professional who helped me believe I could be more. I joined Network Marketing and it changed my life. Today, I am a proud housewife, small business owner, and a successful Super Star Promoter at QuiAri.
QuiAri has helped my confidence soar. When I meet with prospects, I know I have the absolute best anti-aging Products – and only with Maqui and MaquiX® – as well as the world’s first 5-Minute Pay Opportunity,” stated QuiAri Super Star Promoter, Emilia
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Christopher Marsolle From Guadeloupe, France, Achieves Gold Leader Rank At Yanoli
by Team Business For Home • • 0 Comments
Christopher Marsolle, an outstanding entrepreneur from Guadeloupe, France, has reached the prestigious rank of Gold Leader.
In just a year and a half, Christopher has climbed to the top of Yanoli’s global network, becoming the number one distributor worldwide. His achievement not only highlights his unwavering dedication but also showcases the incredible potential that Yanoli offers to those ready to embrace this unique opportunity.
With over 17 years of experience in network marketing, Christopher Marsolle has consistently turned challenges into opportunities. Starting at the age of 12 in his family’s business and later managing a restaurant for a decade, the 2020 pandemic was a turning point in his career.
Faced with the closure of his businesses, including a historic rum distillery in Guadeloupe, Christopher made the bold decision to fully commit to network marketing with Yanoli.
Eric Worre and Christopher Marsolle
Drawn to Yanoli by the company’s high-quality products and strong community support, Christopher quickly recognized that this was the ideal platform to develop both his potential and that of his team.
As an inspiring leader, he emphasizes the importance of health, financial independence, and the power of e-commerce—core values at the heart of Yanoli.
Today, Christopher Marsolle stands as a shining example of success and a
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Jason & Ty Miller Achieve Highest Rank In LifeWave
by Team Business For Home • • 0 Comments
Jason and Ty Miller, achieve Senior Presidential Director, Highest Rank at LifeWave within just 12 months of their decision to commit fully to the opportunity.
The Millers have 14 years of experience in network marketing, they’re dedicated to building a strong team, and focused on helping people achieve success in all aspects of life.
The Millers connected with LifeWave at the perfect moment in their life. They had been searching for a company offering a unique product, a positive culture, and a robust compensation plan. They found their match with LifeWave and the THIS IS IT Team led by network marketing legends, Steve and Gina Merritt.
The Millers highlight the X39 wearable device, with its exclusive technology and supportive community, as the best product they’ve encountered in network marketing.
Jason explains,
“We’ve never experienced anything like the LifeWave opportunity. The regenerative health technology is unparalleled, creating a unique blue ocean opportunity. Combined with the Merritt’s’ proven THIS IS IT System, we are more passionate than ever since we began our network marketing journey in 2010. Our capacity to help others achieve their goals and dreams has never been greater.”
Jason and Ty’s journey in direct selling began over 14 years ago after successful careers
Hot Business News Today
Jason and Ty Miller Achieve Highest Rank In LifeWave
by Team Business For Home International • • 0 Comments
Jason and Ty Miller, achieve Senior Presidential Director, Highest Rank at LifeWave within just 12 months of their decision to commit fully to the opportunity.
The Millers have 14 years of experience in network marketing, they’re dedicated to building a strong team, and focused on helping people achieve success in all aspects of life.
The Millers connected with LifeWave at the perfect moment in their life. They had been searching for a company offering a unique product, a positive culture, and a robust compensation plan. They found their match with LifeWave and the THIS IS IT Team led by network marketing legends, Steve and Gina Merritt.
The Millers highlight the X39 wearable device, with its exclusive technology and supportive community, as the best product they’ve encountered in network marketing.
Jason explains,
“We’ve never experienced anything like the LifeWave opportunity. The regenerative health technology is unparalleled, creating a unique blue ocean opportunity. Combined with the Merritt’s’ proven THIS IS IT System, we are more passionate than ever since we began our network marketing journey in 2010. Our capacity to help others achieve their goals and dreams has never been greater.”
Jason and Ty’s journey in direct selling began over 14 years ago after successful careers
Hot Business News Today
Ice Elements 2 Minute Miracle Gel Joins the MyDailyChoice Marketplace
by Team Business For Home International • • 0 Comments
MyDailyChoice (MDC) is excited to announce the latest addition to the MDC Marketplace: Ice Elements 2 Minute Miracle Gel.
Known for its widespread acclaim on Live TV platform HSN (Home Shopping Network) and GRC (Guthy-Renker, Corp.) infomercials, this revolutionary skincare product is now available on the Marketplace promising a transformative skincare experience that delivers visible results in just two minutes.
Shelly Maguire: A Skincare Visionary
The genius behind Ice Elements is Shelly Maguire, a renowned figure in the beauty and skincare industry with over two decades of developing her own Ice Elements brand, as well as multiple well-known celebrity brands. Shelly has developed more than 150 anti-aging products throughout her career, earning her a reputation as a trusted authority in skincare. Her formulations have become daily essentials for many, and now, through her partnership with MDC Marketplace, she brings her best-selling product to a broader audience.
“Shelly Maguire’s expertise and passion for skincare innovation align perfectly with our mission at MyDailyChoice,”
says Josh Zwagil, CEO of MyDailyChoice.
