Mannatech, Incorporated (NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its third quarter of 2018.
Third quarter net sales for 2018 were $43.0 million, an increase of $1.0 million, or 2.4%, as compared to $42.0 million in the third quarter of 2017. For the three-month period ended September 30, 2018, our net sales increased 2.9% on a constant dollar basis (see Non-GAAP Financial Measures, below) as compared to the same period in 2017, while unfavorable foreign exchange caused a $0.2 million decrease in GAAP net sales as compared to the same period in 2017.
Income from operations was $1.7 million for the third quarter 2018, as compared to income of $0.7 million in the same period in 2017. Due to taxes, our net loss was $1.7 million, or $0.69 per diluted share, for the third quarter 2018, as compared to net income of $1.4 million, or $0.50 per diluted share, for the third quarter 2017.
For the three months ended September 30, 2018, the Company’s effective tax rate was 167.8% as compared to (58.5)% for the same period in 2017. The effective tax rate for the three months ended September 30,
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Rajiv Rai From Nepal Achieves Executive Rank With LEO
by Ted Nuyten • • 0 Comments
Originally from Nepal, and now living in Germany, Rajiv Rai is a truly inspirational young entrepreneur. Joining Learning Enterprises Organisation Ltd (LEO), a global entrepreneurship training company, in 2015, he has achieved impressive success at a young age with his LEO direct selling business, and has recently reached Executive rank.
Armed with a positive mindset and a passion for his work, he has overcome all obstacles in his way, and now aims to help others in his native land achieve similar success.
The path to success has not always been smooth for this dynamic young direct selling professional from Nepal, who has had to combat deep-rooted mistrust of the industry in his home country. However, his determination to succeed has won through and he is now building an impressive global business.
So, we spoke to Rajiv to learn a little more about this extraordinary entrepreneur.
What led you to join LEO and what do you like most about the company?
I joined LEO because I wanted to be a successful entrepreneur and it was the best decision that I ever made.There are many things that I love about the company. I love the LEARN EARN OWN concept behind LEO, and especially its amazing education products.
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Top Earners In Network Marketing – Life Time Earnings
by Ted Nuyten • • 0 Comments
What can you make in Direct Selling in total over the years?
Business For Home is publishing THE ESTIMATED LIFETIME EARNINGS for the Top Earners in Multi Level Marketing, Network Marketing and Direct Selling.
Impressive numbers! This shows the world Direct Selling is a very interesting business opportunity. Stable and lifestyle changing!
The longer a Top Earner stays with a company, the higher the earnings…. The residual guys and girls, True financial freedom, enough time and money to play golf…
The numbers are Totals so if a Top Earner made $2 million in Company A and move to Company B and made there $3 milllion he/she is ranked for $5 million. If he/she leaves an opportunity the last know company is listed.
As top earners sometimes move to an other company, or companies merge, it does NOT always mean below Top Earners have earned their total in below company 🙂
Any updates, adjustments or did we miss you?
Please fill in this form
Nr.NameEst. LifetimeCompany1Dexter and Birdie YagerEst. Lifetime $ 460,000,000CompanyAmway2Nancy DornanEst. Lifetime $ 125,000,000CompanyAmway3Jeff RobertiEst. Lifetime $ 100,000,000CompanyJuice Plus+4Rolf KippEst. Lifetime $ 80,000,000CompanyForever Living Pr.5Barry Chi and Holly ChenEst. Lifetime $ 75,000,000CompanyAmway6Igor Alberts and Andreea
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Rachel And Javier Garcia – PURE Achieve Chairman Black Diamond Rank
by Ted Nuyten • • 0 Comments
According to a PURE press release:
PURE is pleased to announce that Rachel and Javier Garcia, Independent Business Owners (IBOs), achieved the prestigious rank of Chairman Black Diamond this week. Through the company’s PURE Rank Bonus program, the Garcia’s received a bonus for $37,500 on top of their weekly commissions.*
“The ability to build true residual income working part time from home is just a dream for so many but has become real life for us and so many on our team,”
said Rachel Garcia.
“If you haven’t looked at PURE yet, don’t wait. We won’t be the company no one has heard of much longer.”
The Garcia’s started many businesses over the years and when they found PURE they jumped in with both feet and discovered life-changing results. They have found the business model to be the absolute best way to bring an additional income stream into their home, working when they want to, with the people they want to work with.
“Rachel is one of the best examples of work ethic; she has mastered consistency and persistency, two of the most critical elements of high-level success in our profession and we are proud to see her winning big at this level,”
said IBO
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LifeVantage Convention Attracts 4,700 Reps And Introduces TrueScience Hair Care System
by Ted Nuyten • • 0 Comments
LifeVantage (Nasdaq:LFVN ) a Triple A classified opportunity by Business For Home, concluded its Global Convention over the weekend after four days of company updates, trainings, and introducing a new product line. The event drew over 4,700 registrants from more than 10 countries to the Salt Palace Convention Center in Salt Lake City, Utah.
LifeVantage CEO Darren Jensen kicked off the convention by recapping the company’s recent success in Europe, it’s successful launch in Taiwan, and being recognized with a Stevie Award at the International Business Awards in London earlier this month.
His attention, however, quickly turned to three key strategic initiatives the company is currently focused on, including an ongoing effort to “transcend transaction,” continue to turn technology into a competitive advantage, and better tell the company’s opportunity story.
“In order to continue to succeed, we must transcend transaction,” Jensen said.
“We have to offer our customers more than products – we need to continue to create a movement.”
