Reliv International, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
March 29, 2019 at 07:00 am EDT
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Reliv International, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced total revenue was USD 9.315 million compared to USD 9.935 million a year ago. Operating loss was USD 168,753 compared to operating Income of USD 141,247 a year ago. Net loss was USD 144,781 compared to USD 381,937 a year ago. Basic loss per share was USD 0.08 compared to USD 0.21 a year ago. For the full year, total revenue was USD 36.115 million compared to USD 41.788 million a year ago. Operating loss was USD 1.864 million compared to USD 183,403 a year ago. Net loss was USD 1.903 million compared to USD 696,912 a year ago. Basic loss per share was USD 1.03 compared to USD 0.38 a year ago.
Reliv' International, Inc. is a developer and marketer of a line of nutritional supplements addressing basic nutrition, specific wellness needs, weight management and sports nutrition. The Company sells its products through an international network marketing system using independent distributors. The Company operates through a network marketing segment consisting of six operating units that sell nutritional and dietary products to a sales force of independent distributors that sell the products directly to customers. Its products include Reliv Now with Soy; FibRestore; Innergize! Go; LunaRich; ReversAge; Reliv Now for Kids; Arthaffect; ProVantage; SoySentials; CardioSentials; Reliv Defense; RLV Hemp Full Spectrum 750, and others. Its geographic region includes the United States, Australia/New Zealand, Canada, Mexico, Europe and Asia. Its subsidiaries include Reliv, Inc., Reliv World Corporation, Reliv Australia Pty, Limited, Reliv Now de Mexico, S. de R.L. de C.V. and others.