Financial Data and Key Metrics Changes - The company reported Q1 revenue at $364.5 million, achieving the high end of its guidance range, despite a 3% negative foreign currency impact of $12.3 million [20] - GAAP earnings per share were $2.14, while adjusted earnings per share were $0.23, surpassing guidance and showing significant improvement over the prior year [20] - Q1 gross margin was 67.8%, down from 70.5% in the prior year, primarily due to revenue mix changes [20] - Selling expense as a percentage of revenue was 32.5%, a decline from the prior year, reflecting the overall revenue mix [21] - General and administrative expenses improved to 28.9% from 29.9%, indicating cost reduction efforts [22] Business Line Data and Key Metrics Changes - The core Nu Skin business gross margin was 76.7%, slightly down from the prior year but showing sequential improvement [20] - The RISE segments experienced 10% year-over-year growth in manufacturing, indicating strong performance in this area [7] - Latin America saw significant growth with a 144% year-on-year increase, driven by a focused developing market strategy [11] Market Data and Key Metrics Changes - Improving trends were noted in South Korea and China, while Europe and Africa showed better results due to an enhanced sales performance plan [6] - Southeast Asia Pacific markets experienced growth, although Indonesia faced additional headwinds [7] - Japan's performance remained stable on a local currency basis, contributing to a consistent consumer base [7] Company Strategy and Development Direction - The company outlined three strategic priorities for 2025: strengthening the core Nu Skin business, accelerating innovation with the IO intelligent beauty and wellness platform, and improving operational performance [8][9] - A major milestone was achieved with over $20 billion in sales compensation paid to the sales force, emphasizing the commitment to rewarding brand affiliates [10] - The company plans to enter the Indian market in mid-2026, leveraging a localized product suite and compensation plan [12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's future despite macroeconomic pressures, highlighting strong partnerships with sales leaders [5] - The company is implementing proactive supply chain strategies to mitigate risks from global uncertainties, including tariffs [25] - Current projections suggest that tariffs are unlikely to materially impact costs in the near term, but consumer sentiment will be closely monitored [25] Other Important Information - The company reduced outstanding debt by $155 million, achieving the lowest debt level in over ten years [24] - Approximately $8 million was returned to shareholders through dividends and share repurchases [24] - The launch of the Prism IO intelligent wellness platform is anticipated to enhance customer relationships and drive revenue growth [13][17] Q&A Session Summary Question: What are the expectations for revenue in Q2? - The company projects second quarter revenue between $355 million and $390 million, factoring in an expected foreign currency headwind of 2% to 3% [26] Question: How is the company addressing macroeconomic pressures? - The company is implementing proactive supply chain strategies and closely monitoring potential effects on consumer sentiment and demand [25]

Financial Data and Key Metrics Changes - The company reported Q1 revenue of $364.5 million, achieving the high end of its guidance range, despite a 3% negative foreign currency impact of $12.3 million [17] - GAAP earnings per share (EPS) was $2.14, while adjusted EPS was $0.23, surpassing guidance and showing significant improvement over the prior year [17] - Q1 gross margin was 67.8%, down from 70.5% in the prior year, primarily due to revenue mix changes [17] - Selling expenses as a percentage of revenue decreased to 32.5%, reflecting a decline from the prior year [18] - General and administrative expenses improved to 28.9% of revenue, down from 29.9% [19] - The company reduced outstanding debt by $155 million, bringing total debt to $239 million, the lowest level in over ten years [21] Business Line Data and Key Metrics Changes - Significant growth was noted in Latin America, with a year-on-year growth of 144%, driven by a developing market strategy [5][9] - The core Nu Skin business gross margin was 76.7%, slightly down from the prior year but showing sequential improvement [17] - The RISE segments experienced 10% year-over-year growth in manufacturing [6] Market Data and Key Metrics Changes - Improving trends in key performance indicators (KPIs) were observed in South Korea and China, while Europe and Africa showed better results due to an enhanced sales performance plan [6] - Southeast Asia Pacific markets showed growth, although Indonesia faced additional headwinds [6] Company Strategy and Development Direction - The company outlined three strategic priorities for 2025: strengthening the core Nu Skin business, accelerating innovation related to the IO intelligent beauty and wellness platform, and improving operational performance and efficiency [7] - A major milestone was achieved with over $20 billion in sales compensation paid to the sales force, emphasizing the commitment to enhancing the sales compensation plan [8] - The company plans to enter the Indian market in Q4 2025, targeting a population of 1.4 billion with locally manufactured products [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's future despite near-term macroeconomic pressures, highlighting strong partnerships with sales leaders [4] - The company is implementing proactive supply chain strategies to mitigate risks from global uncertainties, including tariffs [22] - Guidance for Q2 revenue is projected between $355 million and $390 million, with anticipated foreign currency headwinds of 2% to 3% [23] Other Important Information - The introduction of Prism IO, an intelligent wellness platform, is expected to enhance customer relationships and product recommendations [11] - The company has amassed a significant antioxidant database, which will support the development of customized nutrition solutions [12][14] Q&A Session Summary - No specific questions and answers were provided in the content, thus this section is not applicable.

