Tag Archive for Revenue

LifeVantage Q4 2024 Revenue Up 31.3% To $67.8 Million

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 second fiscal quarter ended December 31, 2024.
Second Quarter Fiscal 2025 Summary*:

Revenue of $67.8 million, an increase of 31.3% from the prior year period. Excluding the negative impact of foreign currency fluctuations, second quarter revenue was up approximately 31.9%;
Revenue in the Americas increased 46.3%, and revenue in Asia/Pacific & Europe decreased 15.5%. Excluding the negative impact of foreign currency fluctuations, second quarter revenue in Asia/Pacific & Europe decreased approximately 13.7%;
Net income per diluted share was $0.19, versus a loss of $0.05 per diluted share a year ago;
Adjusted earnings per diluted share was $0.22, compared to $0.10 a year ago; and
Adjusted EBITDA was $6.5 million compared to $3.1 million a year ago.

* All comparisons are on a year over year basis and compare the second quarter of fiscal 2025 to the second quarter of fiscal 2024, unless otherwise noted.
“Second quarter results were outstanding with year-over-year revenue growth exceeding 31% to a record $67.8 million, driven by tremendous demand for the MindBody GLP-1 System™ we introduced into the U.S. market in October,”
said Steve Fife, President and CEO of LifeVantage.
“We also continued to deliver strong profitability metrics and growth in Active Accounts, which was equally impressive, up 25% sequentially in the Americas, as the number of enrollments

Read more...

Zilis Reports Significant Sales Growth Following Ownership Transition

Zilis, a global leader in health and wellness, proudly announces record-breaking growth since Angie Thompson took the helm as Owner & CEO.
Under her visionary leadership, the company has reached extraordinary milestones, including its highest monthly revenue since her tenure began, driven by remarkable growth in Latin America (LATAM), a surge in enrollments, and record-breaking expansion across Europe.
Since her announcement as Owner & CEO, December 2024 represents the most successful month in Zilis’ history, with revenue and enrollments reaching new all-time highs. This remarkable achievement underscores the transformational impact of Angie Thompson’s leadership and her strategic focus on scaling the company’s global footprint. These milestones are the culmination of an ambitious, customer-centric approach that has redefined Zilis’ trajectory over the past year.
The Latin American market has emerged as a cornerstone of Zilis’ growth, with December 2024 marking its strongest revenue month in this region. This performance highlights the success of Thompson’s tailored strategies to engage LATAM consumers and drive demand for Zilis’ trusted wellness solutions.
Europe has also experienced its most significant growth since Thompson’s appointment, with Zilis strengthening its presence in key EU markets and expanding its product offerings. This accelerated growth reflects the company’s ability to connect with diverse audiences

Read more...

Zinzino Reports Extraordinary Growth in 2024, Unveils Bold Vision for 2025 and Beyond

Zinzino, the global leader in test-based nutrition, has released its preliminary sales report for 2024, showcasing extraordinary growth and momentum, particularly in the final quarter of the year. With record-breaking expansion in customer subscriptions and partner recruitment, Zinzino continues to solidify its position as one of the fastest-growing companies in the health and wellness industry.
The company’s recent virtual kickoff event drew thousands of attendees from across the globe, highlighting Zinzino’s global reach and visionary leadership. At the event, Zinzino unveiled its ambitious Vision 25, a bold plan to scale the business to 100 million customers. This vision reflects Zinzino’s commitment to making personalized health solutions accessible worldwide and empowering people to take control of their wellness.
A Unique Focus on Real Customers:
Zinzino has distinguished itself in the direct sales industry with a serious commitment to customer-centricity. Dag Bergheim Pettersen, CEO of Zinzino, emphasized this commitment, saying,

“We are very proud to have over 80% of our sales volume coming from direct sales to real customers. This is something that can’t be emphasized enough, not only for legal reasons but also because it reflects the strength and sustainability of our business model. Not many of our competitors can claim that.”

This high percentage of

Read more...

