Tag Archive for Revenue

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Frequense Triple-Digit Sales Growth And 43% Customer Increase

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Frequense Breaks Records with a Stellar August: Triple-Digit Sales Growth and 43% Customer Increase
Frequense, the trailblazer in frequency-charged nutrition, is celebrating a record-breaking August, experiencing an impressive 43% increase in customers and a remarkable triple-digit growth in sales. While many companies typically face a summer slowdown, Frequense defied industry trends and turned the season into a period of significant growth, setting the stage for continued success through the rest of the year.
Frequense is ranked by Business For Home as a Triple AAA+ opportunity, the top grade.
Traditionally, the summer months are a challenging time for most businesses, with customers slowing down their spending and engagement. But Frequense had no plans to follow the usual seasonal trends. Through a combination of strategic expansion, innovative marketing, and a continued focus on delivering quality products, Frequense managed to not only avoid the summer slump but achieve exponential growth.
Barb Pitcock, CEO of Frequense said:

“We’re beyond excited about what we’ve accomplished this summer. While a lot of companies were taking it easy, we went all in. We kept showing up for our customers and affiliates, delivering value at every step. To see the community grow like this—it’s honestly so heartwarming. It shows that when you focus

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LR Health & Beauty Q2 Sales Up 2.6% To EUR 70.7 million

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LR Health & Beauty SE, Europe’s leading digital social commerce company in the area of high-quality health and beauty products, today published its figures for the second quarter of 2024 and the first half of 2024.
In the second quarter of financial year 2024,

LR Health & Beauty SE managed to increase sales (revenue from goods sold) by 2.6% to EUR 70.7 million (Q2 2023*: EUR 68.9 million).
In the first half of the year, LR Health & Beauty SE thus generated sales of EUR 143.3 million (H1 2023*: EUR 140.9 million).
New product launches, such as the LR Health Mission and the LR Body Mission, contributed significantly to the positive sales performance during the period.
LR Health & Beauty SE generated a normalized EBITDA of EUR 14.4 million in the first six months of financial year 2024, compared to EUR 17.5 million in the same period of the previous year*.

The earnings performance was impacted by factors such as refinancing costs related to the early redemption of the old bond of LR Global Holding GmbH and the issuance of a New Bond by LR Health & Beauty SE, as well as negative currency effects. EBITDA reported amounted to EUR 11.7 million in the first half

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LifeVantage Annual Revenue Down 6.2% To $200.2 Million

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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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Sven & Audrey Goebel Celebrate Milestone Of 40,000 Customer Subscriptions

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In a remarkable achievement, the Zinzino organization of Sven & Audrey Goebel has reached 40,000 customer subscriptions, marking a significant milestone in their impressive journey. This accomplishment, reached within a mere two-year period, highlights the exponential growth and widespread acceptance of Zinzino’s science-based products.

This translate in about Euro 3+ Million in sales per month / Euro 36+ Million per year and counting.

Starting with:

5,000 subscriptions in July 2022, the team witnessed a rapid surge to
15,000 by July 2023. This momentum has only accelerated, culminating in an impressive,
40,000 subscriptions by July 2024.

This growth not only underscores the effectiveness and affordability of Zinzino’s products but also demonstrates their strong market acceptance.
A substantial 85% of these subscriptions are attributed to real customers outside the Zinzino network, with the remaining 15% subscribed by partners. This distribution underscores the broad appeal and trust Zinzino products have garnered among consumers.
Sven Goebel, Black Ambassador at Zinzino said:

“We are thrilled to have reached this incredible milestone. This achievement is a testament to the efficacy and value of Zinzino’s products, as well as the dedication and hard work of our entire team. We are committed to continuing this growth and reaching new heights.
While our organization is also

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Bravenly Global Reports $6 million In Monthly Sales

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Bravenly Global Achieves Record Sales, Strong Growth in 2024
Bravenly Global, a USA-based healthy lifestyle company, reports exceptional growth for the first half of 2024, with the company setting new sales records each month, including over $6 million in monthly sales for May.

Bravenly Global has reported remarkable growth in monthly sales through 2024: from achieving over $1,000,000 in sales in its first year (2021)
to $9,000,000 in year 2022,
to $19,000,000 in 2023, and Bravenly’s sales in the first half of 2024 have continued to soar.

In March 2024, monthly sales totaled $2,300,000.  In April 2024, sales increased by almost +40% month-over-month to over $3,200,000.  In May 2024, sales grew again by another +87% month-over-month, for a record-breaking $6,000,000 in sales for the month.
Notably, over 84% of new business was from customer purchases, indicating robust customer retention and satisfaction.
Over 3,000 new rank advancements were also achieved over the months of April and May, including the very highest ranks: multiple new Executive Vice Presidents (EVPs), Silver EVPs and Gold EVPs. Bravenly continues to pay out 55% to 59% total true payout each month; a percentage based not on “points” or “volumes” (CV, BV, etc.), but on the dollar.
Bravenly Global Income Disclosure Statement (2023)
The company’s

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Vorwerk Group Revenue 2024 Up 4.4% To Euro 3.2 Billion ($3.45 Billion)

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The Vorwerk Group has successfully concluded a challenging business year 2023. The Group’s total revenue increased to EUR 3.2 billion. The adjusted annual revenue, taking only continuing operations into account, increased by EUR 135 million (+4.4 percent) compared to the previous year.

The “Culinary” division (Thermomix®/Bimby® and Cookidoo®) recorded record sales for the fourth time in a row with a volume of EUR 1,7 billion.
At the same time, the “Cleaning” division (Kobold/Folletto) achieved the second-highest revenue in the history of the Vorwerk Group since 2015 with a sales volume of EUR 860 million (+7.1 percent).
With a revenue of EUR 570 million, the akf bank also contributed to Vorwerk’s success and set a new record with an increase of 14.8 percent.