Core Viewpoint - Natural Health Trends Corp. reported a 2% year-over-year revenue decrease for Q1 2025, attributed to promotional calendar differences, but showed a 9% sequential increase in orders from Q4 2024, indicating strong customer interest in their products [4][8]. Financial Performance - Revenue for Q1 2025 was $10.7 million, down from $11.0 million in Q1 2024, marking a 2% decline [9]. - The operating loss was $345,000, an improvement from a loss of $365,000 in the same quarter of the previous year [9]. - Net income for Q1 2025 was $122,000, or $0.01 per diluted share, compared to $188,000, or $0.02 per diluted share, in Q1 2024 [9]. - Active Members decreased by 2% to 30,180 as of March 31, 2025, compared to 30,870 at December 31, 2024, and down 5% from 31,620 at March 31, 2024 [9]. Cash Flow and Dividends - Cash flows from operations were $484,000 in Q1 2025, down from $549,000 in Q1 2024 [10]. - The company declared a quarterly cash dividend of $0.20 per share, payable on May 23, 2025 [10]. Balance Sheet Overview - Total cash, cash equivalents, and marketable securities were $41.9 million at March 31, 2025, down from $43.9 million at December 31, 2024 [10]. - Total assets decreased to $53.2 million as of March 31, 2025, from $55.4 million at December 31, 2024 [15][16]. Management Commentary - Management acknowledged the challenges posed by the ongoing trade war and emphasized efforts to align manufacturing closer to key markets to enhance efficiency [5]. - The company remains committed to delivering high-quality products and exceptional service to improve the well-being of its members [5].

Q1 2025 Performance Overview - BeFra Group's net revenue decreased by 2.9%[2] - EPS decreased significantly by 48.7% due to lower sales, profitability, and higher taxes[3] - Gross Margin declined by 353 basis points, primarily due to FX pressures in Betterware Mexico and Jafra Mexico[3] Betterware Mexico - Betterware Mexico revenues declined by 9.8%, marking the first decline since Q3 2023[6] - The distributor base decreased by 6.0%, and the associate base declined by 10.4%[6] - Gross Margin contracted by 473 basis points due to increased costs driven by the depreciation of the Mexican Peso, with costs increasing from $18 to $20[7] - EBITDA for Betterware Mexico declined by 31.6%[7] Jafra Mexico - Jafra Mexico's net revenues increased slightly by 1.1%[10] - Gross margin declined by 398 basis points due to volume-price initiatives and a shift toward lower-priced products[10] - EBITDA decreased by 25.2%, impacted by the decline in Gross Margin and increased promotional activities[10] Jafra US - Jafra US net revenues decreased by 4.7% in USD[13] - EBITDA declined by 9.3%, impacted by one-time legal settlements[13] Financial Position and Outlook - The board of directors has proposed a Ps 200 million dividend for Q1 2025, subject to approval[28] - Management maintains its 2025 financial guidance, projecting high single-digit growth in net revenue and EBITDA[26, 27]

Core Viewpoint - Natural Health Trends Corp. will report its financial results for the first quarter of 2025 on April 30, 2025, at 9:00 a.m. Eastern Time, followed by a conference call at 11:30 a.m. Eastern Time to discuss the results [1]. Financial Results Announcement - The financial results for the first quarter ended March 31, 2025, will be announced on April 30, 2025 [1]. - A conference call will be hosted by President Chris Sharng and CFO Scott Davidson on the same day at 11:30 a.m. Eastern Time [1]. Conference Call Details - Date and Time: April 30, 2025, at 11:30 a.m. Eastern Time / 8:30 a.m. Pacific Time [2]. - Dial-in numbers: 1-877-407-0789 (Domestic) and 1-201-689-8562 (International) [2]. - Webcast link provided for live participation [2]. - Replay of the call will be available from 2:30 p.m. Eastern Time on April 30, 2025, until 11:59 p.m. Eastern Time on May 14, 2025 [2]. Company Overview - Natural Health Trends Corp. is an international direct-selling and e-commerce company operating in Asia, the Americas, and Europe [3]. - The company markets premium quality personal care products under the NHT Global brand [3].

