LifeVantage Corp ( (LFVN) ) has released its Q2 earnings. Here is a breakdown of the information LifeVantage Corp presented to its investors.
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LifeVantage Corporation, a leader in the health and wellness sector, specializes in nutrigenomics products that enhance health at a cellular level. The company recently announced impressive financial results for the second quarter of fiscal 2025. LifeVantage reported a significant revenue increase of 31.3% from the previous year, with total revenue reaching $67.8 million. This growth was largely driven by the strong performance in the Americas, which saw a revenue boost of 46.3%, while revenue in Asia/Pacific & Europe experienced a decline of 15.5% due to currency fluctuations.
The company’s profitability metrics also showed significant improvements, with net income per diluted share reaching $0.19, a turnaround from a loss of $0.05 per diluted share in the prior year. Adjusted earnings per share more than doubled to $0.22, and adjusted EBITDA was reported at $6.5 million, up from $3.1 million the previous year. The launch of the MindBody GLP-1 System™ in the U.S. was a key contributor to these positive results, expanding the company’s market reach and driving enrollment to the highest levels in five years.
LifeVantage’s gross profit margin increased to 80.5% from 78.6% a year ago, attributed to a favorable product sales mix and reduced inventory-related expenses. The company’s operating income improved significantly to $3.4 million, compared to a loss of $1.3 million in the same quarter last year. Despite an increase in commission expenses due to active participation in promotional programs, the company effectively managed its selling, general, and administrative expenses, further boosting operating profits.
Looking ahead, LifeVantage has revised its fiscal year 2025 guidance, expecting revenue between $235 million to $245 million, reflecting an optimistic outlook buoyed by current business trends. The company also anticipates adjusted EBITDA in the range of $21 million to $24 million and adjusted earnings per share between $0.72 and $0.88, highlighting a strong position for continued growth and success.
