Reliv International Reports Second-Quarter Financial Results

On July 24, Reliv's Board of Directors named Ryan A. Montgomery as President, and he will be responsible for the day-to-day operations of Reliv International. Robert L. Montgomery will remain Reliv's Chairman and Chief Executive Officer. "Ryan has served Reliv in various leadership capacities, and has excelled in every position he has held," Robert Montgomery said. "He is prepared to champion innovations that I believe will increase Reliv sales worldwide."

Net sales for the first six months of 2012 were $36.5 million, which represents an 8.0 percent decrease from the same period in 2011. Reliv's international net sales, driven by strong results in Europe, rose 22.4 percent in the first half of 2012 compared with the first half of last year. In the United States, net sales declined 13.8 percent.

Reliv reported net income of $635,000, or $0.05 per diluted share in the first six months of 2012, compared to $679,000 or $0.05 per diluted share in the same period of 2011.

Reliv's total distributor count was 59,230 as of June 30, 2012, an increase of 1.3 percent from the same date in 2011.  Of this total, 6,420 distributorships are Master Affiliate level and above, a decrease of 7.8% when compared to the total as of June 30, 2011.  Master Affiliate is the level at which distributors are eligible to earn generation royalties.

Net cash generated from operating activities in the first six months of 2012 totaled $1.3 million, representing a decrease of $433,000 over the first six months of 2011. Reliv had cash and cash equivalents of $5.5 million as of June 30, 2012, a decrease of $1.5 million compared to same date last year.

About Reliv International, Inc.
Reliv International, Inc., based in Chesterfield, Missouri, produces nutritional supplements that promote optimal nutrition along with premium skincare products. Reliv supplements address essential nutrition, weight loss, athletic performance, digestive health, women's health, anti-aging and healthy energy. The company sells its products through an international network marketing system of independent distributors in 15 countries. Learn more about Reliv at www.reliv.com, or on Facebook, Twitter or YouTube.

Statements made in this news release that are not historical facts are "forward-looking" statements (as defined in the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties and are subject to change at any time. These forward-looking statements may include, but are not limited to, statements containing words such as "may," "should," "could," "would," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" or similar expressions. Factors that could cause actual results to differ are identified in the public filings made by Reliv with the Securities and Exchange Commission. More information on factors that could affect Reliv's business and financial results are included in its public filings made with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which are available on the Company's web site, www.reliv.com.

--FINANCIAL HIGHLIGHTS FOLLOW –

Reliv International, Inc. and Subsidiaries
ADD THREE
Condensed Consolidated Balance Sheets
	June 30	December 31
	2012	2011
	(Unaudited)
Assets
Current Assets:
Cash and cash equivalents	$5,506,016	$7,174,213
Accounts receivable, less allowances of
$70,600 in 2012 and $70,300 in 2011	620,934	334,828
Accounts due from employees and distributors	237,524	43,191
Inventories	4,919,098	4,723,773
Other current assets	1,411,070	1,136,376
Total current assets	12,694,642	13,412,381
Other assets	4,122,449	1,987,213
Intangible assets, net	1,520,639	1,597,644
Net property, plant and equipment	7,204,402	7,421,947
Total Assets	$25,542,132	$24,419,185
Liabilities and Stockholders' Equity
Total current liabilities	$6,996,105	$6,110,449
Long-term debt, less current maturities	3,272,055	3,566,175
Other non-current liabilities	269,318	256,710
Stockholders' equity	15,004,654	14,485,851
Total Liabilities and Stockholders' Equity	$25,542,132	$24,419,185
Consolidated Statements of Income
	Three months ended June 30			Six months ended June 30
	2012	2011		2012	2011
	(Unaudited)	(Unaudited)		(Unaudited)	(Unaudited)
Product sales	$14,894,640	$15,984,382		$32,509,480	$35,311,325
Handling & freight income	1,886,064	2,013,540		4,014,868	4,373,451
Net Sales	16,780,704	17,997,922		36,524,348	39,684,776 Werbung Mehr Nachrichten zur RELIV International Aktie kostenlos abonnieren E-Mail-Adresse Bitte überprüfe deine die E-Mail-Adresse. Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1 Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News 25.04.24 - PR Newswire Fidelity Emerging Markets Ltd - Transaction in Own Shares 25.04.24 - PR Newswire Samson Rock Capital LLP - Form 8.3 - TClarke Plc SolarBank    Wie die Revolution der sauberen Energie eine solide Investitionsmöglichkeit bieten könnte weiterlesen» Anzeige wo-site-teaser-box-16755_site-teaser-box_2024-04-25_09%253A00%253A00_2024-04-26_09%253A00%253A59