Lifevantage Corp (LFVN) FY2025 10-K Annual Report

Filed: Sep 4, 2025
Health Care
Pharmaceutical PreparationsSEC EDGAR

Lifevantage Corp (LFVN) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Sep 4, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Lifevantage Corp FY2025 10-K Analysis

Business Overview

  • Core business model: Direct sales of nutrigenomic-based dietary supplements and wellness products promoting health activation through genetic pathways
  • New product emphasis: Launched patent-pending MindBody GLP-1 System™ targeting gut-brain axis for appetite control and weight management
  • Strategic shift: Expanded and optimized Evolve Compensation Plan globally for independent consultants, enhancing recruitment and retention efforts
  • Quantitative metric: Rewards Circle loyalty program expanded to six new regions by February 2024, incentivizing subscription purchases among customers and consultants
  • Noteworthy fact: Introduced technology-driven consultant engagement tools using AI and machine learning to personalize sales guidance and improve productivity

Management Discussion & Analysis

  • Cash and equivalents $20.2M at June 30, 2025, up $3.3M from $16.9M at June 30, 2024
  • Net cash from operations $11.9M in FY2025 vs $12.2M in FY2024, slight decrease due to inventory and deposits
  • Cash used in investing $1.4M in FY2025 for software and app development vs $2.2M in FY2024 for leasehold improvements
  • Cash used in financing $7.6M in FY2025 for stock repurchases, dividends, and tax withholding vs $14.4M in FY2024
  • Working capital $23.7M at June 30, 2025 vs $15.3M at June 30, 2024, driven by higher cash, inventory, and prepaid expenses
  • No outstanding balance on 2024 Credit Facility as of June 30, 2025; line of credit up to $5.0M available
  • Management expects current cash flow and reserves sufficient for next 12 months; may adjust capital spending or seek additional funding if needed

Risk Factors

  • Cybersecurity risk oversight by audit committee with direct board reporting on material incidents and financial effects
  • CIIO with 40+ years IT security experience leads cybersecurity program addressing risk detection and mitigation
  • Potential operational disruption from cybersecurity threats managed via continuous monitoring and remediation efforts

Lifevantage Corp FY2025 Key Financial Metrics
XBRL

Revenue

$229M

+14.2% YoY

Net Income

$10M

+233.8% YoY

Gross Margin

80.4%

+107bp YoY

Operating Margin

5.3%

+317bp YoY

Net Margin

4.3%

+282bp YoY

ROE

28.3%

+1700bp YoY

Total Assets

$72M

+19.3% YoY

EPS (Diluted)

$0.75

+226.1% YoY

Operating Cash Flow

$12M

-2.6% YoY

Source: XBRL data from Lifevantage Corp FY2025 10-K filing on SEC EDGAR. All figures in USD.

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