Business For Home Reports: ForeverGreen Revenue Down 32.8%

FGXpress Founder Ron Williams Has To Figure Out A Way To Make His Farmer's Market Concept Profitable!

Ron-Williams

ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today financial results for the second quarter ended June 30, 2016.

Second Quarter Financial Highlights

  • Total revenues decreased 32.8% to $10,798,076 from $16,079,017 during Q2 2015
  • Sales and Marketing expenses decreased 48.6% to  $4,056,821 versus$7,890,203 during the comparable period in 2015
  • General and administrative expenses decreased 36.3% to $3,387,969 from$5,322,385
  • Total Operating Expenses decreased 43.7 % to $7,444,790 from$13,212,588 during Q2 2015
  • Net Operating Income Increased from a loss of $1,173,114 in Q2 2015 to a gain of  $338,151
  • Net Income for the quarter was $189,719 or .01 EPS compared to a loss of $1,446,797 or (.06) EPS during Q2 2015

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