Zinzino 2024 Revenue Up 25%

Zinzino group revenue increased 34% in Q4 and total revenue for the full year 2024 increased 25%, compared with the previous year.
The revenue in December for Zinzino’s sales markets increased by 59 % and amounted to SEK 239.6 (150.3) million. Faun Pharma’s external sales increased and amounted to SEK 5.6 (5.1) million. Overall, the Group increased revenues by 58% to SEK 245.2 (155.4) million compared with the previous year.
Sales in Zinzino’s sales markets increased by 34% in the fourth quarter of 2024 compared with the same period last year and amounted to SEK 683.0 (509.1) million. Total revenue in the Group increased by 34 % in the fourth quarter and amounted to SEK 706.1 (527.9) million.
About Zinzino
Zinzino is a global direct sales company from Scandinavia specializing in test-based, personalized nutrition and scientific skincare. It is a public limited company with its shares listed on Nasdaq First North Premier Growth Market. Their scientifically proven nutritional supplements are available on more than 100 markets across the world.
Zinzino owns the Swiss, biotech skincare brand HANZZ+HEIDII, as well as the Norwegian research and production units BioActive Foods AS and Faun Pharma AS. The company headquarters is in Gothenburg, Sweden with additional offices in Europe, Asia,

Read more...

LifeVantage Q2 Revenue Up 31% To $67.5 Million

LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today announced preliminary revenue results for the second quarter ended December 31, 2024, and raised its fiscal 2025 revenue guidance.
Preliminary Second Quarter Fiscal 2025 Highlights:

Revenue of approximately $67.5 million, an increase of 31% from the prior year period, and up 43% sequentially from the first fiscal quarter

Active Account growth in the Americas of 22.7% in comparison to the prior year period, and up 25.4% sequentially from the first fiscal quarter

Active Account growth of 12.1% globally in comparison to the prior year period, and up 18.5% sequentially from the first fiscal quarter

Fiscal 2025 Guidance:

The Company now expects revenue in the range of $235 million to $245 million in fiscal 2025 compared to prior revenue guidance of $200 million to $210 million

“Second quarter revenue results were exceptional, reflecting strong sales of the MindBody GLP-1 System™ we launched in October in the United States along with outstanding execution by our team to quickly ramp supply chain and fulfillment capacity to meet the robust demand,”

said Steve Fife, President and CEO of LifeVantage.

“We also saw significant growth in Active Accounts driven by the highest number

Read more...

Greenway Global Revenue 2024 Up +30% To $400 Million

Greenway Global is pursuing a strategy of international development and growth.
Greenway started business almost 8 years ago and through all these years, the company has been actively developing, showing impressive, often record-breaking, results in the MLM industry. The company openly talks about its successes, thus in less than 8 years Greenway Global has had extraordinary massive growth.

Today the company is represented in 63 countries, and throughout the time of its existence, more than 4 million partners have been registered. The range counts more than 1,000 green products. The company’s retail outlets include almost 350 stores and delivery points open to Greenway’s partners and clients.

The success and sustainability of Greenway Global are rooted in the original mission of the company, which sounds as “Ecology cubed” which means honest principles of work with the product, business and relationships with partners and clients.
Greenway Global does not participate in dubious financial schemes, does not promise partners unreasonable benefits. Greenway Global always fulfills its obligations towards both partners and counterparties.
Today the company is focusing on global expansion and has already grown internationally by more than 50%. The company now has a stable position in Europe, continuing to show growth: just to mention a few:

24% growth

Read more...

Zinzino Shatters Records With Over €20 Million Revenue in November 2024 Sales

100,000+ New Customers In November
Dag Pettersen, CEO of Zinzino, stated:

“November 2024 will forever be remembered as a monumental month in Zinzino’s history. We’ve not only exceeded €20 million in sales—a milestone that underscores the strength of our global business—but also welcomed about 100,000 new customers. These incredible achievements reflect the passion, dedication, and tireless work of our partners and teams around the world.

At Zinzino, we’re not just selling products—we’re transforming lives through world-class health and wellness solutions. This November’s performance is a testament to our shared mission and the unstoppable momentum we’ve built together. The synergy between our innovative product offerings and our exceptional partner network continues to propel us to new heights.

As the year draws to a close, we’re setting the stage for an even more spectacular 2025.”

Founder Ørjan Sæle shares Dag Pettersen enthusiasm, stating:

“2025 is poised to be the most significant year in Zinzino’s history. We will break new records, deliver incredible promotions and campaigns, and launch groundbreaking new products that will redefine the health and wellness industry.“

The excitement doesn’t stop there. We’re kicking off the year with a virtual global event on January 7, 2025, where thousands of partners from all corners of the world will come

Read more...