In light of the numerous challenges and difficult economic conditions, a key driver of the positive business development was once again the consistent commitment to direct sales as a business model. In the core business, sales growth was achieved for the fourth year in a row, driven by an increase in the number of advisors to over 100,000. Overall, sales in the “Culinary” and “Cleaning” divisions and including akf group have increased by almost EUR 720 million since 2019.

At the same time,

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Nature’s Sunshine Products Q1 Revenue 2024 Up 2% To $111 Million

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Nature’s Sunshine Products, Inc. (Nasdaq: NATR) (Nature’s Sunshine), a leading natural health and wellness company offering high-quality herbal and nutritional products, reported financial results for the first quarter ended March 31, 2024.
First Quarter 2024 Financial Summary vs. Same Year-Ago Quarter

Net sales were up 2% to $111.0 million compared to $108.6 million (up 4% in constant currency).
Gross margin increased 33 basis points to 71.2% compared to 70.8%.
GAAP net income attributable to common shareholders up significantly to $2.3 million, or $0.12 per diluted common share, compared to $0.9 million, or $0.04 per diluted common share.
Adjusted EBITDA up slightly to $9.2 million compared to $9.1 million.

Management Commentary

“In the first quarter, our omni-channel approach and high-quality products combined to drive momentum in our business. Specifically, we saw digital sales surge 33% with a 34% increase in new customers, helping our North American business unit grow 5% for the quarter. What’s more, the successful launch of our new Power Line products helped drive improved performance in our European business that further reinforced our positive momentum.

said Nature’s Sunshine CEO Terrence Moorehead,

“These results were somewhat offset by slower sales in Asia/Pacific, which were up 5% in local currency, as the weak economic environment in China finally caught

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Beachbody Q1 Revenue 2024 Down 17% To $120 Milion

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The Beachbody Company, Inc. (NYSE: BODi) (“BODi” or the “Company”), a leading subscription health and fitness company, today announced financial results for its first quarter ended March 31, 2024.

“We are pleased with our performance in the first quarter, beating the midpoint of our revenue and adjusted EBITDA guidance, all while delivering against our strategic initiatives. Most notably, we are excited to announce that we have achieved our first positive free cash flow quarter since 2020,”

said Carl Daikeler, BODi’s Co-Founder and Chief Executive Officer. “

We have had an excellent start to 2024 and for the remainder of the year, we will continue to deliver against the objectives in our turnaround plan.”

First Quarter 2024 Results

Total revenue was $120.0 million compared to $144.9 million in the prior year period.
Digital revenue was $61.5 million compared to $64.8 million in the prior year period and digital subscriptions totaled 1.22 million in the first quarter.
Nutrition and Other revenue was $55.5 million compared to $74.1 million in the prior year period and nutritional subscriptions totaled 0.15 million in the first quarter.
Connected Fitness revenue was $3.0 million compared to $6.0 million in the prior year period and approximately 3,500 bikes were delivered in the first quarter.
Total operating

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Primerica Q1 Revenue 2024 Up 8% To $742.8 Million

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Primerica, Inc. (NYSE: PRI) today announced financial results for the quarter ended March 31, 2024. Total revenues of $742.8 million increased 8% compared to the first quarter of 2023. Net income of $137.9 million increased 8%, while earnings per diluted share of $3.93 increased 14% compared to the prior year period.
Adjusted operating revenues of $741.7 million increased 7% compared to the first quarter of 2023. Adjusted net operating income of $137.0 million increased 4%, while adjusted operating earnings per diluted share of $3.91 increased 10% compared to the prior year period.
Financial results during the first quarter of 2024 reflected the stability of the Company’s large in-force block of term life insurance, higher investment products sales, appreciation of client asset values, and the impact of higher interest rates on net investment income. Results were partly offset by weakness in the Senior Health business, which reported a loss of $14 million. Distribution results demonstrated sustained momentum in recruiting and the Company’s continued success in licensing new representatives.

“Our financial results reflect the fundamental strength in our core Term Life and ISP segments and the predictability of our model, particularly during uncertain times,”

said Glenn Williams, Chief Executive Officer of Primerica, inc.

“We started 2024

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NU Skin Q1 Revenue 2024 Down 13.3% To $417.3 Million

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Revenue $417.3 million;– 13.3%
-3.8% FX impact or $-18.2 million, Rhyz revenue $62.5 million; 57.5%
Earnings Per Share (EPS) $-0.01 or $0.09 excluding restructuring charges compared to $0.23 or $0.37 excluding restructuring charges
Customers, 875,261; -19%
Paid Affiliates, 154,171; -30 % or -14% excluding an adjustment to eligibility requirements
Sales Leaders, 38,609; -12%

“Our first quarter revenue came in at the mid-point of our guidance, negatively impacted more than anticipated by foreign currency headwinds, while our cost management efforts helped us post earnings per share in the upper half of our guide,”

Ryan Napierski, Nu Skin president and CEO, said:

“We are continuing our business transformation efforts and making progress in developing our integrated beauty, wellness and lifestyle ecosystem. During the quarter, we again drove strong gains in our Rhyz business, growing nearly 60% year-over-year.
In our Nu Skin core business, the macro-economic environment impacted affiliate and customer growth around the globe, but we are encouraged by the performance of our ageLOC WellSpa iO, RenuSpa iO and TRMe launches.
“At our annual top sales leader event, we aligned around the upcoming preview of our new MYND360 cognitive health line and saw healthy energy for the opening of India next year. We also introduced some new early affiliate rewards

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