Reliv' International, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
March 27, 2020 at 07:00 am EDT
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Reliv' International, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced total revenue was USD 8.159 million compared to USD 9.315 million a year ago. Operating loss was USD 307,524 compared to USD 168,753 a year ago. Net loss was USD 514,039 compared to USD 144,781 a year ago. Basic loss per share was USD 0.29 compared to USD 0.08 a year ago. For the full year, total revenue was USD 35.055 million compared to USD 36.115 million a year ago. Operating loss was USD 559,458 compared to USD 1.864 million a year ago. Net loss was USD 444,357 compared to USD 1.903 million a year ago. Basic loss per share was USD 0.25 compared to USD 1.03 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.