Mannatech Reports Revenue Of $31.7 Million For Q3 – 2024

Mannatech, Incorporated (NASDAQ: MTEX), (“Mannatech” or “Company”), global health and wellness company committed to transforming lives to make a better world, today announced financial results for its third quarter of 2024.
Landen Fredrick, President and CEO, noted that,

“Although the third quarter of 2024 provided our highest revenue quarter in 2024, we continued to battle demand weakness in the third quarter across our global operations, with the most significant impact in the Asia/Pacific region due to ongoing economic challenges.
Despite anticipating continued economic difficulties for the rest of 2024, we are committed to increasing our revenue by growing our team of sales associates and expanding our base of preferred customers, all while keeping costs under strict cost controls.”

Third Quarter Highlights
Net sales for the quarter ended September 30, 2024 were $31.7 million, as compared to $32.6 million for the same period in 2023, a decrease of $0.9 million, or 2.5%. On a Constant dollar basis (see Non-GAAP Measures, below) our net sales decreased $0.4 million, or 1.2%, and unfavorable foreign exchange caused a $0.5 million decrease in GAAP net sales as compared to the same period in 2023. The decline in revenues was principally due to slowing demand in Asia due to weakened economic conditions,

Read more...

NU Skin Q3 Revenue Down 13.8% To $430 Million

Nu Skin Enterprises Inc. (NYSE: NUS) announced third quarter results.
Business For Home comment:

Nu Skin lost almost $1 Billion in revenue from 2018 ($2,680 Million) to 2024  ($1,730 Million forecast).
Nu Skin lost 400,000+ customers from 2018 (1,244,000) to 2024 (831,768)
Nu Skin lost almost 50% of it sales leaders from 2018 (73,400) to 2024 (38,284)

Nu Skin press release:
Executive Summary Q3 2024 vs. Prior-year Quarter

Revenue $430.1 million; (13.8)%
Earnings Per Share (EPS) $0.17 compared to $(0.74) or $0.56 excluding an inventory write-off.
Customers 831,768; (15)%
Paid Affiliates; 149,264; (20)% or (11)% excluding an adjustment to eligibility requirements
Sales Leaders; 38,284; (19)%

“During the third quarter, we achieved results within our previous guidance range with challenges in the core business partially offset by continued strong growth in our Rhyz segment,”

said Ryan Napierski, Nu Skin president and CEO.

“While we continue to face macroeconomic pressures and challenges within the direct selling industry, our immediate focus is to strengthen the Nu Skin core with a revised business model intended to improve channel activation and customer growth beginning with North America and South Korea this quarter.
In addition, we are introducing a streamlined operating framework to improve profitability with an adjusted pricing model to improve customer penetration in developing markets starting with

Read more...

Herbalife Q3 Sales Down 3.2% To $1.2 Billion

Herbalife Ltd. (NYSE: HLF) today reported financial results for the third quarter ended September 30, 2024:

“Our financial foundation is strong. Third quarter net sales were in line with our expectations, adjusted EBITDA1 exceeded guidance and distributor recruiting is up worldwide year-over-year. Our new business initiatives are taking root as we continue on our path to sustainable top-line growth.”

– Michael Johnson, Chairman and CEO
Highlights
Third Quarter 2024

Net sales of $1.2 billion, down 3.2% vs. Q3 ’23 including 290 basis points of FX headwinds
Net sales nearly flat year-over-year on constant currency basis2
Net income of $47.4 million; adjusted net income1 of $58.0 million
Adjusted EBITDA1 of $166.5 million exceeds guidance; adjusted EBITDA1 margin up 70 basis points year-over-year
Recognized pre-tax gain on sale of property of approximately $4 million; excluded from adjusted results
Diluted EPS of $0.46; adjusted diluted EPS1 of $0.57
Net cash provided by operating activities of $99.5 million; capital expenditures of approximately $27 million
Credit Agreement EBITDA1 $197.2 million; total leverage ratio reduced to 3.3x at September 30

Management Commentary
In August, the Company launched its all-new Diamond Development Mastermind Program in the U.S., an ongoing training and accountability program led by President Stephan Gratziani and supported by network marketing industry leader and coach, Eric Worre.
Approximately 800

Read more...