Friday, February 20, 2015 10:32:17 AM
Vitamin Blue Confirms Record Revenue for 2014, Up 60% Year Over Year
COSTA MESA, CA, Feb 20, 2015 (Marketwired via COMTEX) -- Vitamin Blue (otc pink:VTMB) announced its best year in growth and revenue, coming in at an increase of 60% compared to 2013. This is 4% better than the 56% forecasted at the end of last year. The company attributes this growth to growing expansion of the business and brand, an uptick in new customers who are discovering Stand Up Paddle boarding, and a strong boost in online sales. Final revenue from Amazon sales increased 73% year over year while eBay was even stronger coming in with a 109% increase over 2013.
First quarter of 2015 is continuing the trend in growing online sales. Both sales on Amazon and eBay are up 78% at the midpoint of Q1 compared to the same time period in 2014.
"We are proud of what we accomplished in 2014," commented Frank Ornelas, CEO of Vitamin Blue. "We plan on adding new channels and opportunities in the next several months to help us keep the foot on the gas in successfully continuing to drive even higher online sales in 2015."
About Vitamin Blue, Inc. (www.vitaminblue.com):
Vitamin Blue designs, develops, produces and distributes water board sports apparel, accessories and related products. Founded in 1999, the Costa Mesa, California based company is part of the consumer goods sector and non-durables industry.
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