Tag Archive for sales

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Mannatech Q1 Revenue Up 5.3% To $34.1 Million

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-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 first quarter of 2023.
First Quarter End Results
First quarter net sales for 2023 were $34.1 million, an increase of $1.7 million, or 5.3%, as compared to $32.4 million in the first quarter of 2022.
First quarter net sales for 2023 include the results of an annual promotion in March 2023 that occurred in April 2022. Our net sales increased 10.2% on a constant dollar basis (see Non-GAAP Measures, below) as foreign exchange decreased GAAP net sales by $1.6 million, mostly due to the decline of the Korean Won and Japanese Yen.
First quarter operating income for 2023 was $0.7 million as compared to less than $0.1 million for the first quarter of 2022.
Net income was $0.6 million, or $0.32 per diluted share, for the first quarter of 2023, as compared to net income of $0.1 million, or $0.06 per diluted share, for the first quarter of 2022.
For the three months ended March 31, 2023, overall selling and administrative expenses decreased by $0.5 million to $6.4 million, as compared to $6.9 million for the same period in 2022.

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Bravenly Global Achieving Strong Month-Over-Month Growth In 2023

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Bravenly Global has grown exponentially over the past 12 months (700% increase to $8 million in sales) and continues to grow each month in 2023.
The two-year-old USA-based healthy lifestyle company achieved strong month-over-month sales growth in January, in February, and in March 2023; over the last two months, Bravenly experienced over +60% growth.
The company reported 80% Customer-to-Distributor ratio, with over 70% of their monthly revenues coming from Customers’ orders and re-orders.
CEO Aspen Emry shared:
“When my husband Brent (COO) and I started Bravenly a little over two years ago, we wanted to change lives and bring value-packed, craveable products that really work, coupled with an opportunity that has a positive, empowering impact on families’ lives.
It’s so rewarding to see tens of thousands of people enjoying these results-driven products, and hear the wonderful, heartfelt stories of people that love how they’re feeling better and restoring their optimal health.”
 Bravenly recently launched their new Pina Colada Rush Extreme, an all-natural beverage designed to deliver healthy essential energy, vitamins, laser-focus, boost mood, and on-point appetite control, and tastes like a delicious pina colada; this new nootropic drink quickly became one of the top-selling most popular products ever launched.

The company’s product line now totals 16

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Startup Go Global Achieves 50,000 Paid Customers And Distributors In 2 Months

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GO Global: Second Month Surpasses Expectations with March Achievements.

The recently launched GO platform had a remarkable month in March after a historical and record breaking first month.  GO Global was able to achieve outstanding results that exceeded even its own expectations. In just 2 short months, GO Global is on pace to have the single best year in terms of total revenue and new customer acquisition compared to any company that has come before it. 
The company credits its initial success to its outstanding field leadership team that have shown they are committed to the company mission as well as vision of the corporate leadership team.  With this type of commitment from its leaders that span over 50 countries, GO Global is definitely on track to continue its success.
“We are thrilled with the outstanding results we achieved in March, and we are deeply grateful to our members for their unwavering support. Our commitment to transparency, accountability, and accessibility is at the core of everything we do.”
said CEO Nader Poordeljoo.

Despite being a relatively new player in the industry, GO Global has already set new benchmarks for the sector, and the number of sign-ups in March was evidence of the

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Streakk Is Growing At The Speed Of Light

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According to a Streakk Technologies press release:
Streakk is currently one of the fastest-growing companies in the direct selling industry in terms of revenue and community growth.
Streakk recorded a truly remarkable achievement as it crossed $100 million in revenue within 6 months of entering the market. This is most likely the only company in the industry that has been able to reach this benchmark in such a short period of time.
With the company’s leadership and innovative approach, Streakk has been able to achieve unprecedented growth and attract a diverse group of people from around the world.
From securing several partnerships with leading companies like Minebase, MarketPeak, Go Unique, and Lan Network, which also helped in acquiring a new user base and achieving $100 million in revenue in such a short period, to paying out over $70 million in commissions to its promoters, Streakk has been on an incredible trajectory since its emergence.
This year, Streakk began with great news and impressive growth, and to continue that, they are holding the Streakk Fest.
Streakk Fest is a roadshow that Suki Chen, CEO of Streakk, has undertaken in order to bring the business to an increasing number of people and grow their already 1.2 million streakk

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