read / Financial
Natural Health Trends Corp. released its first quarter financial results for 2021. While the company reported positive operating income and net income, revenue for the quarter was down 10% to $13.5 million, compared to $14.9 million during the same time period last year. The company attributes this downturn to a $1.1 million increase in deferred […]
LR Group released its 2020 annual report, indicating a 26.7% increase in total revenue over the previous year, reaching EUR 224.8 million. The company’s EBITDA also increased from EUR 24.1 million to EUR 42.5 million, due to strong revenue growth in 2020. “We are very satisfied with how the business developed in 2020 and look […]
LifeVantage Corporation released its financial reports from the third quarter of fiscal 2021, ending March 31, 2021. The company’s revenue for the quarter decreased 8% from the prior year period, with a 12.6% decline sequentially, to $51.6 million. Total active accounts also decreased, down 4% from the previous year’s quarter to 168,000. Year-over-year, distributors declined […]
USANA Health Sciences, Inc. released its Q1 2021 financial reports. The company’s first quarter net sales increased 15.5% year-over-year, totaling $308 million, and a diluted EPS increase of 17.9% year-over-year to $1.45. There was also a repurchase of 721,000 shares for $69.5 million during Q1. Active customers during the quarter increased 7.7% over the same […]
Medical Marijuana, Inc., parent company of direct selling company Kannaway, released its 2020 year-end financial report. Gross margins for the company increased from 76% in 2019 to 80% in 2020 and net revenue for 2020 reached $46.9 million. Cash on hand at the end of 2020 was $5.7 million. The company also released year-end 2020 […]
Direct Selling Capital Advisors: Direct selling stocks experience tough March after months of record-breaking performance.