LifeVantage sees big revenue increase for Q4 earnings

LifeVantage ReviewHas someone tried to pitch you the LifeVantage opportunity lately?

LifeVantage is a really popular and new opportunity that is making it’s rounds on social media among network marketers.

Now, first off, let me make it clear I am NOT promoting this business opportunity as an affiliate or distributor.

I have all the facts about this business in my LifeVantage review so you can learn the full truth about it!

Is LifeVantage a scam?

Can you make an honest business with LifeVantage?

Let me show you in my review of LifeVantage.

Read on for all the details.

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LifeVantage – What Is It??

LifeVantage has established itself as a big player in the MLM world, and recently, the company announced its official Q4 2020 earnings for the fiscal year that ended on June 30, 2020.

Commenting on the end of the Q4 report, LifeVantage President and CEO Darren Jensen had the following to say:

“We are pleased to finish fiscal 2020 with a strong quarter while navigating the challenges of the current global pandemic.”

He continued with:

“During the quarter, we saw continued momentum in revenue, operating margin and EBITDA, as well as sequential growth in the number of total active accounts. We finished the year with 31% adjusted EBITDA growth and in a very strong financial position with $22 million in cash and zero debt.

I am so proud of our team across the board who has excelled during these unprecedented times and want to thank each and every one of our employees and distributors for making 2020 a record year.”

LifeVantage Scam

We’re currently living in a very uncertain world, with all sectors of the market facing hardships and challenges because of COVID-19. A lot of places are struggling to stay afloat and get the results they need, making it that much more impressive that LifeVantage has seen the growth that it has.

There are a few numbers worth pointing out for the Q4 results, and they include the following:

  • Revenue went up 5.7% for a total of $59.4 million
  • Revenue in the Americas went up by 5.9%, along with a 5.1% increase for revenues in Asia/Pacific Asia and Europe
  • LifeVantage’s active accounts went up to 179,000 for an increase of 2.3%
  • The revenue made per account increased by 12.8%

Moving to the total highlights for the 2020 fiscal year, we have a few more impressive numbers that are worth highlighting:

  • Total revenue increased to $232.9 million (a jump of 31.%)
  • Americas had a revenue increase by 1.9%, along with a 6.1% increase for Asia/Pacific Asia and Europe

Those are impressive numbers during a normal year, but as mentioned above, they’re that much more noteworthy when everything has changed as much as it has.

The future certainly looks bright for LifeVantage, and we cannot wait to see what the rest of 2020 and 2021 has in store for the company.

Is LifeVantage Really A Scam?

Have you been hearing that LifeVantage is a scam?

Have you heard LifeVantage is legit?

It can be hard to tell with so many different people telling you different things.

So, what’s the truth – is LifeVantage a scam or is it a good business?

I would say it’s not a scam. There are a few things you should be aware of before joining.

The best way to be successful is to be prepared going in, and have a plan to market yourself.

If you want help marketing and making money, see below.

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Conclusion for LifeVantage

I hope you got all the details you needed to make an informed decision in this LifeVantage Review.

Bears of anyone trying to sell you something in their review articles.

If you do want to proceed with LifeVantage, make sure you know how to market properly.

My FREE training below will help you.

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