It’s a movement that, according to the numbers, is gaining traction. LifeVantage has seen a significant increase globally in basket size the past 12 months in the wake of the company’s Vitality Stack launch and increased customer and distributor retention across the board.
LifeVantage’s biohacking community now
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Jeunesse For The Second Time Classified As Triple A Opportunity
by Ted Nuyten • • 0 Comments
Jeunesse is re-classified as Triple A (AAA+) opportunity based on key figures such as revenue, momentum, Alexa ratings, poll results, input from direct selling professionals, top earners and Head Office visits we regularly conduct.
The first time Jeunesse received a Triple AAA+ classification was in June 2016 and since that time, Jeunesse ‘s growth has been exceptional.
Business For Home recommends Jeunesse. There is high certainty that the net benefit is substantial for a (new) representative.
Jeunesse is a global direct selling company with a mission to positively impact the world by helping people look and feel young, while empowering them to unleash their potential.
The company’s exclusive skin care, hair care and nutritional products make up a comprehensive Youth Enhancement System. Jeunesse is a privately held company based in Lake Mary, Florida, USA.
With multilingual customer service, a back office support team, global enrollment system and in-house programming, the company has developed a cutting-edge, global platform that has harnessed the power of technology to share innovative products, training and support through 34 fully operational offices to markets in over 140 countries.
Now in its tenth year of business, Jeunesse first achieved billion-dollar annual sales in 2015. The company has maintained annual sales of more than $1 billion for the past three years, with revenue of $1.3 billionin 2017.
Since 2014,
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Matt Morris – Recognized As WorldVentures Nr. 1 Top Earner
by Ted Nuyten • • 0 Comments
At WorldVentures convention in Las Vegas, Matt Morris was recognized as the company’s #1 income earner.
Matt Morris stated upon his recognition:
“Amazingly inspired, grateful and maybe even a little overwhelmed with being recognized as our company’s #1 income earner.”
Leading a team that has grown to well over one million customers in the past 9 years had very little to do with me, and everything to do with the magic behind our company, product, field leadership, training system, and our business building system.
I’m very proud of this award but I’m much more proud of the fact that we’ve created over 5,500 directors and 23,000 senior reps.
Yes we’ve created many million dollar earners but the fact that we have so many thousands of lives that have been positively impacted is just staggering. 9 years ago I cast a vision and said we would be filling up arenas all over the world. Today we are doing exactly that and are hosting major events in 5 different continents. Yes that’s impressive, but mark my words, we are just getting warmed up. The reality is, they do not even build stadiums big enough to hold us for what we’re about to do.
Many will doubt me, just as
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Julian Alcantara From The Dominican Republic Achieves Diamond Rank With Valentus
by Ted Nuyten • • 0 Comments
Born in the Dominican Republic, Julian Alcantara is Valentus’ first Spanish-speaking Diamond.
After University, and his degree in accounting, he realized very quickly the difference between fixed and variable income. Initially he concentrated on the commercial area and worked as a sales consultant with multinationals with great results.
In 2005, he traveled to Spain in search of a better lifestyle. He started from scratch, as a store assistant and then moved on to work in the commercial area until he became a manager in his last company. In 2010, he completely lost financial control, lost his home, lost his savings and he was finished, totally in debt.
When a friend introduced him to network marketing, Julian knew that this was a business model that met his needs.
“I was broke and willing to go anywhere, but I did not want to return to my country with the feeling of failure. Network marketing was the perfect solution to get out of the quagmire where I was immersed financially and emotionally.
Network marketing gave me back the dream of dreaming.”
Julian commented:
In my first two years in the industry I did not have great results, but they served to teach me and build my belief in the business
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Marina Mursic From Slovenia Achieves Diamond Elite Rank With Rain International
by Ted Nuyten • • 0 Comments
Marina Mursic from Slovenia (Europe) has been in the Network Marketing industry for three years. She is the youngest female Diamond Elite in Rain International.
Despite her young age and rookie status in the industry, no excuse was going to stop her. Today her team has spread into nearly 30 countries and 4 continents. From the beginning of her career in the industry, she was blessed to being mentored by some all time legends in the industry.
In the early days of her career, she started building her team in Africa with one of her good friends who turned into her business partner. Since then her business has grown exponentially.
Coming from a small country, Slovenia, she moved to Switzerland, where she found herself helping to run one of the hotels there. After many ups and downs in her life she finally got to the point where she realized that there was something missing in her life: Time Freedom & Financial Freedom. That is how she discovered the world of unlimited possibilities that Network Marketing offers:
We were told that education was the ticket to employment, but really, the times have changed. I am always surprised when I see educated young people who are struggling to
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Beth Robinson Achieves Blue Diamond Rank With Valentus
by Ted Nuyten • • 0 Comments
Beth Robinson from Staffordshire, United Kingdom is a Blue Diamond with Valentus.
She stated:
I am rocking and rolling and I just love the opportunity. If it wasn’t for the industry I’m not sure I would be here. It gave me focus and purpose and I’m forever grateful.
I started network marketing very briefly when I was 19 years. I had lost my mum at the age of 16 and I was in a pretty awful situation mentally. I was offered something at the time that was completely alien to me. Little did I know that this was the first step of the rest of my life.
I was a hairdresser when left school. Now I’m a 27 year old, six figure earner, with three daughters, Evie 7, Felicity 4, and Willow 16 weeks.
I joined Valentus 2 years ago and it was my third product based company. I had started to lose hope in the industry as I had been let down by previous companies that had promised the world and never delivered. I made many mistakes and learned many, many lessons all of which have made me a stronger individual and networker.
It was when I joined Valentus that I found my spark again. I was introduced to