Reliv' International, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016
March 28, 2017 at 08:00 am EDT
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Reliv' International, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported Net Sales were $10,637,649 against net sales of $12,294,690 a year ago. Income from operations was $275,414 against loss from operations of $208,806 a year ago. Income before income taxes was $246,291 against loss before income taxes of $171,117 a year ago. Net income was $272,291 against net loss of $206,117 a year ago. Diluted per share was $0.15 against diluted loss per share of $0.11 a year ago.
For the full year, the company reported Net Sales were $45,512,836 against net sales of $51,768,857 a year ago. Loss from operations was $811,979 against loss from operations of $1,274,411 a year ago. Loss before income taxes was $616,055 against loss before income taxes of $1,462,667 a year ago. Net loss was $625,055 against net loss of $1,224,667 a year ago. Diluted loss per share was $0.34 against diluted loss per share of $0.67 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.