Q3 2025 LifeVantage Corp Earnings Call Transcript
Key Points
- Lifevantage Corp (LFVN) reported a strong third quarter with revenues of $58.4 million, up 21% year over year.
- The MindBody GLP-1 system was a primary growth driver, with U.S. revenues increasing by 31%.
- Gross margin improved by 210 basis points to 81%, driven by product mix and lower inventory-related expenses.
- Adjusted EBITDA increased by 27% year-over-year to $6.4 million, with an improved margin of 11%.
- The company launched the Evolve Compensation Plan and LV360 initiatives in multiple international markets, aiming to enhance consultant opportunities and business growth.
- International revenues declined by 7% year-over-year, highlighting ongoing challenges in these markets.
- Foreign currency fluctuations negatively impacted revenue by $500,000 in the third quarter.
- Commissions and incentive expenses increased to 44.8% of revenue, up from 40.9% in the prior year period.
- There was a sequential decline in active accounts in the Americas, attributed to previous stock-out issues.
- The company revised its fiscal 2025 revenue outlook downward, citing uncertainties in international market growth.
Good day, ladies and gentlemen, and thank you for standing by. Welcome to today's conference call to discuss LifeVantage's third quarter of fiscal 2025 results. (Operator Instructions)
Hosting today's conference call will be Reed Anderson with ICR. As a reminder, today's conference is being recorded. And now I would like to turn the conference over to Mr.
Anderson. Please go ahead, sir.
Thank you. Good afternoon, and welcome to LifeVantage Corporation's conference call to discuss results for the third quarter of fiscal 2025. On the call today from LifeVantage with prepared remarks are: Steve Fife, President and Chief Executive Officer; and Carl Aure, Chief Financial Officer. By now, everyone should have access to the earnings release, which went out this afternoon at approximately 4:05 PM Eastern Time.
If you have not received the release, it is available on the Investor Relations portion of LifeVantage's website at
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
