Reliv International’s Q4 net income dips to $249,919

by louabbott on March 4, 2009

March 4, 2009

Reliv International, a nutrition and direct selling company, has reported a net income of $249,919, or $0.02 per diluted share, for the fourth quarter ended December 31, 2008, compared to $696,998, or $0.04 per diluted share, in the corresponding quarter of 2007.

Net sales for the fourth quarter of 2008 were $22.1m, compared to $24.6m in the fourth quarter of 2007. Income from operations in the fourth quarter of 2008 rose to $1.3m compared to $1.1m the 2007 fourth quarter.

For the year ended December 31, 2008, net sales equaled $98.2m, down 11.6% from $111.06m in 2007. Net income for 2008 was $2.9m, or $0.19 per diluted share, down from $5m, or $0.31 per diluted share, in 2007. Net cash generated from operating activities was $4.4m for 2008, down from $4.8m for 2007.

Read the entire article at Food Business Review

Also, read our company overview:  Reliv Facts, News and Review

Be Sociable, Share!

{ 0 comments… add one now }

Leave a Comment

Thoughtful and constructive comments that benefit network marketing professionals and the industry will be accepted and published after review.
We will not publish rude or insulting comments, plugs for your company or product, or generally non-helpful or self-promoting content.


Previous post:

Next post: