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Financial
BY DSN Staff Writer
June 18, 2024
Telecom Plus, trading as Utility Warehouse (UW), posted its financial results for the year ending March 31, 2024. Revenue for the company reached $2.59 billion, resulting in a record profit of $451 million, a 16% increase over the previous year. Adjusted pre-tax profit was up 21.5% year-over-year to $148.6 million. Adjusted EPS was also up 9.9% with a net debt to adjusted EBITDA ratio at 0.9x.
Financial
BY DSN Staff Writer
May 29, 2024
LR Health & Beauty SE announced its financial results for the first quarter of 2024, reporting revenue of $78.5 million with a normalized EBITDA of $8.4 million. In spite of unfavorable currency effects, the company achieved a 0.8% year-over-year increase in sales.
Financial
BY DSN Staff Writer
May 29, 2024
Betterware de México, S.A.P.I. de C.V., now known as BeFra, is moving its listing of common stock from the Nasdaq Stock Market LLC to the New York Stock Exchange (NYSE).
Financial
BY DSN Staff Writer
May 16, 2024
Fintech and financial media company Annuity.com, Inc. announced it has closed a $15.7 million seed funding round, with plans to relaunch Annuity.com as a consumer marketplace for annuities later this year.
Financial
BY DSN Staff Writer
May 16, 2024
Mannatech, Incorporated announced an increase in its gross profit as a percentage of net sales, equaling 78.6%, compared to 78.3% in the first quarter of 2023. Net sales for the quarter were $29.4 million, representing a 13.8% year-over-year decline.
Financial
BY DSN Staff Writer
May 14, 2024
Natura &Co, Avon International’s parent company, released its financial results for the first quarter of 2024. Total consolidated revenue for the company was $1.1 billion, a 5.7% decrease from the first quarter of 2023.
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