Fourth quarter revenue increased 108% year-over-year to $73.7 million
Fourth quarter net income of $13.7 million or $1.13 per diluted share
Record full year revenue increased 113% year-over-year to $264.9 million
Record full year net income of $47.2 million or $3.82 per diluted share
LOS ANGELES, Feb. 02, 2016 (GLOBE NEWSWIRE) -- Natural Health Trends Corp. (NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and "quality of life" products under the NHT Global brand, today announced its financial results for the fourth quarter and full year ended December 31, 2015.
Fourth Quarter 2015 Financial Highlights
Total revenue increased 108% to $73.7 million, compared to $35.4 million in the fourth quarter of 2014.
Revenue from the Company’s Hong Kong operations, which represented 92% of total revenue, increased 120% to $67.7 million, compared to $30.7 million in the fourth quarter of 2014.
Revenue outside of Hong Kong increased 27% to $5.9 million, compared to $4.7 million in the fourth quarter of 2014.
Operating income increased 129% to $13.9 million, compared to $6.1 million in the fourth quarter of 2014.
Net income available to common stockholders was $13.7 million, or $1.13 per diluted share, compared to $5.8 million, or $0.45 per diluted share, in the fourth quarter of 2014.
The number of Active Members1 increased 15% to 109,360 at December 31, 2015, compared to 94,700 at September 30, 2015.
1 Natural Health Trends defines Active Members as those that have placed at least one product order with the Company during the preceding twelve month period.
Full Year 2015 Financial Highlights
Total revenue increased 113% to $264.9 million, compared to $124.6 million for the full year of 2014.
Operating income increased 130% to $47.9 million, compared to $20.8 million for the full year of 2014.
Net income available to common stockholders was $47.2 million, or $3.82 per diluted share, compared to $20.4 million, or $1.61 per diluted share, for the full year of 2014.
http://finance.yahoo.com/news/natural-health-trends-reports-strong-210100412.html
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