LifeVantage announced its first quarter financial results for fiscal 2025. Revenue was $47.2 million, an 8.1% decrease from the prior year period, with revenue in the Americas declining 4.2%. Asia Pacific & Europe saw a 19.7% decline in revenue.
Net income was $1.8 million, or $0.14 per diluted share, versus $0.6 million and $0.05 per diluted share a year ago. Adjusted EBITDA was $4.4 million, up from $4 million one year ago.
Gross profit for the quarter was $37.7 million, or 79.9% of revenue, down from $41.2 million and 80.2% of revenue during the same period of 2024. Operating income was $2.6 million, compared to $0.7 million during last year’s period.
“It’s an incredible time to be at LifeVantage as we just launched the MindBody GLP-1 System, an amazing innovation targeting consumers searching for an effective, sustainable weight management solution,” said Steve Fife, LifeVantage President and CEO. “This product, launched on October 11th, significantly expands our total addressable market and the initial response from our independent consultants and customers has been overwhelming. In the first quarter, we again delivered solid profitability metrics despite lower revenues, including an increase of 11% in adjusted EBITDA and a 160 basis point improvement in adjusted EBITDA margin. We continue to focus on optimizing our cost structure while also being strategic with our investments in growth and innovation. Combined with our strong balance sheet, we remain well positioned to deliver future growth and significant long-term value for stockholders.”