“We are excited to offer Ice Elements 2 Minute Miracle Gel to our customers and affiliates, adding a product that truly stands out in the beauty industry.”
The Miracle Gel: Revolutionizing Skincare
Ice Elements 2 Minute Miracle Gel has
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Discover the Benefits of Being Present on Neora’s Built to Win Podcast
by Team Business For Home International • • 0 Comments
If you’ve wondered if those who seem to be super focused or “in the zone” have somehow found a magic gear, you may be right.
When we learn how to tap into our flow state, we are fully immersed in the task at hand and experience a deep sense of focus, involvement, and enjoyment.
This state of mind is often described as timeless, where nothing else seems to matter. It’s not magic or even unattainable, but it takes awareness to understand what is happening and the resilience to keep practicing.
Neora Founder Jeff Olson and CEO Deborah Heisz delve into this fascinating topic to talk about how being “in the moment” can help unlock the doors to personal and business success on Episode 19 of the Built to Win Podcast, “The Importance of Being Present.”
“It’s the one thing in the last 10 years of my life that has truly made a difference in parenting, my work, getting things done, and in the relationships, I have,” Deborah says.
Throughout the episode, Deborah and Jeff demystify the concept of “flow” and explain that while it may be hard to master, the art of the practice of being truly present can help you improve outcomes
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LifeVantage Annual Revenue Down 6.2% To $200.2 Million
by Team Business For Home • • 0 Comments
LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today reported financial results for its fourth quarter and full fiscal year ended June 30, 2024.
Fourth Quarter Fiscal 2024 Summary*:
Revenue of $48.9 million, a decrease of 9.8% from the prior year period. Excluding the negative impact of foreign currency fluctuations, fourth quarter revenue was down approximately 8.0%;
Revenue in the Americas decreased 4.1% and revenue in Asia/Pacific & Europe decreased 25.2%.
Excluding the negative impact of foreign currency fluctuations, fourth quarter revenue in Asia/Pacific & Europe decreased 18.6%;
Net income per diluted share was $0.10, versus $0.15 per diluted share a year ago;
Adjusted earnings per diluted share were $0.14, compared to $0.17 a year ago; and
Adjusted EBITDA of $4.8 million was flat compared to a year ago.
*All comparisons are on a year over year basis and compare the fourth quarter of fiscal 2024 to the fourth quarter of fiscal 2023, unless otherwise noted.
Fiscal Year 2024 Summary**:
Revenue of $200.2 million, a decrease of 6.2%.
Excluding the negative impact of foreign currency fluctuations, fiscal year 2024 revenue was down approximately 5.2%;
Revenue in the Americas decreased 1.6%, and revenue in Asia/Pacific & Europe decreased 18.6%.
Excluding
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Mōdere Strengthens Leadership Team
by Team Business For Home • • 0 Comments
Mōdere (or the “Company”), a global leader in clean health and wellness, today announced the strategic appointment of three experienced executives to its leadership team, further positioning the Company for significant future growth.
Joining Mōdere are Heath Tilley as Senior Vice President of Global Operations, Cammie Taylor as Chief People Officer, and Jeff Hildebrandt as Senior Vice President of Global Marketing. These key appointments reflect Mōdere’s commitment to enhancing its operational, human resources, and marketing capabilities.
Nate Frazier, President and Executive Chairman of Mōdere, said,
“We continue to build Mōdere as a destination for top talent who can accelerate our vision to become the most trusted name in wellness. We’re pleased to welcome Heath, Cammie, and Jeff to strengthen our deep leadership team as we lay the groundwork for Mōdere’s future.”
Heath Tilley, Senior Vice President of Global Operations, brings over 30 years of end-to-end supply chain experience in fast-moving consumer goods, having worked across the direct-to-consumer, traditional retail, direct selling, and wholesale channels. His global expertise spans multiple industries, including food and beverage, nutrition, personal care and beauty, and consumer durables with leadership roles at Nestlé and Amway Global, where he managed multinational teams generating over $10 billion in sales. His charismatic leadership, technical
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Frequense Launches In The United Kingdom
by Team Business For Home • • 0 Comments
With Strong Infrastructure and Exciting Affiliate Bonuses
Frequense, the innovator in frequency-charged nutrition, is thrilled to announce its official launch in the United Kingdom. This strategic expansion is built on a foundation of solid infrastructure, ensuring that operations are launched correctly and efficiently. Frequense is committed to supporting its growth with systems that empower affiliates and customers alike, making the UK launch not just another expansion, but a significant stride towards global wellness empowerment.
Barb Pitcock, CEO of Frequense stated:
“Our move into the UK is backed by a solid infrastructure designed to do things right from the start. We’re not just opening up shop; we’re creating a sustainable environment where entrepreneurs and wellness enthusiasts can thrive. This launch is about laying down the right foundations and ensuring that we’re here for the long haul.”
Frequense stands out in the industry by ensuring that affiliates are paid based on the sale amount, not through convoluted volume games.
Dave Pitcock, Co-CEO of Frequense explained:
“Our affiliates appreciate transparency and simplicity. By being paid on the actual sales they make, our partners can focus more on growing their business and less on navigating complicated compensation structures. It’s straightforward and it’s fair.”
To coincide with the UK launch, Frequense is