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.
LifeVantage Corporation announced the US launch of its patent-pending MindBody GLP-1 System. The dual-product system is intended to help consumers reduce their cravings and support sustainable weight management by balancing hunger hormones.
In an effort to simplify its compensation plan structure, LifeVantage Corporation announced an enhancement to its Evolve Compensation Plan that will pay consultants a 10% commission for sharing its products.
Recent findings show LifeVantage’s GLP-1 system could activate weight management.
LifeVantage Corporation announced its financial results for the fourth fiscal quarter of 2024 and the full fiscal year 2024, reporting $48.9 million in fiscal Q4 revenue, a 9.8% decrease from the previous year’s quarter.
LifeVantage hosted its global Activate 2024 event, supported by distributor-hosted watch parties and gatherings. The virtual event was a platform for the company to reaffirm its commitment to the direct selling industry.
LifeVantage Corporation announced its financial results for the third fiscal quarter of 2024, reporting revenue of $48.2 million, a 10.2% decrease from the previous year’s period.
LifeVantage Corporation continued its “Rise Up” theme with Momentum Academy 2024 in Nashville, Tennessee. The summit welcomed consultants to participate in workshops, seminars and keynotes that offered deep dives into topics like enrollment, retention and business advancement strategies for entrepreneurs.
LifeVantage Corporation has expanded its LV360 strategy into Canada, Mexico and its European markets, including the UK, Ireland, Germany, Austria, Belgium, Spain and the Netherlands.
LifeVantage Corporation announced its financial results for the second fiscal quarter of 2024, reporting $51.6 million in revenue, a 3.8% decrease from the previous year. Gross profit during the period equaled 78.6% of revenue at $40.6 million, compared to 78.1% and $41.9 million in Q2 2023.
LifeVantage Corporation’s annual Global Kickoff announced the next phase of its LV360 sales incentives plan and delivered new consultant tools. Consultants from around the world registered virtual watch parties and received training sessions from their in-person hosts and leaders.
LifeVantage Corporation announced its financial results for the fiscal first quarter of 2024, ending September 30, 2023. Included in the report was revenue of $51.4 million, a 0.8% decrease from the same period in the prior year. Total active accounts dipped by 10.5% year-over-year, reflecting a 7.5% decline in the Americas and a 17.0% decline in Asia/Pacific & Europe.
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