Youngevity International, Inc. Provides Update on Financial Reporting and Files Forms 10-Q for Quarters Ended March 31, June 30, and September 30, 2020

Youngevity International, Inc. (OTCM: YGYI), (“YGYI” or the “Company”), a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a direct marketing enterprise, and a nutraceutical manufacturing enterprise, today reported financial results for the quarters ended March 31, June 30, and September 30, 2020.

Youngevity International, Inc. Provides Update on Financial Reporting and Files Form 10-K for the Year Ended December 31, 2019

INCOME STATEMENT HIGHLIGHTS: Revenue for 2019 was $147.4 million compared to $162.4 million for 2018, a decrease of 9.2%. Gross profit decreased approximately $1.1 million for 2019 compared to 2018, a decrease of 1.1%. Adjusted EBITDA was a loss of approximately $15.4 million for 2019 compared to a $7.0 million gain for 2018. BALANCE SHEET HIGHLIGHTS:…