Maciej Maciejewski

Medifast Inc. – the parent company for DS/MLM health and wellness subsidiary OPTAVIA, reported annual revenue of $1.526 billion in 2021, a 63.2% increase over the previous year. Net income also saw enormous gains of 59.5% to equal $164 million. EPS for the year was $13.89, a 60% increase over 2020 levels.

Herbalife Nutrition released its full year 2021 financial results, reporting net sales of $5.8 billion, a 4.7% increase over 2020 and the largest annual net sales in company history. Diluted EPS ($4.13), adjusted diluted EPS ($4.79), reported net income ($447.2 million) and adjusted EBITDA ($873.5 million) also beat annual company record highs.

The Canadian Academic Entrepreneur Challenge announced the winning teams of its inaugural contest. A team of post-secondary students representing Trinity-Western University in Langley, British Columbia, won the top $2,500 prize, for their “wellness rings and comprehensive direct-to-consumer distribution strategy”.

Nu Skin announced its fourth quarter and full year financial report for 2021. Included in the report are revenue increases for both categories, with fourth quarter revenue seeing a 10% boost and annual revenue increasing by 4%.

Perhaps this is one of the reasons why so many people find the earning potential of network marketing suspicious: beyond all traditionally accepted conditions for professional success, virtually every person has a chance to achieve anything in this area of the economy.

Sunrider International celebrated its 40th anniversary with a ribbon-cutting ceremony. The ceremony was held at its world headquarters building, in Torrance, California.

USANA endeavored to accomplish small and large-scale projects that would live out the goals for corporate accountability and sustainability outlined in their 2021 Sustainability Report. The efforts were divided into three categories: people, planet and products.

PM-International AG has surpassed $2 billion in sales for the first time. Annual revenue for the company in 2021 increased more than 35% over the previous year, posting $2.35 billion. The company also announced record growth within the German market, where the company was founded, with more than 35% growth in 2021 compared to 2020.

eXp Realty will expand its real estate operations into the Dominican Republic, Greece and New Zealand during the first quarter of 2022. This announcement follows the company’s rapid expansion last year, during which it opened operations in nine new markets, including Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama and Germany.

In an agreement announced this week, Betterware de Mexico has signed a $255 million agreement to acquire 100% of JAFRA’s operations within the U.S. and Mexico. The acquisition is expected to finalize early this year.