Immunotec Reports Growth - U.S. Sales Increase 31%.

“Our Company improved its profitability significantly during the first nine-month period of this fiscal year”, said Charles L. Orr, Chief Executive Officer of Immunotec. “During the 3rd quarter, we were pleased to increase our presence in the United States, the largest Direct Selling market in the world”,
added Mr. Orr.

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VAUDREUIL-DORION, QC, September 17, 2015 – Immunotec Inc. (TSXV: IMM), a direct-to-consumer company and a leader in the nutritional industry (the “Company” or “Immunotec”), today announced its consolidated financial results for the third quarter of Fiscal 2015. All amounts in this press release are denominated in Canadian dollars unless otherwise indicated.

... In the United States, the increase in network sales is the result of an increase in the sponsoring1 of new consultants and customers. For the three and nine-month periods ended July 31, 2015, the number of new independent consultants and customers in the United States increased by 37.0% and 31.1% compared to the corresponding periods in the previous year. This increase primarily reflects the Company’s continued success in attracting customers and independent consultants throughout the United States. To support this growth, the Company opened a satellite office in California in October 2014.

Adjusted EBITDA1 for the three- and nine-month periods ended July 31, 2015 amounted to $1.5M or 6.7% and $4.0M or 6.7% of revenues compared to $1.7M or 7.5% and $3.8M or 6.7% in the same periods the previous year. For the nine-month periods, the Adjusted EBITDA1 was relatively stable at 6.7% of total revenues and recording a 4% increase over the prior year.

Net profit for the three- and nine-month periods ended July 31, 2015, totalled $1.2M and $2.3M as compared to a loss of $4.3M and $2.7M in the corresponding periods in the previous year

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New Informed-Choice Logo on Immunocal Boxes

Very soon, when Consultants receive their Immunocal boxes, they will notice a new logo (INFORMED-CHOICE.org Trusted by sport) on the top panel of each box.  

This logo signifies that the world-class anti-doping lab, LGC - Science for a Safer World, with its quality-assurance program, is stating that Immunocal is free of banned substances.
So whether you are a weekend warrior or Olympic Gold Medalist, you can enter your competition with “peace of mind” knowing that Immunocal has been tested by one of the top programs worldwide.

Many natural products are available that claim to help your immune system, but very few have undergone the rigorous testing and published human trials that Immunotec has accomplished over the years. Over forty published scientific and medical articles attest to its remarkable credibility. 

IMMUNOTEC CELEBRATES NATIONAL HISPANIC HERITAGE MONTH IN UNITED STATES

In honor of the rich Hispanic and Latino heritage in the United States, we will be celebrating the achievements and sharing the stories of our Hispanic Consultants throughout the month.

Visit Facebook to follow these stories and take the opportunity to join the conversation by sharing your story too! 

Today is Immunotec International Business Opportunity Day

We are excited to report that today, all over the Immunotec world; Consultants will be hosting Business Opportunity Day meetings in their homes, coffee shops, meeting halls, via conference call and even by webinars!

If you have not made your plans to host a meeting, why not join a meeting! 

Take part in the biggest opportunity event of our history!