NewAge, Inc. announced its financial results for the second quarter of 2021, reporting a 98% increase in net revenue, totaling $124 million. Gross profit for the quarter reached $84 million, an increase of 120% year-over-year. The company’s EBITDA stands at $1.7 million, with a basic earnings per share of $0.11.
NewAge, Inc. was honored with 12 awards at the Golden Bridge Business and Innovation Awards, winning Most Innovative Company of the Year as well as “Grand Winner,” an honor shared with notable brands like IBM.
NewAge announced that 33 of its nutritional supplements have been added to the Cologne List, an initiative that offers protection for consumers and athletes from the risk of banned substance contamination and involuntary doping offenses caused by supplemental nutrition products.
NewAge, Inc. announced a manufacturing partnership with TCI Co., Ltd., a Taiwan-based company. The manufacturing agreement includes the sale of the company’s US manufacturing facility and Utah-based office to TCI for a combination of $3.5 million in cash, plus a share of revenues over the next five years.
NewAge, Inc. received honors for the direct-to-consumer marketing and corporate image categories at the Hermes Creative Awards Competition.
NewAge, Inc. is collaborating with HotelPlanner in a service provider partnership that will make HotelPlanner the exclusive hotel reservations provider for NewAge’s more than 400,000 distributors as well as corporate staff.
NewAge will debut new platforms and assets following the acquisitions of four partner companies: Noni, LIMU, Zennoa, and ARIIX. All five entities will launch on NewAge.com on July 3, 2021. In this newly renovated site, all of its partner companies will coexist across the platform in separate sections to maintain the integrity and identity of […]
NewAge, Inc. was honored at the 42nd annual Telly Awards competition as a winner in both the direct-to-consumer marketing and corporate images categories.
NewAge, Inc. has officially acquired Aliven, Inc., a Japan-based health and wellness business that offers skin care products infused with stem cells and patented Invel® Far-Infrared Technology Products.
NewAge, Inc. announced record financial results for the first quarter of 2021, almost doubling its net revenue from the previous year’s quarter, with a 97% increase to $125.5 million, and a gross profit increase of 111% to $87.4 million. The acquisition of ARIIX strongly impacted these numbers. “The first quarter saw accelerated top and bottom-line […]
NewAge, Inc. announced the launch of Nutrifii Kids Chewable Multivitamin, a new multivitamin for children. This new supplement will be available in a chewable tablet—a delivery mechanism that eliminates the sugar and artificial colors and flavors found in many gummy vitamin options available on the market.
NewAge, Inc. announced that it is experiencing record growth in its European market, including exceeding records for net revenue growth, new distributor enrollment and attendance at its virtual events. NewAge Europe saw triple-digit organic growth at the end of 2020, led by Region President Cameron Bott, and the company expects this momentum to continue into […]