Financial Data and Key Metrics Changes - The company reported a revenue growth of 11.1% in Q4 2024 compared to the same period last year, driven by strong performance in Jaffra Mexico [3][11] - For the full year 2024, consolidated revenue increased by 8.4% compared to 2023, with Jaffra Mexico achieving a 13% increase and Better World Mexico a 4.6% increase [4][14] - EBITDA increased by 2% to RUB 2.8 billion versus 2023, although it was slightly below the low end of the guidance range [4][18] - Adjusted earnings per share grew by 10.5% in Q4 and 17.3% for the full year, supported by lower interest expenses and gains on derivative instruments [20] Business Line Data and Key Metrics Changes - Jaffra Mexico experienced a remarkable 22.2% revenue growth in Q4, while Better World Mexico showed resilience with a 1.5% growth [3][12] - Jaffra U.S. saw a revenue decrease of 17.6% in U.S. dollars, primarily due to challenges with the implementation of Shopify Plus [13] - Better World Mexico's EBITDA surged by 31.8% in Q4, with a margin expansion of 508 basis points [18] Market Data and Key Metrics Changes - Better World Mexico holds an estimated 4% market share in the household product market, with plans to deepen market penetration [5] - Jaffra Mexico's gross margin improved significantly, rising to 76.3%, driven by a favorable product mix and pricing strategy [17] Company Strategy and Development Direction - The company aims to consolidate its operations in Mexico, focusing on expanding market share and enhancing operational efficiency [25][26] - Plans for international expansion include positioning brands in the U.S. market and entering Latin America, starting with Ecuador [29][30] - The company is committed to inorganic growth by exploring acquisitions that complement existing brands [32] Management's Comments on Operating Environment and Future Outlook - Management acknowledged external challenges, including supply chain disruptions and rising costs, but expressed confidence in the company's resilience and growth potential [19][21] - The target for 2025 includes mid to high single-digit growth for both net revenues and EBITDA [21] Other Important Information - The company plans to launch a new online training program for its sales force and enhance digital capabilities [28] - A dividend of Ps. $250,000,000 for Q4 has been proposed, marking the twentieth consecutive dividend since the 2020 IPO [20][21] Q&A Session Summary Question: Inventory levels and normalization - Management indicated that inventory levels rose due to previous shortages and rising costs, with expected normalized levels around MXN 2,000 million for 2024 [37][44]

As filed with the Securities and Exchange Commission on June 5, 2024 Registration No. 333-278560 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form S-1/A Amendment No. 3 UNDER THE SECURITIES ACT OF 1933 HWH International Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) Delaware 5122 87-3296100 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 4800 Montgomery Lane, S ...

As filed with the Securities and Exchange Commission on June 5, 2024 Registration No. 333-278560 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form S-1/A Amendment No. 3 UNDER THE SECURITIES ACT OF 1933 HWH International Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) Delaware 5122 87-3296100 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 4800 Montgomery Lane, S ...

As filed with the Securities and Exchange Commission on May 20, 2024 Registration No. 333-278560 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form S-1/A Amendment No. 2 UNDER THE SECURITIES ACT OF 1933 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) John Thatch Chief Executive Officer HWH International Inc. 4800 Montgomery Lane, Suite 210 Bethesda, MD 20814 1-301-971-3955 HWH International Inc. (Exact Name of Re ...

As filed with the Securities and Exchange Commission on May 20, 2024 Registration No. 333-278560 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form S-1/A Amendment No. 2 UNDER THE SECURITIES ACT OF 1933 (State or other jurisdiction of incorporation or organization) Delaware 5122 87-3296100 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 4800 Montgomery Lane, Suite 210 Bethesda, MD 1-301-971-3955 (Address, including zip code, and telepho ...