Reliv' International, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 07:00 am EDT
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Reliv' International, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 8.016 million compared to USD 8.257 million a year ago. Operating loss was USD 277,110 compared to USD 366,016 a year ago. Net loss was USD 199,057 compared to USD 388,105 a year ago. Basic loss per share was USD 0.11 compared to USD 0.22 a year ago. For the half year, total revenue was USD 18.299 million compared to USD 17.746 million a year ago. Operating income was USD 244,575 compared to operating loss of USD 167,343 a year ago. Net income was USD 463,279 compared to USD 235,539 a year ago. Basic earnings per share was USD 0.27 compared to USD 0.13 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.
RELIV' INTERNATIONAL, INC. 
